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

Name: Panama
Address: PA

😐 Solo nomad: Spain is 8.3% more expensive than Panama without rent, and 12.7% more expensive with rent.

😐 Family of 3: Spain is 7.9% more expensive than Panama without rent, and 0.2% cheaper with rent.

Meal at Budget Restaurant

$16.14 €13.92

$9.89 PAB 9.89

63.20%

Three-Course Dinner for Two, Mid-Range

$57.7 €49.70

$50.8 PAB 50.8

13.53%

Fast Food Meal (McDonalds, etc)

$10.53 €9.08

$7.62 PAB 7.62

38.19%

Cappuccino

$2.31 €2.00

$3.60 PAB 3.60

-35.83%

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

$2.58 €2.22

$1.47 PAB 1.47

75.51%

Water (0.33 liter bottle)

$1.81 €1.56

$1.29 PAB 1.29

40.31%

Local Beer (0.5 liter draught)

$3.55 €3.06

$2.22 PAB 2.22

59.91%

Imported Beer (0.33 liter bottle)

$4.00 €3.45

$3.73 PAB 3.73

7.24%

Milk (1 liter)

$1.23 €1.06

$1.80 PAB 1.80

-31.67%

White Bread (500g)

$1.51 €1.30

$2.48 PAB 2.48

-39.11%

Rice (white) (1kg)

$1.66 €1.43

$2.24 PAB 2.24

-25.89%

Eggs

$2.95 €2.55

$2.60 PAB 2.60

13.46%

Local Cheese (1kg)

$14.57 €12.56

$11.37 PAB 11.37

28.14%

Chicken Fillets (1kg)

$8.36 €7.21

$7.20 PAB 7.20

16.11%

Beef Round Steak (1kg)

$15.96 €13.75

$9.52 PAB 9.52

67.65%

Apples (1kg)

$2.54 €2.19

$4.02 PAB 4.02

-36.82%

Banana (1kg)

$2.08 €1.79

$1.33 PAB 1.33

56.39%

Oranges (1kg)

$2.13 €1.84

$2.90 PAB 2.90

-26.55%

Tomato (1kg)

$2.54 €2.19

$3.04 PAB 3.04

-16.45%

Potato (1kg)

$1.86 €1.60

$2.17 PAB 2.17

-14.29%

Onion (1kg)

$1.99 €1.71

$2.37 PAB 2.37

-16.03%

Lettuce (1 head)

$1.34 €1.16

$2.14 PAB 2.14

-37.38%

Water (1.5 liter bottle)

$0.80 €0.69

$1.63 PAB 1.63

-50.92%

Cigarettes 20 Pack (Marlboro, Camel)

$6.51 €5.61

$6.04 PAB 6.04

7.78%

Wine (Bottle)

$5.67 €4.89

$10.18 PAB 10.18

-44.30%

Local Beer (0.5 liter bottle)

$1.25 €1.08

$1.25 PAB 1.25

Imported Beer (0.33 liter bottle)

$2.16 €1.86

$2.30 PAB 2.30

-6.09%

One-way Ticket (Public Transport)

$1.76 €1.52

$0.52 PAB 0.52

238.46%

Public Transport Monthly Pass (Regular Price)

$34.45 €29.70

$25.15 PAB 25.15

36.98%

Taxi Start (Normal Tariff)

$4.49 €3.87

$2.05 PAB 2.05

119.02%

Taxi (Normal Tariff) (1km)

$1.27 €1.10

$1.95 PAB 1.95

-34.87%

Taxi 1hour Waiting (Normal Tariff)

$26.76 €23.07

$20.88 PAB 20.88

28.16%

Gasoline (1 liter)

$1.80 €1.55

$0.96 PAB 0.96

87.50%

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

$38.7K €33.3K

$21.6K PAB 21.6K

79.02%

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

$30.6K €26.4K

$21.2K PAB 21.2K

44.67%

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

$148 €128

$107 PAB 107

38.41%

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

$20.22 €17.43

$28.96 PAB 28.96

-30.18%

Internet (50+ Mbps, Unlimited Data)

$33.26 €28.67

$47.54 PAB 47.54

-30.04%

Gym Membership (Monthly)

$47.68 €41.10

$50.3 PAB 50.3

-5.28%

Tennis Court (1 Hour on Weekend)

$15.73 €13.56

$34.39 PAB 34.39

-54.26%

Cinema Ticket

$9.22 €7.94

$6.90 PAB 6.90

33.62%

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

$527 €455

$442 PAB 442

19.19%

International Primary School, 1 Child (Yearly)

$10.0K €8,654

$11.3K PAB 11.3K

-11.54%

Jeans (Levis 501 Or Similar)

$88.3 €76.1

$46.73 PAB 46.73

88.89%

Summer Dress (H&M, Zara, etc)

$36.99 €31.88

$41.09 PAB 41.09

-9.98%

Sport Shoes (Adidas, Nike)

$91.3 €78.7

$83.8 PAB 83.8

8.99%

Men's Leather Business Shoes

$107 €92.1

$117 PAB 117

-8.53%

1-bedroom Apartment, City Center (Monthly)

$1,066 €919

$948 PAB 948

12.47%

1-bedroom Apartment, Outside City Center (Monthly)

$817 €704

$705 PAB 705

15.90%

3-bedroom Apartment, City Center (Monthly)

$1,685 €1,453

$1,721 PAB 1,721

-2.11%

3-bedroom Apartment, Outside City Center (Monthly)

$1,253 €1,080

$1,363 PAB 1,363

-8.09%

Buy Apartment in City Center (m2)

$4,444 €3,831

$2,980 PAB 2,980

49.15%

Buy Apartment Outside City Center (m2)

$2,794 €2,408

$1,704 PAB 1,704

63.95%

Average Monthly Net Salary (After Tax)

$2,090 €1,802

$799 PAB 799

161.70%

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: January 12, 2026

Last update for Panama: January 13, 2026

Digital Nomad Cost of Living Index

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

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