Cost of Living & Prices:
Panama vs. United States
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
Panama vs. United States - grocery purchase prices. You would pay on average 1.83 times less for grocery shopping in Panama than in the United States.
Apples (1kg)
One kilogram of apples costs 2.77 EUR (3.04 USD) in Panama and 5.33 EUR (5.84 USD) in the United States. The price of this product is 48% lower in Panama.
Banana (1kg)
1 kilogram of bananas costs 1.16 EUR (1.27 USD) in Panama and 2.18 EUR (2.39 USD) in the United States. The price of this product is 46.8% lower in Panama.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 7.41 EUR (8.12 USD) in Panama and 19.15 EUR (20.99 USD) in the United States. The price of this product is 61.3% lower in Panama.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 8.21 EUR (9 USD) in Panama and 16.42 EUR (18 USD) in the United States. The price of this product is 50% lower in Panama.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 6.19 EUR (6.78 USD) in Panama and 15.89 EUR (17.42 USD) in the United States. The price of this product is 61% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 5.27 EUR (5.78 USD) in Panama and 14.6 EUR (16 USD) in the United States. The price of this product is 63.9% lower in Panama.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 1.04 EUR (1.14 USD) in Panama and 2.93 EUR (3.21 USD) in the United States. The price of this product is 64.5% lower in Panama.
Eggs (regular) (12)
You will pay 1.95 EUR (2.14 USD) for 12 eggs in Panama and 4.32 EUR (4.74 USD) in the United States. The price of this product is 54.9% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.61 EUR (1.76 USD) in Panama and 3.59 EUR (3.93 USD) in the United States. The price of this product is 55.2% lower in Panama.
Johnnie Walker Red Label Whisky 0.7 Litre
A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 20.57 EUR (22.54 USD) in Panama and 22.8 EUR (24.99 USD) in the United States. The price of this product is 9.8% lower in Panama.
Lettuce (1 head)
One head of lettuce costs 1.73 EUR (1.9 USD) in Panama and 2.59 EUR (2.84 USD) in the United States. The price of this product is 33.2% lower in Panama.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 2 EUR (2.19 USD) in Panama and 3.9 EUR (4.27 USD) in the United States. The price of this product is 48.7% lower in Panama.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 8.88 EUR (9.73 USD) in Panama and 15.25 EUR (16.71 USD) in the United States. The price of this product is 41.8% lower in Panama.
Milk (regular), (1 liter)
One liter of milk costs 1.47 EUR (1.61 USD) in Panama and 1.14 EUR (1.25 USD) in the United States. The price of this product is 22.4% lower in the United States.
Onion (1kg)
One kilogram of onions costs 1.78 EUR (1.95 USD) in Panama and 3.56 EUR (3.9 USD) in the United States. The price of this product is 50% lower in Panama.
Oranges (1kg)
One kilogram of oranges costs 2.37 EUR (2.6 USD) in Panama and 4.86 EUR (5.33 USD) in the United States. The price of this product is 51.2% lower in Panama.
Potato (1kg)
One kilogram of potatoes costs 1.78 EUR (1.95 USD) in Panama and 3.89 EUR (4.26 USD) in the United States. The price of this product is 54.2% lower in Panama.
Rice (white), (1kg)
One kilogram of white rice costs 1.65 EUR (1.81 USD) in Panama and 7.5 EUR (8.22 USD) in the United States. The price of this product is 78% lower in Panama.
Smirnoff Red Label Vodka 0.7 Litre
A 0.7 liter bottle of Smirnoff Red Label vodka costs 8.96 EUR (9.82 USD) in Panama and 8.19 EUR (8.98 USD) in the United States. The price of this product is 8.6% lower in the United States.
Tomato (1kg)
One kilogram of tomatoes costs 2.67 EUR (2.93 USD) in Panama and 5.7 EUR (6.25 USD) in the United States. The price of this product is 53.2% lower in Panama.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.37 EUR (1.5 USD) in Panama and 2.28 EUR (2.5 USD) in the United States. The price of this product is 39.9% lower in Panama.
