Cost of Living Comparison Between Lisbon and Panama City 

Indices DifferenceInfo
Cost of Living in Panama City is 5.1% lower than in Lisbon (without rent)
Cost of Living Including Rent in Panama City is 15.3% lower than in Lisbon
Rent Prices in Panama City are 31.4% lower than in Lisbon
Restaurant Prices in Panama City are 4.5% lower than in Lisbon
Groceries Prices in Panama City are 7.5% higher than in Lisbon
Local Purchasing Power in Panama City is 20.7% lower than in Lisbon
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Lisbon Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 13.75 €
(14.93 $)
10.82 €
(11.75 $)
     -21.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 €
(54.29 $)
55.26 €
(60.00 $)
     +10.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.80 €
(9.55 $)
7.37 €
(8.00 $)
     -16.3 %
Domestic Beer (1 pint draught) 3.00 €
(3.26 $)
2.76 €
(3.00 $)
     -7.9 %
Imported Beer (12 oz small bottle) 4.00 €
(4.34 $)
3.68 €
(4.00 $)
     -7.9 %
Cappuccino (regular) 2.27 €
(2.47 $)
3.39 €
(3.68 $)
     +49.2 %
Coke/Pepsi (12 oz small bottle) 1.76 €
(1.91 $)
1.63 €
(1.77 $)
     -7.7 %
Water (12 oz small bottle) 1.22 €
(1.33 $)
1.22 €
(1.33 $)
     -0.1 %
Markets
Lisbon Edit Panama City Edit
Milk (regular), (1 gallon) 3.62 €
(3.93 $)
6.21 €
(6.75 $)
     +71.5 %
Loaf of Fresh White Bread (1 lb) 1.30 €
(1.41 $)
2.08 €
(2.26 $)
     +60.2 %
Rice (white), (1 lb) 0.65 €
(0.70 $)
0.89 €
(0.97 $)
     +38.0 %
Eggs (regular) (12) 2.85 €
(3.10 $)
2.41 €
(2.62 $)
     -15.5 %
Local Cheese (1 lb) 4.66 €
(5.06 $)
4.85 €
(5.27 $)
     +4.1 %
Chicken Fillets (1 lb) 3.16 €
(3.43 $)
3.18 €
(3.46 $)
     +0.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.70 €
(6.19 $)
3.89 €
(4.22 $)
     -31.8 %
Apples (1 lb) 0.98 €
(1.06 $)
1.27 €
(1.38 $)
     +30.6 %
Banana (1 lb) 0.64 €
(0.69 $)
0.62 €
(0.68 $)
     -1.9 %
Oranges (1 lb) 0.81 €
(0.88 $)
1.14 €
(1.24 $)
     +40.5 %
Tomato (1 lb) 1.02 €
(1.11 $)
1.28 €
(1.39 $)
     +26.0 %
Potato (1 lb) 0.83 €
(0.90 $)
0.87 €
(0.94 $)
     +4.7 %
Onion (1 lb) 0.83 €
(0.91 $)
0.91 €
(0.99 $)
     +9.0 %
Lettuce (1 head) 1.53 €
(1.66 $)
1.91 €
(2.08 $)
     +24.9 %
Water (1.5 liter bottle) 0.80 €
(0.87 $)
1.39 €
(1.51 $)
     +73.1 %
Bottle of Wine (Mid-Range) 5.00 €
(5.43 $)
8.29 €
(9.00 $)
     +65.8 %
Domestic Beer (0.5 liter bottle) 1.30 €
(1.41 $)
1.11 €
(1.21 $)
     -14.3 %
Imported Beer (12 oz small bottle) 2.69 €
(2.92 $)
1.79 €
(1.95 $)
     -33.4 %
Cigarettes 20 Pack (Marlboro) 5.55 €
(6.03 $)
5.41 €
(5.88 $)
     -2.5 %
Transportation
Lisbon Edit Panama City Edit
One-way Ticket (Local Transport) 2.00 €
(2.17 $)
0.32 €
(0.35 $)
     -83.9 %
Monthly Pass (Regular Price) 40.00 €
(43.43 $)
23.03 €
(25.00 $)
     -42.4 %
Taxi Start (Normal Tariff) 3.60 €
(3.91 $)
2.07 €
(2.25 $)
     -42.4 %
Taxi 1 mile (Normal Tariff) 1.13 €
(1.22 $)
2.41 €
(2.62 $)
     +113.8 %
Taxi 1hour Waiting (Normal Tariff) 16.10 €
(17.48 $)
19.34 €
(21.00 $)
     +20.1 %
Gasoline (1 gallon) 6.93 €
(7.52 $)
3.40 €
(3.69 $)
     -51.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 €
(32,572.51 $)
20,492.74 €
(22,250.00 $)
     -31.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,234.29 €
(36,084.14 $)
18,875.83 €
(20,494.44 $)
     -43.2 %
Utilities (Monthly)
Lisbon Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 134.53 €
(146.07 $)
111.22 €
(120.76 $)
     -17.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 22.88 €
(24.84 $)
27.06 €
(29.38 $)
     +18.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.59 €
(41.90 $)
47.61 €
(51.69 $)
     +23.4 %
Sports And Leisure
Lisbon Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 40.52 €
(44.00 $)
39.53 €
(42.92 $)
     -2.5 %
Tennis Court Rent (1 Hour on Weekend) 12.76 €
(13.86 $)
20.72 €
(22.50 $)
     +62.4 %
Cinema, International Release, 1 Seat 8.00 €
(8.69 $)
6.45 €
(7.00 $)
     -19.4 %
Childcare
Lisbon Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 532.46 €
(578.12 $)
381.65 €
(414.38 $)
     -28.3 %
International Primary School, Yearly for 1 Child 13,758.21 €
(14,937.98 $)
8,342.62 €
(9,058.00 $)
     -39.4 %
Clothing And Shoes
Lisbon Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.20 €
(87.08 $)
49.45 €
(53.69 $)
     -38.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.92 €
(37.91 $)
37.22 €
(40.42 $)
     +6.6 %
1 Pair of Nike Running Shoes (Mid-Range) 80.97 €
(87.91 $)
79.38 €
(86.19 $)
     -2.0 %
1 Pair of Men Leather Business Shoes 97.21 €
(105.54 $)
97.54 €
(105.91 $)
     +0.3 %
Rent Per Month
Lisbon Edit Panama City Edit
Apartment (1 bedroom) in City Centre 1,328.81 €
(1,442.76 $)
864.88 €
(939.05 $)
     -34.9 %
Apartment (1 bedroom) Outside of Centre 916.77 €
(995.38 $)
562.09 €
(610.29 $)
     -38.7 %
Apartment (3 bedrooms) in City Centre 2,544.44 €
(2,762.63 $)
1,821.11 €
(1,977.27 $)
     -28.4 %
Apartment (3 bedrooms) Outside of Centre 1,630.77 €
(1,770.61 $)
1,157.42 €
(1,256.67 $)
     -29.0 %
Buy Apartment Price
Lisbon Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 593.91 €
(644.84 $)
217.12 €
(235.74 $)
     -63.4 %
Price per Square Feet to Buy Apartment Outside of Centre 295.50 €
(320.84 $)
131.20 €
(142.45 $)
     -55.6 %
Salaries And Financing
Lisbon Edit Panama City Edit
Average Monthly Net Salary (After Tax) 1,215.15 €
(1,319.34 $)
816.73 €
(886.76 $)
     -32.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 6.02      +51.9 %
Last update: May 2024June 2024
Contributors in the past 12 months:44989