Panama vs Vietnam - Cost of Living Comparison

Updated:

Livingcost

Panama Vietnam
🚶 Cost of living one person
$1323
$617
👨‍👩‍👧‍👦 Cost of living Family
$3204
$1777
🏠 One person rent
$721
$289
🏘️ Family rent
$1275
$679
🍽️ Food expenses
$435
$204
🚐 Transport expenses
$66.2
$52.4
💳 Monthly salary after tax
$894
$448
💸 GDP per capita
$18686
$4282
😃 Human freedom index
8
5.43
❤️ Life expectancy
76.8
74.6
👮 Corruption perceptions index
33
40
🌐 English speaking %
14%
16%
🎓 Higher education
47
56
😀 Quality of life
55
45
🏙️ Population
4.1M
96.2M

The average cost of living in Panama ($1323) is 114% more expensive than in Vietnam ($617). Panama ranked 44th vs 160th 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 0.7 months in Panama compared to 0.7 months in Vietnam. Ranked 69th and 93rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama vs Vietnam infographic

Share this infographic!

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
$9.43
$1.94
🥂 Dinner in a Restaurant, for 2
$47.5
$23.2
🥪 Fast food meal, equiv. McDonald's
$7.88
$4.74
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.86
$1
 Cappuccino
$3.78
$1.7
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.64
$0.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$748
$329
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$554
$215
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1451
$832
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1015
$547
🔌 Utility Bill one person, electricity, heating, water, etc.
$82
$42.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$127
$65.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$46
$9.05
🏦 Mortgage Interest Rate for 20 Years
6.34%
9.44%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2471
$2799
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1596
$1454
Transportation
🚌 Local transport ticket
$0.46
$0.31
🎟️ Monthly ticket local transport
$28.1
$8.69
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$5.68
 Gas / Petrol, 1 L or 0.26 gal
$1.01
$0.89
Groceries
🥛 Milk, 1 L or 1 qt
$1.79
$1.44
🍞 Bread, 0.5 kg or 1.1 lb
$2.28
$0.96
🍚 Rice, 1 kg or 2.2 lb
$2.48
$0.94
🥚 Eggs, x12
$2.77
$1.5
🧀 Cheese, 1 kg or 2.2 lb
$12
$11.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.24
$3.63
🥩 Round Steak, 1 kg or 2.2 lb
$9.54
$10.1
🍏 Apples, 1 kg or 2.2 lb
$3.58
$2.93
🍌 Banana, 1 kg or 2.2 lb
$1.58
$1.04
🍊 Oranges, 1 kg or 2.2 lb
$2.89
$1.43
🍅 Tomato, 1 kg or 2.2 lb
$2.93
$1.08
🥔 Potato, 1 kg or 2.2 lb
$2.27
$1.08
🧅 Onion, 1 kg or 2.2 lb
$2.78
$1.07
🌊 Water, 1 L or 1 qt
$1.07
$0.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.3
$0.95
🍾 Wine (mid-priced), 750 mL bottle
$9.69
$10.8
🍺 Beer, 0.5 L or 16 fl oz
$1.22
$0.85
🚬 Cigarette pack
$5.98
$1.32
💊 Cold medicince, 1 week
$12.9
$1.75
🧴 Hair Shampoo
$6.69
$2.95
🧻 Toilet paper, 4 rolls
$3.06
$1.16
👄 Toothpaste, 1 tube
$3.1
$1.03
Other
🏋️ Gym Membership, 1 month
$39.8
$23
🎫 Cinema Ticket, 1 person
$7.1
$3.87
👩‍⚕️ Doctor's visit
$49.2
$28.9
💇 Haircut, simple
$10.9
$5.75
👖 Brand Jeans
$53.9
$38.4
👟 Brand Sneakers
$88.4
$92
👶 Daycare or Preschool, 1 month
$475
$244
🏫 International Primary School, 1 year
$13168
$12649

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
$1479
881K
Colon
$1172
242K
Tocumen
$1310
103K
Santiago de Veraguas
$1089
89K
La Chorrera
$957
68.9K
Balboa
$1328
62.9K
David
$890
82.9K
Chitre
$1117
60.5K
Pacora
$1304
52.5K
Penonome
$1116
21.7K

In Vietnam

City Cost of living Population
Ho Chi Minh
$735
9.39M
Hanoi
$647
8.44M
Haiphong
$591
2.09M
Da Nang
$593
1.22M
Bien Hoa
$425
1.1M
Nam Dinh
$496
352K
Hai Duong
$554
507K
Vinh
$579
490K
Thanh Hoa
$563
393K
Vung Tau
$494
357K
Can Tho
$454
1.25M
Bac Ninh
$513
520K
Hue
$393
653K
Thai Binh
$513
268K
Ha Tinh
$558
380K
Ha Long
$582
270K
Thai Nguyen
$570
330K
Nha Trang
$535
392K
Thu Dau Mot
$530
322K
Buon Ma Thuot
$531
340K
Viet Tri
$592
278K
Qui Nhon
$516
311K
Ca Mau
$516
315K
Phan Thiet
$506
205K
Cam Pha
$569
156K
Da Lat
$577
204K
Long Xuyen
$508
279K
Phan Rang-Thap Cham
$534
196K
Rach Gia
$526
251K
Dong Hoi
$500
160K