Cost of living comparison
Gibraltar is 39.1% more expensive than Panama City.
If you lived in Gibraltar instead of Panama City, you would:
pay 33.3% more for restaurants
Panama City
|
Gibraltar
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
$17.39
GIP13.88
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
PAB7.00
|
$8.69
GIP6.94
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.73
PAB1.73
|
$1.71
GIP1.36
|
|
Bottle of water (11 fl. oz) |
$1.34
PAB1.34
|
$1.82
GIP1.45
|
|
pay 1.9% less for groceries
Panama City
|
Gibraltar
|
||
---|---|---|---|
Bread
1 loaf
|
$2.36
PAB2.36
|
$1.73
GIP1.38
|
|
Local cheese (8 oz) |
$4.56
PAB4.56
|
$4.16
GIP3.32
|
|
Milk (1 gallon) |
$6.17
PAB6.17
|
$3.96
GIP3.16
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$2.59
GIP2.07
|
|
Boneless chicken breast (1 lb) |
$3.23
PAB3.23
|
$3.81
GIP3.04
|
|
Apples (1 lb) |
$1.43
PAB1.43
|
$2.23
GIP1.78
|
|
Bananas (1 lb) |
$0.60
PAB0.60
|
$0.90
GIP0.72
|
|
Oranges (1 lb) |
$1.36
PAB1.36
|
$0.98
GIP0.78
|
|
Tomatoes (1 lb) |
$1.53
PAB1.53
|
$0.95
GIP0.76
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.77
GIP0.62
|
|
Onions (1 lb) |
$0.94
PAB0.94
|
$0.81
GIP0.64
|
|
pay 18.0% more for transportation
Panama City
|
Gibraltar
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.18
PAB4.18
|
$5.23
GIP4.18
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$12.42
GIP9.92
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$33,381.44
GIP26,653.98
|
|
Taxi trip in downtown area (5 miles) |
$16.80
PAB16.80
|
$24.72
GIP19.74
|
|
pay 75.8% more for housing
Panama City
|
Gibraltar
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.20
PAB50.20
|
$51.65
GIP41.24
|
|
1-Bedroom apartment in downtown area |
$900.91
PAB900.91
|
$1,771.10
GIP1,414.17
|
|
1-Bedroom apartment outside city center |
$515.48
PAB515.48
|
$1,551.15
GIP1,238.54
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.33
PAB82.33
|
$84.77
GIP67.69
|
|
pay 68.7% more for childcare
Panama City
|
Gibraltar
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$420.62
PAB420.62
|
$897.07
GIP716.28
|
|
Middle school for 1 child, two semesters |
$9,343.71
PAB9,343.71
|
$11,592.94
GIP9,256.58
|
|
pay 30.0% more for entertainment and sports
Panama City
|
Gibraltar
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$4.04
GIP3.22
|
|
Cappuccino in mid-range area |
$3.51
PAB3.51
|
$2.86
GIP2.28
|
|
Pack of cigarettes
Marlboro or similar
|
$5.78
PAB5.78
|
$4.22
GIP3.37
|
|
Monthly membership at local gym |
$42.79
PAB42.79
|
$67.59
GIP53.97
|
|
Movie ticket to theater/cinema |
$6.00
PAB6.00
|
$10.56
GIP8.43
|
|
pay 49.5% more for clothing
Panama City
|
Gibraltar
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.50
PAB53.50
|
$122.27
GIP97.63
|
|
Regular dress
from H&M or similar store
|
$41.33
PAB41.33
|
$40.76
GIP32.54
|
|
Running shoes
Nike or Adidas
|
$74.88
PAB74.88
|
$125.94
GIP100.56
|
|
Men's business shoes (leather) |
$90.67
PAB90.67
|
$93.16
GIP74.38
|
|
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