Cost of living comparison

compared to

Conakry vs. Panama City Cost of Living Summary

Conakry is 9.7% cheaper than Panama City.

Restaurants: pay 7.5% less in Conakry
Groceries: pay 2.8% less in Conakry
Transportation: pay 20.0% more in Conakry
Housing: pay 50.6% more in Conakry
Childcare: pay 59.6% less in Conakry
Entertainment and Sports: pay 10.2% less in Conakry
Clothing: pay 58.6% less in Conakry

The cost of housing and transportation in Conakry are more expensive than in Panama City. Expenses including childcare, clothing, entertainment and sports, restaurants, and groceries are lower in Conakry.

Conakry vs. Panama City Cost Breakdown

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

Display currency: USD

pay 7.5% less for restaurants

	Panama City	Conakry
Basic meal with drink at inexpensive restaurant	$10.00 PAB10.00	$5.00 GNF43,430	-50.0%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$10.77 GNF93,587	+34.7%
Bottle of Coca-Cola (11 fl. oz)	$1.70 PAB1.70	$1.62 GNF14,071	-4.6%
Bottle of water (11 fl. oz)	$1.33 PAB1.33	$1.20 GNF10,423	-10.1%
Average			-7.5%

Panama City vs. Conakry - Cost of restaurants

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pay 2.8% less for groceries

	Panama City	Conakry
Bread 1 loaf	$2.56 PAB2.56	$1.32 GNF11,472	-48.4%
Local cheese (8 oz)	$5.81 PAB5.81	$9.28 GNF80,599	+59.7%
Milk (1 gallon)	$6.82 PAB6.82	$8.22 GNF71,368	+20.4%
Eggs 1 dozen	$2.84 PAB2.84	$3.95 GNF34,274	+38.7%
Boneless chicken breast (1 lb)	$3.29 PAB3.29	$2.83 GNF24,624	-13.9%
Apples (1 lb)	$1.65 PAB1.65	$1.27 GNF11,053	-22.7%
Bananas (1 lb)	$0.70 PAB0.70	$1.11 GNF9,602	+57.0%
Oranges (1 lb)	$1.40 PAB1.40	$0.92 GNF7,982	-34.3%
Tomatoes (1 lb)	$1.46 PAB1.46	$1.28 GNF11,147	-12.2%
Potatoes (1 lb)	$1.00 PAB1.00	$0.72 GNF6,270	-27.5%
Onions (1 lb)	$1.37 PAB1.37	$0.72 GNF6,270	-47.1%
Average			-2.8%

Panama City vs. Conakry - Cost of groceries

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pay 20.0% more for transportation

	Panama City	Conakry
Gasoline (1 gallon)	$3.44 PAB3.44	$5.26 GNF45,699	+52.9%
Monthly public transit pass	$22.50 PAB22.50	$28.49 GNF247,464	+26.6%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$33,000.00 GNF286,638,000	+67.1%
Taxi trip in downtown area (5 miles)	$26.50 PAB26.50	$8.87 GNF77,003	-66.5%
Average			+20.0%

Panama City vs. Conakry - Cost of transportation

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pay 50.6% more for housing

	Panama City	Conakry
Internet connection 50 mbps or faster, cable/dsl	$49.20 PAB49.20	$185.16 GNF1,608,270	+276.4%
1-Bedroom apartment in downtown area	$1,164.71 PAB1,164.71	$630.52 GNF5,476,656	-45.9%
1-Bedroom apartment outside city center	$953.85 PAB953.85	$317.99 GNF2,762,053	-66.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$95.90 PAB95.90	$132.79 GNF1,153,376	+38.5%
Average			+50.6%

Panama City vs. Conakry - Cost of housing

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pay 59.6% less for childcare

	Panama City	Conakry
Private preschool for 1 child, monthly	$476.00 PAB476.00	??
Middle school for 1 child, two semesters	$15,733.33 PAB15,733.33	$6,362.45 GNF55,264,249	-59.6%
Average			-59.6%

Panama City vs. Conakry - Cost of childcare

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pay 10.2% less for entertainment and sports

	Panama City	Conakry
Domestic/local beer (1 pint)	$3.00 PAB3.00	$2.50 GNF21,715	-16.7%
Cappuccino in mid-range area	$3.61 PAB3.61	$3.32 GNF28,796	-8.2%
Pack of cigarettes Marlboro or similar	$5.92 PAB5.92	$1.16 GNF10,097	-80.4%
Monthly membership at local gym	$43.86 PAB43.86	$89.25 GNF775,219	+103.5%
Movie ticket to theater/cinema	$8.00 PAB8.00	$4.05 GNF35,193	-49.4%
Average			-10.2%

Panama City vs. Conakry - Cost of entertainment and sports

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pay 58.6% less for clothing

	Panama City	Conakry
Regular jeans Levi's brand	$50.00 PAB50.00	$20.00 GNF173,720	-60.0%
Regular dress from H&M or similar store	$47.50 PAB47.50	$25.00 GNF217,150	-47.4%
Running shoes Nike or Adidas	$89.55 PAB89.55	$30.00 GNF260,580	-66.5%
Men's business shoes (leather)	$126.88 PAB126.88	$50.00 GNF434,300	-60.6%
Average			-58.6%

Panama City vs. Conakry - Cost of clothing

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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: December 2025

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