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

😐 Solo nomad: Panama is 171.4% more expensive than India without rent, and 251.2% more expensive with rent.
😐 Family of 3: Panama is 170.4% more expensive than India without rent, and 255.4% more expensive with rent.
Currency
🍽 Eating Out
Panama
India
Difference
Meal at Budget Restaurant
$9.89 PAB 9.89
$2.63 ₹244
276.05%
Three-Course Dinner for Two, Mid-Range
$49.66 PAB 49.66
$13.85 ₹1,286
258.56%
Fast Food Meal (McDonalds, etc)
$7.68 PAB 7.68
$3.99 ₹370
92.48%
Cappuccino
$3.49 PAB 3.49
$1.90 ₹177
83.68%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.47 PAB 1.47
$0.40 ₹37.15
267.50%
Water (0.33 liter bottle)
$1.26 PAB 1.26
$0.19 ₹17.57
563.16%
Local Beer (0.5 liter draught)
$2.31 PAB 2.31
$1.96 ₹182
17.86%
Imported Beer (0.33 liter bottle)
$3.80 PAB 3.80
$3.46 ₹322
9.83%
🛒 Groceries & Markets
Panama
India
Difference
Milk (1 liter)
$1.84 PAB 1.84
$0.69 ₹63.7
166.67%
White Bread (500g)
$2.47 PAB 2.47
$0.51 ₹47.66
384.31%
Rice (white) (1kg)
$2.24 PAB 2.24
$0.73 ₹67.8
206.85%
Eggs
$2.72 PAB 2.72
$0.98 ₹91.1
177.55%
Local Cheese (1kg)
$11.12 PAB 11.12
$5.43 ₹505
104.79%
Chicken Fillets (1kg)
$7.03 PAB 7.03
$3.19 ₹296
120.38%
Beef Round Steak (1kg)
$9.16 PAB 9.16
-
-
Apples (1kg)
$3.94 PAB 3.94
$2.12 ₹197
85.85%
Banana (1kg)
$1.32 PAB 1.32
$0.76 ₹70.2
73.68%
Oranges (1kg)
$2.99 PAB 2.99
$1.04 ₹97.0
187.50%
Tomato (1kg)
$2.98 PAB 2.98
$0.52 ₹48.67
473.08%
Potato (1kg)
$2.16 PAB 2.16
$0.40 ₹37.05
440.00%
Onion (1kg)
$2.48 PAB 2.48
$0.45 ₹42.08
451.11%
Lettuce (1 head)
$2.08 PAB 2.08
$0.55 ₹50.9
278.18%
Water (1.5 liter bottle)
$1.61 PAB 1.61
$0.35 ₹32.72
360.00%
Cigarettes 20 Pack (Marlboro, Camel)
$5.87 PAB 5.87
$3.99 ₹370
47.12%
Wine (Bottle)
$9.93 PAB 9.93
$7.55 ₹701
31.52%
Local Beer (0.5 liter bottle)
$1.22 PAB 1.22
$1.84 ₹171
-33.70%
Imported Beer (0.33 liter bottle)
$2.25 PAB 2.25
$3.05 ₹284
-26.23%
Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)
-
$5.81 ₹540
-
🚌 Getting Around
Panama
India
Difference
One-way Ticket (Public Transport)
$0.52 PAB 0.52
$0.34 ₹31.54
52.94%
Public Transport Monthly Pass (Regular Price)
$24.98 PAB 24.98
$9.85 ₹916
153.60%
Taxi Start (Normal Tariff)
$2.06 PAB 2.06
$0.97 ₹89.9
112.37%
Taxi (Normal Tariff) (1km)
$2.05 PAB 2.05
$0.28 ₹25.64
632.14%
Taxi 1hour Waiting (Normal Tariff)
$21.36 PAB 21.36
$1.69 ₹157
1163.91%
Gasoline (1 liter)
$0.88 PAB 0.88
$1.22 ₹113
-27.87%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.5K PAB 21.5K
$14.2K ₹1.3M
50.99%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.1K PAB 21.1K
$22.8K ₹2.1M
-7.47%
🧾 Monthly Utilities & Internet
Panama
India
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$108 PAB 108
$40.60 ₹3,772
165.81%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.60 PAB 29.60
$3.75 ₹348
689.33%
Internet (50+ Mbps, Unlimited Data)
$47.27 PAB 47.27
$8.13 ₹755
481.43%
🎉 Sport & Entertainment
Panama
India
Difference
Gym Membership (Monthly)
$49.91 PAB 49.91
$16.08 ₹1,494
210.39%
Tennis Court (1 Hour on Weekend)
$34.22 PAB 34.22
$7.72 ₹718
343.26%
Cinema Ticket
$7.04 PAB 7.04
$3.40 ₹316
107.06%
🧸 Childcare & Education
Panama
India
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$452 PAB 452
$68.7 ₹6,386
556.92%
International Primary School, 1 Child (Yearly)
$11.6K PAB 11.6K
$1,787 ₹166.0K
547.25%
👕👟 Clothing & Footwear
Panama
India
Difference
Jeans (Levis 501 Or Similar)
$47.42 PAB 47.42
$25.17 ₹2,338
88.40%
Summer Dress (H&M, Zara, etc)
$40.80 PAB 40.80
$26.56 ₹2,467
53.61%
Sport Shoes (Adidas, Nike)
$83.7 PAB 83.7
$44.85 ₹4,166
86.71%
Men's Leather Business Shoes
$120 PAB 120
$33.83 ₹3,143
254.51%
🏠 Accommodation & Living
Panama
India
Difference
1-bedroom Apartment, City Center (Monthly)
$939 PAB 939
$177 ₹16.4K
430.56%
1-bedroom Apartment, Outside City Center (Monthly)
$714 PAB 714
$111 ₹10.3K
545.73%
3-bedroom Apartment, City Center (Monthly)
$1,730 PAB 1,730
$415 ₹38.5K
317.25%
3-bedroom Apartment, Outside City Center (Monthly)
$1,353 PAB 1,353
$256 ₹23.8K
428.51%
Buy Apartment in City Center (m2)
$3,042 PAB 3,042
$1,245 ₹115.6K
144.43%
Buy Apartment Outside City Center (m2)
$1,677 PAB 1,677
$636 ₹59.1K
163.73%
💵 Salaries & Financials
Panama
India
Difference
Average Monthly Net Salary (After Tax)
$821 PAB 821
$434 ₹40.3K
89.15%
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: April 12, 2026

Last update for India: April 12, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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