Cost of living in Panama compared to Brazil
Currency:
| Food | + 56% | |||
|---|---|---|---|---|
| Food in Panama is 56% more expensive than in Brazil | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (R$ 49) | R$ 28 | + 72% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (R$ 29) | R$ 26 | + 12% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.37 B/. (R$ 14) | R$ 7 | + 99% | |
| 1 liter (1 qt.) of whole fat milk | 1.58 B/. (R$ 7) | R$ 3.40 | + 97% | |
| 12 eggs, large | 2.41 B/. (R$ 10) | R$ 7 | + 45% | |
| 1 kg (2 lb.) of tomatoes | 2.47 B/. (R$ 10) | R$ 5.44 | + 92% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (R$ 26) | R$ 15 | + 73% | |
| 1 kg (2 lb.) of apples | 3.11 B/. (R$ 13) | R$ 6 | + 118% | |
| 1 kg (2 lb.) of potatoes | 2.23 B/. (R$ 9) | R$ 3.91 | + 142% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.88 B/. (R$ 3.71) | R$ 4.53 | - 18% | |
| 1 bottle of red table wine, good quality | 9 B/. (R$ 38) | R$ 40 | - 5% | |
| 2 liters of coca-cola | 2.48 B/. (R$ 10) | R$ 7 | + 54% | |
| Bread for 2 people for 1 day | 1.30 B/. (R$ 5.49) | R$ 3.28 | + 67% | |
| Housing | + 64% | |||
| Housing in Panama is 64% more expensive than in Brazil | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,336 B/. (R$ 5,646) | R$ 3,135 | + 80% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 828 B/. (R$ 3,498) | R$ 1,850 | + 89% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 130 B/. (R$ 549) | R$ 529 | + 4% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 924 B/. (R$ 3,904) | R$ 1,958 | + 99% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 605 B/. (R$ 2,558) | R$ 1,291 | + 98% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 91 B/. (R$ 386) | R$ 356 | + 8% | |
| Internet 8 mbps (1 month) | 31 B/. (R$ 133) | R$ 80 | + 67% | |
| 40” flat screen tv | 374 B/. (R$ 1,582) | R$ 1,585 | - 0% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 107 B/. (R$ 453) | R$ 432 | + 5% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (R$ 35) | R$ 22 | + 58% | |
| Hourly rate for cleaning help | 4.67 B/. (R$ 20) | R$ 16 | + 20% | |
| Clothes | - 1% | |||
| Clothes in Panama is about the same as in Brazil | ||||
| 1 pair of jeans (levis 501 or similar) | 51 B/. (R$ 217) | R$ 198 | + 10% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 35 B/. (R$ 150) | R$ 165 | - 9% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 78 B/. (R$ 329) | R$ 308 | + 7% | |
| 1 pair of men’s leather business shoes | 80 B/. (R$ 336) | R$ 245 | + 38% | |
| Transportation | - 24% | |||
| Transportation in Panama is 24% cheaper than in Brazil | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,077 B/. (R$ 84,833) | R$ 87,262 | - 3% | |
| 1 liter (1/4 gallon) of gas | 0.82 B/. (R$ 3.46) | R$ 4.34 | - 20% | |
| Monthly ticket public transport | 32 B/. (R$ 135) | R$ 213 | - 37% | |
| Personal Care | + 59% | |||
| Personal Care in Panama is 59% more expensive than in Brazil | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (R$ 37) | R$ 18 | + 108% | |
| 1 box of antibiotics (12 doses) | 28 B/. (R$ 119) | R$ 41 | + 186% | |
| Short visit to private doctor (15 minutes) | 47 B/. (R$ 197) | R$ 233 | - 16% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.54 B/. (R$ 19) | R$ 16 | + 20% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.01 B/. (R$ 17) | R$ 12 | + 46% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.42 B/. (R$ 23) | R$ 15 | + 52% | |
| 4 rolls of toilet paper | 2.51 B/. (R$ 11) | R$ 5.47 | + 94% | |
| Tube of toothpaste | 2.47 B/. (R$ 10) | R$ 3.91 | + 167% | |
| Standard men's haircut in expat area of the city | 15 B/. (R$ 61) | R$ 38 | + 62% | |
| Entertainment | + 21% | |||
| Entertainment in Panama is 21% more expensive than in Brazil | ||||
| Basic dinner out for two in neighborhood pub | 34 B/. (R$ 145) | R$ 97 | + 50% | |
| 2 tickets to the movies | 13 B/. (R$ 53) | R$ 49 | + 8% | |
| 2 tickets to the theater (best available seats) | 46 B/. (R$ 193) | R$ 199 | - 3% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 57 B/. (R$ 242) | R$ 173 | + 40% | |
| 1 cocktail drink in downtown club | 10 B/. (R$ 41) | R$ 23 | + 78% | |
| Cappuccino in expat area of the city | 3.96 B/. (R$ 17) | R$ 9 | + 88% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.72 B/. (R$ 12) | R$ 11 | + 5% | |
| Ipad wi-fi 128gb | 559 B/. (R$ 2,360) | R$ 2,779 | - 15% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.24 B/. (R$ 1.00) | R$ 1.16 | - 14% | |
| 1 month of gym membership in business district | 50 B/. (R$ 212) | R$ 112 | + 89% | |
| 1 package of marlboro cigarettes | 5.35 B/. (R$ 23) | R$ 10 | + 129% | |
| TOTAL | + 23% | |||
These prices were last updated on January 28, 2020.
Exchange rate:
4.225
BRL
/
PAB
This comparison is based on abundant and consistent data. It is based on 13,976 prices entered by 1,364 different people.
Cost of living in Panama is 23% more expensive than in Brazil
Other Country Comparisons
- Cost of living in Antarctica is in Brazil
- Cost of living in Netherlands Antilles is 76% more expensive than in Brazil
- Cost of living in Antigua and Barbuda is 30% more expensive than in Brazil
- Cost of living in Anguilla is 98% more expensive than in Brazil
- Cost of living in Armenia is 13% cheaper than in Brazil
- Cost of living in Andorra is 51% more expensive than in Brazil
- Cost of living in United Arab Emirates is 78% more expensive than in Brazil
- Cost of living in Afghanistan is 5% cheaper than in Brazil