Cost of living comparison
Panama City is 6.7% more expensive than Riga.
If you lived in Panama City instead of Riga, you would:
pay 6.6% more for restaurants
Riga
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$11.91
€11.05
|
$12.00
PAB12.00
|
|
Fast food combo meal
McDonalds, or similar
|
$8.12
€7.54
|
$8.25
PAB8.25
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.59
€1.47
|
$1.76
PAB1.76
|
|
Bottle of water (11 fl. oz) |
$1.17
€1.09
|
$1.33
PAB1.33
|
|
pay 42.5% more for groceries
Riga
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$1.45
€1.35
|
$2.40
PAB2.40
|
|
Local cheese (8 oz) |
$5.46
€5.07
|
$5.44
PAB5.44
|
|
Milk (1 gallon) |
$4.69
€4.35
|
$6.66
PAB6.66
|
|
Eggs
1 dozen
|
$2.74
€2.54
|
$2.54
PAB2.54
|
|
Boneless chicken breast (1 lb) |
$3.16
€2.93
|
$3.39
PAB3.39
|
|
Apples (1 lb) |
$0.68
€0.63
|
$1.40
PAB1.40
|
|
Bananas (1 lb) |
$0.82
€0.76
|
$0.62
PAB0.62
|
|
Oranges (1 lb) |
$1.02
€0.94
|
$1.30
PAB1.30
|
|
Tomatoes (1 lb) |
$1.44
€1.34
|
$1.41
PAB1.41
|
|
Potatoes (1 lb) |
$0.38
€0.35
|
$0.94
PAB0.94
|
|
Onions (1 lb) |
$0.48
€0.44
|
$0.97
PAB0.97
|
|
pay 15.8% less for transportation
Riga
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.87
€6.37
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$32.49
€30.14
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,803.93
€24,867.35
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$11.37
€10.55
|
$14.00
PAB14.00
|
|
pay 71.4% more for housing
Riga
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.37
€15.18
|
$51.82
PAB51.82
|
|
1-Bedroom apartment in downtown area |
$539.93
€500.92
|
$925.91
PAB925.91
|
|
1-Bedroom apartment outside city center |
$363.88
€337.59
|
$598.61
PAB598.61
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$260.18
€241.38
|
$86.14
PAB86.14
|
|
pay 22.1% less for childcare
Riga
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$493.19
€457.56
|
$408.12
PAB408.12
|
|
Middle school for 1 child, two semesters |
$13,245.77
€12,288.76
|
$9,675.75
PAB9,675.75
|
|
pay 15.6% less for entertainment and sports
Riga
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.87
€4.52
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$3.33
€3.09
|
$3.70
PAB3.70
|
|
Pack of cigarettes
Marlboro or similar
|
$5.33
€4.95
|
$5.75
PAB5.75
|
|
Monthly membership at local gym |
$46.87
€43.49
|
$40.93
PAB40.93
|
|
Movie ticket to theater/cinema |
$10.83
€10.05
|
$7.00
PAB7.00
|
|
pay 20.2% less for clothing
Riga
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$85.73
€79.54
|
$53.94
PAB53.94
|
|
Regular dress
from H&M or similar store
|
$44.35
€41.15
|
$40.79
PAB40.79
|
|
Running shoes
Nike or Adidas
|
$92.66
€85.96
|
$82.58
PAB82.58
|
|
Men's business shoes (leather) |
$123.25
€114.35
|
$92.86
PAB92.86
|
|
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