Published: Monday, 21th October 2024
The cost of living in Eritrea is 3.04 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Eritrea and Panama. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Eritrea and Panama.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 3,000 ERN (198 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center ![]() | 5,000 ERN (330 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center ![]() | 7,000 ERN (462 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center ![]() | 2,000 ERN (132 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center ![]() | 3,500 ERN (231 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center ![]() | 5,000 ERN (330 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month ![]() | 6 % | 1.3 % |
Realtor Commission ![]() | 3 % | 5 % |
Property Taxes ![]() | Yet to Update | 0.6 to 1.0 % |
The average housing cost in Eritrea is 6.04 times less expensive than Panama.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Basic Home Furnishing ![]() | 15,000 ERN (990 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month ![]() | 1,000 ERN (66 USD) | 150 PAB (150 USD) |
Heating Cost Per Month ![]() | 500 ERN (33 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month ![]() | 500 ERN (33 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month ![]() | 500 ERN (33 USD) | 60 PAB (60 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 65.93% less for Utilities.
The basic home furnishing in Eritrea costs 3.03 times less compared to Panama.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 2,000 ERN (132 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 1,000 ERN (66 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month ![]() | 500 ERN (33 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 1,500 ERN (99 USD) | 80 PAB (80 USD) |
The internet and communication costs 43.48% more in Eritrea compared to Panama.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 100 ERN (6.60 USD) | 2 PAB (2 USD) |
Milk (1 Liter) ![]() | 50 ERN (3.30 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) ![]() | 10 ERN (0.66 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) ![]() | 30 ERN (1.98 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) ![]() | 60 ERN (3.96 USD) | 3 PAB (3 USD) |
Cheese (1 KG) ![]() | 200 ERN (13.20 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) ![]() | 150 ERN (9.90 USD) | 7 PAB (7 USD) |
In Eritrea, the cost of 1 Liter Water and 1 Liter Milk is 1.98 times more expensive than the cost in Panama.
If you lived in Eritrea, instead of Panama, you would have to pay 98.00% more for Groceries.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Apples (1 KG) ![]() | 100 ERN (6.60 USD) | 3 PAB (3 USD) |
Bananas (1 KG) ![]() | 50 ERN (3.30 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) ![]() | 60 ERN (3.96 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) ![]() | 40 ERN (2.64 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) ![]() | 30 ERN (1.98 USD) | 1 PAB (1 USD) |
Lemons (1 KG) ![]() | 70 ERN (4.62 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) ![]() | 40 ERN (2.64 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) ![]() | 100 ERN (6.60 USD) | 2.50 PAB (2.50 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 2.02 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 500 ERN (33 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two ![]() | 1,500 ERN (99 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal ![]() | 250 ERN (16.50 USD) | 6 PAB (6 USD) |
Normal Coffee ![]() | 50 ERN (3.30 USD) | 2.50 PAB (2.50 USD) |
Soft Drink ![]() | 30 ERN (1.98 USD) | 1.50 PAB (1.50 USD) |
Pizza for One ![]() | 600 ERN (39.60 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal ![]() | 400 ERN (26.40 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 ![]() | 60 ERN (3.96 USD) | 6 PAB (6 USD) |
Dining-Out costs 179.68% more in Eritrea compared to Panama.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 500 ERN (33 USD) | 15 PAB (15 USD) |
Glass of Wine ![]() | 100 ERN (6.60 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter ![]() | 50 ERN (3.30 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter ![]() | 80 ERN (5.28 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter ![]() | 200 ERN (13.20 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter ![]() | 300 ERN (19.80 USD) | 25 PAB (25 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 1.20 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 500 ERN (33 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket ![]() | 20 ERN (1.32 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 3,000 ERN (198 USD) | 100 PAB (100 USD) |
