Cost of Living Comparison Between Panama City and Rome 

Indices DifferenceInfo
Consumer Prices in Rome are 17.1% higher than in Panama City (without rent)
Consumer Prices Including Rent in Rome are 16.3% higher than in Panama City
Rent Prices in Rome are 14.6% higher than in Panama City
Restaurant Prices in Rome are 14.9% higher than in Panama City
Groceries Prices in Rome are 9.2% higher than in Panama City
Local Purchasing Power in Rome is 82.3% higher than in Panama City
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Panama City Edit Rome Edit Difference
Meal, Inexpensive Restaurant 12.00 $
(11.14 €)
16.15 $
(15.00 €)
     +34.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(55.72 €)
64.61 $
(60.00 €)
     +7.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.25 $
(7.66 €)
10.77 $
(10.00 €)
     +30.5 %
Domestic Beer (1 pint draught) 2.50 $
(2.32 €)
5.38 $
(5.00 €)
     +115.4 %
Imported Beer (12 oz small bottle) 4.00 $
(3.71 €)
4.31 $
(4.00 €)
     +7.7 %
Cappuccino (regular) 3.70 $
(3.44 €)
1.57 $
(1.46 €)
     -57.7 %
Coke/Pepsi (12 oz small bottle) 1.76 $
(1.63 €)
2.23 $
(2.07 €)
     +26.6 %
Water (12 oz small bottle) 1.33 $
(1.24 €)
1.14 $
(1.06 €)
     -14.4 %
Markets
Panama City Edit Rome Edit
Milk (regular), (1 gallon) 6.66 $
(6.19 €)
6.35 $
(5.90 €)
     -4.6 %
Loaf of Fresh White Bread (1 lb) 2.18 $
(2.02 €)
1.69 $
(1.57 €)
     -22.6 %
Rice (white), (1 lb) 0.95 $
(0.88 €)
1.23 $
(1.15 €)
     +29.5 %
Eggs (regular) (12) 2.54 $
(2.36 €)
3.88 $
(3.60 €)
     +52.4 %
Local Cheese (1 lb) 4.93 $
(4.58 €)
6.29 $
(5.84 €)
     +27.5 %
Chicken Fillets (1 lb) 3.39 $
(3.15 €)
5.07 $
(4.71 €)
     +49.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.06 $
(3.77 €)
7.58 $
(7.04 €)
     +86.4 %
Apples (1 lb) 1.40 $
(1.30 €)
1.01 $
(0.94 €)
     -27.9 %
Banana (1 lb) 0.62 $
(0.58 €)
0.90 $
(0.84 €)
     +44.9 %
Oranges (1 lb) 1.30 $
(1.20 €)
0.94 $
(0.87 €)
     -27.3 %
Tomato (1 lb) 1.41 $
(1.30 €)
1.15 $
(1.07 €)
     -18.3 %
Potato (1 lb) 0.94 $
(0.87 €)
0.71 $
(0.66 €)
     -24.3 %
Onion (1 lb) 0.97 $
(0.91 €)
0.78 $
(0.72 €)
     -20.2 %
Lettuce (1 head) 2.18 $
(2.02 €)
1.23 $
(1.14 €)
     -43.7 %
Water (1.5 liter bottle) 1.44 $
(1.33 €)
0.40 $
(0.37 €)
     -72.3 %
Bottle of Wine (Mid-Range) 9.00 $
(8.36 €)
3.77 $
(3.50 €)
     -58.1 %
Domestic Beer (0.5 liter bottle) 1.20 $
(1.11 €)
1.57 $
(1.45 €)
     +31.0 %
Imported Beer (12 oz small bottle) 1.86 $
(1.72 €)
2.23 $
(2.07 €)
     +19.9 %
Cigarettes 20 Pack (Marlboro) 5.75 $
(5.34 €)
6.46 $
(6.00 €)
     +12.4 %
Transportation
Panama City Edit Rome Edit
One-way Ticket (Local Transport) 0.35 $
(0.33 €)
1.62 $
(1.50 €)
     +361.5 %
Monthly Pass (Regular Price) 25.00 $
(23.22 €)
37.69 $
(35.00 €)
     +50.8 %
Taxi Start (Normal Tariff) 2.00 $
(1.86 €)
4.85 $
(4.50 €)
     +142.3 %
Taxi 1 mile (Normal Tariff) 2.41 $
(2.24 €)
2.60 $
(2.41 €)
     +7.7 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $
(18.57 €)
35.54 $
(33.00 €)
     +77.7 %
Gasoline (1 gallon) 3.69 $
(3.43 €)
7.40 $
(6.87 €)
     +100.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,250.00 $
(20,662.46 €)
25,843.97 $
(24,000.00 €)
     +16.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,494.44 $
(19,032.17 €)
27,266.92 $
(25,321.43 €)
     +33.0 %
Utilities (Monthly)
Panama City Edit Rome Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 112.65 $
(104.61 €)
229.40 $
(213.03 €)
     +103.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.33 $
(27.24 €)
12.83 $
(11.92 €)
     -56.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 51.82 $
(48.12 €)
29.68 $
(27.57 €)
     -42.7 %
Sports And Leisure
Panama City Edit Rome Edit
Fitness Club, Monthly Fee for 1 Adult 40.93 $
(38.01 €)
62.46 $
(58.00 €)
     +52.6 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $
(23.22 €)
19.59 $
(18.19 €)
     -21.6 %
Cinema, International Release, 1 Seat 7.00 $
(6.50 €)
10.77 $
(10.00 €)
     +53.8 %
Childcare
Panama City Edit Rome Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 408.12 $
(379.01 €)
518.78 $
(481.76 €)
     +27.1 %
International Primary School, Yearly for 1 Child 9,675.75 $
(8,985.39 €)
9,494.07 $
(8,816.67 €)
     -1.9 %
Clothing And Shoes
Panama City Edit Rome Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.94 $
(50.09 €)
67.09 $
(62.30 €)
     +24.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.79 $
(37.88 €)
31.06 $
(28.85 €)
     -23.8 %
1 Pair of Nike Running Shoes (Mid-Range) 82.58 $
(76.69 €)
79.84 $
(74.15 €)
     -3.3 %
1 Pair of Men Leather Business Shoes 92.86 $
(86.23 €)
102.47 $
(95.16 €)
     +10.3 %
Rent Per Month
Panama City Edit Rome Edit
Apartment (1 bedroom) in City Centre 925.91 $
(859.85 €)
1,162.72 $
(1,079.76 €)
     +25.6 %
Apartment (1 bedroom) Outside of Centre 598.61 $
(555.90 €)
719.96 $
(668.59 €)
     +20.3 %
Apartment (3 bedrooms) in City Centre 2,048.00 $
(1,901.88 €)
2,245.70 $
(2,085.47 €)
     +9.7 %
Apartment (3 bedrooms) Outside of Centre 1,194.12 $
(1,108.92 €)
1,332.19 $
(1,237.14 €)
     +11.6 %
Buy Apartment Price
Panama City Edit Rome Edit
Price per Square Feet to Buy Apartment in City Centre 228.61 $
(212.29 €)
690.69 $
(641.41 €)
     +202.1 %
Price per Square Feet to Buy Apartment Outside of Centre 135.37 $
(125.71 €)
335.97 $
(312.00 €)
     +148.2 %
Salaries And Financing
Panama City Edit Rome Edit
Average Monthly Net Salary (After Tax) 861.84 $
(800.35 €)
1,826.95 $
(1,696.60 €)
     +112.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 4.78      -21.4 %
Last update: April 2024May 2024
Contributors in the past 12 months:86250