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Cost of Living Comparison Between Porto and Panama City Cost of Living Comparison Between Porto and Panama City

🙂 Solo nomad: Porto is 2% cheaper than Panama City without rent, and 0.5% more expensive with rent.
😐 Family of 3: Porto is 4.8% more expensive than Panama City without rent, and 0.8% cheaper with rent.
Currency
🍽 Eating Out
Porto
Panama City
Difference
Meal at Budget Restaurant
$11.67 €10.05
$9.84 PAB 9.84
18.60%
Three-Course Dinner for Two, Mid-Range
$58.8 €50.6
$50.8 PAB 50.8
15.67%
Fast Food Meal (McDonalds, etc)
$9.39 €8.09
$7.96 PAB 7.96
17.96%
Cappuccino
$2.27 €1.95
$3.71 PAB 3.71
-38.81%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.12 €1.82
$1.73 PAB 1.73
22.54%
Water (0.33 liter bottle)
$1.53 €1.32
$1.38 PAB 1.38
10.87%
Local Beer (0.5 liter draught)
$3.44 €2.97
$2.91 PAB 2.91
18.21%
Imported Beer (0.33 liter bottle)
$3.4 €2.93
$3.89 PAB 3.89
-12.60%
🛒 Groceries & Markets
Porto
Panama City
Difference
Milk (1 liter)
$1.06 €0.92
$1.87 PAB 1.87
-43.32%
White Bread (500g)
$1.51 €1.3
$2.55 PAB 2.55
-40.78%
Rice (white) (1kg)
$1.68 €1.45
$2.48 PAB 2.48
-32.26%
Eggs
$3.02 €2.6
$2.81 PAB 2.81
7.47%
Local Cheese (1kg)
$12.17 €10.48
$11.61 PAB 11.61
4.82%
Chicken Fillets (1kg)
$7.15 €6.16
$7.2 PAB 7.2
-0.69%
Beef Round Steak (1kg)
$15.42 €13.29
$9.74 PAB 9.74
58.32%
Apples (1kg)
$2.09 €1.8
$3.44 PAB 3.44
-39.24%
Banana (1kg)
$1.46 €1.25
$1.5 PAB 1.5
-2.67%
Oranges (1kg)
$1.73 €1.49
$2.75 PAB 2.75
-37.09%
Tomato (1kg)
$2.38 €2.05
$3.09 PAB 3.09
-22.98%
Potato (1kg)
$1.69 €1.46
$2.21 PAB 2.21
-23.53%
Onion (1kg)
$1.83 €1.58
$2.9 PAB 2.9
-36.90%
Lettuce (1 head)
$1.51 €1.3
$2.18 PAB 2.18
-30.73%
Water (1.5 liter bottle)
$0.82 €0.71
$1.51 PAB 1.51
-45.70%
Cigarettes 20 Pack (Marlboro, Camel)
$6.24 €5.37
$6.17 PAB 6.17
1.13%
Wine (Bottle)
$5.11 €4.4
$10.09 PAB 10.09
-49.36%
Local Beer (0.5 liter bottle)
$1.18 €1.01
$1.3 PAB 1.3
-9.23%
Imported Beer (0.33 liter bottle)
$2.29 €1.98
$2.45 PAB 2.45
-6.53%
🚌 Getting Around
Porto
Panama City
Difference
One-way Ticket (Public Transport)
$2.04 €1.76
$0.41 PAB 0.41
397.56%
Public Transport Monthly Pass (Regular Price)
$47.11 €40.59
$22.4 PAB 22.4
110.31%
Taxi Start (Normal Tariff)
$4.09 €3.52
$2.48 PAB 2.48
64.92%
Taxi (Normal Tariff) (1km)
$0.82 €0.7
$1.85 PAB 1.85
-55.68%
Taxi 1hour Waiting (Normal Tariff)
$17.57 €15.14
$21.98 PAB 21.98
-20.06%
Gasoline (1 liter)
$1.95 €1.68
$0.88 PAB 0.88
121.59%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.9K €30.1K
$19.8K PAB 19.8K
76.86%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.5K €34K
$20.9K PAB 20.9K
89.44%
🧾 Monthly Utilities & Internet
Porto
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$140 €120
$121 PAB 121
15.68%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$22.22 €19.14
$29.32 PAB 29.32
-24.22%
Internet (50+ Mbps, Unlimited Data)
$43.23 €37.25
$49.98 PAB 49.98
-13.51%
🎉 Sport & Entertainment
Porto
Panama City
Difference
Gym Membership (Monthly)
$43.81 €37.75
$46.24 PAB 46.24
-5.26%
Tennis Court (1 Hour on Weekend)
$15.83 €13.64
$32.69 PAB 32.69
-51.58%
Cinema Ticket
$9.49 €8.18
$8.1 PAB 8.1
17.16%
🧸 Childcare & Education
Porto
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$520 €448
$469 PAB 469
10.93%
International Primary School, 1 Child (Yearly)
$10.6K €9,139
$15.5K PAB 15.5K
-31.70%
👕👟 Clothing & Footwear
Porto
Panama City
Difference
Jeans (Levis 501 Or Similar)
$109 €94.1
$52 PAB 52
109.82%
Summer Dress (H&M, Zara, etc)
$35.58 €30.66
$45.51 PAB 45.51
-21.82%
Sport Shoes (Adidas, Nike)
$93 €80.2
$88 PAB 88
5.72%
Men's Leather Business Shoes
$111 €95.4
$121 PAB 121
-8.36%
🏠 Accommodation & Living
Porto
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,204 €1,038
$1,163 PAB 1,163
3.57%
1-bedroom Apartment, Outside City Center (Monthly)
$948 €817
$875 PAB 875
8.35%
3-bedroom Apartment, City Center (Monthly)
$2,186 €1,883
$2,017 PAB 2,017
8.36%
3-bedroom Apartment, Outside City Center (Monthly)
$1,517 €1,307
$1,587 PAB 1,587
-4.44%
Buy Apartment in City Center (m2)
$4,528 €3,901
$2,755 PAB 2,755
64.36%
Buy Apartment Outside City Center (m2)
$3,561 €3,069
$1,704 PAB 1,704
109.01%
💵 Salaries & Financials
Porto
Panama City
Difference
Average Monthly Net Salary (After Tax)
$1,383 €1,192
$997 PAB 997
38.69%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.79
6.23
-39.17%

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

Last update for Porto: November 24, 2025

Last update for Panama City: November 24, 2025

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