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Comparedoo
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Luxembourg vs Panama (Cost of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 6th April 2025
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General Comparison
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Cost of Living
Standard Of Living Image Comparedoo.com
Standard of Living

The cost of living in Luxembourg is 1.67 times more expensive as compared to Panama.

On this page, you will find side-by-side cost comparison between Luxembourg 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 Luxembourg 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

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Housing Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
1 BHK Apartment in City Center
Image Describing 1 bedroom apartment in City Center
1,600 EUR
(1,779.36 USD)		1,200 PAB
(1,200 USD)
2 BHK Apartment in City Center
Image Describing 2 bedroom apartment in City Center
2,200 EUR
(2,446.62 USD)		2,000 PAB
(2,000 USD)
3 BHK Apartment in City Center
Image Describing 3 bedroom apartment in City Center
2,800 EUR
(3,113.88 USD)		3,000 PAB
(3,000 USD)
1 BHK Apartment outside City Center
Image Describing 1 bedroom apartment outside City Center
1,200 EUR
(1,334.52 USD)		800 PAB
(800 USD)
2 BHK Apartment outside City Center
Image Describing 2 bedroom apartment outside City Center
1,600 EUR
(1,779.36 USD)		1,200 PAB
(1,200 USD)
3 BHK Apartment outside City Center
Image Describing 3 bedroom apartment outside City Center
2,000 EUR
(2,224.20 USD)		1,800 PAB
(1,800 USD)
Mortgage Rates Per Month
Image Describing Mortgage Rates Per Month
1.1 %1.3 %
Realtor Commission
Image Describing Real Estate Agents Comission Fees
3 %5 %
Property Taxes
Image Describing Property Taxes in any given country
0.7 to 1.1 %0.6 to 1.0 %

Is housing more expensive in Luxembourg than in Panama?

The average housing cost in Luxembourg is 1.27 times more expensive than Panama.

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Basic Utilities Cost Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Basic Home Furnishing
Image Describing Home Furnishing Cost
6,000 EUR
(6,672.60 USD)		3,000 PAB
(3,000 USD)
Electricity Cost Per Month
Image Describing Electricity Cost per month
120 EUR
(133.45 USD)		150 PAB
(150 USD)
Heating Cost Per Month
Image Describing Heating Cost per month
100 EUR
(111.21 USD)		100 PAB
(100 USD)
Cooling Cost Per Month
Image Describing Cooling Cost per month
50 EUR
(55.61 USD)		80 PAB
(80 USD)
Water Supply Cost Per Month
Image Describing water cost per month
40 EUR
(44.48 USD)		60 PAB
(60 USD)

Does the utility cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 107.00% more for Utilities.

The basic home furnishing in Luxembourg costs 2.22 times more compared to Panama.

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Network and Communication Cost Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Standard Wifi Cost Per Month
Image Describing wifi cost per month
50 EUR
(55.61 USD)		70 PAB
(70 USD)
Mobile Phone Basic Plan Cost Per Month
Image Describing mobile phone basic plan cost per month
40 EUR
(44.48 USD)		50 PAB
(50 USD)
Landline Basic Plan Cost Per Month
Image Describing Landline phone basic plan cost per month
25 EUR
(27.80 USD)		30 PAB
(30 USD)
Cable TV Basic Plan Cost Per Month
Image Describing Cable TV basic plan cost per month
50 EUR
(55.61 USD)		80 PAB
(80 USD)

The internet and communication costs 20.22% less in Luxembourg compared to Panama.

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Groceries Cost Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Long Grain Rice (1 KG)
Image Describing rice cost per month
2.50 EUR
(2.78 USD)		2 PAB
(2 USD)
Milk (1 Liter)
Image Describing milk cost per month
1.20 EUR
(1.33 USD)		1.50 PAB
(1.50 USD)
Water (1 Liter)
Image Describing water cost per month
0.70 EUR
(0.78 USD)		0.50 PAB
(0.50 USD)
Bread (500 gm)
Image Describing bread cost per month
1 EUR
(1.11 USD)		1 PAB
(1 USD)
Eggs (1 Dozen)
Image Describing eggs cost per month
3 EUR
(3.34 USD)		3 PAB
(3 USD)
Cheese (1 KG)
Image Describing cheese cost per month
10 EUR
(11.12 USD)		5 PAB
(5 USD)
Chicken Breast (1 KG)
Image Describing chicken cost per month
8 EUR
(8.90 USD)		7 PAB
(7 USD)

Does the Groceries cost more in Luxembourg than in Panama?

