Cost of living in Panama compared to Estonia
Currency:
Food | - 12% | |||
---|---|---|---|---|
Food in Panama is 12% cheaper than in Estonia | ||||
Panama | Estonia | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 14 B/. (€13) | €15 | - 17% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (€6) | €9 | - 33% | |
500 gr (1 lb.) of boneless chicken breast | 3.30 B/. (€3.03) | €4.00 | - 24% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (€1.59) | €1.18 | + 35% | |
12 eggs, large | 2.63 B/. (€2.42) | €2.61 | - 8% | |
1 kg (2 lb.) of tomatoes | 2.58 B/. (€2.37) | €3.63 | - 35% | |
500 gr (16 oz.) of local cheese | 6 B/. (€5.58) | €5.67 | - 2% | |
1 kg (2 lb.) of apples | 1.97 B/. (€1.81) | €2.25 | - 20% | |
1 kg (2 lb.) of potatoes | 2.41 B/. (€2.22) | €0.83 | + 168% | |
0.5 l (16 oz) domestic beer in the supermarket | 1.16 B/. (€1.07) | €1.47 | - 27% | |
1 bottle of red table wine, good quality | 10 B/. (€9) | €9 | + 5% | |
2 liters of coca-cola | 2.54 B/. (€2.34) | €2.11 | + 11% | |
Bread for 2 people for 1 day | 1.15 B/. (€1.05) | €1.01 | + 4% | |
Housing | - 14% | |||
Housing in Panama is 14% cheaper than in Estonia | ||||
Panama | Estonia | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,507 B/. (€1,385) | €1,447 | - 4% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 905 B/. (€832) | €800 | + 4% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 107 B/. (€99) | €323 | - 69% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 875 B/. (€804) | €779 | + 3% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 559 B/. (€514) | €566 | - 9% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 100 B/. (€92) | €204 | - 55% | |
Internet 8 mbps (1 month) | 35 B/. (€32) | €22 | + 45% | |
40” flat screen tv | 317 B/. (€291) | €347 | - 16% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 116 B/. (€107) | €194 | - 45% | |
Laundry detergent (3 l. ~ 100 oz.) | 45 B/. (€41) | €9 | + 369% | |
Hourly rate for cleaning help | 7 B/. (€6) | €23 | - 73% | |
Clothes | - 14% | |||
Clothes in Panama is 14% cheaper than in Estonia | ||||
Panama | Estonia | Diff | ||
1 pair of jeans (levis 501 or similar) | 36 B/. (€33) | €87 | - 62% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 47 B/. (€43) | €34 | + 28% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 96 B/. (€88) | €91 | - 3% | |
1 pair of men’s leather business shoes | 94 B/. (€86) | €121 | - 28% | |
Transportation | - 30% | |||
Transportation in Panama is 30% cheaper than in Estonia | ||||
Panama | Estonia | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (€20,957) | €33,491 | - 37% | |
1 liter (1/4 gallon) of gas | 1.01 B/. (€0.93) | €1.66 | - 44% | |
Monthly ticket public transport | 25 B/. (€23) | €29 | - 21% | |
Personal Care | - 33% | |||
Personal Care in Panama is 33% cheaper than in Estonia | ||||
Panama | Estonia | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (€7) | €18 | - 64% | |
1 box of antibiotics (12 doses) | 17 B/. (€16) | €24 | - 35% | |
Short visit to private doctor (15 minutes) | 59 B/. (€54) | €71 | - 24% | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (€5.05) | €8 | - 37% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.33 B/. (€4.90) | €6 | - 19% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (€6) | €7 | - 9% | |
4 rolls of toilet paper | 2.64 B/. (€2.43) | €3.07 | - 21% | |
Tube of toothpaste | 2.96 B/. (€2.72) | €3.92 | - 31% | |
Standard men's haircut in expat area of the city | 14 B/. (€13) | €32 | - 59% | |
Entertainment | + 9% | |||
Entertainment in Panama is 9% more expensive than in Estonia | ||||
Panama | Estonia | Diff | ||
Basic dinner out for two in neighborhood pub | 37 B/. (€34) | €42 | - 20% | |
2 tickets to the movies | 12 B/. (€11) | €24 | - 53% | |
2 tickets to the theater (best available seats) | 36 B/. (€33) | €80 | - 59% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 82 B/. (€76) | €88 | - 14% | |
1 cocktail drink in downtown club | 9 B/. (€8) | €16 | - 50% | |
Cappuccino in expat area of the city | 4.92 B/. (€4.52) | €4.66 | - 3% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 8 B/. (€7) | €4.99 | + 48% | |
Ipad wi-fi 128gb | 663 B/. (€610) | €700 | - 13% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (€0.26) | €0.04 | + 556% | |
1 month of gym membership in business district | 80 B/. (€74) | €53 | + 40% | |
1 package of marlboro cigarettes | 6 B/. (€5.68) | €5.91 | - 4% | |
TOTAL | - 15% |
These prices were last updated on October 30, 2024.
Exchange rate:
0.919
EUR
/
PAB
This comparison is based on abundant and consistent data. It is based on 633 prices entered by 96 different people.
Cost of living in Panama is 15% cheaper than in Estonia
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