Cost of living comparison

Panama

compared to

Sweden

Sweden vs. Panama Cost of Living Summary

Sweden is 21.5% more expensive than Panama overall.

Restaurants: pay 50.9% more in Sweden
Groceries: pay 2.6% more in Sweden
Transportation: pay 77.2% more in Sweden
Housing: pay 7.1% more in Sweden
Childcare: pay 46.1% less in Sweden
Entertainment and Sports: pay 63.4% more in Sweden
Clothing: pay 54.1% more in Sweden

The cost of transportation, entertainment and sports, clothing, restaurants, housing, and groceries in Sweden are more expensive than in Panama. Notably, transportation is significantly more expensive in Sweden.

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Sweden vs. Panama Cost Breakdown

If you lived in Sweden instead of Panama, you would:

Display currency: USD

pay 50.9% more for restaurants

	Panama	Sweden
Basic meal with drink at inexpensive restaurant	$8.20 PAB8.20	$14.04 SEK139.16	+71.2%
Fast food combo meal McDonalds, or similar	$8.90 PAB8.90	$10.77 SEK106.72	+21.0%
Bottle of Coca-Cola (11 fl. oz)	$1.41 PAB1.41	$2.49 SEK24.69	+76.9%
Bottle of water (11 fl. oz)	$1.30 PAB1.30	$2.07 SEK20.50	+58.5%
Average			+50.9%

Panama vs. Sweden - Cost of restaurants

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pay 2.6% more for groceries

	Panama	Sweden
Bread 1 loaf	$2.28 PAB2.28	$2.82 SEK27.96	+23.5%
Local cheese (8 oz)	$6.18 PAB6.18	$5.72 SEK56.73	-7.5%
Milk (1 gallon)	$7.09 PAB7.09	$6.07 SEK60.17	-14.3%
Eggs 1 dozen	$2.56 PAB2.56	$4.23 SEK41.96	+65.5%
Boneless chicken breast (1 lb)	$3.42 PAB3.42	$5.25 SEK52.06	+53.5%
Apples (1 lb)	$1.86 PAB1.86	$1.36 SEK13.45	-26.9%
Bananas (1 lb)	$0.59 PAB0.59	$1.14 SEK11.35	+93.5%
Oranges (1 lb)	$1.76 PAB1.76	$1.29 SEK12.83	-26.4%
Tomatoes (1 lb)	$1.67 PAB1.67	$1.93 SEK19.15	+15.5%
Potatoes (1 lb)	$1.09 PAB1.09	$0.76 SEK7.53	-30.4%
Onions (1 lb)	$1.14 PAB1.14	$0.73 SEK7.23	-36.2%
Average			+2.6%

Panama vs. Sweden - Cost of groceries

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pay 77.2% more for transportation

	Panama	Sweden
Gasoline (1 gallon)	$4.34 PAB4.34	$6.65 SEK65.87	+53.1%
Monthly public transit pass	$23.00 PAB23.00	$77.78 SEK770.99	+238.2%
New Volkswagen Golf 1.4 (standard edition)	$23,920.67 PAB23,920.67	$31,975.58 SEK317K	+33.7%
Taxi trip in downtown area (5 miles)	$16.62 PAB16.62	$22.74 SEK225.41	+36.8%
Average			+77.2%

Panama vs. Sweden - Cost of transportation

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pay 7.1% more for housing

	Panama	Sweden
Internet connection 50 mbps or faster, cable/dsl	$49.81 PAB49.81	$38.16 SEK378.26	-23.4%
1-Bedroom apartment in downtown area	$789.50 PAB789.50	$883.11 SEK8,753.97	+11.9%
1-Bedroom apartment outside city center	$614.84 PAB614.84	$671.43 SEK6,655.65	+9.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.53 PAB96.53	$97.70 SEK968.44	+1.2%
Average			+7.1%

Panama vs. Sweden - Cost of housing

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pay 46.1% less for childcare

	Panama	Sweden
Private preschool for 1 child, monthly	$543.33 PAB543.33	$155.03 SEK1,536.80	-71.5%
Middle school for 1 child, two semesters	$7,213.83 PAB7,213.83	$7,341.74 SEK72,776.51	+1.8%
Average			-46.1%

Panama vs. Sweden - Cost of childcare

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pay 63.4% more for entertainment and sports

	Panama	Sweden
Domestic/local beer (1 pint)	$2.21 PAB2.21	$7.36 SEK72.98	+233.1%
Cappuccino in mid-range area	$3.73 PAB3.73	$4.45 SEK44.08	+19.3%
Pack of cigarettes Marlboro or similar	$5.29 PAB5.29	$7.55 SEK74.80	+42.6%
Monthly membership at local gym	$50.91 PAB50.91	$41.12 SEK407.65	-19.2%
Movie ticket to theater/cinema	$6.13 PAB6.13	$15.58 SEK154.45	+154.0%
Average			+63.4%

Panama vs. Sweden - Cost of entertainment and sports

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pay 54.1% more for clothing

	Panama	Sweden
Regular jeans Levi's brand	$45.56 PAB45.56	$91.37 SEK905.76	+100.6%
Regular dress from H&M or similar store	$36.71 PAB36.71	$44.99 SEK445.93	+22.5%
Running shoes Nike or Adidas	$69.81 PAB69.81	$95.04 SEK942.07	+36.1%
Men's business shoes (leather)	$88.33 PAB88.33	$148.76 SEK1,474.64	+68.4%
Average			+54.1%

Panama vs. Sweden - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Panama vs. Sweden

Salary Calculator · Free tool

What salary would you need in Sweden?

Quality of Life Comparison · 22 statistics

Make 3.2 times more money in Sweden

Size Comparison · See true size

Panama is about 6 times smaller than Sweden.

Moving from Panama to Sweden · OECD 2023

1 people moved from Panama to Sweden.

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