Panama City vs Lisbon

Cost of living comparison for 2026. Panama City is roughly 18% more affordable than Lisbon (index 30 vs 36, New York = 100). Data sourced live via AI — updated regularly.

Panama City
More affordable overall
18% cheaper than Lisbon · Cost index: 30 vs 36

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

30Cost Index36
650Median Income /mo1,460
62Safety Index78
15Income Tax %25
95Internet (Mbps)176
380Coworking /mo220

Price Breakdown

Panama CityCategoryLisbon
$1,260/month
1-BR Apartment (Center)
9% cheaper →
$1,380/month
$1.1/liter
Meal for One
23% ← cheaper
$0.85/liter
$12/meal
Restaurant (Mid-range)
$12/meal
$21/month
Monthly Transit Pass
48% cheaper →
$40/month
$135/month
Utilities (Monthly)
7% cheaper →
$145/month
$60/visit
Doctor Visit
$60/visit

Digital Nomad Profile

Panama City

Internet95 Mbps
Coworking$380/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability72/100

Lisbon

Internet176 Mbps
Coworking$220/mo
Café WiFigood
Englishhigh
Communitylarge
Walkability78/100

Frequently Asked Questions

Is Panama City cheaper than Lisbon?

Panama City is cheaper than Lisbon. Panama City has a cost of living index of 30/100 compared to 36/100 for Lisbon (New York = 100), making it roughly 18% more affordable overall.

How much cheaper is Panama City than Lisbon?

Panama City is approximately 18% cheaper than Lisbon based on cost index scores (30 vs 36, where New York = 100). A person spending $3,000/month in Lisbon could live a similar lifestyle for roughly $2,446/month in Panama City.

What is the rent comparison between Panama City and Lisbon?

In Panama City, a 1-bedroom apartment in the city center costs approximately $1,260/month. In Lisbon, the equivalent is around $1,380/month.

Which city is better for digital nomads — Panama City or Lisbon?

Both cities have nomad infrastructure. Panama City offers 95 Mbps internet and coworking at ~$380/month. Lisbon offers 176 Mbps and coworking at ~$220/month. Panama City has a cost advantage of 18%.

What is the average income in Panama City vs Lisbon?

The median net monthly salary in Panama City is approximately $650 USD, compared to $1,460 USD in Lisbon.

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