El Salvador vs Panama - Cost of Living Comparison

El Salvador Panama
🚶 Cost of living one person
$931
$1229
👨‍👩‍👧‍👦 Cost of living Family
$2061
$2652
🏠 One person rent
$467
$698
🏘️ Family rent
$695
$984
🍽️ Food expenses
$305
$382
🚐 Transport expenses
$73.4
$61.5
💳 Monthly salary after tax
$385
$834
💸 GDP per capita
$5127
$17358
😃 Human freedom index
6.65
7.52
❤️ Life expectancy
70.7
76.2
👮 Corruption perceptions index
33
36
🌐 English speaking %
1%
14%
🎓 Higher education
41
48
😀 Quality of life
26
56
🏙️ Population
5.74M
4.1M

The average cost of living in El Salvador ($931) is 24% less expensive than in Panama ($1229). El Salvador ranked 86th vs 47th for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.4 months in El Salvador compared to 0.7 months in Panama. Ranked 160th and 72nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in El Salvador vs Panama infographic

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Prices in El Salvador vs Panama

We calculate prices for El Salvador and Panama as a population-weighted mean of 10 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

El Salvador Panama
Eating Out
🍱 Lunch Menu
$5.51
$8.21
🥂 Dinner in a Restaurant, for 2
$23.1
$38.2
🥪 Fast food meal, equiv. McDonald's
$6.54
$6.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.52
$2.33
 Cappuccino
$2.36
$4.01
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.85
$1.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$560
$746
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$348
$529
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$776
$1322
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$555
$688
🔌 Utility Bill one person, electricity, heating, water, etc.
$37.3
$82.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$57.3
$127
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$39
$41
🏦 Mortgage Interest Rate for 20 Years
14.7%
6.32%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1229
$2278
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$974
$1359
Transportation
🚌 Local transport ticket
$0.35
$0.39
🎟️ Monthly ticket local transport
$25
$31
🚕 Taxi Ride, 8 km or 5 mi
$28.3
$11.3
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.1
Groceries
🥛 Milk, 1 L or 1 qt
$1.91
$1.75
🍞 Bread, 0.5 kg or 1.1 lb
$2.07
$2.03
🍚 Rice, 1 kg or 2.2 lb
$1.14
$1.93
🥚 Eggs, x12
$2.28
$2.44
🧀 Cheese, 1 kg or 2.2 lb
$8.31
$10.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.16
$6.05
🥩 Round Steak, 1 kg or 2.2 lb
$7.52
$7.84
🍏 Apples, 1 kg or 2.2 lb
$3.44
$2.8
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.3
🍊 Oranges, 1 kg or 2.2 lb
$3.2
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$2.22
$2.82
🥔 Potato, 1 kg or 2.2 lb
$3.07
$2.06
🧅 Onion, 1 kg or 2.2 lb
$1.85
$1.97
🌊 Water, 1 L or 1 qt
$0.6
$0.92
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.12
$2.42
🍾 Wine (mid-priced), 750 mL bottle
$10
$9.53
🍺 Beer, 0.5 L or 16 fl oz
$1.48
$1.21
🚬 Cigarette pack
$3.65
$6.07
💊 Cold medicince, 1 week
$6.83
$12.2
🧴 Hair Shampoo
$5.95
$6.75
🧻 Toilet paper, 4 rolls
$2.33
$3.34
👄 Toothpaste, 1 tube
$1.25
$3.09
Other
🏋️ Gym Membership, 1 month
$31.1
$37.7
🎫 Cinema Ticket, 1 person
$4.52
$6.26
👩‍⚕️ Doctor's visit
$36
$41.8
💇 Haircut, simple
$9.61
$11.5
👖 Brand Jeans
$48.4
$47.1
👟 Brand Sneakers
$95.5
$71.5
👶 Daycare or Preschool, 1 month
$108
$391
🏫 International Primary School, 1 year
$4248
$8930

Cost of living in other countries

Cost of living

Cities Comparison in El Salvador vs Panama

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Cost of Living in Popular cities

In El Salvador

City Cost of living Population
San Salvador
$1062
316K
Soyapango
$917
241K
San Miguel
$954
218K
Santa Ana
$784
245K
Mejicanos
$946
141K
Apopa
$943
131K
Santa Tecla
$966
122K
Ahuachapan
$865
111K
Usulutan
$903
73.1K
Sonsonate
$844
71.5K

In Panama

City Cost of living Population
Panama City
$1284
881K
Colon
$1592
242K
Tocumen
$1062
103K
Santiago de Veraguas
$988
89K
David
$755
82.9K
La Chorrera
$800
68.9K
Balboa
$1156
62.9K
Pacora
$1079
52.5K
Chitre
$1008
46.2K
Penonome
$955
21.7K