Cost of living in Panama City (Panama) is 18% cheaper than in Malmo (Sweden)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 570 prices entered by 75 different people.
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Food | - 7% | |||
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Food in Panama City (Panama) is 7% cheaper than in Malmo (Sweden) | ||||
Update prices | Update prices | |||
Panama City | Malmo | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 14 B/. (141 kr) | 117 kr | + 21% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (74 kr) | 93 kr | - 20% | |
500 gr (1 lb.) of boneless chicken breast | 3.62 B/. (38 kr) | 55 kr | - 32% | |
1 liter (1 qt.) of whole fat milk | 1.71 B/. (18 kr) | 15 kr | + 15% | |
12 eggs, large | 3.28 B/. (34 kr) | 38 kr | - 11% | |
1 kg (2 lb.) of tomatoes | 2.45 B/. (25 kr) | 34 kr | - 26% | |
500 gr (16 oz.) of local cheese | 6 B/. (63 kr) | 53 kr | + 18% | |
1 kg (2 lb.) of apples | 2.46 B/. (26 kr) | 33 kr | - 22% | |
1 kg (2 lb.) of potatoes | 2.22 B/. (23 kr) | 16 kr | + 41% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.98 B/. (10 kr) | 19 kr | - 46% | |
1 bottle of red table wine, good quality | 12 B/. (120 kr) | 103 kr | + 16% | |
2 liters of coca-cola | 2.61 B/. (27 kr) | 23 kr | + 17% | |
Bread for 2 people for 1 day | 1.27 B/. (13 kr) | 14 kr | - 3% | |
Housing | - 14% | |||
Housing in Panama City (Panama) is 14% cheaper than in Malmo (Sweden) | ||||
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Panama City | Malmo | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,274 B/. (13,197 kr) | 15,740 kr | - 16% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 844 B/. (8,739 kr) | 11,553 kr | - 24% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 141 B/. (1,460 kr) | 2,326 kr | - 37% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 849 B/. (8,789 kr) | 9,190 kr | - 4% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 530 B/. (5,489 kr) | 6,226 kr | - 12% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 91 B/. (940 kr) | 410 kr | + 129% | |
Internet 8 mbps (1 month) | 41 B/. (427 kr) | 359 kr | + 19% | |
40” flat screen tv | 333 B/. (3,453 kr) | 4,279 kr | - 19% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 99 B/. (1,030 kr) | 1,132 kr | - 9% | |
Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (92 kr) | 67 kr | + 38% | |
Hourly rate for cleaning help | 4.57 B/. (47 kr) | 166 kr | - 72% | |
Clothes | - 20% | |||
Clothes in Panama City (Panama) is 20% cheaper than in Malmo (Sweden) | ||||
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Panama City | Malmo | Diff | ||
1 pair of jeans (levis 501 or similar) | 54 B/. (557 kr) | 992 kr | - 44% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 37 B/. (384 kr) | 419 kr | - 8% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 97 B/. (1,008 kr) | 933 kr | + 8% | |
1 pair of men’s leather business shoes | 86 B/. (895 kr) | 1,129 kr | - 21% | |
Transportation | - 45% | |||
Transportation in Panama City (Panama) is 45% cheaper than in Malmo (Sweden) | ||||
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Panama City | Malmo | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,092 B/. (228,808 kr) | 259,042 kr | - 12% | |
1 liter (1/4 gallon) of gas | 1.08 B/. (11 kr) | 17 kr | - 36% | |
Monthly ticket public transport | 29 B/. (302 kr) | 606 kr | - 50% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 8 B/. (80 kr) | 319 kr | - 75% | |
Personal Care | + 29% | |||
Personal Care in Panama City (Panama) is 29% more expensive than in Malmo (Sweden) | ||||
Update prices | Update prices | |||
Panama City | Malmo | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (88 kr) | - | - | |
1 box of antibiotics (12 doses) | 22 B/. (227 kr) | - | - | |
Short visit to private doctor (15 minutes) | 49 B/. (510 kr) | 260 kr | + 96% | |
1 box of 32 tampons (tampax, ob, ...) | 7 B/. (76 kr) | 41 kr | + 87% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.00 B/. (41 kr) | 31 kr | + 36% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (74 kr) | 28 kr | + 159% | |
4 rolls of toilet paper | 3.20 B/. (33 kr) | 28 kr | + 17% | |
Tube of toothpaste | 3.08 B/. (32 kr) | 21 kr | + 50% | |
Standard men's haircut in expat area of the city | 17 B/. (179 kr) | 295 kr | - 39% | |
Entertainment | + 1% | |||
Entertainment in Panama City (Panama) is about the same as in Malmo (Sweden) | ||||
Update prices | Update prices | |||
Panama City | Malmo | Diff | ||
Basic dinner out for two in neighborhood pub | 36 B/. (373 kr) | 415 kr | - 10% | |
2 tickets to the movies | 13 B/. (132 kr) | 274 kr | - 52% | |
2 tickets to the theater (best available seats) | 45 B/. (469 kr) | 819 kr | - 43% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (573 kr) | 750 kr | - 24% | |
1 cocktail drink in downtown club | 10 B/. (98 kr) | 140 kr | - 30% | |
Cappuccino in expat area of the city | 5.62 B/. (58 kr) | 42 kr | + 37% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.84 B/. (29 kr) | 72 kr | - 59% | |
Ipad wi-fi 128gb | 680 B/. (7,045 kr) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.32 B/. (3.36 kr) | 1.78 kr | + 89% | |
1 month of gym membership in business district | 51 B/. (528 kr) | 290 kr | + 82% | |
1 package of marlboro cigarettes | 5.76 B/. (60 kr) | 67 kr | - 11% | |
TOTAL | - 18% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 570 prices entered by 75 different people.
These prices were last updated on March 18, 2024.
Exchange rate:
10.357
SEK
/
PAB
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For example, to keep the same standard of living that would require 49,000 kr in Malmo you would need to make just about 40,100 kr (3,872 B/.) in Panama City.
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