Last update: Oct 2026

Cost of Living Comparison Between Panama and Da Nang

For one person, living is cheaper in Da Nang: $844 a month against $1,604 in Panama, rent and utilities included – about $9,100 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Panama
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Panama Living Index
42

Cost of Living Index in Da Nang
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Da Nang Living Index

Jump to prices

🇵🇦 Panama

$1,604

/mo nomad

Da Nang

🇻🇳 Vietnam

$844

/mo nomad

😐 Solo nomad: Panama is 73.9% more expensive than Da Nang without rent, and 90% more expensive with rent.

😐 Family of 3: Panama is 81.5% more expensive than Da Nang without rent, and 71.4% more expensive with rent.

Meal at Budget Restaurant

$7.86 PAB 7.86

$2.27 ₫58.7K

246.26%

Three-Course Dinner for Two, Mid-Range

$44.75 PAB 44.75

$19.51 ₫504.8K

129.37%

Fast Food Meal (McDonalds, etc)

$7.89 PAB 7.89

$4.62 ₫119.6K

70.78%

Cappuccino

$3.84 PAB 3.84

$1.73 ₫44.8K

121.97%

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

$1.59 PAB 1.59

$0.65 ₫16.9K

144.62%

Water (0.33 liter bottle)

$1.41 PAB 1.41

$0.32 ₫8,179

340.62%

Local Beer (0.5 liter draught)

$2.19 PAB 2.19

$1.37 ₫35.5K

59.85%

Imported Beer (0.33 liter bottle)

$4.04 PAB 4.04

$2.25 ₫58.2K

79.56%

Milk (1 liter)

$1.85 PAB 1.85

$1.58 ₫41.0K

17.09%

White Bread (500g)

$2.32 PAB 2.32

$1.27 ₫32.8K

82.68%

Rice (white) (1kg)

$2.99 PAB 2.99

$1.04 ₫26.9K

187.50%

Eggs

$2.48 PAB 2.48

$1.50 ₫38.8K

65.33%

Local Cheese (1kg)

$12.28 PAB 12.28

$13.12 ₫339.5K

-6.40%

Chicken Fillets (1kg)

$6.94 PAB 6.94

$4.17 ₫107.9K

66.43%

Beef Round Steak (1kg)

$10.11 PAB 10.11

$9.26 ₫239.6K

9.18%

Apples (1kg)

$4.18 PAB 4.18

$2.71 ₫70.2K

54.24%

Banana (1kg)

$1.48 PAB 1.48

$1.14 ₫29.6K

29.82%

Oranges (1kg)

$3.65 PAB 3.65

$1.33 ₫34.4K

174.44%

Tomato (1kg)

$3.73 PAB 3.73

$1.53 ₫39.6K

143.79%

Potato (1kg)

$2.50 PAB 2.50

$1.14 ₫29.5K

119.30%

Onion (1kg)

$3.29 PAB 3.29

$1.31 ₫34.0K

151.15%

Lettuce (1 head)

$2.34 PAB 2.34

$1.01 ₫26.1K

131.68%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$0.49 ₫12.7K

220.41%

Cigarettes 20 Pack (Marlboro, Camel)

$6.08 PAB 6.08

$1.55 ₫40.2K

292.26%

Wine (Bottle)

$9.88 PAB 9.88

$7.80 ₫201.8K

26.67%

Local Beer (0.5 liter bottle)

$1.39 PAB 1.39

$0.88 ₫22.8K

57.95%

Imported Beer (0.33 liter bottle)

$2.42 PAB 2.42

$2.10 ₫54.3K

15.24%

One-way Ticket (Public Transport)

$0.43 PAB 0.43

$0.31 ₫8,147

38.71%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

$5.06 ₫130.9K

314.23%

Taxi Start (Normal Tariff)

$2.43 PAB 2.43

$1.05 ₫27.1K

131.43%

Taxi (Normal Tariff) (1km)

$1.82 PAB 1.82

$0.57 ₫14.7K

219.30%

Taxi 1hour Waiting (Normal Tariff)

