Cost of living comparison
Panama is 6.7% more expensive than Sweden.
If you lived in Panama instead of Sweden, you would:
pay 25.8% less for restaurants
Sweden
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$11.31
SEK122.92
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$9.30
SEK101.01
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.93
SEK20.92
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$1.88
SEK20.47
|
$1.16
PAB1.16
|
|
pay 0.4% less for groceries
Sweden
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$2.55
SEK27.69
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$5.31
SEK57.67
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$5.59
SEK60.72
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$3.82
SEK41.50
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$4.89
SEK53.09
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$1.22
SEK13.22
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$1.07
SEK11.61
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$1.14
SEK12.36
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$1.80
SEK19.59
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$0.67
SEK7.24
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.72
SEK7.86
|
$0.95
PAB0.95
|
|
pay 40.4% less for transportation
Sweden
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.80
SEK73.90
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$68.13
SEK740.19
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,059.79
SEK293,974.29
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$21.32
SEK231.61
|
$14.78
PAB14.78
|
|
pay 3.0% more for housing
Sweden
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.04
SEK315.44
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$873.36
SEK9,488.03
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$653.04
SEK7,094.53
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.04
SEK750.06
|
$65.23
PAB65.23
|
|
pay 2.5 times more for childcare
Sweden
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$121.10
SEK1,315.62
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$2,856.48
SEK31,032.45
|
$6,443.94
PAB6,443.94
|
|
pay 17.4% less for entertainment and sports
Sweden
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.81
SEK74.03
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$3.75
SEK40.69
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$6.25
SEK67.87
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$39.42
SEK428.21
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$13.75
SEK149.35
|
$5.75
PAB5.75
|
|
pay 20.0% less for clothing
Sweden
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.13
SEK870.57
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$34.51
SEK374.87
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$82.17
SEK892.66
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$117.97
SEK1,281.63
|
$78.30
PAB78.30
|
|
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