Malta vs Panama - Cost of Living Comparison

Updated:

Livingcost

Malta Panama
🚶 Cost of living one person
$1726
$1324
👨‍👩‍👧‍👦 Cost of living Family
$3922
$3050
🏠 One person rent
$1022
$742
🏘️ Family rent
$1782
$1185
🍽️ Food expenses
$528
$427
🚐 Transport expenses
$61.8
$59.6
💳 Monthly salary after tax
$1974
$850
💸 GDP per capita
$43899
$19161
😃 Human freedom index
8.56
7.92
❤️ Life expectancy
83.5
79.6
👮 Corruption perceptions index
49
33
🌐 English speaking %
88.3%
14%
🎓 Higher education
76
44
😀 Quality of life
82
60
🏙️ Population
569K
4.52M

The average cost of living in Malta ($1726) is 30% more expensive than in Panama ($1324). Malta ranked 29th vs 53rd 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 1.1 months in Malta compared to 0.6 months in Panama. Ranked 33rd and 70th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Malta vs Panama

We calculate prices for Malta 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.

Malta Panama
Eating Out
🍱 Lunch Menu
$19.5
$9.11
🥂 Dinner in a Restaurant, for 2
$82.6
$43.4
🥪 Fast food meal, equiv. McDonald's
$12.4
$7.14
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.21
$2.84
 Cappuccino
$2.86
$3.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.46
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1130
$787
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$899
$563
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2149
$1416
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1711
$956
🔌 Utility Bill one person, electricity, heating, water, etc.
$63.2
$88.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$97.4
$136
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$36.5
$46.3
🏦 Mortgage Interest Rate for 20 Years
3.83%
6.36%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4575
$2983
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3350
$1713
Transportation
🚌 Local transport ticket
$2.65
$0.43
🎟️ Monthly ticket local transport
$26.9
$29.7
🚕 Taxi Ride, 8 km or 5 mi
$24.3
$18.7
 Gas / Petrol, 1 L or 0.26 gal
$1.59
$1
Groceries
🥛 Milk, 1 L or 1 qt
$1.35
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$1.27
$2.35
🍚 Rice, 1 kg or 2.2 lb
$3.82
$2.53
🥚 Eggs, x12
$3.65
$3.07
🧀 Cheese, 1 kg or 2.2 lb
$9.69
$10.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.11
$6.37
🥩 Round Steak, 1 kg or 2.2 lb
$15
$9.68
🍏 Apples, 1 kg or 2.2 lb
$3.49
$3.5
🍌 Banana, 1 kg or 2.2 lb
$2.3
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$3.11
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$3.1
$2.97
🥔 Potato, 1 kg or 2.2 lb
$1.94
$2.47
🧅 Onion, 1 kg or 2.2 lb
$2.15
$3.68
🌊 Water, 1 L or 1 qt
$0.77
$1.15
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.13
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$7.83
$10.3
🍺 Beer, 0.5 L or 16 fl oz
$1.71
$1.37
🚬 Cigarette pack
$6.85
$6.01
💊 Cold medicince, 1 week
$8.12
$11.4
🧴 Hair Shampoo
$4.81
$6.18
🧻 Toilet paper, 4 rolls
$2.42
$2.7
👄 Toothpaste, 1 tube
$2.64
$2.45
Other
🏋️ Gym Membership, 1 month
$67.1
$35.9
🎫 Cinema Ticket, 1 person
$11
$7.16
👩‍⚕️ Doctor's visit
$20
$42.4
💇 Haircut, simple
$12
$11.2
👖 Brand Jeans
$83.1
$50.2
👟 Brand Sneakers
$104
$85.8
👶 Daycare or Preschool, 1 month
$492
$501
🏫 International Primary School, 1 year
$9433
$12647

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Malta

City Cost of living Population
St. Paul's Bay
$1568
40.2K
Birkirkara
$1783
24.4K
Mosta
$1739
25.5K
Naxxar
$1688
18.1K
Marsaskala
$1512
15.6K
Sliema
$2130
16.9K
San Gwann
$1749
16.1K
Zabbar
$1715
18K
Gzira
$1857
8.03K
Valletta
$1810
6.44K

In Panama

City Cost of living Population
Panama City
$1583
410K
Colon
$1179
242K
Tocumen
$1403
103K
Santiago de Veraguas
$1122
110K
La Chorrera
$977
68.9K
David
$922
82.9K
Pacora
$1395
52.5K
Penonome
$1153
21.7K
Balboa
$1425
10K
Chitre
$1154
9.02K