Cost of living in Panama City (Panama) is 12% more expensive than in Dresden (Germany)
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This comparison is based on abundant and consistent data. It is based on 753 prices entered by 87 different people.
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Currency:
| Food | + 39% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 39% more expensive than in Dresden (Germany) | ||||
| Update prices | Update prices | |||
| Panama City | Dresden | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 20 B/. (€18) | €11 | + 69% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (€7) | €7 | + 7% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.82 B/. (€3.57) | €3.86 | - 8% | |
| 1 liter (1 qt.) of whole fat milk | 1.70 B/. (€1.58) | €0.86 | + 85% | |
| 12 eggs, large | 2.69 B/. (€2.51) | €2.27 | + 11% | |
| 1 kg (2 lb.) of tomatoes | 2.39 B/. (€2.23) | €2.67 | - 16% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (€8) | €5.27 | + 49% | |
| 1 kg (2 lb.) of apples | 2.75 B/. (€2.57) | €2.51 | + 2% | |
| 1 kg (2 lb.) of potatoes | 1.99 B/. (€1.86) | €1.74 | + 7% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.42 B/. (€1.33) | €0.67 | + 97% | |
| 1 bottle of red table wine, good quality | 14 B/. (€13) | €5.35 | + 148% | |
| 2 liters of coca-cola | 2.47 B/. (€2.30) | €1.60 | + 44% | |
| Bread for 2 people for 1 day | 1.77 B/. (€1.66) | €0.79 | + 110% | |
| Housing | + 26% | |||
| Housing in Panama City (Panama) is 26% more expensive than in Dresden (Germany) | ||||
| Update prices | Update prices | |||
| Panama City | Dresden | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,583 B/. (€1,479) | €1,195 | + 24% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 923 B/. (€863) | €777 | + 11% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 131 B/. (€122) | €178 | - 31% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,012 B/. (€946) | €587 | + 61% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 608 B/. (€568) | €415 | + 37% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 88 B/. (€82) | €99 | - 18% | |
| Internet 8 mbps (1 month) | 48 B/. (€45) | €24 | + 86% | |
| 40” flat screen tv | 337 B/. (€315) | €525 | - 40% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 110 B/. (€103) | €105 | - 2% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (€8) | €5.38 | + 56% | |
| Hourly rate for cleaning help | 5.54 B/. (€5.18) | €12 | - 56% | |
| Clothes | - 7% | |||
| Clothes in Panama City (Panama) is 7% cheaper than in Dresden (Germany) | ||||
| Update prices | Update prices | |||
| Panama City | Dresden | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 49 B/. (€46) | €71 | - 35% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (€32) | €30 | + 5% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 92 B/. (€86) | €82 | + 5% | |
| 1 pair of men’s leather business shoes | 94 B/. (€88) | €92 | - 4% | |
| Transportation | - 28% | |||
| Transportation in Panama City (Panama) is 28% cheaper than in Dresden (Germany) | ||||
| Update prices | Update prices | |||
| Panama City | Dresden | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,776 B/. (€21,274) | €22,531 | - 6% | |
| 1 liter (1/4 gallon) of gas | 1.30 B/. (€1.21) | €1.49 | - 18% | |
| Monthly ticket public transport | 42 B/. (€39) | €62 | - 38% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 11 B/. (€10) | €15 | - 30% | |
| Personal Care | + 84% | |||
| Personal Care in Panama City (Panama) is 84% more expensive than in Dresden (Germany) | ||||
| Update prices | Update prices | |||
| Panama City | Dresden | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (€7) | €7 | - 7% | |
| 1 box of antibiotics (12 doses) | 29 B/. (€27) | €12 | + 124% | |
| Short visit to private doctor (15 minutes) | 51 B/. (€48) | €46 | + 3% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (€6) | €3.50 | + 80% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.17 B/. (€4.83) | €2.20 | + 120% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (€7) | €2.16 | + 235% | |
| 4 rolls of toilet paper | 4.20 B/. (€3.92) | €1.23 | + 218% | |
| Tube of toothpaste | 4.12 B/. (€3.85) | €1.43 | + 169% | |
| Standard men's haircut in expat area of the city | 17 B/. (€16) | €16 | - 3% | |
| Entertainment | + 37% | |||
| Entertainment in Panama City (Panama) is 37% more expensive than in Dresden (Germany) | ||||
| Update prices | Update prices | |||
| Panama City | Dresden | Diff | ||
| Basic dinner out for two in neighborhood pub | 32 B/. (€30) | €27 | + 9% | |
| 2 tickets to the movies | 13 B/. (€12) | €16 | - 27% | |
| 2 tickets to the theater (best available seats) | 43 B/. (€41) | €69 | - 42% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 53 B/. (€49) | €51 | - 4% | |
| 1 cocktail drink in downtown club | 10 B/. (€9) | €6 | + 45% | |
| Cappuccino in expat area of the city | 5.75 B/. (€5.37) | €2.67 | + 101% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.19 B/. (€2.98) | €2.93 | + 2% | |
| Ipad wi-fi 128gb | 699 B/. (€653) | €460 | + 42% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.33 B/. (€0.31) | €0.09 | + 241% | |
| 1 month of gym membership in business district | 53 B/. (€49) | €34 | + 44% | |
| 1 package of marlboro cigarettes | 5.97 B/. (€5.57) | €5.74 | - 3% | |
 |
TOTAL | + 12% | ||
These prices were last updated on March 21, 2023.
Exchange rate:
0.934
EUR
/
PAB
This comparison is based on abundant and consistent data. It is based on 753 prices entered by 87 different people.
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