Published: Monday, 21th October 2024
The cost of living in Kuwait is 3.47 times more expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Kuwait 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 Kuwait 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 ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 400 KWD (1,300 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center ![]() | 600 KWD (1,950 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center ![]() | 900 KWD (2,925 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center ![]() | 250 KWD (812.50 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center ![]() | 400 KWD (1,300 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center ![]() | 600 KWD (1,950 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month ![]() | 3 % | 1.3 % |
Realtor Commission ![]() | 2 % | 5 % |
Property Taxes ![]() | Yet to Update | 0.6 to 1.0 % |
The average housing cost in Kuwait is 1.01 times more expensive than Panama.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Basic Home Furnishing ![]() | 1,500 KWD (4,875 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month ![]() | 40 KWD (130 USD) | 150 PAB (150 USD) |
Heating Cost Per Month ![]() | 50 KWD (162.50 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month ![]() | 60 KWD (195 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month ![]() | 20 KWD (65 USD) | 60 PAB (60 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 60.10% more for Utilities.
The basic home furnishing in Kuwait costs 1.63 times more compared to Panama.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 25 KWD (81.25 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 20 KWD (65 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month ![]() | 15 KWD (48.75 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 30 KWD (97.50 USD) | 80 PAB (80 USD) |
The internet and communication costs 27.17% more in Kuwait compared to Panama.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 2.50 KWD (8.13 USD) | 2 PAB (2 USD) |
Milk (1 Liter) ![]() | 1.50 KWD (4.88 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) ![]() | 0.60 KWD (1.95 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) ![]() | 1.80 KWD (5.85 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) ![]() | 2.80 KWD (9.10 USD) | 3 PAB (3 USD) |
Cheese (1 KG) ![]() | 6 KWD (19.50 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) ![]() | 7 KWD (22.75 USD) | 7 PAB (7 USD) |
In Kuwait, the cost of 1 Liter Water and 1 Liter Milk is 3.41 times more expensive than the cost in Panama.
If you lived in Kuwait, instead of Panama, you would have to pay 260.75% more for Groceries.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Apples (1 KG) ![]() | 2.80 KWD (9.10 USD) | 3 PAB (3 USD) |
Bananas (1 KG) ![]() | 2.50 KWD (8.13 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) ![]() | 2.80 KWD (9.10 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) ![]() | 2.50 KWD (8.13 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) ![]() | 1.80 KWD (5.85 USD) | 1 PAB (1 USD) |
Lemons (1 KG) ![]() | 2.80 KWD (9.10 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) ![]() | 1.80 KWD (5.85 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) ![]() | 2.80 KWD (9.10 USD) | 2.50 PAB (2.50 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 4.02 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 8 KWD (26 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two ![]() | 25 KWD (81.25 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal ![]() | 5 KWD (16.25 USD) | 6 PAB (6 USD) |
Normal Coffee ![]() | 2.50 KWD (8.13 USD) | 2.50 PAB (2.50 USD) |
Soft Drink ![]() | 1.50 KWD (4.88 USD) | 1.50 PAB (1.50 USD) |
Pizza for One ![]() | 7 KWD (22.75 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal ![]() | 6 KWD (19.50 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 ![]() | 3.50 KWD (11.38 USD) | 6 PAB (6 USD) |
Dining-Out costs 137.66% more in Kuwait compared to Panama.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 12 KWD (39 USD) | 15 PAB (15 USD) |
Glass of Wine ![]() | 5 KWD (16.25 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter ![]() | 2 KWD (6.50 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter ![]() | 2.50 KWD (8.13 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter ![]() | 8 KWD (26 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter ![]() | 14 KWD (45.50 USD) | 25 PAB (25 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 2.09 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 30 KWD (97.50 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket ![]() | 1 KWD (3.25 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket ![]() | 15 KWD (48.75 USD) | Yet to Update () |
