- Cost of Living
- Panama
- Denmark
- Colón
- Aalborg
- Comparison
Cost of living in Colón, Panama compared to Aalborg, Denmark
Currency:
| Food | - 12% | |||
|---|---|---|---|---|
| Food in Colón (Panama) is 12% cheaper than in Aalborg (Denmark) | ||||
| Basic lunchtime menu (including a drink) in the business district | 20 B/. (kr133) | kr120 | + 10% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 8 B/. (kr53) | kr67 | - 20% | |
| 500 gr (1 lb.) of boneless chicken breast | - | kr32 | - | |
| 1 liter (1 qt.) of whole fat milk | 1.75 B/. (kr12) | kr7 | + 68% | |
| 12 eggs, large | 4.00 B/. (kr27) | kr31 | - 15% | |
| 1 kg (2 lb.) of tomatoes | - | kr19 | - | |
| 500 gr (16 oz.) of local cheese | 5.50 B/. (kr37) | kr71 | - 49% | |
| 1 kg (2 lb.) of apples | - | kr19 | - | |
| 1 kg (2 lb.) of potatoes | - | kr10 | - | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.57 B/. (kr3.77) | kr11 | - 66% | |
| 1 bottle of red table wine, good quality | - | kr75 | - | |
| 2 liters of Coca-Cola | 2.00 B/. (kr13) | kr19 | - 31% | |
| Bread for 2 people for 1 day | 0.95 B/. (kr6) | kr11 | - 41% | |
| Housing | + 8% | |||
| Housing in Colón (Panama) is 8% more expensive than in Aalborg (Denmark) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,500 B/. (kr9,957) | kr8,234 | + 21% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 450 B/. (kr2,987) | kr5,774 | - 48% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 400 B/. (kr2,655) | kr1,187 | + 124% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 800 B/. (kr5,311) | kr4,951 | + 7% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 250 B/. (kr1,660) | kr3,714 | - 55% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | kr1,633 | - | |
| Internet 8 Mbps (1 month) | - | kr193 | - | |
| 40” flat screen TV | - | kr3,665 | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | kr716 | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | kr54 | - | |
| Hourly rate for cleaning help | - | kr169 | - | |
| Clothes | + 2% | |||
| Clothes in Colón (Panama) is 2% more expensive than in Aalborg (Denmark) | ||||
| 1 pair of jeans (Levis 501 or similar) | 60 B/. (kr398) | kr778 | - 49% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 60 B/. (kr398) | kr230 | + 73% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 80 B/. (kr531) | kr797 | - 33% | |
| 1 pair of men’s leather business shoes | 100 B/. (kr664) | kr1,287 | - 48% | |
| Transportation | - 44% | |||
| Transportation in Colón (Panama) is 44% cheaper than in Aalborg (Denmark) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 15,000 B/. (kr99,572) | kr305,266 | - 67% | |
| 1 liter (1/4 gallon) of gas | 0.81 B/. (kr5.38) | kr10 | - 46% | |
| Monthly ticket public transport | - | kr386 | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | - | - | |
| Personal Care | - 13% | |||
| Personal Care in Colón (Panama) is 13% cheaper than in Aalborg (Denmark) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | kr50 | - | |
| 1 box of antibiotics (12 doses) | - | kr73 | - | |
| Short visit to private Doctor (15 minutes) | - | - | - | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | kr58 | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | kr28 | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | kr29 | - | |
| 4 rolls of toilet paper | - | kr13 | - | |
| Tube of toothpaste | 1.50 B/. (kr10) | kr16 | - 38% | |
| Standard men's haircut in expat area of the city | 4.00 B/. (kr27) | kr168 | - 84% | |
| Entertainment | ||||
| Entertainment in Colón (Panama) is in Aalborg (Denmark) | ||||
| Basic dinner out for two in neighborhood pub | - | kr337 | - | |
| 2 tickets to the movies | - | kr190 | - | |
| 2 tickets to the theater (best available seats) | - | kr475 | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | - | kr636 | - | |
| 1 cocktail drink in downtown club | - | kr70 | - | |
| Cappuccino in expat area of the city | - | kr42 | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | kr33 | - | |
| iPad Wi-Fi 128GB | - | kr3,332 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | kr0.91 | - | |
| 1 month of gym membership in business district | - | kr250 | - | |
| 1 package of Marlboro cigarettes | - | kr42 | - | |
| TOTAL | - 15% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 77 prices entered by 9 different people.
These prices were last updated on September 13, 2018.
Exchange rate:
6.638
DKK
/
PAB
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Cost of living in Colón (Panama) is 15% cheaper than in Aalborg (Denmark)
For example, to keep the same standard of living that would require
kr24,000
in Aalborg
you would need to make just about kr20,459
(3,082 B/.)
in Colón.
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