Taxi Start Fare ![]() | 50 ERN (3.30 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer ![]() | 20 ERN (1.32 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day ![]() | 1,500 ERN (99 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour ![]() | 50 ERN (3.30 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour ![]() | 20 ERN (1.32 USD) | 1 PAB (1 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 1.80 times more for transportation.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 80,000 ERN (5,280 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost ![]() | 1,000 ERN (66 USD) | 80 PAB (80 USD) |
Driving License Fees ![]() | 500 ERN (33 USD) | 50 PAB (50 USD) |
Car Insurance Cost ![]() | 2,000 ERN (132 USD) | 400 PAB (400 USD) |
Car Maintenance Cost ![]() | 500 ERN (33 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates ![]() | 10 % | 6 % |
Fuel Per Liter ![]() | 15 ERN (0.99 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon ![]() | 60 ERN (3.96 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees ![]() | Yet to Update | 5 PAB 5 USD |
You would have to pay 2.83 times less for Vehicle purchase, daily operation and maintenance in Eritrea compared to that of Panama.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Doctor Visit ![]() | 300 ERN (19.80 USD) | 50 PAB (50 USD) |
Specialist Visit ![]() | 500 ERN (33 USD) | 100 PAB (100 USD) |
Dentist Visit ![]() | 400 ERN (26.40 USD) | 70 PAB (70 USD) |
Eye Exam ![]() | 250 ERN (16.50 USD) | 50 PAB (50 USD) |
Mental Health Counseling ![]() | 300 ERN (19.80 USD) | 100 PAB (100 USD) |
Preventive Health Screening ![]() | 150 ERN (9.90 USD) | 50 PAB (50 USD) |
Physical Therapy ![]() | 200 ERN (13.20 USD) | 75 PAB (75 USD) |
Emergency Room Visit ![]() | 500 ERN (33 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night ![]() | 1,000 ERN (66 USD) | 150 PAB (150 USD) |
Vaccinations ![]() | 100 ERN (6.60 USD) | 30 PAB (30 USD) |
Prescription Medication ![]() | 200 ERN (13.20 USD) | 20 PAB (20 USD) |
Over the Counter Medication ![]() | 100 ERN (6.60 USD) | 10 PAB (10 USD) |
Health Insurance Premiums ![]() | 2,000 ERN (132 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles ![]() | 500 ERN (33 USD) | 75 PAB (75 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 2.87 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Cosmetic Procedures ![]() | 1,000 ERN (66 USD) | 200 PAB (200 USD) |
Spa Treatment ![]() | 500 ERN (33 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost ![]() | 150 ERN (9.90 USD) | 30 PAB (30 USD) |
Optical Glasses Cost ![]() | 300 ERN (19.80 USD) | 80 PAB (80 USD) |
Contact Lenses Cost ![]() | 200 ERN (13.20 USD) | 40 PAB (40 USD) |
Haircuts ![]() | 100 ERN (6.60 USD) | 15 PAB (15 USD) |
Hair Coloring ![]() | 200 ERN (13.20 USD) | 40 PAB (40 USD) |
Shampoo Price ![]() | 50 ERN (3.30 USD) | 5 PAB (5 USD) |
Toothpaste Price ![]() | 20 ERN (1.32 USD) | 2 PAB (2 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 2.93 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 1,000 ERN (66 USD) | 80 PAB (80 USD) |
Men's Shirt ![]() | 300 ERN (19.80 USD) | 25 PAB (25 USD) |
Women's Dress ![]() | 600 ERN (39.60 USD) | 40 PAB (40 USD) |
Summer Dress ![]() | 400 ERN (26.40 USD) | 30 PAB (30 USD) |
Men's Suit ![]() | 3,000 ERN (198 USD) | 100 PAB (100 USD) |
Men's Jeans ![]() | 600 ERN (39.60 USD) | 40 PAB (40 USD) |
Women's Jeans ![]() | 500 ERN (33 USD) | 30 PAB (30 USD) |
Men's Formal Shoes ![]() | 1,000 ERN (66 USD) | 80 PAB (80 USD) |
Women's Formal Shoes ![]() | 1,000 ERN (66 USD) | 80 PAB (80 USD) |
Men's Casual Shoes ![]() | 700 ERN (46.20 USD) | 50 PAB (50 USD) |
Women's Casual Shoes ![]() | 700 ERN (46.20 USD) | 50 PAB (50 USD) |
Underwear For Men ![]() | 100 ERN (6.60 USD) | 8 PAB (8 USD) |
Underwear For Women ![]() | 100 ERN (6.60 USD) | 12 PAB (12 USD) |
Socks For Men ![]() | 50 ERN (3.30 USD) | 3 PAB (3 USD) |
Socks For Women ![]() | 50 ERN (3.30 USD) | 3 PAB (3 USD) |
Wintercoat for Adults ![]() | 800 ERN (52.80 USD) | 80 PAB (80 USD) |
Sportswear ![]() | 600 ERN (39.60 USD) | 40 PAB (40 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 1.01 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Children's Jeans ![]() | 300 ERN (19.80 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers ![]() | 400 ERN (26.40 USD) | 30 PAB (30 USD) |
