Cost of living in Panama
compared to
#43
Country Cost of Living Rank
Index: 62 (United States = 100)
Panama Cost of Living Breakdown
Restaurants
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.35
PAB8.35
|
$6.00
$6.00
$14.60
$14.60
|
|
Fast food combo meal
McDonalds, or similar
|
$7.75
PAB7.75
|
$7.00
$7.00
$8.50
$8.50
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
PAB1.37
|
$0.95
$0.95
$2.01
$2.01
|
| Bottle of water (11 fl. oz) |
$1.21
PAB1.21
|
$0.88
$0.88
$1.69
$1.69
|
Panama - Cost of restaurants
Groceries
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$2.21
PAB2.21
|
$1.56
$1.56
$2.94
$2.94
|
| Local cheese (8 oz) |
$6.02
PAB6.02
|
$3.39
$3.39
$9.74
$9.74
|
| Milk (1 gallon) |
$6.86
PAB6.86
|
$5.73
$5.73
$7.70
$7.70
|
|
Eggs
1 dozen
|
$2.47
PAB2.47
|
$1.79
$1.79
$3.15
$3.15
|
| Boneless chicken breast (1 lb) |
$3.58
PAB3.58
|
$2.06
$2.06
$4.78
$4.78
|
| Apples (1 lb) |
$2.13
PAB2.13
|
$1.19
$1.19
$2.61
$2.61
|
| Bananas (1 lb) |
$0.60
PAB0.60
|
$0.46
$0.46
$0.86
$0.86
|
| Oranges (1 lb) |
$1.40
PAB1.40
|
$0.68
$0.68
$2.47
$2.47
|
| Tomatoes (1 lb) |
$1.51
PAB1.51
|
$0.68
$0.68
$1.41
$1.41
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.63
$0.63
$1.16
$1.16
|
| Onions (1 lb) |
$0.99
PAB0.99
|
$0.53
$0.53
$1.44
$1.44
|
Panama - Cost of groceries
Transportation
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$3.87
PAB3.87
|
$3.34
$3.34
$4.74
$4.74
|
| Monthly public transit pass |
$23.75
PAB23.75
|
$20.00
$20.00
$40.00
$40.00
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,416.67
PAB23,416.67
|
$19,000.00
$19K
$23,500.00
$24K
|
| Taxi trip in downtown area (5 miles) |
$20.20
PAB20.20
|
$13.72
$13.72
$42.50
$42.50
|
Panama - Cost of transportation
Housing
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.39
PAB48.39
|
$39.00
$39.00
$63.40
$63.40
|
| 1-Bedroom apartment in downtown area |
$765.94
PAB765.94
|
$632.50
$632.50
$1,212.50
$1K
|
| 1-Bedroom apartment outside city center |
$630.77
PAB630.77
|
$462.50
$462.50
$1,000.00
$1K
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.09
PAB89.09
|
$52.37
$52.37
$137.26
$137.26
|
Panama - Cost of housing
Childcare
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$363.00
PAB363.00
|
$330.00
$330.00
$1,000.00
$1K
|
| Middle school for 1 child, two semesters |
$9,411.11
PAB9,411.11
|
$8,000.00
$8K
$11,000.00
$11K
|
Panama - Cost of childcare
Entertainment and Sports
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.50
$1.50
$2.70
$2.70
|
| Cappuccino in mid-range area |
$3.54
PAB3.54
|
$1.73
$1.73
$4.83
$4.83
|
|
Pack of cigarettes
Marlboro or similar
|
$5.48
PAB5.48
|
$5.00
$5.00
$5.67
$5.67
|
| Monthly membership at local gym |
$51.47
PAB51.47
|
$35.67
$35.67
$71.67
$71.67
|
| Movie ticket to theater/cinema |
$5.97
PAB5.97
|
$4.75
$4.75
$11.75
$11.75
|
Panama - Cost of entertainment and sports
Clothing
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$43.33
PAB43.33
|
$35.00
$35.00
$55.00
$55.00
|
|
Regular dress
from H&M or similar store
|
$34.17
PAB34.17
|
$25.00
$25.00
$62.50
$62.50
|
|
Running shoes
Nike or Adidas
|
$80.40
PAB80.40
|
$52.50
$52.50
$82.50
$82.50
|
| Men's business shoes (leather) |
$106.46
PAB106.46
|
$57.50
$57.50
$200.00
$200.00
|
Panama - Cost of clothing
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