Cost of Living Comparison Between Rome and Panama City 

Indices DifferenceInfo
Consumer Prices in Panama City are 14.6% lower than in Rome (without rent)
Consumer Prices Including Rent in Panama City are 14.0% lower than in Rome
Rent Prices in Panama City are 12.7% lower than in Rome
Restaurant Prices in Panama City are 13.0% lower than in Rome
Groceries Prices in Panama City are 8.4% lower than in Rome
Local Purchasing Power in Panama City is 45.1% lower than in Rome
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Rome Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(16.15 $)
11.14 €
(12.00 $)
     -25.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(64.61 $)
55.72 €
(60.00 $)
     -7.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.77 $)
7.66 €
(8.25 $)
     -23.4 %
Domestic Beer (1 pint draught) 5.00 €
(5.38 $)
2.32 €
(2.50 $)
     -53.6 %
Imported Beer (12 oz small bottle) 4.00 €
(4.31 $)
3.71 €
(4.00 $)
     -7.1 %
Cappuccino (regular) 1.46 €
(1.57 $)
3.44 €
(3.70 $)
     +136.3 %
Coke/Pepsi (12 oz small bottle) 2.07 €
(2.23 $)
1.63 €
(1.76 $)
     -21.0 %
Water (12 oz small bottle) 1.06 €
(1.14 $)
1.24 €
(1.33 $)
     +16.8 %
Markets
Rome Edit Panama City Edit
Milk (regular), (1 gallon) 5.90 €
(6.35 $)
6.19 €
(6.66 $)
     +4.9 %
Loaf of Fresh White Bread (1 lb) 1.57 €
(1.69 $)
2.02 €
(2.18 $)
     +29.3 %
Rice (white), (1 lb) 1.15 €
(1.23 $)
0.88 €
(0.95 $)
     -22.8 %
Eggs (regular) (12) 3.60 €
(3.88 $)
2.36 €
(2.54 $)
     -34.4 %
Local Cheese (1 lb) 5.84 €
(6.29 $)
4.58 €
(4.93 $)
     -21.6 %
Chicken Fillets (1 lb) 4.71 €
(5.07 $)
3.15 €
(3.39 $)
     -33.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.04 €
(7.58 $)
3.77 €
(4.06 $)
     -46.4 %
Apples (1 lb) 0.94 €
(1.01 $)
1.30 €
(1.40 $)
     +38.6 %
Banana (1 lb) 0.84 €
(0.90 $)
0.58 €
(0.62 $)
     -31.0 %
Oranges (1 lb) 0.87 €
(0.94 $)
1.20 €
(1.30 $)
     +37.6 %
Tomato (1 lb) 1.07 €
(1.15 $)
1.30 €
(1.41 $)
     +22.4 %
Potato (1 lb) 0.66 €
(0.71 $)
0.87 €
(0.94 $)
     +32.1 %
Onion (1 lb) 0.72 €
(0.78 $)
0.91 €
(0.97 $)
     +25.3 %
Lettuce (1 head) 1.14 €
(1.23 $)
2.02 €
(2.18 $)
     +77.6 %
Water (1.5 liter bottle) 0.37 €
(0.40 $)
1.33 €
(1.44 $)
     +261.6 %
Bottle of Wine (Mid-Range) 3.50 €
(3.77 $)
8.36 €
(9.00 $)
     +138.8 %
Domestic Beer (0.5 liter bottle) 1.45 €
(1.57 $)
1.11 €
(1.20 $)
     -23.7 %
Imported Beer (12 oz small bottle) 2.07 €
(2.23 $)
1.72 €
(1.86 $)
     -16.6 %
Cigarettes 20 Pack (Marlboro) 6.00 €
(6.46 $)
5.34 €
(5.75 $)
     -11.0 %
Transportation
Rome Edit Panama City Edit
One-way Ticket (Local Transport) 1.50 €
(1.62 $)
0.33 €
(0.35 $)
     -78.3 %
Monthly Pass (Regular Price) 35.00 €
(37.69 $)
23.22 €
(25.00 $)
     -33.7 %
Taxi Start (Normal Tariff) 4.50 €
(4.85 $)
1.86 €
(2.00 $)
     -58.7 %
Taxi 1 mile (Normal Tariff) 2.41 €
(2.60 $)
2.24 €
(2.41 $)
     -7.1 %
Taxi 1hour Waiting (Normal Tariff) 33.00 €
(35.54 $)
18.57 €
(20.00 $)
     -43.7 %
Gasoline (1 gallon) 6.87 €
(7.40 $)
3.43 €
(3.69 $)
     -50.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,000.00 €
(25,843.97 $)
20,662.46 €
(22,250.00 $)
     -13.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,321.43 €
(27,266.92 $)
19,032.17 €
(20,494.44 $)
     -24.8 %
Utilities (Monthly)
Rome Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 213.03 €
(229.40 $)
104.61 €
(112.65 $)
     -50.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 11.92 €
(12.83 $)
27.24 €
(29.33 $)
     +128.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.57 €
(29.68 $)
48.12 €
(51.82 $)
     +74.6 %
Sports And Leisure
Rome Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 58.00 €
(62.46 $)
38.01 €
(40.93 $)
     -34.5 %
Tennis Court Rent (1 Hour on Weekend) 18.19 €
(19.59 $)
23.22 €
(25.00 $)
     +27.6 %
Cinema, International Release, 1 Seat 10.00 €
(10.77 $)
6.50 €
(7.00 $)
     -35.0 %
Childcare
Rome Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 481.76 €
(518.78 $)
379.01 €
(408.12 $)
     -21.3 %
International Primary School, Yearly for 1 Child 8,816.67 €
(9,494.07 $)
8,985.39 €
(9,675.75 $)
     +1.9 %
Clothing And Shoes
Rome Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 62.30 €
(67.09 $)
50.09 €
(53.94 $)
     -19.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.85 €
(31.06 $)
37.88 €
(40.79 $)
     +31.3 %
1 Pair of Nike Running Shoes (Mid-Range) 74.15 €
(79.84 $)
76.69 €
(82.58 $)
     +3.4 %
1 Pair of Men Leather Business Shoes 95.16 €
(102.47 $)
86.23 €
(92.86 $)
     -9.4 %
Rent Per Month
Rome Edit Panama City Edit
Apartment (1 bedroom) in City Centre 1,079.76 €
(1,162.72 $)
859.85 €
(925.91 $)
     -20.4 %
Apartment (1 bedroom) Outside of Centre 668.59 €
(719.96 $)
555.90 €
(598.61 $)
     -16.9 %
Apartment (3 bedrooms) in City Centre 2,085.47 €
(2,245.70 $)
1,901.88 €
(2,048.00 $)
     -8.8 %
Apartment (3 bedrooms) Outside of Centre 1,237.14 €
(1,332.19 $)
1,108.92 €
(1,194.12 $)
     -10.4 %
Buy Apartment Price
Rome Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 641.41 €
(690.69 $)
212.29 €
(228.61 $)
     -66.9 %
Price per Square Feet to Buy Apartment Outside of Centre 312.00 €
(335.97 $)
125.71 €
(135.37 $)
     -59.7 %
Salaries And Financing
Rome Edit Panama City Edit
Average Monthly Net Salary (After Tax) 1,696.60 €
(1,826.95 $)
800.35 €
(861.84 $)
     -52.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.78 6.07      +27.1 %
Last update: May 2024April 2024
Contributors in the past 12 months:25086