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.
Panama
Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antarctica
Antigua and Barbuda
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Armenia
Aruba
Australia
Austria
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Brazil
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Myanmar (Burma)
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Canada
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Chile
China
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Denmark
Djibouti
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Dominican Republic
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The Gambia
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Germany
Ghana
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Guam
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Laos
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Libya
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Malaysia
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Mali
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Mayotte
Mexico
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Mongolia
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Morocco
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Namibia
Nauru
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
North Korea
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Northern Mariana Islands
Norway
Oman
Pakistan
Palau
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Island
Poland
Portugal
Puerto Rico
Qatar
Republic of the Congo
Reunion
Romania
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Eswatini (Swaziland)
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor Leste
Togo
Tokelau
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
US Virgin Islands
Uzbekistan
Vanuatu
Vatican
Venezuela
Vietnam
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
New York, NYTable 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 3.04 USD in Panama and 5.84 USD in the United States. The price of this product is 47.9% lower in Panama.
Banana (1kg)
1 kilogram of bananas costs 1.27 USD in Panama and 2.39 USD in the United States. The price of this product is 46.9% lower in Panama.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 8.12 USD in Panama and 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 9 USD in Panama and 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 6.78 USD in Panama and 17.42 USD in the United States. The price of this product is 61.1% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 5.78 USD in Panama and 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 1.14 USD in Panama and 3.21 USD in the United States. The price of this product is 64.5% lower in Panama.
Eggs (regular) (12)
You will pay 2.14 USD for 12 eggs in Panama and 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 1.76 USD in Panama and 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 22.54 USD in Panama and 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 1.9 USD in Panama and 2.84 USD in the United States. The price of this product is 33.1% lower in Panama.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 2.19 USD in Panama and 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 9.73 USD in Panama and 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 1.61 USD in Panama and 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 1.95 USD in Panama and 3.9 USD in the United States. The price of this product is 50% lower in Panama.
Oranges (1kg)
One kilogram of oranges costs 2.6 USD in Panama and 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 1.95 USD in Panama and 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 1.81 USD in Panama and 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 9.82 USD in Panama and 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 2.93 USD in Panama and 6.25 USD in the United States. The price of this product is 53.1% lower in Panama.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.5 USD in Panama and 2.5 USD in the United States. The price of this product is 40% 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 3.29 USD in Panama and 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 1.52 USD in Panama and 2.8 USD in the United States. The price of this product is 45.7% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 2 USD in Panama and 8 USD in the United States. The price of this product is 75% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.5 USD in Panama and 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 7 USD in Panama and 12 USD in the United States. The price of this product is 41.7% 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 50 USD in Panama and 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 8 USD in Panama and 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 1.19 USD in Panama and 2.2 USD in the United States. The price of this product is 45.9% 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 0.91 USD in Panama and 1.09 USD in the United States. The price of this product is 16.5% lower in Panama.
Gasoline 1L
A liter of gasoline costs 0.98 USD in Panama and 0.92 USD in the United States. The price of this product is 6.1% 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 30 USD in Panama and 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 0.35 USD in Panama and 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 20 USD in Panama and 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 2 USD in Panama and 1.86 USD in the United States. The price of this product is 7% lower in the United States.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 2 USD in Panama and 4.5 USD in the United States. The price of this product is 55.6% 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 6 USD in Panama and 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 46.09 USD in Panama and 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 27.31 USD in Panama and 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 777.64 USD in Panama and 3800 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 458.86 USD in Panama and 2380 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 1457 USD in Panama and 7094 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 830.76 USD in Panama and 4107 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 2039 USD in Panama and 14278 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 1211 USD in Panama and 9275 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 757.34 USD in Panama and 5997 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 May 2024 (1 night stay for 2 people on 29 May 2024) • Panama: 7 cities, 146 hotels • United States: 20 cities, 3791 hotels