Cost of Living Comparison Between Portugal and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 1.9% higher than in Portugal (without rent) | |
| Cost of Living Including Rent in Panama is 1.6% lower than in Portugal | |
| Rent Prices in Panama are 9.7% lower than in Portugal | |
| Restaurant Prices in Panama are 12.3% higher than in Portugal | |
| Groceries Prices in Panama are 12.8% higher than in Portugal | |
| Local Purchasing Power in Panama is 27.7% lower than in Portugal | |
Restaurants | Portugal Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.0 € (10.88 $) |
9.19 € (10.0 $) |
-8.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
40.0 € (43.5 $) |
51.49 € (56.0 $) |
+28.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.0 € (8.7 $) |
7.36 € (8.0 $) |
-8.1 % |
| Domestic Beer (1 pint draught) |
2.5 € (2.72 $) |
1.84 € (2.0 $) |
-26.4 % |
| Imported Beer (12 oz small bottle) |
3.0 € (3.26 $) |
3.42 € (3.72 $) |
+14.1 % |
| Cappuccino (regular) |
1.78 € (1.94 $) |
3.24 € (3.53 $) |
+81.9 % |
| Coke/Pepsi (12 oz small bottle) |
1.64 € (1.78 $) |
1.51 € (1.64 $) |
-8.1 % |
| Water (12 oz small bottle) |
1.15 € (1.25 $) |
1.18 € (1.29 $) |
+3.2 % |
Markets | Portugal Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
3.54 € (3.85 $) |
6.07 € (6.61 $) |
+71.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.22 € (1.33 $) |
1.96 € (2.13 $) |
+59.7 % |
| Rice (white), (1 lb) |
0.63 € (0.68 $) |
0.96 € (1.04 $) |
+52.5 % |
| Eggs (regular) (12) |
2.72 € (2.96 $) |
2.37 € (2.57 $) |
-13.0 % |
| Local Cheese (1 lb) |
4.55 € (4.95 $) |
4.87 € (5.3 $) |
+7.1 % |
| Chicken Fillets (1 lb) |
3.08 € (3.35 $) |
3.03 € (3.3 $) |
-1.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.41 € (5.89 $) |
3.61 € (3.93 $) |
-33.3 % |
| Apples (1 lb) |
0.9 € (0.98 $) |
1.52 € (1.66 $) |
+69.0 % |
| Banana (1 lb) |
0.58 € (0.63 $) |
0.61 € (0.67 $) |
+6.5 % |
| Oranges (1 lb) |
0.73 € (0.79 $) |
1.15 € (1.25 $) |
+57.7 % |
| Tomato (1 lb) |
1.0 € (1.09 $) |
1.24 € (1.35 $) |
+24.7 % |
| Potato (1 lb) |
0.68 € (0.74 $) |
0.87 € (0.95 $) |
+28.0 % |
| Onion (1 lb) |
0.8 € (0.87 $) |
0.98 € (1.06 $) |
+22.7 % |
| Lettuce (1 head) |
1.36 € (1.48 $) |
1.85 € (2.01 $) |
+35.9 % |
| Water (1.5 liter bottle) |
0.67 € (0.73 $) |
1.37 € (1.49 $) |
+102.6 % |
| Bottle of Wine (Mid-Range) |
4.99 € (5.43 $) |
8.28 € (9.0 $) |
+65.8 % |
| Domestic Beer (0.5 liter bottle) |
1.13 € (1.22 $) |
1.05 € (1.14 $) |
-6.7 % |
| Imported Beer (12 oz small bottle) |
2.17 € (2.36 $) |
1.81 € (1.97 $) |
-16.3 % |
| Cigarettes 20 Pack (Marlboro) |
5.5 € (5.98 $) |
5.06 € (5.5 $) |
-8.1 % |
Transportation | Portugal Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
1.95 € (2.12 $) |
0.46 € (0.5 $) |
-76.4 % |
| Monthly Pass (Regular Price) |
40.0 € (43.5 $) |
22.99 € (25.0 $) |
-42.5 % |
| Taxi Start (Normal Tariff) |
3.5 € (3.81 $) |
1.84 € (2.0 $) |
-47.5 % |
| Taxi 1 mile (Normal Tariff) |
1.29 € (1.4 $) |
2.96 € (3.22 $) |
+129.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
15.0 € (16.31 $) |
19.31 € (21.0 $) |
+28.7 % |
| Gasoline (1 gallon) |
6.38 € (6.94 $) |
3.38 € (3.67 $) |
-47.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.0 € (32,627.53 $) |
18,389.38 € (20,000.0 $) |
-38.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,010.75 € (36,989.56 $) |
19,998.45 € (21,750.0 $) |
-41.2 % |
Utilities (Monthly) | Portugal Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
115.06 € (125.14 $) |
93.93 € (102.16 $) |
-18.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
18.93 € (20.59 $) |
27.22 € (29.6 $) |
+43.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.75 € (41.05 $) |
44.58 € (48.49 $) |
+18.1 % |
Sports And Leisure | Portugal Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
37.26 € (40.52 $) |
51.25 € (55.74 $) |
+37.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.42 € (13.51 $) |
30.14 € (32.78 $) |
+142.6 % |
| Cinema, International Release, 1 Seat |
7.5 € (8.16 $) |
6.44 € (7.0 $) |
-14.2 % |
Childcare | Portugal Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
437.75 € (476.09 $) |
366.06 € (398.12 $) |
-16.4 % |
| International Primary School, Yearly for 1 Child |
9,939.58 € (10,810.13 $) |
7,488.62 € (8,144.5 $) |
-24.7 % |
Clothing And Shoes | Portugal Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
78.58 € (85.46 $) |
46.15 € (50.19 $) |
-41.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.98 € (36.96 $) |
34.1 € (37.08 $) |
+0.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
76.4 € (83.09 $) |
76.09 € (82.75 $) |
-0.4 % |
| 1 Pair of Men Leather Business Shoes |
89.59 € (97.44 $) |
96.16 € (104.58 $) |
+7.3 % |
Rent Per Month | Portugal Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
925.52 € (1,006.58 $) |
758.56 € (825.0 $) |
-18.0 % |
| Apartment (1 bedroom) Outside of Centre |
735.76 € (800.2 $) |
560.59 € (609.69 $) |
-23.8 % |
| Apartment (3 bedrooms) in City Centre |
1,632.07 € (1,775.01 $) |
1,652.7 € (1,797.45 $) |
+1.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,202.91 € (1,308.26 $) |
1,094.85 € (1,190.74 $) |
-9.0 % |
Buy Apartment Price | Portugal Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
322.72 € (350.99 $) |
188.09 € (204.56 $) |
-41.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
218.99 € (238.17 $) |
132.0 € (143.56 $) |
-39.7 % |
Salaries And Financing | Portugal Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
1,037.11 € (1,127.94 $) |
737.64 € (802.25 $) |
-28.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.97 | 6.19 | +24.5 % |
| Last update: | November 2024 | November 2024 | |
| Contributors in the past 12 months: | 1420 | 148 |
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