Cost of living comparison

Senegal

compared to

Panama

Panama vs. Senegal Cost of Living Summary

Panama is 1.4% cheaper than Senegal overall.

Restaurants: pay 20.8% more in Panama
Groceries: pay 29.2% more in Panama
Transportation: pay 48.7% less in Panama
Housing: pay 6.6% more in Panama
Childcare: pay 8.3% more in Panama
Entertainment and Sports: pay 3.1% more in Panama
Clothing: pay 17.1% less in Panama

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

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Panama vs. Senegal Cost Breakdown

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

Display currency: USD

pay 20.8% more for restaurants

	Senegal	Panama
Basic meal with drink at inexpensive restaurant	$5.12 F CFA2,990	$8.20 PAB8.20	+60.1%
Fast food combo meal McDonalds, or similar	$11.10 F CFA6,478	$8.90 PAB8.90	-19.8%
Bottle of Coca-Cola (11 fl. oz)	$1.22 F CFA715	$1.41 PAB1.41	+15.0%
Bottle of water (11 fl. oz)	$0.87 F CFA511	$1.30 PAB1.30	+49.2%
Average			+20.8%

Senegal vs. Panama - Cost of restaurants

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pay 29.2% more for groceries

	Senegal	Panama
Bread 1 loaf	$0.73 F CFA424	$2.28 PAB2.28	+214.9%
Local cheese (8 oz)	$8.68 F CFA5,066	$6.18 PAB6.18	-28.7%
Milk (1 gallon)	$9.67 F CFA5,646	$7.09 PAB7.09	-26.7%
Eggs 1 dozen	$2.47 F CFA1,442	$2.56 PAB2.56	+3.6%
Boneless chicken breast (1 lb)	$4.08 F CFA2,385	$3.42 PAB3.42	-16.2%
Apples (1 lb)	$1.45 F CFA849	$1.86 PAB1.86	+27.7%
Bananas (1 lb)	$0.86 F CFA501	$0.59 PAB0.59	-31.0%
Oranges (1 lb)	$1.32 F CFA768	$1.76 PAB1.76	+33.7%
Tomatoes (1 lb)	$0.79 F CFA463	$1.67 PAB1.67	+110.7%
Potatoes (1 lb)	$0.62 F CFA362	$1.09 PAB1.09	+76.4%
Onions (1 lb)	$0.43 F CFA249	$1.14 PAB1.14	+168.2%
Average			+29.2%

Senegal vs. Panama - Cost of groceries

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pay 48.7% less for transportation

	Senegal	Panama
Gasoline (1 gallon)	$6.27 F CFA3,659	$4.34 PAB4.34	-30.8%
Monthly public transit pass	$76.82 F CFA44,847	$23.00 PAB23.00	-70.1%
New Volkswagen Golf 1.4 (standard edition)	$50,357.24 F CFA29M	$23,920.67 PAB23,920.67	-52.5%
Taxi trip in downtown area (5 miles)	$19.20 F CFA11,212	$16.62 PAB16.62	-13.5%
Average			-48.7%

Senegal vs. Panama - Cost of transportation

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pay 6.6% more for housing

	Senegal	Panama
Internet connection 50 mbps or faster, cable/dsl	$46.36 F CFA27,068	$49.81 PAB49.81	+7.4%
1-Bedroom apartment in downtown area	$810.84 F CFA473K	$789.50 PAB789.50	-2.6%
1-Bedroom apartment outside city center	$431.19 F CFA252K	$614.84 PAB614.84	+42.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$155.27 F CFA90,649	$96.53 PAB96.53	-37.8%
Average			+6.6%

Senegal vs. Panama - Cost of housing

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pay 8.3% more for childcare

	Senegal	Panama
Private preschool for 1 child, monthly	$321.49 F CFA188K	$543.33 PAB543.33	+69.0%
Middle school for 1 child, two semesters	$10,398.32 F CFA6M	$7,213.83 PAB7,213.83	-30.6%
Average			+8.3%

Senegal vs. Panama - Cost of childcare

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pay 3.1% more for entertainment and sports

	Senegal	Panama
Domestic/local beer (1 pint)	$2.56 F CFA1,495	$2.21 PAB2.21	-13.7%
Cappuccino in mid-range area	$3.37 F CFA1,968	$3.73 PAB3.73	+10.6%
Pack of cigarettes Marlboro or similar	$2.13 F CFA1,246	$5.29 PAB5.29	+148.0%
Monthly membership at local gym	$44.81 F CFA26,161	$50.91 PAB50.91	+13.6%
Movie ticket to theater/cinema	$8.54 F CFA4,983	$6.13 PAB6.13	-28.1%
Average			+3.1%

Senegal vs. Panama - Cost of entertainment and sports

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pay 17.1% less for clothing

	Senegal	Panama
Regular jeans Levi's brand	$58.04 F CFA33,885	$45.56 PAB45.56	-21.5%
Regular dress from H&M or similar store	$45.52 F CFA26,576	$36.71 PAB36.71	-19.3%
Running shoes Nike or Adidas	$85.35 F CFA49,830	$69.81 PAB69.81	-18.2%
Men's business shoes (leather)	$96.73 F CFA56,474	$88.33 PAB88.33	-8.7%
Average			-17.1%

Senegal vs. Panama - 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: Senegal vs. Panama

Salary Calculator · Free tool

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Quality of Life Comparison · 25 statistics

Make 10.1 times more money in Panama

Size Comparison · See true size

Senegal is about 2.6 times bigger than Panama.

Moving from Senegal to Panama · Cost, visas & climate

Compare cost of living, salary and climate.

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