Cost of Living Comparison Between Rome and Panama City 

Indices DifferenceInfo
Consumer Prices in Panama City are 14.7% lower than in Rome (without rent)
Consumer Prices Including Rent in Panama City are 14.2% lower than in Rome
Rent Prices in Panama City are 13.1% lower than in Rome
Restaurant Prices in Panama City are 15.0% lower than in Rome
Groceries Prices in Panama City are 8.3% lower than in Rome
Local Purchasing Power in Panama City is 44.9% lower than in Rome
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Rome Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(16.02 $)
11.00 €
(11.75 $)
     -26.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 65.00 €
(69.42 $)
56.18 €
(60.00 $)
     -13.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.68 $)
7.72 €
(8.25 $)
     -22.8 %
Domestic Beer (1 pint draught) 5.00 €
(5.34 $)
2.81 €
(3.00 $)
     -43.8 %
Imported Beer (12 oz small bottle) 4.00 €
(4.27 $)
3.75 €
(4.00 $)
     -6.4 %
Cappuccino (regular) 1.47 €
(1.57 $)
3.48 €
(3.72 $)
     +136.9 %
Coke/Pepsi (12 oz small bottle) 2.09 €
(2.23 $)
1.69 €
(1.81 $)
     -19.2 %
Water (12 oz small bottle) 1.05 €
(1.12 $)
1.25 €
(1.33 $)
     +19.0 %
Markets
Rome Edit Panama City Edit
Milk (regular), (1 gallon) 5.84 €
(6.24 $)
6.16 €
(6.58 $)
     +5.5 %
Loaf of Fresh White Bread (1 lb) 1.58 €
(1.69 $)
2.07 €
(2.21 $)
     +30.9 %
Rice (white), (1 lb) 1.16 €
(1.24 $)
0.87 €
(0.93 $)
     -25.5 %
Eggs (regular) (12) 3.64 €
(3.88 $)
2.36 €
(2.52 $)
     -35.2 %
Local Cheese (1 lb) 5.85 €
(6.25 $)
4.62 €
(4.93 $)
     -21.0 %
Chicken Fillets (1 lb) 4.75 €
(5.08 $)
3.17 €
(3.39 $)
     -33.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.00 €
(7.47 $)
3.81 €
(4.06 $)
     -45.6 %
Apples (1 lb) 0.96 €
(1.02 $)
1.28 €
(1.36 $)
     +33.5 %
Banana (1 lb) 0.86 €
(0.92 $)
0.60 €
(0.65 $)
     -29.7 %
Oranges (1 lb) 0.91 €
(0.97 $)
1.21 €
(1.30 $)
     +33.0 %
Tomato (1 lb) 1.08 €
(1.15 $)
1.34 €
(1.43 $)
     +24.0 %
Potato (1 lb) 0.66 €
(0.70 $)
0.88 €
(0.94 $)
     +34.1 %
Onion (1 lb) 0.73 €
(0.78 $)
0.89 €
(0.96 $)
     +22.8 %
Lettuce (1 head) 1.18 €
(1.26 $)
2.04 €
(2.18 $)
     +73.4 %
Water (1.5 liter bottle) 0.38 €
(0.40 $)
1.35 €
(1.44 $)
     +258.2 %
Bottle of Wine (Mid-Range) 3.50 €
(3.74 $)
7.96 €
(8.50 $)
     +127.4 %
Domestic Beer (0.5 liter bottle) 1.47 €
(1.57 $)
1.15 €
(1.23 $)
     -21.9 %
Imported Beer (12 oz small bottle) 2.07 €
(2.21 $)
1.81 €
(1.93 $)
     -12.8 %
Cigarettes 20 Pack (Marlboro) 6.00 €
(6.41 $)
5.62 €
(6.00 $)
     -6.4 %
Transportation
Rome Edit Panama City Edit
One-way Ticket (Local Transport) 1.50 €
(1.60 $)
0.33 €
(0.35 $)
     -78.2 %
Monthly Pass (Regular Price) 35.00 €
(37.38 $)
23.41 €
(25.00 $)
     -33.1 %
Taxi Start (Normal Tariff) 4.00 €
(4.27 $)
2.11 €
(2.25 $)
     -47.3 %
Taxi 1 mile (Normal Tariff) 2.41 €
(2.58 $)
2.26 €
(2.41 $)
     -6.4 %
Taxi 1hour Waiting (Normal Tariff) 31.50 €
(33.64 $)
18.73 €
(20.00 $)
     -40.6 %
Gasoline (1 gallon) 6.83 €
(7.30 $)
3.48 €
(3.71 $)
     -49.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 €
(26,699.96 $)
20,833.36 €
(22,250.00 $)
     -16.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,625.00 €
(27,367.46 $)
19,189.58 €
(20,494.44 $)
     -25.1 %
Utilities (Monthly)
Rome Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 213.47 €
(227.98 $)
106.55 €
(113.79 $)
     -50.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 11.92 €
(12.73 $)
27.47 €
(29.33 $)
     +130.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.56 €
(29.44 $)
47.84 €
(51.09 $)
     +73.6 %
Sports And Leisure
Rome Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 58.44 €
(62.41 $)
38.86 €
(41.50 $)
     -33.5 %
Tennis Court Rent (1 Hour on Weekend) 18.19 €
(19.43 $)
23.41 €
(25.00 $)
     +28.7 %
Cinema, International Release, 1 Seat 10.00 €
(10.68 $)
6.55 €
(7.00 $)
     -34.5 %
Childcare
Rome Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 477.22 €
(509.67 $)
382.14 €
(408.12 $)
     -19.9 %
International Primary School, Yearly for 1 Child 8,816.67 €
(9,416.19 $)
9,059.70 €
(9,675.75 $)
     +2.8 %
Clothing And Shoes
Rome Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 63.09 €
(67.38 $)
50.50 €
(53.94 $)
     -20.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.59 €
(31.60 $)
38.19 €
(40.79 $)
     +29.0 %
1 Pair of Nike Running Shoes (Mid-Range) 74.44 €
(79.50 $)
77.32 €
(82.58 $)
     +3.9 %
1 Pair of Men Leather Business Shoes 98.59 €
(105.30 $)
86.95 €
(92.86 $)
     -11.8 %
Rent Per Month
Rome Edit Panama City Edit
Apartment (1 bedroom) in City Centre 1,082.14 €
(1,155.73 $)
878.59 €
(938.33 $)
     -18.8 %
Apartment (1 bedroom) Outside of Centre 663.12 €
(708.22 $)
575.35 €
(614.47 $)
     -13.2 %
Apartment (3 bedrooms) in City Centre 2,071.43 €
(2,212.28 $)
1,829.45 €
(1,953.85 $)
     -11.7 %
Apartment (3 bedrooms) Outside of Centre 1,234.72 €
(1,318.68 $)
1,107.99 €
(1,183.33 $)
     -10.3 %
Buy Apartment Price
Rome Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 649.28 €
(693.43 $)
214.05 €
(228.61 $)
     -67.0 %
Price per Square Feet to Buy Apartment Outside of Centre 309.18 €
(330.20 $)
126.75 €
(135.37 $)
     -59.0 %
Salaries And Financing
Rome Edit Panama City Edit
Average Monthly Net Salary (After Tax) 1,706.51 €
(1,822.55 $)
806.97 €
(861.84 $)
     -52.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.78 6.07      +27.1 %
Last update: April 2024April 2024
Contributors in the past 12 months:25486