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Cost of Living Comparison Between India and Panama Cost of Living Comparison Between India and Panama

🙂 Solo nomad: India is 61.1% cheaper than Panama without rent, and 72% cheaper with rent.
🙂 Family of 3: India is 63.8% cheaper than Panama without rent, and 70.6% cheaper with rent.
Currency
🍽 Eating Out
India
Panama
Difference
Meal at Budget Restaurant
$2.54 ₹230
$9.89 PAB 9.89
-74.32%
Three-Course Dinner for Two, Mid-Range
$13.78 ₹1,251
$50.8 PAB 50.8
-72.87%
Fast Food Meal (McDonalds, etc)
$4.14 ₹375
$7.62 PAB 7.62
-45.67%
Cappuccino
$1.81 ₹164
$3.60 PAB 3.60
-49.72%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.41 ₹36.98
$1.47 PAB 1.47
-72.11%
Water (0.33 liter bottle)
$0.15 ₹13.69
$1.29 PAB 1.29
-88.37%
Local Beer (0.5 liter draught)
$1.93 ₹175
$2.22 PAB 2.22
-13.06%
Imported Beer (0.33 liter bottle)
$3.59 ₹326
$3.73 PAB 3.73
-3.75%
🛒 Groceries & Markets
India
Panama
Difference
Milk (1 liter)
$0.73 ₹65.9
$1.80 PAB 1.80
-59.44%
White Bread (500g)
$0.51 ₹46.62
$2.48 PAB 2.48
-79.44%
Rice (white) (1kg)
$0.72 ₹65.1
$2.24 PAB 2.24
-67.86%
Eggs
$1.00 ₹90.5
$2.60 PAB 2.60
-61.54%
Local Cheese (1kg)
$5.17 ₹469
$11.37 PAB 11.37
-54.53%
Chicken Fillets (1kg)
$3.16 ₹287
$7.20 PAB 7.20
-56.11%
Beef Round Steak (1kg)
-
$9.52 PAB 9.52
-
Apples (1kg)
$2.10 ₹191
$4.02 PAB 4.02
-47.76%
Banana (1kg)
$0.72 ₹65.3
$1.33 PAB 1.33
-45.86%
Oranges (1kg)
$1.08 ₹98.3
$2.90 PAB 2.90
-62.76%
Tomato (1kg)
$0.56 ₹51.1
$3.04 PAB 3.04
-81.58%
Potato (1kg)
$0.43 ₹38.99
$2.17 PAB 2.17
-80.18%
Onion (1kg)
$0.49 ₹44.46
$2.37 PAB 2.37
-79.32%
Lettuce (1 head)
$0.50 ₹45.73
$2.14 PAB 2.14
-76.64%
Water (1.5 liter bottle)
$0.33 ₹29.84
$1.63 PAB 1.63
-79.75%
Cigarettes 20 Pack (Marlboro, Camel)
$4.18 ₹380
$6.04 PAB 6.04
-30.79%
Wine (Bottle)
$8.00 ₹726
$10.18 PAB 10.18
-21.41%
Local Beer (0.5 liter bottle)
$1.89 ₹172
$1.25 PAB 1.25
51.20%
Imported Beer (0.33 liter bottle)
$3.06 ₹278
$2.30 PAB 2.30
33.04%
Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)
$5.61 ₹509
-
-
🚌 Getting Around
India
Panama
Difference
One-way Ticket (Public Transport)
$0.37 ₹33.33
$0.52 PAB 0.52
-28.85%
Public Transport Monthly Pass (Regular Price)
$9.71 ₹881
$25.15 PAB 25.15
-61.39%
Taxi Start (Normal Tariff)
$0.91 ₹82.8
$2.05 PAB 2.05
-55.61%
Taxi (Normal Tariff) (1km)
$0.28 ₹25.17
$1.95 PAB 1.95
-85.64%
Taxi 1hour Waiting (Normal Tariff)
$1.73 ₹157
$20.88 PAB 20.88
-91.71%
Gasoline (1 liter)
$1.18 ₹107
$0.96 PAB 0.96
22.92%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$13.9K ₹1.3M
$21.6K PAB 21.6K
-35.50%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.2K ₹2.0M
$21.2K PAB 21.2K
4.94%
🧾 Monthly Utilities & Internet
India
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$40.51 ₹3,676
$107 PAB 107
-62.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$3.89 ₹353
$28.96 PAB 28.96
-86.57%
Internet (50+ Mbps, Unlimited Data)
$7.79 ₹707
$47.54 PAB 47.54
-83.61%
🎉 Sport & Entertainment
India
Panama
Difference
Gym Membership (Monthly)
$16.34 ₹1,482
$50.3 PAB 50.3
-67.54%
Tennis Court (1 Hour on Weekend)
$7.62 ₹691
$34.39 PAB 34.39
-77.84%
Cinema Ticket
$3.51 ₹319
$6.90 PAB 6.90
-49.13%
🧸 Childcare & Education
India
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$68.3 ₹6,194
$442 PAB 442
-84.57%
International Primary School, 1 Child (Yearly)
$1,829 ₹166.0K
$11.3K PAB 11.3K
-83.88%
👕👟 Clothing & Footwear
India
Panama
Difference
Jeans (Levis 501 Or Similar)
$25.62 ₹2,325
$46.73 PAB 46.73
-45.17%
Summer Dress (H&M, Zara, etc)
$27.01 ₹2,451
$41.09 PAB 41.09
-34.27%
Sport Shoes (Adidas, Nike)
$45.10 ₹4,093
$83.8 PAB 83.8
-46.16%
Men's Leather Business Shoes
$33.35 ₹3,026
$117 PAB 117
-71.46%
🏠 Accommodation & Living
India
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$179 ₹16.2K
$948 PAB 948
-81.10%
1-bedroom Apartment, Outside City Center (Monthly)
$113 ₹10.3K
$705 PAB 705
-83.96%
3-bedroom Apartment, City Center (Monthly)
$406 ₹36.8K
$1,721 PAB 1,721
-76.43%
3-bedroom Apartment, Outside City Center (Monthly)
$258 ₹23.4K
$1,363 PAB 1,363
-81.05%
Buy Apartment in City Center (m2)
$1,338 ₹121.4K
$2,980 PAB 2,980
-55.11%
Buy Apartment Outside City Center (m2)
$682 ₹61.9K
$1,704 PAB 1,704
-59.98%
💵 Salaries & Financials
India
Panama
Difference
Average Monthly Net Salary (After Tax)
$462 ₹41.9K
$799 PAB 799
-42.14%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.02
6.3
43.17%

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

Last update for India: January 11, 2026

Last update for Panama: January 13, 2026

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