Cost of living in Portugal compared to Panama
Currency:
| Food | - 15% | |||
|---|---|---|---|---|
| Food in Portugal is 15% cheaper than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | €9 (10 B/.) | 12 B/. | - 11% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €7 (8 B/.) | 7 B/. | + 13% | |
| 500 gr (1 lb.) of boneless chicken breast | €2.85 (3.46 B/.) | 2.86 B/. | + 21% | |
| 1 liter (1 qt.) of whole fat milk | €0.61 (0.74 B/.) | 1.52 B/. | - 52% | |
| 12 eggs, large | €2.15 (2.61 B/.) | 2.98 B/. | - 12% | |
| 1 kg (2 lb.) of tomatoes | €1.35 (1.63 B/.) | 2.68 B/. | - 39% | |
| 500 gr (16 oz.) of local cheese | €4.68 (5.68 B/.) | 5.99 B/. | - 5% | |
| 1 kg (2 lb.) of apples | €1.32 (1.60 B/.) | 2.92 B/. | - 45% | |
| 1 kg (2 lb.) of potatoes | €1.08 (1.31 B/.) | 2.01 B/. | - 35% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €0.93 (1.12 B/.) | 1.02 B/. | + 11% | |
| 1 bottle of red table wine, good quality | €4.30 (5.21 B/.) | 10 B/. | - 48% | |
| 2 liters of coca-cola | €1.90 (2.31 B/.) | 2.18 B/. | + 6% | |
| Bread for 2 people for 1 day | €0.93 (1.12 B/.) | 1.65 B/. | - 32% | |
| Housing | + 1% | |||
| Housing in Portugal is about the same as in Panama | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,088 (1,319 B/.) | 1,298 B/. | + 2% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €725 (880 B/.) | 919 B/. | - 4% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €109 (133 B/.) | 109 B/. | + 21% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €707 (857 B/.) | 918 B/. | - 7% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €497 (603 B/.) | 673 B/. | - 10% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €94 (114 B/.) | 79 B/. | + 44% | |
| Internet 8 mbps (1 month) | €27 (33 B/.) | 41 B/. | - 20% | |
| 40” flat screen tv | €388 (471 B/.) | 389 B/. | + 21% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €111 (135 B/.) | 101 B/. | + 34% | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 (11 B/.) | 8 B/. | + 42% | |
| Hourly rate for cleaning help | €8 (9 B/.) | 5.37 B/. | + 70% | |
| Clothes | + 27% | |||
| Clothes in Portugal is 27% more expensive than in Panama | ||||
| 1 pair of jeans (levis 501 or similar) | €72 (88 B/.) | 44 B/. | + 98% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €31 (38 B/.) | 38 B/. | + 0% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €77 (94 B/.) | 68 B/. | + 39% | |
| 1 pair of men’s leather business shoes | €81 (98 B/.) | 78 B/. | + 26% | |
| Transportation | + 52% | |||
| Transportation in Portugal is 52% more expensive than in Panama | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €25,290 (30,661 B/.) | 20,866 B/. | + 47% | |
| 1 liter (1/4 gallon) of gas | €1.47 (1.79 B/.) | 0.70 B/. | + 154% | |
| Monthly ticket public transport | €37 (45 B/.) | 32 B/. | + 38% | |
| Personal Care | - 16% | |||
| Personal Care in Portugal is 16% cheaper than in Panama | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €5.41 (7 B/.) | 11 B/. | - 42% | |
| 1 box of antibiotics (12 doses) | €4.61 (5.59 B/.) | 19 B/. | - 71% | |
| Short visit to private doctor (15 minutes) | €44 (53 B/.) | 45 B/. | + 20% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.15 (3.82 B/.) | 3.83 B/. | - 0% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.63 (4.40 B/.) | 3.02 B/. | + 46% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.47 (4.21 B/.) | 5.59 B/. | - 25% | |
| 4 rolls of toilet paper | €1.40 (1.70 B/.) | 2.11 B/. | - 20% | |
| Tube of toothpaste | €1.88 (2.28 B/.) | 2.90 B/. | - 21% | |
| Standard men's haircut in expat area of the city | €14 (16 B/.) | 14 B/. | + 15% | |
| Entertainment | - 11% | |||
| Entertainment in Portugal is 11% cheaper than in Panama | ||||
| Basic dinner out for two in neighborhood pub | €27 (33 B/.) | 33 B/. | + 1% | |
| 2 tickets to the movies | €13 (15 B/.) | 11 B/. | + 33% | |
| 2 tickets to the theater (best available seats) | €47 (57 B/.) | 39 B/. | + 47% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €39 (48 B/.) | 54 B/. | - 11% | |
| 1 cocktail drink in downtown club | €8 (9 B/.) | 10 B/. | - 5% | |
| Cappuccino in expat area of the city | €2.82 (3.42 B/.) | 4.62 B/. | - 26% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €1.87 (2.27 B/.) | 3.94 B/. | - 42% | |
| Ipad wi-fi 128gb | €481 (584 B/.) | 537 B/. | + 9% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.14 (0.16 B/.) | 0.34 B/. | - 51% | |
| 1 month of gym membership in business district | €40 (49 B/.) | 46 B/. | + 6% | |
| 1 package of marlboro cigarettes | €4.85 (5.88 B/.) | 5.35 B/. | + 10% | |
| TOTAL | + 4% | |||
These prices were last updated on January 15, 2021.
Exchange rate:
1.212
PAB
/
EUR
This comparison is based on abundant and consistent data. It is based on 2,293 prices entered by 313 different people.
Cost of living in Portugal is 4% more expensive than in Panama
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