Cost of Living Comparison Between Panama and Brazil Cost of Living Comparison Between Panama and Brazil

Name: Brazil
Address: BR

Monthly Cost of Living

A single person spends $839 per month in Panama vs $765 in Brazil, rent included.

A couple spends around $1,204 per month in Panama vs $1,223 in Brazil, rent included.

A family of three spends $1,568 per month in Panama vs $1,681 in Brazil, rent included.

Panama costs about 10% more than Brazil on average – the gap runs across housing, groceries, transport, and services.

Both Panama and Brazil are more affordable than the global median – Panama 37% lower, Brazil 43% lower.

Meal at Budget Restaurant

$9.83 PAB 9.83

$5.34 R$26.73

84.08%

Three-Course Dinner for Two, Mid-Range

$49.27 PAB 49.27

$28.68 R$144

71.79%

Fast Food Meal (McDonalds, etc)

$7.71 PAB 7.71

$6.33 R$31.68

21.80%

Cappuccino

$3.58 PAB 3.58

$1.77 R$8.84

102.26%

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

$1.47 PAB 1.47

$1.08 R$5.40

36.11%

Water (0.33 liter bottle)

$1.28 PAB 1.28

$0.66 R$3.28

93.94%

Local Beer (0.5 liter draught)

$2.19 PAB 2.19

$1.81 R$9.08

20.99%

Imported Beer (0.33 liter bottle)

$3.69 PAB 3.69

$2.76 R$13.79

33.70%

Milk (1 liter)

$1.79 PAB 1.79

$0.93 R$4.67

92.47%

White Bread (500g)

$2.48 PAB 2.48

$1.47 R$7.36

68.71%

Rice (white) (1kg)

$2.31 PAB 2.31

$1.18 R$5.89

95.76%

Eggs

$2.63 PAB 2.63

$2.05 R$10.26

28.29%

Local Cheese (1kg)

$11.15 PAB 11.15

$8.34 R$41.75

33.69%

Chicken Fillets (1kg)

$7.03 PAB 7.03

$3.77 R$18.88

86.47%

Beef Round Steak (1kg)

$9.03 PAB 9.03

$7.26 R$36.34

24.38%

Apples (1kg)

$3.91 PAB 3.91

$2.07 R$10.38

88.89%

Banana (1kg)

$1.33 PAB 1.33

$1.27 R$6.36

4.72%

Oranges (1kg)

$2.88 PAB 2.88

$1.13 R$5.64

154.87%

Tomato (1kg)

$3.05 PAB 3.05

$1.45 R$7.25

110.34%

Potato (1kg)

$2.17 PAB 2.17

$1.13 R$5.67

92.04%

Onion (1kg)

$2.37 PAB 2.37

$1.11 R$5.54

113.51%

Lettuce (1 head)

$2.07 PAB 2.07

$0.72 R$3.60

187.50%

Water (1.5 liter bottle)

$1.64 PAB 1.64

$0.69 R$3.43

137.68%

Cigarettes 20 Pack (Marlboro, Camel)

$6.08 PAB 6.08

$2.15 R$10.74

182.79%

Wine (Bottle)

$10.16 PAB 10.16

$8.09 R$40.47

25.59%

Local Beer (0.5 liter bottle)

$1.25 PAB 1.25

$1.17 R$5.86

6.84%

Imported Beer (0.33 liter bottle)

$2.22 PAB 2.22

$2.13 R$10.66

4.23%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$0.86 R$4.31

-39.53%

Public Transport Monthly Pass (Regular Price)

$25.30 PAB 25.30

$40.93 R$205

-38.19%

Taxi Start (Normal Tariff)

$2.02 PAB 2.02

$1.06 R$5.29

90.57%

Taxi (Normal Tariff) (1km)

$1.97 PAB 1.97

$0.90 R$4.48

118.89%

Taxi 1hour Waiting (Normal Tariff)

$20.62 PAB 20.62

$7.33 R$36.68

181.31%

Gasoline (1 liter)

$0.88 PAB 0.88

$1.04 R$5.20

-15.38%

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

$22.1K PAB 22.1K

$21.3K R$106.5K

3.85%

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

$20.7K PAB 20.7K

$27.5K R$137.6K

-24.85%

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

$108 PAB 108

$68.1 R$341

59.16%

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

$29.06 PAB 29.06

$14.08 R$70.4

106.39%

Internet (50+ Mbps, Unlimited Data)

$48.71 PAB 48.71

$19.45 R$97.3

150.44%

Gym Membership (Monthly)

$49.82 PAB 49.82

$23.15 R$116

115.21%

Tennis Court (1 Hour on Weekend)

$33.48 PAB 33.48

$22.55 R$113

48.47%

Cinema Ticket

$6.79 PAB 6.79

$6.36 R$31.84

6.76%

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

$451 PAB 451

$289 R$1,445

56.17%

International Primary School, 1 Child (Yearly)

$11.4K PAB 11.4K

$7,444 R$37.3K

53.42%

Jeans (Levis 501 Or Similar)

$46.60 PAB 46.60

$49.66 R$249

-6.16%

Summer Dress (H&M, Zara, etc)

$41.52 PAB 41.52

$41.98 R$210

-1.10%

Sport Shoes (Adidas, Nike)

$83.5 PAB 83.5

$77.4 R$387

7.86%

Men's Leather Business Shoes

$117 PAB 117

$63.0 R$316

85.04%

1-bedroom Apartment, City Center (Monthly)

$933 PAB 933

$326 R$1,632

186.21%

1-bedroom Apartment, Outside City Center (Monthly)

$728 PAB 728

$229 R$1,144

218.51%

3-bedroom Apartment, City Center (Monthly)

$1,732 PAB 1,732

$634 R$3,170

173.47%

3-bedroom Apartment, Outside City Center (Monthly)

$1,363 PAB 1,363

$452 R$2,263

201.38%

Buy Apartment in City Center (m2)

$2,991 PAB 2,991

$1,906 R$9,537

56.93%

Buy Apartment Outside City Center (m2)

$1,673 PAB 1,673

$1,257 R$6,293

33.01%

Average Monthly Net Salary (After Tax)

$820 PAB 820

$536 R$2,683

52.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

11.16

-43.55%

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

Last update for Panama: June 2, 2026

Last update for Brazil: May 31, 2026

Cost Breakdown

Average rent: $368 in Panama vs $304 in Brazil. For reference, capital cities sit at $1,157 in Panama City and $408 in Brasilia.

Average salary: $720 in Panama vs $494 in Brazil. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 21% higher in Panama.

Public transport is 680% more expensive in Brazil.

Salaries are 46% higher in Panama, giving Panama stronger purchasing power.

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

Panama vs Brazil: Cost of Living - Frequently Asked Questions

Brazil is the cheaper option – living costs run roughly 8% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.

Housing costs more in Panama, and the gap is biggest in capital cities. Regional towns show less difference, but Panama consistently has higher rents.

Groceries, transport, and utilities all cost less in Brazil, contributing to the overall 8% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.

$2,000 buys a comfortable lifestyle in Brazil, but in Panama it only works with careful planning outside the capital. Same money, very different lives.

Brazil is the budget-friendly choice for expats – lower housing and daily costs. But cost isn't everything: visa policies, language, healthcare quality, and job markets all weigh in too.