Iran vs Panama - Cost of Living Comparison

Updated:

Livingcost

Iran Panama
🚶 Cost of living one person
$676
$1260
👨‍👩‍👧‍👦 Cost of living Family
$1823
$3090
🏠 One person rent
$302
$654
🏘️ Family rent
$643
$1202
🍽️ Food expenses
$218
$442
🚐 Transport expenses
$29.9
$67.1
💳 Monthly salary after tax
$296
$856
💸 GDP per capita
$4503
$18662
😃 Human freedom index
4.03
7.57
❤️ Life expectancy
74.6
76.8
👮 Corruption perceptions index
24
35
🌐 English speaking %
12%
14%
🎓 Higher education
79
46
😀 Quality of life
33
55
🏙️ Population
86.8M
4.1M

The average cost of living in Iran ($676) is 46% less expensive than in Panama ($1260). Iran ranked 147th 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 Iran compared to 0.7 months in Panama. Ranked 136th and 71st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Iran vs Panama infographic

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Prices in Iran vs Panama

We calculate prices for Iran and Panama as a population-weighted mean of 102 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.

Iran Panama
Eating Out
🍱 Lunch Menu
$4.2
$11.3
🥂 Dinner in a Restaurant, for 2
$23.4
$54.2
🥪 Fast food meal, equiv. McDonald's
$4.17
$7.61
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.81
$2.82
 Cappuccino
$1.35
$3.96
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.71
$1.88
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$360
$699
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$251
$483
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$836
$1448
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$547
$928
🔌 Utility Bill one person, electricity, heating, water, etc.
$16.8
$80
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$25.9
$122
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$12.4
$47.6
🏦 Mortgage Interest Rate for 20 Years
22.77%
6.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1662
$2352
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1034
$1504
Transportation
🚌 Local transport ticket
$0.31
$0.4
🎟️ Monthly ticket local transport
$10.7
$30.2
🚕 Taxi Ride, 8 km or 5 mi
$3.03
$14.8
 Gas / Petrol, 1 L or 0.26 gal
$0.68
$1.05
Groceries
🥛 Milk, 1 L or 1 qt
$0.71
$1.77
🍞 Bread, 0.5 kg or 1.1 lb
$0.61
$2.23
🍚 Rice, 1 kg or 2.2 lb
$2.2
$2.26
🥚 Eggs, x12
$1.29
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$3.64
$12.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.17
$7.36
🥩 Round Steak, 1 kg or 2.2 lb
$10.3
$9.88
🍏 Apples, 1 kg or 2.2 lb
$1.12
$3.32
🍌 Banana, 1 kg or 2.2 lb
$1.68
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.02
$3.08
🍅 Tomato, 1 kg or 2.2 lb
$0.74
$2.92
🥔 Potato, 1 kg or 2.2 lb
$0.59
$2.23
🧅 Onion, 1 kg or 2.2 lb
$0.54
$2.51
🌊 Water, 1 L or 1 qt
$0.19
$1.01
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.26
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$0.89
$8.84
🍺 Beer, 0.5 L or 16 fl oz
$0.64
$1.11
🚬 Cigarette pack
$2.31
$5.89
💊 Cold medicince, 1 week
$10.8
$12.1
🧴 Hair Shampoo
$5.42
$6.01
🧻 Toilet paper, 4 rolls
$2.98
$2.89
👄 Toothpaste, 1 tube
$2.02
$2.65
Other
🏋️ Gym Membership, 1 month
$18
$38.9
🎫 Cinema Ticket, 1 person
$1.94
$6.51
👩‍⚕️ Doctor's visit
$109
$45.6
💇 Haircut, simple
$21.8
$11.5
👖 Brand Jeans
$34.4
$53.1
👟 Brand Sneakers
$106
$86.4
👶 Daycare or Preschool, 1 month
$107
$438
🏫 International Primary School, 1 year
$1315
$9292

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Iran

City Cost of living Population
Tehran
$797
8.69M
Tabriz
$1610
1.56M
Mashhad
$538
3M
Ahvaz
$588
1.18M
Isfahan
$588
1.96M
Karaj
$741
1.59M
Shiraz
$558
1.57M
Kermanshah
$963
947K
Kashan
$575
304K
Qom
$472
1.2M
Ardabil
$837
529K
Bandar Abbas
$728
527K
Arak
$462
521K
Qazvin
$627
403K
Zanjan
$474
431K
Urmia
$519
736K
Rasht
$559
680K
Yazd
$577
530K
Kerman
$467
538K
Hamadan
$453
554K
Eslamshahr
$716
448K
Sari
$670
310K
Khorramabad
$559
373K
Sanandaj
$449
413K
Abadan
$557
231K
Ilam
$675
194K
Shahriar
$708
310K
Qods
$706
310K
Babol
$468
250K
Maragheh
$844
175K

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