Cost of living comparison
Panama is 68.7% more expensive than Guyana.
If you lived in Panama instead of Guyana, you would:
pay 30.8% more for restaurants
Guyana
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.09
$1,480
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$7.09
$1,480
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.19
$249
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.64
$133
|
$1.16
PAB1.16
|
|
pay 1.9% more for groceries
Guyana
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.49
$312
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$4.89
$1,020
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$12.79
$2,671
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$2.90
$606
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$2.49
$521
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$2.30
$479
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$1.03
$215
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$1.48
$309
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.86
$179
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.63
$131
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.58
$122
|
$0.96
PAB0.96
|
|
pay 0.8% less for transportation
Guyana
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.78
$789
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$33.09
$6,908
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$15,600.24
$3,256,743
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$21.27
$4,441
|
$15.79
PAB15.79
|
|
pay 43.3% more for housing
Guyana
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$59.56
$12,435
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$360.46
$75,251
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$228.98
$47,803
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.66
$12,663
|
$62.88
PAB62.88
|
|
pay 4.4 times more for childcare
Guyana
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$94.55
$19,738
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$954.92
$199,352
|
$6,185.93
PAB6,185.93
|
|
pay 27.3% more for entertainment and sports
Guyana
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.36
$493
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$3.43
$716
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$2.36
$493
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$28.36
$5,921
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$6.15
$1,283
|
$4.88
PAB4.88
|
|
pay 33.5% more for clothing
Guyana
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$26.39
$5,510
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$46.49
$9,704
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$70.91
$14,803
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$62.24
$12,994
|
$94.12
PAB94.12
|
|
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