Restaurant
Panama vs. United States - expenses on meals in restaurants. You would pay 2.16 times less for meals in restaurants in Panama than in the United States.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 3 EUR (3.29 USD) in Panama and 4.76 EUR (5.22 USD) in the United States. The price of this product is 37% lower in Panama.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.39 EUR (1.52 USD) in Panama and 2.55 EUR (2.8 USD) in the United States. The price of this product is 45.5% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 1.82 EUR (2 USD) in Panama and 7.3 EUR (8 USD) in the United States. The price of this product is 75.1% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.19 EUR (3.5 USD) in Panama and 9.12 EUR (10 USD) in the United States. The price of this product is 65% lower in Panama.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 6.39 EUR (7 USD) in Panama and 10.95 EUR (12 USD) in the United States. The price of this product is 41.6% 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 45.62 EUR (50 USD) in Panama and 91.24 EUR (100 USD) in the United States. The price of this product is 50% lower in Panama.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 7.3 EUR (8 USD) in Panama and 22.81 EUR (25 USD) in the United States. The price of this product is 68% lower in Panama.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.09 EUR (1.19 USD) in Panama and 2.01 EUR (2.2 USD) in the United States. The price of this product is 45.8% lower in Panama.
Fuel
Panama vs. United States - expenses related to fuel. You would pay 1.06 times less for fuel in Panama than in the United States.
Diesel 1L
A liter of diesel costs 0.75 EUR (0.82 USD) in Panama and 0.86 EUR (0.95 USD) in the United States. The price of this product is 12.8% lower in Panama.
Gasoline 1L
A liter of gasoline costs 0.86 EUR (0.94 USD) in Panama and 0.84 EUR (0.92 USD) in the United States. The price of this product is 2.3% lower in the United States.
Transportation
Panama vs. United States - costs of transportation and public communication. You would pay 3.09 times less for transportation in Panama than in the United States.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 27.37 EUR (30 USD) in Panama and 117.7 EUR (129 USD) in the United States. The price of this product is 76.7% lower in Panama.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 0.32 EUR (0.35 USD) in Panama and 2.51 EUR (2.75 USD) in the United States. The price of this product is 87.3% lower in Panama.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 18.25 EUR (20 USD) in Panama and 27.37 EUR (30 USD) in the United States. The price of this product is 33.3% lower in Panama.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.82 EUR (2 USD) in Panama and 1.7 EUR (1.86 USD) in the United States. The price of this product is 6.6% lower in the United States.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 1.82 EUR (2 USD) in Panama and 4.11 EUR (4.5 USD) in the United States. The price of this product is 55.7% lower in Panama.
Sports & entertainment
Panama vs. United States - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 5.47 EUR (6 USD) in Panama and 16.42 EUR (18 USD) in the United States. The price of this product is 66.7% lower in Panama.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 42.05 EUR (46.09 USD) in Panama and 89.66 EUR (98.26 USD) in the United States. The price of this product is 53.1% lower in Panama.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 24.92 EUR (27.31 USD) in Panama and 34.67 EUR (38 USD) in the United States. The price of this product is 28.1% lower in Panama.
Flats for rent
Panama vs. United States - costs of renting an apartment. You would pay about 4.93 times less for renting an apartment in Panama than in the United States.
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 709.55 EUR (777.64 USD) in Panama and 3468 EUR (3800.48 USD) in the United States. The price of this product is 79.5% 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 418.68 EUR (458.86 USD) in Panama and 2172 EUR (2380.18 USD) in the United States. The price of this product is 80.7% 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 1329 EUR (1456.58 USD) in Panama and 6473 EUR (7094.09 USD) in the United States. The price of this product is 79.5% 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 758.02 EUR (830.76 USD) in Panama and 3748 EUR (4107.47 USD) in the United States. The price of this product is 79.8% lower in Panama.
Flats for sale
Panama vs. United States - costs of purchasing an apartment. You would pay 7.25 times less for buying an apartment in Panama than in the United States.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 1860 EUR (2038.66 USD) in Panama and 13028 EUR (14277.9 USD) in the United States. The price of this product is 85.7% 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 1105 EUR (1210.68 USD) in Panama and 8463 EUR (9275.19 USD) in the United States. The price of this product is 86.9% lower in Panama.
Salary
Panama vs. United States - average salary. The average salary in Panama is 7.92 times lower than in the United States.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 691.02 EUR (757.34 USD) in Panama and 5472 EUR (5996.99 USD) in the United States. The average salary is 87.4% lower in Panama.
Hotels
Panama vs. United States - 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: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Panama: 6 cities, 124 hotels • United States: 20 cities, 3762 hotels