In Luxembourg, the cost of 1 Liter Water and 1 Liter Milk is 1.06 times more expensive than the cost in Panama.

If you lived in Luxembourg, instead of Panama, you would have to pay 46.80% more for Groceries.

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Fruits and Vegetables Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Apples (1 KG)
Image Describing apples cost per month
3 EUR
(3.34 USD)		3 PAB
(3 USD)
Bananas (1 KG)
Image Describing bananas cost per month
2 EUR
(2.22 USD)		1.50 PAB
(1.50 USD)
Oranges (1 KG)
Image Describing oranges cost per month
2.50 EUR
(2.78 USD)		2 PAB
(2 USD)
Tomatoes (1 KG)
Image Describing tomatoes cost per month
2.50 EUR
(2.78 USD)		2 PAB
(2 USD)
Potatoes (1 KG)
Image Describing potatoes cost per month
2 EUR
(2.22 USD)		1 PAB
(1 USD)
Lemons (1 KG)
Image Describing lemons cost per month
3 EUR
(3.34 USD)		2.50 PAB
(2.50 USD)
Onions (1 KG)
Image Describing onions cost per month
2 EUR
(2.22 USD)		1.50 PAB
(1.50 USD)
Lentils (1 KG)
Image Describing lentils cost per month
2.50 EUR
(2.78 USD)		2.50 PAB
(2.50 USD)

If you lived in Luxembourg, instead of Panama, you would have to pay 1.36 times more for Fruits and Vegetables.

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Dining Out Cost Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Meal at a Resonable Restaurant
Image Describing Meal cost at an inexpensive restaurant
20 EUR
(22.24 USD)		12 PAB
(12 USD)
Three-Course Meal for Two
Image Describing Three-Course Meal for Two cost
60 EUR
(66.73 USD)		30 PAB
(30 USD)
Fast Food Combo Meal
Image Describing the cost of Fast Food Combo Meal
10 EUR
(11.12 USD)		6 PAB
(6 USD)
Normal Coffee
Image Describing Coffee cost
2.50 EUR
(2.78 USD)		2.50 PAB
(2.50 USD)
Soft Drink
Image Describing Soft Drink Cost
2 EUR
(2.22 USD)		1.50 PAB
(1.50 USD)
Pizza for One
Image Describing Pizza cost
12 EUR
(13.35 USD)		12 PAB
(12 USD)
Take-Out Delivery Meal
Image Describing Take Out Delivery Meal Cost
20 EUR
(22.24 USD)		10 PAB
(10 USD)
Cigarette Pack of 20
Image Describing lentils cost per month
5 EUR
(5.56 USD)		6 PAB
(6 USD)

Is Dining-Out more expensive in Luxembourg than in Panama?

Dining-Out costs 82.80% more in Luxembourg compared to Panama.

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Drinks Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Wine Mid-Range Bottle
Image Describing Wine Mid Range Bottle
10 EUR
(11.12 USD)		15 PAB
(15 USD)
Glass of Wine
Image Describing cost of Glass of Wine
5 EUR
(5.56 USD)		6 PAB
(6 USD)
Domestic Beer Half Liter
Image Describing the cost of a domestic beer of half liter
2 EUR
(2.22 USD)		2.50 PAB
(2.50 USD)
Imported Beer Half Liter
Image Describing the cost of a branded beer of half liter
2.50 EUR
(2.78 USD)		4 PAB
(4 USD)
Domestic Alcohol 1 Liter
Image Describing the cost of a Domestic Alcohol 1 liter
18 EUR
(20.02 USD)		15 PAB
(15 USD)
Branded Alcohol 1 Liter
Image Describing the cost of a Branded Alcohol 1 liter
30 EUR
(33.36 USD)		25 PAB
(25 USD)

Are Drinks more expensive in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 1.11 times more for usual hard drinks.

