Cost of living in Andorra compared to Panama
Currency:
Food | + 6% | |||
---|---|---|---|---|
Food in Andorra is 6% more expensive than in Panama | ||||
Andorra | Panama | Diff | ||
Basic lunchtime menu (including a drink) in the business district | €20 (21 B/.) | 15 B/. | + 39% | |
Combo meal in fast food restaurant (big mac meal or similar) | €10 (11 B/.) | 8 B/. | + 38% | |
500 gr (1 lb.) of boneless chicken breast | €3.00 (3.16 B/.) | 3.63 B/. | - 13% | |
1 liter (1 qt.) of whole fat milk | €1.55 (1.64 B/.) | 2.17 B/. | - 25% | |
12 eggs, large | €3.99 (4.21 B/.) | 3.06 B/. | + 37% | |
1 kg (2 lb.) of tomatoes | €3.50 (3.69 B/.) | 2.40 B/. | + 53% | |
500 gr (16 oz.) of local cheese | €6.00 (6 B/.) | 7 B/. | - 12% | |
1 kg (2 lb.) of apples | €2.00 (2.11 B/.) | 2.98 B/. | - 29% | |
1 kg (2 lb.) of potatoes | €1.50 (1.58 B/.) | 2.14 B/. | - 26% | |
0.5 l (16 oz) domestic beer in the supermarket | €0.60 (0.63 B/.) | 1.29 B/. | - 51% | |
1 bottle of red table wine, good quality | €5.00 (5.27 B/.) | 13 B/. | - 61% | |
2 liters of coca-cola | €1.74 (1.84 B/.) | 2.55 B/. | - 28% | |
Bread for 2 people for 1 day | €1.50 (1.58 B/.) | 1.69 B/. | - 7% | |
Housing | + 28% | |||
Housing in Andorra is 28% more expensive than in Panama | ||||
Andorra | Panama | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €2,107 (2,221 B/.) | 1,466 B/. | + 52% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,306 (1,377 B/.) | 891 B/. | + 55% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €79 (83 B/.) | 155 B/. | - 46% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,187 (1,251 B/.) | 990 B/. | + 26% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €783 (825 B/.) | 939 B/. | - 12% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €54 (57 B/.) | 89 B/. | - 36% | |
Internet 8 mbps (1 month) | €54 (57 B/.) | 43 B/. | + 35% | |
40” flat screen tv | €244 (258 B/.) | 346 B/. | - 26% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €80 (84 B/.) | 98 B/. | - 14% | |
Laundry detergent (3 l. ~ 100 oz.) | €10 (11 B/.) | 7 B/. | + 42% | |
Hourly rate for cleaning help | €14 (15 B/.) | 4.57 B/. | + 224% | |
Clothes | + 18% | |||
Clothes in Andorra is 18% more expensive than in Panama | ||||
Andorra | Panama | Diff | ||
1 pair of jeans (levis 501 or similar) | - | 49 B/. | - | |
1 summer dress in a high street store (zara, h&m or similar retailers) | €41 (43 B/.) | 33 B/. | + 29% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | €90 (95 B/.) | 84 B/. | + 13% | |
1 pair of men’s leather business shoes | €116 (122 B/.) | 79 B/. | + 54% | |
Transportation | + 1% | |||
Transportation in Andorra is about the same as in Panama | ||||
Andorra | Panama | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €18,924 (19,952 B/.) | 20,405 B/. | - 2% | |
1 liter (1/4 gallon) of gas | €1.38 (1.46 B/.) | 1.37 B/. | + 6% | |
Monthly ticket public transport | - | 31 B/. | - | |
Personal Care | - 14% | |||
Personal Care in Andorra is 14% cheaper than in Panama | ||||
Andorra | Panama | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €4.88 (5.14 B/.) | 7 B/. | - 31% | |
1 box of antibiotics (12 doses) | €5.72 (6 B/.) | 17 B/. | - 65% | |
Short visit to private doctor (15 minutes) | €67 (71 B/.) | 24 B/. | + 191% | |
1 box of 32 tampons (tampax, ob, ...) | €4.88 (5.14 B/.) | 5.50 B/. | - 6% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.60 (3.79 B/.) | 3.54 B/. | + 7% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.94 (3.10 B/.) | 7 B/. | - 56% | |
4 rolls of toilet paper | €0.78 (0.82 B/.) | 3.27 B/. | - 75% | |
Tube of toothpaste | €2.36 (2.49 B/.) | 2.95 B/. | - 16% | |
Standard men's haircut in expat area of the city | €22 (23 B/.) | 15 B/. | + 50% | |
Entertainment | + 32% | |||
Entertainment in Andorra is 32% more expensive than in Panama | ||||
Andorra | Panama | Diff | ||
Basic dinner out for two in neighborhood pub | €23 (24 B/.) | 34 B/. | - 30% | |
2 tickets to the movies | €11 (12 B/.) | 13 B/. | - 7% | |
2 tickets to the theater (best available seats) | €57 (60 B/.) | 36 B/. | + 70% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €25 (26 B/.) | 58 B/. | - 54% | |
1 cocktail drink in downtown club | €10 (11 B/.) | 10 B/. | + 6% | |
Cappuccino in expat area of the city | €2.50 (2.64 B/.) | 5.52 B/. | - 52% | |
1 beer in neighbourhood pub (500ml or 1pt.) | €2.76 (2.91 B/.) | 2.83 B/. | + 3% | |
Ipad wi-fi 128gb | €450 (475 B/.) | 663 B/. | - 28% | |
1 min. of prepaid mobile tariff (no discounts or plans) | €0.77 (0.81 B/.) | 0.29 B/. | + 184% | |
1 month of gym membership in business district | €72 (76 B/.) | 49 B/. | + 56% | |
1 package of marlboro cigarettes | €5.39 (5.69 B/.) | 5.84 B/. | - 3% | |
TOTAL | + 17% |

These prices were last updated on September 25, 2023.
Exchange rate:
1.054
PAB
/
EUR
Cost of living in Andorra is 17% more expensive than in Panama
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