Cost of Living Comparison Between Italy and Panama Cost of Living Comparison Between Italy and Panama

Name: Panama
Address: PA

😐 Solo nomad: Italy is 18.9% more expensive than Panama without rent, and 14.8% more expensive with rent.

😐 Family of 3: Italy is 28.6% more expensive than Panama without rent, and 14.1% more expensive with rent.

Meal at Budget Restaurant

$17.2 €14.85

$10.18 PAB 10.18

68.96%

Three-Course Dinner for Two, Mid-Range

$80 €69.1

$50.5 PAB 50.5

58.63%

Fast Food Meal (McDonalds, etc)

$11.38 €9.82

$7.58 PAB 7.58

50.13%

Cappuccino

$2 €1.72

$3.55 PAB 3.55

-43.66%

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

$2.87 €2.48

$1.51 PAB 1.51

90.07%

Water (0.33 liter bottle)

$1.35 €1.17

$1.23 PAB 1.23

9.76%

Local Beer (0.5 liter draught)

$5.68 €4.91

$2.23 PAB 2.23

154.71%

Imported Beer (0.33 liter bottle)

$5.1 €4.4

$3.73 PAB 3.73

36.73%

Milk (1 liter)

$1.68 €1.45

$1.83 PAB 1.83

-8.20%

White Bread (500g)

$2.31 €2

$2.41 PAB 2.41

-4.15%

Rice (white) (1kg)

$2.9 €2.5

$2.27 PAB 2.27

27.75%

Eggs

$4.04 €3.49

$2.7 PAB 2.7

49.63%

Local Cheese (1kg)

$16.69 €14.41

$11.54 PAB 11.54

44.63%

Chicken Fillets (1kg)

$12.25 €10.58

$7.39 PAB 7.39

65.76%

Beef Round Steak (1kg)

$20.16 €17.4

$9.36 PAB 9.36

115.38%

Apples (1kg)

$2.47 €2.13

$3.89 PAB 3.89

-36.50%

Banana (1kg)

$2.12 €1.83

$1.37 PAB 1.37

54.74%

Oranges (1kg)

$2.71 €2.34

$2.89 PAB 2.89

-6.23%

Tomato (1kg)

$3.28 €2.83

$3.05 PAB 3.05

7.54%

Potato (1kg)

$2.04 €1.76

$2.1 PAB 2.1

-2.86%

Onion (1kg)

$1.82 €1.57

$2.46 PAB 2.46

-26.02%

Lettuce (1 head)

$1.47 €1.27

$2.14 PAB 2.14

-31.31%

Water (1.5 liter bottle)

$0.51 €0.44

$1.6 PAB 1.6

-68.13%

Cigarettes 20 Pack (Marlboro, Camel)

$6.75 €5.83

$5.88 PAB 5.88

14.80%

Wine (Bottle)

$7 €6.04

$10.17 PAB 10.17

-31.17%

Local Beer (0.5 liter bottle)

$1.82 €1.57

$1.24 PAB 1.24

46.77%

Imported Beer (0.33 liter bottle)

$2.53 €2.18

$2.22 PAB 2.22

13.96%

One-way Ticket (Public Transport)

$1.96 €1.69

$0.52 PAB 0.52

276.92%

Public Transport Monthly Pass (Regular Price)

$42.43 €36.63

$25.45 PAB 25.45

66.72%

Taxi Start (Normal Tariff)

$5.68 €4.9

$2.05 PAB 2.05

177.07%

Taxi (Normal Tariff) (1km)

$1.59 €1.38

$1.99 PAB 1.99

-20.10%

Taxi 1hour Waiting (Normal Tariff)

$34.1 €29.45

$20.72 PAB 20.72

64.58%

Gasoline (1 liter)

$2.01 €1.74

$0.96 PAB 0.96

109.37%

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

$31.8K €27.4K

$21.3K PAB 21.3K

48.84%

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

$32.7K €28.2K

$20.9K PAB 20.9K

56.44%

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

$222 €192

$108 PAB 108

105.85%

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

$13.37 €11.55

$29.43 PAB 29.43

-54.57%

Internet (50+ Mbps, Unlimited Data)

$31.76 €27.42

$47.41 PAB 47.41

-33.01%

Gym Membership (Monthly)

$57.5 €49.63

$49.24 PAB 49.24

16.73%

Tennis Court (1 Hour on Weekend)

$25.84 €22.31

$33.72 PAB 33.72

-23.37%

Cinema Ticket

$10.21 €8.82

$7.11 PAB 7.11

43.60%

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

$576 €497

$439 PAB 439

31.08%

International Primary School, 1 Child (Yearly)

$10.7K €9,249

$11.6K PAB 11.6K

-7.38%

Jeans (Levis 501 Or Similar)

$92.9 €80.2

$47.07 PAB 47.07

97.39%

Summer Dress (H&M, Zara, etc)

$40.84 €35.26

$40.77 PAB 40.77

0.17%

Sport Shoes (Adidas, Nike)

$98.4 €84.9

$85 PAB 85

15.77%

Men's Leather Business Shoes

$131 €113

$116 PAB 116

12.95%

1-bedroom Apartment, City Center (Monthly)

$853 €737

$923 PAB 923

-7.58%

1-bedroom Apartment, Outside City Center (Monthly)

$658 €568

$711 PAB 711

-7.50%

3-bedroom Apartment, City Center (Monthly)

$1,518 €1,311

$1,745 PAB 1,745

-13.02%

3-bedroom Apartment, Outside City Center (Monthly)

$1,072 €926

$1,378 PAB 1,378

-22.20%

Buy Apartment in City Center (m2)

$4,096 €3,537

$1,884 PAB 1,884

117.43%

Buy Apartment Outside City Center (m2)

$2,595 €2,240

$1,502 PAB 1,502

72.73%

Average Monthly Net Salary (After Tax)

$1,960 €1,692

$807 PAB 807

142.79%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

6.3

-30.00%

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

Last update for Italy: October 27, 2025

Last update for Panama: October 28, 2025

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