- Cost of Living
- Portugal
- Panama
- Comparison
Cost of living in Portugal compared to Panama
Currency:
| Food | - 24% | |||
|---|---|---|---|---|
| Food in Portugal is 24% cheaper than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | €9 (10 B/.) | 12 B/. | - 16% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | €5.76 (7 B/.) | 6 B/. | + 2% | |
| 500 gr (1 lb.) of boneless chicken breast | €2.95 (3.38 B/.) | 3.57 B/. | - 5% | |
| 1 liter (1 qt.) of whole fat milk | €0.71 (0.81 B/.) | 1.62 B/. | - 50% | |
| 12 eggs, large | €2.06 (2.37 B/.) | 2.92 B/. | - 19% | |
| 1 kg (2 lb.) of tomatoes | €1.32 (1.52 B/.) | 3.20 B/. | - 53% | |
| 500 gr (16 oz.) of local cheese | €4.41 (5.06 B/.) | 4.68 B/. | + 8% | |
| 1 kg (2 lb.) of apples | €1.43 (1.64 B/.) | 4.51 B/. | - 64% | |
| 1 kg (2 lb.) of potatoes | €0.85 (0.98 B/.) | 2.00 B/. | - 51% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €0.99 (1.13 B/.) | 0.87 B/. | + 30% | |
| 1 bottle of red table wine, good quality | €5.85 (7 B/.) | 9 B/. | - 23% | |
| 2 liters of Coca-Cola | €1.94 (2.22 B/.) | 2.23 B/. | - 0% | |
| Bread for 2 people for 1 day | €0.87 (1.00 B/.) | 1.62 B/. | - 38% | |
| Housing | - 11% | |||
| Housing in Portugal is 11% cheaper than in Panama | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | €1,057 (1,213 B/.) | 1,595 B/. | - 24% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | €775 (889 B/.) | 1,004 B/. | - 11% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €117 (134 B/.) | 130 B/. | + 4% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | €764 (877 B/.) | 988 B/. | - 11% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | €492 (565 B/.) | 602 B/. | - 6% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | €82 (95 B/.) | 108 B/. | - 13% | |
| Internet 8 Mbps (1 month) | €25 (29 B/.) | 31 B/. | - 8% | |
| 40” flat screen TV | €388 (445 B/.) | 350 B/. | + 27% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | €98 (112 B/.) | 95 B/. | + 18% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (8 B/.) | 9 B/. | - 10% | |
| Hourly rate for cleaning help | €7 (8 B/.) | 4.18 B/. | + 90% | |
| Clothes | + 2% | |||
| Clothes in Portugal is 2% more expensive than in Panama | ||||
| 1 pair of jeans (Levis 501 or similar) | €78 (90 B/.) | 67 B/. | + 33% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | €29 (34 B/.) | 39 B/. | - 14% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | €83 (95 B/.) | 82 B/. | + 15% | |
| 1 pair of men’s leather business shoes | €92 (106 B/.) | 97 B/. | + 9% | |
| Transportation | + 40% | |||
| Transportation in Portugal is 40% more expensive than in Panama | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | €26,621 (30,551 B/.) | 20,119 B/. | + 52% | |
| 1 liter (1/4 gallon) of gas | €1.51 (1.73 B/.) | 0.80 B/. | + 117% | |
| Monthly ticket public transport | €39 (45 B/.) | 37 B/. | + 20% | |
| Personal Care | - 21% | |||
| Personal Care in Portugal is 21% cheaper than in Panama | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | €5.33 (6 B/.) | 5.19 B/. | + 18% | |
| 1 box of antibiotics (12 doses) | €8 (9 B/.) | 28 B/. | - 68% | |
| Short visit to private Doctor (15 minutes) | €47 (54 B/.) | 41 B/. | + 32% | |
| 1 box of 32 tampons (Tampax, OB, ...) | €3.60 (4.13 B/.) | 8 B/. | - 49% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.37 (3.87 B/.) | 5.51 B/. | - 30% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €4.25 (4.88 B/.) | 5.59 B/. | - 13% | |
| 4 rolls of toilet paper | €1.92 (2.21 B/.) | 3.28 B/. | - 33% | |
| Tube of toothpaste | €2.28 (2.62 B/.) | 2.86 B/. | - 8% | |
| Standard men's haircut in expat area of the city | €12 (14 B/.) | 13 B/. | + 9% | |
| Entertainment | - 22% | |||
| Entertainment in Portugal is 22% cheaper than in Panama | ||||
| Basic dinner out for two in neighborhood pub | €26 (30 B/.) | 50 B/. | - 40% | |
| 2 tickets to the movies | €12 (14 B/.) | 12 B/. | + 20% | |
| 2 tickets to the theater (best available seats) | €45 (51 B/.) | 104 B/. | - 51% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | €41 (47 B/.) | 71 B/. | - 35% | |
| 1 cocktail drink in downtown club | €7 (8 B/.) | 9 B/. | - 6% | |
| Cappuccino in expat area of the city | €2.96 (3.40 B/.) | 4.03 B/. | - 15% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €2.61 (3.00 B/.) | 4.06 B/. | - 26% | |
| iPad Wi-Fi 128GB | €520 (596 B/.) | 586 B/. | + 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.25 (0.28 B/.) | - | - | |
| 1 month of gym membership in business district | €37 (43 B/.) | 58 B/. | - 26% | |
| 1 package of Marlboro cigarettes | €4.97 (5.70 B/.) | 5.21 B/. | + 9% | |
| TOTAL | - 7% | |||
These prices were last updated on October 22, 2018.
Exchange rate:
1.148
PAB
/
EUR
This comparison is based on abundant and consistent data. It is based on 4,108 prices entered by 521 different people.
Cost of living in Portugal is 7% cheaper than in Panama
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