Cost of Living Comparison Between Panama and Germany Cost of Living Comparison Between Panama and Germany

Name: Germany
Address: DE

🙂 Solo nomad: Panama is 25.7% cheaper than Germany without rent, and 25.9% cheaper with rent.

🙂 Family of 3: Panama is 27.5% cheaper than Germany without rent, and 24.9% cheaper with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$17.11 €14.78

-40.50%

Three-Course Dinner for Two, Mid-Range

$50.5 PAB 50.5

$74.9 €64.7

-32.68%

Fast Food Meal (McDonalds, etc)

$7.58 PAB 7.58

$11.47 €9.91

-33.91%

Cappuccino

$3.55 PAB 3.55

$4.01 €3.46

-11.47%

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

$1.51 PAB 1.51

$3.33 €2.88

-54.65%

Water (0.33 liter bottle)

$1.23 PAB 1.23

$2.89 €2.5

-57.44%

Local Beer (0.5 liter draught)

$2.23 PAB 2.23

$5.24 €4.52

-57.44%

Imported Beer (0.33 liter bottle)

$3.73 PAB 3.73

$4.58 €3.95

-18.56%

Milk (1 liter)

$1.83 PAB 1.83

$1.26 €1.08

45.24%

White Bread (500g)

$2.41 PAB 2.41

$2.19 €1.89

10.05%

Rice (white) (1kg)

$2.27 PAB 2.27

$3.46 €2.99

-34.39%

Eggs

$2.7 PAB 2.7

$3.79 €3.28

-28.76%

Local Cheese (1kg)

$11.54 PAB 11.54

$14.73 €12.72

-21.66%

Chicken Fillets (1kg)

$7.39 PAB 7.39

$13.83 €11.94

-46.57%

Beef Round Steak (1kg)

$9.36 PAB 9.36

$19.93 €17.21

-53.04%

Apples (1kg)

$3.89 PAB 3.89

$3.18 €2.75

22.33%

Banana (1kg)

$1.37 PAB 1.37

$1.79 €1.55

-23.46%

Oranges (1kg)

$2.89 PAB 2.89

$2.32 €2

24.57%

Tomato (1kg)

$3.05 PAB 3.05

$4.73 €4.09

-35.52%

Potato (1kg)

$2.1 PAB 2.1

$1.58 €1.37

32.91%

Onion (1kg)

$2.46 PAB 2.46

$1.62 €1.4

51.85%

Lettuce (1 head)

$2.14 PAB 2.14

$1.86 €1.6

15.05%

Water (1.5 liter bottle)

$1.6 PAB 1.6

$1.07 €0.92

49.53%

Cigarettes 20 Pack (Marlboro, Camel)

$5.88 PAB 5.88

$9.84 €8.5

-40.24%

Wine (Bottle)

$10.17 PAB 10.17

$6.85 €5.92

48.47%

Local Beer (0.5 liter bottle)

$1.24 PAB 1.24

$1.1 €0.95

12.73%

Imported Beer (0.33 liter bottle)

$2.22 PAB 2.22

$1.7 €1.46

30.59%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$3.68 €3.18

-85.87%

Public Transport Monthly Pass (Regular Price)

$25.45 PAB 25.45

$68 €58.7

-62.55%

Taxi Start (Normal Tariff)

$2.05 PAB 2.05

$5.87 €5.07

-65.08%

Taxi (Normal Tariff) (1km)

$1.99 PAB 1.99

$2.23 €1.92

-10.76%

Taxi 1hour Waiting (Normal Tariff)

$20.72 PAB 20.72

$37.69 €32.54

-45.03%

Gasoline (1 liter)

$0.96 PAB 0.96

$1.97 €1.7

-51.27%

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

$21.3K PAB 21.3K

$31.7K €27.4K

-32.65%

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

$20.9K PAB 20.9K

$37.3K €32.2K

-44.02%

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

$108 PAB 108

$350 €302

-69.14%

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

$29.43 PAB 29.43

$27.07 €23.37

8.72%

Internet (50+ Mbps, Unlimited Data)

$47.41 PAB 47.41

$51.9 €44.83

-8.69%

Gym Membership (Monthly)

$49.24 PAB 49.24

$40.64 €35.09

21.16%

Tennis Court (1 Hour on Weekend)

$33.72 PAB 33.72

$24.54 €21.19

37.41%

Cinema Ticket

$7.11 PAB 7.11

$14.15 €12.22

-49.75%

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

$439 PAB 439

$463 €400

-5.16%

International Primary School, 1 Child (Yearly)

$11.6K PAB 11.6K

$15.1K €13K

-23.40%

Jeans (Levis 501 Or Similar)

$47.07 PAB 47.07

$94.4 €81.5

-50.13%

Summer Dress (H&M, Zara, etc)

$40.77 PAB 40.77

$43.6 €37.65

-6.49%

Sport Shoes (Adidas, Nike)

$85 PAB 85

$100 €86.7

-15.43%

Men's Leather Business Shoes

$116 PAB 116

$133 €115

-12.73%

1-bedroom Apartment, City Center (Monthly)

$923 PAB 923

$1,042 €900

-11.41%

1-bedroom Apartment, Outside City Center (Monthly)

$711 PAB 711

$765 €660

-7.03%

3-bedroom Apartment, City Center (Monthly)

$1,745 PAB 1,745

$1,909 €1,648

-8.57%

3-bedroom Apartment, Outside City Center (Monthly)

$1,378 PAB 1,378

$1,445 €1,247

-4.61%

Buy Apartment in City Center (m2)

$1,884 PAB 1,884

$6,341 €5,475

-70.29%

Buy Apartment Outside City Center (m2)

$1,502 PAB 1,502

$4,896 €4,227

-69.32%

Average Monthly Net Salary (After Tax)

$807 PAB 807

$3,362 €2,903

-75.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

3.98

58.29%

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

Last update for Panama: October 28, 2025

Last update for Germany: October 29, 2025

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