Cost of Living Comparison Between Portugal and Panama 
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| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 0.1% higher than in Portugal (excluding rent) | |
| Cost of Living Including Rent in Panama is 0.2% lower than in Portugal | |
| Rent Prices in Panama are 0.8% lower than in Portugal | |
| Restaurant Prices in Panama are 1.5% higher than in Portugal | |
| Groceries Prices in Panama are 15.0% higher than in Portugal | |
| Local Purchasing Power in Panama is 28.4% lower than in Portugal | |
Restaurants | Portugal Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 € (10.91 $) |
9.17 € (10.00 $) |
-8.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
45.00 € (49.08 $) |
45.84 € (50.00 $) |
+1.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 € (8.73 $) |
6.87 € (7.49 $) |
-14.2 % |
| Domestic Beer (1 pint draught) |
2.50 € (2.73 $) |
1.83 € (2.00 $) |
-26.7 % |
| Imported Beer (12 oz small bottle) |
3.00 € (3.27 $) |
3.21 € (3.50 $) |
+7.0 % |
| Cappuccino (regular) |
1.88 € (2.05 $) |
3.18 € (3.47 $) |
+69.2 % |
| Coke/Pepsi (12 oz small bottle) |
1.72 € (1.88 $) |
1.36 € (1.48 $) |
-21.3 % |
| Water (12 oz small bottle) |
1.21 € (1.32 $) |
1.12 € (1.22 $) |
-7.2 % |
Markets | Portugal Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
3.56 € (3.88 $) |
6.28 € (6.85 $) |
+76.7 % |
| Loaf of Fresh White Bread (1 lb) |
1.25 € (1.37 $) |
2.03 € (2.21 $) |
+62.0 % |
| Rice (white), (1 lb) |
0.64 € (0.70 $) |
0.96 € (1.04 $) |
+48.6 % |
| Eggs (regular) (12) |
2.67 € (2.92 $) |
2.45 € (2.67 $) |
-8.5 % |
| Local Cheese (1 lb) |
4.70 € (5.12 $) |
4.87 € (5.31 $) |
+3.6 % |
| Chicken Fillets (1 lb) |
3.02 € (3.29 $) |
3.02 € (3.29 $) |
+0.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.67 € (6.19 $) |
3.74 € (4.08 $) |
-34.1 % |
| Apples (1 lb) |
0.88 € (0.96 $) |
1.68 € (1.83 $) |
+89.9 % |
| Banana (1 lb) |
0.58 € (0.63 $) |
0.55 € (0.60 $) |
-4.7 % |
| Oranges (1 lb) |
0.73 € (0.79 $) |
1.17 € (1.27 $) |
+60.6 % |
| Tomato (1 lb) |
0.99 € (1.08 $) |
1.22 € (1.33 $) |
+22.7 % |
| Potato (1 lb) |
0.67 € (0.73 $) |
0.87 € (0.95 $) |
+31.1 % |
| Onion (1 lb) |
0.79 € (0.86 $) |
0.96 € (1.05 $) |
+21.5 % |
| Lettuce (1 head) |
1.36 € (1.48 $) |
1.90 € (2.08 $) |
+40.3 % |
| Water (1.5 liter bottle) |
0.69 € (0.75 $) |
1.43 € (1.56 $) |
+107.1 % |
| Bottle of Wine (Mid-Range) |
4.99 € (5.44 $) |
9.17 € (10.00 $) |
+83.7 % |
| Domestic Beer (0.5 liter bottle) |
1.12 € (1.22 $) |
1.10 € (1.20 $) |
-1.8 % |
| Imported Beer (12 oz small bottle) |
2.20 € (2.39 $) |
1.97 € (2.15 $) |
-10.3 % |
| Cigarettes 20 Pack (Marlboro) |
5.50 € (6.00 $) |
5.43 € (5.92 $) |
-1.2 % |
Transportation | Portugal Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
2.00 € (2.18 $) |
0.50 € (0.55 $) |
-74.8 % |
| Monthly Pass (Regular Price) |
40.00 € (43.63 $) |
22.92 € (25.00 $) |
-42.7 % |
| Taxi Start (Normal Tariff) |
3.50 € (3.82 $) |
2.06 € (2.25 $) |
-41.1 % |
| Taxi 1 mile (Normal Tariff) |
1.59 € (1.74 $) |
2.95 € (3.22 $) |
+85.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
15.00 € (16.36 $) |
19.25 € (21.00 $) |
+28.4 % |
| Gasoline (1 gallon) |
6.45 € (7.04 $) |
3.22 € (3.51 $) |
-50.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.00 € (32,721.55 $) |
18,336.54 € (20,000.00 $) |
-38.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,056.37 € (37,145.90 $) |
19,679.31 € (21,464.58 $) |
-42.2 % |
Utilities (Monthly) | Portugal Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
114.64 € (125.04 $) |
99.94 € (109.00 $) |
-12.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
18.88 € (20.59 $) |
27.02 € (29.47 $) |
+43.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.23 € (40.61 $) |
44.74 € (48.80 $) |
+20.2 % |
Sports And Leisure | Portugal Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
38.32 € (41.79 $) |
48.05 € (52.40 $) |
+25.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.01 € (15.28 $) |
34.38 € (37.50 $) |
+145.5 % |
| Cinema, International Release, 1 Seat |
7.50 € (8.18 $) |
6.42 € (7.00 $) |
-14.4 % |
Childcare | Portugal Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
438.52 € (478.30 $) |
409.52 € (446.67 $) |
-6.6 % |
| International Primary School, Yearly for 1 Child |
10,329.13 € (11,266.17 $) |
9,557.92 € (10,425.00 $) |
-7.5 % |
Clothing And Shoes | Portugal Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.62 € (86.85 $) |
44.25 € (48.27 $) |
-44.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.59 € (36.64 $) |
37.73 € (41.15 $) |
+12.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
77.48 € (84.51 $) |
76.71 € (83.67 $) |
-1.0 % |
| 1 Pair of Men Leather Business Shoes |
92.00 € (100.35 $) |
101.27 € (110.45 $) |
+10.1 % |
Rent Per Month | Portugal Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
925.10 € (1,009.02 $) |
843.90 € (920.45 $) |
-8.8 % |
| Apartment (1 bedroom) Outside of Centre |
733.79 € (800.36 $) |
640.51 € (698.62 $) |
-12.7 % |
| Apartment (3 bedrooms) in City Centre |
1,584.43 € (1,728.16 $) |
1,655.36 € (1,805.53 $) |
+4.5 % |
| Apartment (3 bedrooms) Outside of Centre |
1,171.88 € (1,278.19 $) |
1,239.48 € (1,351.92 $) |
+5.8 % |
Buy Apartment Price | Portugal Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
341.12 € (372.06 $) |
184.19 € (200.90 $) |
-46.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
247.25 € (269.68 $) |
131.62 € (143.56 $) |
-46.8 % |
Salaries And Financing | Portugal Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
1,060.31 € (1,156.50 $) |
757.56 € (826.28 $) |
-28.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.76 | 6.30 | +32.3 % |
| Last update: | April 2025 | March 2025 | |
| Contributors in the past 12 months: | 999 | 90 |
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