Cost of living comparison

Guinea

compared to

Panama

Panama City vs. Conakry Cost of Living Summary

Panama City is 49.6% more expensive than Conakry.

Restaurants: pay 51.0% more in Panama City
Groceries: pay 35.0% more in Panama City
Transportation: pay 17.2% less in Panama City
Housing: pay 93.1% more in Panama City
Childcare: pay 51.5% more in Panama City
Entertainment and Sports: pay 16.4% more in Panama City
Clothing: pay 2.6 times more in Panama City

The cost of clothing, housing, childcare, restaurants, groceries, and entertainment and sports in Panama City are more expensive than in Conakry. Notably, clothing and housing are significantly more expensive in Panama City.

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Panama City vs. Conakry Cost Breakdown

If you lived in Panama City instead of Conakry, you would:

Display currency: USD

pay 51.0% more for restaurants

	Conakry	Panama City
Basic meal with drink at inexpensive restaurant	$4.63 GNF40,795	$11.50 PAB11.50	+148.4%
Fast food combo meal McDonalds, or similar	$9.26 GNF81,591	$8.00 PAB8.00	-13.6%
Bottle of Coca-Cola (11 fl. oz)	$1.74 GNF15,298	$1.97 PAB1.97	+13.5%
Bottle of water (11 fl. oz)	??	$1.60 PAB1.60
Average			+51.0%

Conakry vs. Panama City - Cost of restaurants

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pay 35.0% more for groceries

	Conakry	Panama City
Bread 1 loaf	$1.48 GNF13,049	$2.52 PAB2.52	+69.9%
Local cheese (8 oz)	$11.56 GNF102K	$6.18 PAB6.18	-46.5%
Milk (1 gallon)	$8.16 GNF71,898	$7.09 PAB7.09	-13.2%
Eggs 1 dozen	$4.34 GNF38,193	$2.75 PAB2.75	-36.6%
Boneless chicken breast (1 lb)	$2.04 GNF17,983	$3.07 PAB3.07	+50.3%
Apples (1 lb)	$1.32 GNF11,618	$1.87 PAB1.87	+41.8%
Bananas (1 lb)	$1.09 GNF9,614	$0.82 PAB0.82	-24.5%
Oranges (1 lb)	$0.81 GNF7,149	$1.92 PAB1.92	+136.4%
Tomatoes (1 lb)	$0.99 GNF8,746	$1.86 PAB1.86	+87.0%
Potatoes (1 lb)	$0.63 GNF5,543	$1.55 PAB1.55	+145.8%
Onions (1 lb)	$0.63 GNF5,543	$1.96 PAB1.96	+211.1%
Average			+35.0%

Conakry vs. Panama City - Cost of groceries

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pay 17.2% less for transportation

	Conakry	Panama City
Gasoline (1 gallon)	$5.26 GNF46,353	$4.62 PAB4.62	-12.2%
Monthly public transit pass	$28.49 GNF251K	$21.00 PAB21.00	-26.3%
New Volkswagen Golf 1.4 (standard edition)	$33,000.00 GNF291M	$21,262.00 PAB21,262.00	-35.6%
Taxi trip in downtown area (5 miles)	$8.87 GNF78,104	$16.98 PAB16.98	+91.5%
Average			-17.2%

Conakry vs. Panama City - Cost of transportation

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pay 93.1% more for housing

	Conakry	Panama City
Internet connection 50 mbps or faster, cable/dsl	$185.16 GNF2M	$48.70 PAB48.70	-73.7%
1-Bedroom apartment in downtown area	$510.01 GNF4M	$1,262.50 PAB1,262.50	+147.5%
1-Bedroom apartment outside city center	$317.99 GNF3M	$874.18 PAB874.18	+174.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$132.79 GNF1M	$100.29 PAB100.29	-24.5%
Average			+93.1%

Conakry vs. Panama City - Cost of housing

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pay 51.5% more for childcare

	Conakry	Panama City
Private preschool for 1 child, monthly	??	$543.33 PAB543.33
Middle school for 1 child, two semesters	$6,362.45 GNF56M	$9,641.50 PAB9,641.50	+51.5%
Average			+51.5%

Conakry vs. Panama City - Cost of childcare

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pay 16.4% more for entertainment and sports

	Conakry	Panama City
Domestic/local beer (1 pint)	$3.47 GNF30,596	$3.30 PAB3.30	-5.0%
Cappuccino in mid-range area	$4.63 GNF40,795	$4.11 PAB4.11	-11.3%
Pack of cigarettes Marlboro or similar	$1.16 GNF10,242	$6.00 PAB6.00	+416.1%
Monthly membership at local gym	$89.25 GNF786K	$46.40 PAB46.40	-48.0%
Movie ticket to theater/cinema	$4.05 GNF35,696	$8.50 PAB8.50	+109.8%
Average			+16.4%

Conakry vs. Panama City - Cost of entertainment and sports

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pay 2.6 times more for clothing

	Conakry	Panama City
Regular jeans Levi's brand	$20.00 GNF176K	$66.67 PAB66.67	+233.3%
Regular dress from H&M or similar store	$25.00 GNF220K	$48.43 PAB48.43	+93.7%
Running shoes Nike or Adidas	$30.00 GNF264K	$94.62 PAB94.62	+215.4%
Men's business shoes (leather)	$50.00 GNF441K	$111.67 PAB111.67	+123.3%
Average			+159.7%

Conakry vs. Panama City - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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