Cost of living in Portugal compared to Panama
Currency:
| Food | - 13% | |||
|---|---|---|---|---|
| Food in Portugal is 13% cheaper than in Panama | ||||
| Portugal | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €11 (11 B/.) | 13 B/. | - 13% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €8 (8 B/.) | 7 B/. | + 18% | |
| 500 gr (1 lb.) of boneless chicken breast | €3.30 (3.50 B/.) | 3.56 B/. | - 2% | |
| 1 liter (1 qt.) of whole fat milk | €0.93 (0.99 B/.) | 1.78 B/. | - 45% | |
| 12 eggs, large | €3.13 (3.32 B/.) | 2.71 B/. | + 22% | |
| 1 kg (2 lb.) of tomatoes | €1.99 (2.11 B/.) | 2.36 B/. | - 11% | |
| 500 gr (16 oz.) of local cheese | €4.47 (4.73 B/.) | 6 B/. | - 27% | |
| 1 kg (2 lb.) of apples | €1.89 (2.00 B/.) | 1.97 B/. | + 2% | |
| 1 kg (2 lb.) of potatoes | €1.29 (1.36 B/.) | 2.79 B/. | - 51% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.05 (1.11 B/.) | 1.26 B/. | - 12% | |
| 1 bottle of red table wine, good quality | €5.16 (5.46 B/.) | 10 B/. | - 45% | |
| 2 liters of coca-cola | €2.37 (2.51 B/.) | 2.56 B/. | - 2% | |
| Bread for 2 people for 1 day | €0.95 (1.01 B/.) | 1.67 B/. | - 40% | |
| Housing | - 7% | |||
| Housing in Portugal is 7% cheaper than in Panama | ||||
| Portugal | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,305 (1,382 B/.) | 1,400 B/. | - 1% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €894 (946 B/.) | 951 B/. | - 1% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €113 (120 B/.) | 114 B/. | + 5% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €922 (977 B/.) | 933 B/. | + 5% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €635 (672 B/.) | 651 B/. | + 3% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €81 (85 B/.) | 92 B/. | - 7% | |
| Internet 8 mbps (1 month) | €22 (24 B/.) | 36 B/. | - 35% | |
| 40” flat screen tv | €338 (358 B/.) | 300 B/. | + 19% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €127 (134 B/.) | 113 B/. | + 19% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (7 B/.) | 29 B/. | - 76% | |
| Hourly rate for cleaning help | €8 (9 B/.) | 10 B/. | - 9% | |
| Clothes | - 32% | |||
| Clothes in Portugal is 32% cheaper than in Panama | ||||
| Portugal | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €80 (84 B/.) | 64 B/. | + 31% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €31 (33 B/.) | 65 B/. | - 50% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €85 (90 B/.) | 113 B/. | - 20% | |
| 1 pair of men’s leather business shoes | €78 (83 B/.) | 175 B/. | - 53% | |
| Transportation | + 33% | |||
| Transportation in Portugal is 33% more expensive than in Panama | ||||
| Portugal | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,972 (26,442 B/.) | 26,529 B/. | - 0% | |
| 1 liter (1/4 gallon) of gas | €1.70 (1.80 B/.) | 1.00 B/. | + 80% | |
| Monthly ticket public transport | €36 (38 B/.) | 26 B/. | + 45% | |
| Personal Care | - 42% | |||
| Personal Care in Portugal is 42% cheaper than in Panama | ||||
| Portugal | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €5.03 (5.32 B/.) | 10 B/. | - 46% | |
| 1 box of antibiotics (12 doses) | €4.70 (4.98 B/.) | 20 B/. | - 75% | |
| Short visit to private doctor (15 minutes) | €68 (72 B/.) | 65 B/. | + 11% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.04 (3.22 B/.) | 8 B/. | - 60% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.53 (3.74 B/.) | 7 B/. | - 50% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.60 (3.81 B/.) | 9 B/. | - 56% | |
| 4 rolls of toilet paper | €1.78 (1.89 B/.) | 3.25 B/. | - 42% | |
| Tube of toothpaste | €2.00 (2.12 B/.) | 3.70 B/. | - 43% | |
| Standard men's haircut in expat area of the city | €13 (14 B/.) | 15 B/. | - 6% | |
| Entertainment | - 40% | |||
| Entertainment in Portugal is 40% cheaper than in Panama | ||||
| Portugal | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | €32 (34 B/.) | 37 B/. | - 8% | |
| 2 tickets to the movies | €13 (14 B/.) | 13 B/. | + 11% | |
| 2 tickets to the theater (best available seats) | €59 (63 B/.) | 30 B/. | + 109% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €46 (49 B/.) | 81 B/. | - 39% | |
| 1 cocktail drink in downtown club | €8 (8 B/.) | 14 B/. | - 42% | |
| Cappuccino in expat area of the city | €2.69 (2.85 B/.) | 5.00 B/. | - 43% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €1.72 (1.82 B/.) | 6 B/. | - 70% | |
| Ipad wi-fi 128gb | €466 (493 B/.) | 400 B/. | + 23% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.15 (0.16 B/.) | 0.50 B/. | - 68% | |
| 1 month of gym membership in business district | €34 (36 B/.) | 64 B/. | - 44% | |
| 1 package of marlboro cigarettes | €5.30 (5.61 B/.) | 8 B/. | - 26% | |
| TOTAL | - 12% | |||
These prices were last updated on December 05, 2024.
Exchange rate:
1.059
PAB
/
EUR
This comparison is based on abundant and consistent data. It is based on 2,572 prices entered by 276 different people.
Cost of living in Portugal is 12% cheaper than in Panama
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