Domestic Airplane Ticket ![]() | 150 KWD (487.50 USD) | 100 PAB (100 USD) |
Taxi Start Fare ![]() | 2 KWD (6.50 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer ![]() | 1 KWD (3.25 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day ![]() | 40 KWD (130 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour ![]() | 3 KWD (9.75 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour ![]() | 1.50 KWD (4.88 USD) | 1 PAB (1 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 4.19 times more for transportation.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 25,000 KWD (81,250 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost ![]() | 100 KWD (325 USD) | 80 PAB (80 USD) |
Driving License Fees ![]() | 50 KWD (162.50 USD) | 50 PAB (50 USD) |
Car Insurance Cost ![]() | 500 KWD (1,625 USD) | 400 PAB (400 USD) |
Car Maintenance Cost ![]() | 200 KWD (650 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates ![]() | 3.5 % | 6 % |
Fuel Per Liter ![]() | 0.90 KWD (2.93 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon ![]() | 3.40 KWD (11.05 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees ![]() | 5 KWD 16.25 USD | 5 PAB 5 USD |
You would have to pay 5.36 times more for Vehicle purchase, daily operation and maintenance in Kuwait compared to that of Panama.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Doctor Visit ![]() | 50 KWD (162.50 USD) | 50 PAB (50 USD) |
Specialist Visit ![]() | 80 KWD (260 USD) | 100 PAB (100 USD) |
Dentist Visit ![]() | 60 KWD (195 USD) | 70 PAB (70 USD) |
Eye Exam ![]() | 40 KWD (130 USD) | 50 PAB (50 USD) |
Mental Health Counseling ![]() | 70 KWD (227.50 USD) | 100 PAB (100 USD) |
Preventive Health Screening ![]() | 40 KWD (130 USD) | 50 PAB (50 USD) |
Physical Therapy ![]() | 50 KWD (162.50 USD) | 75 PAB (75 USD) |
Emergency Room Visit ![]() | 100 KWD (325 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night ![]() | 120 KWD (390 USD) | 150 PAB (150 USD) |
Vaccinations ![]() | 30 KWD (97.50 USD) | 30 PAB (30 USD) |
Prescription Medication ![]() | 15 KWD (48.75 USD) | 20 PAB (20 USD) |
Over the Counter Medication ![]() | 7 KWD (22.75 USD) | 10 PAB (10 USD) |
Health Insurance Premiums ![]() | 150 KWD (487.50 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles ![]() | 75 KWD (243.75 USD) | 75 PAB (75 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 2.34 times more for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Cosmetic Procedures ![]() | 120 KWD (390 USD) | 200 PAB (200 USD) |
Spa Treatment ![]() | 70 KWD (227.50 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost ![]() | 30 KWD (97.50 USD) | 30 PAB (30 USD) |
Optical Glasses Cost ![]() | 120 KWD (390 USD) | 80 PAB (80 USD) |
Contact Lenses Cost ![]() | 60 KWD (195 USD) | 40 PAB (40 USD) |
Haircuts ![]() | 20 KWD (65 USD) | 15 PAB (15 USD) |
Hair Coloring ![]() | 40 KWD (130 USD) | 40 PAB (40 USD) |
Shampoo Price ![]() | 4 KWD (13 USD) | 5 PAB (5 USD) |
Toothpaste Price ![]() | 2 KWD (6.50 USD) | 2 PAB (2 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 3.11 times more for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 90 KWD (292.50 USD) | 80 PAB (80 USD) |
Men's Shirt ![]() | 35 KWD (113.75 USD) | 25 PAB (25 USD) |
Women's Dress ![]() | 70 KWD (227.50 USD) | 40 PAB (40 USD) |
Summer Dress ![]() | 50 KWD (162.50 USD) | 30 PAB (30 USD) |
Men's Suit ![]() | 180 KWD (585 USD) | 100 PAB (100 USD) |
Men's Jeans ![]() | 60 KWD (195 USD) | 40 PAB (40 USD) |
Women's Jeans ![]() | 60 KWD (195 USD) | 30 PAB (30 USD) |
Men's Formal Shoes ![]() | 90 KWD (292.50 USD) | 80 PAB (80 USD) |
Women's Formal Shoes ![]() | 80 KWD (260 USD) | 80 PAB (80 USD) |
Men's Casual Shoes ![]() | 70 KWD (227.50 USD) | 50 PAB (50 USD) |
Women's Casual Shoes ![]() | 50 KWD (162.50 USD) | 50 PAB (50 USD) |
Underwear For Men ![]() | 6 KWD (19.50 USD) | 8 PAB (8 USD) |
Underwear For Women ![]() | 7 KWD (22.75 USD) | 12 PAB (12 USD) |
Socks For Men ![]() | 2.50 KWD (8.13 USD) | 3 PAB (3 USD) |
Socks For Women ![]() | 3 KWD (9.75 USD) | 3 PAB (3 USD) |
Wintercoat for Adults ![]() | 90 KWD (292.50 USD) | 80 PAB (80 USD) |
Sportswear ![]() | 60 KWD (195 USD) | 40 PAB (40 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 4.34 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Children's Jeans ![]() | 30 KWD (97.50 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers ![]() | 35 KWD (113.75 USD) | 30 PAB (30 USD) |
