Cost of living comparison
Mexico City is 13.9% cheaper than Panama City.
If you lived in Mexico City instead of Panama City, you would:
pay 24.7% less for restaurants
Panama City
|
Mexico City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
$8.28
MX$140.44
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
PAB7.00
|
$6.95
MX$117.93
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.73
PAB1.73
|
$1.06
MX$18.02
|
|
Bottle of water (11 fl. oz) |
$1.34
PAB1.34
|
$0.78
MX$13.16
|
|
pay 15.7% less for groceries
Panama City
|
Mexico City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.36
PAB2.36
|
$2.09
MX$35.39
|
|
Local cheese (8 oz) |
$4.56
PAB4.56
|
$4.43
MX$75.23
|
|
Milk (1 gallon) |
$6.17
PAB6.17
|
$5.45
MX$92.42
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$2.15
MX$36.51
|
|
Boneless chicken breast (1 lb) |
$3.23
PAB3.23
|
$3.19
MX$54.07
|
|
Apples (1 lb) |
$1.43
PAB1.43
|
$1.21
MX$20.52
|
|
Bananas (1 lb) |
$0.60
PAB0.60
|
$0.62
MX$10.52
|
|
Oranges (1 lb) |
$1.36
PAB1.36
|
$0.71
MX$12.03
|
|
Tomatoes (1 lb) |
$1.53
PAB1.53
|
$0.76
MX$12.94
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.78
MX$13.29
|
|
Onions (1 lb) |
$0.94
PAB0.94
|
$0.73
MX$12.46
|
|
pay 19.8% less for transportation
Panama City
|
Mexico City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.18
PAB4.18
|
$4.92
MX$83.56
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$17.77
MX$301.63
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$22,067.99
MX$374,493.82
|
|
Taxi trip in downtown area (5 miles) |
$16.80
PAB16.80
|
$5.52
MX$93.62
|
|
pay 27.6% less for housing
Panama City
|
Mexico City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.20
PAB50.20
|
$28.01
MX$475.29
|
|
1-Bedroom apartment in downtown area |
$900.91
PAB900.91
|
$826.42
MX$14,024.30
|
|
1-Bedroom apartment outside city center |
$515.48
PAB515.48
|
$480.11
MX$8,147.51
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.33
PAB82.33
|
$40.24
MX$682.88
|
|
pay 7.6% less for childcare
Panama City
|
Mexico City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$420.62
PAB420.62
|
$377.91
MX$6,413.21
|
|
Middle school for 1 child, two semesters |
$9,343.71
PAB9,343.71
|
$8,870.11
MX$150,525.71
|
|
pay 8.2% less for entertainment and sports
Panama City
|
Mexico City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$2.76
MX$46.81
|
|
Cappuccino in mid-range area |
$3.51
PAB3.51
|
$2.89
MX$48.99
|
|
Pack of cigarettes
Marlboro or similar
|
$5.78
PAB5.78
|
$3.86
MX$65.54
|
|
Monthly membership at local gym |
$42.79
PAB42.79
|
$49.94
MX$847.53
|
|
Movie ticket to theater/cinema |
$6.00
PAB6.00
|
$4.97
MX$84.26
|
|
pay 6.4% more for clothing
Panama City
|
Mexico City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.50
PAB53.50
|
$56.86
MX$964.87
|
|
Regular dress
from H&M or similar store
|
$41.33
PAB41.33
|
$37.51
MX$636.56
|
|
Running shoes
Nike or Adidas
|
$74.88
PAB74.88
|
$92.48
MX$1,569.42
|
|
Men's business shoes (leather) |
$90.67
PAB90.67
|
$95.13
MX$1,614.28
|
|
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