Cost of living comparison
Panama City is 2.7 times more expensive than Turkey.
If you lived in Panama City instead of Turkey, you would:
pay 3.5 times more for restaurants
Turkey
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.01
₺96.45
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$3.65
₺116.72
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.62
₺19.85
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$0.22
₺6.98
|
$1.34
PAB1.34
|
|
pay 3.3 times more for groceries
Turkey
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$0.39
₺12.56
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$2.61
₺83.70
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$3.07
₺98.37
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$1.40
₺44.87
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$1.59
₺50.91
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$0.30
₺9.68
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$0.52
₺16.71
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$0.31
₺9.82
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$0.42
₺13.52
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$0.22
₺7.02
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.19
₺6.20
|
$0.94
PAB0.94
|
|
pay 78.3% more for transportation
Turkey
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.34
₺138.82
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$15.27
₺488.82
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,350.89
₺1,099,479.15
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$4.33
₺138.43
|
$16.80
PAB16.80
|
|
pay 3.8 times more for housing
Turkey
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$8.38
₺268.15
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$218.27
₺6,986.26
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$144.02
₺4,609.79
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$49.50
₺1,584.35
|
$82.33
PAB82.33
|
|
pay 2.6 times more for childcare
Turkey
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$165.99
₺5,312.97
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$3,471.33
₺111,107.87
|
$9,343.71
PAB9,343.71
|
|
pay 2.3 times more for entertainment and sports
Turkey
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.90
₺60.95
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$1.55
₺49.52
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$1.64
₺52.34
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$20.05
₺641.67
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$2.50
₺80.00
|
$6.00
PAB6.00
|
|
pay 67.5% more for clothing
Turkey
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$29.99
₺959.83
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$25.86
₺827.66
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$62.92
₺2,013.99
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$42.57
₺1,362.42
|
$90.67
PAB90.67
|
|
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