Colombo is 51.8% cheaper than Panama City.

If you lived in Colombo instead of Panama City, you would:

pay 65.9% less for restaurants

 
Panama City
Colombo
Basic meal with drink at inexpensive restaurant $10.00
PAB10.00
$1.65
Rs499.40
Fast food combo meal
McDonalds, or similar
$7.00
PAB7.00
$5.04
Rs1,521.99
Bottle of Coca-Cola (11 fl. oz) $1.73
PAB1.73
$0.51
Rs154.48

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pay 15.2% less for groceries

 
Panama City
Colombo
Bread
1 loaf
$2.36
PAB2.36
$0.74
Rs224.31
Local cheese (8 oz) $4.56
PAB4.56
$4.34
Rs1,310.76
Milk (1 gallon) $6.17
PAB6.17
$5.48
Rs1,655.44

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pay 26.1% less for transportation

 
Panama City
Colombo
Gasoline (1 gallon) $4.18
PAB4.18
$5.24
Rs1,583.52
Monthly public transit pass $25.00
PAB25.00
$4.72
Rs1,426.87
New Volkswagen Golf 1.4 (standard edition) $22,250.00
PAB22,250.00
$29,917.63
Rs9,036,830.86

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pay 69.9% less for housing

 
Panama City
Colombo
Internet connection
50 mbps or faster, cable/dsl
$50.20
PAB50.20
$11.95
Rs3,610.59
1-Bedroom apartment in downtown area $900.91
PAB900.91
$341.69
Rs103,210.16
1-Bedroom apartment outside city center $515.48
PAB515.48
$142.52
Rs43,049.47

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pay 94.1% less for childcare

 
Panama City
Colombo
Private preschool for 1 child, monthly $420.62
PAB420.62
$26.09
Rs7,881.75
Middle school for 1 child, two semesters $9,343.71
PAB9,343.71
$520.92
Rs157,347.17

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pay 38.9% less for entertainment and sports

 
Panama City
Colombo
Domestic/local beer (1 pint) $2.50
PAB2.50
$1.57
Rs475.62
Cappuccino in mid-range area $3.51
PAB3.51
$1.85
Rs557.48
Pack of cigarettes
Marlboro or similar
$5.78
PAB5.78
$6.30
Rs1,902.49

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pay 52.8% less for clothing

 
Panama City
Colombo
Regular jeans
Levi's brand
$53.50
PAB53.50
$24.08
Rs7,274.23
Regular dress
from H&M or similar store
$41.33
PAB41.33
$16.10
Rs4,864.32
Running shoes
Nike or Adidas
$74.88
PAB74.88
$54.57
Rs16,482.79

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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: March 2024
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