Panama vs Ecuador (Cost of Living)

The cost of living in Panama is 1.23 times more expensive as compared to Ecuador.

On this page, you will find side-by-side cost comparison between Panama and Ecuador. 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 Panama and Ecuador.

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 Panama than in Ecuador?

The average housing cost in Panama is 2.68 times more expensive than Ecuador.

Does the utility cost more in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 55.86% more for Utilities.

The basic home furnishing in Panama costs 1.50 times more compared to Ecuador.

The internet and communication costs 142.11% more in Panama compared to Ecuador.

Does the Groceries cost more in Panama than in Ecuador?

In Panama, the cost of 1 Liter Water and 1 Liter Milk is 1.25 times more expensive than the cost in Ecuador.

If you lived in Panama, instead of Ecuador, you would have to pay 3.09% more for Groceries.

If you lived in Panama, instead of Ecuador, you would have to pay 1.05 times more for Fruits and Vegetables.

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

Dining-Out costs 31.80% more in Panama compared to Ecuador.

Are Drinks more expensive in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 1.53 times more for usual hard drinks.

Is Transportation more expensive in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 1.06 times less for transportation.

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

You would have to pay 1.32 times less for Vehicle purchase, daily operation and maintenance in Panama compared to that of Ecuador.

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

If you lived in Panama, instead of Ecuador, you would have to pay 1.67 times more for Health and Medical Treatment.

Does Personal Care cost more in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 1.52 times more for Personal Care Items and Treatment.

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

If you lived in Panama, instead of Ecuador, you would have to pay 1.08 times less for Clothing and Footwear for Adults.

Does Childcare Care cost more in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 1.03 times more for Childcare and kids clothing.

Does Schooling cost more in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 1.86 times more for school and education.

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

If you lived in Panama, instead of Ecuador, you would have to pay 1.72 times more for entertainment, recreation and fun activities.

Are Private Classes more expensive in Panama than in Ecuador?

If you lived in Panama, instead of Ecuador, you would have to pay 2.43 times more for Private Classes.

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

If you lived in Panama, you would earn 1.31 times more salary as compared to Ecuador.

Professional Services cost 1.64 times more in Panama, as compared to Ecuador.