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

Name: Panama
Address: PA

😐 Solo nomad: Spain is 5.8% more expensive than Panama without rent, and 12.5% more expensive with rent.

😐 Family of 3: Spain is 8.7% more expensive than Panama without rent, and 5.4% more expensive with rent.

Meal at Budget Restaurant

$16.02 €13.83

$10.18 PAB 10.18

57.37%

Three-Course Dinner for Two, Mid-Range

$57.6 €49.75

$50.5 PAB 50.5

14.21%

Fast Food Meal (McDonalds, etc)

$10.6 €9.15

$7.58 PAB 7.58

39.84%

Cappuccino

$2.39 €2.06

$3.55 PAB 3.55

-32.68%

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

$2.6 €2.24

$1.51 PAB 1.51

72.19%

Water (0.33 liter bottle)

$1.91 €1.65

$1.23 PAB 1.23

55.28%

Local Beer (0.5 liter draught)

$3.44 €2.97

$2.23 PAB 2.23

54.26%

Imported Beer (0.33 liter bottle)

$4.11 €3.55

$3.73 PAB 3.73

10.19%

Milk (1 liter)

$1.18 €1.02

$1.83 PAB 1.83

-35.52%

White Bread (500g)

$1.53 €1.32

$2.41 PAB 2.41

-36.51%

Rice (white) (1kg)

$1.61 €1.39

$2.27 PAB 2.27

-29.07%

Eggs

$3.1 €2.68

$2.7 PAB 2.7

14.81%

Local Cheese (1kg)

$14.26 €12.32

$11.54 PAB 11.54

23.57%

Chicken Fillets (1kg)

$8.6 €7.42

$7.39 PAB 7.39

16.37%

Beef Round Steak (1kg)

$15.7 €13.56

$9.36 PAB 9.36

67.74%

Apples (1kg)

$2.45 €2.12

$3.89 PAB 3.89

-37.02%

Banana (1kg)

$2.07 €1.78

$1.37 PAB 1.37

51.09%

Oranges (1kg)

$2.03 €1.75

$2.89 PAB 2.89

-29.76%

Tomato (1kg)

$2.65 €2.29

$3.05 PAB 3.05

-13.11%

Potato (1kg)

$1.83 €1.58

$2.1 PAB 2.1

-12.86%

Onion (1kg)

$1.96 €1.69

$2.46 PAB 2.46

-20.33%

Lettuce (1 head)

$1.36 €1.17

$2.14 PAB 2.14

-36.45%

Water (1.5 liter bottle)

$0.74 €0.64

$1.6 PAB 1.6

-53.75%

Cigarettes 20 Pack (Marlboro, Camel)

$6.43 €5.55

$5.88 PAB 5.88

9.35%

Wine (Bottle)

$5.72 €4.94

$10.17 PAB 10.17

-43.76%

Local Beer (0.5 liter bottle)

$1.32 €1.14

$1.24 PAB 1.24

6.45%

Imported Beer (0.33 liter bottle)

$2.08 €1.8

$2.22 PAB 2.22

-6.31%

One-way Ticket (Public Transport)

$1.79 €1.54

$0.52 PAB 0.52

244.23%

Public Transport Monthly Pass (Regular Price)

$34.46 €29.75

$25.45 PAB 25.45

35.40%

Taxi Start (Normal Tariff)

$4.56 €3.94

$2.05 PAB 2.05

122.44%

Taxi (Normal Tariff) (1km)

$1.33 €1.15

$1.99 PAB 1.99

-33.17%

Taxi 1hour Waiting (Normal Tariff)

$26.41 €22.8

$20.72 PAB 20.72

27.46%

Gasoline (1 liter)

$1.83 €1.58

$0.96 PAB 0.96

90.63%

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

$39.3K €33.9K

$21.3K PAB 21.3K

84.11%

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

$31.2K €27K

$20.9K PAB 20.9K

49.50%

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

$149 €128

$108 PAB 108

37.50%

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

$20.46 €17.67

$29.43 PAB 29.43

-30.48%

Internet (50+ Mbps, Unlimited Data)

$33.3 €28.75

$47.41 PAB 47.41

-29.76%

Gym Membership (Monthly)

$47.32 €40.85

$49.24 PAB 49.24

-3.90%

Tennis Court (1 Hour on Weekend)

$15.64 €13.5

$33.72 PAB 33.72

-53.62%

Cinema Ticket

$9.52 €8.22

$7.11 PAB 7.11

33.90%

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

$522 €451

$439 PAB 439

18.86%

International Primary School, 1 Child (Yearly)

$9,960 €8,600

$11.6K PAB 11.6K

-13.88%

Jeans (Levis 501 Or Similar)

$87.2 €75.3

$47.07 PAB 47.07

85.32%

Summer Dress (H&M, Zara, etc)

$37.22 €32.13

$40.77 PAB 40.77

-8.71%

Sport Shoes (Adidas, Nike)

$91.5 €79

$85 PAB 85

7.76%

Men's Leather Business Shoes

$108 €93

$116 PAB 116

-7.21%

1-bedroom Apartment, City Center (Monthly)

$1,050 €907

$923 PAB 923

13.74%

1-bedroom Apartment, Outside City Center (Monthly)

$812 €701

$711 PAB 711

14.19%

3-bedroom Apartment, City Center (Monthly)

$1,692 €1,460

$1,745 PAB 1,745

-3.08%

3-bedroom Apartment, Outside City Center (Monthly)

$1,239 €1,069

$1,378 PAB 1,378

-10.13%

Buy Apartment in City Center (m2)

$4,233 €3,655

$1,884 PAB 1,884

124.69%

Buy Apartment Outside City Center (m2)

$2,725 €2,353

$1,502 PAB 1,502

81.39%

Average Monthly Net Salary (After Tax)

$1,998 €1,725

$807 PAB 807

147.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.51

6.3

-44.29%

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

Last update for Spain: October 28, 2025

Last update for Panama: October 28, 2025

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