Cost of living comparison
Panama City is 11.6% cheaper than Germany.
If you lived in Panama City instead of Germany, you would:
pay 31.6% less for restaurants
Germany
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.84
€12.05
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$9.44
€8.86
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.65
€2.48
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$2.37
€2.23
|
$1.34
PAB1.34
|
|
pay 24.2% more for groceries
Germany
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.00
€1.87
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$6.74
€6.33
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$4.22
€3.96
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$2.93
€2.75
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$3.90
€3.66
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$1.21
€1.14
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$0.80
€0.75
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.02
€0.96
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$0.61
€0.57
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$0.73
€0.68
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.52
€0.49
|
$0.94
PAB0.94
|
|
pay 39.2% less for transportation
Germany
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.31
€7.80
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$73.47
€68.94
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,050.12
€25,379.77
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$21.90
€20.55
|
$16.80
PAB16.80
|
|
pay 4.8% less for housing
Germany
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$37.93
€35.59
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$759.74
€712.83
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$577.93
€542.24
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$202.18
€189.69
|
$82.33
PAB82.33
|
|
pay 3.9% more for childcare
Germany
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$325.78
€305.66
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$11,890.74
€11,156.49
|
$9,343.71
PAB9,343.71
|
|
pay 17.2% less for entertainment and sports
Germany
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.05
€3.80
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$3.27
€3.07
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$8.03
€7.53
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$34.77
€32.62
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$12.08
€11.33
|
$6.00
PAB6.00
|
|
pay 16.2% less for clothing
Germany
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.79
€75.80
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$39.60
€37.16
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$88.39
€82.93
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$113.48
€106.47
|
$90.67
PAB90.67
|
|
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