Cost of Living Comparison Between Germany and Panama Cost of Living Comparison Between Germany and Panama

Name: Panama
Address: PA

😐 Solo nomad: Germany is 40.3% more expensive than Panama without rent, and 39.5% more expensive with rent.

😐 Family of 3: Germany is 38.5% more expensive than Panama without rent, and 28.1% more expensive with rent.

Meal at Budget Restaurant

$17.58 €15.16

$9.89 PAB 9.89

77.76%

Three-Course Dinner for Two, Mid-Range

$75.0 €64.7

$50.8 PAB 50.8

47.75%

Fast Food Meal (McDonalds, etc)

$11.54 €9.95

$7.62 PAB 7.62

51.44%

Cappuccino

$4.10 €3.53

$3.60 PAB 3.60

13.89%

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

$3.40 €2.93

$1.47 PAB 1.47

131.29%

Water (0.33 liter bottle)

$3.03 €2.61

$1.29 PAB 1.29

134.88%

Local Beer (0.5 liter draught)

$5.26 €4.53

$2.22 PAB 2.22

136.94%

Imported Beer (0.33 liter bottle)

$4.59 €3.96

$3.73 PAB 3.73

23.06%

Milk (1 liter)

$1.25 €1.07

$1.80 PAB 1.80

-30.56%

White Bread (500g)

$2.29 €1.98

$2.48 PAB 2.48

-7.66%

Rice (white) (1kg)

$3.37 €2.90

$2.24 PAB 2.24

50.45%

Eggs

$3.79 €3.27

$2.60 PAB 2.60

45.77%

Local Cheese (1kg)

$14.54 €12.54

$11.37 PAB 11.37

27.88%

Chicken Fillets (1kg)

$14.28 €12.31

$7.20 PAB 7.20

98.33%

Beef Round Steak (1kg)

$19.99 €17.23

$9.52 PAB 9.52

109.98%

Apples (1kg)

$3.16 €2.72

$4.02 PAB 4.02

-21.39%

Banana (1kg)

$1.79 €1.54

$1.33 PAB 1.33

34.59%

Oranges (1kg)

$2.21 €1.91

$2.90 PAB 2.90

-23.79%

Tomato (1kg)

$4.73 €4.07

$3.04 PAB 3.04

55.59%

Potato (1kg)

$1.55 €1.33

$2.17 PAB 2.17

-28.57%

Onion (1kg)

$1.63 €1.41

$2.37 PAB 2.37

-31.22%

Lettuce (1 head)

$1.85 €1.59

$2.14 PAB 2.14

-13.55%

Water (1.5 liter bottle)

$1.07 €0.92

$1.63 PAB 1.63

-34.36%

Cigarettes 20 Pack (Marlboro, Camel)

$9.80 €8.45

$6.04 PAB 6.04

62.25%

Wine (Bottle)

$6.94 €5.98

$10.18 PAB 10.18

-31.83%

Local Beer (0.5 liter bottle)

$1.10 €0.95

$1.25 PAB 1.25

-12.00%

Imported Beer (0.33 liter bottle)

$1.62 €1.40

$2.30 PAB 2.30

-29.57%

One-way Ticket (Public Transport)

$3.68 €3.17

$0.52 PAB 0.52

607.69%

Public Transport Monthly Pass (Regular Price)

$66.7 €57.5

$25.15 PAB 25.15

165.29%

Taxi Start (Normal Tariff)

$5.69 €4.90

$2.05 PAB 2.05

177.56%

Taxi (Normal Tariff) (1km)

$2.28 €1.96

$1.95 PAB 1.95

16.92%

Taxi 1hour Waiting (Normal Tariff)

$38.16 €32.89

$20.88 PAB 20.88

82.76%

Gasoline (1 liter)

$1.98 €1.70

$0.96 PAB 0.96

106.25%

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

$31.8K €27.4K

$21.6K PAB 21.6K

47.40%

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

$37.4K €32.2K

$21.2K PAB 21.2K

76.55%

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

$354 €306

$107 PAB 107

230.96%

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

$27.69 €23.87

$28.96 PAB 28.96

-4.39%

Internet (50+ Mbps, Unlimited Data)

$51.4 €44.29

$47.54 PAB 47.54

8.08%

Gym Membership (Monthly)

$41.25 €35.55

$50.3 PAB 50.3

-18.06%

Tennis Court (1 Hour on Weekend)

$24.49 €21.11

$34.39 PAB 34.39

-28.79%

Cinema Ticket

$13.87 €11.96

$6.90 PAB 6.90

101.01%

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

$461 €397

$442 PAB 442

4.18%

International Primary School, 1 Child (Yearly)

$15.2K €13.1K

$11.3K PAB 11.3K

33.49%

Jeans (Levis 501 Or Similar)

$93.7 €80.8

$46.73 PAB 46.73

100.60%

Summer Dress (H&M, Zara, etc)

$43.43 €37.44

$41.09 PAB 41.09

5.69%

Sport Shoes (Adidas, Nike)

$100 €86.4

$83.8 PAB 83.8

19.67%

Men's Leather Business Shoes

$133 €115

$117 PAB 117

13.89%

1-bedroom Apartment, City Center (Monthly)

$1,038 €895

$948 PAB 948

9.57%

1-bedroom Apartment, Outside City Center (Monthly)

$773 €667

$705 PAB 705

9.67%

3-bedroom Apartment, City Center (Monthly)

$1,932 €1,665

$1,721 PAB 1,721

12.20%

3-bedroom Apartment, Outside City Center (Monthly)

$1,451 €1,251

$1,363 PAB 1,363

6.44%

Buy Apartment in City Center (m2)

$6,257 €5,393

$2,980 PAB 2,980

109.96%

Buy Apartment Outside City Center (m2)

$4,369 €3,766

$1,704 PAB 1,704

156.40%

Average Monthly Net Salary (After Tax)

$3,444 €2,969

$799 PAB 799

331.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.98

6.3

-36.83%

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

Last update for Germany: January 11, 2026

Last update for Panama: January 13, 2026

Digital Nomad Cost of Living Index

Cost of Living Comparison Between Germany and Panama Cost of Living Comparison Between Germany and Panama

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