Cost of living in Panama compared to Hungary
Currency:
Food | + 25% | |||
---|---|---|---|---|
Food in Panama is 25% more expensive than in Hungary | ||||
Panama | Hungary | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 13 B/. (4,865 Ft) | 3,413 Ft | + 43% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (2,645 Ft) | 2,497 Ft | + 6% | |
500 gr (1 lb.) of boneless chicken breast | 3.80 B/. (1,370 Ft) | 969 Ft | + 41% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (623 Ft) | 420 Ft | + 48% | |
12 eggs, large | 3.37 B/. (1,217 Ft) | 1,142 Ft | + 7% | |
1 kg (2 lb.) of tomatoes | 2.48 B/. (897 Ft) | 1,245 Ft | - 28% | |
500 gr (16 oz.) of local cheese | 6 B/. (2,216 Ft) | 2,136 Ft | + 4% | |
1 kg (2 lb.) of apples | 2.66 B/. (961 Ft) | 543 Ft | + 77% | |
1 kg (2 lb.) of potatoes | 2.34 B/. (844 Ft) | 400 Ft | + 111% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.95 B/. (343 Ft) | 367 Ft | - 7% | |
1 bottle of red table wine, good quality | 11 B/. (3,960 Ft) | 2,127 Ft | + 86% | |
2 liters of coca-cola | 2.56 B/. (924 Ft) | 638 Ft | + 45% | |
Bread for 2 people for 1 day | 1.27 B/. (460 Ft) | 394 Ft | + 17% | |
Housing | + 20% | |||
Housing in Panama is 20% more expensive than in Hungary | ||||
Panama | Hungary | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,244 B/. (448,866 Ft) | 346,882 Ft | + 29% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 790 B/. (285,175 Ft) | 255,163 Ft | + 12% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 115 B/. (41,315 Ft) | 54,044 Ft | - 24% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 755 B/. (272,249 Ft) | 215,230 Ft | + 26% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 507 B/. (182,999 Ft) | 200,626 Ft | - 9% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (35,232 Ft) | 33,551 Ft | + 5% | |
Internet 8 mbps (1 month) | 36 B/. (12,911 Ft) | 5,316 Ft | + 143% | |
40” flat screen tv | 308 B/. (111,057 Ft) | 126,233 Ft | - 12% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98 B/. (35,238 Ft) | 37,403 Ft | - 6% | |
Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (2,671 Ft) | 4,900 Ft | - 45% | |
Hourly rate for cleaning help | 10 B/. (3,674 Ft) | 3,830 Ft | - 4% | |
Clothes | - 15% | |||
Clothes in Panama is 15% cheaper than in Hungary | ||||
Panama | Hungary | Diff | ||
1 pair of jeans (levis 501 or similar) | 49 B/. (17,696 Ft) | 27,804 Ft | - 36% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 33 B/. (12,070 Ft) | 12,238 Ft | - 1% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 87 B/. (31,516 Ft) | 29,735 Ft | + 6% | |
1 pair of men’s leather business shoes | 79 B/. (28,639 Ft) | 37,726 Ft | - 24% | |
Transportation | - 17% | |||
Transportation in Panama is 17% cheaper than in Hungary | ||||
Panama | Hungary | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (8,228,858 Ft) | 10,249,600 Ft | - 20% | |
1 liter (1/4 gallon) of gas | 1.08 B/. (390 Ft) | 622 Ft | - 37% | |
Monthly ticket public transport | 25 B/. (9,112 Ft) | 9,647 Ft | - 6% | |
Personal Care | + 5% | |||
Personal Care in Panama is 5% more expensive than in Hungary | ||||
Panama | Hungary | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (3,032 Ft) | 3,160 Ft | - 4% | |
1 box of antibiotics (12 doses) | 17 B/. (6,170 Ft) | 4,214 Ft | + 46% | |
Short visit to private doctor (15 minutes) | 29 B/. (10,556 Ft) | 20,303 Ft | - 48% | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (1,983 Ft) | 2,403 Ft | - 17% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.21 B/. (1,160 Ft) | 1,128 Ft | + 3% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (2,447 Ft) | 1,229 Ft | + 99% | |
4 rolls of toilet paper | 2.68 B/. (968 Ft) | 850 Ft | + 14% | |
Tube of toothpaste | 2.72 B/. (983 Ft) | 1,147 Ft | - 14% | |
Standard men's haircut in expat area of the city | 15 B/. (5,520 Ft) | 4,753 Ft | + 16% | |
Entertainment | + 34% | |||
Entertainment in Panama is 34% more expensive than in Hungary | ||||
Panama | Hungary | Diff | ||
Basic dinner out for two in neighborhood pub | 34 B/. (12,293 Ft) | 10,182 Ft | + 21% | |
2 tickets to the movies | 12 B/. (4,384 Ft) | 5,014 Ft | - 13% | |
2 tickets to the theater (best available seats) | 36 B/. (12,818 Ft) | 16,653 Ft | - 23% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 58 B/. (20,812 Ft) | 16,679 Ft | + 25% | |
1 cocktail drink in downtown club | 10 B/. (3,587 Ft) | 2,589 Ft | + 39% | |
Cappuccino in expat area of the city | 4.92 B/. (1,773 Ft) | 816 Ft | + 117% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.83 B/. (1,020 Ft) | 806 Ft | + 26% | |
Ipad wi-fi 128gb | 663 B/. (239,357 Ft) | 246,317 Ft | - 3% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (103 Ft) | 30 Ft | + 239% | |
1 month of gym membership in business district | 49 B/. (17,633 Ft) | 18,268 Ft | - 3% | |
1 package of marlboro cigarettes | 5.65 B/. (2,039 Ft) | 2,082 Ft | - 2% | |
TOTAL | + 10% |
These prices were last updated on March 17, 2024.
Exchange rate:
360.779
HUF
/
PAB
This comparison is based on abundant and consistent data. It is based on 1,007 prices entered by 162 different people.
Cost of living in Panama is 10% more expensive than in Hungary
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