Cost of living comparison
Panama is 14.5% more expensive than Chile.
If you lived in Panama instead of Chile, you would:
pay 6.4% more for restaurants
Chile
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.70
CLF0.2600
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$7.45
CLF0.2500
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.36
CLF0.0500
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$1.13
CLF0.0400
|
$1.16
PAB1.16
|
|
pay 35.5% more for groceries
Chile
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.53
CLF0.0500
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$5.20
CLF0.1800
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$4.47
CLF0.1500
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$3.26
CLF0.1100
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$2.97
CLF0.1000
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$0.88
CLF0.0300
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$0.85
CLF0.0300
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$0.80
CLF0.0300
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$0.78
CLF0.0300
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$0.58
CLF0.0200
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.65
CLF0.0200
|
$0.95
PAB0.95
|
|
pay 9.7% less for transportation
Chile
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.42
CLF0.1800
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$36.91
CLF1.2500
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$16,597.16
CLF560.6700
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$14.85
CLF0.5000
|
$14.78
PAB14.78
|
|
pay 35.5% more for housing
Chile
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$24.66
CLF0.8300
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$479.74
CLF16.2100
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$367.24
CLF12.4100
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$91.70
CLF3.1000
|
$65.23
PAB65.23
|
|
pay 12.8% more for childcare
Chile
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$331.55
CLF11.2000
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$5,075.15
CLF171.4400
|
$6,443.94
PAB6,443.94
|
|
pay 10.5% more for entertainment and sports
Chile
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.75
CLF0.0900
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$2.92
CLF0.1000
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$5.16
CLF0.1700
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$40.42
CLF1.3700
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$5.92
CLF0.2000
|
$5.75
PAB5.75
|
|
pay 10.2% more for clothing
Chile
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.70
CLF1.5400
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$28.96
CLF0.9800
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$64.62
CLF2.1800
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$77.03
CLF2.6000
|
$78.30
PAB78.30
|
|
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