Cost of Living Comparison

PAB

COMPARED TO

USD

Panama is 44.4% cheaper than Indiana.

If you lived in Indiana instead of Panama, you would:

pay 41.7% more for restaurants

	Panama	Indiana
Basic meal with drink at inexpensive restaurant	$7.40 PAB7.40	$12.77	+72.6%
Fast food combo meal McDonalds, or similar	$6.12 PAB6.12	$6.87	+12.1%
Bottle of Coca-Cola (11 fl. oz)	$1.38 PAB1.38	$1.74	+26.4%
Bottle of water (11 fl. oz)	$1.17 PAB1.17	$1.41	+20.0%

Panama vs. Indiana - Cost of restaurants

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pay 36.4% more for groceries

	Panama	Indiana
Bread 1 loaf	$2.03 PAB2.03	$2.09	+2.9%
Local cheese (8 oz)	$4.10 PAB4.10	$4.42	+7.8%
Milk (1 gallon)	$5.72 PAB5.72	$2.12	-63.0%
Eggs 1 dozen	$1.99 PAB1.99	$1.73	-12.7%
Boneless chicken breast (1 lb)	$2.64 PAB2.64	$3.26	+23.4%
Apples (1 lb)	$1.00 PAB1.00	$2.04	+103.5%
Bananas (1 lb)	$0.43 PAB0.43	$0.62	+43.9%
Oranges (1 lb)	$0.71 PAB0.71	$1.97	+175.5%
Tomatoes (1 lb)	$1.00 PAB1.00	$1.59	+59.2%
Potatoes (1 lb)	$0.58 PAB0.58	$1.03	+77.6%
Onions (1 lb)	$0.66 PAB0.66	$1.04	+56.6%

Panama vs. Indiana - Cost of groceries

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pay 37.3% more for transportation

	Panama	Indiana
Gasoline (1 gallon)	$2.91 PAB2.91	$2.56	-12.0%
Monthly public transit pass	$31.81 PAB31.81	$40.72	+28.0%
New Volkswagen Golf 1.4 (standard edition)	$15,666.67 PAB15,666.67	$21,516.46	+37.3%
Taxi trip in downtown area (5 miles)	$17.58 PAB17.58	$14.79	-15.9%

Panama vs. Indiana - Cost of transportation

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pay 47.3% more for housing

	Panama	Indiana
Internet connection 50 mbps or faster, cable/dsl	$42.57 PAB42.57	$57.96	+36.2%
1-Bedroom apartment in downtown area	$565.74 PAB565.74	$779.35	+37.8%
1-Bedroom apartment outside city center	$401.45 PAB401.45	$625.89	+55.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$69.11 PAB69.11	$125.73	+81.9%

Panama vs. Indiana - Cost of housing

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pay 3.5 times more for childcare

	Panama	Indiana
Private preschool for 1 child, monthly	$370.30 PAB370.30	$718.67	+94.1%
Middle school for 1 child, two semesters	$3,944.76 PAB3,944.76	$14,251.79	+261.3%

Panama vs. Indiana - Cost of childcare

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pay 3.7% more for entertainment and sports

	Panama	Indiana
Domestic/local beer (1 pint)	$1.85 PAB1.85	$3.98	+115.1%
Cappuccino in mid-range area	$2.08 PAB2.08	$3.95	+90.2%
Pack of cigarettes Marlboro or similar	$4.83 PAB4.83	$6.37	+31.8%
Monthly membership at local gym	$40.49 PAB40.49	$31.34	-22.6%
Movie ticket to theater/cinema	$4.70 PAB4.70	$10.32	+119.6%

Panama vs. Indiana - Cost of entertainment and sports

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pay 31.5% more for clothing

	Panama	Indiana
Regular jeans Levi's brand	$41.54 PAB41.54	$38.05	-8.4%
Regular dress from H&M or similar store	$26.12 PAB26.12	$31.37	+20.1%
Running shoes Nike or Adidas	$48.83 PAB48.83	$77.07	+57.8%
Men's business shoes (leather)	$56.65 PAB56.65	$81.12	+43.2%

Panama vs. Indiana - 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: January 2020

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