Cost of Living & Prices:
Spain 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.
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MadridTable of contents
Grocery
Spain vs. Panama - grocery purchase prices. You would pay on average 1.07 times less for grocery shopping in Spain than in Panama.
Apples (1kg)
One kilogram of apples costs 2.31 USD in Spain and 3.04 USD in Panama. The price of this product is 24% lower in Spain.
Banana (1kg)
1 kilogram of bananas costs 2.03 USD in Spain and 1.27 USD in Panama. The price of this product is 37.4% lower in Panama.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 13.08 USD in Spain and 8.12 USD in Panama. The price of this product is 37.9% lower in Panama.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 6 USD in Spain and 9 USD in Panama. The price of this product is 33.3% lower in Spain.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 7.93 USD in Spain and 6.78 USD in Panama. The price of this product is 14.5% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 5.46 USD in Spain and 5.78 USD in Panama. The price of this product is 5.5% lower in Spain.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 1.06 USD in Spain and 1.14 USD in Panama. The price of this product is 7% lower in Spain.
Eggs (regular) (12)
You will pay 2.55 USD for 12 eggs in Spain and 2.14 USD in Panama. The price of this product is 16.1% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.63 USD in Spain and 1.76 USD in Panama. The price of this product is 7.4% lower in Spain.
Johnnie Walker Red Label Whisky 0.7 Litre
A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 16.48 USD in Spain and 22.54 USD in Panama. The price of this product is 26.9% lower in Spain.
Lettuce (1 head)
One head of lettuce costs 1.14 USD in Spain and 1.9 USD in Panama. The price of this product is 40% lower in Spain.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.23 USD in Spain and 2.19 USD in Panama. The price of this product is 43.8% lower in Spain.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 11.39 USD in Spain and 9.73 USD in Panama. The price of this product is 14.6% lower in Panama.
Milk (regular), (1 liter)
One liter of milk costs 0.96 USD in Spain and 1.61 USD in Panama. The price of this product is 40.4% lower in Spain.
Onion (1kg)
One kilogram of onions costs 1.45 USD in Spain and 1.95 USD in Panama. The price of this product is 25.6% lower in Spain.
Oranges (1kg)
One kilogram of oranges costs 1.9 USD in Spain and 2.6 USD in Panama. The price of this product is 26.9% lower in Spain.
Potato (1kg)
One kilogram of potatoes costs 1.36 USD in Spain and 1.95 USD in Panama. The price of this product is 30.3% lower in Spain.
Rice (white), (1kg)
One kilogram of white rice costs 1.34 USD in Spain and 1.81 USD in Panama. The price of this product is 26% lower in Spain.
Smirnoff Red Label Vodka 0.7 Litre
A 0.7 liter bottle of Smirnoff Red Label vodka costs 10.98 USD in Spain and 9.82 USD in Panama. The price of this product is 10.6% lower in Panama.
Tomato (1kg)
One kilogram of tomatoes costs 2.1 USD in Spain and 2.93 USD in Panama. The price of this product is 28.3% lower in Spain.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 0.74 USD in Spain and 1.5 USD in Panama. The price of this product is 50.7% lower in Spain.
Restaurant
Spain vs. Panama - expenses on meals in restaurants. You would pay 1.16 times more for meals in restaurants in Spain than in Panama.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 2.28 USD in Spain and 3.29 USD in Panama. The price of this product is 30.7% lower in Spain.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.53 USD in Spain and 1.52 USD in Panama. The price of this product is 39.9% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 3.75 USD in Spain and 2 USD in Panama. The price of this product is 46.7% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.75 USD in Spain and 3.5 USD in Panama. The price of this product is 6.7% lower in Panama.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 8.57 USD in Spain and 7 USD in Panama. The price of this product is 18.3% 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 53.58 USD in Spain and 50 USD in Panama. The price of this product is 6.7% lower in Panama.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 12.86 USD in Spain and 8 USD in Panama. The price of this product is 37.8% lower in Panama.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.76 USD in Spain and 1.19 USD in Panama. The price of this product is 32.4% lower in Panama.
Fuel
Spain vs. Panama - expenses related to fuel. You would pay 1.77 times more for fuel in Spain than in Panama.
Diesel 1L
A liter of diesel costs 1.65 USD in Spain and 0.91 USD in Panama. The price of this product is 44.8% lower in Panama.
Gasoline 1L
A liter of gasoline costs 1.69 USD in Spain and 0.98 USD in Panama. The price of this product is 42% lower in Panama.
LPG 1L
Transportation
Spain vs. Panama - costs of transportation and public communication. You would pay 1.63 times more for transportation in Spain than in Panama.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 58.51 USD in Spain and 30 USD in Panama. The price of this product is 48.7% lower in Panama.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 1.61 USD in Spain and 0.35 USD in Panama. The price of this product is 78.3% lower in Panama.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 23.57 USD in Spain and 20 USD in Panama. The price of this product is 15.1% lower in Panama.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.18 USD in Spain and 2 USD in Panama. The price of this product is 41% lower in Spain.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 3.75 USD in Spain and 2 USD in Panama. The price of this product is 46.7% lower in Panama.
Sports & entertainment
Spain vs. Panama - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 9.64 USD in Spain and 6 USD in Panama. The price of this product is 37.8% lower in Panama.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 44.37 USD in Spain and 46.09 USD in Panama. The price of this product is 3.7% lower in Spain.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 13.44 USD in Spain and 27.31 USD in Panama. The price of this product is 50.8% lower in Spain.
Flats for rent
Spain vs. Panama - costs of renting an apartment. You would pay about 1.46 times more for renting an apartment in Spain 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 1082 USD in Spain and 777.64 USD in Panama. The price of this product is 28.1% 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 847.79 USD in Spain and 458.86 USD in Panama. The price of this product is 45.9% 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 1874 USD in Spain and 1457 USD in Panama. The price of this product is 22.3% 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 1359 USD in Spain and 830.76 USD in Panama. The price of this product is 38.9% lower in Panama.
Flats for sale
Spain vs. Panama - costs of purchasing an apartment. You would pay 2.95 times more for buying an apartment in Spain 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 5769 USD in Spain and 2039 USD in Panama. The price of this product is 64.7% 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 3811 USD in Spain and 1211 USD in Panama. The price of this product is 68.2% lower in Panama.
Salary
Spain vs. Panama - average salary. The average salary in Spain is 2.81 times higher than in Panama.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 2131 USD in Spain and 757.34 USD in Panama. The average salary is 64.5% lower in Panama.
Hotels
Spain 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) • Spain: 20 cities, 1117 hotels • Panama: 7 cities, 135 hotels