Cost of living comparison
Panama is 94.7% more expensive than Azerbaijan.
If you lived in Panama instead of Azerbaijan, you would:
pay 2.1 times more for restaurants
Azerbaijan
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.47
AZN11.00
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$5.95
AZN10.12
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.62
AZN1.06
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$0.33
AZN0.56
|
$1.16
PAB1.16
|
|
pay 3.0 times more for groceries
Azerbaijan
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.36
AZN0.61
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$2.18
AZN3.71
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$4.69
AZN7.97
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$1.43
AZN2.43
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$1.80
AZN3.06
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$0.40
AZN0.67
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$0.71
AZN1.21
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$0.52
AZN0.88
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$0.61
AZN1.04
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$0.27
AZN0.47
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.17
AZN0.28
|
$0.95
PAB0.95
|
|
pay 91.0% more for transportation
Azerbaijan
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.31
AZN3.93
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$13.53
AZN23.00
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,607.84
AZN33,333.33
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$4.68
AZN7.95
|
$14.78
PAB14.78
|
|
pay 2.6 times more for housing
Azerbaijan
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$11.95
AZN20.32
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$311.43
AZN529.42
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$209.56
AZN356.25
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$32.18
AZN54.70
|
$65.23
PAB65.23
|
|
pay 42.1% more for childcare
Azerbaijan
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$218.98
AZN372.27
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$4,779.41
AZN8,125.00
|
$6,443.94
PAB6,443.94
|
|
pay 50.4% more for entertainment and sports
Azerbaijan
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.23
AZN2.08
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$2.54
AZN4.31
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$3.36
AZN5.72
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$31.66
AZN53.82
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$6.67
AZN11.33
|
$5.75
PAB5.75
|
|
pay 4.7% more for clothing
Azerbaijan
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$46.29
AZN78.69
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$35.24
AZN59.91
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$78.97
AZN134.25
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$63.06
AZN107.20
|
$78.30
PAB78.30
|
|
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