Cost of Living Comparison Between Lisbon and Panama City 

Indices DifferenceInfo
Consumer Prices in Panama City are 4.7% lower than in Lisbon (without rent)
Consumer Prices Including Rent in Panama City are 14.8% lower than in Lisbon
Rent Prices in Panama City are 30.9% lower than in Lisbon
Restaurant Prices in Panama City are 0.3% lower than in Lisbon
Groceries Prices in Panama City are 6.9% higher than in Lisbon
Local Purchasing Power in Panama City is 22.9% lower than in Lisbon
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Lisbon Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 13.25 €
(14.27 $)
11.14 €
(12.00 $)
     -15.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 48.00 €
(51.69 $)
55.72 €
(60.00 $)
     +16.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.80 €
(9.48 $)
7.66 €
(8.25 $)
     -12.9 %
Domestic Beer (1 pint draught) 3.00 €
(3.23 $)
2.32 €
(2.50 $)
     -22.6 %
Imported Beer (12 oz small bottle) 4.00 €
(4.31 $)
3.71 €
(4.00 $)
     -7.1 %
Cappuccino (regular) 2.28 €
(2.46 $)
3.44 €
(3.70 $)
     +50.6 %
Coke/Pepsi (12 oz small bottle) 1.76 €
(1.89 $)
1.63 €
(1.76 $)
     -7.2 %
Water (12 oz small bottle) 1.23 €
(1.33 $)
1.24 €
(1.33 $)
     +0.7 %
Markets
Lisbon Edit Panama City Edit
Milk (regular), (1 gallon) 3.62 €
(3.90 $)
6.19 €
(6.66 $)
     +71.0 %
Loaf of Fresh White Bread (1 lb) 1.29 €
(1.39 $)
2.02 €
(2.18 $)
     +56.6 %
Rice (white), (1 lb) 0.65 €
(0.70 $)
0.88 €
(0.95 $)
     +36.7 %
Eggs (regular) (12) 2.82 €
(3.03 $)
2.36 €
(2.54 $)
     -16.2 %
Local Cheese (1 lb) 4.63 €
(4.99 $)
4.58 €
(4.93 $)
     -1.1 %
Chicken Fillets (1 lb) 3.22 €
(3.47 $)
3.15 €
(3.39 $)
     -2.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.66 €
(6.09 $)
3.77 €
(4.06 $)
     -33.3 %
Apples (1 lb) 0.98 €
(1.06 $)
1.30 €
(1.40 $)
     +32.6 %
Banana (1 lb) 0.63 €
(0.68 $)
0.58 €
(0.62 $)
     -8.4 %
Oranges (1 lb) 0.80 €
(0.86 $)
1.20 €
(1.30 $)
     +50.3 %
Tomato (1 lb) 1.03 €
(1.11 $)
1.30 €
(1.41 $)
     +26.7 %
Potato (1 lb) 0.81 €
(0.87 $)
0.87 €
(0.94 $)
     +7.9 %
Onion (1 lb) 0.83 €
(0.90 $)
0.91 €
(0.97 $)
     +8.4 %
Lettuce (1 head) 1.53 €
(1.65 $)
2.02 €
(2.18 $)
     +32.1 %
Water (1.5 liter bottle) 0.77 €
(0.82 $)
1.33 €
(1.44 $)
     +74.0 %
Bottle of Wine (Mid-Range) 5.00 €
(5.38 $)
8.36 €
(9.00 $)
     +67.2 %
Domestic Beer (0.5 liter bottle) 1.23 €
(1.32 $)
1.11 €
(1.20 $)
     -9.6 %
Imported Beer (12 oz small bottle) 2.58 €
(2.78 $)
1.72 €
(1.86 $)
     -33.3 %
Cigarettes 20 Pack (Marlboro) 5.50 €
(5.92 $)
5.34 €
(5.75 $)
     -2.9 %
Transportation
Lisbon Edit Panama City Edit
One-way Ticket (Local Transport) 2.00 €
(2.15 $)
0.33 €
(0.35 $)
     -83.7 %
Monthly Pass (Regular Price) 40.00 €
(43.07 $)
23.22 €
(25.00 $)
     -42.0 %
Taxi Start (Normal Tariff) 3.60 €
(3.88 $)
1.86 €
(2.00 $)
     -48.4 %
Taxi 1 mile (Normal Tariff) 1.13 €
(1.21 $)
2.24 €
(2.41 $)
     +99.0 %
Taxi 1hour Waiting (Normal Tariff) 15.00 €
(16.15 $)
18.57 €
(20.00 $)
     +23.8 %
Gasoline (1 gallon) 6.92 €
(7.45 $)
3.43 €
(3.69 $)
     -50.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 €
(32,304.96 $)
20,662.46 €
(22,250.00 $)
     -31.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,234.29 €
(35,787.74 $)
19,032.17 €
(20,494.44 $)
     -42.7 %
Utilities (Monthly)
Lisbon Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 133.22 €
(143.45 $)
104.61 €
(112.65 $)
     -21.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.12 €
(24.90 $)
27.24 €
(29.33 $)
     +17.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.77 €
(41.75 $)
48.12 €
(51.82 $)
     +24.1 %
Sports And Leisure
Lisbon Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 39.57 €
(42.60 $)
38.01 €
(40.93 $)
     -3.9 %
Tennis Court Rent (1 Hour on Weekend) 12.76 €
(13.74 $)
23.22 €
(25.00 $)
     +81.9 %
Cinema, International Release, 1 Seat 8.00 €
(8.61 $)
6.50 €
(7.00 $)
     -18.7 %
Childcare
Lisbon Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 544.00 €
(585.80 $)
379.01 €
(408.12 $)
     -30.3 %
International Primary School, Yearly for 1 Child 13,487.88 €
(14,524.18 $)
8,985.39 €
(9,675.75 $)
     -33.4 %
Clothing And Shoes
Lisbon Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 77.20 €
(83.13 $)
50.09 €
(53.94 $)
     -35.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.12 €
(37.82 $)
37.88 €
(40.79 $)
     +7.9 %
1 Pair of Nike Running Shoes (Mid-Range) 80.68 €
(86.88 $)
76.69 €
(82.58 $)
     -4.9 %
1 Pair of Men Leather Business Shoes 99.32 €
(106.95 $)
86.23 €
(92.86 $)
     -13.2 %
Rent Per Month
Lisbon Edit Panama City Edit
Apartment (1 bedroom) in City Centre 1,311.55 €
(1,412.32 $)
859.85 €
(925.91 $)
     -34.4 %
Apartment (1 bedroom) Outside of Centre 908.92 €
(978.76 $)
555.90 €
(598.61 $)
     -38.8 %
Apartment (3 bedrooms) in City Centre 2,518.75 €
(2,712.27 $)
1,901.88 €
(2,048.00 $)
     -24.5 %
Apartment (3 bedrooms) Outside of Centre 1,662.50 €
(1,790.23 $)
1,108.92 €
(1,194.12 $)
     -33.3 %
Buy Apartment Price
Lisbon Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 550.87 €
(593.20 $)
212.29 €
(228.61 $)
     -61.5 %
Price per Square Feet to Buy Apartment Outside of Centre 286.53 €
(308.54 $)
125.71 €
(135.37 $)
     -56.1 %
Salaries And Financing
Lisbon Edit Panama City Edit
Average Monthly Net Salary (After Tax) 1,218.21 €
(1,311.80 $)
800.35 €
(861.84 $)
     -34.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.01 6.07      +51.6 %
Last update: May 2024April 2024
Contributors in the past 12 months:46686