Cost of living comparison
Praia is 26.9% cheaper than Panama City.
If you lived in Praia instead of Panama City, you would:
pay 28.9% less for restaurants
Panama City
|
Praia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
$4.67
CVE484.24
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
PAB7.00
|
$5.91
CVE612.71
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.73
PAB1.73
|
$1.41
CVE146.41
|
|
Bottle of water (11 fl. oz) |
$1.34
PAB1.34
|
$0.96
CVE98.97
|
|
pay 22.6% less for groceries
Panama City
|
Praia
|
||
---|---|---|---|
Bread
1 loaf
|
$2.36
PAB2.36
|
$1.19
CVE122.80
|
|
Local cheese (8 oz) |
$4.56
PAB4.56
|
$3.22
CVE333.81
|
|
Milk (1 gallon) |
$6.17
PAB6.17
|
$3.53
CVE365.94
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$2.47
CVE255.98
|
|
Boneless chicken breast (1 lb) |
$3.23
PAB3.23
|
$1.98
CVE204.97
|
|
Apples (1 lb) |
$1.43
PAB1.43
|
$1.23
CVE127.38
|
|
Bananas (1 lb) |
$0.60
PAB0.60
|
$0.89
CVE92.64
|
|
Oranges (1 lb) |
$1.36
PAB1.36
|
$0.89
CVE92.64
|
|
Tomatoes (1 lb) |
$1.53
PAB1.53
|
$0.94
CVE97.27
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.60
CVE62.53
|
|
Onions (1 lb) |
$0.94
PAB0.94
|
$0.65
CVE67.16
|
|
pay 8.6% more for transportation
Panama City
|
Praia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.18
PAB4.18
|
$6.38
CVE661.38
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$20.69
CVE2,144.49
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$26,607.54
CVE2,757,206.21
|
|
Taxi trip in downtown area (5 miles) |
$16.80
PAB16.80
|
$13.30
CVE1,378.60
|
|
pay 37.1% less for housing
Panama City
|
Praia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.20
PAB50.20
|
$60.11
CVE6,229.24
|
|
1-Bedroom apartment in downtown area |
$900.91
PAB900.91
|
$246.37
CVE25,529.69
|
|
1-Bedroom apartment outside city center |
$515.48
PAB515.48
|
$148.36
CVE15,374.04
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.33
PAB82.33
|
$62.56
CVE6,482.78
|
|
pay 85.2% less for childcare
Panama City
|
Praia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$420.62
PAB420.62
|
$76.40
CVE7,917.00
|
|
Middle school for 1 child, two semesters |
$9,343.71
PAB9,343.71
|
$1,064.30
CVE110,288.25
|
|
pay 25.2% less for entertainment and sports
Panama City
|
Praia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$2.27
CVE235.64
|
|
Cappuccino in mid-range area |
$3.51
PAB3.51
|
$1.49
CVE154.11
|
|
Pack of cigarettes
Marlboro or similar
|
$5.78
PAB5.78
|
$4.43
CVE459.53
|
|
Monthly membership at local gym |
$42.79
PAB42.79
|
$27.92
CVE2,893.36
|
|
Movie ticket to theater/cinema |
$6.00
PAB6.00
|
$5.91
CVE612.71
|
|
pay 2.4% more for clothing
Panama City
|
Praia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.50
PAB53.50
|
?? | |
Regular dress
from H&M or similar store
|
$41.33
PAB41.33
|
$29.56
CVE3,063.56
|
|
Running shoes
Nike or Adidas
|
$74.88
PAB74.88
|
$78.84
CVE8,169.50
|
|
Men's business shoes (leather) |
$90.67
PAB90.67
|
$118.26
CVE12,254.25
|
|
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