Cost of living comparison
Panama is 66.5% more expensive than Argentina.
If you lived in Panama instead of Argentina, you would:
pay 28.6% more for restaurants
Argentina
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.30
ARS6,436.34
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$5.48
ARS4,831.66
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.16
ARS1,021.68
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$0.90
ARS796.77
|
$1.16
PAB1.16
|
|
pay 92.3% more for groceries
Argentina
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.28
ARS1,131.48
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$3.38
ARS2,978.35
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$3.48
ARS3,070.26
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$1.56
ARS1,379.53
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$2.03
ARS1,790.46
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$0.77
ARS681.81
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$0.69
ARS611.65
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$0.55
ARS485.58
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$0.65
ARS572.38
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$0.36
ARS314.95
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.36
ARS314.81
|
$0.95
PAB0.95
|
|
pay 24.9% more for transportation
Argentina
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.48
ARS3,070.14
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$18.58
ARS16,380.66
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,409.10
ARS21,521,268.73
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$8.41
ARS7,415.14
|
$14.78
PAB14.78
|
|
pay 2.4 times more for housing
Argentina
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$18.92
ARS16,677.57
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$254.53
ARS224,414.54
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$191.20
ARS168,583.35
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.37
ARS32,071.14
|
$65.23
PAB65.23
|
|
pay 93.6% more for childcare
Argentina
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$144.96
ARS127,809.94
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$3,988.68
ARS3,516,776.49
|
$6,443.94
PAB6,443.94
|
|
pay 2.1 times more for entertainment and sports
Argentina
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.79
ARS1,581.45
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$1.85
ARS1,627.32
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$1.92
ARS1,693.14
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$19.65
ARS17,324.95
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$4.34
ARS3,828.51
|
$5.75
PAB5.75
|
|
pay 26.2% less for clothing
Argentina
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$59.90
ARS52,817.43
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$54.50
ARS48,052.02
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$106.78
ARS94,144.85
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$91.91
ARS81,038.54
|
$78.30
PAB78.30
|
|
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