Cost of living comparison
Panama City is 2.5 times more expensive than Accra.
If you lived in Panama City instead of Accra, you would:
pay 2.9 times more for restaurants
Accra
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.99
GHS56.81
|
$12.00
PAB12.00
|
|
Fast food combo meal
McDonalds, or similar
|
$6.67
GHS94.95
|
$8.25
PAB8.25
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.70
GHS9.90
|
$1.76
PAB1.76
|
|
Bottle of water (11 fl. oz) |
$0.27
GHS3.82
|
$1.33
PAB1.33
|
|
pay 22.8% more for groceries
Accra
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$1.59
GHS22.55
|
$2.40
PAB2.40
|
|
Local cheese (8 oz) |
$3.57
GHS50.74
|
$5.44
PAB5.44
|
|
Milk (1 gallon) |
$10.22
GHS145.34
|
$6.66
PAB6.66
|
|
Eggs
1 dozen
|
$2.41
GHS34.34
|
$2.54
PAB2.54
|
|
Boneless chicken breast (1 lb) |
$2.09
GHS29.78
|
$3.39
PAB3.39
|
|
Apples (1 lb) |
$1.15
GHS16.37
|
$1.40
PAB1.40
|
|
Bananas (1 lb) |
$0.59
GHS8.35
|
$0.62
PAB0.62
|
|
Oranges (1 lb) |
$0.73
GHS10.42
|
$1.30
PAB1.30
|
|
Tomatoes (1 lb) |
$1.15
GHS16.34
|
$1.41
PAB1.41
|
|
Potatoes (1 lb) |
$1.11
GHS15.76
|
$0.94
PAB0.94
|
|
Onions (1 lb) |
$0.95
GHS13.48
|
$0.97
PAB0.97
|
|
pay 33.4% more for transportation
Accra
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.34
GHS61.78
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$35.97
GHS511.61
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$8,310.68
GHS118,220.60
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$12.58
GHS178.95
|
$14.00
PAB14.00
|
|
pay 2.9 times more for housing
Accra
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$45.95
GHS653.71
|
$51.82
PAB51.82
|
|
1-Bedroom apartment in downtown area |
$428.99
GHS6,102.43
|
$925.91
PAB925.91
|
|
1-Bedroom apartment outside city center |
$95.80
GHS1,362.73
|
$598.61
PAB598.61
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$43.81
GHS623.16
|
$86.14
PAB86.14
|
|
pay 4.3 times more for childcare
Accra
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$59.09
GHS840.62
|
$408.12
PAB408.12
|
|
Middle school for 1 child, two semesters |
$5,489.48
GHS78,088.64
|
$9,675.75
PAB9,675.75
|
|
pay 82.1% more for entertainment and sports
Accra
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.20
GHS17.07
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$2.52
GHS35.80
|
$3.70
PAB3.70
|
|
Pack of cigarettes
Marlboro or similar
|
$1.60
GHS22.77
|
$5.75
PAB5.75
|
|
Monthly membership at local gym |
$35.44
GHS504.21
|
$40.93
PAB40.93
|
|
Movie ticket to theater/cinema |
$8.70
GHS123.79
|
$7.00
PAB7.00
|
|
pay 2.7 times more for clothing
Accra
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$15.66
GHS222.73
|
$53.94
PAB53.94
|
|
Regular dress
from H&M or similar store
|
$18.59
GHS264.47
|
$40.79
PAB40.79
|
|
Running shoes
Nike or Adidas
|
$32.46
GHS461.73
|
$82.58
PAB82.58
|
|
Men's business shoes (leather) |
$33.24
GHS472.88
|
$92.86
PAB92.86
|
|
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