Cost of living comparison
Libya is 55.8% cheaper than Panama.
If you lived in Libya instead of Panama, you would:
pay 62.5% less for restaurants
Panama
|
Libya
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$4.29
LYD20.720
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$4.12
LYD19.900
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$0.46
LYD2.250
|
|
Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$0.16
LYD0.790
|
|
pay 58.6% less for groceries
Panama
|
Libya
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.32
LYD1.530
|
|
Local cheese (8 oz) |
$5.28
PAB5.28
|
$2.58
LYD12.490
|
|
Milk (1 gallon) |
$6.34
PAB6.34
|
$3.67
LYD17.750
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$1.32
LYD6.380
|
|
Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$1.40
LYD6.780
|
|
Apples (1 lb) |
$1.87
PAB1.87
|
$0.72
LYD3.480
|
|
Bananas (1 lb) |
$0.56
PAB0.56
|
$0.52
LYD2.530
|
|
Oranges (1 lb) |
$1.31
PAB1.31
|
$0.35
LYD1.690
|
|
Tomatoes (1 lb) |
$1.32
PAB1.32
|
$0.24
LYD1.180
|
|
Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.27
LYD1.310
|
|
Onions (1 lb) |
$0.95
PAB0.95
|
$0.27
LYD1.330
|
|
pay 40.2% less for transportation
Panama
|
Libya
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.90
PAB3.90
|
$0.12
LYD0.600
|
|
Monthly public transit pass |
$23.33
PAB23.33
|
$21.71
LYD104.930
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$16,462.81
LYD79,580.740
|
|
Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$9.53
LYD46.050
|
|
pay 61.6% less for housing
Panama
|
Libya
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$24.38
LYD117.850
|
|
1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$214.03
LYD1,034.620
|
|
1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$116.31
LYD562.230
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$30.93
LYD149.520
|
|
pay 80.9% less for childcare
Panama
|
Libya
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$65.74
LYD317.770
|
|
Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$1,166.12
LYD5,636.970
|
|
pay 55.9% less for entertainment and sports
Panama
|
Libya
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$0.63
LYD3.070
|
|
Cappuccino in mid-range area |
$3.35
PAB3.35
|
$0.58
LYD2.820
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$2.45
LYD11.870
|
|
Monthly membership at local gym |
$58.09
PAB58.09
|
$31.90
LYD154.180
|
|
Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$4.46
LYD21.550
|
|
pay 30.9% less for clothing
Panama
|
Libya
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$29.81
LYD144.120
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$27.85
LYD134.640
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$43.99
LYD212.670
|
|
Men's business shoes (leather) |
$78.30
PAB78.30
|
$57.86
LYD279.680
|
|
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