Cost of Living Comparison

PAB

COMPARED TO

USD

United States is 54.4% more expensive than Panama.

If you lived in United States instead of Panama, you would:

pay 31.3% more for restaurants

	Panama	United States
Basic meal with drink at inexpensive restaurant	$8.05 PAB8.05	$14.25	+77.0%
Fast food combo meal McDonalds, or similar	$7.25 PAB7.25	$7.75	+6.9%
Bottle of Coca-Cola (11 fl. oz)	$1.55 PAB1.55	$1.90	+22.4%
Bottle of water (11 fl. oz)	$1.29 PAB1.29	$1.53	+19.0%
Average			+31.3%

Panama vs. United States - Cost of restaurants

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pay 33.2% more for groceries

	Panama	United States
Bread 1 loaf	$2.00 PAB2.00	$2.71	+35.4%
Local cheese (8 oz)	$4.22 PAB4.22	$5.56	+31.6%
Milk (1 gallon)	$5.83 PAB5.83	$3.22	-44.7%
Eggs 1 dozen	$1.95 PAB1.95	$2.30	+17.9%
Boneless chicken breast (1 lb)	$3.17 PAB3.17	$4.18	+31.8%
Apples (1 lb)	$1.31 PAB1.31	$2.07	+57.7%
Bananas (1 lb)	$0.71 PAB0.71	$0.75	+5.5%
Oranges (1 lb)	$0.98 PAB0.98	$1.88	+90.6%
Tomatoes (1 lb)	$1.16 PAB1.16	$1.94	+66.9%
Potatoes (1 lb)	$0.89 PAB0.89	$1.24	+39.3%
Onions (1 lb)	$0.94 PAB0.94	$1.25	+32.8%
Average			+33.2%

Panama vs. United States - Cost of groceries

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pay 30.7% more for transportation

	Panama	United States
Gasoline (1 gallon)	$3.24 PAB3.24	$2.62	-19.1%
Monthly public transit pass	$27.64 PAB27.64	$63.05	+128.1%
New Volkswagen Golf 1.4 (standard edition)	$19,000.00 PAB19,000.00	$23,189.08	+22.0%
Taxi trip in downtown area (5 miles)	$18.33 PAB18.33	$16.83	-8.2%
Average			+30.7%

Panama vs. United States - Cost of transportation

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pay 78.9% more for housing

	Panama	United States
Internet connection 50 mbps or faster, cable/dsl	$48.79 PAB48.79	$67.11	+37.5%
1-Bedroom apartment in downtown area	$705.36 PAB705.36	$1,225.46	+73.7%
1-Bedroom apartment outside city center	$419.09 PAB419.09	$1,034.80	+146.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$81.71 PAB81.71	$128.68	+57.5%
Average			+78.9%

Panama vs. United States - Cost of housing

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pay 2.2 times more for childcare

	Panama	United States
Private preschool for 1 child, monthly	$383.04 PAB383.04	$891.12	+132.6%
Middle school for 1 child, two semesters	$7,365.69 PAB7,365.69	$15,195.09	+106.3%
Average			+119.4%

Panama vs. United States - Cost of childcare

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pay 85.9% more for entertainment and sports

	Panama	United States
Domestic/local beer (1 pint)	$1.80 PAB1.80	$4.52	+151.2%
Cappuccino in mid-range area	$2.71 PAB2.71	$4.18	+54.2%
Pack of cigarettes Marlboro or similar	$5.37 PAB5.37	$7.90	+47.2%
Monthly membership at local gym	$33.09 PAB33.09	$39.67	+19.9%
Movie ticket to theater/cinema	$4.50 PAB4.50	$11.58	+157.2%
Average			+85.9%

Panama vs. United States - Cost of entertainment and sports

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pay 1.5% more for clothing

	Panama	United States
Regular jeans Levi's brand	$44.29 PAB44.29	$43.02	-2.9%
Regular dress from H&M or similar store	$42.18 PAB42.18	$35.26	-16.4%
Running shoes Nike or Adidas	$70.70 PAB70.70	$75.54	+6.9%
Men's business shoes (leather)	$80.44 PAB80.44	$95.31	+18.5%
Average			+1.5%

Panama vs. United States - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2021

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