Cost of living comparison
Panama City is 34.4% cheaper than Luxembourg.
If you lived in Panama City instead of Luxembourg, you would:
pay 48.3% less for restaurants
Luxembourg
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.99
€20.40
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$10.99
€10.20
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.06
€2.84
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$3.26
€3.02
|
$1.34
PAB1.34
|
|
pay 14.6% less for groceries
Luxembourg
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$3.24
€3.01
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$10.86
€10.07
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$5.35
€4.96
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$3.77
€3.50
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$5.60
€5.20
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$1.29
€1.20
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$0.75
€0.70
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.19
€1.10
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$1.96
€1.82
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$0.75
€0.69
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.02
€0.95
|
$0.94
PAB0.94
|
|
pay 34.7% less for transportation
Luxembourg
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.74
€6.25
|
$4.18
PAB4.18
|
|
Monthly public transit pass | ?? |
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,893.04
€25,877.76
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$31.06
€28.82
|
$16.80
PAB16.80
|
|
pay 45.9% less for housing
Luxembourg
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$55.71
€51.68
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$1,774.61
€1,646.40
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$1,468.68
€1,362.57
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$204.06
€189.32
|
$82.33
PAB82.33
|
|
pay 50.3% less for childcare
Luxembourg
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$854.36
€792.64
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$18,641.72
€17,294.85
|
$9,343.71
PAB9,343.71
|
|
pay 26.4% less for entertainment and sports
Luxembourg
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.50
€5.10
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$3.94
€3.66
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$5.94
€5.51
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$47.17
€43.76
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$13.19
€12.24
|
$6.00
PAB6.00
|
|
pay 20.6% less for clothing
Luxembourg
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$75.61
€70.15
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$39.58
€36.72
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$107.51
€99.74
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$124.74
€115.73
|
$90.67
PAB90.67
|
|
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