Cost of living in Panama City, Panama vs Ghent, Belgium
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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 602 prices entered by 75 different people.
These prices were last updated on February 26, 2021. Exchange rate: 0.822 EUR / PAB
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Cost of living in Panama City (Panama) is 21% cheaper than in Ghent (Belgium)
For example, to keep the same standard of living that would require €3,100 in Ghent you would need to make just about €2,460 (2,992 B/.) in Panama City.
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