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 $1,224 in Brazil, rent included.

A family of three spends $1,568 per month in Panama vs $1,682 in Brazil, rent included.

The cost of living in Panama is about 10% higher than in 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

$10.05 PAB 10.05

$5.26 R$26.89

91.06%

Three-Course Dinner for Two, Mid-Range

$49.64 PAB 49.64

$29.40 R$150

68.84%

Fast Food Meal (McDonalds, etc)

$7.37 PAB 7.37

$6.32 R$32.30

16.61%

Cappuccino

$3.53 PAB 3.53

$1.71 R$8.75

106.43%

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

$1.47 PAB 1.47

$1.08 R$5.54

36.11%

Water (0.33 liter bottle)

$1.24 PAB 1.24

$0.71 R$3.65

74.65%

Local Beer (0.5 liter draught)

$2.30 PAB 2.30

$1.76 R$8.99

30.68%

Imported Beer (0.33 liter bottle)

$3.69 PAB 3.69

$2.67 R$13.66

38.20%

Milk (1 liter)

$1.84 PAB 1.84

$0.97 R$4.96

89.69%

White Bread (500g)

$2.44 PAB 2.44

$1.48 R$7.55

64.86%

Rice (white) (1kg)

$2.36 PAB 2.36

$1.22 R$6.26

93.44%

Eggs

$2.69 PAB 2.69

$2.10 R$10.72

28.10%

Local Cheese (1kg)

$11.25 PAB 11.25

$8.58 R$43.85

31.12%

Chicken Fillets (1kg)

$7.32 PAB 7.32

$3.69 R$18.86

98.37%

Beef Round Steak (1kg)

$9.24 PAB 9.24

$7.53 R$38.47

22.71%

Apples (1kg)

$4.03 PAB 4.03

$2.10 R$10.76

91.90%

Banana (1kg)

$1.33 PAB 1.33

$1.29 R$6.57

3.10%

Oranges (1kg)

$2.89 PAB 2.89

$1.19 R$6.06

142.86%

Tomato (1kg)

$2.99 PAB 2.99

$1.42 R$7.25

110.56%

Potato (1kg)

$2.18 PAB 2.18

$1.17 R$5.98

86.32%

Onion (1kg)

$2.46 PAB 2.46

$1.09 R$5.59

125.69%

Lettuce (1 head)

$2.12 PAB 2.12

$0.70 R$3.60

202.86%

Water (1.5 liter bottle)

$1.63 PAB 1.63

$0.66 R$3.36

146.97%

Cigarettes 20 Pack (Marlboro, Camel)

$5.77 PAB 5.77

$2.20 R$11.26

162.27%

Wine (Bottle)

$9.98 PAB 9.98

$7.79 R$39.83

28.11%

Local Beer (0.5 liter bottle)

$1.21 PAB 1.21

$1.19 R$6.07

1.68%

Imported Beer (0.33 liter bottle)

$2.17 PAB 2.17

$2.20 R$11.25

-1.36%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$0.86 R$4.38

-39.53%

Public Transport Monthly Pass (Regular Price)

$25.39 PAB 25.39

$40.96 R$209

-38.01%

Taxi Start (Normal Tariff)

$2.01 PAB 2.01

$1.11 R$5.65

81.08%

Taxi (Normal Tariff) (1km)

$2.06 PAB 2.06

$0.88 R$4.48

134.09%

Taxi 1hour Waiting (Normal Tariff)

$20.72 PAB 20.72

$7.15 R$36.53

189.79%

Gasoline (1 liter)

$0.91 PAB 0.91

$1.09 R$5.56

-16.51%

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

$22.1K PAB 22.1K

$21.6K R$110.3K

2.29%

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

$21.4K PAB 21.4K

$28.0K R$143.3K

-23.77%

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

$106 PAB 106

$68.7 R$351

54.40%

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

$28.57 PAB 28.57

$13.97 R$71.4

104.51%

Internet (50+ Mbps, Unlimited Data)

$48.55 PAB 48.55

$18.99 R$97.1

155.66%

Gym Membership (Monthly)

$50.5 PAB 50.5

$22.60 R$116

123.41%

Tennis Court (1 Hour on Weekend)

$33.26 PAB 33.26

$22.90 R$117

45.24%

Cinema Ticket

$6.96 PAB 6.96

$6.45 R$32.94

7.91%

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

$445 PAB 445

$283 R$1,447

57.14%

International Primary School, 1 Child (Yearly)

$11.3K PAB 11.3K

$7,455 R$38.1K

51.42%

Jeans (Levis 501 Or Similar)

$47.40 PAB 47.40

$48.29 R$247

-1.84%

Summer Dress (H&M, Zara, etc)

$40.37 PAB 40.37

$43.14 R$220

-6.42%

Sport Shoes (Adidas, Nike)

$83.5 PAB 83.5

$74.9 R$383

11.37%

Men's Leather Business Shoes

$116 PAB 116

$62.1 R$318

87.43%

1-bedroom Apartment, City Center (Monthly)

$933 PAB 933

$327 R$1,672

185.29%

1-bedroom Apartment, Outside City Center (Monthly)

$722 PAB 722

$227 R$1,158

218.46%

3-bedroom Apartment, City Center (Monthly)

$1,721 PAB 1,721

$650 R$3,320

164.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,333 PAB 1,333

$450 R$2,301

196.16%

Buy Apartment in City Center (m2)

$2,974 PAB 2,974

$1,866 R$9,537

59.37%

Buy Apartment Outside City Center (m2)

$1,701 PAB 1,701

$1,259 R$6,432

35.16%

Average Monthly Net Salary (After Tax)

$813 PAB 813

$527 R$2,693

54.20%

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: July 12, 2026

Last update for Brazil: July 13, 2026

Cost Breakdown

Average rent: $371 in Panama vs $305 in Brazil. For reference, capital cities sit at $1,158 in Panama City and $409 in Brasilia.

Average salary: $713 in Panama vs $484 in Brazil. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 22% higher in Panama.

Public transport is 680% more expensive in Brazil.

Salaries are 47% higher in Panama, and purchasing power comes out stronger in Panama.

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 12% 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 12% 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.