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  3. Cost of Living & Prices: United States vs. Panama

Cost of Living & Prices:
United States 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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Table of contents

Grocery

EURUSD

United States vs. Panama - grocery purchase prices. You would pay on average 1.83 times more for grocery shopping in the United States than in Panama.

Apples (1kg)

One kilogram of apples costs 5.32 EUR (5.84 USD) in the United States and 2.77 EUR (3.04 USD) in Panama. The price of this product is 47.9% lower in Panama.

5.32 EUR
2.77 EUR

Banana (1kg)

1 kilogram of bananas costs 2.18 EUR (2.39 USD) in the United States and 1.16 EUR (1.27 USD) in Panama. The price of this product is 46.8% lower in Panama.

2.18 EUR
1.16 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 19.11 EUR (20.99 USD) in the United States and 7.39 EUR (8.12 USD) in Panama. The price of this product is 61.3% lower in Panama.

19.11 EUR
7.39 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 16.39 EUR (18 USD) in the United States and 8.2 EUR (9 USD) in Panama. The price of this product is 50% lower in Panama.

16.39 EUR
8.20 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 15.86 EUR (17.42 USD) in the United States and 6.17 EUR (6.78 USD) in Panama. The price of this product is 61.1% lower in Panama.

15.86 EUR
6.17 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 14.57 EUR (16 USD) in the United States and 5.26 EUR (5.78 USD) in Panama. The price of this product is 63.9% lower in Panama.

14.57 EUR
5.26 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 2.92 EUR (3.21 USD) in the United States and 1.04 EUR (1.14 USD) in Panama. The price of this product is 64.4% lower in Panama.

2.92 EUR
1.04 EUR

Eggs (regular) (12)

You will pay 4.32 EUR (4.74 USD) for 12 eggs in the United States and 1.95 EUR (2.14 USD) in Panama. The price of this product is 54.9% lower in Panama.

4.32 EUR
1.95 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.58 EUR (3.93 USD) in the United States and 1.6 EUR (1.76 USD) in Panama. The price of this product is 55.3% lower in Panama.

3.58 EUR
1.60 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 22.76 EUR (24.99 USD) in the United States and 20.52 EUR (22.54 USD) in Panama. The price of this product is 9.8% lower in Panama.

22.76 EUR
20.52 EUR

Lettuce (1 head)

One head of lettuce costs 2.59 EUR (2.84 USD) in the United States and 1.73 EUR (1.9 USD) in Panama. The price of this product is 33.2% lower in Panama.

2.59 EUR
1.73 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 3.89 EUR (4.27 USD) in the United States and 1.99 EUR (2.19 USD) in Panama. The price of this product is 48.8% lower in Panama.

3.89 EUR
1.99 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 15.22 EUR (16.71 USD) in the United States and 8.86 EUR (9.73 USD) in Panama. The price of this product is 41.8% lower in Panama.

15.22 EUR
8.86 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.14 EUR (1.25 USD) in the United States and 1.47 EUR (1.61 USD) in Panama. The price of this product is 22.4% lower in the United States.

1.14 EUR
1.47 EUR

Onion (1kg)

One kilogram of onions costs 3.55 EUR (3.9 USD) in the United States and 1.78 EUR (1.95 USD) in Panama. The price of this product is 49.9% lower in Panama.

3.55 EUR
1.78 EUR

Oranges (1kg)

One kilogram of oranges costs 4.85 EUR (5.33 USD) in the United States and 2.37 EUR (2.6 USD) in Panama. The price of this product is 51.1% lower in Panama.

4.85 EUR
2.37 EUR

Potato (1kg)

One kilogram of potatoes costs 3.88 EUR (4.26 USD) in the United States and 1.78 EUR (1.95 USD) in Panama. The price of this product is 54.1% lower in Panama.

3.88 EUR
1.78 EUR

Rice (white), (1kg)

One kilogram of white rice costs 7.49 EUR (8.22 USD) in the United States and 1.65 EUR (1.81 USD) in Panama. The price of this product is 78% lower in Panama.

7.49 EUR
1.65 EUR

Smirnoff Red Label Vodka 0.7 Litre

A 0.7 liter bottle of Smirnoff Red Label vodka costs 8.18 EUR (8.98 USD) in the United States and 8.94 EUR (9.82 USD) in Panama. The price of this product is 8.5% lower in the United States.

8.18 EUR
8.94 EUR

Tomato (1kg)

One kilogram of tomatoes costs 5.69 EUR (6.25 USD) in the United States and 2.67 EUR (2.93 USD) in Panama. The price of this product is 53.1% lower in Panama.

5.69 EUR
2.67 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 2.28 EUR (2.5 USD) in the United States and 1.37 EUR (1.5 USD) in Panama. The price of this product is 39.9% lower in Panama.

2.28 EUR
1.37 EUR

Restaurant

EURUSD

United States vs. Panama - expenses on meals in restaurants. You would pay 2.16 times more for meals in restaurants in the United States than in Panama.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 4.75 EUR (5.22 USD) in the United States and 3 EUR (3.29 USD) in Panama. The price of this product is 36.8% lower in Panama.

4.75 EUR
3.00 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.55 EUR (2.8 USD) in the United States and 1.38 EUR (1.52 USD) in Panama. The price of this product is 45.9% lower in Panama.

2.55 EUR
1.38 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 7.28 EUR (8 USD) in the United States and 1.82 EUR (2 USD) in Panama. The price of this product is 75% lower in Panama.

