Cost of living comparison
Panama is 55.9% cheaper than Switzerland.
If you lived in Panama instead of Switzerland, you would:
pay 65.1% less for restaurants
Switzerland
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$26.06
CHF23.84
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$16.57
CHF15.16
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$4.36
CHF3.99
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$3.85
CHF3.53
|
$1.16
PAB1.16
|
|
pay 38.9% less for groceries
Switzerland
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$3.23
CHF2.96
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$14.05
CHF12.85
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$6.73
CHF6.16
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$6.47
CHF5.92
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$11.61
CHF10.62
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$1.92
CHF1.75
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$1.29
CHF1.18
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$1.50
CHF1.38
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$2.00
CHF1.83
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$1.16
CHF1.06
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.15
CHF1.05
|
$0.96
PAB0.96
|
|
pay 55.4% less for transportation
Switzerland
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.86
CHF7.19
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$101.99
CHF93.30
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,369.68
CHF31,444.06
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$39.48
CHF36.12
|
$15.79
PAB15.79
|
|
pay 49.8% less for housing
Switzerland
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.09
CHF53.14
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$1,527.18
CHF1,397.18
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$1,267.40
CHF1,159.52
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$182.90
CHF167.33
|
$62.88
PAB62.88
|
|
pay 84.1% less for childcare
Switzerland
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$2,253.56
CHF2,061.74
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$28,390.10
CHF25,973.48
|
$6,185.93
PAB6,185.93
|
|
pay 55.6% less for entertainment and sports
Switzerland
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.80
CHF6.22
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$5.05
CHF4.62
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$9.54
CHF8.73
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$88.43
CHF80.90
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$20.14
CHF18.43
|
$4.88
PAB4.88
|
|
pay 42.5% less for clothing
Switzerland
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.16
CHF101.69
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$56.12
CHF51.35
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$131.83
CHF120.61
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$170.76
CHF156.23
|
$94.12
PAB94.12
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama or Switzerland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.