Cost of living in Panama compared to Croatia
Currency:
| Food | + 13% | |||
|---|---|---|---|---|
| Food in Panama is 13% more expensive than in Croatia | ||||
| Basic lunchtime menu (including a drink) in the business district | 13 B/. (80 kn) | 61 kn | + 31% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (42 kn) | 39 kn | + 9% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.12 B/. (20 kn) | 30 kn | - 35% | |
| 1 liter (1 qt.) of whole fat milk | 1.42 B/. (9 kn) | 7 kn | + 29% | |
| 12 eggs, large | 2.77 B/. (17 kn) | 17 kn | + 1% | |
| 1 kg (2 lb.) of tomatoes | 2.42 B/. (15 kn) | 14 kn | + 9% | |
| 500 gr (16 oz.) of local cheese | 5.94 B/. (37 kn) | 55 kn | - 32% | |
| 1 kg (2 lb.) of apples | 2.56 B/. (16 kn) | 9 kn | + 72% | |
| 1 kg (2 lb.) of potatoes | 2.14 B/. (13 kn) | 5.99 kn | + 125% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.02 B/. (6 kn) | 9 kn | - 25% | |
| 1 bottle of red table wine, good quality | 10 B/. (65 kn) | 60 kn | + 7% | |
| 2 liters of coca-cola | 2.20 B/. (14 kn) | 13 kn | + 11% | |
| Bread for 2 people for 1 day | 1.57 B/. (10 kn) | 7 kn | + 50% | |
| Housing | + 32% | |||
| Housing in Panama is 32% more expensive than in Croatia | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,410 B/. (8,874 kn) | 4,033 kn | + 120% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 874 B/. (5,504 kn) | 4,332 kn | + 27% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 107 B/. (675 kn) | 1,005 kn | - 33% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 888 B/. (5,588 kn) | 3,576 kn | + 56% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 606 B/. (3,815 kn) | 3,225 kn | + 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 81 B/. (508 kn) | 1,145 kn | - 56% | |
| Internet 8 mbps (1 month) | 43 B/. (272 kn) | 126 kn | + 115% | |
| 40” flat screen tv | 350 B/. (2,201 kn) | 2,837 kn | - 22% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 112 B/. (702 kn) | 1,475 kn | - 52% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (44 kn) | 58 kn | - 25% | |
| Hourly rate for cleaning help | 6 B/. (39 kn) | 53 kn | - 26% | |
| Clothes | - 41% | |||
| Clothes in Panama is 41% cheaper than in Croatia | ||||
| 1 pair of jeans (levis 501 or similar) | 45 B/. (281 kn) | 721 kn | - 61% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 39 B/. (246 kn) | 379 kn | - 35% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 74 B/. (465 kn) | 680 kn | - 32% | |
| 1 pair of men’s leather business shoes | 93 B/. (586 kn) | 688 kn | - 15% | |
| Transportation | - 24% | |||
| Transportation in Panama is 24% cheaper than in Croatia | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,263 B/. (127,566 kn) | 136,844 kn | - 7% | |
| 1 liter (1/4 gallon) of gas | 0.70 B/. (4.42 kn) | 10 kn | - 56% | |
| Monthly ticket public transport | 44 B/. (275 kn) | 350 kn | - 21% | |
| Personal Care | + 18% | |||
| Personal Care in Panama is 18% more expensive than in Croatia | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (48 kn) | 53 kn | - 11% | |
| 1 box of antibiotics (12 doses) | 20 B/. (125 kn) | 50 kn | + 149% | |
| Short visit to private doctor (15 minutes) | 40 B/. (252 kn) | 315 kn | - 20% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.21 B/. (26 kn) | 25 kn | + 8% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.91 B/. (25 kn) | 30 kn | - 18% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (42 kn) | 32 kn | + 31% | |
| 4 rolls of toilet paper | 3.05 B/. (19 kn) | 10 kn | + 96% | |
| Tube of toothpaste | 2.58 B/. (16 kn) | 16 kn | + 4% | |
| Standard men's haircut in expat area of the city | 16 B/. (101 kn) | 96 kn | + 5% | |
| Entertainment | + 18% | |||
| Entertainment in Panama is 18% more expensive than in Croatia | ||||
| Basic dinner out for two in neighborhood pub | 31 B/. (196 kn) | 156 kn | + 26% | |
| 2 tickets to the movies | 12 B/. (76 kn) | 70 kn | + 9% | |
| 2 tickets to the theater (best available seats) | 39 B/. (247 kn) | 391 kn | - 37% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 52 B/. (329 kn) | 288 kn | + 14% | |
| 1 cocktail drink in downtown club | 9 B/. (60 kn) | 43 kn | + 37% | |
| Cappuccino in expat area of the city | 4.88 B/. (31 kn) | 13 kn | + 137% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.49 B/. (22 kn) | 18 kn | + 25% | |
| Ipad wi-fi 128gb | 525 B/. (3,308 kn) | 4,054 kn | - 18% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.34 B/. (2.12 kn) | 1.17 kn | + 81% | |
| 1 month of gym membership in business district | 46 B/. (292 kn) | 289 kn | + 1% | |
| 1 package of marlboro cigarettes | 5.14 B/. (32 kn) | 31 kn | + 5% | |
| TOTAL | + 5% | |||
These prices were last updated on April 22, 2021.
Exchange rate:
6.295
HRK
/
PAB
This comparison is based on abundant and consistent data. It is based on 1,074 prices entered by 121 different people.
Cost of living in Panama is 5% more expensive than in Croatia
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