Cost of living comparison
Copenhagen is 72.1% more expensive than Panama City.
If you lived in Copenhagen instead of Panama City, you would:
pay 95.5% more for restaurants
Panama City
|
Copenhagen
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
$19.03
DKK132.58
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
PAB7.00
|
$13.18
DKK91.79
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.73
PAB1.73
|
$3.32
DKK23.11
|
|
Bottle of water (11 fl. oz) |
$1.34
PAB1.34
|
$2.83
DKK19.74
|
|
pay 32.4% more for groceries
Panama City
|
Copenhagen
|
||
---|---|---|---|
Bread
1 loaf
|
$2.36
PAB2.36
|
$3.08
DKK21.43
|
|
Local cheese (8 oz) |
$4.56
PAB4.56
|
$6.50
DKK45.27
|
|
Milk (1 gallon) |
$6.17
PAB6.17
|
$7.51
DKK52.29
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$4.85
DKK33.75
|
|
Boneless chicken breast (1 lb) |
$3.23
PAB3.23
|
$5.26
DKK36.63
|
|
Apples (1 lb) |
$1.43
PAB1.43
|
$1.34
DKK9.31
|
|
Bananas (1 lb) |
$0.60
PAB0.60
|
$1.17
DKK8.12
|
|
Oranges (1 lb) |
$1.36
PAB1.36
|
$1.27
DKK8.86
|
|
Tomatoes (1 lb) |
$1.53
PAB1.53
|
$1.91
DKK13.33
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.84
DKK5.83
|
|
Onions (1 lb) |
$0.94
PAB0.94
|
$0.72
DKK5.04
|
|
pay 2.1 times more for transportation
Panama City
|
Copenhagen
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.18
PAB4.18
|
$8.69
DKK60.53
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$79.06
DKK550.73
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$40,992.01
DKK285,563.27
|
|
Taxi trip in downtown area (5 miles) |
$16.80
PAB16.80
|
$24.89
DKK173.38
|
|
pay 84.7% more for housing
Panama City
|
Copenhagen
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.20
PAB50.20
|
$37.33
DKK260.07
|
|
1-Bedroom apartment in downtown area |
$900.91
PAB900.91
|
$1,802.29
DKK12,555.32
|
|
1-Bedroom apartment outside city center |
$515.48
PAB515.48
|
$1,332.46
DKK9,282.31
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.33
PAB82.33
|
$169.53
DKK1,181.00
|
|
pay 2.0% more for childcare
Panama City
|
Copenhagen
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$420.62
PAB420.62
|
$530.51
DKK3,695.68
|
|
Middle school for 1 child, two semesters |
$9,343.71
PAB9,343.71
|
$7,272.42
DKK50,661.98
|
|
pay 2.1 times more for entertainment and sports
Panama City
|
Copenhagen
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$8.05
DKK56.09
|
|
Cappuccino in mid-range area |
$3.51
PAB3.51
|
$6.13
DKK42.72
|
|
Pack of cigarettes
Marlboro or similar
|
$5.78
PAB5.78
|
$8.78
DKK61.19
|
|
Monthly membership at local gym |
$42.79
PAB42.79
|
$43.50
DKK303.01
|
|
Movie ticket to theater/cinema |
$6.00
PAB6.00
|
$17.57
DKK122.38
|
|
pay 67.7% more for clothing
Panama City
|
Copenhagen
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.50
PAB53.50
|
$107.06
DKK745.78
|
|
Regular dress
from H&M or similar store
|
$41.33
PAB41.33
|
$51.35
DKK357.74
|
|
Running shoes
Nike or Adidas
|
$74.88
PAB74.88
|
$119.70
DKK833.86
|
|
Men's business shoes (leather) |
$90.67
PAB90.67
|
$169.20
DKK1,178.69
|
|
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