Oslo vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	Oslo	Panama City
🚶 Cost of living one person	$2292	$1479
👨‍👩‍👧‍👦 Cost of living Family	$4945	$3609
🏠 One person rent	$1276	$846
🏘️ Family rent	$2054	$1592
🍽️ Food expenses	$665	$440
🚐 Transport expenses	$188	$83
💳 Monthly salary after tax	$3699	$967
😷 Air quality	Excellent	Good
✈️ Airport proximity	37 km	7 km
🎓 Higher education	79	42
😀 Quality of life	94	67
🏙️ Population	709K	881K

The cost of living in Oslo is 55% more expensive than in Panama City. Cities ranked 1171st and 3517th ($2292 vs $1479) in the list of the most expensive cities in the world and ranked 1st and 1st in Norway and Panama, respectively. Check Norway vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.6 months in Oslo compared to 0.7 months in Panama City. Oslo ranked 1st best city to live in Norway vs Panama City ranked 1st in Panama, while ranked 37th and 3734th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Oslo vs Panama City infographic

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Prices in Oslo vs Panama City

Prices for goods and services in Oslo and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Oslo	Panama City
Eating Out
🍱 Lunch Menu	$19.9	$10.4
🥂 Dinner in a Restaurant, for 2	$92.6	$48.5
🥪 Fast food meal, equiv. McDonald's	$12.5	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$9.97	$2.97
☕ Cappuccino	$4.74	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.56	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1322	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1024	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2233	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1674	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$146	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$221	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$46.3	$45.4
🏦 Mortgage Interest Rate for 20 Years	5.06%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8757	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6384	$1632
Transportation
🚌 Local transport ticket	$3.78	$0.42
🎟️ Monthly ticket local transport	$80	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$26.9	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.03	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$2.03	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$3.13	$2.19
🍚 Rice, 1 kg or 2.2 lb	$3.12	$2.33
🥚 Eggs, x12	$4.67	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$12.7	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$15	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$28.7	$9.99
🍏 Apples, 1 kg or 2.2 lb	$2.97	$3.44
🍌 Banana, 1 kg or 2.2 lb	$2.23	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$3.08	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$4.45	$2.94
🥔 Potato, 1 kg or 2.2 lb	$2.16	$2.23
🧅 Onion, 1 kg or 2.2 lb	$2.3	$2.8
🌊 Water, 1 L or 1 qt	$1.35	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.11	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$16.9	$10
🍺 Beer, 0.5 L or 16 fl oz	$3	$1.29
🚬 Cigarette pack	$13.9	$5.98
💊 Cold medicince, 1 week	$5.44	$11.7
🧴 Hair Shampoo	$4.25	$7.94
🧻 Toilet paper, 4 rolls	$2.34	$3.37
👄 Toothpaste, 1 tube	$2.48	$3.71
Other
🏋️ Gym Membership, 1 month	$45.7	$45.3
🎫 Cinema Ticket, 1 person	$14.9	$7.22
👩‍⚕️ Doctor's visit	$62	$54.5
💇 Haircut, simple	$33	$12.9
👖 Brand Jeans	$94	$56.8
👟 Brand Sneakers	$107	$93.2
👶 Daycare or Preschool, 1 month	$250	$477
🏫 International Primary School, 1 year	$8593	$13616

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Oslo

Distance	City	Cost of living
14 km or 8.7 mi	Baerum	$1872
25 km or 16 mi	Lillestrom	$1945
27 km or 17 mi	Asker	$1930
35 km or 22 mi	Jessheim	$1838
36 km or 22 mi	Drammen	$1627
50 km or 31 mi	Moss	$1707
57 km or 35 mi	Horten	$1631
68 km or 42 mi	Kongsberg	$1747
71 km or 44 mi	Tonsberg	$1714
74 km or 46 mi	Sarpsborg	$1500
78 km or 48 mi	Fredrikstad	$1977
92 km or 57 mi	Sandefjord	$1864
96 km or 60 mi	Halden	$1575
100 km or 62 mi	Hamar	$1764
103 km or 64 mi	Skien	$1651
104 km or 65 mi	Larvik	$1733
106 km or 66 mi	Porsgrunn	$1528
106 km or 66 mi	Arvika	$1251
108 km or 67 mi	Gjovik	$1722
135 km or 84 mi	Lillehammer	$1468
165 km or 103 mi	Karlstad	$1279
186 km or 115 mi	Uddevalla	$1334
194 km or 120 mi	Vanersborg	$1235
197 km or 122 mi	Arendal	$1623
201 km or 125 mi	Trollhattan	$1167
220 km or 137 mi	Mariestad	$1373
241 km or 150 mi	Mora	$1367
245 km or 152 mi	Skovde	$1473
247 km or 154 mi	Ludvika	$1178
252 km or 156 mi	Kristiansand	$1326
259 km or 161 mi	Gothenburg	$1623
260 km or 162 mi	Orebro	$1171
261 km or 162 mi	Molndal	$1498
266 km or 166 mi	Borlange	$1599
275 km or 171 mi	Boras	$1367
276 km or 171 mi	Frederikshavn	$1394
281 km or 175 mi	Falun	$1648
303 km or 188 mi	Sandnes	$1709
304 km or 189 mi	Stavanger	$2049
305 km or 190 mi	Bergen	$2006

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932