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Transportation Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Monthly Public Transportation Pass
Image Describing Monthly Public Transportation Pass
40 EUR
(44.48 USD)		50 PAB
(50 USD)
Single Public Transportation Ticket
Image Describing Single Public Transportation Ticket
1.50 EUR
(1.67 USD)		1.50 PAB
(1.50 USD)
Single Train Ticket
Image Describing Single Train Ticket
25 EUR
(27.80 USD)		Yet to Update
()
Domestic Airplane Ticket
Image Describing Domestic Airplane Ticket
120 EUR
(133.45 USD)		100 PAB
(100 USD)
Taxi Start Fare
Image Describing Taxi Start Fare
2 EUR
(2.22 USD)		3 PAB
(3 USD)
Taxi Rate Per Kilometer
Image Describing Taxi Rate Per Kilometer
0.80 EUR
(0.89 USD)		1.50 PAB
(1.50 USD)
Car Rental Per Day
Image Describing Car Rental Per Day
60 EUR
(66.73 USD)		30 PAB
(30 USD)
Parking Fees in City Center Per Hour
Image Describing Parking Fees in City Center
3 EUR
(3.34 USD)		2 PAB
(2 USD)
Parking Fees outside City Center Per Hour
Image Describing Parking Fees outside City Center
1.50 EUR
(1.67 USD)		1 PAB
(1 USD)

Is Transportation more expensive in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 1.49 times more for transportation.

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Vehicle Purchase and Maintenance Cost

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Reasonable Vehicle Purchase Cost
Image Describing Reasonable Vehicle Purchase Cost
25,000 EUR
(27,802.50 USD)		15,000 PAB
(15,000 USD)
Vehicle Registration Cost
Image Describing Vehicle Registration Cost
200 EUR
(222.42 USD)		80 PAB
(80 USD)
Driving License Fees
Image Describing Driving License Fees
60 EUR
(66.73 USD)		50 PAB
(50 USD)
Car Insurance Cost
Image Describing Car Insurance Cost
500 EUR
(556.05 USD)		400 PAB
(400 USD)
Car Maintenance Cost
Image Describing Car Maintenance Cost
350 EUR
(389.24 USD)		150 PAB
(150 USD)
Car Loan Interest Rates
Image Describing Car Loan Interest Rates
6 %6 %
Fuel Per Liter
Image Describing Fuel Per Liter
1.60 EUR
(1.78 USD)		1.20 PAB
(1.20 USD)
Fuel Per Gallon
Image Describing Fuel Per Gallon
6 EUR
(6.67 USD)		4.50 PAB
(4.50 USD)
Average Toll Fees
Image Describing Average Toll Fees
Yet to Update
5 PAB
5 USD

Is Vehicle Operation and Maintenance more expensive in Luxembourg than in Panama?

You would have to pay 1.85 times more for Vehicle purchase, daily operation and maintenance in Luxembourg compared to that of Panama.

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Health and Medical Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Doctor Visit
Image Describing Doctors Visit
50 EUR
(55.61 USD)		50 PAB
(50 USD)
Specialist Visit
Image Describing Specialists Visit
80 EUR
(88.97 USD)		100 PAB
(100 USD)
Dentist Visit
Image Describing Dentist Visit
70 EUR
(77.85 USD)		70 PAB
(70 USD)
Eye Exam
Image Describing Eye Exam
40 EUR
(44.48 USD)		50 PAB
(50 USD)
Mental Health Counseling
Image Describing Mental Health Counseling
70 EUR
(77.85 USD)		100 PAB
(100 USD)
Preventive Health Screening
Image Describing Preventive Health Screening
50 EUR
(55.61 USD)		50 PAB
(50 USD)
Physical Therapy
Image Describing Physical Therapy
60 EUR
(66.73 USD)		75 PAB
(75 USD)
Emergency Room Visit
Image Describing Emergency Room Visit
120 EUR
(133.45 USD)		300 PAB
(300 USD)
Hospital Stay Per Night
Image Describing Hospital Stay Per Night
180 EUR
(200.18 USD)		150 PAB
(150 USD)
Vaccinations
Image Describing Vaccinations
30 EUR
(33.36 USD)		30 PAB
(30 USD)
Prescription Medication
Image Describing Prescription Medication
15 EUR
(16.68 USD)		20 PAB
(20 USD)
Over the Counter Medication
Image Describing Over the Counter Medication
7 EUR
(7.78 USD)		10 PAB
(10 USD)
Health Insurance Premiums
Image Describing Health Insurance Premiums
100 EUR
(111.21 USD)		150 PAB
(150 USD)
Health Insurance Deductibles
Image Describing Health Insurance Deductibles
25 EUR
(27.80 USD)		75 PAB
(75 USD)

Does Health and Medical Treatment cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 1.23 times less for Health and Medical Treatment.

