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

🙂 Solo nomad: Panama City is 8% cheaper than Lisbon without rent, and 22.3% cheaper with rent.

🙂 Family of 3: Panama City is 10.8% cheaper than Lisbon without rent, and 15.9% cheaper with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$16.09 €13.89

-36.73%

Three-Course Dinner for Two, Mid-Range

$49.36 PAB 49.36

$64.1 €55.3

-22.96%

Fast Food Meal (McDonalds, etc)

$8.16 PAB 8.16

$10.28 €8.88

-20.62%

Cappuccino

$3.58 PAB 3.58

$2.78 €2.4

28.78%

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

$1.66 PAB 1.66

$2.23 €1.92

-25.56%

Water (0.33 liter bottle)

$1.41 PAB 1.41

$1.57 €1.35

-10.19%

Local Beer (0.5 liter draught)

$3.08 PAB 3.08

$3.41 €2.95

-9.68%

Imported Beer (0.33 liter bottle)

$3.9 PAB 3.9

$3.82 €3.3

2.09%

Milk (1 liter)

$1.88 PAB 1.88

$1.14 €0.98

64.91%

White Bread (500g)

$2.56 PAB 2.56

$1.73 €1.49

47.98%

Rice (white) (1kg)

$2.52 PAB 2.52

$1.67 €1.44

50.90%

Eggs

$2.95 PAB 2.95

$3.13 €2.7

-5.75%

Local Cheese (1kg)

$11.6 PAB 11.6

$13.31 €11.5

-12.85%

Chicken Fillets (1kg)

$7.14 PAB 7.14

$7.99 €6.9

-10.64%

Beef Round Steak (1kg)

$9.92 PAB 9.92

$15.97 €13.79

-37.88%

Apples (1kg)

$3.42 PAB 3.42

$2.28 €1.97

50.00%

Banana (1kg)

$1.49 PAB 1.49

$1.7 €1.47

-12.35%

Oranges (1kg)

$2.73 PAB 2.73

$2.04 €1.76

33.82%

Tomato (1kg)

$3.24 PAB 3.24

$2.55 €2.2

27.06%

Potato (1kg)

$2.28 PAB 2.28

$1.76 €1.52

29.55%

Onion (1kg)

$2.91 PAB 2.91

$2.05 €1.77

41.95%

Lettuce (1 head)

$2.14 PAB 2.14

$1.98 €1.71

8.08%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$0.81 €0.7

93.83%

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 PAB 5.84

$6.59 €5.69

-11.38%

Wine (Bottle)

$9.91 PAB 9.91

$5.87 €5.07

68.82%

Local Beer (0.5 liter bottle)

$1.3 PAB 1.3

$1.33 €1.15

-2.26%

Imported Beer (0.33 liter bottle)

$2.32 PAB 2.32

$2.92 €2.52

-20.55%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

$2.27 €1.96

-80.62%

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

$46.15 €39.85

-51.64%

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

$4.23 €3.66

-40.19%

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

$0.86 €0.75

104.65%

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

$18.68 €16.13

17.02%

Gasoline (1 liter)

$0.89 PAB 0.89

$2.09 €1.81

-57.42%

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

$19.9K PAB 19.9K

$34.5K €29.8K

-42.30%

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

$20.5K PAB 20.5K

$39.6K €34.2K

-48.40%

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

$124 PAB 124

$148 €128

-16.10%

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

$29.96 PAB 29.96

$20.98 €18.11

42.80%

Internet (50+ Mbps, Unlimited Data)

$50.2 PAB 50.2

$39.65 €34.24

26.48%

Gym Membership (Monthly)

$44.96 PAB 44.96

$47.92 €41.37

-6.18%

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

$18.57 €16.03

72.48%

Cinema Ticket

$8.16 PAB 8.16

$9.38 €8.1

-13.01%

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

$471 PAB 471

$607 €524

-22.37%

International Primary School, 1 Child (Yearly)

$16K PAB 16K

$16.1K €13.9K

-0.96%

Jeans (Levis 501 Or Similar)

$52 PAB 52

$104 €90.1

-50.18%

Summer Dress (H&M, Zara, etc)

$45.24 PAB 45.24

$41.09 €35.48

10.10%

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

$92.7 €80

-5.44%

Men's Leather Business Shoes

$120 PAB 120

$119 €102

1.51%

1-bedroom Apartment, City Center (Monthly)

$1,126 PAB 1,126

$1,592 €1,375

-29.28%

1-bedroom Apartment, Outside City Center (Monthly)

$890 PAB 890

$1,262 €1,090

-29.47%

3-bedroom Apartment, City Center (Monthly)

$2,013 PAB 2,013

$3,046 €2,630

-33.91%

3-bedroom Apartment, Outside City Center (Monthly)

$1,555 PAB 1,555

$2,069 €1,787

-24.86%

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

$7,280 €6,286

-62.77%

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

$4,549 €3,928

-63.62%

Average Monthly Net Salary (After Tax)

$975 PAB 975

$1,462 €1,263

-33.34%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

3.81

63.52%

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

Last update for Panama City: October 29, 2025

Last update for Lisbon: October 28, 2025

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