Cost of living comparison
Germany is 56.3% more expensive than Panama.
If you lived in Germany instead of Panama, you would:
pay 73.8% more for restaurants
Panama
|
Germany
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$13.72
€12.53
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$10.18
€9.30
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$2.83
€2.58
|
|
Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$2.48
€2.27
|
|
pay 8.1% more for groceries
Panama
|
Germany
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.11
€1.93
|
|
Local cheese (8 oz) |
$5.28
PAB5.28
|
$6.75
€6.17
|
|
Milk (1 gallon) |
$6.34
PAB6.34
|
$4.24
€3.88
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$3.55
€3.24
|
|
Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$7.19
€6.57
|
|
Apples (1 lb) |
$1.87
PAB1.87
|
$1.26
€1.15
|
|
Bananas (1 lb) |
$0.56
PAB0.56
|
$0.65
€0.59
|
|
Oranges (1 lb) |
$1.31
PAB1.31
|
$1.00
€0.91
|
|
Tomatoes (1 lb) |
$1.32
PAB1.32
|
$1.39
€1.27
|
|
Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.72
€0.66
|
|
Onions (1 lb) |
$0.95
PAB0.95
|
$0.77
€0.71
|
|
pay 78.7% more for transportation
Panama
|
Germany
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.90
PAB3.90
|
$7.16
€6.55
|
|
Monthly public transit pass |
$23.33
PAB23.33
|
$54.61
€49.91
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$29,249.82
€26,728.98
|
|
Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$23.30
€21.29
|
|
pay 75.0% more for housing
Panama
|
Germany
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$49.15
€44.92
|
|
1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$800.45
€731.47
|
|
1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$616.33
€563.21
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$232.30
€212.28
|
|
pay 63.5% more for childcare
Panama
|
Germany
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$434.24
€396.81
|
|
Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$12,512.98
€11,434.58
|
|
pay 49.6% more for entertainment and sports
Panama
|
Germany
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$4.33
€3.96
|
|
Cappuccino in mid-range area |
$3.35
PAB3.35
|
$3.44
€3.15
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$8.81
€8.05
|
|
Monthly membership at local gym |
$58.09
PAB58.09
|
$35.42
€32.37
|
|
Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$12.56
€11.48
|
|
pay 45.2% more for clothing
Panama
|
Germany
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$83.65
€76.44
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$41.29
€37.73
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$89.84
€82.10
|
|
Men's business shoes (leather) |
$78.30
PAB78.30
|
$120.25
€109.88
|
|
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