- Cost of Living
- Portugal
- Panama
- Comparison
Cost of living in Portugal compared to Panama
Currency:
| Food | - 23% | |||
|---|---|---|---|---|
| Food in Portugal is 23% cheaper than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | €9 (10 B/.) | 12 B/. | - 10% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | €5.78 (7 B/.) | 6 B/. | + 1% | |
| 500 gr (1 lb.) of boneless chicken breast | €2.90 (3.30 B/.) | 3.98 B/. | - 17% | |
| 1 liter (1 qt.) of whole fat milk | €0.69 (0.79 B/.) | 1.58 B/. | - 50% | |
| 12 eggs, large | €2.12 (2.41 B/.) | 2.55 B/. | - 6% | |
| 1 kg (2 lb.) of tomatoes | €1.43 (1.62 B/.) | 3.48 B/. | - 53% | |
| 500 gr (16 oz.) of local cheese | €4.40 (5.00 B/.) | 5.09 B/. | - 2% | |
| 1 kg (2 lb.) of apples | €1.50 (1.70 B/.) | 5.00 B/. | - 66% | |
| 1 kg (2 lb.) of potatoes | €0.90 (1.03 B/.) | 1.66 B/. | - 38% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.05 (1.19 B/.) | 1.01 B/. | + 17% | |
| 1 bottle of red table wine, good quality | €5.59 (6 B/.) | 9 B/. | - 27% | |
| 2 liters of Coca-Cola | €2.01 (2.29 B/.) | 2.32 B/. | - 1% | |
| Bread for 2 people for 1 day | €0.82 (0.93 B/.) | 1.59 B/. | - 41% | |
| Housing | - 12% | |||
| Housing in Portugal is 12% cheaper than in Panama | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | €1,087 (1,234 B/.) | 1,559 B/. | - 21% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | €780 (886 B/.) | 1,050 B/. | - 16% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €127 (144 B/.) | 164 B/. | - 12% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | €791 (898 B/.) | 1,032 B/. | - 13% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | €509 (578 B/.) | 635 B/. | - 9% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | €90 (102 B/.) | 124 B/. | - 18% | |
| Internet 8 Mbps (1 month) | €26 (30 B/.) | 32 B/. | - 7% | |
| 40” flat screen TV | €350 (397 B/.) | 364 B/. | + 9% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | €87 (99 B/.) | 89 B/. | + 11% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (8 B/.) | 10 B/. | - 15% | |
| Hourly rate for cleaning help | €7 (8 B/.) | 4.26 B/. | + 99% | |
| Clothes | - 11% | |||
| Clothes in Portugal is 11% cheaper than in Panama | ||||
| 1 pair of jeans (Levis 501 or similar) | €80 (91 B/.) | 68 B/. | + 35% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | €28 (32 B/.) | 48 B/. | - 33% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | €82 (93 B/.) | 81 B/. | + 15% | |
| 1 pair of men’s leather business shoes | €94 (107 B/.) | 98 B/. | + 9% | |
| Transportation | + 36% | |||
| Transportation in Portugal is 36% more expensive than in Panama | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | €26,407 (29,985 B/.) | 19,573 B/. | + 53% | |
| 1 liter (1/4 gallon) of gas | €1.54 (1.74 B/.) | 0.77 B/. | + 125% | |
| Monthly ticket public transport | €38 (43 B/.) | 38 B/. | + 12% | |
| Personal Care | - 26% | |||
| Personal Care in Portugal is 26% cheaper than in Panama | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | €6 (7 B/.) | 6 B/. | + 14% | |
| 1 box of antibiotics (12 doses) | €9 (10 B/.) | 33 B/. | - 69% | |
| Short visit to private Doctor (15 minutes) | €46 (52 B/.) | 40 B/. | + 32% | |
| 1 box of 32 tampons (Tampax, OB, ...) | €3.57 (4.05 B/.) | 11 B/. | - 62% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.27 (3.71 B/.) | 5.48 B/. | - 32% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €4.50 (5.11 B/.) | 6.00 B/. | - 15% | |
| 4 rolls of toilet paper | €1.87 (2.12 B/.) | 3.31 B/. | - 36% | |
| Tube of toothpaste | €2.42 (2.75 B/.) | 2.41 B/. | + 14% | |
| Standard men's haircut in expat area of the city | €12 (14 B/.) | 13 B/. | + 9% | |
| Entertainment | - 30% | |||
| Entertainment in Portugal is 30% cheaper than in Panama | ||||
| Basic dinner out for two in neighborhood pub | €27 (30 B/.) | 48 B/. | - 37% | |
| 2 tickets to the movies | €12 (14 B/.) | 12 B/. | + 22% | |
| 2 tickets to the theater (best available seats) | €46 (52 B/.) | 125 B/. | - 59% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | €43 (48 B/.) | 75 B/. | - 35% | |
| 1 cocktail drink in downtown club | €7 (8 B/.) | 9 B/. | - 11% | |
| Cappuccino in expat area of the city | €2.47 (2.81 B/.) | 4.06 B/. | - 31% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €1.96 (2.22 B/.) | 4.16 B/. | - 47% | |
| iPad Wi-Fi 128GB | €501 (569 B/.) | 598 B/. | - 5% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.27 (0.31 B/.) | 0.50 B/. | - 38% | |
| 1 month of gym membership in business district | €37 (42 B/.) | 54 B/. | - 22% | |
| 1 package of Marlboro cigarettes | €4.97 (5.65 B/.) | 5.38 B/. | + 5% | |
| TOTAL | - 11% | |||
These prices were last updated on January 22, 2019.
Exchange rate:
1.136
PAB
/
EUR
This comparison is based on abundant and consistent data. It is based on 3,916 prices entered by 490 different people.
Cost of living in Portugal is 11% cheaper than in Panama
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