Cost of living comparison
Panama is 3.8 times more expensive than Sri Lanka.
If you lived in Panama instead of Sri Lanka, you would:
pay 3.4 times more for restaurants
Sri Lanka
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.75
Rs527.51
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$4.38
Rs1,323.10
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.59
Rs177.91
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.23
Rs70.47
|
$1.16
PAB1.16
|
|
pay 94.2% more for groceries
Sri Lanka
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.52
Rs155.85
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$4.18
Rs1,262.64
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$4.78
Rs1,442.43
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$1.54
Rs464.40
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$1.66
Rs500.94
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$1.35
Rs408.81
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.31
Rs94.59
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$0.99
Rs298.60
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.51
Rs152.55
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.39
Rs118.31
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.30
Rs91.29
|
$0.96
PAB0.96
|
|
pay 4.0 times more for transportation
Sri Lanka
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.78
Rs1,140.39
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$3.26
Rs984.54
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,467.74
Rs8,900,938.67
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$2.65
Rs801.66
|
$15.79
PAB15.79
|
|
pay 4.5 times more for housing
Sri Lanka
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$10.65
Rs3,216.34
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$140.37
Rs42,399.78
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$70.41
Rs21,268.82
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.97
Rs9,053.46
|
$62.88
PAB62.88
|
|
pay 7.8 times more for childcare
Sri Lanka
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$30.93
Rs9,341.56
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$751.48
Rs226,989.52
|
$6,185.93
PAB6,185.93
|
|
pay 2.2 times more for entertainment and sports
Sri Lanka
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.66
Rs500.11
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$1.50
Rs453.15
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$5.56
Rs1,678.95
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$9.58
Rs2,893.92
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$2.40
Rs726.28
|
$4.88
PAB4.88
|
|
pay 2.7 times more for clothing
Sri Lanka
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$19.97
Rs6,030.85
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$13.20
Rs3,988.02
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$44.09
Rs13,316.34
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$26.84
Rs8,106.79
|
$94.12
PAB94.12
|
|
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