Panama vs Montenegro (Cost of Living)

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

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

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Is housing more expensive in Panama than in Montenegro?

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

Does the utility cost more in Panama than in Montenegro?

If you lived in Panama, instead of Montenegro, you would have to pay 34.88% more for Utilities.

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

The internet and communication costs 47.73% more in Panama compared to Montenegro.

Does the Groceries cost more in Panama than in Montenegro?

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

If you lived in Panama, instead of Montenegro, you would have to pay 15.57% less for Groceries.

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

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

Dining-Out costs 5.02% more in Panama compared to Montenegro.

Are Drinks more expensive in Panama than in Montenegro?

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

Is Transportation more expensive in Panama than in Montenegro?

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

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

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

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

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

Does Personal Care cost more in Panama than in Montenegro?

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

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

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

Does Childcare Care cost more in Panama than in Montenegro?

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

Does Schooling cost more in Panama than in Montenegro?

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

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

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

Are Private Classes more expensive in Panama than in Montenegro?

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

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

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

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