Cost of living comparison

compared to

Panama City vs. Taipei Cost of Living Summary

Panama City is 16.8% more expensive than Taipei.

Restaurants: pay 56.6% more in Panama City
Groceries: pay 14.2% less in Panama City
Transportation: pay 21.2% more in Panama City
Housing: pay 64.8% more in Panama City
Childcare: pay 18.1% less in Panama City
Entertainment and Sports: pay 3.1% more in Panama City
Clothing: pay 4.2% more in Panama City

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

Panama City vs. Taipei Cost Breakdown

If you lived in Panama City instead of Taipei, you would:

Display currency: USD

pay 56.6% more for restaurants

	Taipei	Panama City
Basic meal with drink at inexpensive restaurant	$6.55 NT$205.75	$10.00 PAB10.00	+52.6%
Fast food combo meal McDonalds, or similar	$5.55 NT$174.37	$8.00 PAB8.00	+44.0%
Bottle of Coca-Cola (11 fl. oz)	$1.14 NT$35.93	$1.70 PAB1.70	+48.4%
Bottle of water (11 fl. oz)	$0.74 NT$23.11	$1.33 PAB1.33	+81.3%
Average			+56.6%

Taipei vs. Panama City - Cost of restaurants

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pay 14.2% less for groceries

	Taipei	Panama City
Bread 1 loaf	$1.87 NT$58.85	$2.56 PAB2.56	+36.5%
Local cheese (8 oz)	$9.47 NT$297.19	$5.81 PAB5.81	-38.6%
Milk (1 gallon)	$11.91 NT$373.86	$6.82 PAB6.82	-42.7%
Eggs 1 dozen	$2.64 NT$83.01	$2.84 PAB2.84	+7.6%
Boneless chicken breast (1 lb)	$4.42 NT$138.63	$3.29 PAB3.29	-25.4%
Apples (1 lb)	$2.29 NT$72.00	$1.65 PAB1.65	-28.2%
Bananas (1 lb)	$1.37 NT$43.14	$0.70 PAB0.70	-48.8%
Oranges (1 lb)	$1.37 NT$43.01	$1.40 PAB1.40	+2.1%
Tomatoes (1 lb)	$1.92 NT$60.42	$1.46 PAB1.46	-24.1%
Potatoes (1 lb)	$1.29 NT$40.40	$1.00 PAB1.00	-22.6%
Onions (1 lb)	$1.07 NT$33.62	$1.37 PAB1.37	+27.5%
Average			-14.2%

Taipei vs. Panama City - Cost of groceries

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pay 21.2% more for transportation

	Taipei	Panama City
Gasoline (1 gallon)	$3.83 NT$120.24	$3.44 PAB3.44	-10.2%
Monthly public transit pass	$39.32 NT$1,234.48	$22.50 PAB22.50	-42.8%
New Volkswagen Golf 1.4 (standard edition)	$36,375.55 NT$1,141,897.65	$19,750.00 PAB19,750.00	-45.7%
Taxi trip in downtown area (5 miles)	$9.34 NT$293.19	$26.50 PAB26.50	+183.7%
Average			+21.2%

Taipei vs. Panama City - Cost of transportation

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pay 64.8% more for housing

	Taipei	Panama City
Internet connection 50 mbps or faster, cable/dsl	$25.93 NT$813.86	$49.20 PAB49.20	+89.8%
1-Bedroom apartment in downtown area	$792.21 NT$24,868.95	$1,164.71 PAB1,164.71	+47.0%
1-Bedroom apartment outside city center	$568.06 NT$17,832.60	$953.85 PAB953.85	+67.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$62.05 NT$1,947.76	$95.90 PAB95.90	+54.6%
Average			+64.8%

Taipei vs. Panama City - Cost of housing

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pay 18.1% less for childcare

	Taipei	Panama City
Private preschool for 1 child, monthly	$628.11 NT$19,717.45	$476.00 PAB476.00	-24.2%
Middle school for 1 child, two semesters	$17,860.07 NT$560,661.46	$15,733.33 PAB15,733.33	-11.9%
Average			-18.1%

Taipei vs. Panama City - Cost of childcare

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pay 3.1% more for entertainment and sports

	Taipei	Panama City
Domestic/local beer (1 pint)	$3.24 NT$101.84	$3.00 PAB3.00	-7.5%
Cappuccino in mid-range area	$3.80 NT$119.18	$3.61 PAB3.61	-4.9%
Pack of cigarettes Marlboro or similar	$3.93 NT$123.45	$5.92 PAB5.92	+50.7%
Monthly membership at local gym	$42.01 NT$1,318.63	$43.86 PAB43.86	+4.4%
Movie ticket to theater/cinema	$10.98 NT$344.63	$8.00 PAB8.00	-27.1%
Average			+3.1%

Taipei vs. Panama City - Cost of entertainment and sports

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pay 4.2% more for clothing

	Taipei	Panama City
Regular jeans Levi's brand	$66.48 NT$2,086.91	$50.00 PAB50.00	-24.8%
Regular dress from H&M or similar store	$36.29 NT$1,139.22	$47.50 PAB47.50	+30.9%
Running shoes Nike or Adidas	$88.45 NT$2,776.65	$89.55 PAB89.55	+1.2%
Men's business shoes (leather)	$115.72 NT$3,632.67	$126.88 PAB126.88	+9.6%
Average			+4.2%

Taipei vs. Panama City - 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 2025

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