Cost of living comparison
Panama is 60.8% more expensive than Turkey.
If you lived in Panama instead of Turkey, you would:
pay 60.9% more for restaurants
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.91
TRY240.06
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.91
TRY240.10
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.17
TRY40.79
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.42
TRY14.70
|
$1.17
PAB1.17
|
|
pay 2.6 times more for groceries
|
Turkey
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.02
TRY35.27
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.97
TRY172.68
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.15
TRY109.48
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$1.40
TRY48.58
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.40
TRY83.30
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.37
TRY12.85
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.87
TRY30.32
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.42
TRY14.45
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.51
TRY17.71
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.25
TRY8.61
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.21
TRY7.39
|
$1.01
PAB1.01
|
|
pay 31.3% more for transportation
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.40
TRY152.83
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$19.27
TRY669.38
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$44,819.35
TRY1,557,024.44
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$6.29
TRY218.61
|
$16.61
PAB16.61
|
|
pay 2.3 times more for housing
|
Turkey
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$11.31
TRY392.78
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$442.81
TRY15,383.34
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$336.49
TRY11,689.75
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$44.46
TRY1,544.64
|
$69.20
PAB69.20
|
|
pay 15.6% less for childcare
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.60
TRY14,194.63
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$6,892.93
TRY239,460.29
|
$6,548.17
PAB6,548.17
|
|
pay 49.8% more for entertainment and sports
|
Turkey
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.54
TRY88.33
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.62
TRY91.07
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.91
TRY66.38
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$36.34
TRY1,262.39
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$5.10
TRY177.20
|
$5.33
PAB5.33
|
|
pay 5.8% more for clothing
|
Turkey
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.74
TRY1,484.84
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$40.74
TRY1,415.47
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$88.38
TRY3,070.31
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$74.39
TRY2,584.28
|
$100.42
PAB100.42
|
|
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