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

😐 Solo nomad: Panama is 169.4% more expensive than India without rent, and 254.2% more expensive with rent.
😐 Family of 3: Panama is 176.7% more expensive than India without rent, and 233.5% more expensive with rent.
Currency
🍽 Eating Out
Panama
India
Difference
Meal at Budget Restaurant
$10.18 PAB 10.18
$2.49 ₹213
308.84%
Three-Course Dinner for Two, Mid-Range
$50.5 PAB 50.5
$14.06 ₹1,202
258.82%
Fast Food Meal (McDonalds, etc)
$7.58 PAB 7.58
$4.1 ₹351
84.88%
Cappuccino
$3.55 PAB 3.55
$1.82 ₹156
95.05%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.51 PAB 1.51
$0.44 ₹37.72
243.18%
Water (0.33 liter bottle)
$1.23 PAB 1.23
$0.17 ₹14.36
623.53%
Local Beer (0.5 liter draught)
$2.23 PAB 2.23
$1.94 ₹166
14.95%
Imported Beer (0.33 liter bottle)
$3.73 PAB 3.73
$3.53 ₹302
5.67%
🛒 Groceries & Markets
Panama
India
Difference
Milk (1 liter)
$1.83 PAB 1.83
$0.73 ₹62.1
150.68%
White Bread (500g)
$2.41 PAB 2.41
$0.48 ₹41.19
402.08%
Rice (white) (1kg)
$2.27 PAB 2.27
$0.72 ₹61.4
215.28%
Eggs
$2.7 PAB 2.7
$0.94 ₹80.1
187.23%
Local Cheese (1kg)
$11.54 PAB 11.54
$5.23 ₹448
120.65%
Chicken Fillets (1kg)
$7.39 PAB 7.39
$3.14 ₹269
135.35%
Beef Round Steak (1kg)
$9.36 PAB 9.36
-
-
Apples (1kg)
$3.89 PAB 3.89
$2.2 ₹188
76.82%
Banana (1kg)
$1.37 PAB 1.37
$0.72 ₹61.2
90.28%
Oranges (1kg)
$2.89 PAB 2.89
$1.09 ₹93.2
165.14%
Tomato (1kg)
$3.05 PAB 3.05
$0.57 ₹49.11
435.09%
Potato (1kg)
$2.1 PAB 2.1
$0.42 ₹36.21
400.00%
Onion (1kg)
$2.46 PAB 2.46
$0.45 ₹38.73
446.67%
Lettuce (1 head)
$2.14 PAB 2.14
$0.55 ₹46.97
289.09%
Water (1.5 liter bottle)
$1.6 PAB 1.6
$0.33 ₹27.96
384.85%
Cigarettes 20 Pack (Marlboro, Camel)
$5.88 PAB 5.88
$4.08 ₹349
44.12%
Wine (Bottle)
$10.17 PAB 10.17
$7.99 ₹683
27.28%
Local Beer (0.5 liter bottle)
$1.24 PAB 1.24
$1.92 ₹164
-35.42%
Imported Beer (0.33 liter bottle)
$2.22 PAB 2.22
$2.89 ₹248
-23.18%
Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)
-
$5.92 ₹506
-
🚌 Getting Around
Panama
India
Difference
One-way Ticket (Public Transport)
$0.52 PAB 0.52
$0.34 ₹28.83
52.94%
Public Transport Monthly Pass (Regular Price)
$25.45 PAB 25.45
$10.01 ₹856
154.25%
Taxi Start (Normal Tariff)
$2.05 PAB 2.05
$0.97 ₹83
111.34%
Taxi (Normal Tariff) (1km)
$1.99 PAB 1.99
$0.28 ₹23.62
610.71%
Taxi 1hour Waiting (Normal Tariff)
$20.72 PAB 20.72
$1.77 ₹151
1070.62%
Gasoline (1 liter)
$0.96 PAB 0.96
$1.24 ₹106
-22.58%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.3K PAB 21.3K
$14K ₹1.2M
52.17%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.9K PAB 20.9K
$22.2K ₹1.9M
-5.83%
🧾 Monthly Utilities & Internet
Panama
India
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$108 PAB 108
$40.79 ₹3,489
164.94%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.43 PAB 29.43
$3.79 ₹324
676.52%
Internet (50+ Mbps, Unlimited Data)
$47.41 PAB 47.41
$8.13 ₹695
483.15%
🎉 Sport & Entertainment
Panama
India
Difference
Gym Membership (Monthly)
$49.24 PAB 49.24
$16 ₹1,368
207.75%
Tennis Court (1 Hour on Weekend)
$33.72 PAB 33.72
$7.59 ₹649
344.27%
Cinema Ticket
$7.11 PAB 7.11
$3.45 ₹295
106.09%
🧸 Childcare & Education
Panama
India
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$439 PAB 439
$69.7 ₹5,958
530.52%
International Primary School, 1 Child (Yearly)
$11.6K PAB 11.6K
$1,847 ₹158K
526.02%
👕👟 Clothing & Footwear
Panama
India
Difference
Jeans (Levis 501 Or Similar)
$47.07 PAB 47.07
$25.29 ₹2,163
86.12%
Summer Dress (H&M, Zara, etc)
$40.77 PAB 40.77
$26.99 ₹2,309
51.06%
Sport Shoes (Adidas, Nike)
$85 PAB 85
$44.67 ₹3,821
90.17%
Men's Leather Business Shoes
$116 PAB 116
$33.23 ₹2,842
249.17%
🏠 Accommodation & Living
Panama
India
Difference
1-bedroom Apartment, City Center (Monthly)
$923 PAB 923
$179 ₹15.3K
414.97%
1-bedroom Apartment, Outside City Center (Monthly)
$711 PAB 711
$114 ₹9,770
522.39%
3-bedroom Apartment, City Center (Monthly)
$1,745 PAB 1,745
$414 ₹35.4K
321.12%
3-bedroom Apartment, Outside City Center (Monthly)
$1,378 PAB 1,378
$260 ₹22.2K
430.08%
Buy Apartment in City Center (m2)
$1,884 PAB 1,884
$1,499 ₹128.2K
25.65%
Buy Apartment Outside City Center (m2)
$1,502 PAB 1,502
$830 ₹71K
80.92%
💵 Salaries & Financials
Panama
India
Difference
Average Monthly Net Salary (After Tax)
$807 PAB 807
$500 ₹42.8K
61.28%
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: October 28, 2025

Last update for India: October 29, 2025

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