Children's Winter Coat ![]() | 60 KWD (195 USD) | 40 PAB (40 USD) |
Daycare for Infant ![]() | 350 KWD (1,137.50 USD) | 200 PAB (200 USD) |
Daycare for Toddler ![]() | 300 KWD (975 USD) | 150 PAB (150 USD) |
Childcare for Sick Days ![]() | 30 KWD (97.50 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs ![]() | 250 KWD (812.50 USD) | 150 PAB (150 USD) |
Extra Curricular Activities ![]() | 80 KWD (260 USD) | 100 PAB (100 USD) |
Summer Camp for Kids ![]() | 200 KWD (650 USD) | 150 PAB (150 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 4.99 times more for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
PreSchool Fees ![]() | 450 KWD (1,462.50 USD) | 250 PAB (250 USD) |
Primary School Fees ![]() | 600 KWD (1,950 USD) | 400 PAB (400 USD) |
Secondary School Fees ![]() | 800 KWD (2,600 USD) | 600 PAB (600 USD) |
Private School Fees ![]() | 1,200 KWD (3,900 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees ![]() | 2,500 KWD (8,125 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees ![]() | 3,500 KWD (11,375 USD) | 3,500 PAB (3,500 USD) |
After School Activities ![]() | 150 KWD (487.50 USD) | 75 PAB (75 USD) |
Special Education Services ![]() | 200 KWD (650 USD) | 200 PAB (200 USD) |
Tutoring ![]() | 30 KWD (97.50 USD) | 30 PAB (30 USD) |
Textbooks Cost ![]() | 60 KWD (195 USD) | 50 PAB (50 USD) |
School Supplies ![]() | 40 KWD (130 USD) | 30 PAB (30 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 3.59 times more for school and education.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 10 KWD (32.50 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) ![]() | 20 KWD (65 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) ![]() | 30 KWD (97.50 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) ![]() | 25 KWD (81.25 USD) | 15 PAB (15 USD) |
Gym Membership ![]() | 40 KWD (130 USD) | 40 PAB (40 USD) |
Swimming Pool Access ![]() | 35 KWD (113.75 USD) | 25 PAB (25 USD) |
Museum Entry Ticket ![]() | 8 KWD (26 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket ![]() | 15 KWD (48.75 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket ![]() | 25 KWD (81.25 USD) | 20 PAB (20 USD) |
Bowling ![]() | 12 KWD (39 USD) | 15 PAB (15 USD) |
Mini Golf ![]() | 10 KWD (32.50 USD) | 12 PAB (12 USD) |
Video Games ![]() | 45 KWD (146.25 USD) | 40 PAB (40 USD) |
Streaming Services ![]() | 12 KWD (39 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental ![]() | 25 KWD (81.25 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass ![]() | 250 KWD (812.50 USD) | 500 PAB (500 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 2.40 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Language Classes ![]() | 150 KWD (487.50 USD) | 150 PAB (150 USD) |
Parenting Classes ![]() | 100 KWD (325 USD) | 150 PAB (150 USD) |
Art Classes ![]() | 25 KWD (81.25 USD) | 25 PAB (25 USD) |
Fitness Classes ![]() | 20 KWD (65 USD) | 25 PAB (25 USD) |
Music Lessons ![]() | 30 KWD (97.50 USD) | 30 PAB (30 USD) |
Dance Lessons ![]() | 40 KWD (130 USD) | 30 PAB (30 USD) |
Reading Materials for Classes ![]() | 6 KWD (19.50 USD) | 8 PAB (8 USD) |
Educational Software ![]() | 60 KWD (195 USD) | 150 PAB (150 USD) |
If you lived in Kuwait, instead of Panama, you would have to pay 2.47 times more for Private Classes.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 1,200 KWD (3,900 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary ![]() | 900 KWD (2,925 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages ![]() | 20 KWD per hour (65 USD) | 20 PAB per hour (20 USD) |
Average Bonus ![]() | 700 KWD (2,275 USD) | 150 PAB (150 USD) |
Income Tax Rate ![]() | 0 % | 0 to 7 % |
Social Security Contributions ![]() | 8 % | 9 % |
Pension Contributions ![]() | 5 % | 10 % |
Cost of Living Index ![]() | 70 | 50 |
Median Household Income ![]() | 2,000 KWD (6,500 USD) | 1,200 PAB (1,200 USD) |
If you lived in Kuwait, you would earn 3.85 times more salary as compared to Panama.
![]() Indicators ![]() | ![]() Kuwait ![]() | ![]() Panama ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 150 KWD (487.50 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate ![]() | 120 KWD (390 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate ![]() | 100 KWD (325 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate ![]() | 110 KWD (357.50 USD) | 60 PAB (60 USD) |
Professional Services cost 4.88 times more in Kuwait, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Kuwait and Panama.
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