Cost of Living Comparison Between Portugal and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 4.3% lower than in Portugal (excluding rent) | |
| Cost of Living Including Rent in Panama is 4.9% lower than in Portugal | |
| Rent Prices in Panama are 6.1% lower than in Portugal | |
| Restaurant Prices in Panama are 3.0% lower than in Portugal | |
| Groceries Prices in Panama are 10.0% higher than in Portugal | |
| Local Purchasing Power in Panama is 28.5% lower than in Portugal | |
Restaurants | Portugal Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 € (11.41 $) |
8.77 € (10.00 $) |
-12.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
45.00 € (51.33 $) |
43.84 € (50.00 $) |
-2.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 € (9.13 $) |
6.57 € (7.49 $) |
-17.9 % |
| Domestic Beer (1 pint draught) |
2.50 € (2.85 $) |
1.75 € (2.00 $) |
-29.9 % |
| Imported Beer (12 oz small bottle) |
3.00 € (3.42 $) |
3.07 € (3.50 $) |
+2.3 % |
| Cappuccino (regular) |
1.88 € (2.15 $) |
3.04 € (3.47 $) |
+61.6 % |
| Coke/Pepsi (12 oz small bottle) |
1.72 € (1.96 $) |
1.30 € (1.48 $) |
-24.7 % |
| Water (12 oz small bottle) |
1.20 € (1.37 $) |
1.07 € (1.22 $) |
-10.6 % |
Markets | Portugal Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
3.55 € (4.05 $) |
6.01 € (6.85 $) |
+69.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.25 € (1.43 $) |
1.94 € (2.21 $) |
+54.6 % |
| Rice (white), (1 lb) |
0.64 € (0.73 $) |
0.91 € (1.04 $) |
+42.1 % |
| Eggs (regular) (12) |
2.68 € (3.05 $) |
2.34 € (2.67 $) |
-12.7 % |
| Local Cheese (1 lb) |
4.68 € (5.34 $) |
4.65 € (5.31 $) |
-0.5 % |
| Chicken Fillets (1 lb) |
3.02 € (3.44 $) |
2.89 € (3.29 $) |
-4.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.68 € (6.47 $) |
3.57 € (4.08 $) |
-37.0 % |
| Apples (1 lb) |
0.88 € (1.01 $) |
1.61 € (1.83 $) |
+81.6 % |
| Banana (1 lb) |
0.58 € (0.66 $) |
0.53 € (0.60 $) |
-8.9 % |
| Oranges (1 lb) |
0.73 € (0.83 $) |
1.12 € (1.27 $) |
+53.6 % |
| Tomato (1 lb) |
1.00 € (1.14 $) |
1.17 € (1.33 $) |
+17.2 % |
| Potato (1 lb) |
0.67 € (0.76 $) |
0.84 € (0.95 $) |
+25.5 % |
| Onion (1 lb) |
0.79 € (0.90 $) |
0.92 € (1.05 $) |
+16.3 % |
| Lettuce (1 head) |
1.36 € (1.55 $) |
1.82 € (2.08 $) |
+33.9 % |
| Water (1.5 liter bottle) |
0.69 € (0.78 $) |
1.37 € (1.56 $) |
+99.1 % |
| Bottle of Wine (Mid-Range) |
4.99 € (5.69 $) |
8.77 € (10.00 $) |
+75.7 % |
| Domestic Beer (0.5 liter bottle) |
1.12 € (1.27 $) |
1.05 € (1.20 $) |
-5.7 % |
| Imported Beer (12 oz small bottle) |
2.20 € (2.51 $) |
1.88 € (2.15 $) |
-14.4 % |
| Cigarettes 20 Pack (Marlboro) |
5.50 € (6.27 $) |
5.19 € (5.92 $) |
-5.6 % |
Transportation | Portugal Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
2.00 € (2.28 $) |
0.48 € (0.55 $) |
-75.9 % |
| Monthly Pass (Regular Price) |
40.00 € (45.63 $) |
21.92 € (25.00 $) |
-45.2 % |
| Taxi Start (Normal Tariff) |
3.50 € (3.99 $) |
1.97 € (2.25 $) |
-43.6 % |
| Taxi 1 mile (Normal Tariff) |
1.58 € (1.80 $) |
2.82 € (3.22 $) |
+78.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
15.00 € (17.11 $) |
18.41 € (21.00 $) |
+22.7 % |
| Gasoline (1 gallon) |
6.45 € (7.36 $) |
3.08 € (3.51 $) |
-52.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.00 € (34,219.23 $) |
17,534.00 € (20,000.00 $) |
-41.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,056.37 € (38,846.09 $) |
18,818.00 € (21,464.58 $) |
-44.7 % |
Utilities (Monthly) | Portugal Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
115.18 € (131.38 $) |
95.56 € (109.00 $) |
-17.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
18.84 € (21.48 $) |
25.83 € (29.47 $) |
+37.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.16 € (42.39 $) |
42.78 € (48.80 $) |
+15.1 % |
Sports And Leisure | Portugal Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
38.39 € (43.79 $) |
45.86 € (52.30 $) |
+19.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.14 € (16.13 $) |
32.88 € (37.50 $) |
+132.5 % |
| Cinema, International Release, 1 Seat |
7.50 € (8.55 $) |
6.14 € (7.00 $) |
-18.2 % |
Childcare | Portugal Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
438.52 € (500.20 $) |
391.59 € (446.67 $) |
-10.7 % |
| International Primary School, Yearly for 1 Child |
10,370.42 € (11,828.92 $) |
9,139.60 € (10,425.00 $) |
-11.9 % |
Clothing And Shoes | Portugal Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.18 € (91.46 $) |
42.32 € (48.27 $) |
-47.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.71 € (38.45 $) |
36.08 € (41.15 $) |
+7.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
77.72 € (88.65 $) |
73.35 € (83.67 $) |
-5.6 % |
| 1 Pair of Men Leather Business Shoes |
92.33 € (105.32 $) |
96.84 € (110.45 $) |
+4.9 % |
Rent Per Month | Portugal Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
928.85 € (1,059.48 $) |
806.96 € (920.45 $) |
-13.1 % |
| Apartment (1 bedroom) Outside of Centre |
738.42 € (842.28 $) |
612.48 € (698.62 $) |
-17.1 % |
| Apartment (3 bedrooms) in City Centre |
1,597.97 € (1,822.71 $) |
1,582.91 € (1,805.53 $) |
-0.9 % |
| Apartment (3 bedrooms) Outside of Centre |
1,176.01 € (1,341.40 $) |
1,166.01 € (1,330.00 $) |
-0.9 % |
Buy Apartment Price | Portugal Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
342.65 € (390.84 $) |
176.13 € (200.90 $) |
-48.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
246.24 € (280.87 $) |
125.86 € (143.56 $) |
-48.9 % |
Salaries And Financing | Portugal Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
1,065.07 € (1,214.86 $) |
724.40 € (826.28 $) |
-32.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.78 | 6.30 | +31.8 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 1013 | 91 |
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