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Cost of Living Comparison Between Panama and India Cost of Living Comparison Between Panama and India

😐 Solo nomad: Panama is 157% more expensive than India without rent, and 257.1% more expensive with rent.
😐 Family of 3: Panama is 176.4% more expensive than India without rent, and 239.9% more expensive with rent.
Currency
🍽 Eating Out
Panama
India
Difference
Meal at Budget Restaurant
$9.89 PAB 9.89
$2.54 ₹230
289.37%
Three-Course Dinner for Two, Mid-Range
$50.8 PAB 50.8
$13.78 ₹1,251
268.58%
Fast Food Meal (McDonalds, etc)
$7.62 PAB 7.62
$4.14 ₹375
84.06%
Cappuccino
$3.60 PAB 3.60
$1.81 ₹164
98.90%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.47 PAB 1.47
$0.41 ₹36.98
258.54%
Water (0.33 liter bottle)
$1.29 PAB 1.29
$0.15 ₹13.69
760.00%
Local Beer (0.5 liter draught)
$2.22 PAB 2.22
$1.93 ₹175
15.03%
Imported Beer (0.33 liter bottle)
$3.73 PAB 3.73
$3.59 ₹326
3.90%
🛒 Groceries & Markets
Panama
India
Difference
Milk (1 liter)
$1.80 PAB 1.80
$0.73 ₹65.9
146.58%
White Bread (500g)
$2.48 PAB 2.48
$0.51 ₹46.62
386.27%
Rice (white) (1kg)
$2.24 PAB 2.24
$0.72 ₹65.1
211.11%
Eggs
$2.60 PAB 2.60
$1.00 ₹90.5
160.00%
Local Cheese (1kg)
$11.37 PAB 11.37
$5.17 ₹469
119.92%
Chicken Fillets (1kg)
$7.20 PAB 7.20
$3.16 ₹287
127.85%
Beef Round Steak (1kg)
$9.52 PAB 9.52
-
-
Apples (1kg)
$4.02 PAB 4.02
$2.10 ₹191
91.43%
Banana (1kg)
$1.33 PAB 1.33
$0.72 ₹65.3
84.72%
Oranges (1kg)
$2.90 PAB 2.90
$1.08 ₹98.3
168.52%
Tomato (1kg)
$3.04 PAB 3.04
$0.56 ₹51.1
442.86%
Potato (1kg)
$2.17 PAB 2.17
$0.43 ₹38.99
404.65%
Onion (1kg)
$2.37 PAB 2.37
$0.49 ₹44.46
383.67%
Lettuce (1 head)
$2.14 PAB 2.14
$0.50 ₹45.73
328.00%
Water (1.5 liter bottle)
$1.63 PAB 1.63
$0.33 ₹29.84
393.94%
Cigarettes 20 Pack (Marlboro, Camel)
$6.04 PAB 6.04
$4.18 ₹380
44.50%
Wine (Bottle)
$10.18 PAB 10.18
$8.00 ₹726
27.25%
Local Beer (0.5 liter bottle)
$1.25 PAB 1.25
$1.89 ₹172
-33.86%
Imported Beer (0.33 liter bottle)
$2.30 PAB 2.30
$3.06 ₹278
-24.84%
Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)
-
$5.61 ₹509
-
🚌 Getting Around
Panama
India
Difference
One-way Ticket (Public Transport)
$0.52 PAB 0.52
$0.37 ₹33.33
40.54%
Public Transport Monthly Pass (Regular Price)
$25.15 PAB 25.15
$9.71 ₹881
159.01%
Taxi Start (Normal Tariff)
$2.05 PAB 2.05
$0.91 ₹82.8
125.27%
Taxi (Normal Tariff) (1km)
$1.95 PAB 1.95
$0.28 ₹25.17
596.43%
Taxi 1hour Waiting (Normal Tariff)
$20.88 PAB 20.88
$1.73 ₹157
1106.94%
Gasoline (1 liter)
$0.96 PAB 0.96
$1.18 ₹107
-18.64%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.6K PAB 21.6K
$13.9K ₹1.3M
55.04%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.2K PAB 21.2K
$22.2K ₹2.0M
-4.71%
🧾 Monthly Utilities & Internet
Panama
India
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$107 PAB 107
$40.51 ₹3,676
164.38%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.96 PAB 28.96
$3.89 ₹353
644.47%
Internet (50+ Mbps, Unlimited Data)
$47.54 PAB 47.54
$7.79 ₹707
510.27%
🎉 Sport & Entertainment
Panama
India
Difference
Gym Membership (Monthly)
$50.3 PAB 50.3
$16.34 ₹1,482
208.08%
Tennis Court (1 Hour on Weekend)
$34.39 PAB 34.39
$7.62 ₹691
351.31%
Cinema Ticket
$6.90 PAB 6.90
$3.51 ₹319
96.58%
🧸 Childcare & Education
Panama
India
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$442 PAB 442
$68.3 ₹6,194
548.19%
International Primary School, 1 Child (Yearly)
$11.3K PAB 11.3K
$1,829 ₹166.0K
520.52%
👕👟 Clothing & Footwear
Panama
India
Difference
Jeans (Levis 501 Or Similar)
$46.73 PAB 46.73
$25.62 ₹2,325
82.40%
Summer Dress (H&M, Zara, etc)
$41.09 PAB 41.09
$27.01 ₹2,451
52.13%
Sport Shoes (Adidas, Nike)
$83.8 PAB 83.8
$45.10 ₹4,093
85.74%
Men's Leather Business Shoes
$117 PAB 117
$33.35 ₹3,026
250.34%
🏠 Accommodation & Living
Panama
India
Difference
1-bedroom Apartment, City Center (Monthly)
$948 PAB 948
$179 ₹16.2K
429.21%
1-bedroom Apartment, Outside City Center (Monthly)
$705 PAB 705
$113 ₹10.3K
523.33%
3-bedroom Apartment, City Center (Monthly)
$1,721 PAB 1,721
$406 ₹36.8K
324.30%
3-bedroom Apartment, Outside City Center (Monthly)
$1,363 PAB 1,363
$258 ₹23.4K
427.84%
Buy Apartment in City Center (m2)
$2,980 PAB 2,980
$1,338 ₹121.4K
122.79%
Buy Apartment Outside City Center (m2)
$1,704 PAB 1,704
$682 ₹61.9K
149.85%
💵 Salaries & Financials
Panama
India
Difference
Average Monthly Net Salary (After Tax)
$799 PAB 799
$462 ₹41.9K
72.83%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.3
9.02
-30.16%

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

Last update for Panama: January 13, 2026

Last update for India: January 11, 2026

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