Cost of living in Slovakia compared to Panama
Currency:
| Food | - 17% | |||
|---|---|---|---|---|
| Food in Slovakia is 17% cheaper than in Panama | ||||
| Slovakia | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €10 (10 B/.) | 18 B/. | - 42% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €6 (6 B/.) | 8 B/. | - 17% | |
| 500 gr (1 lb.) of boneless chicken breast | €4.00 (4.31 B/.) | 3.95 B/. | + 9% | |
| 1 liter (1 qt.) of whole fat milk | €0.73 (0.79 B/.) | 1.64 B/. | - 52% | |
| 12 eggs, large | €3.01 (3.24 B/.) | 2.92 B/. | + 11% | |
| 1 kg (2 lb.) of tomatoes | €9 (9 B/.) | 2.52 B/. | + 267% | |
| 500 gr (16 oz.) of local cheese | €5.99 (6 B/.) | 8 B/. | - 21% | |
| 1 kg (2 lb.) of apples | €1.16 (1.25 B/.) | 2.72 B/. | - 54% | |
| 1 kg (2 lb.) of potatoes | €1.05 (1.13 B/.) | 2.06 B/. | - 45% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €0.85 (0.91 B/.) | 1.37 B/. | - 34% | |
| 1 bottle of red table wine, good quality | €7 (7 B/.) | 13 B/. | - 47% | |
| 2 liters of coca-cola | €1.43 (1.54 B/.) | 2.52 B/. | - 39% | |
| Bread for 2 people for 1 day | €0.86 (0.92 B/.) | 1.89 B/. | - 51% | |
| Housing | - 18% | |||
| Housing in Slovakia is 18% cheaper than in Panama | ||||
| Slovakia | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €997 (1,073 B/.) | 1,424 B/. | - 25% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €635 (684 B/.) | 830 B/. | - 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €200 (215 B/.) | 114 B/. | + 90% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €835 (900 B/.) | 937 B/. | - 4% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €501 (540 B/.) | 863 B/. | - 38% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €67 (73 B/.) | 92 B/. | - 21% | |
| Internet 8 mbps (1 month) | €11 (12 B/.) | 43 B/. | - 72% | |
| 40” flat screen tv | €344 (370 B/.) | 431 B/. | - 14% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €169 (182 B/.) | 99 B/. | + 84% | |
| Laundry detergent (3 l. ~ 100 oz.) | €19 (20 B/.) | 8 B/. | + 157% | |
| Hourly rate for cleaning help | €12 (13 B/.) | 11 B/. | + 25% | |
| Clothes | + 127% | |||
| Clothes in Slovakia is 127% more expensive than in Panama | ||||
| Slovakia | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €81 (88 B/.) | 43 B/. | + 104% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €80 (86 B/.) | 29 B/. | + 194% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €100 (108 B/.) | 79 B/. | + 36% | |
| 1 pair of men’s leather business shoes | €80 (86 B/.) | 83 B/. | + 4% | |
| Transportation | + 3% | |||
| Transportation in Slovakia is about the same as in Panama | ||||
| Slovakia | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,454 (26,339 B/.) | 22,953 B/. | + 15% | |
| 1 liter (1/4 gallon) of gas | €1.70 (1.83 B/.) | 1.46 B/. | + 25% | |
| Monthly ticket public transport | €33 (36 B/.) | 40 B/. | - 10% | |
| Personal Care | - 38% | |||
| Personal Care in Slovakia is 38% cheaper than in Panama | ||||
| Slovakia | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €8 (9 B/.) | 11 B/. | - 19% | |
| 1 box of antibiotics (12 doses) | €4.79 (5.16 B/.) | 29 B/. | - 82% | |
| Short visit to private doctor (15 minutes) | €50 (54 B/.) | 47 B/. | + 15% | |
| 1 box of 32 tampons (tampax, ob, ...) | €2.44 (2.62 B/.) | 7 B/. | - 62% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.76 (4.05 B/.) | 4.44 B/. | - 9% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.91 (3.13 B/.) | 7 B/. | - 52% | |
| 4 rolls of toilet paper | €1.46 (1.57 B/.) | 3.61 B/. | - 57% | |
| Tube of toothpaste | €2.08 (2.24 B/.) | 3.54 B/. | - 37% | |
| Standard men's haircut in expat area of the city | €21 (23 B/.) | 15 B/. | + 50% | |
| Entertainment | - 34% | |||
| Entertainment in Slovakia is 34% cheaper than in Panama | ||||
| Slovakia | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | €27 (29 B/.) | 28 B/. | + 3% | |
| 2 tickets to the movies | €23 (25 B/.) | 12 B/. | + 97% | |
| 2 tickets to the theater (best available seats) | €162 (174 B/.) | 34 B/. | + 408% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €46 (50 B/.) | 57 B/. | - 12% | |
| 1 cocktail drink in downtown club | €7 (8 B/.) | 11 B/. | - 30% | |
| Cappuccino in expat area of the city | €2.19 (2.36 B/.) | 5.46 B/. | - 57% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €2.00 (2.15 B/.) | 2.82 B/. | - 23% | |
| Ipad wi-fi 128gb | €293 (316 B/.) | 632 B/. | - 50% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.11 (0.12 B/.) | 0.50 B/. | - 76% | |
| 1 month of gym membership in business district | €30 (32 B/.) | 46 B/. | - 29% | |
| 1 package of marlboro cigarettes | €4.74 (5.11 B/.) | 5.70 B/. | - 10% | |
| TOTAL | - 12% | |||
These prices were last updated on March 15, 2023.
Exchange rate:
1.077
PAB
/
EUR
This comparison is based on abundant and consistent data. It is based on 894 prices entered by 110 different people.
Cost of living in Slovakia is 12% cheaper than in Panama
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