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

๐Ÿ˜ Solo nomad: Lisbon is 9.6% more expensive than Panama City without rent, and 24.8% more expensive with rent.
๐Ÿ˜ Family of 3: Lisbon is 12.3% more expensive than Panama City without rent, and 20.8% more expensive with rent.
Currency
๐Ÿฝ Eating Out
Lisbon
Panama City
Difference
Meal at Budget Restaurant
$16.17 โ‚ฌ13.94
$9.95 PABย 9.95
62.51%
Three-Course Dinner for Two, Mid-Range
$63.5 โ‚ฌ54.7
$49.92 PABย 49.92
27.14%
Fast Food Meal (McDonalds, etc)
$10.40 โ‚ฌ8.96
$8.01 PABย 8.01
29.84%
Cappuccino
$2.77 โ‚ฌ2.38
$3.66 PABย 3.66
-24.32%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.32 โ‚ฌ2.00
$1.72 PABย 1.72
34.88%
Water (0.33 liter bottle)
$1.54 โ‚ฌ1.33
$1.38 PABย 1.38
11.59%
Local Beer (0.5 liter draught)
$3.55 โ‚ฌ3.06
$2.92 PABย 2.92
21.58%
Imported Beer (0.33 liter bottle)
$3.90 โ‚ฌ3.36
$4.08 PABย 4.08
-4.41%
๐Ÿ›’ Groceries & Markets
Lisbon
Panama City
Difference
Milk (1 liter)
$1.13 โ‚ฌ0.98
$1.91 PABย 1.91
-40.84%
White Bread (500g)
$1.83 โ‚ฌ1.58
$2.46 PABย 2.46
-25.61%
Rice (white) (1kg)
$1.77 โ‚ฌ1.53
$2.41 PABย 2.41
-26.56%
Eggs
$3.13 โ‚ฌ2.70
$2.82 PABย 2.82
10.99%
Local Cheese (1kg)
$13.19 โ‚ฌ11.37
$11.49 PABย 11.49
14.80%
Chicken Fillets (1kg)
$7.80 โ‚ฌ6.73
$7.24 PABย 7.24
7.73%
Beef Round Steak (1kg)
$15.93 โ‚ฌ13.73
$9.90 PABย 9.90
60.91%
Apples (1kg)
$2.27 โ‚ฌ1.96
$3.38 PABย 3.38
-32.84%
Banana (1kg)
$1.72 โ‚ฌ1.48
$1.48 PABย 1.48
16.22%
Oranges (1kg)
$1.98 โ‚ฌ1.71
$2.87 PABย 2.87
-31.01%
Tomato (1kg)
$2.44 โ‚ฌ2.10
$3.23 PABย 3.23
-24.46%
Potato (1kg)
$1.80 โ‚ฌ1.55
$2.30 PABย 2.30
-21.74%
Onion (1kg)
$2.05 โ‚ฌ1.77
$2.89 PABย 2.89
-29.07%
Lettuce (1 head)
$1.91 โ‚ฌ1.65
$2.22 PABย 2.22
-13.96%
Water (1.5 liter bottle)
$0.78 โ‚ฌ0.68
$1.59 PABย 1.59
-50.94%
Cigarettes 20 Pack (Marlboro, Camel)
$6.65 โ‚ฌ5.73
$6.09 PABย 6.09
9.20%
Wine (Bottle)
$5.67 โ‚ฌ4.89
$9.83 PABย 9.83
-42.32%
Local Beer (0.5 liter bottle)
$1.33 โ‚ฌ1.15
$1.26 PABย 1.26
5.56%
Imported Beer (0.33 liter bottle)
$3.00 โ‚ฌ2.59
$2.46 PABย 2.46
21.95%
๐ŸšŒ Getting Around
Lisbon
Panama City
Difference
One-way Ticket (Public Transport)
$2.34 โ‚ฌ2.02
$0.41 PABย 0.41
470.73%
Public Transport Monthly Pass (Regular Price)
$46.03 โ‚ฌ39.68
$22.67 PABย 22.67
103.04%
Taxi Start (Normal Tariff)
$4.25 โ‚ฌ3.67
$2.56 PABย 2.56
66.02%
Taxi (Normal Tariff) (1km)
$0.80 โ‚ฌ0.69
$1.78 PABย 1.78
-55.06%
Taxi 1hour Waiting (Normal Tariff)
$18.60 โ‚ฌ16.03
$22.26 PABย 22.26
-16.44%
Gasoline (1 liter)
$2.07 โ‚ฌ1.78
$0.93 PABย 0.93
122.58%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.2K โ‚ฌ29.5K
$19.5K PABย 19.5K
75.19%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.0K โ‚ฌ33.6K
$20.2K PABย 20.2K
92.89%
๐Ÿงพ Monthly Utilities & Internet
Lisbon
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$147 โ‚ฌ127
$125 PABย 125
17.72%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.52 โ‚ฌ17.69
$30.03 PABย 30.03
-31.67%
Internet (50+ Mbps, Unlimited Data)
$40.18 โ‚ฌ34.64
$48.56 PABย 48.56
-17.26%
๐ŸŽ‰ Sport & Entertainment
Lisbon
Panama City
Difference
Gym Membership (Monthly)
$49.53 โ‚ฌ42.70
$46.20 PABย 46.20
7.21%
Tennis Court (1 Hour on Weekend)
$18.68 โ‚ฌ16.10
$32.29 PABย 32.29
-42.15%
Cinema Ticket
$9.10 โ‚ฌ7.85
$7.96 PABย 7.96
14.32%
๐Ÿงธ Childcare & Education
Lisbon
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$613 โ‚ฌ529
$474 PABย 474
29.39%
International Primary School, 1 Child (Yearly)
$16.3K โ‚ฌ14.1K
$15.8K PABย 15.8K
3.46%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Lisbon
Panama City
Difference
Jeans (Levis 501 Or Similar)
$102 โ‚ฌ88.2
$51.9 PABย 51.9
97.13%
Summer Dress (H&M, Zara, etc)
$40.77 โ‚ฌ35.14
$46.99 PABย 46.99
-13.24%
Sport Shoes (Adidas, Nike)
$94.6 โ‚ฌ81.6
$89.0 PABย 89.0
6.33%
Men's Leather Business Shoes
$119 โ‚ฌ102
$120 PABย 120
-1.61%
๐Ÿ  Accommodation & Living
Lisbon
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,625 โ‚ฌ1,401
$1,146 PABย 1,146
41.83%
1-bedroom Apartment, Outside City Center (Monthly)
$1,253 โ‚ฌ1,080
$884 PABย 884
41.78%
3-bedroom Apartment, City Center (Monthly)
$3,126 โ‚ฌ2,695
$2,014 PABย 2,014
55.26%
3-bedroom Apartment, Outside City Center (Monthly)
$2,042 โ‚ฌ1,760
$1,586 PABย 1,586
28.76%
Buy Apartment in City Center (m2)
$7,814 โ‚ฌ6,735
$3,112 PABย 3,112
151.04%
Buy Apartment Outside City Center (m2)
$4,389 โ‚ฌ3,783
$1,734 PABย 1,734
153.08%
๐Ÿ’ต Salaries & Financials
Lisbon
Panama City
Difference
Average Monthly Net Salary (After Tax)
$1,516 โ‚ฌ1,307
$873 PABย 873
73.60%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.81
6.23
-38.84%

CityCost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update for Lisbon: January 11, 2026

Last update for Panama City: January 12, 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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