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 | 15 B/. (5,325 Ft) | 4,113 Ft | + 29% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (2,714 Ft) | 2,776 Ft | - 2% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.00 B/. (1,093 Ft) | 1,089 Ft | + 0% | |
| 1 liter (1 qt.) of whole fat milk | 1.77 B/. (644 Ft) | 466 Ft | + 38% | |
| 12 eggs, large | 2.61 B/. (949 Ft) | 1,159 Ft | - 18% | |
| 1 kg (2 lb.) of tomatoes | 2.47 B/. (899 Ft) | 1,008 Ft | - 11% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (2,192 Ft) | 3,192 Ft | - 31% | |
| 1 kg (2 lb.) of apples | 3.32 B/. (1,209 Ft) | 700 Ft | + 73% | |
| 1 kg (2 lb.) of potatoes | 2.27 B/. (825 Ft) | 455 Ft | + 81% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.39 B/. (506 Ft) | 363 Ft | + 39% | |
| 1 bottle of red table wine, good quality | 9 B/. (3,394 Ft) | 2,215 Ft | + 53% | |
| 2 liters of coca-cola | 2.29 B/. (833 Ft) | 787 Ft | + 6% | |
| Bread for 2 people for 1 day | 2.19 B/. (796 Ft) | 336 Ft | + 137% | |
| Housing | + 39% | |||
| Housing in Panama is 39% more expensive than in Hungary | ||||
| Panama | Hungary | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,470 B/. (534,904 Ft) | 417,197 Ft | + 28% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 969 B/. (352,711 Ft) | 303,162 Ft | + 16% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 126 B/. (46,016 Ft) | 46,339 Ft | - 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 921 B/. (335,012 Ft) | 229,437 Ft | + 46% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 607 B/. (220,894 Ft) | 201,290 Ft | + 10% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 97 B/. (35,289 Ft) | 32,480 Ft | + 9% | |
| Internet 8 mbps (1 month) | 44 B/. (15,969 Ft) | 6,253 Ft | + 155% | |
| 40” flat screen tv | 280 B/. (101,945 Ft) | 125,536 Ft | - 19% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 131 B/. (47,713 Ft) | 33,822 Ft | + 41% | |
| Laundry detergent (3 l. ~ 100 oz.) | 22 B/. (7,894 Ft) | 4,702 Ft | + 68% | |
| Hourly rate for cleaning help | 11 B/. (4,139 Ft) | 3,320 Ft | + 25% | |
| Clothes | + 12% | |||
| Clothes in Panama is 12% more expensive than in Hungary | ||||
| Panama | Hungary | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 44 B/. (15,852 Ft) | 23,829 Ft | - 33% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 49 B/. (17,806 Ft) | 13,613 Ft | + 31% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 110 B/. (40,056 Ft) | 28,243 Ft | + 42% | |
| 1 pair of men’s leather business shoes | 146 B/. (53,311 Ft) | 33,236 Ft | + 60% | |
| Transportation | - 9% | |||
| Transportation in Panama is 9% cheaper than in Hungary | ||||
| Panama | Hungary | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 24,370 B/. (8,869,327 Ft) | 9,731,730 Ft | - 9% | |
| 1 liter (1/4 gallon) of gas | 0.97 B/. (353 Ft) | 625 Ft | - 43% | |
| Monthly ticket public transport | 27 B/. (9,942 Ft) | 8,985 Ft | + 11% | |
| Personal Care | + 73% | |||
| Personal Care in Panama is 73% more expensive than in Hungary | ||||
| Panama | Hungary | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 10 B/. (3,762 Ft) | 3,301 Ft | + 14% | |
| 1 box of antibiotics (12 doses) | 19 B/. (6,920 Ft) | 4,569 Ft | + 51% | |
| Short visit to private doctor (15 minutes) | 63 B/. (23,040 Ft) | 18,279 Ft | + 26% | |
| 1 box of 32 tampons (tampax, ob, ...) | 11 B/. (4,168 Ft) | 2,209 Ft | + 89% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 7 B/. (2,593 Ft) | 1,045 Ft | + 148% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 9 B/. (3,100 Ft) | 1,843 Ft | + 68% | |
| 4 rolls of toilet paper | 4.49 B/. (1,635 Ft) | 782 Ft | + 109% | |
| Tube of toothpaste | 3.34 B/. (1,215 Ft) | 1,115 Ft | + 9% | |
| Standard men's haircut in expat area of the city | 45 B/. (16,400 Ft) | 5,672 Ft | + 189% | |
| Entertainment | + 67% | |||
| Entertainment in Panama is 67% more expensive than in Hungary | ||||
| Panama | Hungary | Diff | ||
| Basic dinner out for two in neighborhood pub | 36 B/. (13,006 Ft) | 12,898 Ft | + 1% | |
| 2 tickets to the movies | 11 B/. (4,107 Ft) | 5,704 Ft | - 28% | |
| 2 tickets to the theater (best available seats) | 35 B/. (12,713 Ft) | 15,629 Ft | - 19% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 66 B/. (23,869 Ft) | 19,603 Ft | + 22% | |
| 1 cocktail drink in downtown club | 17 B/. (6,113 Ft) | 2,123 Ft | + 188% | |
| Cappuccino in expat area of the city | 8 B/. (3,029 Ft) | 1,226 Ft | + 147% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.62 B/. (1,680 Ft) | 913 Ft | + 84% | |
| Ipad wi-fi 128gb | 805 B/. (292,929 Ft) | 234,154 Ft | + 25% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (182 Ft) | 30 Ft | + 507% | |
| 1 month of gym membership in business district | 57 B/. (20,905 Ft) | 20,675 Ft | + 1% | |
| 1 package of marlboro cigarettes | 8 B/. (2,932 Ft) | 2,197 Ft | + 33% | |
| TOTAL | + 30% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 967 prices entered by 143 different people.
These prices were last updated on March 19, 2025.
Exchange rate:
363.940
HUF
/
PAB
Cost of living in Panama is 30% more expensive than in Hungary
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