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

🙂 Solo nomad: India is 62.9% cheaper than Panama without rent, and 71.8% cheaper with rent.
🙂 Family of 3: India is 63.9% cheaper than Panama without rent, and 70% cheaper with rent.
Currency
🍽 Eating Out
India
Panama
Difference
Meal at Budget Restaurant
$2.49 ₹213
$10.18 PAB 10.18
-75.54%
Three-Course Dinner for Two, Mid-Range
$14.06 ₹1,202
$50.5 PAB 50.5
-72.13%
Fast Food Meal (McDonalds, etc)
$4.1 ₹351
$7.58 PAB 7.58
-45.91%
Cappuccino
$1.82 ₹156
$3.55 PAB 3.55
-48.73%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.44 ₹37.72
$1.51 PAB 1.51
-70.86%
Water (0.33 liter bottle)
$0.17 ₹14.36
$1.23 PAB 1.23
-86.18%
Local Beer (0.5 liter draught)
$1.94 ₹166
$2.23 PAB 2.23
-13.00%
Imported Beer (0.33 liter bottle)
$3.53 ₹302
$3.73 PAB 3.73
-5.36%
🛒 Groceries & Markets
India
Panama
Difference
Milk (1 liter)
$0.73 ₹62.1
$1.83 PAB 1.83
-60.11%
White Bread (500g)
$0.48 ₹41.19
$2.41 PAB 2.41
-80.08%
Rice (white) (1kg)
$0.72 ₹61.4
$2.27 PAB 2.27
-68.28%
Eggs
$0.94 ₹80.1
$2.7 PAB 2.7
-65.19%
Local Cheese (1kg)
$5.23 ₹448
$11.54 PAB 11.54
-54.68%
Chicken Fillets (1kg)
$3.14 ₹269
$7.39 PAB 7.39
-57.51%
Beef Round Steak (1kg)
-
$9.36 PAB 9.36
-
Apples (1kg)
$2.2 ₹188
$3.89 PAB 3.89
-43.44%
Banana (1kg)
$0.72 ₹61.2
$1.37 PAB 1.37
-47.45%
Oranges (1kg)
$1.09 ₹93.2
$2.89 PAB 2.89
-62.28%
Tomato (1kg)
$0.57 ₹49.11
$3.05 PAB 3.05
-81.31%
Potato (1kg)
$0.42 ₹36.21
$2.1 PAB 2.1
-80.00%
Onion (1kg)
$0.45 ₹38.73
$2.46 PAB 2.46
-81.71%
Lettuce (1 head)
$0.55 ₹46.97
$2.14 PAB 2.14
-74.30%
Water (1.5 liter bottle)
$0.33 ₹27.96
$1.6 PAB 1.6
-79.38%
Cigarettes 20 Pack (Marlboro, Camel)
$4.08 ₹349
$5.88 PAB 5.88
-30.61%
Wine (Bottle)
$7.99 ₹683
$10.17 PAB 10.17
-21.44%
Local Beer (0.5 liter bottle)
$1.92 ₹164
$1.24 PAB 1.24
54.84%
Imported Beer (0.33 liter bottle)
$2.89 ₹248
$2.22 PAB 2.22
30.18%
Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)
$5.92 ₹506
-
-
🚌 Getting Around
India
Panama
Difference
One-way Ticket (Public Transport)
$0.34 ₹28.83
$0.52 PAB 0.52
-34.62%
Public Transport Monthly Pass (Regular Price)
$10.01 ₹856
$25.45 PAB 25.45
-60.67%
Taxi Start (Normal Tariff)
$0.97 ₹83
$2.05 PAB 2.05
-52.68%
Taxi (Normal Tariff) (1km)
$0.28 ₹23.62
$1.99 PAB 1.99
-85.93%
Taxi 1hour Waiting (Normal Tariff)
$1.77 ₹151
$20.72 PAB 20.72
-91.46%
Gasoline (1 liter)
$1.24 ₹106
$0.96 PAB 0.96
29.17%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$14K ₹1.2M
$21.3K PAB 21.3K
-34.28%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.2K ₹1.9M
$20.9K PAB 20.9K
6.19%
🧾 Monthly Utilities & Internet
India
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$40.79 ₹3,489
$108 PAB 108
-62.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$3.79 ₹324
$29.43 PAB 29.43
-87.12%
Internet (50+ Mbps, Unlimited Data)
$8.13 ₹695
$47.41 PAB 47.41
-82.85%
🎉 Sport & Entertainment
India
Panama
Difference
Gym Membership (Monthly)
$16 ₹1,368
$49.24 PAB 49.24
-67.51%
Tennis Court (1 Hour on Weekend)
$7.59 ₹649
$33.72 PAB 33.72
-77.49%
Cinema Ticket
$3.45 ₹295
$7.11 PAB 7.11
-51.48%
🧸 Childcare & Education
India
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$69.7 ₹5,958
$439 PAB 439
-84.14%
International Primary School, 1 Child (Yearly)
$1,847 ₹158K
$11.6K PAB 11.6K
-84.03%
👕👟 Clothing & Footwear
India
Panama
Difference
Jeans (Levis 501 Or Similar)
$25.29 ₹2,163
$47.07 PAB 47.07
-46.27%
Summer Dress (H&M, Zara, etc)
$26.99 ₹2,309
$40.77 PAB 40.77
-33.80%
Sport Shoes (Adidas, Nike)
$44.67 ₹3,821
$85 PAB 85
-47.42%
Men's Leather Business Shoes
$33.23 ₹2,842
$116 PAB 116
-71.36%
🏠 Accommodation & Living
India
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$179 ₹15.3K
$923 PAB 923
-80.58%
1-bedroom Apartment, Outside City Center (Monthly)
$114 ₹9,770
$711 PAB 711
-83.93%
3-bedroom Apartment, City Center (Monthly)
$414 ₹35.4K
$1,745 PAB 1,745
-76.25%
3-bedroom Apartment, Outside City Center (Monthly)
$260 ₹22.2K
$1,378 PAB 1,378
-81.13%
Buy Apartment in City Center (m2)
$1,499 ₹128.2K
$1,884 PAB 1,884
-20.42%
Buy Apartment Outside City Center (m2)
$830 ₹71K
$1,502 PAB 1,502
-44.73%
💵 Salaries & Financials
India
Panama
Difference
Average Monthly Net Salary (After Tax)
$500 ₹42.8K
$807 PAB 807
-38.00%
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: October 29, 2025

Last update for Panama: October 28, 2025

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