Cost of living comparison
compared to
Panama vs. Turkey Cost of Living Summary
Panama is 47.3% more expensive than Turkey overall.
- Restaurants
-
pay 51.2% more in Panama
- Groceries
-
pay 2.4 times more in Panama
- Transportation
-
pay 20.8% more in Panama
- Housing
-
pay 2.2 times more in Panama
- Childcare
-
pay 18.8% less in Panama
- Entertainment and Sports
-
pay 30.0% more in Panama
- Clothing
-
pay 6.2% less in Panama
The cost of groceries, housing, restaurants, entertainment and sports, and transportation in Panama are more expensive than in Turkey. Expenses including childcare and clothing are lower in Panama. Notably, groceries and housing are significantly more expensive in Panama.
Panama vs. Turkey Cost Breakdown
If you lived in Panama instead of Turkey, you would:
pay 51.2% more for restaurants
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.27
TRY310.77
|
$8.35
PAB8.35
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.68
TRY328.09
|
$7.75
PAB7.75
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.18
TRY50.32
|
$1.37
PAB1.37
|
|
| Bottle of water (11 fl. oz) |
$0.44
TRY18.99
|
$1.21
PAB1.21
|
|
Turkey vs. Panama - Cost of restaurants
pay 2.4 times more for groceries
|
Turkey
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.67
TRY28.60
|
$2.21
PAB2.21
|
|
| Local cheese (8 oz) |
$4.49
TRY192.11
|
$6.02
PAB6.02
|
|
| Milk (1 gallon) |
$3.45
TRY147.59
|
$6.86
PAB6.86
|
|
|
Eggs
1 dozen
|
$1.94
TRY83.01
|
$2.47
PAB2.47
|
|
| Boneless chicken breast (1 lb) |
$2.46
TRY105.28
|
$3.58
PAB3.58
|
|
| Apples (1 lb) |
$0.62
TRY26.43
|
$2.13
PAB2.13
|
|
| Bananas (1 lb) |
$0.96
TRY40.84
|
$0.60
PAB0.60
|
|
| Oranges (1 lb) |
$0.53
TRY22.56
|
$1.40
PAB1.40
|
|
| Tomatoes (1 lb) |
$0.60
TRY25.48
|
$1.51
PAB1.51
|
|
| Potatoes (1 lb) |
$0.29
TRY12.46
|
$0.96
PAB0.96
|
|
| Onions (1 lb) |
$0.25
TRY10.57
|
$0.99
PAB0.99
|
|
Turkey vs. Panama - Cost of groceries
pay 20.8% more for transportation
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.58
TRY195.88
|
$3.87
PAB3.87
|
|
| Monthly public transit pass |
$29.01
TRY1,239.92
|
$23.75
PAB23.75
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$48,018.50
TRY2,052,584.36
|
$23,416.67
PAB23,416.67
|
|
| Taxi trip in downtown area (5 miles) |
$7.53
TRY322.00
|
$20.20
PAB20.20
|
|
Turkey vs. Panama - Cost of transportation
pay 2.2 times more for housing
|
Turkey
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$13.68
TRY584.63
|
$48.39
PAB48.39
|
|
| 1-Bedroom apartment in downtown area |
$515.16
TRY22,020.68
|
$765.94
PAB765.94
|
|
| 1-Bedroom apartment outside city center |
$348.65
TRY14,903.18
|
$630.77
PAB630.77
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$46.83
TRY2,001.80
|
$89.09
PAB89.09
|
|
Turkey vs. Panama - Cost of housing
pay 18.8% less for childcare
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$523.46
TRY22,375.76
|
$363.00
PAB363.00
|
|
| Middle school for 1 child, two semesters |
$10,105.64
TRY431,972.77
|
$9,411.11
PAB9,411.11
|
|
Turkey vs. Panama - Cost of childcare
pay 30.0% more for entertainment and sports
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.98
TRY127.24
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.92
TRY124.92
|
$3.54
PAB3.54
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.10
TRY89.88
|
$5.48
PAB5.48
|
|
| Monthly membership at local gym |
$52.68
TRY2,251.84
|
$51.47
PAB51.47
|
|
| Movie ticket to theater/cinema |
$5.69
TRY243.03
|
$5.97
PAB5.97
|
|
Turkey vs. Panama - Cost of entertainment and sports
pay 6.2% less for clothing
|
Turkey
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$46.89
TRY2,004.27
|
$43.33
PAB43.33
|
|
|
Regular dress
from H&M or similar store
|
$43.49
TRY1,859.06
|
$34.17
PAB34.17
|
|
|
Running shoes
Nike or Adidas
|
$101.73
TRY4,348.58
|
$80.40
PAB80.40
|
|
| Men's business shoes (leather) |
$84.94
TRY3,630.72
|
$106.46
PAB106.46
|
|
Turkey vs. Panama - Cost of clothing
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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