Cost of living comparison
Panama is 93.5% more expensive than Madagascar.
If you lived in Panama instead of Madagascar, you would:
pay 69.2% more for restaurants
Madagascar
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.46
MGA15,366
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$6.34
MGA28,170
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.94
MGA4,183
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.67
MGA2,962
|
$1.16
PAB1.16
|
|
pay 2.2 times more for groceries
Madagascar
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.70
MGA3,116
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$4.42
MGA19,634
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$3.47
MGA15,430
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$1.99
MGA8,851
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$2.55
MGA11,345
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$0.71
MGA3,175
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.24
MGA1,045
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$0.48
MGA2,120
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.38
MGA1,704
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.25
MGA1,115
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.41
MGA1,812
|
$0.96
PAB0.96
|
|
pay 3.3 times more for transportation
Madagascar
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.33
MGA19,259
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$2.74
MGA12,186
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$14,979.86
MGA66,584,680
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$15.90
MGA70,682
|
$15.79
PAB15.79
|
|
pay 78.6% more for housing
Madagascar
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.15
MGA258,485
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$465.53
MGA2,069,247
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$146.63
MGA651,764
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.25
MGA156,670
|
$62.88
PAB62.88
|
|
pay 70.2% more for childcare
Madagascar
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$138.28
MGA614,628
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$3,533.71
MGA15,707,155
|
$6,185.93
PAB6,185.93
|
|
pay 49.3% more for entertainment and sports
Madagascar
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.95
MGA4,226
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$1.21
MGA5,378
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$5.30
MGA23,561
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$41.48
MGA184,388
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$5.76
MGA25,609
|
$4.88
PAB4.88
|
|
pay 35.4% more for clothing
Madagascar
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$29.38
MGA130,608
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$23.05
MGA102,438
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$103.71
MGA460,971
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$72.98
MGA324,387
|
$94.12
PAB94.12
|
|
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