Cost of Living Comparison

PAB

COMPARED TO

TRY

Cost of living

Turkey is 49.8% cheaper than Panama City.

If you lived in Turkey instead of Panama City, you would:

pay 68.8% less for restaurants

	Panama City	Turkey
Basic meal with drink at inexpensive restaurant	$12.50 PAB12.50	$3.15 ₺11.23	-74.8%
Fast food combo meal McDonalds, or similar	$7.00 PAB7.00	$3.04 ₺10.83	-56.6%
Bottle of Coca-Cola (11 fl. oz)	$1.40 PAB1.40	$0.55 ₺1.96	-60.7%
Bottle of water (11 fl. oz)	$1.14 PAB1.14	$0.20 ₺0.70	-82.9%
Average			-68.8%

Panama City vs. Turkey - Cost of restaurants

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pay 61.7% less for groceries

	Panama City	Turkey
Bread 1 loaf	$1.90 PAB1.90	$0.31 ₺1.10	-83.8%
Local cheese (8 oz)	$5.18 PAB5.18	$2.57 ₺9.15	-50.5%
Milk (1 gallon)	$5.79 PAB5.79	$2.63 ₺9.39	-54.5%
Eggs 1 dozen	$2.18 PAB2.18	$1.37 ₺4.88	-37.0%
Boneless chicken breast (1 lb)	$3.49 PAB3.49	$1.08 ₺3.85	-69.1%
Apples (1 lb)	$1.67 PAB1.67	$0.33 ₺1.16	-80.6%
Bananas (1 lb)	$0.80 PAB0.80	$0.79 ₺2.81	-1.2%
Oranges (1 lb)	$1.16 PAB1.16	$0.43 ₺1.54	-62.8%
Tomatoes (1 lb)	$1.38 PAB1.38	$0.28 ₺1.00	-79.6%
Potatoes (1 lb)	$1.06 PAB1.06	$0.19 ₺0.67	-82.3%
Onions (1 lb)	$1.09 PAB1.09	$0.25 ₺0.89	-77.3%
Average			-61.7%

Panama City vs. Turkey - Cost of groceries

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pay 7.3% less for transportation

	Panama City	Turkey
Gasoline (1 gallon)	$2.95 PAB2.95	$3.22 ₺11.50	+9.4%
Monthly public transit pass	$19.00 PAB19.00	$20.93 ₺74.63	+10.2%
New Volkswagen Golf 1.4 (standard edition)	$19,500.00 PAB19,500.00	$23,871.04 ₺85,109.80	+22.4%
Taxi trip in downtown area (5 miles)	$18.00 PAB18.00	$5.20 ₺18.55	-71.1%
Average			-7.3%

Panama City vs. Turkey - Cost of transportation

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pay 68.8% less for housing

	Panama City	Turkey
Internet connection 50 mbps or faster, cable/dsl	$49.01 PAB49.01	$13.41 ₺47.80	-72.6%
1-Bedroom apartment in downtown area	$838.89 PAB838.89	$149.53 ₺533.13	-82.2%
1-Bedroom apartment outside city center	$570.45 PAB570.45	$107.80 ₺384.34	-81.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$78.80 PAB78.80	$47.99 ₺171.10	-39.1%
Average			-68.8%

Panama City vs. Turkey - Cost of housing

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pay 48.0% less for childcare

	Panama City	Turkey
Private preschool for 1 child, monthly	$295.00 PAB295.00	$177.30 ₺632.16	-39.9%
Middle school for 1 child, two semesters	$7,710.53 PAB7,710.53	$3,388.31 ₺12,080.67	-56.1%
Average			-48.0%

Panama City vs. Turkey - Cost of childcare

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pay 50.1% less for entertainment and sports

	Panama City	Turkey
Domestic/local beer (1 pint)	$2.50 PAB2.50	$2.06 ₺7.34	-17.6%
Cappuccino in mid-range area	$3.13 PAB3.13	$1.48 ₺5.28	-52.7%
Pack of cigarettes Marlboro or similar	$6.00 PAB6.00	$2.35 ₺8.39	-60.8%
Monthly membership at local gym	$50.38 PAB50.38	$20.08 ₺71.61	-60.1%
Movie ticket to theater/cinema	$6.50 PAB6.50	$2.65 ₺9.46	-59.2%
Average			-50.1%

Panama City vs. Turkey - Cost of entertainment and sports

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pay 43.8% less for clothing

	Panama City	Turkey
Regular jeans Levi's brand	$50.00 PAB50.00	$28.86 ₺102.90	-42.3%
Regular dress from H&M or similar store	$40.80 PAB40.80	$20.84 ₺74.29	-48.9%
Running shoes Nike or Adidas	$69.20 PAB69.20	$50.61 ₺180.44	-26.9%
Men's business shoes (leather)	$93.26 PAB93.26	$40.01 ₺142.64	-57.1%
Average			-43.8%

Panama City vs. Turkey - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2021

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See the cost of living in Panama vs. Turkey. This provides a comparison of the average cost of living from cities within Panama and Turkey.

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