Cost of living in Panama City, Panama

These prices are based on abundant and consistent data. They are very reliable. They are based on 1,859 prices entered by 141 different people.
Latest price update: April 16, 2014.
Currency:
Food
Daily menu in the business district 9 B/.
Combo meal in fast food restaurant (Big Mac Meal or similar) 5.19 B/.
1/2 Kg (1 lb.) of boneless chicken breast 3.74 B/.
1 liter (1 qt.) of whole fat milk 1.46 B/.
12 eggs, large 2.20 B/.
1 kg (2 lb.) of tomatoes 2.98 B/.
500 gr (16 oz.) of local cheese 2.99 B/.
1 kg (2 lb.) of apples 2.67 B/.
2 kg (4,5 lb.) of potatoes 3.14 B/.
0.5 l (16 oz) domestic beer in the supermarket 0.91 B/.
1 bottle of red table wine, good quality 8 B/.
2 liters of Coca-Cola 2.01 B/.
Bread for 2 people for 1 day 1.54 B/.
Housing
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area 2,459 B/.
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat 118 B/.
Internet 8MB (1 month) 43 B/.
40” flat screen TV 668 B/.
Microwave, known brand, 800/900 Watt 120 B/.
Laundry detergent (3 l. ~ 100 oz.) 8 B/.
Hourly rate for cleaning help 4.62 B/.
Clothes
1 pair of jeans (Levis 501 or similar) 55 B/.
1 summer dress in a chain store (Zara, H&M, ...) 37 B/.
1 pair of sport shoes (Nike, Adidas, or similar) 64 B/.
1 pair of leather business shoes 73 B/.
Transportation
Volkswagen Golf 2.0 TDI 140 CV 6 vel. (or equivalent), with no extras, new 20,980 B/.
1 liter (1/4 gallon) of gas 1.07 B/.
Monthly ticket public transport 19 B/.
Taxi trip on a business day, basic tariff, 8 Km. (5 miles) 13 B/.
Personal Care
Medicine against cold for 6 days (Frenadol, Coldrex, ...) 12 B/.
1 box of 32 tampons (Tampax, OB, ...) 5.56 B/.
Deodorant, roll-on (50ml ~ 1.5 oz.) 3.40 B/.
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) 5.77 B/.
4 rolls of toilet paper 2.57 B/.
Tube of toothpaste 2.35 B/.
Standard men's haircut in expat area of the city 12 B/.
Entertainment
Basic dinner out for two in neighborhood pub 36 B/.
2 tickets to the movies 9 B/.
2 tickets to the theater (best available seats) 71 B/.
Dinner out for two in Italian restaurant with wine and dessert 56 B/.
1 cocktail drink in downtown club 9 B/.
Capuccino in expat area of the city 2.41 B/.
1 beer in neighbourhood pub (500ml or 1pt.) 2.18 B/.
iPod nano 16GB 168 B/.
1 min. of prepaid mobile tariff (no discounts or plans) 0.18 B/.
1 month of gym membership in business district 50 B/.
1 package of Marlboro cigarretes 4.50 B/.

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