Oslo vs Panama City - Cost of Living Comparison

Updated: June 21, 2026

	Oslo	Panama City
🚶 Cost of living one person	$2839	$1590
👨‍👩‍👧‍👦 Cost of living Family	$6013	$3556
🏠 One person rent	$1622	$946
🏘️ Family rent	$2504	$1545
🍽️ Food expenses	$818	$439
🚐 Transport expenses	$197	$100
💳 Monthly salary after tax	$4320	$973
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	37 km	7 km
🎓 Higher education	81	42
😀 Quality of life	94	71
🏙️ Population	718K	1.54M

The cost of living in Oslo is 79% more expensive than in Panama City. Cities ranked 381st and 3634th ($2839 vs $1590) 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 1.5 months in Oslo compared to 0.6 months in Panama City. Oslo ranked 1st best city to live in Norway vs Panama City ranked 1st in Panama, while ranked 27th and 3213th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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	$23.1	$9.69
🥂 Dinner in a Restaurant, for 2	$113	$45.4
🥪 Fast food meal, equiv. McDonald's	$16.5	$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$12.2	$2.93
☕ Cappuccino	$5.8	$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$4.12	$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1731	$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1327	$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2725	$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2070	$1223
🔌 Utility Bill one person, electricity, heating, water, etc.	$168	$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$255	$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.3	$44.6
🏦 Mortgage Interest Rate for 20 Years	5.15%	6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$11707	$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$7107	$1732
Transportation
🚌 Local transport ticket	$4.59	$0.35
🎟️ Monthly ticket local transport	$82.2	$22.5
🚕 Taxi Ride, 8 km or 5 mi	$27	$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.33	$0.98
Groceries
🥛 Milk, 1 L or 1 qt	$2.63	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$4.01	$2.17
🍚 Rice, 1 kg or 2.2 lb	$4.2	$2.34
🥚 Eggs, x12	$6.41	$3.11
🧀 Cheese, 1 kg or 2.2 lb	$15.3	$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$17.4	$7.11
🥩 Round Steak, 1 kg or 2.2 lb	$29.7	$10.6
🍏 Apples, 1 kg or 2.2 lb	$3.39	$3.56
🍌 Banana, 1 kg or 2.2 lb	$2.68	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$3.65	$3.7
🍅 Tomato, 1 kg or 2.2 lb	$6.03	$3.36
🥔 Potato, 1 kg or 2.2 lb	$2.58	$2.62
🧅 Onion, 1 kg or 2.2 lb	$2.95	$3.19
🌊 Water, 1 L or 1 qt	$1.69	$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.17	$2.37
🍾 Wine (mid-priced), 750 mL bottle	$20.7	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$3.7	$1.35
🚬 Cigarette pack	$17.9	$5.95
💊 Cold medicince, 1 week	$9.26	$8.08
🧴 Hair Shampoo	$4.52	$7.95
🧻 Toilet paper, 4 rolls	$3.22	$2.92
👄 Toothpaste, 1 tube	$2.78	$3.05
Other
🏋️ Gym Membership, 1 month	$59.5	$41.9
🎫 Cinema Ticket, 1 person	$18.4	$7.52
👩‍⚕️ Doctor's visit	$69.5	$42.9
💇 Haircut, simple	$44.4	$14.5
👖 Brand Jeans	$103	$58.4
👟 Brand Sneakers	$139	$90.7
👶 Daycare or Preschool, 1 month	$252	$505
🏫 International Primary School, 1 year	$15566	$11486

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	$2227
25 km or 16 mi	Lillestrom	$2384
27 km or 17 mi	Asker	$2231
35 km or 22 mi	Jessheim	$2281
36 km or 22 mi	Drammen	$1935
50 km or 31 mi	Moss	$2084
57 km or 35 mi	Horten	$1993
68 km or 42 mi	Kongsberg	$2156
71 km or 44 mi	Tonsberg	$2071
74 km or 46 mi	Sarpsborg	$2018
78 km or 48 mi	Fredrikstad	$2401
92 km or 57 mi	Sandefjord	$2157
96 km or 60 mi	Halden	$1855
100 km or 62 mi	Hamar	$2092
103 km or 64 mi	Skien	$1984
104 km or 65 mi	Larvik	$2029
106 km or 66 mi	Porsgrunn	$2002
106 km or 66 mi	Arvika	$1423
108 km or 67 mi	Gjovik	$2236
135 km or 84 mi	Lillehammer	$1705
165 km or 103 mi	Karlstad	$1481
186 km or 115 mi	Uddevalla	$1574
194 km or 120 mi	Vanersborg	$1424
197 km or 122 mi	Arendal	$1980
201 km or 125 mi	Trollhattan	$1358
220 km or 137 mi	Mariestad	$1479
241 km or 150 mi	Mora	$1625
245 km or 152 mi	Skovde	$1503
247 km or 154 mi	Ludvika	$1337
252 km or 156 mi	Kristiansand	$1840
259 km or 161 mi	Gothenburg	$1879
260 km or 162 mi	Orebro	$1251
261 km or 162 mi	Molndal	$1723
266 km or 166 mi	Borlange	$1298
275 km or 171 mi	Boras	$1544
276 km or 171 mi	Frederikshavn	$1578
281 km or 175 mi	Falun	$1810
303 km or 188 mi	Sandnes	$2178
304 km or 189 mi	Stavanger	$2617
305 km or 190 mi	Bergen	$2336

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024