Panama City vs Lisbon

Cost of living comparison for 2026. Lisbon is roughly 9% more affordable than Panama City (index 28 vs 31, New York = 100). Data sourced live via AI — updated regularly.

Lisbon
More affordable overall
9% cheaper than Panama City · Cost index: 28 vs 31

Life Power at $3,000/mo

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

Head-to-Head Stats

31Cost Index28✓
1,300Median Income /mo1,750✓
60Safety Index71✓
15✓Income Tax %23
75Internet (Mbps)175✓
200Coworking /mo200

Price Breakdown

Panama CityCategoryLisbon
$1,320/month
1-BR Apartment (Center)
3% cheaper →
$1,360/month
$1/liter
Meal for One
9% cheaper →
$1.1/liter
$12/meal
Restaurant (Mid-range)
$12/meal
$21/month
Monthly Transit Pass
45% cheaper →
$38/month
$124/month
Utilities (Monthly)
14% cheaper →
$145/month
$40/visit
Doctor Visit
33% cheaper →
$60/visit

Digital Nomad Profile

Panama City

Internet75 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability55/100

Lisbon

Internet175 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitylarge
Walkability72/100

Frequently Asked Questions

Is Panama City cheaper than Lisbon?

Lisbon is cheaper than Panama City. Lisbon has a cost of living index of 28/100 compared to 31/100 for Panama City (New York = 100), making it roughly 9% more affordable overall.

How much cheaper is Lisbon than Panama City?

Lisbon is approximately 9% cheaper than Panama City based on cost index scores (28 vs 31, where New York = 100). A person spending $3,000/month in Panama City could live a similar lifestyle for roughly $2,727/month in Lisbon.

What is the rent comparison between Panama City and Lisbon?

In Panama City, a 1-bedroom apartment in the city center costs approximately $1,320/month. In Lisbon, the equivalent is around $1,360/month.

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

Both cities have nomad infrastructure. Panama City offers 75 Mbps internet and coworking at ~$200/month. Lisbon offers 175 Mbps and coworking at ~$200/month. Lisbon has a cost advantage of 9%.

What is the average income in Panama City vs Lisbon?

The median net monthly salary in Panama City is approximately $1,300 USD, compared to $1,750 USD in Lisbon.

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