7.28 EUR
1.82 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 9.11 EUR (10 USD) in the United States and 3.19 EUR (3.5 USD) in Panama. The price of this product is 65% lower in Panama.

9.11 EUR
3.19 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10.93 EUR (12 USD) in the United States and 6.37 EUR (7 USD) in Panama. The price of this product is 41.7% lower in Panama.

10.93 EUR
6.37 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 91.06 EUR (100 USD) in the United States and 45.53 EUR (50 USD) in Panama. The price of this product is 50% lower in Panama.

91.06 EUR
45.53 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 22.77 EUR (25 USD) in the United States and 7.28 EUR (8 USD) in Panama. The price of this product is 68% lower in Panama.

22.77 EUR
7.28 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 2 EUR (2.2 USD) in the United States and 1.08 EUR (1.19 USD) in Panama. The price of this product is 46% lower in Panama.

2.00 EUR
1.08 EUR

Fuel

EURUSD

United States vs. Panama - expenses related to fuel. You would pay 1.06 times more for fuel in the United States than in Panama.

Diesel 1L

A liter of diesel costs 0.86 EUR (0.95 USD) in the United States and 0.75 EUR (0.82 USD) in Panama. The price of this product is 12.8% lower in Panama.

0.86 EUR
0.75 EUR

Gasoline 1L

A liter of gasoline costs 0.84 EUR (0.92 USD) in the United States and 0.86 EUR (0.94 USD) in Panama. The price of this product is 2.3% lower in the United States.

0.84 EUR
0.86 EUR

Transportation

EURUSD

United States vs. Panama - costs of transportation and public communication. You would pay 3.09 times more for transportation in the United States than in Panama.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 117.47 EUR (129 USD) in the United States and 27.32 EUR (30 USD) in Panama. The price of this product is 76.7% lower in Panama.

117.47 EUR
27.32 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.5 EUR (2.75 USD) in the United States and 0.32 EUR (0.35 USD) in Panama. The price of this product is 87.2% lower in Panama.

2.50 EUR
0.32 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 27.32 EUR (30 USD) in the United States and 18.21 EUR (20 USD) in Panama. The price of this product is 33.3% lower in Panama.

27.32 EUR
18.21 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.69 EUR (1.86 USD) in the United States and 1.82 EUR (2 USD) in Panama. The price of this product is 7.1% lower in the United States.

1.69 EUR
1.82 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 4.1 EUR (4.5 USD) in the United States and 1.82 EUR (2 USD) in Panama. The price of this product is 55.6% lower in Panama.

4.10 EUR
1.82 EUR

Sports & entertainment

EURUSD

United States vs. Panama - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 16.39 EUR (18 USD) in the United States and 5.46 EUR (6 USD) in Panama. The price of this product is 66.7% lower in Panama.

16.39 EUR
5.46 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 89.48 EUR (98.26 USD) in the United States and 41.97 EUR (46.09 USD) in Panama. The price of this product is 53.1% lower in Panama.

89.48 EUR
41.97 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 34.6 EUR (38 USD) in the United States and 24.87 EUR (27.31 USD) in Panama. The price of this product is 28.1% lower in Panama.

34.60 EUR
24.87 EUR

Flats for rent

EURUSD

United States vs. Panama - costs of renting an apartment. You would pay about 4.93 times more for renting an apartment in the United States 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 3461 EUR (3800.48 USD) in the United States and 708.12 EUR (777.64 USD) in Panama. The price of this product is 79.5% lower in Panama.

3 461 EUR
708.12 EUR

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 2167 EUR (2380.18 USD) in the United States and 417.84 EUR (458.86 USD) in Panama. The price of this product is 80.7% lower in Panama.

2 167 EUR
417.84 EUR

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 6460 EUR (7094.09 USD) in the United States and 1326 EUR (1456.58 USD) in Panama. The price of this product is 79.5% lower in Panama.

6 460 EUR
1 326 EUR

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 3740 EUR (4107.47 USD) in the United States and 756.49 EUR (830.76 USD) in Panama. The price of this product is 79.8% lower in Panama.

3 740 EUR
756.49 EUR

Flats for sale

EURUSD

United States vs. Panama - costs of purchasing an apartment. You would pay 7.25 times more for buying an apartment in the United States 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 13001 EUR (14277.9 USD) in the United States and 1856 EUR (2038.66 USD) in Panama. The price of this product is 85.7% lower in Panama.

13 001 EUR
1 856 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 8446 EUR (9275.19 USD) in the United States and 1102 EUR (1210.68 USD) in Panama. The price of this product is 87% lower in Panama.

8 446 EUR
1 102 EUR

Salary

EURUSD

United States vs. Panama - average salary. The average salary in the United States is 7.92 times higher than in Panama.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 5461 EUR (5996.99 USD) in the United States and 689.64 EUR (757.34 USD) in Panama. The average salary is 87.4% lower in Panama.

5 461 EUR
689.64 EUR

Hotels

EURUSD

United States vs. Panama - prices of accommodation in hostels, guesthouses, and hotels.

One star

94.5 EUR
50.5 EUR

Two stars

133 EUR
108 EUR

Three stars

178 EUR
160 EUR

Four stars

230 EUR
159 EUR

Five stars

547 EUR
270 EUR

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • United States: 20 cities, 3762 hotels • Panama: 6 cities, 124 hotels

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