Cost of living comparison
Panama is 2.4 times more expensive than Turkey.
If you lived in Panama instead of Turkey, you would:
pay 3.1 times more for restaurants
Turkey
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.01
₺97.89
|
$7.70
PAB7.70
|
|
Fast food combo meal
McDonalds, or similar
|
$3.65
₺118.47
|
$7.45
PAB7.45
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.62
₺20.15
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.22
₺7.08
|
$1.16
PAB1.16
|
|
pay 3.1 times more for groceries
Turkey
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.39
₺12.75
|
$1.94
PAB1.94
|
|
Local cheese (8 oz) |
$2.61
₺84.95
|
$5.35
PAB5.35
|
|
Milk (1 gallon) |
$3.07
₺99.84
|
$6.06
PAB6.06
|
|
Eggs
1 dozen
|
$1.40
₺45.54
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$1.59
₺51.67
|
$2.67
PAB2.67
|
|
Apples (1 lb) |
$0.30
₺9.83
|
$1.75
PAB1.75
|
|
Bananas (1 lb) |
$0.52
₺16.96
|
$0.55
PAB0.55
|
|
Oranges (1 lb) |
$0.31
₺9.97
|
$1.06
PAB1.06
|
|
Tomatoes (1 lb) |
$0.42
₺13.73
|
$1.23
PAB1.23
|
|
Potatoes (1 lb) |
$0.22
₺7.13
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.19
₺6.30
|
$0.96
PAB0.96
|
|
pay 74.7% more for transportation
Turkey
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.34
₺140.89
|
$4.07
PAB4.07
|
|
Monthly public transit pass |
$15.27
₺496.13
|
$27.50
PAB27.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,350.89
₺1,115,909.11
|
$20,583.33
PAB20,583.33
|
|
Taxi trip in downtown area (5 miles) |
$4.33
₺140.50
|
$15.79
PAB15.79
|
|
pay 3.4 times more for housing
Turkey
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$8.38
₺272.16
|
$49.92
PAB49.92
|
|
1-Bedroom apartment in downtown area |
$218.27
₺7,090.66
|
$696.35
PAB696.35
|
|
1-Bedroom apartment outside city center |
$144.02
₺4,678.68
|
$440.76
PAB440.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$49.50
₺1,608.02
|
$62.88
PAB62.88
|
|
pay 58.0% more for childcare
Turkey
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$165.99
₺5,392.36
|
$228.54
PAB228.54
|
|
Middle school for 1 child, two semesters |
$3,471.33
₺112,768.20
|
$6,185.93
PAB6,185.93
|
|
pay 2.1 times more for entertainment and sports
Turkey
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.90
₺61.86
|
$1.75
PAB1.75
|
|
Cappuccino in mid-range area |
$1.55
₺50.26
|
$3.22
PAB3.22
|
|
Pack of cigarettes
Marlboro or similar
|
$1.64
₺53.13
|
$5.43
PAB5.43
|
|
Monthly membership at local gym |
$20.05
₺651.26
|
$45.25
PAB45.25
|
|
Movie ticket to theater/cinema |
$2.50
₺81.19
|
$4.88
PAB4.88
|
|
pay 65.8% more for clothing
Turkey
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$29.99
₺974.17
|
$48.38
PAB48.38
|
|
Regular dress
from H&M or similar store
|
$25.86
₺840.03
|
$38.88
PAB38.88
|
|
Running shoes
Nike or Adidas
|
$62.92
₺2,044.08
|
$82.05
PAB82.05
|
|
Men's business shoes (leather) |
$42.57
₺1,382.78
|
$94.12
PAB94.12
|
|
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