Cost of living comparison
Panama is 3.4 times more expensive than Gambia.
If you lived in Panama instead of Gambia, you would:
pay 2.7 times more for restaurants
Gambia
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.61
GMD109.24
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$5.63
GMD382.36
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.69
GMD46.73
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.47
GMD31.86
|
$1.16
PAB1.16
|
|
pay 92.9% more for groceries
Gambia
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.50
GMD34.14
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$2.87
GMD194.90
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$4.48
GMD304.29
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$1.52
GMD103.04
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$1.51
GMD102.30
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$0.87
GMD59.04
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.68
GMD45.99
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$0.90
GMD61.32
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.56
GMD38.05
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.43
GMD28.91
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.37
GMD24.86
|
$0.96
PAB0.96
|
|
pay 4.0 times more for transportation
Gambia
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.47
GMD235.95
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$20.90
GMD1,420.18
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$2,170.42
GMD147,479.90
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) | ?? |
$15.79
PAB15.79
|
|
pay 2.6 times more for housing
Gambia
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$112.54
GMD7,647.11
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$192.93
GMD13,109.32
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$100.51
GMD6,829.80
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.62
GMD2,080.52
|
$62.88
PAB62.88
|
|
pay 7.2 times more for childcare
Gambia
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$37.51
GMD2,549.04
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$750.27
GMD50,980.71
|
$6,185.93
PAB6,185.93
|
|
pay 2.0 times more for entertainment and sports
Gambia
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.61
GMD109.24
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$1.74
GMD118.35
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$1.23
GMD83.75
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$32.15
GMD2,184.89
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$3.75
GMD254.90
|
$4.88
PAB4.88
|
|
pay 3.3 times more for clothing
Gambia
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$6.97
GMD473.39
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$26.80
GMD1,820.74
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$48.23
GMD3,277.33
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$31.62
GMD2,148.47
|
$94.12
PAB94.12
|
|
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