Published: Monday, 21th October 2024
The cost of living in San Marino is 1.44 times more expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between San Marino 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 San Marino and Panama.
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Indicators | San Marino | Panama |
---|---|---|
1 BHK Apartment in City Center | 1,200 EUR (1,334.52 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 1,800 EUR (2,001.78 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 2,500 EUR (2,780.25 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 800 EUR (889.68 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 1,200 EUR (1,334.52 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 1,600 EUR (1,779.36 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 1.2 % | 1.3 % |
Realtor Commission | 2 % | 5 % |
Property Taxes | Yet to Update | 0.6 to 1.0 % |
The average housing cost in San Marino is 1.02 times more expensive than Panama.
Indicators | San Marino | Panama |
---|---|---|
Basic Home Furnishing | 3,000 EUR (3,336.30 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 100 EUR (111.21 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 150 EUR (166.82 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 120 EUR (133.45 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 50 EUR (55.61 USD) | 60 PAB (60 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 12.19% more for Utilities.
The basic home furnishing in San Marino costs 1.11 times more compared to Panama.
Indicators | San Marino | Panama |
---|---|---|
Standard Wifi Cost Per Month | 60 EUR (66.73 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 40 EUR (44.48 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 30 EUR (33.36 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 70 EUR (77.85 USD) | 80 PAB (80 USD) |
The internet and communication costs 3.30% less in San Marino compared to Panama.
Indicators | San Marino | Panama |
---|---|---|
Long Grain Rice (1 KG) | 2.50 EUR (2.78 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 1.20 EUR (1.33 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 0.50 EUR (0.56 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 1.50 EUR (1.67 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 2 EUR (2.22 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 6 EUR (6.67 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 8 EUR (8.90 USD) | 7 PAB (7 USD) |
In San Marino, the cost of 1 Liter Water and 1 Liter Milk is 1.06 times less expensive than the cost in Panama.
If you lived in San Marino, instead of Panama, you would have to pay 20.66% more for Groceries.
Indicators | San Marino | Panama |
---|---|---|
Apples (1 KG) | 2.50 EUR (2.78 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 2 EUR (2.22 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 2.50 EUR (2.78 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 2 EUR (2.22 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 1.50 EUR (1.67 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 3 EUR (3.34 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 2 EUR (2.22 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 3 EUR (3.34 USD) | 2.50 PAB (2.50 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.29 times more for Fruits and Vegetables.
Indicators | San Marino | Panama |
---|---|---|
Meal at a Resonable Restaurant | 15 EUR (16.68 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 40 EUR (44.48 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 8 EUR (8.90 USD) | 6 PAB (6 USD) |
Normal Coffee | 2 EUR (2.22 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 1.50 EUR (1.67 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 10 EUR (11.12 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 12 EUR (13.35 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 6 EUR (6.67 USD) | 6 PAB (6 USD) |
Dining-Out costs 31.37% more in San Marino compared to Panama.
Indicators | San Marino | Panama |
---|---|---|
Wine Mid-Range Bottle | 8 EUR (8.90 USD) | 15 PAB (15 USD) |
Glass of Wine | 4 EUR (4.45 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 2 EUR (2.22 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 3 EUR (3.34 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 10 EUR (11.12 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 15 EUR (16.68 USD) | 25 PAB (25 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.45 times less for usual hard drinks.
Indicators | San Marino | Panama |
---|---|---|
Monthly Public Transportation Pass | 70 EUR (77.85 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 1.50 EUR (1.67 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 100 EUR (111.21 USD) | 100 PAB (100 USD) |
Taxi Start Fare | 3 EUR (3.34 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 1 EUR (1.11 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 40 EUR (44.48 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 2 EUR (2.22 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 1 EUR (1.11 USD) | 1 PAB (1 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.29 times more for transportation.
Indicators | San Marino | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000 EUR (22,242 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 200 EUR (222.42 USD) | 80 PAB (80 USD) |
Driving License Fees | 50 EUR (55.61 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 500 EUR (556.05 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 100 EUR (111.21 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 5 % | 6 % |
Fuel Per Liter | 1.60 EUR (1.78 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 6 EUR (6.67 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | Yet to Update | 5 PAB 5 USD |
You would have to pay 1.48 times more for Vehicle purchase, daily operation and maintenance in San Marino compared to that of Panama.
Indicators | San Marino | Panama |
---|---|---|
Doctor Visit | 50 EUR (55.61 USD) | 50 PAB (50 USD) |
Specialist Visit | 80 EUR (88.97 USD) | 100 PAB (100 USD) |
Dentist Visit | 60 EUR (66.73 USD) | 70 PAB (70 USD) |
Eye Exam | 30 EUR (33.36 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 60 EUR (66.73 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 50 EUR (55.61 USD) | 50 PAB (50 USD) |
Physical Therapy | 50 EUR (55.61 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 200 EUR (222.42 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 120 EUR (133.45 USD) | 150 PAB (150 USD) |
Vaccinations | 30 EUR (33.36 USD) | 30 PAB (30 USD) |
Prescription Medication | 20 EUR (22.24 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 10 EUR (11.12 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 150 EUR (166.82 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | 100 EUR (111.21 USD) | 75 PAB (75 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.10 times less for Health and Medical Treatment.
Indicators | San Marino | Panama |
---|---|---|
Cosmetic Procedures | 200 EUR (222.42 USD) | 200 PAB (200 USD) |
Spa Treatment | 100 EUR (111.21 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 30 EUR (33.36 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 100 EUR (111.21 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 60 EUR (66.73 USD) | 40 PAB (40 USD) |
Haircuts | 20 EUR (22.24 USD) | 15 PAB (15 USD) |
Hair Coloring | 50 EUR (55.61 USD) | 40 PAB (40 USD) |
Shampoo Price | 2 EUR (2.22 USD) | 5 PAB (5 USD) |
Toothpaste Price | 1 EUR (1.11 USD) | 2 PAB (2 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.29 times more for Personal Care Items and Treatment.
