Cost of living in Panama compared to Brazil
Currency:
| Food | + 57% | |||
|---|---|---|---|---|
| Food in Panama is 57% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 14 B/. (R$ 71) | R$ 35 | + 107% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (R$ 39) | R$ 33 | + 17% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.91 B/. (R$ 20) | R$ 11 | + 75% | |
| 1 liter (1 qt.) of whole fat milk | 1.63 B/. (R$ 8) | R$ 5.73 | + 45% | |
| 12 eggs, large | 2.85 B/. (R$ 15) | R$ 12 | + 23% | |
| 1 kg (2 lb.) of tomatoes | 2.07 B/. (R$ 11) | R$ 8 | + 37% | |
| 500 gr (16 oz.) of local cheese | 7 B/. (R$ 37) | R$ 25 | + 44% | |
| 1 kg (2 lb.) of apples | 2.55 B/. (R$ 13) | R$ 9 | + 46% | |
| 1 kg (2 lb.) of potatoes | 1.96 B/. (R$ 10) | R$ 5.80 | + 73% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.51 B/. (R$ 8) | R$ 5.92 | + 30% | |
| 1 bottle of red table wine, good quality | 13 B/. (R$ 68) | R$ 44 | + 54% | |
| 2 liters of coca-cola | 2.44 B/. (R$ 12) | R$ 9 | + 43% | |
| Bread for 2 people for 1 day | 1.61 B/. (R$ 8) | R$ 4.62 | + 78% | |
| Housing | + 75% | |||
| Housing in Panama is 75% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,273 B/. (R$ 6,497) | R$ 3,549 | + 83% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 852 B/. (R$ 4,350) | R$ 2,482 | + 75% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 127 B/. (R$ 650) | R$ 645 | + 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 908 B/. (R$ 4,632) | R$ 2,669 | + 74% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 556 B/. (R$ 2,838) | R$ 1,724 | + 65% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 78 B/. (R$ 400) | R$ 600 | - 33% | |
| Internet 8 mbps (1 month) | 46 B/. (R$ 236) | R$ 89 | + 166% | |
| 40” flat screen tv | 340 B/. (R$ 1,734) | R$ 2,002 | - 13% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 106 B/. (R$ 542) | R$ 642 | - 16% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (R$ 43) | R$ 28 | + 52% | |
| Hourly rate for cleaning help | 15 B/. (R$ 78) | R$ 20 | + 282% | |
| Clothes | - 27% | |||
| Clothes in Panama is 27% cheaper than in Brazil | ||||
| Panama | Brazil | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (R$ 244) | R$ 255 | - 4% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 26 B/. (R$ 133) | R$ 244 | - 45% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 79 B/. (R$ 403) | R$ 389 | + 3% | |
| 1 pair of men’s leather business shoes | 83 B/. (R$ 426) | R$ 293 | + 46% | |
| Transportation | - 1% | |||
| Transportation in Panama is about the same as in Brazil | ||||
| Panama | Brazil | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,433 B/. (R$ 114,508) | R$ 109,371 | + 5% | |
| 1 liter (1/4 gallon) of gas | 1.29 B/. (R$ 7) | R$ 6 | + 9% | |
| Monthly ticket public transport | 42 B/. (R$ 212) | R$ 227 | - 6% | |
| Personal Care | + 119% | |||
| Personal Care in Panama is 119% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (R$ 43) | R$ 21 | + 100% | |
| 1 box of antibiotics (12 doses) | 32 B/. (R$ 166) | R$ 48 | + 247% | |
| Short visit to private doctor (15 minutes) | 62 B/. (R$ 317) | R$ 264 | + 20% | |
| 1 box of 32 tampons (tampax, ob, ...) | 9 B/. (R$ 45) | R$ 20 | + 124% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.05 B/. (R$ 26) | R$ 13 | + 106% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (R$ 36) | R$ 18 | + 101% | |
| 4 rolls of toilet paper | 3.79 B/. (R$ 19) | R$ 7 | + 181% | |
| Tube of toothpaste | 3.38 B/. (R$ 17) | R$ 4.75 | + 264% | |
| Standard men's haircut in expat area of the city | 19 B/. (R$ 97) | R$ 53 | + 82% | |
| Entertainment | + 14% | |||
| Entertainment in Panama is 14% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Basic dinner out for two in neighborhood pub | 29 B/. (R$ 148) | R$ 112 | + 32% | |
| 2 tickets to the movies | 13 B/. (R$ 64) | R$ 63 | + 1% | |
| 2 tickets to the theater (best available seats) | 55 B/. (R$ 282) | R$ 206 | + 37% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 47 B/. (R$ 242) | R$ 196 | + 23% | |
| 1 cocktail drink in downtown club | 8 B/. (R$ 43) | R$ 29 | + 50% | |
| Cappuccino in expat area of the city | 5.69 B/. (R$ 29) | R$ 12 | + 141% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.75 B/. (R$ 14) | R$ 11 | + 31% | |
| Ipad wi-fi 128gb | 651 B/. (R$ 3,324) | R$ 4,267 | - 22% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.22 B/. (R$ 1.13) | R$ 1.30 | - 13% | |
| 1 month of gym membership in business district | 47 B/. (R$ 242) | R$ 129 | + 88% | |
| 1 package of marlboro cigarettes | 5.66 B/. (R$ 29) | R$ 11 | + 164% | |
| TOTAL | + 33% | |||
These prices were last updated on February 05, 2023.
Exchange rate:
5.104
BRL
/
PAB
This comparison is based on abundant and consistent data. It is based on 18,609 prices entered by 1,768 different people.
Cost of living in Panama is 33% more expensive than in Brazil
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