Panama vs Ukraine - Cost of Living Comparison

Updated:

Livingcost

Panama Ukraine
🚶 Cost of living one person
$1456
$619
👨‍👩‍👧‍👦 Cost of living Family
$3291
$1515
🏠 One person rent
$836
$288
🏘️ Family rent
$1343
$481
🍽️ Food expenses
$436
$225
🚐 Transport expenses
$84.4
$43.4
💳 Monthly salary after tax
$921
$465
💸 GDP per capita
$19161
$5389
😃 Human freedom index
7.92
5.87
❤️ Life expectancy
79.6
73.4
👮 Corruption perceptions index
33
36
🌐 English speaking %
14%
51%
🎓 Higher education
44
62
😀 Quality of life
62
50
🏙️ Population
4.52M
37.9M

The average cost of living in Panama ($1456) is 135% more expensive than in Ukraine ($619). Panama ranked 41st vs 165th for Ukraine in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama compared to 0.8 months in Ukraine. Ranked 67th and 96th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Panama vs Ukraine

We calculate prices for Panama and Ukraine as a population-weighted mean of 10 and 34 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.

Panama Ukraine
Eating Out
🍱 Lunch Menu
$9.21
$7.22
🥂 Dinner in a Restaurant, for 2
$44.5
$25.4
🥪 Fast food meal, equiv. McDonald's
$7.92
$5.37
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.88
$1.21
 Cappuccino
$4.2
$1.31
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.81
$0.77
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$907
$321
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$643
$201
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1639
$627
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1054
$376
🔌 Utility Bill one person, electricity, heating, water, etc.
$91
$56
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$141
$86.1
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45
$6.11
🏦 Mortgage Interest Rate for 20 Years
6.31%
18.35%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3024
$1402
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1699
$823
Transportation
🚌 Local transport ticket
$0.39
$0.34
🎟️ Monthly ticket local transport
$26.1
$13.5
🚕 Taxi Ride, 8 km or 5 mi
$15.8
$5.04
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.37
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$1.09
🍞 Bread, 0.5 kg or 1.1 lb
$2.22
$0.65
🍚 Rice, 1 kg or 2.2 lb
$2.43
$1.22
🥚 Eggs, x12
$3.03
$1.76
🧀 Cheese, 1 kg or 2.2 lb
$11.8
$8.13
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.77
$4.28
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$7.22
🍏 Apples, 1 kg or 2.2 lb
$3.61
$1.01
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.53
🍊 Oranges, 1 kg or 2.2 lb
$3.69
$1.67
🍅 Tomato, 1 kg or 2.2 lb
$3.4
$2.22
🥔 Potato, 1 kg or 2.2 lb
$2.68
$0.64
🧅 Onion, 1 kg or 2.2 lb
$3.13
$0.49
🌊 Water, 1 L or 1 qt
$1.24
$0.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.35
$0.78
🍾 Wine (mid-priced), 750 mL bottle
$11.5
$4.88
🍺 Beer, 0.5 L or 16 fl oz
$1.31
$0.79
🚬 Cigarette pack
$5.97
$2.75
💊 Cold medicince, 1 week
$9.72
$3.38
🧴 Hair Shampoo
$7.05
$2.25
🧻 Toilet paper, 4 rolls
$2.8
$0.86
👄 Toothpaste, 1 tube
$2.76
$1.12
Other
🏋️ Gym Membership, 1 month
$38.6
$25.2
🎫 Cinema Ticket, 1 person
$7.37
$4.34
👩‍⚕️ Doctor's visit
$41.6
$9.42
💇 Haircut, simple
$12.9
$4.13
👖 Brand Jeans
$56.9
$55
👟 Brand Sneakers
$87.8
$78.2
👶 Daycare or Preschool, 1 month
$503
$295
🏫 International Primary School, 1 year
$10794
$6277

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Panama

City Cost of living Population
Panama City
$1590
1.54M
Colon
$1185
242K
Tocumen
$1373
103K
Santiago de Veraguas
$1112
110K
La Chorrera
$982
68.9K
David
$909
82.9K
Pacora
$1361
52.5K
Penonome
$1147
21.7K
Balboa
$1396
10K
Chitre
$1144
9.02K

In Ukraine

City Cost of living Population
Kyiv
$853
2.95M
Kharkiv
$501
1.42M
Dnipro
$749
969K
Odesa
$641
1.01M
Donetsk
$525
902K
Zaporizhia
$471
710K
Lviv
$800
717K
Kryvyi Rih
$454
604K
Luhansk
$790
418K
Mykolaiv
$529
470K
Makiivka
$534
339K
Vinnytsia
$572
370K
Mariupol
$518
250K
Chernivtsi
$579
265K
Poltava
$475
283K
Chernihiv
$479
287K
Horlivka
$621
240K
Cherkasy
$448
270K
Kremenchuk
$490
215K
Kamianske
$628
227K
Ternopil
$458
225K
Khmelnytskyi
$541
274K
Sumy
$518
266K
Rivne
$397
245K
Zhytomyr
$591
262K
Ivano-Frankivsk
$498
238K
Kherson
$409
279K
Bila Tserkva
$464
209K
Kropyvnytskyi
$577
220K
Lutsk
$543
216K