Cost of living comparison
Panama City is 6.7% more expensive than Taipei.
If you lived in Panama City instead of Taipei, you would:
pay 67.2% more for restaurants
Taipei
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.92
NT$192.02
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$4.93
NT$160.02
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.07
NT$34.71
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$0.68
NT$22.09
|
$1.34
PAB1.34
|
|
pay 23.6% less for groceries
Taipei
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.01
NT$65.36
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$8.55
NT$277.20
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$11.77
NT$381.93
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$3.41
NT$110.69
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$4.21
NT$136.43
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$2.13
NT$68.96
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$1.02
NT$32.94
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.28
NT$41.38
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$1.63
NT$52.85
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$1.29
NT$41.91
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.15
NT$37.46
|
$0.94
PAB0.94
|
|
pay 4.3% more for transportation
Taipei
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.89
NT$126.09
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$42.09
NT$1,365.51
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,885.97
NT$1,066,804.53
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$9.21
NT$298.71
|
$16.80
PAB16.80
|
|
pay 44.6% more for housing
Taipei
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$26.10
NT$846.54
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$624.83
NT$20,269.29
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$417.75
NT$13,551.75
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.55
NT$2,256.07
|
$82.33
PAB82.33
|
|
pay 40.4% less for childcare
Taipei
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$689.69
NT$22,373.26
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$16,064.75
NT$521,132.36
|
$9,343.71
PAB9,343.71
|
|
pay 5.3% more for entertainment and sports
Taipei
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.14
NT$69.34
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$3.21
NT$104.20
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$4.28
NT$138.68
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$39.68
NT$1,287.32
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$10.52
NT$341.38
|
$6.00
PAB6.00
|
|
pay 10.2% less for clothing
Taipei
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$82.51
NT$2,676.73
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$30.23
NT$980.52
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$94.58
NT$3,068.19
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$115.17
NT$3,735.95
|
$90.67
PAB90.67
|
|
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