Panama vs Venezuela (Cost of Living)

The cost of living in Panama is 1227.70 times more expensive as compared to Venezuela.

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

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 Venezuela?

The average housing cost in Panama is 507.68 times more expensive than Venezuela.

Does the utility cost more in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 508909.01% more for Utilities.

The basic home furnishing in Panama costs 5000.00 times more compared to Venezuela.

The internet and communication costs 306566.67% more in Panama compared to Venezuela.

Does the Groceries cost more in Panama than in Venezuela?

In Panama, the cost of 1 Liter Water and 1 Liter Milk is 444.44 times more expensive than the cost in Venezuela.

If you lived in Panama, instead of Venezuela, you would have to pay 71584.59% more for Groceries.

If you lived in Panama, instead of Venezuela, you would have to pay 561.40 times more for Fruits and Vegetables.

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

Dining-Out costs 86762.11% more in Panama compared to Venezuela.

Are Drinks more expensive in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 1250.00 times more for usual hard drinks.

Is Transportation more expensive in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 1326.32 times more for transportation.

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

You would have to pay 1660.39 times more for Vehicle purchase, daily operation and maintenance in Panama compared to that of Venezuela.

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

If you lived in Panama, instead of Venezuela, you would have to pay 3744.29 times more for Health and Medical Treatment.

Does Personal Care cost more in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 2208.62 times more for Personal Care Items and Treatment.

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

If you lived in Panama, instead of Venezuela, you would have to pay 1452.05 times more for Clothing and Footwear for Adults.

Does Childcare Care cost more in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 2116.79 times more for Childcare and kids clothing.

Does Schooling cost more in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 3699.66 times more for school and education.

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

If you lived in Panama, instead of Venezuela, you would have to pay 3041.92 times more for entertainment, recreation and fun activities.

Are Private Classes more expensive in Panama than in Venezuela?

If you lived in Panama, instead of Venezuela, you would have to pay 4254.68 times more for Private Classes.

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

If you lived in Panama, you would earn 1038.27 times more salary as compared to Venezuela.

Professional Services cost 2370.37 times more in Panama, as compared to Venezuela.