Cost of Living Comparison Between Lisbon and Panama City Cost of Living Comparison Between Lisbon and Panama City

😐 Solo nomad: Lisbon is 8.6% more expensive than Panama City without rent, and 28.8% more expensive with rent.
😐 Family of 3: Lisbon is 12.1% more expensive than Panama City without rent, and 18.9% more expensive with rent.
Currency
🍽 Eating Out
Lisbon
Panama City
Difference
Meal at Budget Restaurant
$16.09 €13.89
$10.18 PAB 10.18
58.06%
Three-Course Dinner for Two, Mid-Range
$64.1 €55.3
$49.36 PAB 49.36
29.80%
Fast Food Meal (McDonalds, etc)
$10.28 €8.88
$8.16 PAB 8.16
25.98%
Cappuccino
$2.78 €2.4
$3.58 PAB 3.58
-22.35%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.23 €1.92
$1.66 PAB 1.66
34.34%
Water (0.33 liter bottle)
$1.57 €1.35
$1.41 PAB 1.41
11.35%
Local Beer (0.5 liter draught)
$3.41 €2.95
$3.08 PAB 3.08
10.71%
Imported Beer (0.33 liter bottle)
$3.82 €3.3
$3.9 PAB 3.9
-2.05%
🛒 Groceries & Markets
Lisbon
Panama City
Difference
Milk (1 liter)
$1.14 €0.98
$1.88 PAB 1.88
-39.36%
White Bread (500g)
$1.73 €1.49
$2.56 PAB 2.56
-32.42%
Rice (white) (1kg)
$1.67 €1.44
$2.52 PAB 2.52
-33.73%
Eggs
$3.13 €2.7
$2.95 PAB 2.95
6.10%
Local Cheese (1kg)
$13.31 €11.5
$11.6 PAB 11.6
14.74%
Chicken Fillets (1kg)
$7.99 €6.9
$7.14 PAB 7.14
11.90%
Beef Round Steak (1kg)
$15.97 €13.79
$9.92 PAB 9.92
60.99%
Apples (1kg)
$2.28 €1.97
$3.42 PAB 3.42
-33.33%
Banana (1kg)
$1.7 €1.47
$1.49 PAB 1.49
14.09%
Oranges (1kg)
$2.04 €1.76
$2.73 PAB 2.73
-25.27%
Tomato (1kg)
$2.55 €2.2
$3.24 PAB 3.24
-21.30%
Potato (1kg)
$1.76 €1.52
$2.28 PAB 2.28
-22.81%
Onion (1kg)
$2.05 €1.77
$2.91 PAB 2.91
-29.55%
Lettuce (1 head)
$1.98 €1.71
$2.14 PAB 2.14
-7.48%
Water (1.5 liter bottle)
$0.81 €0.7
$1.57 PAB 1.57
-48.41%
Cigarettes 20 Pack (Marlboro, Camel)
$6.59 €5.69
$5.84 PAB 5.84
12.84%
Wine (Bottle)
$5.87 €5.07
$9.91 PAB 9.91
-40.77%
Local Beer (0.5 liter bottle)
$1.33 €1.15
$1.3 PAB 1.3
2.31%
Imported Beer (0.33 liter bottle)
$2.92 €2.52
$2.32 PAB 2.32
25.86%
🚌 Getting Around
Lisbon
Panama City
Difference
One-way Ticket (Public Transport)
$2.27 €1.96
$0.44 PAB 0.44
415.91%
Public Transport Monthly Pass (Regular Price)
$46.15 €39.85
$22.32 PAB 22.32
106.77%
Taxi Start (Normal Tariff)
$4.23 €3.66
$2.53 PAB 2.53
67.19%
Taxi (Normal Tariff) (1km)
$0.86 €0.75
$1.76 PAB 1.76
-51.14%
Taxi 1hour Waiting (Normal Tariff)
$18.68 €16.13
$21.86 PAB 21.86
-14.55%
Gasoline (1 liter)
$2.09 €1.81
$0.89 PAB 0.89
134.83%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.5K €29.8K
$19.9K PAB 19.9K
73.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.6K €34.2K
$20.5K PAB 20.5K
93.81%
🧾 Monthly Utilities & Internet
Lisbon
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 €128
$124 PAB 124
19.19%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.98 €18.11
$29.96 PAB 29.96
-29.97%
Internet (50+ Mbps, Unlimited Data)
$39.65 €34.24
$50.2 PAB 50.2
-20.94%
🎉 Sport & Entertainment
Lisbon
Panama City
Difference
Gym Membership (Monthly)
$47.92 €41.37
$44.96 PAB 44.96
6.58%
Tennis Court (1 Hour on Weekend)
$18.57 €16.03
$32.03 PAB 32.03
-42.02%
Cinema Ticket
$9.38 €8.1
$8.16 PAB 8.16
14.95%
🧸 Childcare & Education
Lisbon
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$607 €524
$471 PAB 471
28.82%
International Primary School, 1 Child (Yearly)
$16.1K €13.9K
$16K PAB 16K
0.97%
👕👟 Clothing & Footwear
Lisbon
Panama City
Difference
Jeans (Levis 501 Or Similar)
$104 €90.1
$52 PAB 52
100.73%
Summer Dress (H&M, Zara, etc)
$41.09 €35.48
$45.24 PAB 45.24
-9.17%
Sport Shoes (Adidas, Nike)
$92.7 €80
$87.6 PAB 87.6
5.75%
Men's Leather Business Shoes
$119 €102
$120 PAB 120
-1.49%
🏠 Accommodation & Living
Lisbon
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,592 €1,375
$1,126 PAB 1,126
41.40%
1-bedroom Apartment, Outside City Center (Monthly)
$1,262 €1,090
$890 PAB 890
41.79%
3-bedroom Apartment, City Center (Monthly)
$3,046 €2,630
$2,013 PAB 2,013
51.31%
3-bedroom Apartment, Outside City Center (Monthly)
$2,069 €1,787
$1,555 PAB 1,555
33.08%
Buy Apartment in City Center (m2)
$7,280 €6,286
$2,710 PAB 2,710
168.60%
Buy Apartment Outside City Center (m2)
$4,549 €3,928
$1,655 PAB 1,655
174.90%
💵 Salaries & Financials
Lisbon
Panama City
Difference
Average Monthly Net Salary (After Tax)
$1,462 €1,263
$975 PAB 975
50.01%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.81
6.23
-38.84%

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

Last update for Lisbon: October 28, 2025

Last update for Panama City: October 29, 2025

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