Cost of Living Comparison Between Portugal and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 4.1% higher than in Portugal (without rent) | |
| Cost of Living Including Rent in Panama is 0.6% higher than in Portugal | |
| Rent Prices in Panama are 7.2% lower than in Portugal | |
| Restaurant Prices in Panama are 11.5% higher than in Portugal | |
| Groceries Prices in Panama are 16.8% higher than in Portugal | |
| Local Purchasing Power in Panama is 27.2% lower than in Portugal | |
Restaurants | Portugal Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 € (10.46 $) |
9.56 € (10.00 $) |
-4.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
45.00 € (47.09 $) |
52.56 € (55.00 $) |
+16.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 € (8.37 $) |
7.64 € (8.00 $) |
-4.4 % |
| Domestic Beer (1 pint draught) |
2.50 € (2.62 $) |
1.91 € (2.00 $) |
-23.6 % |
| Imported Beer (12 oz small bottle) |
3.00 € (3.14 $) |
3.69 € (3.86 $) |
+23.0 % |
| Cappuccino (regular) |
1.84 € (1.93 $) |
3.32 € (3.47 $) |
+80.3 % |
| Coke/Pepsi (12 oz small bottle) |
1.68 € (1.75 $) |
1.56 € (1.63 $) |
-7.0 % |
| Water (12 oz small bottle) |
1.16 € (1.22 $) |
1.23 € (1.29 $) |
+6.1 % |
Markets | Portugal Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
3.54 € (3.70 $) |
6.42 € (6.72 $) |
+81.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.23 € (1.29 $) |
2.05 € (2.14 $) |
+66.6 % |
| Rice (white), (1 lb) |
0.63 € (0.66 $) |
0.99 € (1.04 $) |
+57.9 % |
| Eggs (regular) (12) |
2.70 € (2.82 $) |
2.45 € (2.57 $) |
-9.0 % |
| Local Cheese (1 lb) |
4.58 € (4.80 $) |
5.15 € (5.39 $) |
+12.4 % |
| Chicken Fillets (1 lb) |
3.05 € (3.19 $) |
3.07 € (3.22 $) |
+0.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.47 € (5.72 $) |
3.70 € (3.87 $) |
-32.3 % |
| Apples (1 lb) |
0.90 € (0.94 $) |
1.56 € (1.64 $) |
+74.0 % |
| Banana (1 lb) |
0.58 € (0.60 $) |
0.60 € (0.63 $) |
+3.8 % |
| Oranges (1 lb) |
0.73 € (0.76 $) |
1.15 € (1.20 $) |
+58.7 % |
| Tomato (1 lb) |
1.00 € (1.05 $) |
1.28 € (1.34 $) |
+28.0 % |
| Potato (1 lb) |
0.67 € (0.70 $) |
0.90 € (0.94 $) |
+34.0 % |
| Onion (1 lb) |
0.79 € (0.83 $) |
0.99 € (1.04 $) |
+25.6 % |
| Lettuce (1 head) |
1.39 € (1.45 $) |
1.97 € (2.07 $) |
+42.4 % |
| Water (1.5 liter bottle) |
0.67 € (0.70 $) |
1.46 € (1.53 $) |
+119.5 % |
| Bottle of Wine (Mid-Range) |
4.99 € (5.22 $) |
8.60 € (9.00 $) |
+72.4 % |
| Domestic Beer (0.5 liter bottle) |
1.12 € (1.18 $) |
1.12 € (1.17 $) |
-0.1 % |
| Imported Beer (12 oz small bottle) |
2.14 € (2.24 $) |
1.94 € (2.03 $) |
-9.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.50 € (5.76 $) |
5.26 € (5.50 $) |
-4.4 % |
Transportation | Portugal Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
2.00 € (2.09 $) |
0.48 € (0.50 $) |
-76.1 % |
| Monthly Pass (Regular Price) |
40.00 € (41.86 $) |
23.89 € (25.00 $) |
-40.3 % |
| Taxi Start (Normal Tariff) |
3.50 € (3.66 $) |
1.91 € (2.00 $) |
-45.4 % |
| Taxi 1 mile (Normal Tariff) |
1.29 € (1.35 $) |
3.08 € (3.22 $) |
+138.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
15.00 € (15.70 $) |
21.02 € (22.00 $) |
+40.2 % |
| Gasoline (1 gallon) |
6.39 € (6.69 $) |
3.51 € (3.67 $) |
-45.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.00 € (31,394.05 $) |
19,111.90 € (20,000.00 $) |
-36.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
33,979.44 € (35,558.41 $) |
19,966.63 € (20,894.44 $) |
-41.2 % |
Utilities (Monthly) | Portugal Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
114.46 € (119.78 $) |
97.43 € (101.95 $) |
-14.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
19.00 € (19.89 $) |
28.36 € (29.68 $) |
+49.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.17 € (38.90 $) |
46.20 € (48.34 $) |
+24.3 % |
Sports And Leisure | Portugal Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
37.50 € (39.24 $) |
49.91 € (52.23 $) |
+33.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.32 € (13.94 $) |
31.85 € (33.33 $) |
+139.1 % |
| Cinema, International Release, 1 Seat |
7.50 € (7.85 $) |
6.69 € (7.00 $) |
-10.8 % |
Childcare | Portugal Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
444.25 € (464.89 $) |
380.45 € (398.12 $) |
-14.4 % |
| International Primary School, Yearly for 1 Child |
10,125.49 € (10,596.01 $) |
8,404.56 € (8,795.11 $) |
-17.0 % |
Clothing And Shoes | Portugal Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.87 € (84.62 $) |
47.39 € (49.59 $) |
-41.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.94 € (35.52 $) |
36.18 € (37.86 $) |
+6.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
78.00 € (81.62 $) |
77.23 € (80.82 $) |
-1.0 % |
| 1 Pair of Men Leather Business Shoes |
90.68 € (94.89 $) |
95.93 € (100.38 $) |
+5.8 % |
Rent Per Month | Portugal Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
939.78 € (983.45 $) |
800.65 € (837.86 $) |
-14.8 % |
| Apartment (1 bedroom) Outside of Centre |
744.96 € (779.58 $) |
593.07 € (620.62 $) |
-20.4 % |
| Apartment (3 bedrooms) in City Centre |
1,654.14 € (1,731.01 $) |
1,703.66 € (1,782.82 $) |
+3.0 % |
| Apartment (3 bedrooms) Outside of Centre |
1,218.11 € (1,274.71 $) |
1,129.65 € (1,182.14 $) |
-7.3 % |
Buy Apartment Price | Portugal Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
331.14 € (346.52 $) |
195.48 € (204.56 $) |
-41.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
224.20 € (234.61 $) |
137.19 € (143.56 $) |
-38.8 % |
Salaries And Financing | Portugal Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
1,053.55 € (1,102.50 $) |
771.98 € (807.86 $) |
-26.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.93 | 6.19 | +25.7 % |
| Last update: | November 2024 | November 2024 | |
| Contributors in the past 12 months: | 1525 | 156 |
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