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Personal Care Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Cosmetic Procedures
Image Describing Cosmetic Procedures
600 EUR
(667.26 USD)		200 PAB
(200 USD)
Spa Treatment
Image Describing Spa Treatment
70 EUR
(77.85 USD)		75 PAB
(75 USD)
Manicure Pedicure Cost
Image Describing Manicure Pedicure Cost
40 EUR
(44.48 USD)		30 PAB
(30 USD)
Optical Glasses Cost
Image Describing Optical Glasses Cost
120 EUR
(133.45 USD)		80 PAB
(80 USD)
Contact Lenses Cost
Image Describing Contact Lenses Cost
90 EUR
(100.09 USD)		40 PAB
(40 USD)
Haircuts
Image Describing Hair Cuts
20 EUR
(22.24 USD)		15 PAB
(15 USD)
Hair Coloring
Image Describing Hair Coloring
40 EUR
(44.48 USD)		40 PAB
(40 USD)
Shampoo Price
Image Describing Shampoo Price
4 EUR
(4.45 USD)		5 PAB
(5 USD)
Toothpaste Price
Image Describing Toothpaste Price
2.50 EUR
(2.78 USD)		2 PAB
(2 USD)

Does Personal Care cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 2.25 times more for Personal Care Items and Treatment.

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Clothing and Footwear Cost (Adults)

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Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Pair of Nike Running Shoes
Image Describing Pair of Nike Running Shoes
90 EUR
(100.09 USD)		80 PAB
(80 USD)
Men's Shirt
Image Describing Men's Shirt
50 EUR
(55.61 USD)		25 PAB
(25 USD)
Women's Dress
Image Describing Women's Shirt
90 EUR
(100.09 USD)		40 PAB
(40 USD)
Summer Dress
Image Describing Summer Dress
60 EUR
(66.73 USD)		30 PAB
(30 USD)
Men's Suit
Image Describing Men's Suit
300 EUR
(333.63 USD)		100 PAB
(100 USD)
Men's Jeans
Image Describing Men's Jeans
70 EUR
(77.85 USD)		40 PAB
(40 USD)
Women's Jeans
Image Describing Women's Jeans
60 EUR
(66.73 USD)		30 PAB
(30 USD)
Men's Formal Shoes
Image Describing Men's formal Shoes
120 EUR
(133.45 USD)		80 PAB
(80 USD)
Women's Formal Shoes
Image Describing Women's formal Shoes
90 EUR
(100.09 USD)		80 PAB
(80 USD)
Men's Casual Shoes
Image Describing Men's Casual Shoes
80 EUR
(88.97 USD)		50 PAB
(50 USD)
Women's Casual Shoes
Image Describing Women's Casual Shoes
70 EUR
(77.85 USD)		50 PAB
(50 USD)
Underwear For Men
Image Describing Underwear For Men
20 EUR
(22.24 USD)		8 PAB
(8 USD)
Underwear For Women
Image Describing Underwear For Women
25 EUR
(27.80 USD)		12 PAB
(12 USD)
Socks For Men
Image Describing socks For Men
6 EUR
(6.67 USD)		3 PAB
(3 USD)
Socks For Women
Image Describing socks For Women
6 EUR
(6.67 USD)		3 PAB
(3 USD)
Wintercoat for Adults
Image Describing Wintercoat for Adults
120 EUR
(133.45 USD)		80 PAB
(80 USD)
Sportswear
Image Describing Sportswear
70 EUR
(77.85 USD)		40 PAB
(40 USD)

Does Clothing and Footwear for adults cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 1.97 times more for Clothing and Footwear for Adults.

