Cost of Living & Prices:
Switzerland vs. Panama
Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.
Table of contents
Grocery
Switzerland vs. Panama - grocery purchase prices. You would pay on average 2.22 times more for grocery shopping in Switzerland than in Panama.
Apples (1kg)
One kilogram of apples costs 3.8 EUR (4.07 USD) in Switzerland and 2.84 EUR (3.04 USD) in Panama. The price of this product is 25.3% lower in Panama.
Banana (1kg)
1 kilogram of bananas costs 2.75 EUR (2.95 USD) in Switzerland and 1.18 EUR (1.27 USD) in Panama. The price of this product is 57.1% lower in Panama.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 52.3 EUR (56.07 USD) in Switzerland and 7.57 EUR (8.12 USD) in Panama. The price of this product is 85.5% lower in Panama.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 13.49 EUR (14.46 USD) in Switzerland and 8.4 EUR (9 USD) in Panama. The price of this product is 37.7% lower in Panama.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 27.37 EUR (29.34 USD) in Switzerland and 6.32 EUR (6.78 USD) in Panama. The price of this product is 76.9% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 9.34 EUR (10.01 USD) in Switzerland and 5.39 EUR (5.78 USD) in Panama. The price of this product is 42.3% lower in Panama.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.13 EUR (2.28 USD) in Switzerland and 1.06 EUR (1.14 USD) in Panama. The price of this product is 50.2% lower in Panama.
Eggs (regular) (12)
You will pay 6.23 EUR (6.68 USD) for 12 eggs in Switzerland and 2 EUR (2.14 USD) in Panama. The price of this product is 67.9% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 2.82 EUR (3.03 USD) in Switzerland and 1.64 EUR (1.76 USD) in Panama. The price of this product is 41.8% lower in Panama.
Johnnie Walker Red Label Whisky 0.7 Litre
A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 15.83 EUR (16.97 USD) in Switzerland and 21.03 EUR (22.54 USD) in Panama. The price of this product is 24.7% lower in Switzerland.
Lettuce (1 head)
One head of lettuce costs 2.32 EUR (2.49 USD) in Switzerland and 1.77 EUR (1.9 USD) in Panama. The price of this product is 23.7% lower in Panama.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 3.11 EUR (3.34 USD) in Switzerland and 2.04 EUR (2.19 USD) in Panama. The price of this product is 34.4% lower in Panama.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 26.77 EUR (28.7 USD) in Switzerland and 9.08 EUR (9.73 USD) in Panama. The price of this product is 66.1% lower in Panama.
Milk (regular), (1 liter)
One liter of milk costs 1.74 EUR (1.87 USD) in Switzerland and 1.5 EUR (1.61 USD) in Panama. The price of this product is 13.8% lower in Panama.
Onion (1kg)
One kilogram of onions costs 2.35 EUR (2.51 USD) in Switzerland and 1.82 EUR (1.95 USD) in Panama. The price of this product is 22.6% lower in Panama.
Oranges (1kg)
One kilogram of oranges costs 3.13 EUR (3.36 USD) in Switzerland and 2.43 EUR (2.6 USD) in Panama. The price of this product is 22.4% lower in Panama.
Potato (1kg)
One kilogram of potatoes costs 2.51 EUR (2.69 USD) in Switzerland and 1.82 EUR (1.95 USD) in Panama. The price of this product is 27.5% lower in Panama.
Rice (white), (1kg)
One kilogram of white rice costs 3.44 EUR (3.68 USD) in Switzerland and 1.69 EUR (1.81 USD) in Panama. The price of this product is 50.9% lower in Panama.
Smirnoff Red Label Vodka 0.7 Litre
A 0.7 liter bottle of Smirnoff Red Label vodka costs 18.76 EUR (20.11 USD) in Switzerland and 9.16 EUR (9.82 USD) in Panama. The price of this product is 51.2% lower in Panama.
Tomato (1kg)
One kilogram of tomatoes costs 4.47 EUR (4.79 USD) in Switzerland and 2.73 EUR (2.93 USD) in Panama. The price of this product is 38.9% lower in Panama.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.38 EUR (1.48 USD) in Switzerland and 1.4 EUR (1.5 USD) in Panama. The price of this product is 1.4% lower in Switzerland.
