Cost of living in Panama compared to Brazil
Currency:
| Food | + 77% | |||
|---|---|---|---|---|
| Food in Panama is 77% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 16 B/. (R$ 95) | R$ 37 | + 154% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (R$ 47) | R$ 36 | + 30% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.36 B/. (R$ 21) | R$ 12 | + 78% | |
| 1 liter (1 qt.) of whole fat milk | 1.77 B/. (R$ 11) | R$ 5.45 | + 98% | |
| 12 eggs, large | 2.68 B/. (R$ 16) | R$ 13 | + 26% | |
| 1 kg (2 lb.) of tomatoes | 2.39 B/. (R$ 15) | R$ 8 | + 87% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (R$ 39) | R$ 24 | + 61% | |
| 1 kg (2 lb.) of apples | 1.97 B/. (R$ 12) | R$ 12 | - 1% | |
| 1 kg (2 lb.) of potatoes | 2.71 B/. (R$ 17) | R$ 7 | + 128% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.35 B/. (R$ 8) | R$ 6 | + 36% | |
| 1 bottle of red table wine, good quality | 10 B/. (R$ 61) | R$ 46 | + 31% | |
| 2 liters of coca-cola | 2.29 B/. (R$ 14) | R$ 10 | + 42% | |
| Bread for 2 people for 1 day | 1.96 B/. (R$ 12) | R$ 4.46 | + 168% | |
| Housing | + 100% | |||
| Housing in Panama is 100% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,405 B/. (R$ 8,569) | R$ 3,975 | + 116% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 918 B/. (R$ 5,598) | R$ 2,567 | + 118% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 120 B/. (R$ 734) | R$ 755 | - 3% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 972 B/. (R$ 5,929) | R$ 2,958 | + 100% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 650 B/. (R$ 3,961) | R$ 1,925 | + 106% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 96 B/. (R$ 585) | R$ 551 | + 6% | |
| Internet 8 mbps (1 month) | 38 B/. (R$ 235) | R$ 96 | + 143% | |
| 40” flat screen tv | 300 B/. (R$ 1,829) | R$ 1,815 | + 1% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 113 B/. (R$ 687) | R$ 633 | + 8% | |
| Laundry detergent (3 l. ~ 100 oz.) | 29 B/. (R$ 178) | R$ 29 | + 507% | |
| Hourly rate for cleaning help | 10 B/. (R$ 58) | R$ 21 | + 172% | |
| Clothes | + 49% | |||
| Clothes in Panama is 49% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 46 B/. (R$ 278) | R$ 266 | + 5% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 65 B/. (R$ 396) | R$ 270 | + 47% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 113 B/. (R$ 691) | R$ 393 | + 76% | |
| 1 pair of men’s leather business shoes | 134 B/. (R$ 817) | R$ 317 | + 157% | |
| Transportation | - 13% | |||
| Transportation in Panama is 13% cheaper than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 24,303 B/. (R$ 148,179) | R$ 115,742 | + 28% | |
| 1 liter (1/4 gallon) of gas | 1.00 B/. (R$ 6) | R$ 5.97 | + 2% | |
| Monthly ticket public transport | 27 B/. (R$ 167) | R$ 242 | - 31% | |
| Personal Care | + 141% | |||
| Personal Care in Panama is 141% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 10 B/. (R$ 60) | R$ 22 | + 180% | |
| 1 box of antibiotics (12 doses) | 20 B/. (R$ 122) | R$ 45 | + 168% | |
| Short visit to private doctor (15 minutes) | 65 B/. (R$ 397) | R$ 279 | + 42% | |
| 1 box of 32 tampons (tampax, ob, ...) | 8 B/. (R$ 49) | R$ 24 | + 103% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 7 B/. (R$ 45) | R$ 13 | + 245% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 9 B/. (R$ 53) | R$ 20 | + 163% | |
| 4 rolls of toilet paper | 3.25 B/. (R$ 20) | R$ 7 | + 172% | |
| Tube of toothpaste | 3.70 B/. (R$ 23) | R$ 5.72 | + 294% | |
| Standard men's haircut in expat area of the city | 15 B/. (R$ 89) | R$ 57 | + 56% | |
| Entertainment | + 90% | |||
| Entertainment in Panama is 90% more expensive than in Brazil | ||||
| Panama | Brazil | Diff | ||
| Basic dinner out for two in neighborhood pub | 37 B/. (R$ 225) | R$ 114 | + 98% | |
| 2 tickets to the movies | 12 B/. (R$ 76) | R$ 59 | + 29% | |
| 2 tickets to the theater (best available seats) | 30 B/. (R$ 183) | R$ 209 | - 12% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 63 B/. (R$ 383) | R$ 238 | + 61% | |
| 1 cocktail drink in downtown club | 12 B/. (R$ 75) | R$ 32 | + 132% | |
| Cappuccino in expat area of the city | 5.00 B/. (R$ 30) | R$ 16 | + 88% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 5.36 B/. (R$ 33) | R$ 11 | + 189% | |
| Ipad wi-fi 128gb | 536 B/. (R$ 3,266) | R$ 3,422 | - 5% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (R$ 3.05) | R$ 1.28 | + 138% | |
| 1 month of gym membership in business district | 51 B/. (R$ 313) | R$ 140 | + 123% | |
| 1 package of marlboro cigarettes | 8 B/. (R$ 46) | R$ 12 | + 282% | |
| TOTAL | + 56% | |||
These prices were last updated on January 14, 2025.
Exchange rate:
6.097
BRL
/
PAB
This comparison is based on abundant and consistent data. It is based on 15,944 prices entered by 1,698 different people.
Cost of living in Panama is 56% more expensive than in Brazil
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