Cost of Living Comparison Between United States and Panama

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City in United States:
City in Panama:

Indices Difference
Cost of Living in Panama is 33.0% lower than in United States (without rent)
Cost of Living Including Rent in Panama is 36.7% lower than in United States
Rent Prices in Panama are 44.2% lower than in United States
Restaurant Prices in Panama are 40.5% lower than in United States
Groceries Prices in Panama are 32.0% lower than in United States
Local Purchasing Power in Panama is 69.9% lower than in United States

Currency: Sticky Currency Switch to metric measurement units

Restaurants	United States Edit	Panama Edit	Difference
Meal, Inexpensive Restaurant	20.00 $	10.00 $	-50.0 %
Meal for 2 People, Mid-range Restaurant, Three-course	75.00 $	50.00 $	-33.3 %
McMeal at McDonalds (or Equivalent Combo Meal)	11.00 $	7.49 $	-31.9 %
Domestic Beer (1 pint draught)	6.00 $	2.00 $	-66.7 %
Imported Beer (12 oz small bottle)	7.00 $	3.50 $	-50.0 %
Cappuccino (regular)	5.22 $	3.47 $	-33.5 %
Coke/Pepsi (12 oz small bottle)	2.55 $	1.48 $	-42.1 %
Water (12 oz small bottle)	2.08 $	1.24 $	-40.5 %
Markets	United States Edit	Panama Edit
Milk (regular), (1 gallon)	4.00 $	6.86 $	+71.6 %
Loaf of Fresh White Bread (1 lb)	3.29 $	2.20 $	-33.2 %
Rice (white), (1 lb)	2.08 $	1.08 $	-48.2 %
Eggs (regular) (12)	4.16 $	2.68 $	-35.5 %
Local Cheese (1 lb)	5.88 $	5.31 $	-9.7 %
Chicken Fillets (1 lb)	5.51 $	3.26 $	-40.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	7.36 $	4.12 $	-44.1 %
Apples (1 lb)	2.39 $	1.76 $	-26.4 %
Banana (1 lb)	0.76 $	0.62 $	-19.1 %
Oranges (1 lb)	2.04 $	1.24 $	-38.9 %
Tomato (1 lb)	2.23 $	1.33 $	-40.2 %
Potato (1 lb)	1.33 $	0.95 $	-28.4 %
Onion (1 lb)	1.39 $	1.09 $	-21.7 %
Lettuce (1 head)	2.20 $	2.07 $	-5.9 %
Water (1.5 liter bottle)	2.22 $	1.60 $	-28.0 %
Bottle of Wine (Mid-Range)	15.00 $	10.00 $	-33.3 %
Domestic Beer (0.5 liter bottle)	1.94 $	1.20 $	-38.1 %
Imported Beer (12 oz small bottle)	3.59 $	2.24 $	-37.6 %
Cigarettes 20 Pack (Marlboro)	10.00 $	5.85 $	-41.5 %
Transportation	United States Edit	Panama Edit
One-way Ticket (Local Transport)	2.50 $	0.60 $	-76.0 %
Monthly Pass (Regular Price)	65.00 $	25.00 $	-61.5 %
Taxi Start (Normal Tariff)	3.75 $	2.25 $	-40.0 %
Taxi 1 mile (Normal Tariff)	2.80 $	3.22 $	+15.0 %
Taxi 1hour Waiting (Normal Tariff)	30.00 $	21.00 $	-30.0 %
Gasoline (1 gallon)	3.52 $	3.51 $	-0.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	30,000.00 $	20,000.00 $	-33.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	25,964.49 $	21,464.58 $	-17.3 %
Utilities (Monthly)	United States Edit	Panama Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	207.95 $	109.00 $	-47.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data	57.21 $	29.47 $	-48.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	71.50 $	48.85 $	-31.7 %
Sports And Leisure	United States Edit	Panama Edit
Fitness Club, Monthly Fee for 1 Adult	46.57 $	52.40 $	+12.5 %
Tennis Court Rent (1 Hour on Weekend)	21.82 $	37.50 $	+71.9 %
Cinema, International Release, 1 Seat	14.22 $	7.00 $	-50.8 %
Childcare	United States Edit	Panama Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	1,375.88 $	446.67 $	-67.5 %
International Primary School, Yearly for 1 Child	22,628.80 $	10,425.00 $	-53.9 %
Clothing And Shoes	United States Edit	Panama Edit
1 Pair of Jeans (Levis 501 Or Similar)	52.03 $	48.27 $	-7.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...)	42.62 $	41.15 $	-3.4 %
1 Pair of Nike Running Shoes (Mid-Range)	89.53 $	83.67 $	-6.5 %
1 Pair of Men Leather Business Shoes	113.28 $	110.45 $	-2.5 %
Rent Per Month	United States Edit	Panama Edit
Apartment (1 bedroom) in City Centre	1,746.00 $	922.79 $	-47.1 %
Apartment (1 bedroom) Outside of Centre	1,439.22 $	714.14 $	-50.4 %
Apartment (3 bedrooms) in City Centre	2,913.51 $	1,753.74 $	-39.8 %
Apartment (3 bedrooms) Outside of Centre	2,401.07 $	1,350.00 $	-43.8 %
Buy Apartment Price	United States Edit	Panama Edit
Price per Square Feet to Buy Apartment in City Centre	301.23 $	206.28 $	-31.5 %
Price per Square Feet to Buy Apartment Outside of Centre	252.04 $	143.56 $	-43.0 %
Salaries And Financing	United States Edit	Panama Edit
Average Monthly Net Salary (After Tax)	4,338.12 $	826.28 $	-81.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.57	6.30	-4.2 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	10401	90