Montenegro vs Panama (Cost of Living)

The cost of living in Montenegro is 1.16 times less expensive as compared to Panama.

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

Is housing more expensive in Montenegro than in Panama?

The average housing cost in Montenegro is 2.94 times less expensive than Panama.

Does the utility cost more in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 25.86% less for Utilities.

The basic home furnishing in Montenegro costs 1.35 times less compared to Panama.

The internet and communication costs 32.31% less in Montenegro compared to Panama.

Does the Groceries cost more in Montenegro than in Panama?

In Montenegro, the cost of 1 Liter Water and 1 Liter Milk is 1.00 times more expensive than the cost in Panama.

If you lived in Montenegro, instead of Panama, you would have to pay 18.44% more for Groceries.

If you lived in Montenegro, instead of Panama, you would have to pay 1.25 times more for Fruits and Vegetables.

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

Dining-Out costs 4.78% less in Montenegro compared to Panama.

Are Drinks more expensive in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 1.45 times less for usual hard drinks.

Is Transportation more expensive in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 2.57 times less for transportation.

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

You would have to pay 1.11 times more for Vehicle purchase, daily operation and maintenance in Montenegro compared to that of Panama.

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

If you lived in Montenegro, instead of Panama, you would have to pay 1.22 times less for Health and Medical Treatment.

Does Personal Care cost more in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 1.04 times more for Personal Care Items and Treatment.

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

If you lived in Montenegro, instead of Panama, you would have to pay 1.49 times more for Clothing and Footwear for Adults.

Does Childcare Care cost more in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 1.16 times more for Childcare and kids clothing.

Does Schooling cost more in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 1.06 times more for school and education.

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

If you lived in Montenegro, instead of Panama, you would have to pay 1.30 times less for entertainment, recreation and fun activities.

Are Private Classes more expensive in Montenegro than in Panama?

If you lived in Montenegro, instead of Panama, you would have to pay 1.73 times less for Private Classes.

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

If you lived in Montenegro, you would earn 1.18 times less salary as compared to Panama.

Professional Services cost 5.05 times less in Montenegro, as compared to Panama.