Cost of living comparison
Panama is 40.6% more expensive than Laos.
If you lived in Panama instead of Laos, you would:
pay 2.1 times more for restaurants
Laos
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.73
LAK58,208
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
LAK106,690
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.82
LAK17,539
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.51
LAK10,938
|
$1.16
PAB1.16
|
|
pay 9.6% less for groceries
Laos
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.52
LAK32,351
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$5.94
LAK126,851
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$9.92
LAK211,596
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$1.96
LAK41,882
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$1.94
LAK41,365
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$2.15
LAK45,774
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.85
LAK18,123
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$1.38
LAK29,376
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$1.85
LAK39,483
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$1.10
LAK23,502
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.01
LAK21,602
|
$0.96
PAB0.96
|
|
pay 75.5% more for transportation
Laos
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.46
LAK95,098
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$5.94
LAK126,851
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$59,448.31
LAK1,268,509,472
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$13.89
LAK296,378
|
$15.79
PAB15.79
|
|
pay 3.0% more for housing
Laos
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$168.24
LAK3,589,872
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$553.97
LAK11,820,651
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$228.82
LAK4,882,637
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$97.98
LAK2,090,656
|
$62.88
PAB62.88
|
|
pay 37.7% more for childcare
Laos
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$4,490.81
LAK95,824,909
|
$6,185.93
PAB6,185.93
|
|
pay 65.4% more for entertainment and sports
Laos
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.23
LAK26,187
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$2.02
LAK43,007
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$1.84
LAK39,353
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$34.22
LAK730,128
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$5.00
LAK106,690
|
$4.88
PAB4.88
|
|
pay 1.2% more for clothing
Laos
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$93.14
LAK1,987,328
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$50.63
LAK1,080,346
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$124.25
LAK2,651,183
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$44.78
LAK955,609
|
$94.12
PAB94.12
|
|
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