Cost of living comparison
Panama is 60.8% more expensive than Peru.
If you lived in Panama instead of Peru, you would:
pay 2.1 times more for restaurants
Peru
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.98
PEN10.95
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
PEN18.38
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.76
PEN2.78
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.46
PEN1.71
|
$1.16
PAB1.16
|
|
pay 98.3% more for groceries
Peru
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.30
PEN4.76
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$2.56
PEN9.39
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$4.32
PEN15.88
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$2.03
PEN7.46
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$2.13
PEN7.82
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$0.59
PEN2.15
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.42
PEN1.54
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$0.45
PEN1.64
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.42
PEN1.53
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.38
PEN1.38
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.39
PEN1.42
|
$0.96
PAB0.96
|
|
pay 19.0% more for transportation
Peru
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.30
PEN19.48
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$16.55
PEN60.77
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,417.59
PEN74,993.25
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$11.94
PEN43.84
|
$15.79
PAB15.79
|
|
pay 98.8% more for housing
Peru
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.53
PEN108.45
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$277.70
PEN1,019.98
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$204.62
PEN751.56
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$39.33
PEN144.46
|
$62.88
PAB62.88
|
|
pay 34.2% more for childcare
Peru
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$162.20
PEN595.77
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$4,852.04
PEN17,821.41
|
$6,185.93
PAB6,185.93
|
|
pay 18.0% more for entertainment and sports
Peru
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.83
PEN6.74
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$2.60
PEN9.54
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$4.57
PEN16.80
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$31.17
PEN114.47
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$4.59
PEN16.84
|
$4.88
PAB4.88
|
|
pay 42.2% more for clothing
Peru
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$40.11
PEN147.31
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$22.91
PEN84.15
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$67.62
PEN248.35
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$59.99
PEN220.34
|
$94.12
PAB94.12
|
|
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