Panama vs Vietnam - Cost of Living Comparison

Updated:

Livingcost

Panama Vietnam
🚶 Cost of living one person
$1456
$637
👨‍👩‍👧‍👦 Cost of living Family
$3291
$1661
🏠 One person rent
$836
$309
🏘️ Family rent
$1343
$533
🍽️ Food expenses
$436
$201
🚐 Transport expenses
$84.4
$55
💳 Monthly salary after tax
$921
$428
💸 GDP per capita
$19161
$4717
😃 Human freedom index
7.92
5.29
❤️ Life expectancy
79.6
74.6
👮 Corruption perceptions index
33
41
🌐 English speaking %
14%
16%
🎓 Higher education
44
57
😀 Quality of life
62
50
🏙️ Population
4.52M
101M

The average cost of living in Panama ($1456) is 129% more expensive than in Vietnam ($637). Panama ranked 41st vs 163rd for Vietnam 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 0.7 months in Vietnam. Ranked 67th and 93rd 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 Vietnam

We calculate prices for Panama and Vietnam as a population-weighted mean of 10 and 38 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 Vietnam
Eating Out
🍱 Lunch Menu
$9.21
$1.95
🥂 Dinner in a Restaurant, for 2
$44.5
$19
🥪 Fast food meal, equiv. McDonald's
$7.92
$4.42
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.88
$1.04
 Cappuccino
$4.2
$1.71
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.81
$0.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$907
$383
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$643
$215
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1639
$892
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1054
$589
🔌 Utility Bill one person, electricity, heating, water, etc.
$91
$48
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$141
$74.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45
$9.05
🏦 Mortgage Interest Rate for 20 Years
6.31%
8.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3024
$3704
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1699
$1880
Transportation
🚌 Local transport ticket
$0.39
$0.32
🎟️ Monthly ticket local transport
$26.1
$9.08
🚕 Taxi Ride, 8 km or 5 mi
$15.8
$5.59
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$0.87
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$1.46
🍞 Bread, 0.5 kg or 1.1 lb
$2.22
$0.97
🍚 Rice, 1 kg or 2.2 lb
$2.43
$0.92
🥚 Eggs, x12
$3.03
$1.49
🧀 Cheese, 1 kg or 2.2 lb
$11.8
$11.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.77
$3.65
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$9.7
🍏 Apples, 1 kg or 2.2 lb
$3.61
$2.97
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.18
🍊 Oranges, 1 kg or 2.2 lb
$3.69
$1.46
🍅 Tomato, 1 kg or 2.2 lb
$3.4
$1.15
🥔 Potato, 1 kg or 2.2 lb
$2.68
$1.04
🧅 Onion, 1 kg or 2.2 lb
$3.13
$1.08
🌊 Water, 1 L or 1 qt
$1.24
$0.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.35
$0.89
🍾 Wine (mid-priced), 750 mL bottle
$11.5
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$1.31
$0.86
🚬 Cigarette pack
$5.97
$1.35
💊 Cold medicince, 1 week
$9.72
$1.74
🧴 Hair Shampoo
$7.05
$2.86
🧻 Toilet paper, 4 rolls
$2.8
$1.15
👄 Toothpaste, 1 tube
$2.76
$1.21
Other
🏋️ Gym Membership, 1 month
$38.6
$22
🎫 Cinema Ticket, 1 person
$7.37
$3.47
👩‍⚕️ Doctor's visit
$41.6
$34.3
💇 Haircut, simple
$12.9
$4.81
👖 Brand Jeans
$56.9
$43.2
👟 Brand Sneakers
$87.8
$86.5
👶 Daycare or Preschool, 1 month
$503
$319
🏫 International Primary School, 1 year
$10794
$14961

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 Vietnam

City Cost of living Population
Ho Chi Minh
$726
14M
Hanoi
$694
8.72M
Haiphong
$564
2.12M
Da Nang
$699
2.82M
Can Tho
$455
3.21M
Bien Hoa
$414
1.1M
Hai Duong
$586
507K
Bac Ninh
$594
520K
Vinh
$583
490K
Hue
$375
653K
Thanh Hoa
$593
393K
Nam Dinh
$599
352K
Thu Dau Mot
$522
373K
Ha Tinh
$560
380K
Thai Nguyen
$467
340K
Vung Tau
$503
357K
Buon Ma Thuot
$528
340K
Ha Long
$579
270K
Viet Tri
$582
278K
Thai Binh
$583
268K
Nha Trang
$540
392K
Qui Nhon
$515
311K
Da Lat
$563
204K
Ca Mau
$517
315K
Phan Rang-Thap Cham
$533
196K
Cam Pha
$574
156K
Long Xuyen
$508
279K
Rach Gia
$530
251K
Quang Ngai
$407
260K
Dong Hoi
$495
134K