Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Panama

Name: Panama
Address: PA

For one person, living is cheaper in Da Nang: $844 a month against $1,604 in Panama, rent and utilities included – about $9,100 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
77

Cost of Living Index in Panama
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Panama Living Index

Jump to prices

Da Nang

🇻🇳 Vietnam

$844

/mo nomad

🇵🇦 Panama

$1,604

/mo nomad

🙂 Solo nomad: Da Nang is 42.5% cheaper than Panama without rent, and 47.4% cheaper with rent.

🙂 Family of 3: Da Nang is 44.9% cheaper than Panama without rent, and 41.6% cheaper with rent.

Meal at Budget Restaurant

$2.27 ₫58.7K

$7.86 PAB 7.86

-71.12%

Three-Course Dinner for Two, Mid-Range

$19.51 ₫504.8K

$44.75 PAB 44.75

-56.40%

Fast Food Meal (McDonalds, etc)

$4.62 ₫119.6K

$7.89 PAB 7.89

-41.44%

Cappuccino

$1.73 ₫44.8K

$3.84 PAB 3.84

-54.95%

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

$0.65 ₫16.9K

$1.59 PAB 1.59

-59.12%

Water (0.33 liter bottle)

$0.32 ₫8,179

$1.41 PAB 1.41

-77.30%

Local Beer (0.5 liter draught)

$1.37 ₫35.5K

$2.19 PAB 2.19

-37.44%

Imported Beer (0.33 liter bottle)

$2.25 ₫58.2K

$4.04 PAB 4.04

-44.31%

Milk (1 liter)

$1.58 ₫41.0K

$1.85 PAB 1.85

-14.59%

White Bread (500g)

$1.27 ₫32.8K

$2.32 PAB 2.32

-45.26%

Rice (white) (1kg)

$1.04 ₫26.9K

$2.99 PAB 2.99

-65.22%

Eggs

$1.50 ₫38.8K

$2.48 PAB 2.48

-39.52%

Local Cheese (1kg)

$13.12 ₫339.5K

$12.28 PAB 12.28

6.84%

Chicken Fillets (1kg)

$4.17 ₫107.9K

$6.94 PAB 6.94

-39.91%

Beef Round Steak (1kg)

$9.26 ₫239.6K

$10.11 PAB 10.11

-8.41%

Apples (1kg)

$2.71 ₫70.2K

$4.18 PAB 4.18

-35.17%

Banana (1kg)

$1.14 ₫29.6K

$1.48 PAB 1.48

-22.97%

Oranges (1kg)

$1.33 ₫34.4K

$3.65 PAB 3.65

-63.56%

Tomato (1kg)

$1.53 ₫39.6K

$3.73 PAB 3.73

-58.98%

Potato (1kg)

$1.14 ₫29.5K

$2.50 PAB 2.50

-54.40%

Onion (1kg)

$1.31 ₫34.0K

$3.29 PAB 3.29

-60.18%

Lettuce (1 head)

$1.01 ₫26.1K

$2.34 PAB 2.34

-56.84%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$1.57 PAB 1.57

-68.79%

Cigarettes 20 Pack (Marlboro, Camel)

$1.55 ₫40.2K

$6.08 PAB 6.08

-74.51%

Wine (Bottle)

$7.80 ₫201.8K

$9.88 PAB 9.88

-21.05%

Local Beer (0.5 liter bottle)

$0.88 ₫22.8K

$1.39 PAB 1.39

-36.69%

Imported Beer (0.33 liter bottle)

$2.10 ₫54.3K

$2.42 PAB 2.42

-13.22%

One-way Ticket (Public Transport)

$0.31 ₫8,147

$0.43 PAB 0.43

-27.91%

Public Transport Monthly Pass (Regular Price)

$5.06 ₫130.9K

$20.96 PAB 20.96

-75.86%

Taxi Start (Normal Tariff)

$1.05 ₫27.1K

$2.43 PAB 2.43

-56.79%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.7K

$1.82 PAB 1.82

-68.68%

Taxi 1hour Waiting (Normal Tariff)

