Last update: Oct 2026

Cost of Living Comparison Between Budapest and Panama

Name: Panama
Address: PA

For one person, living costs are similar in Budapest and in Panama: $1,621 and $1,604 a month, rent and utilities included.

79

Cost of Living Index in Budapest
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Budapest Living Index
77

Cost of Living Index in Panama
Learn more

Panama Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

🇵🇦 Panama

$1,604

/mo nomad

😐 Solo nomad: Budapest is 7.6% more expensive than Panama without rent, and 1.1% more expensive with rent.

😐 Family of 3: Budapest is 8.4% more expensive than Panama without rent, and 5.6% more expensive with rent.

Meal at Budget Restaurant

$13.99 Ft 4,551

$7.86 PAB 7.86

77.99%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$44.75 PAB 44.75

34.84%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

$7.89 PAB 7.89

26.24%

Cappuccino

$3.38 Ft 1,100

$3.84 PAB 3.84

-11.98%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.13 Ft 692

$1.59 PAB 1.59

33.96%

Water (0.33 liter bottle)

$1.87 Ft 608

$1.41 PAB 1.41

32.62%

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

$2.19 PAB 2.19

71.23%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

$4.04 PAB 4.04

-11.63%

Milk (1 liter)

$1.13 Ft 368

$1.85 PAB 1.85

-38.92%

White Bread (500g)

$1.84 Ft 599

$2.32 PAB 2.32

-20.69%

Rice (white) (1kg)

$2.39 Ft 777

$2.99 PAB 2.99

-20.07%

Eggs

$3.83 Ft 1,245

$2.48 PAB 2.48

54.44%

Local Cheese (1kg)

$11.33 Ft 3,686

$12.28 PAB 12.28

-7.74%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$6.94 PAB 6.94

-2.88%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$10.11 PAB 10.11

45.30%

Apples (1kg)

$1.84 Ft 597

$4.18 PAB 4.18

-55.98%

Banana (1kg)

$2.01 Ft 653

$1.48 PAB 1.48

35.81%

Oranges (1kg)

$2.36 Ft 767

$3.65 PAB 3.65

-35.34%

Tomato (1kg)

$3.77 Ft 1,226

$3.73 PAB 3.73

1.07%

Potato (1kg)

$0.96 Ft 313

$2.50 PAB 2.50

-61.60%

Onion (1kg)

$1.03 Ft 334

$3.29 PAB 3.29

-68.69%

Lettuce (1 head)

$1.56 Ft 509

$2.34 PAB 2.34

-33.33%

Water (1.5 liter bottle)

$0.66 Ft 216

$1.57 PAB 1.57

-57.96%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

$6.08 PAB 6.08

30.92%

Wine (Bottle)

$6.01 Ft 1,954

$9.88 PAB 9.88

-39.17%

Local Beer (0.5 liter bottle)

$1.30 Ft 421

$1.39 PAB 1.39

-6.47%

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

$2.42 PAB 2.42

-14.05%

One-way Ticket (Public Transport)

$1.50 Ft 489

$0.43 PAB 0.43

248.84%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

$20.96 PAB 20.96

31.73%

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

$2.43 PAB 2.43

35.80%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

$1.82 PAB 1.82

-28.57%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

$21.79 PAB 21.79

-9.22%

Gasoline (1 liter)

$1.81 Ft 591

$1.18 PAB 1.18

53.39%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.3K Ft 9.5M

$21.5K PAB 21.5K

36.46%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$34.1K Ft 11.1M

$22.2K PAB 22.2K

53.68%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$170 Ft 55.3K

$119 PAB 119

42.81%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$23.98 Ft 7,802

$27.03 PAB 27.03

-11.28%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$47.70 PAB 47.70

-50.90%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$48.94 PAB 48.94

35.35%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

$30.16 PAB 30.16

-36.41%

Cinema Ticket

$9.52 Ft 3,098

$7.84 PAB 7.84

21.43%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$537 Ft 174.6K

$536 PAB 536

0.20%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$8,069 PAB 8,069

105.79%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

$53.5 PAB 53.5

89.46%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$42.77 PAB 42.77

0.51%

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

$87.4 PAB 87.4

29.02%

Men's Leather Business Shoes

$119 Ft 38.6K

$103 PAB 103

14.88%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$944 PAB 944

-14.73%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$697 PAB 697

-9.67%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

$1,728 PAB 1,728

-10.32%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$1,262 PAB 1,262

-7.55%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$2,941 PAB 2,941

91.00%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$1,673 PAB 1,673

137.18%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

$826 PAB 826

96.94%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

6.37

0.94%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Budapest: October 5, 2026

Last update for Panama: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Budapest

$629 38.7%

Panama

$697 44% 10.7% $67

Groceries & Markets

Budapest

$258 15.8%

Panama

$302 19.1% 17.3% $45

Eating Out

Budapest

$224 13.8%

Panama

$164 10.3% 27% $61

Monthly Utilities & Internet

Budapest

$217 13.4%

Panama

$194 12.2% 10.9% $24

Clothing & Footwear

Budapest

$169 10.4%

Panama

$129 8.2% 23.6% $40

Sport & Entertainment

Budapest

$85 5.2%

Panama

$65 4.1% 24.2% $21

Getting Around

Budapest

$43 2.7%

Panama

$34 2.2% 21.2% $9.2

Good to know

🇭🇺 Budapest

🇵🇦 Panama

🕒 Local time

12:25 12:25 PM

05:25 5:25 AM

7 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

4,098,587

💱 Currency

Hungarian Forint HUF Ft

Panamanian Balboa PAB B/.

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

1 PAB = 1 USD

1 PAB = 0.892 EUR

Exchange rates and currency converter

PAB, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 325 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

USD to HUF in detail →

On the map

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Between locations

Budapest Panama 9,910 km ≈ 13 h nonstop flight

From you

Budapest
Panama

Distances are measured in a straight line. Your location is detected approximately.

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The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

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