Cost of living comparison
Panama is 10.2% more expensive than Chile.
If you lived in Panama instead of Chile, you would:
pay 8.0% more for restaurants
Chile
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.40
CLF0.2500
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$6.77
CLF0.2300
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.38
CLF0.0500
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$1.08
CLF0.0400
|
$1.16
PAB1.16
|
|
pay 36.4% more for groceries
Chile
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.32
CLF0.0500
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$4.79
CLF0.1600
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$4.51
CLF0.1500
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$3.01
CLF0.1000
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$2.63
CLF0.0900
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$0.80
CLF0.0300
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.77
CLF0.0300
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$0.78
CLF0.0300
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.75
CLF0.0300
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.51
CLF0.0200
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.59
CLF0.0200
|
$0.96
PAB0.96
|
|
pay 7.3% less for transportation
Chile
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.39
CLF0.1800
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$46.36
CLF1.5800
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$17,551.34
CLF599.2000
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$13.31
CLF0.4500
|
$15.79
PAB15.79
|
|
pay 24.6% more for housing
Chile
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$30.10
CLF1.0300
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$449.67
CLF15.3500
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$387.32
CLF13.2200
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$98.11
CLF3.3500
|
$62.88
PAB62.88
|
|
pay 1.2% less for childcare
Chile
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$312.26
CLF10.6600
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$4,973.52
CLF169.8000
|
$6,185.93
PAB6,185.93
|
|
pay 12.0% less for entertainment and sports
Chile
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.15
CLF0.1100
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$2.82
CLF0.1000
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$5.89
CLF0.2000
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$43.65
CLF1.4900
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$6.56
CLF0.2200
|
$4.88
PAB4.88
|
|
pay 22.7% more for clothing
Chile
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.97
CLF1.6400
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$29.36
CLF1.0000
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$62.17
CLF2.1200
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$74.99
CLF2.5600
|
$94.12
PAB94.12
|
|
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