$19.44 ₫503.0K

$21.79 PAB 21.79

-10.78%

Gasoline (1 liter)

$0.89 ₫23.1K

$1.18 PAB 1.18

-24.58%

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

$30.2K ₫780.7M

$21.5K PAB 21.5K

40.37%

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

$27.9K ₫721.7M

$22.2K PAB 22.2K

25.66%

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

$78.0 ₫2.0M

$119 PAB 119

-34.46%

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

$6.34 ₫164.0K

$27.03 PAB 27.03

-76.54%

Internet (50+ Mbps, Unlimited Data)

$8.23 ₫213.0K

$47.70 PAB 47.70

-82.75%

Gym Membership (Monthly)

$22.58 ₫584.2K

$48.94 PAB 48.94

-53.86%

Tennis Court (1 Hour on Weekend)

$5.43 ₫140.5K

$30.16 PAB 30.16

-82.00%

Cinema Ticket

$3.13 ₫81.0K

$7.84 PAB 7.84

-60.08%

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

$161 ₫4.2M

$536 PAB 536

-70.03%

International Primary School, 1 Child (Yearly)

$14.7K ₫380.7M

$8,069 PAB 8,069

82.29%

Jeans (Levis 501 Or Similar)

$45.61 ₫1.2M

$53.5 PAB 53.5

-14.73%

Summer Dress (H&M, Zara, etc)

$27.84 ₫720.5K

$42.77 PAB 42.77

-34.91%

Sport Shoes (Adidas, Nike)

$102 ₫2.6M

$87.4 PAB 87.4

16.54%

Men's Leather Business Shoes

$81.1 ₫2.1M

$103 PAB 103

-21.58%

1-bedroom Apartment, City Center (Monthly)

$516 ₫13.4M

$944 PAB 944

-45.36%

1-bedroom Apartment, Outside City Center (Monthly)

$341 ₫8.8M

$697 PAB 697

-51.10%

3-bedroom Apartment, City Center (Monthly)

$1,047 ₫27.1M

$1,728 PAB 1,728

-39.41%

3-bedroom Apartment, Outside City Center (Monthly)

$783 ₫20.3M

$1,262 PAB 1,262

-38.01%

Buy Apartment in City Center (m2)

$3,790 ₫98.1M

$2,941 PAB 2,941

28.86%

Buy Apartment Outside City Center (m2)

$1,306 ₫33.8M

$1,673 PAB 1,673

-21.94%

Average Monthly Net Salary (After Tax)

$350 ₫9.1M

$826 PAB 826

-57.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

6.37

68.29%

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

Last update for Da Nang: 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

Da Nang

$341 39.8%

Panama

$697 44% 105% $356

Groceries & Markets

Da Nang

$200 23.4%

Panama

$302 19.1% 51% $102

Clothing & Footwear

Da Nang

$115 13.5%

Panama

$129 8.2% 12% $14

Monthly Utilities & Internet

Da Nang

$93 10.8%

Panama

$194 12.2% 109% $101

Eating Out

Da Nang

$68 8%

Panama

$164 10.3% 141% $96

Sport & Entertainment

Da Nang

$29 3.4%

Panama

$65 4.1% 124% $36

Getting Around

Da Nang

$10 1.2%

Panama

$34 2.2% 236% $24

Good to know

🇻🇳 Da Nang

🇵🇦 Panama

🕒 Local time

14:31 2:31 PM

02:31 2:31 AM

12 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

4,098,587

💱 Currency

Vietnamese Dong VND ₫

Panamanian Balboa PAB B/.

📈 Exchange rate

100,000 VND = 3.86 USD

100,000 VND = 3.45 EUR

1 PAB = 1 USD

1 PAB = 0.892 EUR

Exchange rates and currency converter

PAB, USD, EUR to VND – Vietnamese Dong Converter

🇺🇸 United States Dollar ($)

🇻🇳 Vietnamese Dong (₫)

Vietnamese Dong exchange rates as of October 10, 2026: 1 USD = 25,879 VND (100,000 VND = 3.86 USD). 1 EUR = 29,025 VND (100,000 VND = 3.45 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 VND in detail →

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