Cost of living comparison
Singapore is 2.0 times more expensive than Panama City.
If you lived in Singapore instead of Panama City, you would:
pay 13.3% less for restaurants
Panama City
|
Singapore
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
$7.52
$10.25
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
PAB7.00
|
$6.77
$9.22
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.73
PAB1.73
|
$1.59
$2.16
|
|
Bottle of water (11 fl. oz) |
$1.34
PAB1.34
|
$1.12
$1.52
|
|
pay 37.3% more for groceries
Panama City
|
Singapore
|
||
---|---|---|---|
Bread
1 loaf
|
$2.36
PAB2.36
|
$2.08
$2.83
|
|
Local cheese (8 oz) |
$4.56
PAB4.56
|
$9.38
$12.78
|
|
Milk (1 gallon) |
$6.17
PAB6.17
|
$10.93
$14.89
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$2.96
$4.03
|
|
Boneless chicken breast (1 lb) |
$3.23
PAB3.23
|
$4.13
$5.62
|
|
Apples (1 lb) |
$1.43
PAB1.43
|
$1.77
$2.41
|
|
Bananas (1 lb) |
$0.60
PAB0.60
|
$1.23
$1.68
|
|
Oranges (1 lb) |
$1.36
PAB1.36
|
$1.77
$2.41
|
|
Tomatoes (1 lb) |
$1.53
PAB1.53
|
$1.37
$1.87
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$1.04
$1.42
|
|
Onions (1 lb) |
$0.94
PAB0.94
|
$1.03
$1.41
|
|
pay 2.9 times more for transportation
Panama City
|
Singapore
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.18
PAB4.18
|
$8.83
$12.03
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$96.26
$131.16
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$112,798.92
$153,699.80
|
|
Taxi trip in downtown area (5 miles) |
$16.80
PAB16.80
|
$9.02
$12.30
|
|
pay 2.7 times more for housing
Panama City
|
Singapore
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$50.20
PAB50.20
|
$36.32
$49.49
|
|
1-Bedroom apartment in downtown area |
$900.91
PAB900.91
|
$3,603.58
$4,910.24
|
|
1-Bedroom apartment outside city center |
$515.48
PAB515.48
|
$2,425.90
$3,305.53
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.33
PAB82.33
|
$123.15
$167.80
|
|
pay 3.0 times more for childcare
Panama City
|
Singapore
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$420.62
PAB420.62
|
$1,261.73
$1,719.23
|
|
Middle school for 1 child, two semesters |
$9,343.71
PAB9,343.71
|
$27,366.80
$37,290.01
|
|
pay 2.2 times more for entertainment and sports
Panama City
|
Singapore
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$7.52
$10.25
|
|
Cappuccino in mid-range area |
$3.51
PAB3.51
|
$4.69
$6.39
|
|
Pack of cigarettes
Marlboro or similar
|
$5.78
PAB5.78
|
$11.28
$15.37
|
|
Monthly membership at local gym |
$42.79
PAB42.79
|
$113.03
$154.02
|
|
Movie ticket to theater/cinema |
$6.00
PAB6.00
|
$10.90
$14.86
|
|
pay 26.7% more for clothing
Panama City
|
Singapore
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.50
PAB53.50
|
$74.80
$101.92
|
|
Regular dress
from H&M or similar store
|
$41.33
PAB41.33
|
$41.62
$56.71
|
|
Running shoes
Nike or Adidas
|
$74.88
PAB74.88
|
$107.10
$145.94
|
|
Men's business shoes (leather) |
$90.67
PAB90.67
|
$111.86
$152.43
|
|
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