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Childcare Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Children's Jeans
Image Describing Children Jeans
40 EUR
(44.48 USD)		20 PAB
(20 USD)
Children's Normal Sneakers
Image Describing Children Normal Sneakers
50 EUR
(55.61 USD)		30 PAB
(30 USD)
Children's Winter Coat
Image Describing Children's Winter Coat
70 EUR
(77.85 USD)		40 PAB
(40 USD)
Daycare for Infant
Image Describing Daycare for Infant
500 EUR
(556.05 USD)		200 PAB
(200 USD)
Daycare for Toddler
Image Describing Daycare for Toddler
450 EUR
(500.45 USD)		150 PAB
(150 USD)
Childcare for Sick Days
Image Describing Childcare for Sick Days
300 EUR
(333.63 USD)		30 PAB
(30 USD)
Early Childhood Education Programs
Image Describing Early Childhood Education Programs
350 EUR
(389.24 USD)		150 PAB
(150 USD)
Extra Curricular Activities
Image Describing Extra Curricular Activities
250 EUR
(278.03 USD)		100 PAB
(100 USD)
Summer Camp for Kids
Image Describing Summer Camp
450 EUR
(500.45 USD)		150 PAB
(150 USD)

Does Childcare Care cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 3.14 times more for Childcare and kids clothing.

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School and Education Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
PreSchool Fees
Image Describing PreSchool Fees
350 EUR
(389.24 USD)		250 PAB
(250 USD)
Primary School Fees
Image Describing Primary School Fees
900 EUR
(1,000.89 USD)		400 PAB
(400 USD)
Secondary School Fees
Image Describing Secondary School Fees
1,200 EUR
(1,334.52 USD)		600 PAB
(600 USD)
Private School Fees
Image Describing Private School Fees
1,700 EUR
(1,890.57 USD)		1,000 PAB
(1,000 USD)
University Tuition Fees
Image Describing University Tuition Fees
2,200 EUR
(2,446.62 USD)		2,500 PAB
(2,500 USD)
University Private Tuition Fees
Image Describing University Private Tuition Fees
2,700 EUR
(3,002.67 USD)		3,500 PAB
(3,500 USD)
After School Activities
Image Describing After School Activities
250 EUR
(278.03 USD)		75 PAB
(75 USD)
Special Education Services
Image Describing Special Education Services
900 EUR
(1,000.89 USD)		200 PAB
(200 USD)
Tutoring
Image Describing Tutoring
50 EUR
(55.61 USD)		30 PAB
(30 USD)
Textbooks Cost
Image Describing Textbooks Cost
180 EUR
(200.18 USD)		50 PAB
(50 USD)
School Supplies
Image Describing School Supplies
60 EUR
(66.73 USD)		30 PAB
(30 USD)

Does Schooling cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 1.35 times more for school and education.

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Entertainment and Recreation Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Movie Ticket (Single)
Image Describing Single Movie Ticket
10 EUR
(11.12 USD)		8 PAB
(8 USD)
Theater Ticket (Single)
Image Describing Single Theater Ticket
20 EUR
(22.24 USD)		15 PAB
(15 USD)
Concert Ticket (Single)
Image Describing Single Concert Ticket
25 EUR
(27.80 USD)		25 PAB
(25 USD)
Sports Event Ticket (Single)
Image Describing Single Sports Event Ticket
30 EUR
(33.36 USD)		15 PAB
(15 USD)
Gym Membership
Image Describing Gym Membership
40 EUR
(44.48 USD)		40 PAB
(40 USD)
Swimming Pool Access
Image Describing Swimming Pool Access
25 EUR
(27.80 USD)		25 PAB
(25 USD)
Museum Entry Ticket
Image Describing Museum Entry Ticket
7 EUR
(7.78 USD)		8 PAB
(8 USD)
Zoo Entry Ticket
Image Describing Zoo Entry Ticket
10 EUR
(11.12 USD)		12 PAB
(12 USD)
Amusement Park Entry Ticket
Image Describing Amusement Park Entry Ticket
20 EUR
(22.24 USD)		20 PAB
(20 USD)
Bowling
Image Describing Bowling
6 EUR
(6.67 USD)		15 PAB
(15 USD)
Mini Golf
Image Describing Mini Golf
5 EUR
(5.56 USD)		12 PAB
(12 USD)
Video Games
Image Describing Video Games
60 EUR
(66.73 USD)		40 PAB
(40 USD)
Streaming Services
Image Describing Streaming Services
12 EUR
(13.35 USD)		12 PAB
(12 USD)
Outdoor Equipment Rental
Image Describing Outdoor Equipment Rental
25 EUR
(27.80 USD)		15 PAB
(15 USD)
Theme Park Annual Pass
Image Describing Theme Park Annual Pass
200 EUR
(222.42 USD)		500 PAB
(500 USD)

Does Entertainment and Recreation cost more in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 1.38 times less for entertainment, recreation and fun activities.

