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

Name: Germany
Address: DE

🙂 Solo nomad: Panama is 28.7% cheaper than Germany without rent, and 28.3% cheaper with rent.

🙂 Family of 3: Panama is 27.8% cheaper than Germany without rent, and 21.9% cheaper with rent.

Meal at Budget Restaurant

$9.89 PAB 9.89

$17.58 €15.16

-43.74%

Three-Course Dinner for Two, Mid-Range

$50.8 PAB 50.8

$75.0 €64.7

-32.32%

Fast Food Meal (McDonalds, etc)

$7.62 PAB 7.62

$11.54 €9.95

-33.97%

Cappuccino

$3.60 PAB 3.60

$4.10 €3.53

-12.20%

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

$1.47 PAB 1.47

$3.40 €2.93

-56.76%

Water (0.33 liter bottle)

$1.29 PAB 1.29

$3.03 €2.61

-57.43%

Local Beer (0.5 liter draught)

$2.22 PAB 2.22

$5.26 €4.53

-57.79%

Imported Beer (0.33 liter bottle)

$3.73 PAB 3.73

$4.59 €3.96

-18.74%

Milk (1 liter)

$1.80 PAB 1.80

$1.25 €1.07

44.00%

White Bread (500g)

$2.48 PAB 2.48

$2.29 €1.98

8.30%

Rice (white) (1kg)

$2.24 PAB 2.24

$3.37 €2.90

-33.53%

Eggs

$2.60 PAB 2.60

$3.79 €3.27

-31.40%

Local Cheese (1kg)

$11.37 PAB 11.37

$14.54 €12.54

-21.80%

Chicken Fillets (1kg)

$7.20 PAB 7.20

$14.28 €12.31

-49.58%

Beef Round Steak (1kg)

$9.52 PAB 9.52

$19.99 €17.23

-52.38%

Apples (1kg)

$4.02 PAB 4.02

$3.16 €2.72

27.22%

Banana (1kg)

$1.33 PAB 1.33

$1.79 €1.54

-25.70%

Oranges (1kg)

$2.90 PAB 2.90

$2.21 €1.91

31.22%

Tomato (1kg)

$3.04 PAB 3.04

$4.73 €4.07

-35.73%

Potato (1kg)

$2.17 PAB 2.17

$1.55 €1.33

40.00%

Onion (1kg)

$2.37 PAB 2.37

$1.63 €1.41

45.40%

Lettuce (1 head)

$2.14 PAB 2.14

$1.85 €1.59

15.68%

Water (1.5 liter bottle)

$1.63 PAB 1.63

$1.07 €0.92

52.34%

Cigarettes 20 Pack (Marlboro, Camel)

$6.04 PAB 6.04

$9.80 €8.45

-38.37%

Wine (Bottle)

$10.18 PAB 10.18

$6.94 €5.98

46.69%

Local Beer (0.5 liter bottle)

$1.25 PAB 1.25

$1.10 €0.95

13.64%

Imported Beer (0.33 liter bottle)

$2.30 PAB 2.30

$1.62 €1.40

41.98%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$3.68 €3.17

-85.87%

Public Transport Monthly Pass (Regular Price)

$25.15 PAB 25.15

$66.7 €57.5

-62.31%

Taxi Start (Normal Tariff)

$2.05 PAB 2.05

$5.69 €4.90

-63.97%

Taxi (Normal Tariff) (1km)

$1.95 PAB 1.95

$2.28 €1.96

-14.47%

Taxi 1hour Waiting (Normal Tariff)

$20.88 PAB 20.88

$38.16 €32.89

-45.28%

Gasoline (1 liter)

$0.96 PAB 0.96

$1.98 €1.70

-51.52%

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

$21.6K PAB 21.6K

$31.8K €27.4K

-32.16%

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

$21.2K PAB 21.2K

$37.4K €32.2K

-43.36%

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

$107 PAB 107

$354 €306

-69.79%

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

$28.96 PAB 28.96

$27.69 €23.87

4.59%

Internet (50+ Mbps, Unlimited Data)

$47.54 PAB 47.54

$51.4 €44.29

-7.47%

Gym Membership (Monthly)

$50.3 PAB 50.3

$41.25 €35.55

22.04%

Tennis Court (1 Hour on Weekend)

$34.39 PAB 34.39

$24.49 €21.11

40.42%

Cinema Ticket

$6.90 PAB 6.90

$13.87 €11.96

-50.25%

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

$442 PAB 442

$461 €397

-4.01%

International Primary School, 1 Child (Yearly)

$11.3K PAB 11.3K

$15.2K €13.1K

-25.09%

Jeans (Levis 501 Or Similar)

$46.73 PAB 46.73

$93.7 €80.8

-50.15%

Summer Dress (H&M, Zara, etc)

$41.09 PAB 41.09

$43.43 €37.44

-5.39%

Sport Shoes (Adidas, Nike)

$83.8 PAB 83.8

$100 €86.4

-16.44%

Men's Leather Business Shoes

$117 PAB 117

$133 €115

-12.20%

1-bedroom Apartment, City Center (Monthly)

$948 PAB 948

$1,038 €895

-8.74%

1-bedroom Apartment, Outside City Center (Monthly)

$705 PAB 705

$773 €667

-8.82%

3-bedroom Apartment, City Center (Monthly)

$1,721 PAB 1,721

$1,932 €1,665

-10.88%

3-bedroom Apartment, Outside City Center (Monthly)

$1,363 PAB 1,363

$1,451 €1,251

-6.05%

Buy Apartment in City Center (m2)

$2,980 PAB 2,980

$6,257 €5,393

-52.37%

Buy Apartment Outside City Center (m2)

$1,704 PAB 1,704

$4,369 €3,766

-61.00%

Average Monthly Net Salary (After Tax)

$799 PAB 799

$3,444 €2,969

-76.81%

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: January 13, 2026

Last update for Germany: January 11, 2026

Digital Nomad Cost of Living Index

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

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