Published: Monday, 21th October 2024
The cost of living in Zambia is 3.25 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Zambia 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 Zambia and Panama.
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Indicators | Zambia | Panama |
---|---|---|
1 BHK Apartment in City Center | 7,000 ZMW (322 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 12,000 ZMW (552 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 18,000 ZMW (828 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 4,500 ZMW (207 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 8,000 ZMW (368 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 12,000 ZMW (552 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 8 % | 1.3 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | 0.1 to 0.3 % | 0.6 to 1.0 % |
The average housing cost in Zambia is 3.59 times less expensive than Panama.
Indicators | Zambia | Panama |
---|---|---|
Basic Home Furnishing | 15,000 ZMW (690 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 400 ZMW (18.40 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 300 ZMW (13.80 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 200 ZMW (9.20 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 250 ZMW (11.50 USD) | 60 PAB (60 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 78.09% less for Utilities.
The basic home furnishing in Zambia costs 4.35 times less compared to Panama.
Indicators | Zambia | Panama |
---|---|---|
Standard Wifi Cost Per Month | 600 ZMW (27.60 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 300 ZMW (13.80 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 200 ZMW (9.20 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 500 ZMW (23 USD) | 80 PAB (80 USD) |
The internet and communication costs 68.00% less in Zambia compared to Panama.
Indicators | Zambia | Panama |
---|---|---|
Long Grain Rice (1 KG) | 35 ZMW (1.61 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 15 ZMW (0.69 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 10 ZMW (0.46 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 10 ZMW (0.46 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 25 ZMW (1.15 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 80 ZMW (3.68 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 60 ZMW (2.76 USD) | 7 PAB (7 USD) |
In Zambia, the cost of 1 Liter Water and 1 Liter Milk is 1.74 times less expensive than the cost in Panama.
If you lived in Zambia, instead of Panama, you would have to pay 45.95% less for Groceries.
Indicators | Zambia | Panama |
---|---|---|
Apples (1 KG) | 50 ZMW (2.30 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 25 ZMW (1.15 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 30 ZMW (1.38 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 20 ZMW (0.92 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 15 ZMW (0.69 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 50 ZMW (2.30 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 25 ZMW (1.15 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 40 ZMW (1.84 USD) | 2.50 PAB (2.50 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 1.36 times less for Fruits and Vegetables.
Indicators | Zambia | Panama |
---|---|---|
Meal at a Resonable Restaurant | 70 ZMW (3.22 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 300 ZMW (13.80 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 40 ZMW (1.84 USD) | 6 PAB (6 USD) |
Normal Coffee | 20 ZMW (0.92 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 10 ZMW (0.46 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 100 ZMW (4.60 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 60 ZMW (2.76 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 30 ZMW (1.38 USD) | 6 PAB (6 USD) |
Dining-Out costs 63.77% less in Zambia compared to Panama.
Indicators | Zambia | Panama |
---|---|---|
Wine Mid-Range Bottle | 200 ZMW (9.20 USD) | 15 PAB (15 USD) |
Glass of Wine | 100 ZMW (4.60 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 20 ZMW (0.92 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 30 ZMW (1.38 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 120 ZMW (5.52 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 200 ZMW (9.20 USD) | 25 PAB (25 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 2.19 times less for usual hard drinks.
Indicators | Zambia | Panama |
---|---|---|
Monthly Public Transportation Pass | 300 ZMW (13.80 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 10 ZMW (0.46 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 1,500 ZMW (69 USD) | 100 PAB (100 USD) |
Taxi Start Fare | 20 ZMW (0.92 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 5 ZMW (0.23 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 400 ZMW (18.40 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 10 ZMW (0.46 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 5 ZMW (0.23 USD) | 1 PAB (1 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 1.83 times less for transportation.
Indicators | Zambia | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 100,000 ZMW (4,600 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 500 ZMW (23 USD) | 80 PAB (80 USD) |
Driving License Fees | 200 ZMW (9.20 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 1,000 ZMW (46 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 400 ZMW (18.40 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 8 % | 6 % |
Fuel Per Liter | 15 ZMW (0.69 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 60 ZMW (2.76 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | Yet to Update | 5 PAB 5 USD |
You would have to pay 3.34 times less for Vehicle purchase, daily operation and maintenance in Zambia compared to that of Panama.
Indicators | Zambia | Panama |
---|---|---|
Doctor Visit | 200 ZMW (9.20 USD) | 50 PAB (50 USD) |
Specialist Visit | 500 ZMW (23 USD) | 100 PAB (100 USD) |
Dentist Visit | 300 ZMW (13.80 USD) | 70 PAB (70 USD) |
Eye Exam | 100 ZMW (4.60 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 300 ZMW (13.80 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 100 ZMW (4.60 USD) | 50 PAB (50 USD) |
Physical Therapy | 200 ZMW (9.20 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 1,000 ZMW (46 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 800 ZMW (36.80 USD) | 150 PAB (150 USD) |
Vaccinations | 100 ZMW (4.60 USD) | 30 PAB (30 USD) |
Prescription Medication | 50 ZMW (2.30 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 20 ZMW (0.92 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 1,000 ZMW (46 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | 500 ZMW (23 USD) | 75 PAB (75 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 5.17 times less for Health and Medical Treatment.
Indicators | Zambia | Panama |
---|---|---|
Cosmetic Procedures | 1,000 ZMW (46 USD) | 200 PAB (200 USD) |
Spa Treatment | 500 ZMW (23 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 100 ZMW (4.60 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 200 ZMW (9.20 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 150 ZMW (6.90 USD) | 40 PAB (40 USD) |
Haircuts | 50 ZMW (2.30 USD) | 15 PAB (15 USD) |
Hair Coloring | 150 ZMW (6.90 USD) | 40 PAB (40 USD) |
Shampoo Price | 30 ZMW (1.38 USD) | 5 PAB (5 USD) |
Toothpaste Price | 10 ZMW (0.46 USD) | 2 PAB (2 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 4.83 times less for Personal Care Items and Treatment.
