Cost of living comparison
Santiago is 6.2% cheaper than Panama City.
If you lived in Santiago instead of Panama City, you would:
pay 3.2% less for restaurants
Panama City
|
Santiago
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.00
PAB12.00
|
$10.93
CLF0.3500
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
PAB8.25
|
$8.75
CLF0.2800
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.76
PAB1.76
|
$1.62
CLF0.0500
|
|
Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$1.31
CLF0.0400
|
|
pay 13.4% less for groceries
Panama City
|
Santiago
|
||
---|---|---|---|
Bread
1 loaf
|
$2.40
PAB2.40
|
$1.64
CLF0.0500
|
|
Local cheese (8 oz) |
$5.44
PAB5.44
|
$5.60
CLF0.1800
|
|
Milk (1 gallon) |
$6.66
PAB6.66
|
$4.90
CLF0.1600
|
|
Eggs
1 dozen
|
$2.54
PAB2.54
|
$4.00
CLF0.1300
|
|
Boneless chicken breast (1 lb) |
$3.39
PAB3.39
|
$3.05
CLF0.1000
|
|
Apples (1 lb) |
$1.40
PAB1.40
|
$0.93
CLF0.0300
|
|
Bananas (1 lb) |
$0.62
PAB0.62
|
$0.77
CLF0.0200
|
|
Oranges (1 lb) |
$1.30
PAB1.30
|
$0.83
CLF0.0300
|
|
Tomatoes (1 lb) |
$1.41
PAB1.41
|
$0.84
CLF0.0300
|
|
Potatoes (1 lb) |
$0.94
PAB0.94
|
$0.74
CLF0.0200
|
|
Onions (1 lb) |
$0.97
PAB0.97
|
$0.66
CLF0.0200
|
|
pay 21.9% more for transportation
Panama City
|
Santiago
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.36
CLF0.1700
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$43.74
CLF1.4100
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$17,494.37
CLF564.9100
|
|
Taxi trip in downtown area (5 miles) |
$14.00
PAB14.00
|
$12.46
CLF0.4000
|
|
pay 21.5% less for housing
Panama City
|
Santiago
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$51.82
PAB51.82
|
$21.91
CLF0.7100
|
|
1-Bedroom apartment in downtown area |
$925.91
PAB925.91
|
$543.19
CLF17.5400
|
|
1-Bedroom apartment outside city center |
$598.61
PAB598.61
|
$457.36
CLF14.7700
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.14
PAB86.14
|
$117.58
CLF3.8000
|
|
pay 14.9% less for childcare
Panama City
|
Santiago
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$408.12
PAB408.12
|
$405.22
CLF13.0800
|
|
Middle school for 1 child, two semesters |
$9,675.75
PAB9,675.75
|
$6,858.55
CLF221.4700
|
|
pay 1.4% less for entertainment and sports
Panama City
|
Santiago
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$3.28
CLF0.1100
|
|
Cappuccino in mid-range area |
$3.70
PAB3.70
|
$2.97
CLF0.1000
|
|
Pack of cigarettes
Marlboro or similar
|
$5.75
PAB5.75
|
$5.47
CLF0.1800
|
|
Monthly membership at local gym |
$40.93
PAB40.93
|
$39.95
CLF1.2900
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$6.23
CLF0.2000
|
|
pay 11.1% less for clothing
Panama City
|
Santiago
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.94
PAB53.94
|
$54.28
CLF1.7500
|
|
Regular dress
from H&M or similar store
|
$40.79
PAB40.79
|
$32.49
CLF1.0500
|
|
Running shoes
Nike or Adidas
|
$82.58
PAB82.58
|
$74.64
CLF2.4100
|
|
Men's business shoes (leather) |
$92.86
PAB92.86
|
$78.76
CLF2.5400
|
|
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