Cost of living comparison
Panama City is 4.5 times more expensive than Colombo.
If you lived in Panama City instead of Colombo, you would:
pay 2.7 times more for restaurants
Colombo
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.32
LKR1,008.24
|
$12.00
PAB12.00
|
|
Fast food combo meal
McDonalds, or similar
|
$6.65
LKR2,016.47
|
$8.25
PAB8.25
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.69
LKR207.91
|
$1.76
PAB1.76
|
|
Bottle of water (11 fl. oz) |
$0.37
LKR113.43
|
$1.33
PAB1.33
|
|
pay 52.2% more for groceries
Colombo
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$0.61
LKR186.16
|
$2.40
PAB2.40
|
|
Local cheese (8 oz) |
$7.00
LKR2,122.76
|
$5.44
PAB5.44
|
|
Milk (1 gallon) |
$6.30
LKR1,912.53
|
$6.66
PAB6.66
|
|
Eggs
1 dozen
|
$2.23
LKR676.08
|
$2.54
PAB2.54
|
|
Boneless chicken breast (1 lb) |
$2.36
LKR715.45
|
$3.39
PAB3.39
|
|
Apples (1 lb) |
$3.37
LKR1,021.92
|
$1.40
PAB1.40
|
|
Bananas (1 lb) |
$0.50
LKR153.04
|
$0.62
PAB0.62
|
|
Oranges (1 lb) |
$2.74
LKR832.61
|
$1.30
PAB1.30
|
|
Tomatoes (1 lb) |
$0.56
LKR170.90
|
$1.41
PAB1.41
|
|
Potatoes (1 lb) |
$0.48
LKR147.05
|
$0.94
PAB0.94
|
|
Onions (1 lb) |
$0.53
LKR159.82
|
$0.97
PAB0.97
|
|
pay 2.5 times more for transportation
Colombo
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.74
LKR1,439.67
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$6.31
LKR1,915.65
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,878.30
LKR10,278,960.19
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$3.06
LKR927.58
|
$14.00
PAB14.00
|
|
pay 3.1 times more for housing
Colombo
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$17.03
LKR5,166.11
|
$51.82
PAB51.82
|
|
1-Bedroom apartment in downtown area |
$303.18
LKR91,986.66
|
$925.91
PAB925.91
|
|
1-Bedroom apartment outside city center |
$159.51
LKR48,395.30
|
$598.61
PAB598.61
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.13
LKR10,963.29
|
$86.14
PAB86.14
|
|
pay 17.8 times more for childcare
Colombo
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$25.07
LKR7,607.59
|
$408.12
PAB408.12
|
|
Middle school for 1 child, two semesters |
$500.02
LKR151,709.78
|
$9,675.75
PAB9,675.75
|
|
pay 63.3% more for entertainment and sports
Colombo
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.99
LKR604.94
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$2.49
LKR754.74
|
$3.70
PAB3.70
|
|
Pack of cigarettes
Marlboro or similar
|
$8.14
LKR2,470.18
|
$5.75
PAB5.75
|
|
Monthly membership at local gym |
$14.54
LKR4,411.03
|
$40.93
PAB40.93
|
|
Movie ticket to theater/cinema |
$3.69
LKR1,119.14
|
$7.00
PAB7.00
|
|
pay 94.4% more for clothing
Colombo
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$28.44
LKR8,628.48
|
$53.94
PAB53.94
|
|
Regular dress
from H&M or similar store
|
$19.86
LKR6,024.21
|
$40.79
PAB40.79
|
|
Running shoes
Nike or Adidas
|
$64.29
LKR19,505.48
|
$82.58
PAB82.58
|
|
Men's business shoes (leather) |
$36.55
LKR11,090.59
|
$92.86
PAB92.86
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama City or Colombo. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.