Cost of Living Comparison Between Panama and Spain Cost of Living Comparison Between Panama and Spain

Name: Spain
Address: ES

🙂 Solo nomad: Panama is 5.5% cheaper than Spain without rent, and 11.1% cheaper with rent.

🙂 Family of 3: Panama is 8% cheaper than Spain without rent, and 5.1% cheaper with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$16.02 €13.83

-36.45%

Three-Course Dinner for Two, Mid-Range

$50.5 PAB 50.5

$57.6 €49.75

-12.44%

Fast Food Meal (McDonalds, etc)

$7.58 PAB 7.58

$10.6 €9.15

-28.49%

Cappuccino

$3.55 PAB 3.55

$2.39 €2.06

48.54%

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

$1.51 PAB 1.51

$2.6 €2.24

-41.92%

Water (0.33 liter bottle)

$1.23 PAB 1.23

$1.91 €1.65

-35.60%

Local Beer (0.5 liter draught)

$2.23 PAB 2.23

$3.44 €2.97

-35.17%

Imported Beer (0.33 liter bottle)

$3.73 PAB 3.73

$4.11 €3.55

-9.25%

Milk (1 liter)

$1.83 PAB 1.83

$1.18 €1.02

55.08%

White Bread (500g)

$2.41 PAB 2.41

$1.53 €1.32

57.52%

Rice (white) (1kg)

$2.27 PAB 2.27

$1.61 €1.39

40.99%

Eggs

$2.7 PAB 2.7

$3.1 €2.68

-12.90%

Local Cheese (1kg)

$11.54 PAB 11.54

$14.26 €12.32

-19.07%

Chicken Fillets (1kg)

$7.39 PAB 7.39

$8.6 €7.42

-14.07%

Beef Round Steak (1kg)

$9.36 PAB 9.36

$15.7 €13.56

-40.38%

Apples (1kg)

$3.89 PAB 3.89

$2.45 €2.12

58.78%

Banana (1kg)

$1.37 PAB 1.37

$2.07 €1.78

-33.82%

Oranges (1kg)

$2.89 PAB 2.89

$2.03 €1.75

42.36%

Tomato (1kg)

$3.05 PAB 3.05

$2.65 €2.29

15.09%

Potato (1kg)

$2.1 PAB 2.1

$1.83 €1.58

14.75%

Onion (1kg)

$2.46 PAB 2.46

$1.96 €1.69

25.51%

Lettuce (1 head)

$2.14 PAB 2.14

$1.36 €1.17

57.35%

Water (1.5 liter bottle)

$1.6 PAB 1.6

$0.74 €0.64

116.22%

Cigarettes 20 Pack (Marlboro, Camel)

$5.88 PAB 5.88

$6.43 €5.55

-8.55%

Wine (Bottle)

$10.17 PAB 10.17

$5.72 €4.94

77.80%

Local Beer (0.5 liter bottle)

$1.24 PAB 1.24

$1.32 €1.14

-6.06%

Imported Beer (0.33 liter bottle)

$2.22 PAB 2.22

$2.08 €1.8

6.73%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$1.79 €1.54

-70.95%

Public Transport Monthly Pass (Regular Price)

$25.45 PAB 25.45

$34.46 €29.75

-26.15%

Taxi Start (Normal Tariff)

$2.05 PAB 2.05

$4.56 €3.94

-55.04%

Taxi (Normal Tariff) (1km)

$1.99 PAB 1.99

$1.33 €1.15

49.62%

Taxi 1hour Waiting (Normal Tariff)

$20.72 PAB 20.72

$26.41 €22.8

-21.54%

Gasoline (1 liter)

$0.96 PAB 0.96

$1.83 €1.58

-47.54%

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

$21.3K PAB 21.3K

$39.3K €33.9K

-45.69%

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

$20.9K PAB 20.9K

$31.2K €27K

-33.11%

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

$108 PAB 108

$149 €128

-27.27%

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

$29.43 PAB 29.43

$20.46 €17.67

43.84%

Internet (50+ Mbps, Unlimited Data)

$47.41 PAB 47.41

$33.3 €28.75

42.37%

Gym Membership (Monthly)

$49.24 PAB 49.24

$47.32 €40.85

4.06%

Tennis Court (1 Hour on Weekend)

$33.72 PAB 33.72

$15.64 €13.5

115.60%

Cinema Ticket

$7.11 PAB 7.11

$9.52 €8.22

-25.32%

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

$439 PAB 439

$522 €451

-15.87%

International Primary School, 1 Child (Yearly)

$11.6K PAB 11.6K

$9,960 €8,600

16.11%

Jeans (Levis 501 Or Similar)

$47.07 PAB 47.07

$87.2 €75.3

-46.04%

Summer Dress (H&M, Zara, etc)

$40.77 PAB 40.77

$37.22 €32.13

9.54%

Sport Shoes (Adidas, Nike)

$85 PAB 85

$91.5 €79

-7.20%

Men's Leather Business Shoes

$116 PAB 116

$108 €93

7.77%

1-bedroom Apartment, City Center (Monthly)

$923 PAB 923

$1,050 €907

-12.08%

1-bedroom Apartment, Outside City Center (Monthly)

$711 PAB 711

$812 €701

-12.43%

3-bedroom Apartment, City Center (Monthly)

$1,745 PAB 1,745

$1,692 €1,460

3.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,378 PAB 1,378

$1,239 €1,069

11.27%

Buy Apartment in City Center (m2)

$1,884 PAB 1,884

$4,233 €3,655

-55.49%

Buy Apartment Outside City Center (m2)

$1,502 PAB 1,502

$2,725 €2,353

-44.87%

Average Monthly Net Salary (After Tax)

$807 PAB 807

$1,998 €1,725

-59.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

3.51

79.49%

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

Last update for Panama: October 28, 2025

Last update for Spain: October 28, 2025

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