Cost of living comparison
Greece is 6.7% more expensive than Panama City.
If you lived in Greece instead of Panama City, you would:
pay 2.0% less for restaurants
Panama City
|
Greece
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.00
PAB12.00
|
$14.81
€13.74
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
PAB8.25
|
$9.01
€8.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.76
PAB1.76
|
$1.97
€1.83
|
|
Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$0.63
€0.59
|
|
pay 12.9% less for groceries
Panama City
|
Greece
|
||
---|---|---|---|
Bread
1 loaf
|
$2.40
PAB2.40
|
$1.36
€1.26
|
|
Local cheese (8 oz) |
$5.44
PAB5.44
|
$6.52
€6.05
|
|
Milk (1 gallon) |
$6.66
PAB6.66
|
$6.06
€5.62
|
|
Eggs
1 dozen
|
$2.54
PAB2.54
|
$4.09
€3.79
|
|
Boneless chicken breast (1 lb) |
$3.39
PAB3.39
|
$4.27
€3.96
|
|
Apples (1 lb) |
$1.40
PAB1.40
|
$0.81
€0.75
|
|
Bananas (1 lb) |
$0.62
PAB0.62
|
$0.82
€0.76
|
|
Oranges (1 lb) |
$1.30
PAB1.30
|
$0.57
€0.53
|
|
Tomatoes (1 lb) |
$1.41
PAB1.41
|
$0.86
€0.80
|
|
Potatoes (1 lb) |
$0.94
PAB0.94
|
$0.51
€0.47
|
|
Onions (1 lb) |
$0.97
PAB0.97
|
$0.54
€0.50
|
|
pay 51.4% more for transportation
Panama City
|
Greece
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$7.81
€7.24
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$41.23
€38.25
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$27,791.92
€25,783.95
|
|
Taxi trip in downtown area (5 miles) |
$14.00
PAB14.00
|
$14.64
€13.59
|
|
pay 1.7% less for housing
Panama City
|
Greece
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$51.82
PAB51.82
|
$31.73
€29.44
|
|
1-Bedroom apartment in downtown area |
$925.91
PAB925.91
|
$529.13
€490.90
|
|
1-Bedroom apartment outside city center |
$598.61
PAB598.61
|
$406.38
€377.02
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.14
PAB86.14
|
$178.34
€165.46
|
|
pay 22.6% less for childcare
Panama City
|
Greece
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$408.12
PAB408.12
|
$350.75
€325.41
|
|
Middle school for 1 child, two semesters |
$9,675.75
PAB9,675.75
|
$6,658.30
€6,177.24
|
|
pay 18.3% more for entertainment and sports
Panama City
|
Greece
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$4.23
€3.92
|
|
Cappuccino in mid-range area |
$3.70
PAB3.70
|
$3.51
€3.26
|
|
Pack of cigarettes
Marlboro or similar
|
$5.75
PAB5.75
|
$4.98
€4.62
|
|
Monthly membership at local gym |
$40.93
PAB40.93
|
$46.53
€43.17
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$8.93
€8.28
|
|
pay 16.2% more for clothing
Panama City
|
Greece
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.94
PAB53.94
|
$83.80
€77.75
|
|
Regular dress
from H&M or similar store
|
$40.79
PAB40.79
|
$41.12
€38.15
|
|
Running shoes
Nike or Adidas
|
$82.58
PAB82.58
|
$86.78
€80.51
|
|
Men's business shoes (leather) |
$92.86
PAB92.86
|
$96.32
€89.36
|
|
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