$21.79 PAB 21.79

$19.44 ₫503.0K

12.09%

Gasoline (1 liter)

$1.18 PAB 1.18

$0.89 ₫23.1K

32.58%

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

$21.5K PAB 21.5K

$30.2K ₫780.7M

-28.76%

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

$22.2K PAB 22.2K

$27.9K ₫721.7M

-20.42%

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

$119 PAB 119

$78.0 ₫2.0M

52.58%

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

$27.03 PAB 27.03

$6.34 ₫164.0K

326.34%

Internet (50+ Mbps, Unlimited Data)

$47.70 PAB 47.70

$8.23 ₫213.0K

479.59%

Gym Membership (Monthly)

$48.94 PAB 48.94

$22.58 ₫584.2K

116.74%

Tennis Court (1 Hour on Weekend)

$30.16 PAB 30.16

$5.43 ₫140.5K

455.43%

Cinema Ticket

$7.84 PAB 7.84

$3.13 ₫81.0K

150.48%

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

$536 PAB 536

$161 ₫4.2M

233.67%

International Primary School, 1 Child (Yearly)

$8,069 PAB 8,069

$14.7K ₫380.7M

-45.14%

Jeans (Levis 501 Or Similar)

$53.5 PAB 53.5

$45.61 ₫1.2M

17.28%

Summer Dress (H&M, Zara, etc)

$42.77 PAB 42.77

$27.84 ₫720.5K

53.63%

Sport Shoes (Adidas, Nike)

$87.4 PAB 87.4

$102 ₫2.6M

-14.19%

Men's Leather Business Shoes

$103 PAB 103

$81.1 ₫2.1M

27.51%

1-bedroom Apartment, City Center (Monthly)

$944 PAB 944

$516 ₫13.4M

83.00%

1-bedroom Apartment, Outside City Center (Monthly)

$697 PAB 697

$341 ₫8.8M

104.51%

3-bedroom Apartment, City Center (Monthly)

$1,728 PAB 1,728

$1,047 ₫27.1M

65.06%

3-bedroom Apartment, Outside City Center (Monthly)

$1,262 PAB 1,262

$783 ₫20.3M

61.32%

Buy Apartment in City Center (m2)

$2,941 PAB 2,941

$3,790 ₫98.1M

-22.39%

Buy Apartment Outside City Center (m2)

$1,673 PAB 1,673

$1,306 ₫33.8M

28.10%

Average Monthly Net Salary (After Tax)

$826 PAB 826

$350 ₫9.1M

135.67%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.37

10.72

-40.58%

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

Last update for Panama: October 5, 2026

Last update for Da Nang: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Panama

$697 44%

Da Nang

$341 39.8% 51.1% $356

Groceries & Markets

Panama

$302 19.1%

Da Nang

$200 23.4% 33.8% $102

Monthly Utilities & Internet

Panama

$194 12.2%

Da Nang

$93 10.8% 52.2% $101

Eating Out

Panama

$164 10.3%

Da Nang

$68 8% 58.4% $96

Clothing & Footwear

Panama

$129 8.2%

Da Nang

$115 13.5% 10.7% $14

Sport & Entertainment

Panama

$65 4.1%

Da Nang

$29 3.4% 55.4% $36

Getting Around

Panama

$34 2.2%

Da Nang

$10 1.2% 70.2% $24

Good to know

🇵🇦 Panama

🇻🇳 Da Nang

🕒 Local time

23:58 11:58 PM

11:58 11:58 AM

12 h ahead of Panama

🌤 Weather

👥 Population

4,098,587

1,245,200

💱 Currency

Panamanian Balboa PAB B/.

Vietnamese Dong VND ₫

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

100,000 VND = 3.86 USD

100,000 VND = 3.45 EUR

Exchange rates and currency converter

VND, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

Vietnamese Dong exchange rates as of October 10, 2026: 1 USD = 25,879 VND (100,000 VND = 3.86 USD). 1 EUR = 29,025 VND (100,000 VND = 3.45 EUR).

USD to PAB in detail →

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