Greece vs Panama - Cost of Living Comparison

Updated:

Livingcost

Greece Panama
🚶 Cost of living one person
$1185
$1260
👨‍👩‍👧‍👦 Cost of living Family
$2906
$3090
🏠 One person rent
$573
$654
🏘️ Family rent
$1050
$1202
🍽️ Food expenses
$431
$442
🚐 Transport expenses
$65.7
$67.1
💳 Monthly salary after tax
$1061
$856
💸 GDP per capita
$22990
$18662
😃 Human freedom index
7.49
7.57
❤️ Life expectancy
80.6
76.8
👮 Corruption perceptions index
49
35
🌐 English speaking %
51%
14%
🎓 Higher education
86
46
😀 Quality of life
68
55
🏙️ Population
10.5M
4.1M

The average cost of living in Greece ($1185) is 6% less expensive than in Panama ($1260). Greece ranked 58th 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 0.9 months in Greece compared to 0.7 months in Panama. Ranked 45th and 71st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Greece vs Panama infographic

Share this infographic!

Prices in Greece vs Panama

We calculate prices for Greece and Panama as a population-weighted mean of 50 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.

Greece Panama
Eating Out
🍱 Lunch Menu
$13.5
$11.3
🥂 Dinner in a Restaurant, for 2
$51.7
$54.2
🥪 Fast food meal, equiv. McDonald's
$9.48
$7.61
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.83
$2.82
 Cappuccino
$3.83
$3.96
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.01
$1.88
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$477
$699
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$386
$483
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$964
$1448
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$768
$928
🔌 Utility Bill one person, electricity, heating, water, etc.
$136
$80
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$210
$122
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.5
$47.6
🏦 Mortgage Interest Rate for 20 Years
4.46%
6.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3153
$2352
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2618
$1504
Transportation
🚌 Local transport ticket
$1.4
$0.4
🎟️ Monthly ticket local transport
$40.2
$30.2
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$14.8
 Gas / Petrol, 1 L or 0.26 gal
$2.09
$1.05
Groceries
🥛 Milk, 1 L or 1 qt
$1.72
$1.77
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$2.23
🍚 Rice, 1 kg or 2.2 lb
$2.28
$2.26
🥚 Eggs, x12
$4.48
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$13.8
$12.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$10.3
$7.36
🥩 Round Steak, 1 kg or 2.2 lb
$13.8
$9.88
🍏 Apples, 1 kg or 2.2 lb
$2.07
$3.32
🍌 Banana, 1 kg or 2.2 lb
$1.98
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.38
$3.08
🍅 Tomato, 1 kg or 2.2 lb
$2.1
$2.92
🥔 Potato, 1 kg or 2.2 lb
$1.23
$2.23
🧅 Onion, 1 kg or 2.2 lb
$1.32
$2.51
🌊 Water, 1 L or 1 qt
$0.52
$1.01
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$8.53
$8.84
🍺 Beer, 0.5 L or 16 fl oz
$1.83
$1.11
🚬 Cigarette pack
$5.16
$5.89
💊 Cold medicince, 1 week
$5.97
$12.1
🧴 Hair Shampoo
$4.82
$6.01
🧻 Toilet paper, 4 rolls
$2.52
$2.89
👄 Toothpaste, 1 tube
$2.83
$2.65
Other
🏋️ Gym Membership, 1 month
$46.2
$38.9
🎫 Cinema Ticket, 1 person
$9.26
$6.51
👩‍⚕️ Doctor's visit
$44.7
$45.6
💇 Haircut, simple
$11.1
$11.5
👖 Brand Jeans
$87.7
$53.1
👟 Brand Sneakers
$91
$86.4
👶 Daycare or Preschool, 1 month
$436
$438
🏫 International Primary School, 1 year
$7326
$9292

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Greece

City Cost of living Population
Athens
$1366
643K
Crete
$1186
623K
Thessaloniki
$1223
310K
Patras
$1080
174K
Piraeus
$1143
168K
Larissa
$1019
146K
Heraklion
$1137
145K
Peristeri
$1228
134K
Glyfada
$1528
89.6K
Kallithea
$1257
97.6K
Nikaia
$1146
88.1K
Rhodes
$1095
54.6K
Kifissia
$1459
48.7K
Nea Ionia
$1278
64.6K
Nea Smyrni
$1258
72.9K
Volos
$1133
85.8K
Komotini
$985
51.7K
Chalcis
$1148
64.5K
Palaio Faliro
$1346
64.9K
Kalamata
$1123
57.7K
Xanthi
$1055
58.8K
Alexandroupoli
$999
59.5K
Serres
$1043
58.4K
Chania
$1257
54.6K
Ioannina
$1094
64.9K
Trikala
$1036
61.6K
Lamia
$896
47.5K
Katerini
$989
59.2K
Agrinio
$956
50.7K
Drama
$912
44.3K

In Panama

City Cost of living Population
Panama City
$1384
881K
Colon
$1182
242K
Tocumen
$1231
103K
Santiago de Veraguas
$1056
89K
La Chorrera
$953
68.9K
Balboa
$1249
62.9K
David
$833
82.9K
Pacora
$1249
52.5K
Chitre
$1091
46.2K
Penonome
$1098
21.7K