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Private Classes and Lessons Cost Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Language Classes
Image Describing Language Classes
60 EUR
(66.73 USD)		150 PAB
(150 USD)
Parenting Classes
Image Describing Parenting Classes
50 EUR
(55.61 USD)		150 PAB
(150 USD)
Art Classes
Image Describing Art Classes
20 EUR
(22.24 USD)		25 PAB
(25 USD)
Fitness Classes
Image Describing Fitness Classes
12 EUR
(13.35 USD)		25 PAB
(25 USD)
Music Lessons
Image Describing Music Lessons
30 EUR
(33.36 USD)		30 PAB
(30 USD)
Dance Lessons
Image Describing Dance Lessons
25 EUR
(27.80 USD)		30 PAB
(30 USD)
Reading Materials for Classes
Image Describing Reading Materials for Classes
7 EUR
(7.78 USD)		8 PAB
(8 USD)
Educational Software
Image Describing Educational Software
25 EUR
(27.80 USD)		150 PAB
(150 USD)

Are Private Classes more expensive in Luxembourg than in Panama?

If you lived in Luxembourg, instead of Panama, you would have to pay 2.23 times less for Private Classes.

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Wages and Taxes Cost Comparison

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Indicators
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Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Average Gross Monthly Salary
Image Describing Average Gross Monthly Salary
3,000 EUR
(3,336.30 USD)		1,500 PAB
(1,500 USD)
Average Net Monthly Salary
Image Describing Average Net Monthly Salary
2,400 EUR
(2,669.04 USD)		1,200 PAB
(1,200 USD)
Minimum Wages
Image Describing Minimum Wages
33.33 EUR per hour
(37.07 USD)		20 PAB per hour
(20 USD)
Average Bonus
Image Describing Average Bonus
250 EUR
(278.03 USD)		150 PAB
(150 USD)
Income Tax Rate
Image Describing Income Tax Rate
0 to 17 %0 to 7 %
Social Security Contributions
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Pension Contributions
Image Describing Pension Contributions
6 %10 %
Cost of Living Index
Image Describing Cost of Living Index
7550
Median Household Income
Image Describing Median Household Income
3,500 EUR
(3,892.35 USD)		1,200 PAB
(1,200 USD)

Do people earn more money as salary in Luxembourg than in Panama?

If you lived in Luxembourg, you would earn 2.51 times more salary as compared to Panama.

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Professional Services Cost Comparison

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Indicators
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Pictorial representation of map of luxembourg
Luxembourg
Image illustrating the flag of luxembourg
Pictorial representation of map of panama
Panama
Image illustrating the flag of panama
Legal Consultation Per Hour Rate
Image Describing Legal Consultation Per Hour Rate
200 EUR
(222.42 USD)		100 PAB
(100 USD)
Accounting Services Per Hour Rate
Image Describing Accounting Services Per Hour Rate
120 EUR
(133.45 USD)		80 PAB
(80 USD)
IT Support Services Per Hour Rate
Image Describing IT Support Services Per Hour Rate
90 EUR
(100.09 USD)		80 PAB
(80 USD)
Technician Services Per Hour Rate
Image Describing Technician Services Per Hour Rate
60 EUR
(66.73 USD)		60 PAB
(60 USD)

Professional Services cost 1.63 times more in Luxembourg, as compared to Panama.

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We hope you enjoyed the detailed guide on the cost of living comparsion between Luxembourg and Panama.

For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.

The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.

Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Nauru
Pictorial representation of the map of Nauru
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Djibouti
Pictorial representation of the map of Djibouti
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Chile
Pictorial representation of the map of Chile
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Norway
Pictorial representation of the map of Norway
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Guyana
Pictorial representation of the map of Guyana
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Saint Lucia
Pictorial representation of the map of Saint Lucia
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Equatorial Guinea
Pictorial representation of the map of Equatorial Guinea
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Belarus
Pictorial representation of the map of Belarus
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Netherlands
Pictorial representation of the map of Netherlands
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Cyprus
Pictorial representation of the map of Cyprus
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Kyrgyzstan
Pictorial representation of the map of Kyrgyzstan
Pictorial representation of the map of Luxembourg
Luxembourg
v/s
Republic of the Congo
Pictorial representation of the map of Republic of the Congo