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

😐 Solo nomad: Lisbon is 7.6% more expensive than Panama City without rent, and 26.7% more expensive with rent.
😐 Family of 3: Lisbon is 12.8% more expensive than Panama City without rent, and 17.6% more expensive with rent.
Currency
🍽 Eating Out
Lisbon
Panama City
Difference
Meal at Budget Restaurant
$15.92 €13.67
$10.17 PAB 10.17
56.54%
Three-Course Dinner for Two, Mid-Range
$64.5 €55.4
$50.4 PAB 50.4
27.82%
Fast Food Meal (McDonalds, etc)
$10.54 €9.06
$7.88 PAB 7.88
33.76%
Cappuccino
$2.91 €2.50
$3.71 PAB 3.71
-21.56%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.30 €1.97
$1.64 PAB 1.64
40.24%
Water (0.33 liter bottle)
$1.57 €1.35
$1.33 PAB 1.33
18.05%
Local Beer (0.5 liter draught)
$3.44 €2.96
$2.95 PAB 2.95
16.61%
Imported Beer (0.33 liter bottle)
$3.87 €3.32
$4.06 PAB 4.06
-4.68%
🛒 Groceries & Markets
Lisbon
Panama City
Difference
Milk (1 liter)
$1.14 €0.98
$1.83 PAB 1.83
-37.70%
White Bread (500g)
$1.79 €1.54
$2.58 PAB 2.58
-30.62%
Rice (white) (1kg)
$1.75 €1.50
$2.40 PAB 2.40
-27.08%
Eggs
$3.23 €2.78
$2.97 PAB 2.97
8.75%
Local Cheese (1kg)
$13.22 €11.36
$11.34 PAB 11.34
16.58%
Chicken Fillets (1kg)
$8.03 €6.89
$7.06 PAB 7.06
13.74%
Beef Round Steak (1kg)
$16.00 €13.74
$9.76 PAB 9.76
63.93%
Apples (1kg)
$2.33 €2.00
$3.40 PAB 3.40
-31.47%
Banana (1kg)
$1.65 €1.42
$1.50 PAB 1.50
10.00%
Oranges (1kg)
$1.94 €1.67
$2.77 PAB 2.77
-29.96%
Tomato (1kg)
$2.44 €2.09
$3.23 PAB 3.23
-24.46%
Potato (1kg)
$1.83 €1.57
$2.20 PAB 2.20
-16.82%
Onion (1kg)
$2.08 €1.79
$2.87 PAB 2.87
-27.53%
Lettuce (1 head)
$2.00 €1.72
$2.17 PAB 2.17
-7.83%
Water (1.5 liter bottle)
$0.80 €0.69
$1.54 PAB 1.54
-48.05%
Cigarettes 20 Pack (Marlboro, Camel)
$6.74 €5.79
$5.99 PAB 5.99
12.52%
Wine (Bottle)
$5.80 €4.98
$10.31 PAB 10.31
-43.74%
Local Beer (0.5 liter bottle)
$1.34 €1.15
$1.30 PAB 1.30
3.08%
Imported Beer (0.33 liter bottle)
$3.01 €2.59
$2.33 PAB 2.33
29.18%
🚌 Getting Around
Lisbon
Panama City
Difference
One-way Ticket (Public Transport)
$2.37 €2.03
$0.43 PAB 0.43
451.16%
Public Transport Monthly Pass (Regular Price)
$46.20 €39.69
$22.39 PAB 22.39
106.34%
Taxi Start (Normal Tariff)
$4.07 €3.50
$2.46 PAB 2.46
65.45%
Taxi (Normal Tariff) (1km)
$0.87 €0.75
$1.82 PAB 1.82
-52.20%
Taxi 1hour Waiting (Normal Tariff)
$18.58 €15.96
$21.57 PAB 21.57
-13.86%
Gasoline (1 liter)
$2.09 €1.79
$0.95 PAB 0.95
120.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.8K €29.9K
$20.1K PAB 20.1K
72.66%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.8K €33.3K
$20.1K PAB 20.1K
92.55%
🧾 Monthly Utilities & Internet
Lisbon
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$150 €129
$123 PAB 123
21.78%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.62 €17.71
$29.81 PAB 29.81
-30.83%
Internet (50+ Mbps, Unlimited Data)
$40.09 €34.44
$49.87 PAB 49.87
-19.61%
🎉 Sport & Entertainment
Lisbon
Panama City
Difference
Gym Membership (Monthly)
$47.85 €41.10
$46.19 PAB 46.19
3.59%
Tennis Court (1 Hour on Weekend)
$18.37 €15.78
$32.83 PAB 32.83
-44.05%
Cinema Ticket
$9.32 €8.00
$8.09 PAB 8.09
15.20%
🧸 Childcare & Education
Lisbon
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$615 €528
$478 PAB 478
28.59%
International Primary School, 1 Child (Yearly)
$16.4K €14.1K
$15.8K PAB 15.8K
3.98%
👕👟 Clothing & Footwear
Lisbon
Panama City
Difference
Jeans (Levis 501 Or Similar)
$104 €89.5
$52.0 PAB 52.0
100.29%
Summer Dress (H&M, Zara, etc)
$41.10 €35.30
$46.66 PAB 46.66
-11.92%
Sport Shoes (Adidas, Nike)
$95.3 €81.9
$89.6 PAB 89.6
6.34%
Men's Leather Business Shoes
$120 €103
$123 PAB 123
-2.56%
🏠 Accommodation & Living
Lisbon
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,630 €1,400
$1,124 PAB 1,124
45.03%
1-bedroom Apartment, Outside City Center (Monthly)
$1,229 €1,056
$894 PAB 894
37.45%
3-bedroom Apartment, City Center (Monthly)
$3,018 €2,592
$2,059 PAB 2,059
46.57%
3-bedroom Apartment, Outside City Center (Monthly)
$2,004 €1,722
$1,553 PAB 1,553
29.04%
Buy Apartment in City Center (m2)
$7,872 €6,762
$3,128 PAB 3,128
151.64%
Buy Apartment Outside City Center (m2)
$4,319 €3,710
$1,730 PAB 1,730
149.61%
💵 Salaries & Financials
Lisbon
Panama City
Difference
Average Monthly Net Salary (After Tax)
$1,611 €1,384
$967 PAB 967
66.55%
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: March 1, 2026

Last update for Panama City: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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