Cost of Living Comparison

MYR
COMPARED TO
PAB

Panama is 67.9% more expensive than Malaysia.

If you lived in Panama instead of Malaysia, you would:
local_dining

pay 2.8 times more for restaurants

  Malaysia help_outline Panama help_outline  
Basic meal with drink at inexpensive restaurant $2.21
RM9.50
$8.50
PAB8.50
+283.8%
Fast food combo meal
McDonalds, or similar
$3.40
RM14.61
$6.75
PAB6.75
+98.3%
Bottle of Coca-Cola (11 fl. oz) $0.58
RM2.50
$1.24
PAB1.24
+112.1%
Bottle of water (11 fl. oz) $0.32
RM1.39
$1.10
PAB1.10
+240.8%
Average +183.8%

Malaysia vs. Panama - Cost of restaurants
local_grocery_store

pay 63.0% more for groceries

  Malaysia help_outline Panama help_outline  
Bread
1 loaf
$0.82
RM3.52
$2.04
PAB2.04
+148.2%
Local cheese (8 oz) $6.78
RM29.07
$6.13
PAB6.13
-9.5%
Milk (1 gallon) $6.00
RM25.74
$5.65
PAB5.65
-5.9%
Eggs
1 dozen
$1.34
RM5.75
$1.96
PAB1.96
+46.6%
Boneless chicken breast (1 lb) $1.37
RM5.89
$3.41
PAB3.41
+148.1%
Apples (1 lb) $1.09
RM4.67
$1.36
PAB1.36
+25.0%
Bananas (1 lb) $0.60
RM2.57
$0.72
PAB0.72
+19.9%
Oranges (1 lb) $1.04
RM4.44
$0.99
PAB0.99
-4.2%
Tomatoes (1 lb) $0.53
RM2.28
$1.15
PAB1.15
+116.8%
Potatoes (1 lb) $0.41
RM1.75
$0.90
PAB0.90
+121.2%
Onions (1 lb) $0.49
RM2.10
$0.91
PAB0.91
+86.6%
Average +63.0%

Malaysia vs. Panama - Cost of groceries
drive_eta

pay 74.4% more for transportation

  Malaysia help_outline Panama help_outline  
Gasoline (1 gallon) $1.95
RM8.37
$2.99
PAB2.99
+53.3%
Monthly public transit pass $21.12
RM90.62
$26.48
PAB26.48
+25.4%
New Volkswagen Golf 1.4 (standard edition) $35,696.15
RM153,154.41
$18,666.67
PAB18,666.67
-47.7%
Taxi trip in downtown area (5 miles) $5.32
RM22.81
$19.50
PAB19.50
+266.7%
Average +74.4%

Malaysia vs. Panama - Cost of transportation
home

pay 98.4% more for housing

  Malaysia help_outline Panama help_outline  
Internet connection
50 mbps or faster, cable/dsl
$30.94
RM132.76
$41.49
PAB41.49
+34.1%
1-Bedroom apartment in downtown area $280.14
RM1,201.95
$629.63
PAB629.63
+124.8%
1-Bedroom apartment outside city center $178.44
RM765.60
$417.93
PAB417.93
+134.2%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
$33.60
RM144.14
$67.36
PAB67.36
+100.5%
Average +98.4%

Malaysia vs. Panama - Cost of housing
child_care

pay 18.1% more for childcare

  Malaysia help_outline Panama help_outline  
Private preschool for 1 child, monthly $131.31
RM563.40
$197.50
PAB197.50
+50.4%
Middle school for 1 child, two semesters $5,770.51
RM24,758.37
$4,955.26
PAB4,955.26
-14.1%
Average +18.1%

Malaysia vs. Panama - Cost of childcare
gamepad

pay 10.5% more for entertainment and sports

  Malaysia help_outline Panama help_outline  
Domestic/local beer (1 pint) $3.35
RM14.37
$1.71
PAB1.71
-49.0%
Cappuccino in mid-range area $2.31
RM9.90
$2.63
PAB2.63
+13.8%
Pack of cigarettes
Marlboro or similar
$4.22
RM18.10
$5.53
PAB5.53
+31.1%
Monthly membership at local gym $37.93
RM162.76
$42.69
PAB42.69
+12.5%
Movie ticket to theater/cinema $3.64
RM15.61
$5.25
PAB5.25
+44.3%
Average +10.5%

Malaysia vs. Panama - Cost of entertainment and sports
store

pay 27.0% more for clothing

  Malaysia help_outline Panama help_outline  
Regular jeans
Levi's brand
$49.32
RM211.60
$43.11
PAB43.11
-12.6%
Regular dress
from H&M or similar store
$22.07
RM94.69
$37.54
PAB37.54
+70.1%
Running shoes
Nike or Adidas
$62.60
RM268.57
$69.37
PAB69.37
+10.8%
Men's business shoes (leather) $57.59
RM247.10
$80.53
PAB80.53
+39.8%
Average +27.0%

Malaysia vs. Panama - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2021

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