Cost of living in Panama compared to Croatia
Currency:
Food | - 14% | |||
---|---|---|---|---|
Food in Panama is 14% cheaper than in Croatia | ||||
Panama | Croatia | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 15 B/. (€14) | €19 | - 29% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (€7) | €9 | - 26% | |
500 gr (1 lb.) of boneless chicken breast | 3.00 B/. (€2.78) | €5.04 | - 45% | |
1 liter (1 qt.) of whole fat milk | 1.77 B/. (€1.64) | €1.27 | + 29% | |
12 eggs, large | 2.61 B/. (€2.42) | €3.32 | - 27% | |
1 kg (2 lb.) of tomatoes | 2.47 B/. (€2.29) | €2.47 | - 7% | |
500 gr (16 oz.) of local cheese | 6 B/. (€5.58) | €11 | - 52% | |
1 kg (2 lb.) of apples | 3.32 B/. (€3.08) | €2.75 | + 12% | |
1 kg (2 lb.) of potatoes | 2.27 B/. (€2.10) | €2.00 | + 5% | |
0.5 l (16 oz) domestic beer in the supermarket | 1.39 B/. (€1.29) | €1.76 | - 27% | |
1 bottle of red table wine, good quality | 9 B/. (€9) | €7 | + 15% | |
2 liters of coca-cola | 2.29 B/. (€2.12) | €2.49 | - 15% | |
Bread for 2 people for 1 day | 2.19 B/. (€2.02) | €0.93 | + 119% | |
Housing | + 23% | |||
Housing in Panama is 23% more expensive than in Croatia | ||||
Panama | Croatia | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,470 B/. (€1,361) | €1,065 | + 28% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 969 B/. (€897) | €831 | + 8% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 126 B/. (€117) | €133 | - 12% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 921 B/. (€852) | €642 | + 33% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 607 B/. (€562) | €528 | + 6% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 97 B/. (€90) | €108 | - 17% | |
Internet 8 mbps (1 month) | 44 B/. (€41) | €17 | + 132% | |
40” flat screen tv | 280 B/. (€259) | €305 | - 15% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 131 B/. (€121) | €95 | + 27% | |
Laundry detergent (3 l. ~ 100 oz.) | 22 B/. (€20) | €26 | - 22% | |
Hourly rate for cleaning help | 11 B/. (€11) | €13 | - 19% | |
Clothes | + 39% | |||
Clothes in Panama is 39% more expensive than in Croatia | ||||
Panama | Croatia | Diff | ||
1 pair of jeans (levis 501 or similar) | 44 B/. (€40) | €49 | - 18% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 49 B/. (€45) | €26 | + 76% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 110 B/. (€102) | €77 | + 32% | |
1 pair of men’s leather business shoes | 146 B/. (€136) | €64 | + 113% | |
Transportation | - 37% | |||
Transportation in Panama is 37% cheaper than in Croatia | ||||
Panama | Croatia | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 24,370 B/. (€22,561) | €28,025 | - 19% | |
1 liter (1/4 gallon) of gas | 0.97 B/. (€0.90) | €1.51 | - 41% | |
Monthly ticket public transport | 27 B/. (€25) | €48 | - 47% | |
Personal Care | + 102% | |||
Personal Care in Panama is 102% more expensive than in Croatia | ||||
Panama | Croatia | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 10 B/. (€10) | €7 | + 29% | |
1 box of antibiotics (12 doses) | 19 B/. (€18) | €9 | + 95% | |
Short visit to private doctor (15 minutes) | 63 B/. (€59) | €50 | + 17% | |
1 box of 32 tampons (tampax, ob, ...) | 11 B/. (€11) | €5.00 | + 112% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 7 B/. (€7) | €2.91 | + 127% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 9 B/. (€8) | €2.24 | + 252% | |
4 rolls of toilet paper | 4.49 B/. (€4.16) | €1.00 | + 316% | |
Tube of toothpaste | 3.34 B/. (€3.09) | €2.00 | + 54% | |
Standard men's haircut in expat area of the city | 45 B/. (€42) | €12 | + 234% | |
Entertainment | + 18% | |||
Entertainment in Panama is 18% more expensive than in Croatia | ||||
Panama | Croatia | Diff | ||
Basic dinner out for two in neighborhood pub | 36 B/. (€33) | €44 | - 25% | |
2 tickets to the movies | 11 B/. (€10) | €15 | - 29% | |
2 tickets to the theater (best available seats) | 35 B/. (€32) | €30 | + 8% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 66 B/. (€61) | €81 | - 25% | |
1 cocktail drink in downtown club | 17 B/. (€16) | €12 | + 32% | |
Cappuccino in expat area of the city | 8 B/. (€8) | €2.38 | + 223% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 4.62 B/. (€4.27) | €3.96 | + 8% | |
Ipad wi-fi 128gb | 805 B/. (€745) | €938 | - 21% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (€0.46) | €0.10 | + 363% | |
1 month of gym membership in business district | 57 B/. (€53) | €78 | - 32% | |
1 package of marlboro cigarettes | 8 B/. (€7) | €5.34 | + 40% | |
TOTAL | + 1% |

These prices were last updated on March 25, 2025.
Exchange rate:
0.926
EUR
/
PAB
Cost of living in Panama is about the same as in Croatia
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