Panama City vs Stockholm - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Stockholm
🚶 Cost of living one person	$1384	$1991
👨‍👩‍👧‍👦 Cost of living Family	$3435	$4487
🏠 One person rent	$751	$1094
🏘️ Family rent	$1474	$1952
🍽️ Food expenses	$444	$542
🚐 Transport expenses	$84.4	$218
💳 Monthly salary after tax	$914	$3539
😷 Air quality	Good	Excellent
✈️ Airport proximity	7 km	8 km
🎓 Higher education	42	95
😀 Quality of life	66	96
🏙️ Population	881K	985K

The cost of living in Panama City is 31% less expensive than in Stockholm. Cities ranked 4139th and 1883rd ($1384 vs $1991) in the list of the most expensive cities in the world and ranked 1st and 2nd in Panama and Sweden, respectively. Check Panama vs Sweden comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.8 months in Stockholm. Panama City ranked 1st best city to live in Panama vs Stockholm ranked 1st in Sweden, while ranked 3919th and 17th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama City vs Stockholm infographic

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Prices in Panama City vs Stockholm

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

	Panama City	Stockholm
Eating Out
🍱 Lunch Menu	$12.3	$13
🥂 Dinner in a Restaurant, for 2	$55.2	$81.8
🥪 Fast food meal, equiv. McDonald's	$7.6	$10.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$7.49
☕ Cappuccino	$4.25	$4.41
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$2.56
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$1349
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$863
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$2441
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$1592
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$104
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$160
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$30.3
🏦 Mortgage Interest Rate for 20 Years	6.12%	4.44%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$10247
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$5552
Transportation
🚌 Local transport ticket	$0.35	$4.13
🎟️ Monthly ticket local transport	$26.2	$98.5
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$24.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$1.88
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.5
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$2.42
🍚 Rice, 1 kg or 2.2 lb	$2.08	$3.13
🥚 Eggs, x12	$2.67	$4.26
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$10.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$12.6
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$18.2
🍏 Apples, 1 kg or 2.2 lb	$3.11	$3.13
🍌 Banana, 1 kg or 2.2 lb	$1.54	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$3.17
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$4.05
🥔 Potato, 1 kg or 2.2 lb	$2.19	$1.65
🧅 Onion, 1 kg or 2.2 lb	$2.5	$1.83
🌊 Water, 1 L or 1 qt	$1	$0.95
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$2.49
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$11.7
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$1.95
🚬 Cigarette pack	$5.89	$6.92
💊 Cold medicince, 1 week	$10.5	$6.87
🧴 Hair Shampoo	$6.97	$3.58
🧻 Toilet paper, 4 rolls	$3.12	$2.58
👄 Toothpaste, 1 tube	$3.06	$2.11
Other
🏋️ Gym Membership, 1 month	$43.8	$40.8
🎫 Cinema Ticket, 1 person	$6.71	$16.1
👩‍⚕️ Doctor's visit	$49.1	$24
💇 Haircut, simple	$13.7	$28.7
👖 Brand Jeans	$54.3	$83.7
👟 Brand Sneakers	$90.2	$104
👶 Daycare or Preschool, 1 month	$437	$152
🏫 International Primary School, 1 year	$9531	$7335

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898

Cities near Stockholm

Distance	City	Cost of living
5.1 km or 3.2 mi	Solna	$1628
5.2 km or 3.3 mi	Lidingo	$1730
13 km or 7.9 mi	Taby	$1586
16 km or 9.9 mi	Sollentuna	$2039
21 km or 13 mi	Tumba	$1638
21 km or 13 mi	Akersberga	$1637
31 km or 19 mi	Sodertalje	$1644
35 km or 22 mi	Marsta	$1602
35 km or 22 mi	Sigtuna	$1604
63 km or 39 mi	Uppsala	$1460
87 km or 54 mi	Nykoping	$1460
92 km or 57 mi	Eskilstuna	$1274
92 km or 57 mi	Vasteras	$1338
105 km or 65 mi	Sala	$1164
138 km or 86 mi	Norrkoping	$1285
158 km or 98 mi	Gavle	$1463
163 km or 101 mi	Orebro	$1275
174 km or 108 mi	Linkoping	$1347
185 km or 115 mi	Ludvika	$1209
190 km or 118 mi	Visby	$1363
195 km or 121 mi	Borlange	$1510
195 km or 121 mi	Falun	$1593
253 km or 157 mi	Mariestad	$1373
258 km or 161 mi	Karlstad	$1259
262 km or 163 mi	Raisio	$1544
264 km or 164 mi	Skovde	$1415
265 km or 165 mi	Turku	$1591
268 km or 167 mi	Kaarina	$1546
271 km or 168 mi	Mora	$1417
274 km or 170 mi	Vetlanda	$1443
275 km or 171 mi	Rauma	$1331
281 km or 175 mi	Kuressaare	$1151
284 km or 177 mi	Jonkoping	$1407
297 km or 184 mi	Ventspils	$923
306 km or 190 mi	Salo	$1571
310 km or 193 mi	Raseborg	$1525
312 km or 194 mi	Arvika	$1267
313 km or 195 mi	Kalmar	$1468
315 km or 196 mi	Pori	$1325
332 km or 206 mi	Vaxjo	$1328