Cost of living in Panama compared to Brazil
Currency:
| Food | + 91% | |||
|---|---|---|---|---|
| Food in Panama is 91% more expensive than in Brazil | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (R$ 62) | R$ 28 | + 120% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (R$ 37) | R$ 27 | + 39% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.86 B/. (R$ 15) | R$ 8 | + 97% | |
| 1 liter (1 qt.) of whole fat milk | 1.52 B/. (R$ 8) | R$ 3.81 | + 110% | |
| 12 eggs, large | 2.98 B/. (R$ 16) | R$ 8 | + 90% | |
| 1 kg (2 lb.) of tomatoes | 2.68 B/. (R$ 14) | R$ 5.51 | + 156% | |
| 500 gr (16 oz.) of local cheese | 5.99 B/. (R$ 31) | R$ 17 | + 82% | |
| 1 kg (2 lb.) of apples | 2.92 B/. (R$ 15) | R$ 7 | + 122% | |
| 1 kg (2 lb.) of potatoes | 2.01 B/. (R$ 11) | R$ 4.41 | + 140% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.02 B/. (R$ 5.34) | R$ 4.82 | + 11% | |
| 1 bottle of red table wine, good quality | 10 B/. (R$ 53) | R$ 38 | + 40% | |
| 2 liters of coca-cola | 2.18 B/. (R$ 11) | R$ 7 | + 56% | |
| Bread for 2 people for 1 day | 1.65 B/. (R$ 9) | R$ 3.35 | + 159% | |
| Housing | + 111% | |||
| Housing in Panama is 111% more expensive than in Brazil | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,298 B/. (R$ 6,824) | R$ 3,130 | + 118% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 919 B/. (R$ 4,830) | R$ 1,856 | + 160% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 109 B/. (R$ 575) | R$ 488 | + 18% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 918 B/. (R$ 4,825) | R$ 2,114 | + 128% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 673 B/. (R$ 3,536) | R$ 1,310 | + 170% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 79 B/. (R$ 416) | R$ 341 | + 22% | |
| Internet 8 mbps (1 month) | 41 B/. (R$ 216) | R$ 78 | + 176% | |
| 40” flat screen tv | 389 B/. (R$ 2,046) | R$ 1,630 | + 26% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 101 B/. (R$ 531) | R$ 465 | + 14% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (R$ 40) | R$ 23 | + 74% | |
| Hourly rate for cleaning help | 5.37 B/. (R$ 28) | R$ 17 | + 65% | |
| Clothes | + 10% | |||
| Clothes in Panama is 10% more expensive than in Brazil | ||||
| 1 pair of jeans (levis 501 or similar) | 44 B/. (R$ 233) | R$ 212 | + 10% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 38 B/. (R$ 198) | R$ 192 | + 3% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 68 B/. (R$ 355) | R$ 323 | + 10% | |
| 1 pair of men’s leather business shoes | 78 B/. (R$ 409) | R$ 246 | + 66% | |
| Transportation | - 9% | |||
| Transportation in Panama is 9% cheaper than in Brazil | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,866 B/. (R$ 109,707) | R$ 89,066 | + 23% | |
| 1 liter (1/4 gallon) of gas | 0.70 B/. (R$ 3.69) | R$ 4.39 | - 16% | |
| Monthly ticket public transport | 32 B/. (R$ 169) | R$ 217 | - 22% | |
| Personal Care | + 84% | |||
| Personal Care in Panama is 84% more expensive than in Brazil | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 11 B/. (R$ 59) | R$ 17 | + 255% | |
| 1 box of antibiotics (12 doses) | 19 B/. (R$ 102) | R$ 39 | + 161% | |
| Short visit to private doctor (15 minutes) | 45 B/. (R$ 234) | R$ 219 | + 7% | |
| 1 box of 32 tampons (tampax, ob, ...) | 3.83 B/. (R$ 20) | R$ 15 | + 32% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.02 B/. (R$ 16) | R$ 11 | + 43% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.59 B/. (R$ 29) | R$ 15 | + 90% | |
| 4 rolls of toilet paper | 2.11 B/. (R$ 11) | R$ 5.79 | + 92% | |
| Tube of toothpaste | 2.90 B/. (R$ 15) | R$ 3.99 | + 282% | |
| Standard men's haircut in expat area of the city | 14 B/. (R$ 75) | R$ 42 | + 78% | |
| Entertainment | + 44% | |||
| Entertainment in Panama is 44% more expensive than in Brazil | ||||
| Basic dinner out for two in neighborhood pub | 33 B/. (R$ 171) | R$ 96 | + 79% | |
| 2 tickets to the movies | 11 B/. (R$ 60) | R$ 53 | + 14% | |
| 2 tickets to the theater (best available seats) | 39 B/. (R$ 204) | R$ 226 | - 10% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (R$ 283) | R$ 188 | + 50% | |
| 1 cocktail drink in downtown club | 10 B/. (R$ 52) | R$ 25 | + 106% | |
| Cappuccino in expat area of the city | 4.62 B/. (R$ 24) | R$ 11 | + 120% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.94 B/. (R$ 21) | R$ 10 | + 103% | |
| Ipad wi-fi 128gb | 537 B/. (R$ 2,825) | R$ 3,464 | - 18% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.34 B/. (R$ 1.77) | R$ 1.24 | + 43% | |
| 1 month of gym membership in business district | 46 B/. (R$ 243) | R$ 118 | + 106% | |
| 1 package of marlboro cigarettes | 5.35 B/. (R$ 28) | R$ 11 | + 168% | |
| TOTAL | + 52% | |||
These prices were last updated on January 19, 2021.
Exchange rate:
5.258
BRL
/
PAB
This comparison is based on abundant and consistent data. It is based on 15,481 prices entered by 1,575 different people.
Cost of living in Panama is 52% more expensive than in Brazil
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