Cost of living comparison
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
|
|
Bottle of water (11 fl. oz) |
$1.34
PAB1.34
|
$0.25
Rs74.25
|
|
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
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$2.19
Rs663.00
|
|
Boneless chicken breast (1 lb) |
$3.23
PAB3.23
|
$2.25
Rs678.96
|
|
Apples (1 lb) |
$1.43
PAB1.43
|
$2.49
Rs751.91
|
|
Bananas (1 lb) |
$0.60
PAB0.60
|
$0.42
Rs126.27
|
|
Oranges (1 lb) |
$1.36
PAB1.36
|
$2.10
Rs633.94
|
|
Tomatoes (1 lb) |
$1.53
PAB1.53
|
$0.70
Rs212.93
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.55
Rs167.02
|
|
Onions (1 lb) |
$0.94
PAB0.94
|
$0.38
Rs114.34
|
|
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
|
|
Taxi trip in downtown area (5 miles) |
$16.80
PAB16.80
|
$2.83
Rs856.12
|
|
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
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.33
PAB82.33
|
$25.52
Rs7,709.39
|
|
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
|
|
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
|
|
Monthly membership at local gym |
$42.79
PAB42.79
|
$12.09
Rs3,651.39
|
|
Movie ticket to theater/cinema |
$6.00
PAB6.00
|
$3.15
Rs951.25
|
|
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
|
|
Men's business shoes (leather) |
$90.67
PAB90.67
|
$29.14
Rs8,801.99
|
|
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