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

😐 Solo nomad: Panama City is 2.3% more expensive than Porto without rent, and 0.4% more expensive with rent.
😐 Family of 3: Panama City is 0.3% more expensive than Porto without rent, and 0.4% more expensive with rent.
Currency
🍽 Eating Out
Panama City
Porto
Difference
Meal at Budget Restaurant
$10.14 PAB 10.14
$11.55 €9.95
-12.21%
Three-Course Dinner for Two, Mid-Range
$49.7 PAB 49.7
$58.7 €50.6
-15.39%
Fast Food Meal (McDonalds, etc)
$7.78 PAB 7.78
$9.3 €8.01
-16.34%
Cappuccino
$3.66 PAB 3.66
$2.21 €1.91
65.61%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.73 PAB 1.73
$2.19 €1.89
-21.00%
Water (0.33 liter bottle)
$1.41 PAB 1.41
$1.53 €1.31
-7.84%
Local Beer (0.5 liter draught)
$3.07 PAB 3.07
$3.53 €3.04
-13.03%
Imported Beer (0.33 liter bottle)
$4.07 PAB 4.07
$3.53 €3.04
15.30%
🛒 Groceries & Markets
Panama City
Porto
Difference
Milk (1 liter)
$1.89 PAB 1.89
$1.11 €0.96
70.27%
White Bread (500g)
$2.59 PAB 2.59
$1.44 €1.24
79.86%
Rice (white) (1kg)
$2.47 PAB 2.47
$1.67 €1.44
47.90%
Eggs
$2.9 PAB 2.9
$3.15 €2.71
-7.94%
Local Cheese (1kg)
$11.56 PAB 11.56
$11.76 €10.13
-1.70%
Chicken Fillets (1kg)
$7.12 PAB 7.12
$7.11 €6.12
0.14%
Beef Round Steak (1kg)
$9.79 PAB 9.79
$15.56 €13.4
-37.08%
Apples (1kg)
$3.3 PAB 3.3
$2.11 €1.82
56.40%
Banana (1kg)
$1.48 PAB 1.48
$1.41 €1.22
4.96%
Oranges (1kg)
$2.83 PAB 2.83
$1.77 €1.52
59.89%
Tomato (1kg)
$3.08 PAB 3.08
$2.47 €2.12
24.70%
Potato (1kg)
$2.31 PAB 2.31
$1.63 €1.4
41.72%
Onion (1kg)
$2.76 PAB 2.76
$1.91 €1.64
44.50%
Lettuce (1 head)
$2.25 PAB 2.25
$1.51 €1.3
49.01%
Water (1.5 liter bottle)
$1.53 PAB 1.53
$0.84 €0.72
82.14%
Cigarettes 20 Pack (Marlboro, Camel)
$6.04 PAB 6.04
$6.48 €5.58
-6.79%
Wine (Bottle)
$10.04 PAB 10.04
$5.26 €4.53
90.87%
Local Beer (0.5 liter bottle)
$1.29 PAB 1.29
$1.18 €1.01
9.32%
Imported Beer (0.33 liter bottle)
$2.35 PAB 2.35
$2.3 €1.98
2.17%
🚌 Getting Around
Panama City
Porto
Difference
One-way Ticket (Public Transport)
$0.43 PAB 0.43
$2.06 €1.77
-79.13%
Public Transport Monthly Pass (Regular Price)
$22.73 PAB 22.73
$46.71 €40.23
-51.34%
Taxi Start (Normal Tariff)
$2.54 PAB 2.54
$4.16 €3.58
-38.94%
Taxi (Normal Tariff) (1km)
$1.78 PAB 1.78
$0.76 €0.65
134.21%
Taxi 1hour Waiting (Normal Tariff)
$22.21 PAB 22.21
$17.53 €15.1
26.70%
Gasoline (1 liter)
$0.94 PAB 0.94
$1.99 €1.71
-52.76%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.5K PAB 19.5K
$34.5K €29.7K
-43.54%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.5K PAB 20.5K
$38.6K €33.2K
-46.86%
🧾 Monthly Utilities & Internet
Panama City
Porto
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$125 PAB 125
$141 €121
-11.12%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.76 PAB 29.76
$22.5 €19.38
32.27%
Internet (50+ Mbps, Unlimited Data)
$48.55 PAB 48.55
$43.36 €37.35
11.97%
🎉 Sport & Entertainment
Panama City
Porto
Difference
Gym Membership (Monthly)
$44.75 PAB 44.75
$43.81 €37.73
2.15%
Tennis Court (1 Hour on Weekend)
$32.3 PAB 32.3
$15.8 €13.61
104.43%
Cinema Ticket
$8.04 PAB 8.04
$9.11 €7.85
-11.75%
🧸 Childcare & Education
Panama City
Porto
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$472 PAB 472
$511 €440
-7.79%
International Primary School, 1 Child (Yearly)
$16K PAB 16K
$10.6K €9,133
50.66%
👕👟 Clothing & Footwear
Panama City
Porto
Difference
Jeans (Levis 501 Or Similar)
$51.8 PAB 51.8
$109 €93.8
-52.41%
Summer Dress (H&M, Zara, etc)
$46.29 PAB 46.29
$36.05 €31.05
28.40%
Sport Shoes (Adidas, Nike)
$88.6 PAB 88.6
$92 €79.3
-3.74%
Men's Leather Business Shoes
$120 PAB 120
$113 €97.3
5.91%
🏠 Accommodation & Living
Panama City
Porto
Difference
1-bedroom Apartment, City Center (Monthly)
$1,143 PAB 1,143
$1,194 €1,028
-4.24%
1-bedroom Apartment, Outside City Center (Monthly)
$888 PAB 888
$931 €802
-4.65%
3-bedroom Apartment, City Center (Monthly)
$2,005 PAB 2,005
$2,181 €1,879
-8.08%
3-bedroom Apartment, Outside City Center (Monthly)
$1,607 PAB 1,607
$1,565 €1,348
2.69%
Buy Apartment in City Center (m2)
$3,166 PAB 3,166
$4,932 €4,248
-35.81%
Buy Apartment Outside City Center (m2)
$1,605 PAB 1,605
$3,599 €3,100
-55.40%
💵 Salaries & Financials
Panama City
Porto
Difference
Average Monthly Net Salary (After Tax)
$910 PAB 910
$1,421 €1,224
-35.96%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.23
3.79
64.38%

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

Last update for Panama City: November 30, 2025

Last update for Porto: December 1, 2025

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