Cost of Living Comparison Between Ireland and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 29.2% lower than in Ireland (without rent) | |
| Cost of Living Including Rent in Panama is 38.1% lower than in Ireland | |
| Rent Prices in Panama are 52.9% lower than in Ireland | |
| Restaurant Prices in Panama are 35.3% lower than in Ireland | |
| Groceries Prices in Panama are 19.6% lower than in Ireland | |
| Local Purchasing Power in Panama is 58.8% lower than in Ireland | |
Restaurants | Ireland Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
16.38 € (17.78 $) |
9.21 € (10.00 $) |
-43.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 € (86.83 $) |
55.28 € (60.00 $) |
-30.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.00 € (9.77 $) |
7.37 € (8.00 $) |
-18.1 % |
| Domestic Beer (1 pint draught) |
6.00 € (6.51 $) |
1.84 € (2.00 $) |
-69.3 % |
| Imported Beer (12 oz small bottle) |
5.50 € (5.97 $) |
2.99 € (3.25 $) |
-45.6 % |
| Cappuccino (regular) |
3.59 € (3.90 $) |
3.22 € (3.50 $) |
-10.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.25 € (2.44 $) |
1.45 € (1.57 $) |
-35.7 % |
| Water (12 oz small bottle) |
1.74 € (1.89 $) |
1.13 € (1.23 $) |
-35.2 % |
Markets | Ireland Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
4.74 € (5.14 $) |
6.04 € (6.56 $) |
+27.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.57 € (1.71 $) |
1.96 € (2.13 $) |
+24.6 % |
| Rice (white), (1 lb) |
0.73 € (0.79 $) |
0.87 € (0.95 $) |
+20.4 % |
| Eggs (regular) (12) |
3.68 € (3.99 $) |
2.29 € (2.48 $) |
-37.8 % |
| Local Cheese (1 lb) |
3.72 € (4.04 $) |
4.34 € (4.71 $) |
+16.6 % |
| Chicken Fillets (1 lb) |
4.26 € (4.62 $) |
3.03 € (3.29 $) |
-28.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.74 € (5.14 $) |
3.47 € (3.77 $) |
-26.6 % |
| Apples (1 lb) |
1.14 € (1.24 $) |
1.34 € (1.46 $) |
+17.4 % |
| Banana (1 lb) |
0.87 € (0.95 $) |
0.56 € (0.60 $) |
-36.2 % |
| Oranges (1 lb) |
1.14 € (1.24 $) |
1.16 € (1.26 $) |
+1.5 % |
| Tomato (1 lb) |
1.44 € (1.57 $) |
1.23 € (1.33 $) |
-15.0 % |
| Potato (1 lb) |
0.79 € (0.86 $) |
0.87 € (0.95 $) |
+9.9 % |
| Onion (1 lb) |
0.59 € (0.64 $) |
0.88 € (0.96 $) |
+49.8 % |
| Lettuce (1 head) |
1.09 € (1.18 $) |
1.78 € (1.93 $) |
+63.0 % |
| Water (1.5 liter bottle) |
1.53 € (1.66 $) |
1.39 € (1.51 $) |
-8.7 % |
| Bottle of Wine (Mid-Range) |
12.00 € (13.02 $) |
8.29 € (9.00 $) |
-30.9 % |
| Domestic Beer (0.5 liter bottle) |
2.98 € (3.24 $) |
1.06 € (1.15 $) |
-64.5 % |
| Imported Beer (12 oz small bottle) |
3.26 € (3.54 $) |
1.73 € (1.88 $) |
-46.9 % |
| Cigarettes 20 Pack (Marlboro) |
15.50 € (16.82 $) |
5.18 € (5.62 $) |
-66.6 % |
Transportation | Ireland Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
2.00 € (2.17 $) |
0.46 € (0.50 $) |
-77.0 % |
| Monthly Pass (Regular Price) |
100.00 € (108.53 $) |
23.03 € (25.00 $) |
-77.0 % |
| Taxi Start (Normal Tariff) |
4.50 € (4.88 $) |
1.84 € (2.00 $) |
-59.1 % |
| Taxi 1 mile (Normal Tariff) |
2.41 € (2.62 $) |
2.59 € (2.82 $) |
+7.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 € (32.56 $) |
18.43 € (20.00 $) |
-38.6 % |
| Gasoline (1 gallon) |
6.72 € (7.29 $) |
3.43 € (3.72 $) |
-49.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
36,675.00 € (39,805.20 $) |
22,343.03 € (24,250.00 $) |
-39.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32,740.82 € (35,535.24 $) |
18,600.88 € (20,188.46 $) |
-43.2 % |
Utilities (Monthly) | Ireland Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
214.36 € (232.66 $) |
89.60 € (97.24 $) |
-58.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
20.72 € (22.49 $) |
27.38 € (29.72 $) |
+32.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.68 € (52.84 $) |
44.99 € (48.83 $) |
-7.6 % |
Sports And Leisure | Ireland Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
47.66 € (51.72 $) |
43.81 € (47.54 $) |
-8.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
20.86 € (22.64 $) |
29.02 € (31.50 $) |
+39.1 % |
| Cinema, International Release, 1 Seat |
12.00 € (13.02 $) |
6.22 € (6.75 $) |
-48.2 % |
Childcare | Ireland Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,082.99 € (1,175.42 $) |
348.07 € (377.78 $) |
-67.9 % |
| International Primary School, Yearly for 1 Child |
8,385.45 € (9,101.15 $) |
7,592.58 € (8,240.60 $) |
-9.5 % |
Clothing And Shoes | Ireland Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.97 € (90.05 $) |
45.10 € (48.95 $) |
-45.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
38.18 € (41.44 $) |
36.18 € (39.26 $) |
-5.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
85.04 € (92.30 $) |
72.59 € (78.78 $) |
-14.6 % |
| 1 Pair of Men Leather Business Shoes |
90.71 € (98.46 $) |
78.56 € (85.26 $) |
-13.4 % |
Rent Per Month | Ireland Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
1,634.87 € (1,774.41 $) |
733.01 € (795.57 $) |
-55.2 % |
| Apartment (1 bedroom) Outside of Centre |
1,424.32 € (1,545.88 $) |
498.40 € (540.94 $) |
-65.0 % |
| Apartment (3 bedrooms) in City Centre |
2,719.09 € (2,951.16 $) |
1,615.26 € (1,753.12 $) |
-40.6 % |
| Apartment (3 bedrooms) Outside of Centre |
2,215.71 € (2,404.82 $) |
922.21 € (1,000.92 $) |
-58.4 % |
Buy Apartment Price | Ireland Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
439.73 € (477.27 $) |
200.15 € (217.23 $) |
-54.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
335.07 € (363.67 $) |
119.84 € (130.06 $) |
-64.2 % |
Salaries And Financing | Ireland Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
2,864.28 € (3,108.74 $) |
730.26 € (792.59 $) |
-74.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.40 | 6.19 | +40.5 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 855 | 119 |
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