Cost of Living Comparison Between Panama and United States

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City in Panama:
City in United States:

Indices Difference
Cost of Living in United States is 49.2% higher than in Panama (without rent)
Cost of Living Including Rent in United States is 58.0% higher than in Panama
Rent Prices in United States are 79.2% higher than in Panama
Restaurant Prices in United States are 68.2% higher than in Panama
Groceries Prices in United States are 47.1% higher than in Panama
Local Purchasing Power in United States is 232.3% higher than in Panama

Currency: Sticky Currency Switch to metric measurement units

Restaurants	Panama Edit	United States Edit	Difference
Meal, Inexpensive Restaurant	10.00 $	20.00 $	+100.0 %
Meal for 2 People, Mid-range Restaurant, Three-course	50.00 $	75.00 $	+50.0 %
McMeal at McDonalds (or Equivalent Combo Meal)	7.49 $	11.00 $	+46.9 %
Domestic Beer (1 pint draught)	2.00 $	6.00 $	+200.0 %
Imported Beer (12 oz small bottle)	3.50 $	7.00 $	+100.0 %
Cappuccino (regular)	3.47 $	5.22 $	+50.4 %
Coke/Pepsi (12 oz small bottle)	1.48 $	2.55 $	+72.8 %
Water (12 oz small bottle)	1.24 $	2.08 $	+68.1 %
Markets	Panama Edit	United States Edit
Milk (regular), (1 gallon)	6.86 $	4.00 $	-41.7 %
Loaf of Fresh White Bread (1 lb)	2.20 $	3.29 $	+49.7 %
Rice (white), (1 lb)	1.08 $	2.08 $	+93.2 %
Eggs (regular) (12)	2.68 $	4.16 $	+55.0 %
Local Cheese (1 lb)	5.31 $	5.88 $	+10.7 %
Chicken Fillets (1 lb)	3.26 $	5.51 $	+69.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	4.12 $	7.36 $	+78.9 %
Apples (1 lb)	1.76 $	2.39 $	+35.9 %
Banana (1 lb)	0.62 $	0.76 $	+23.5 %
Oranges (1 lb)	1.24 $	2.04 $	+63.7 %
Tomato (1 lb)	1.33 $	2.23 $	+67.1 %
Potato (1 lb)	0.95 $	1.33 $	+39.7 %
Onion (1 lb)	1.09 $	1.39 $	+27.7 %
Lettuce (1 head)	2.07 $	2.20 $	+6.3 %
Water (1.5 liter bottle)	1.60 $	2.22 $	+38.8 %
Bottle of Wine (Mid-Range)	10.00 $	15.00 $	+50.0 %
Domestic Beer (0.5 liter bottle)	1.20 $	1.94 $	+61.5 %
Imported Beer (12 oz small bottle)	2.24 $	3.59 $	+60.3 %
Cigarettes 20 Pack (Marlboro)	5.85 $	10.00 $	+70.9 %
Transportation	Panama Edit	United States Edit
One-way Ticket (Local Transport)	0.60 $	2.50 $	+316.7 %
Monthly Pass (Regular Price)	25.00 $	65.00 $	+160.0 %
Taxi Start (Normal Tariff)	2.25 $	3.75 $	+66.7 %
Taxi 1 mile (Normal Tariff)	3.22 $	2.80 $	-13.0 %
Taxi 1hour Waiting (Normal Tariff)	21.00 $	30.00 $	+42.9 %
Gasoline (1 gallon)	3.51 $	3.51 $	+0.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	20,000.00 $	30,000.00 $	+50.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	21,464.58 $	25,965.89 $	+21.0 %
Utilities (Monthly)	Panama Edit	United States Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	109.00 $	207.91 $	+90.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data	29.47 $	57.21 $	+94.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	48.85 $	71.49 $	+46.4 %
Sports And Leisure	Panama Edit	United States Edit
Fitness Club, Monthly Fee for 1 Adult	52.40 $	46.57 $	-11.1 %
Tennis Court Rent (1 Hour on Weekend)	37.50 $	21.82 $	-41.8 %
Cinema, International Release, 1 Seat	7.00 $	14.19 $	+102.7 %
Childcare	Panama Edit	United States Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	446.67 $	1,375.88 $	+208.0 %
International Primary School, Yearly for 1 Child	10,425.00 $	22,628.80 $	+117.1 %
Clothing And Shoes	Panama Edit	United States Edit
1 Pair of Jeans (Levis 501 Or Similar)	48.27 $	52.03 $	+7.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...)	41.15 $	42.61 $	+3.5 %
1 Pair of Nike Running Shoes (Mid-Range)	83.67 $	89.52 $	+7.0 %
1 Pair of Men Leather Business Shoes	110.45 $	113.27 $	+2.5 %
Rent Per Month	Panama Edit	United States Edit
Apartment (1 bedroom) in City Centre	922.79 $	1,745.26 $	+89.1 %
Apartment (1 bedroom) Outside of Centre	714.14 $	1,438.70 $	+101.5 %
Apartment (3 bedrooms) in City Centre	1,753.74 $	2,912.04 $	+66.0 %
Apartment (3 bedrooms) Outside of Centre	1,350.00 $	2,400.30 $	+77.8 %
Buy Apartment Price	Panama Edit	United States Edit
Price per Square Feet to Buy Apartment in City Centre	206.28 $	301.03 $	+45.9 %
Price per Square Feet to Buy Apartment Outside of Centre	143.56 $	252.05 $	+75.6 %
Salaries And Financing	Panama Edit	United States Edit
Average Monthly Net Salary (After Tax)	826.28 $	4,338.12 $	+425.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.30	6.57	+4.4 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	90	10391