Cost of living comparison
Mexico City is 2.8% cheaper than Panama City.
If you lived in Mexico City instead of Panama City, you would:
pay 19.1% less for restaurants
Panama City
|
Mexico City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.00
PAB12.00
|
$10.09
MX$194.51
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
PAB8.25
|
$8.90
MX$171.63
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.76
PAB1.76
|
$1.21
MX$23.30
|
|
Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$0.84
MX$16.16
|
|
pay 3.7% less for groceries
Panama City
|
Mexico City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.40
PAB2.40
|
$2.63
MX$50.73
|
|
Local cheese (8 oz) |
$5.44
PAB5.44
|
$5.57
MX$107.40
|
|
Milk (1 gallon) |
$6.66
PAB6.66
|
$6.31
MX$121.66
|
|
Eggs
1 dozen
|
$2.54
PAB2.54
|
$2.49
MX$47.99
|
|
Boneless chicken breast (1 lb) |
$3.39
PAB3.39
|
$4.13
MX$79.64
|
|
Apples (1 lb) |
$1.40
PAB1.40
|
$1.42
MX$27.43
|
|
Bananas (1 lb) |
$0.62
PAB0.62
|
$0.70
MX$13.56
|
|
Oranges (1 lb) |
$1.30
PAB1.30
|
$0.82
MX$15.84
|
|
Tomatoes (1 lb) |
$1.41
PAB1.41
|
$0.91
MX$17.61
|
|
Potatoes (1 lb) |
$0.94
PAB0.94
|
$0.95
MX$18.28
|
|
Onions (1 lb) |
$0.97
PAB0.97
|
$0.87
MX$16.69
|
|
pay 7.3% less for transportation
Panama City
|
Mexico City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.46
MX$105.16
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$21.52
MX$414.89
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$21,960.54
MX$423,346.55
|
|
Taxi trip in downtown area (5 miles) |
$14.00
PAB14.00
|
$5.34
MX$102.98
|
|
pay 19.0% less for housing
Panama City
|
Mexico City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$51.82
PAB51.82
|
$27.98
MX$539.30
|
|
1-Bedroom apartment in downtown area |
$925.91
PAB925.91
|
$1,058.85
MX$20,412.17
|
|
1-Bedroom apartment outside city center |
$598.61
PAB598.61
|
$643.75
MX$12,409.95
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.14
PAB86.14
|
$41.48
MX$799.65
|
|
pay 3.8% more for childcare
Panama City
|
Mexico City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$408.12
PAB408.12
|
$408.19
MX$7,868.84
|
|
Middle school for 1 child, two semesters |
$9,675.75
PAB9,675.75
|
$10,042.62
MX$193,597.68
|
|
pay 4.9% more for entertainment and sports
Panama City
|
Mexico City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$2.97
MX$57.21
|
|
Cappuccino in mid-range area |
$3.70
PAB3.70
|
$3.52
MX$67.83
|
|
Pack of cigarettes
Marlboro or similar
|
$5.75
PAB5.75
|
$4.45
MX$85.81
|
|
Monthly membership at local gym |
$40.93
PAB40.93
|
$60.85
MX$1,173.13
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.94
MX$114.42
|
|
pay 20.6% more for clothing
Panama City
|
Mexico City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.94
PAB53.94
|
$66.94
MX$1,290.38
|
|
Regular dress
from H&M or similar store
|
$40.79
PAB40.79
|
$45.00
MX$867.48
|
|
Running shoes
Nike or Adidas
|
$82.58
PAB82.58
|
$110.60
MX$2,132.09
|
|
Men's business shoes (leather) |
$92.86
PAB92.86
|
$106.14
MX$2,046.19
|
|
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