Indicators | Zambia | Panama |
---|---|---|
Pair of Nike Running Shoes | 700 ZMW (32.20 USD) | 80 PAB (80 USD) |
Men's Shirt | 150 ZMW (6.90 USD) | 25 PAB (25 USD) |
Women's Dress | 500 ZMW (23 USD) | 40 PAB (40 USD) |
Summer Dress | 300 ZMW (13.80 USD) | 30 PAB (30 USD) |
Men's Suit | 2,000 ZMW (92 USD) | 100 PAB (100 USD) |
Men's Jeans | 300 ZMW (13.80 USD) | 40 PAB (40 USD) |
Women's Jeans | 300 ZMW (13.80 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 500 ZMW (23 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 500 ZMW (23 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 400 ZMW (18.40 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 400 ZMW (18.40 USD) | 50 PAB (50 USD) |
Underwear For Men | 50 ZMW (2.30 USD) | 8 PAB (8 USD) |
Underwear For Women | 50 ZMW (2.30 USD) | 12 PAB (12 USD) |
Socks For Men | 20 ZMW (0.92 USD) | 3 PAB (3 USD) |
Socks For Women | 20 ZMW (0.92 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 500 ZMW (23 USD) | 80 PAB (80 USD) |
Sportswear | 300 ZMW (13.80 USD) | 40 PAB (40 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 2.34 times less for Clothing and Footwear for Adults.
Indicators | Zambia | Panama |
---|---|---|
Children's Jeans | 150 ZMW (6.90 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 200 ZMW (9.20 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 300 ZMW (13.80 USD) | 40 PAB (40 USD) |
Daycare for Infant | 1,500 ZMW (69 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 2,000 ZMW (92 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 500 ZMW (23 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 800 ZMW (36.80 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 500 ZMW (23 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 1,000 ZMW (46 USD) | 150 PAB (150 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 2.72 times less for Childcare and kids clothing.
Indicators | Zambia | Panama |
---|---|---|
PreSchool Fees | 2,500 ZMW (115 USD) | 250 PAB (250 USD) |
Primary School Fees | 5,000 ZMW (230 USD) | 400 PAB (400 USD) |
Secondary School Fees | 7,000 ZMW (322 USD) | 600 PAB (600 USD) |
Private School Fees | 10,000 ZMW (460 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 25,000 ZMW (1,150 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 35,000 ZMW (1,610 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 500 ZMW (23 USD) | 75 PAB (75 USD) |
Special Education Services | 800 ZMW (36.80 USD) | 200 PAB (200 USD) |
Tutoring | 200 ZMW (9.20 USD) | 30 PAB (30 USD) |
Textbooks Cost | 200 ZMW (9.20 USD) | 50 PAB (50 USD) |
School Supplies | 100 ZMW (4.60 USD) | 30 PAB (30 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 2.18 times less for school and education.
Indicators | Zambia | Panama |
---|---|---|
Movie Ticket (Single) | 50 ZMW (2.30 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 100 ZMW (4.60 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 150 ZMW (6.90 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 100 ZMW (4.60 USD) | 15 PAB (15 USD) |
Gym Membership | 400 ZMW (18.40 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 150 ZMW (6.90 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 50 ZMW (2.30 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 30 ZMW (1.38 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 100 ZMW (4.60 USD) | 20 PAB (20 USD) |
Bowling | 80 ZMW (3.68 USD) | 15 PAB (15 USD) |
Mini Golf | 50 ZMW (2.30 USD) | 12 PAB (12 USD) |
Video Games | 500 ZMW (23 USD) | 40 PAB (40 USD) |
Streaming Services | 200 ZMW (9.20 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 80 ZMW (3.68 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 1,000 ZMW (46 USD) | 500 PAB (500 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 5.45 times less for entertainment, recreation and fun activities.
Indicators | Zambia | Panama |
---|---|---|
Language Classes | 500 ZMW (23 USD) | 150 PAB (150 USD) |
Parenting Classes | 500 ZMW (23 USD) | 150 PAB (150 USD) |
Art Classes | 100 ZMW (4.60 USD) | 25 PAB (25 USD) |
Fitness Classes | 60 ZMW (2.76 USD) | 25 PAB (25 USD) |
Music Lessons | 200 ZMW (9.20 USD) | 30 PAB (30 USD) |
Dance Lessons | 200 ZMW (9.20 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 50 ZMW (2.30 USD) | 8 PAB (8 USD) |
Educational Software | 400 ZMW (18.40 USD) | 150 PAB (150 USD) |
If you lived in Zambia, instead of Panama, you would have to pay 6.14 times less for Private Classes.
Indicators | Zambia | Panama |
---|---|---|
Average Gross Monthly Salary | 7,000 ZMW (322 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 5,000 ZMW (230 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 100 ZMW per hour (4.60 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 1,000 ZMW (46 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 16 % | 0 to 7 % |
Social Security Contributions | 5 % | 9 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 40 | 50 |
Median Household Income | 6,000 ZMW (276 USD) | 1,200 PAB (1,200 USD) |
If you lived in Zambia, you would earn 4.63 times less salary as compared to Panama.
Indicators | Zambia | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 300 ZMW (13.80 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 250 ZMW (11.50 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 200 ZMW (9.20 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 250 ZMW (11.50 USD) | 60 PAB (60 USD) |
Professional Services cost 6.96 times less in Zambia, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Zambia and Panama.
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