Children's Winter Coat ![]() | 500 ERN (33 USD) | 40 PAB (40 USD) |
Daycare for Infant ![]() | 2,000 ERN (132 USD) | 200 PAB (200 USD) |
Daycare for Toddler ![]() | 1,500 ERN (99 USD) | 150 PAB (150 USD) |
Childcare for Sick Days ![]() | 300 ERN (19.80 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs ![]() | 1,500 ERN (99 USD) | 150 PAB (150 USD) |
Extra Curricular Activities ![]() | 500 ERN (33 USD) | 100 PAB (100 USD) |
Summer Camp for Kids ![]() | 1,000 ERN (66 USD) | 150 PAB (150 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 1.65 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
PreSchool Fees ![]() | 1,200 ERN (79.20 USD) | 250 PAB (250 USD) |
Primary School Fees ![]() | 3,000 ERN (198 USD) | 400 PAB (400 USD) |
Secondary School Fees ![]() | 4,000 ERN (264 USD) | 600 PAB (600 USD) |
Private School Fees ![]() | 5,000 ERN (330 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees ![]() | 10,000 ERN (660 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees ![]() | 20,000 ERN (1,320 USD) | 3,500 PAB (3,500 USD) |
After School Activities ![]() | 500 ERN (33 USD) | 75 PAB (75 USD) |
Special Education Services ![]() | 600 ERN (39.60 USD) | 200 PAB (200 USD) |
Tutoring ![]() | 700 ERN (46.20 USD) | 30 PAB (30 USD) |
Textbooks Cost ![]() | 200 ERN (13.20 USD) | 50 PAB (50 USD) |
School Supplies ![]() | 100 ERN (6.60 USD) | 30 PAB (30 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 2.89 times less for school and education.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 100 ERN (6.60 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) ![]() | 200 ERN (13.20 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) ![]() | 300 ERN (19.80 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) ![]() | 400 ERN (26.40 USD) | 15 PAB (15 USD) |
Gym Membership ![]() | 500 ERN (33 USD) | 40 PAB (40 USD) |
Swimming Pool Access ![]() | 300 ERN (19.80 USD) | 25 PAB (25 USD) |
Museum Entry Ticket ![]() | 100 ERN (6.60 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket ![]() | 100 ERN (6.60 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket ![]() | 200 ERN (13.20 USD) | 20 PAB (20 USD) |
Bowling ![]() | 200 ERN (13.20 USD) | 15 PAB (15 USD) |
Mini Golf ![]() | 150 ERN (9.90 USD) | 12 PAB (12 USD) |
Video Games ![]() | 1,000 ERN (66 USD) | 40 PAB (40 USD) |
Streaming Services ![]() | 200 ERN (13.20 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental ![]() | 300 ERN (19.80 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass ![]() | 1,000 ERN (66 USD) | 500 PAB (500 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 2.29 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Language Classes ![]() | 500 ERN (33 USD) | 150 PAB (150 USD) |
Parenting Classes ![]() | 300 ERN (19.80 USD) | 150 PAB (150 USD) |
Art Classes ![]() | 500 ERN (33 USD) | 25 PAB (25 USD) |
Fitness Classes ![]() | 200 ERN (13.20 USD) | 25 PAB (25 USD) |
Music Lessons ![]() | 300 ERN (19.80 USD) | 30 PAB (30 USD) |
Dance Lessons ![]() | 400 ERN (26.40 USD) | 30 PAB (30 USD) |
Reading Materials for Classes ![]() | 100 ERN (6.60 USD) | 8 PAB (8 USD) |
Educational Software ![]() | 200 ERN (13.20 USD) | 150 PAB (150 USD) |
If you lived in Eritrea, instead of Panama, you would have to pay 3.44 times less for Private Classes.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 5,000 ERN (330 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary ![]() | 3,500 ERN (231 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages ![]() | 33.33 ERN per hour (2.20 USD) | 20 PAB per hour (20 USD) |
Average Bonus ![]() | 500 ERN (33 USD) | 150 PAB (150 USD) |
Income Tax Rate ![]() | 0 to 5 % | 0 to 7 % |
Social Security Contributions ![]() | 8 % | 9 % |
Pension Contributions ![]() | 6 % | 10 % |
Cost of Living Index ![]() | 35 | 50 |
Median Household Income ![]() | 4,000 ERN (264 USD) | 1,200 PAB (1,200 USD) |
If you lived in Eritrea, you would earn 4.73 times less salary as compared to Panama.
![]() Indicators ![]() | ![]() Eritrea ![]() | ![]() Panama ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 200 ERN (13.20 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate ![]() | 150 ERN (9.90 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate ![]() | 100 ERN (6.60 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate ![]() | 150 ERN (9.90 USD) | 60 PAB (60 USD) |
Professional Services cost 8.08 times less in Eritrea, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Eritrea and Panama.
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