Cost of living in Panama compared to Croatia
Currency:
Food | - 3% | |||
---|---|---|---|---|
Food in Panama is about the same as in Croatia | ||||
Panama | Croatia | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 13 B/. (€12) | €11 | + 9% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (€7) | €8 | - 11% | |
500 gr (1 lb.) of boneless chicken breast | 3.80 B/. (€3.50) | €4.82 | - 27% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (€1.59) | €1.15 | + 39% | |
12 eggs, large | 3.37 B/. (€3.11) | €5.58 | - 44% | |
1 kg (2 lb.) of tomatoes | 2.48 B/. (€2.29) | €2.30 | - 1% | |
500 gr (16 oz.) of local cheese | 6 B/. (€5.66) | €5.23 | + 8% | |
1 kg (2 lb.) of apples | 2.66 B/. (€2.46) | €1.37 | + 79% | |
1 kg (2 lb.) of potatoes | 2.34 B/. (€2.16) | €1.16 | + 86% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.95 B/. (€0.88) | €1.47 | - 40% | |
1 bottle of red table wine, good quality | 11 B/. (€10) | €6 | + 57% | |
2 liters of coca-cola | 2.56 B/. (€2.36) | €2.23 | + 6% | |
Bread for 2 people for 1 day | 1.27 B/. (€1.17) | €1.02 | + 15% | |
Housing | + 3% | |||
Housing in Panama is about the same as in Croatia | ||||
Panama | Croatia | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,244 B/. (€1,147) | €931 | + 23% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 790 B/. (€729) | €660 | + 10% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 115 B/. (€106) | €140 | - 24% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 755 B/. (€696) | €591 | + 18% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 507 B/. (€468) | €444 | + 5% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (€90) | €201 | - 55% | |
Internet 8 mbps (1 month) | 36 B/. (€33) | €24 | + 35% | |
40” flat screen tv | 308 B/. (€284) | €808 | - 65% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98 B/. (€90) | €84 | + 7% | |
Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (€7) | €12 | - 42% | |
Hourly rate for cleaning help | 10 B/. (€9) | €11 | - 17% | |
Clothes | - 25% | |||
Clothes in Panama is 25% cheaper than in Croatia | ||||
Panama | Croatia | Diff | ||
1 pair of jeans (levis 501 or similar) | 49 B/. (€45) | €86 | - 47% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 33 B/. (€31) | €34 | - 9% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 87 B/. (€81) | €88 | - 8% | |
1 pair of men’s leather business shoes | 79 B/. (€73) | €105 | - 30% | |
Transportation | - 39% | |||
Transportation in Panama is 39% cheaper than in Croatia | ||||
Panama | Croatia | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (€21,029) | €27,558 | - 24% | |
1 liter (1/4 gallon) of gas | 1.08 B/. (€1.00) | €1.48 | - 33% | |
Monthly ticket public transport | 25 B/. (€23) | €47 | - 51% | |
Personal Care | + 11% | |||
Personal Care in Panama is 11% more expensive than in Croatia | ||||
Panama | Croatia | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (€8) | €7 | + 12% | |
1 box of antibiotics (12 doses) | 17 B/. (€16) | €10 | + 65% | |
Short visit to private doctor (15 minutes) | 29 B/. (€27) | €47 | - 43% | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (€5.07) | €4.01 | + 26% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.21 B/. (€2.96) | €3.49 | - 15% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (€6) | €3.25 | + 92% | |
4 rolls of toilet paper | 2.68 B/. (€2.47) | €2.04 | + 21% | |
Tube of toothpaste | 2.72 B/. (€2.51) | €2.49 | + 1% | |
Standard men's haircut in expat area of the city | 15 B/. (€14) | €10 | + 35% | |
Entertainment | + 3% | |||
Entertainment in Panama is about the same as in Croatia | ||||
Panama | Croatia | Diff | ||
Basic dinner out for two in neighborhood pub | 34 B/. (€31) | €49 | - 36% | |
2 tickets to the movies | 12 B/. (€11) | €13 | - 15% | |
2 tickets to the theater (best available seats) | 36 B/. (€33) | €30 | + 9% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 58 B/. (€53) | €52 | + 2% | |
1 cocktail drink in downtown club | 10 B/. (€9) | €8 | + 11% | |
Cappuccino in expat area of the city | 4.92 B/. (€4.53) | €1.89 | + 140% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.83 B/. (€2.61) | €2.68 | - 3% | |
Ipad wi-fi 128gb | 663 B/. (€612) | €824 | - 26% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (€0.26) | €0.12 | + 119% | |
1 month of gym membership in business district | 49 B/. (€45) | €43 | + 4% | |
1 package of marlboro cigarettes | 5.65 B/. (€5.21) | €4.84 | + 8% | |
TOTAL | - 11% |
These prices were last updated on March 16, 2024.
Exchange rate:
0.922
EUR
/
PAB
This comparison is based on abundant and consistent data. It is based on 738 prices entered by 99 different people.
Cost of living in Panama is 11% cheaper than in Croatia
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