Indicators | San Marino | Panama |
---|---|---|
Pair of Nike Running Shoes | 100 EUR (111.21 USD) | 80 PAB (80 USD) |
Men's Shirt | 40 EUR (44.48 USD) | 25 PAB (25 USD) |
Women's Dress | 80 EUR (88.97 USD) | 40 PAB (40 USD) |
Summer Dress | 60 EUR (66.73 USD) | 30 PAB (30 USD) |
Men's Suit | 400 EUR (444.84 USD) | 100 PAB (100 USD) |
Men's Jeans | 70 EUR (77.85 USD) | 40 PAB (40 USD) |
Women's Jeans | 70 EUR (77.85 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 80 EUR (88.97 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 70 EUR (77.85 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 60 EUR (66.73 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 50 EUR (55.61 USD) | 50 PAB (50 USD) |
Underwear For Men | 10 EUR (11.12 USD) | 8 PAB (8 USD) |
Underwear For Women | 15 EUR (16.68 USD) | 12 PAB (12 USD) |
Socks For Men | 5 EUR (5.56 USD) | 3 PAB (3 USD) |
Socks For Women | 5 EUR (5.56 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 100 EUR (111.21 USD) | 80 PAB (80 USD) |
Sportswear | 50 EUR (55.61 USD) | 40 PAB (40 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.87 times more for Clothing and Footwear for Adults.
Indicators | San Marino | Panama |
---|---|---|
Children's Jeans | 30 EUR (33.36 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 40 EUR (44.48 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 60 EUR (66.73 USD) | 40 PAB (40 USD) |
Daycare for Infant | 800 EUR (889.68 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 600 EUR (667.26 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 50 EUR (55.61 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 300 EUR (333.63 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 200 EUR (222.42 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 300 EUR (333.63 USD) | 150 PAB (150 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 3.04 times more for Childcare and kids clothing.
Indicators | San Marino | Panama |
---|---|---|
PreSchool Fees | 1,000 EUR (1,112.10 USD) | 250 PAB (250 USD) |
Primary School Fees | 1,200 EUR (1,334.52 USD) | 400 PAB (400 USD) |
Secondary School Fees | 1,500 EUR (1,668.15 USD) | 600 PAB (600 USD) |
Private School Fees | 2,000 EUR (2,224.20 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 2,500 EUR (2,780.25 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 3,000 EUR (3,336.30 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 100 EUR (111.21 USD) | 75 PAB (75 USD) |
Special Education Services | 300 EUR (333.63 USD) | 200 PAB (200 USD) |
Tutoring | 80 EUR (88.97 USD) | 30 PAB (30 USD) |
Textbooks Cost | 100 EUR (111.21 USD) | 50 PAB (50 USD) |
School Supplies | 50 EUR (55.61 USD) | 30 PAB (30 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.52 times more for school and education.
Indicators | San Marino | Panama |
---|---|---|
Movie Ticket (Single) | 8 EUR (8.90 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 15 EUR (16.68 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 25 EUR (27.80 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 30 EUR (33.36 USD) | 15 PAB (15 USD) |
Gym Membership | 60 EUR (66.73 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 30 EUR (33.36 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 8 EUR (8.90 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 10 EUR (11.12 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 20 EUR (22.24 USD) | 20 PAB (20 USD) |
Bowling | 10 EUR (11.12 USD) | 15 PAB (15 USD) |
Mini Golf | 10 EUR (11.12 USD) | 12 PAB (12 USD) |
Video Games | 50 EUR (55.61 USD) | 40 PAB (40 USD) |
Streaming Services | 10 EUR (11.12 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 20 EUR (22.24 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 200 EUR (222.42 USD) | 500 PAB (500 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.35 times less for entertainment, recreation and fun activities.
Indicators | San Marino | Panama |
---|---|---|
Language Classes | 250 EUR (278.03 USD) | 150 PAB (150 USD) |
Parenting Classes | 200 EUR (222.42 USD) | 150 PAB (150 USD) |
Art Classes | 30 EUR (33.36 USD) | 25 PAB (25 USD) |
Fitness Classes | 15 EUR (16.68 USD) | 25 PAB (25 USD) |
Music Lessons | 40 EUR (44.48 USD) | 30 PAB (30 USD) |
Dance Lessons | 40 EUR (44.48 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 10 EUR (11.12 USD) | 8 PAB (8 USD) |
Educational Software | 150 EUR (166.82 USD) | 150 PAB (150 USD) |
If you lived in San Marino, instead of Panama, you would have to pay 1.44 times more for Private Classes.
Indicators | San Marino | Panama |
---|---|---|
Average Gross Monthly Salary | 3,000 EUR (3,336.30 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 2,000 EUR (2,224.20 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 40 EUR per hour (44.48 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 1,000 EUR (1,112.10 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 22 % | 0 to 7 % |
Social Security Contributions | 7 % | 9 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 60 | 50 |
Median Household Income | 2,000 EUR (2,224.20 USD) | 1,200 PAB (1,200 USD) |
If you lived in San Marino, you would earn 2.20 times more salary as compared to Panama.
Indicators | San Marino | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 150 EUR (166.82 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 120 EUR (133.45 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 100 EUR (111.21 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 90 EUR (100.09 USD) | 60 PAB (60 USD) |
Professional Services cost 1.60 times more in San Marino, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between San Marino and Panama.
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