Panama City
Paris

Panama City vs Paris — Cost of Living Comparison

Panama City
Panama
VS
Paris
France
Estimated average living costs are ~159% lower in Panama City

Panama City

$1,350

avg. monthly cost

Population

880,691

Safety

50/100

Quality

58/100

Cost
45
Safety
50
Life
58

Paris

$3,500

avg. monthly cost

Population

2,161,000

Safety

52/100

Quality

72/100

Cost
85
Safety
52
Life
72

Data last updated:

Compare Two Cities

Estimated average living costs are ~159% lower in Panama City

Overall Monthly Cost Comparison

Panama City

$1,350

estimated per month

Paris

$3,500

estimated per month

Difference

+159.3%

Monthly savings

$2,150

Yearly savings

$25,800

Figures shown are estimated averages for general comparison purposes only and may not reflect individual spending patterns.

Cost Comparison by Category

Monthly averages side by side

Estimated Salary Equivalency (Informational)

What you'd need to earn for the same lifestyle

This calculation provides an estimated comparison based on average living costs and does not represent financial or employment advice.

$/year (USD)

$194,444

+$119,444/year (USD)

Salary equivalency figures are illustrative estimates only and should not be used for employment, negotiation, or financial planning decisions.

Detailed Category Breakdown

Item-by-item price comparison across 7 categories

ItemPanama CityParisDiff
1-Bedroom Apartment (City Center)(per month)
$900.00$1,950.00
+116.7%
1-Bedroom Apartment (Outside Center)(per month)
$580.00$1,250.00
+115.5%
3-Bedroom Apartment (City Center)(per month)
$1,650.00$3,600.00
+118.2%
3-Bedroom Apartment (Outside Center)(per month)
$1,050.00$2,300.00
+119.0%
ItemPanama CityParisDiff
Meal at Inexpensive Restaurant(per meal)
$7.00$16.00
+128.6%
Meal for 2 at Mid-Range Restaurant(per meal)
$35.00$70.00
+100.0%
McMeal at McDonald's(per meal)
$7.00$10.00
+42.9%
Milk (1 liter)(per liter)
$1.40$1.25
-10.7%
Bread (500g loaf)(per loaf)
$1.80$1.60
-11.1%
Rice (1 kg)(per kg)
$1.10$1.90
+72.7%
Eggs (12)(per dozen)
$2.40$3.80
+58.3%
Chicken Breast (1 kg)(per kg)
$5.20$12.50
+140.4%
Apples (1 kg)(per kg)
$2.80$2.80
0.0%
Banana (1 kg)(per kg)
$1.00$2.00
+100.0%
ItemPanama CityParisDiff
Monthly Public Transit Pass(per month)
$25.00$88.00
+252.0%
One-Way Ticket (Local Transport)(per trip)
$0.35$2.20
+528.6%
Taxi Start (Normal Tariff)(base fare)
$1.50$4.00
+166.7%
Taxi 1km (Normal Tariff)(per km)
$0.75$1.80
+140.0%
Gasoline (1 liter)(per liter)
$0.95$1.95
+105.3%
ItemPanama CityParisDiff
Basic Utilities (85m² Apt)(per month)
$100.00$220.00
+120.0%
Mobile Phone Plan(per month)
$20.00$20.00
0.0%
Internet (60 Mbps+)(per month)
$35.00$32.00
-8.6%
ItemPanama CityParisDiff
Doctor Visit(per visit)
$35.00$30.00
-14.3%
Dentist Visit(per visit)
$45.00$45.00
0.0%
Prescription Medicine (avg)(per prescription)
$10.00$10.00
0.0%
ItemPanama CityParisDiff
Fitness Club Monthly(per month)
$40.00$45.00
+12.5%
Cinema Ticket(per ticket)
$5.50$13.00
+136.4%
Cappuccino(per cup)
$3.50$4.20
+20.0%
Beer (0.5l) at Restaurant(per glass)
$3.50$7.00
+100.0%
ItemPanama CityParisDiff
Pair of Jeans (Levi's)(per pair)
$50.00$85.00
+70.0%
Summer Dress (Chain Store)(per item)
$35.00$40.00
+14.3%
Running Shoes (Nike, Adidas)(per pair)
$75.00$100.00
+33.3%

Category values are aggregated estimates and may vary by neighborhood, lifestyle, and market conditions.

Frequently asked questions: Panama City vs Paris

Is Panama City or Paris more expensive?
Paris is more expensive, with a cost of living index of 85 compared with 45 for Panama City.
How much cheaper is Panama City than Paris?
Living in Panama City is around 47% cheaper than Paris, based on their overall cost of living indices.
What is the cost of living difference between Panama City and Paris?
Panama City scores 45 out of 100 on our cost of living index, while Paris scores 85 — where New York City equals 100.