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

😐 Solo nomad: Lisbon is 7.5% more expensive than Panama City without rent, and 26% more expensive with rent.
😐 Family of 3: Lisbon is 9% more expensive than Panama City without rent, and 19.9% more expensive with rent.
Currency
🍽 Eating Out
Lisbon
Panama City
Difference
Meal at Budget Restaurant
$15.82 €13.43
$10.13 PAB 10.13
56.17%
Three-Course Dinner for Two, Mid-Range
$64.4 €54.7
$50.2 PAB 50.2
28.29%
Fast Food Meal (McDonalds, etc)
$10.37 €8.80
$8.19 PAB 8.19
26.62%
Cappuccino
$2.89 €2.46
$3.63 PAB 3.63
-20.39%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.23 €1.90
$1.68 PAB 1.68
32.74%
Water (0.33 liter bottle)
$1.55 €1.31
$1.39 PAB 1.39
11.51%
Local Beer (0.5 liter draught)
$3.38 €2.87
$2.99 PAB 2.99
13.04%
Imported Beer (0.33 liter bottle)
$3.90 €3.31
$3.89 PAB 3.89
0.26%
🛒 Groceries & Markets
Lisbon
Panama City
Difference
Milk (1 liter)
$1.12 €0.95
$1.82 PAB 1.82
-38.46%
White Bread (500g)
$1.80 €1.53
$2.47 PAB 2.47
-27.13%
Rice (white) (1kg)
$1.75 €1.48
$2.40 PAB 2.40
-27.08%
Eggs
$3.17 €2.69
$2.82 PAB 2.82
12.41%
Local Cheese (1kg)
$13.50 €11.46
$11.46 PAB 11.46
17.80%
Chicken Fillets (1kg)
$7.79 €6.61
$7.36 PAB 7.36
5.84%
Beef Round Steak (1kg)
$15.65 €13.29
$9.81 PAB 9.81
59.53%
Apples (1kg)
$2.28 €1.94
$3.38 PAB 3.38
-32.54%
Banana (1kg)
$1.71 €1.46
$1.47 PAB 1.47
16.33%
Oranges (1kg)
$1.93 €1.64
$2.83 PAB 2.83
-31.80%
Tomato (1kg)
$2.52 €2.14
$3.09 PAB 3.09
-18.45%
Potato (1kg)
$1.79 €1.52
$2.24 PAB 2.24
-20.09%
Onion (1kg)
$2.05 €1.74
$2.77 PAB 2.77
-25.99%
Lettuce (1 head)
$1.94 €1.64
$2.13 PAB 2.13
-8.92%
Water (1.5 liter bottle)
$0.81 €0.69
$1.54 PAB 1.54
-47.40%
Cigarettes 20 Pack (Marlboro, Camel)
$6.65 €5.65
$6.03 PAB 6.03
10.28%
Wine (Bottle)
$5.79 €4.91
$10.98 PAB 10.98
-47.27%
Local Beer (0.5 liter bottle)
$1.33 €1.13
$1.28 PAB 1.28
3.91%
Imported Beer (0.33 liter bottle)
$2.91 €2.47
$2.40 PAB 2.40
21.25%
🚌 Getting Around
Lisbon
Panama City
Difference
One-way Ticket (Public Transport)
$2.35 €1.99
$0.41 PAB 0.41
473.17%
Public Transport Monthly Pass (Regular Price)
$45.70 €38.80
$22.68 PAB 22.68
101.50%
Taxi Start (Normal Tariff)
$4.20 €3.57
$2.55 PAB 2.55
64.71%
Taxi (Normal Tariff) (1km)
$0.81 €0.69
$1.83 PAB 1.83
-55.74%
Taxi 1hour Waiting (Normal Tariff)
$18.70 €15.88
$21.82 PAB 21.82
-14.30%
Gasoline (1 liter)
$2.09 €1.78
$0.87 PAB 0.87
140.23%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.6K €29.4K
$19.7K PAB 19.7K
75.96%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.7K €33.7K
$20.8K PAB 20.8K
90.21%
🧾 Monthly Utilities & Internet
Lisbon
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$146 €124
$121 PAB 121
20.86%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.84 €17.69
$30.37 PAB 30.37
-31.38%
Internet (50+ Mbps, Unlimited Data)
$39.78 €33.77
$48.88 PAB 48.88
-18.62%
🎉 Sport & Entertainment
Lisbon
Panama City
Difference
Gym Membership (Monthly)
$48.58 €41.25
$45.39 PAB 45.39
7.03%
Tennis Court (1 Hour on Weekend)
$18.85 €16.00
$32.72 PAB 32.72
-42.39%
Cinema Ticket
$9.07 €7.70
$8.08 PAB 8.08
12.25%
🧸 Childcare & Education
Lisbon
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$618 €525
$470 PAB 470
31.42%
International Primary School, 1 Child (Yearly)
$16.2K €13.7K
$15.8K PAB 15.8K
2.46%
👕👟 Clothing & Footwear
Lisbon
Panama City
Difference
Jeans (Levis 501 Or Similar)
$105 €88.8
$51.7 PAB 51.7
102.26%
Summer Dress (H&M, Zara, etc)
$40.54 €34.42
$46.93 PAB 46.93
-13.62%
Sport Shoes (Adidas, Nike)
$93.8 €79.6
$89.0 PAB 89.0
5.38%
Men's Leather Business Shoes
$123 €104
$123 PAB 123
-0.66%
🏠 Accommodation & Living
Lisbon
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,604 €1,362
$1,149 PAB 1,149
39.59%
1-bedroom Apartment, Outside City Center (Monthly)
$1,260 €1,070
$883 PAB 883
42.76%
3-bedroom Apartment, City Center (Monthly)
$3,065 €2,602
$2,063 PAB 2,063
48.55%
3-bedroom Apartment, Outside City Center (Monthly)
$2,008 €1,705
$1,595 PAB 1,595
25.88%
Buy Apartment in City Center (m2)
$7,702 €6,539
$3,067 PAB 3,067
151.13%
Buy Apartment Outside City Center (m2)
$4,367 €3,707
$1,712 PAB 1,712
155.01%
💵 Salaries & Financials
Lisbon
Panama City
Difference
Average Monthly Net Salary (After Tax)
$1,638 €1,391
$947 PAB 947
73.04%
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: April 13, 2026

Last update for Panama City: April 13, 2026

City Median Internet Speeds Comparison (Updated April 2026)

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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