Cost of living comparison

Panama

compared to

Uruguay

Uruguay vs. Panama Cost of Living Summary

Uruguay is 10.6% more expensive than Panama overall.

Restaurants: pay 61.4% more in Uruguay
Groceries: pay 7.7% less in Uruguay
Transportation: pay 57.1% more in Uruguay
Housing: pay 14.6% less in Uruguay
Childcare: pay 2.1% less in Uruguay
Entertainment and Sports: pay 34.3% more in Uruguay
Clothing: pay 61.1% more in Uruguay

The cost of restaurants, clothing, transportation, and entertainment and sports in Uruguay are more expensive than in Panama. Expenses including housing, groceries, and childcare are lower in Uruguay.

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Uruguay vs. Panama Cost Breakdown

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

Display currency: USD

pay 61.4% more for restaurants

	Panama	Uruguay
Basic meal with drink at inexpensive restaurant	$8.20 PAB8.20	$14.77 UYU595.28	+80.1%
Fast food combo meal McDonalds, or similar	$8.90 PAB8.90	$13.18 UYU531.47	+48.1%
Bottle of Coca-Cola (11 fl. oz)	$1.41 PAB1.41	$2.28 UYU92.10	+62.3%
Bottle of water (11 fl. oz)	$1.30 PAB1.30	$1.73 UYU69.57	+32.2%
Average			+61.4%

Panama vs. Uruguay - Cost of restaurants

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pay 7.7% less for groceries

	Panama	Uruguay
Bread 1 loaf	$2.28 PAB2.28	$2.54 UYU102.53	+11.3%
Local cheese (8 oz)	$6.18 PAB6.18	$6.45 UYU259.86	+4.2%
Milk (1 gallon)	$7.09 PAB7.09	$4.76 UYU192.09	-32.8%
Eggs 1 dozen	$2.56 PAB2.56	$4.37 UYU176.13	+70.8%
Boneless chicken breast (1 lb)	$3.42 PAB3.42	$4.88 UYU196.91	+42.8%
Apples (1 lb)	$1.86 PAB1.86	$1.11 UYU44.93	-40.0%
Bananas (1 lb)	$0.59 PAB0.59	$1.06 UYU42.63	+78.7%
Oranges (1 lb)	$1.76 PAB1.76	$0.67 UYU27.20	-61.7%
Tomatoes (1 lb)	$1.67 PAB1.67	$1.51 UYU61.00	-9.5%
Potatoes (1 lb)	$1.09 PAB1.09	$0.81 UYU32.67	-25.8%
Onions (1 lb)	$1.14 PAB1.14	$0.91 UYU36.53	-20.7%
Average			-7.7%

Panama vs. Uruguay - Cost of groceries

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pay 57.1% more for transportation

	Panama	Uruguay
Gasoline (1 gallon)	$4.34 PAB4.34	$7.82 UYU315.46	+80.3%
Monthly public transit pass	$23.00 PAB23.00	$50.87 UYU2,050.63	+121.2%
New Volkswagen Golf 1.4 (standard edition)	$23,920.67 PAB23,920.67	$29,807.93 UYU1M	+24.6%
Taxi trip in downtown area (5 miles)	$16.62 PAB16.62	$13.74 UYU553.81	-17.3%
Average			+57.1%

Panama vs. Uruguay - Cost of transportation

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pay 14.6% less for housing

	Panama	Uruguay
Internet connection 50 mbps or faster, cable/dsl	$49.81 PAB49.81	$39.12 UYU1,577.07	-21.5%
1-Bedroom apartment in downtown area	$789.50 PAB789.50	$658.65 UYU26,553.22	-16.6%
1-Bedroom apartment outside city center	$614.84 PAB614.84	$494.58 UYU19,939.10	-19.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.53 PAB96.53	$105.91 UYU4,269.85	+9.7%
Average			-14.6%

Panama vs. Uruguay - Cost of housing

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pay 2.1% less for childcare

	Panama	Uruguay
Private preschool for 1 child, monthly	$543.33 PAB543.33	$530.72 UYU21,395.78	-2.3%
Middle school for 1 child, two semesters	$7,213.83 PAB7,213.83	$7,084.27 UYU286K	-1.8%
Average			-2.1%

Panama vs. Uruguay - Cost of childcare

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pay 34.3% more for entertainment and sports

	Panama	Uruguay
Domestic/local beer (1 pint)	$2.21 PAB2.21	$3.88 UYU156.23	+75.3%
Cappuccino in mid-range area	$3.73 PAB3.73	$4.38 UYU176.69	+17.5%
Pack of cigarettes Marlboro or similar	$5.29 PAB5.29	$5.69 UYU229.52	+7.6%
Monthly membership at local gym	$50.91 PAB50.91	$49.86 UYU2,010.23	-2.1%
Movie ticket to theater/cinema	$6.13 PAB6.13	$11.10 UYU447.32	+80.9%
Average			+34.3%

Panama vs. Uruguay - Cost of entertainment and sports

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pay 61.1% more for clothing

	Panama	Uruguay
Regular jeans Levi's brand	$45.56 PAB45.56	$83.65 UYU3,372.20	+83.6%
Regular dress from H&M or similar store	$36.71 PAB36.71	$52.03 UYU2,097.62	+41.7%
Running shoes Nike or Adidas	$69.81 PAB69.81	$127.51 UYU5,140.53	+82.6%
Men's business shoes (leather)	$88.33 PAB88.33	$125.09 UYU5,042.88	+41.6%
Average			+61.1%

Panama vs. Uruguay - 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. Uruguay

Salary Calculator · Free tool

What salary would you need in Uruguay?

Quality of Life Comparison · 16 statistics

Make 27.4% more money in Uruguay

Size Comparison · See true size

Panama is about 2.3 times smaller than Uruguay.

Moving from Panama to Uruguay · Cost, visas & climate

Compare cost of living, salary and climate.

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