Cost of living comparison
Panama is 5.6% more expensive than Czech Republic.
If you lived in Panama instead of Czech Republic, you would:
pay 2.0% less for restaurants
Czech Republic
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.78
CZK180.05
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$7.82
CZK180.88
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.53
CZK35.36
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$1.34
CZK30.90
|
$1.16
PAB1.16
|
|
pay 40.1% more for groceries
Czech Republic
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.45
CZK33.57
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$5.86
CZK135.52
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$3.69
CZK85.28
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$2.72
CZK62.84
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$3.62
CZK83.82
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$0.70
CZK16.20
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$0.72
CZK16.55
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$0.86
CZK19.88
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$1.36
CZK31.48
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$0.51
CZK11.78
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.56
CZK12.84
|
$0.95
PAB0.95
|
|
pay 3.1% less for transportation
Czech Republic
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.25
CZK144.58
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$19.97
CZK461.95
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,379.53
CZK587,061.60
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$11.76
CZK272.05
|
$14.78
PAB14.78
|
|
pay 29.4% more for housing
Czech Republic
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$19.23
CZK444.83
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$632.17
CZK14,622.88
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$495.91
CZK11,471.07
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$191.58
CZK4,431.43
|
$65.23
PAB65.23
|
|
pay 10.3% less for childcare
Czech Republic
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$359.87
CZK8,324.16
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$7,286.86
CZK168,554.63
|
$6,443.94
PAB6,443.94
|
|
pay 2.8% more for entertainment and sports
Czech Republic
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.97
CZK45.63
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$2.61
CZK60.27
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$6.11
CZK141.30
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$48.03
CZK1,110.93
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$9.41
CZK217.60
|
$5.75
PAB5.75
|
|
pay 17.6% less for clothing
Czech Republic
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$71.08
CZK1,644.21
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$36.60
CZK846.66
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$82.74
CZK1,913.79
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$102.60
CZK2,373.38
|
$78.30
PAB78.30
|
|
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