Cost of living comparison
Panama City is 27.1% more expensive than Mexico City.
If you lived in Panama City instead of Mexico City, you would:
pay 39.2% more for restaurants
Mexico City
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.28
MX$141.52
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$6.95
MX$118.84
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.06
MX$18.15
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$0.78
MX$13.26
|
$1.34
PAB1.34
|
|
pay 25.5% more for groceries
Mexico City
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.09
MX$35.66
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$4.43
MX$75.81
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$5.45
MX$93.13
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$2.15
MX$36.79
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$3.19
MX$54.48
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$1.21
MX$20.68
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$0.62
MX$10.60
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$0.71
MX$12.12
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$0.76
MX$13.04
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$0.78
MX$13.39
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.73
MX$12.55
|
$0.94
PAB0.94
|
|
pay 57.7% more for transportation
Mexico City
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
MX$84.20
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$17.77
MX$303.95
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,067.99
MX$377,373.69
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$5.52
MX$94.34
|
$16.80
PAB16.80
|
|
pay 50.1% more for housing
Mexico City
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$28.01
MX$478.94
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$826.42
MX$14,132.15
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$480.11
MX$8,210.16
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$40.24
MX$688.13
|
$82.33
PAB82.33
|
|
pay 8.3% more for childcare
Mexico City
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$377.91
MX$6,462.52
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$8,870.11
MX$151,683.26
|
$9,343.71
PAB9,343.71
|
|
pay 13.7% more for entertainment and sports
Mexico City
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.76
MX$47.17
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$2.89
MX$49.37
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
MX$66.04
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$49.94
MX$854.04
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$4.97
MX$84.91
|
$6.00
PAB6.00
|
|
pay 4.9% less for clothing
Mexico City
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$56.86
MX$972.29
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$37.51
MX$641.46
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$92.48
MX$1,581.48
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$95.13
MX$1,626.70
|
$90.67
PAB90.67
|
|
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