Restaurant
Switzerland vs. Panama - expenses on meals in restaurants. You would pay 2.75 times more for meals in restaurants in Switzerland than in Panama.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 5.52 EUR (5.92 USD) in Switzerland and 3.07 EUR (3.29 USD) in Panama. The price of this product is 44.4% lower in Panama.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 4.62 EUR (4.95 USD) in Switzerland and 1.42 EUR (1.52 USD) in Panama. The price of this product is 69.3% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 8.3 EUR (8.9 USD) in Switzerland and 1.87 EUR (2 USD) in Panama. The price of this product is 77.5% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 7.26 EUR (7.79 USD) in Switzerland and 3.26 EUR (3.5 USD) in Panama. The price of this product is 55.1% lower in Panama.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 15.57 EUR (16.69 USD) in Switzerland and 6.53 EUR (7 USD) in Panama. The price of this product is 58.1% lower in Panama.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 124.53 EUR (133.5 USD) in Switzerland and 46.64 EUR (50 USD) in Panama. The price of this product is 62.5% lower in Panama.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 25.94 EUR (27.81 USD) in Switzerland and 7.46 EUR (8 USD) in Panama. The price of this product is 71.2% lower in Panama.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 4.3 EUR (4.61 USD) in Switzerland and 1.11 EUR (1.19 USD) in Panama. The price of this product is 74.2% lower in Panama.
Fuel
Switzerland vs. Panama - expenses related to fuel. You would pay 2.24 times more for fuel in Switzerland than in Panama.
Diesel 1L
A liter of diesel costs 2.07 EUR (2.22 USD) in Switzerland and 0.85 EUR (0.91 USD) in Panama. The price of this product is 58.9% lower in Panama.
Gasoline 1L
A liter of gasoline costs 1.89 EUR (2.02 USD) in Switzerland and 0.92 EUR (0.98 USD) in Panama. The price of this product is 51.3% lower in Panama.
LPG 1L
Transportation
Switzerland vs. Panama - costs of transportation and public communication. You would pay 3.83 times more for transportation in Switzerland than in Panama.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 94.44 EUR (101.24 USD) in Switzerland and 27.98 EUR (30 USD) in Panama. The price of this product is 70.4% lower in Panama.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 4.57 EUR (4.9 USD) in Switzerland and 0.33 EUR (0.35 USD) in Panama. The price of this product is 92.8% lower in Panama.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 83.02 EUR (89 USD) in Switzerland and 18.66 EUR (20 USD) in Panama. The price of this product is 77.5% lower in Panama.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 5.19 EUR (5.56 USD) in Switzerland and 1.87 EUR (2 USD) in Panama. The price of this product is 64% lower in Panama.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 7 EUR (7.51 USD) in Switzerland and 1.87 EUR (2 USD) in Panama. The price of this product is 73.3% lower in Panama.
Sports & entertainment
Switzerland vs. Panama - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 20.76 EUR (22.25 USD) in Switzerland and 5.6 EUR (6 USD) in Panama. The price of this product is 73% lower in Panama.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 90.58 EUR (97.1 USD) in Switzerland and 42.99 EUR (46.09 USD) in Panama. The price of this product is 52.5% lower in Panama.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 41.51 EUR (44.5 USD) in Switzerland and 25.48 EUR (27.31 USD) in Panama. The price of this product is 38.6% lower in Panama.
Flats for rent
Switzerland vs. Panama - costs of renting an apartment. You would pay about 3.26 times more for renting an apartment in Switzerland than in Panama.
Apartment (1 bedroom) in City Centre
For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 2166 EUR (2321.92 USD) in Switzerland and 725.4 EUR (777.64 USD) in Panama. The price of this product is 66.5% lower in Panama.
Apartment (1 bedroom) Outside of Centre
For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 1658 EUR (1777.24 USD) in Switzerland and 428.03 EUR (458.86 USD) in Panama. The price of this product is 74.2% lower in Panama.
Apartment (3 bedrooms) in City Centre
For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 4022 EUR (4311.29 USD) in Switzerland and 1359 EUR (1456.58 USD) in Panama. The price of this product is 66.2% lower in Panama.
Apartment (3 bedrooms) Outside of Centre
For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 2869 EUR (3075.96 USD) in Switzerland and 774.95 EUR (830.76 USD) in Panama. The price of this product is 73% lower in Panama.
Flats for sale
Switzerland vs. Panama - costs of purchasing an apartment. You would pay 10.45 times more for buying an apartment in Switzerland than in Panama.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 19943 EUR (21378.99 USD) in Switzerland and 1902 EUR (2038.66 USD) in Panama. The price of this product is 90.5% lower in Panama.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 11716 EUR (12560.19 USD) in Switzerland and 1129 EUR (1210.68 USD) in Panama. The price of this product is 90.4% lower in Panama.
Salary
Switzerland vs. Panama - average salary. The average salary in Switzerland is 9.34 times higher than in Panama.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 6597 EUR (7072.32 USD) in Switzerland and 706.46 EUR (757.34 USD) in Panama. The average salary is 89.3% lower in Panama.
Hotels
Switzerland vs. Panama - prices of accommodation in hostels, guesthouses, and hotels.
One star
Two stars
Three stars
Four stars
Five stars
Average accommodation prices based on Expedia.com data • Update: 29 Jun 2024 (1 night stay for 2 people on 13 Jul 2024) • Switzerland: 19 cities, 365 hotels • Panama: 7 cities, 135 hotels