Cost of living in Panama City (Panama) is 49% more expensive than in Ankara (Turkey)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,315 prices entered by 140 different people.
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Currency:
| Food | + 53% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 53% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 20 B/. (371TL) | 223TL | + 66% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (149TL) | 113TL | + 31% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.82 B/. (73TL) | 60TL | + 22% | |
| 1 liter (1 qt.) of whole fat milk | 1.70 B/. (32TL) | 23TL | + 41% | |
| 12 eggs, large | 2.69 B/. (51TL) | 35TL | + 45% | |
| 1 kg (2 lb.) of tomatoes | 2.39 B/. (45TL) | 26TL | + 73% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (160TL) | 108TL | + 48% | |
| 1 kg (2 lb.) of apples | 2.75 B/. (52TL) | 18TL | + 194% | |
| 1 kg (2 lb.) of potatoes | 1.99 B/. (38TL) | 13TL | + 197% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.42 B/. (27TL) | 44TL | - 39% | |
| 1 bottle of red table wine, good quality | 14 B/. (270TL) | 262TL | + 3% | |
| 2 liters of coca-cola | 2.47 B/. (47TL) | 30TL | + 56% | |
| Bread for 2 people for 1 day | 1.77 B/. (34TL) | 9TL | + 268% | |
| Housing | + 91% | |||
| Housing in Panama City (Panama) is 91% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,583 B/. (30,109TL) | 14,130TL | + 113% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 923 B/. (17,561TL) | 10,347TL | + 70% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 131 B/. (2,489TL) | 1,459TL | + 71% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,012 B/. (19,251TL) | 12,010TL | + 60% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 608 B/. (11,568TL) | 9,722TL | + 19% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 88 B/. (1,665TL) | 1,003TL | + 66% | |
| Internet 8 mbps (1 month) | 48 B/. (918TL) | 174TL | + 428% | |
| 40” flat screen tv | 337 B/. (6,409TL) | 6,588TL | - 3% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 110 B/. (2,093TL) | 2,863TL | - 27% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (170TL) | 117TL | + 46% | |
| Hourly rate for cleaning help | 5.54 B/. (105TL) | 69TL | + 53% | |
| Clothes | - 18% | |||
| Clothes in Panama City (Panama) is 18% cheaper than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 49 B/. (940TL) | 994TL | - 5% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (647TL) | 618TL | + 5% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 92 B/. (1,745TL) | 2,642TL | - 34% | |
| 1 pair of men’s leather business shoes | 94 B/. (1,785TL) | 3,884TL | - 54% | |
| Transportation | + 11% | |||
| Transportation in Panama City (Panama) is 11% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,776 B/. (433,142TL) | 843,838TL | - 49% | |
| 1 liter (1/4 gallon) of gas | 1.30 B/. (25TL) | 22TL | + 14% | |
| Monthly ticket public transport | 42 B/. (792TL) | 377TL | + 110% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 11 B/. (207TL) | 51TL | + 304% | |
| Personal Care | + 137% | |||
| Personal Care in Panama City (Panama) is 137% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (137TL) | 26TL | + 434% | |
| 1 box of antibiotics (12 doses) | 29 B/. (557TL) | 68TL | + 718% | |
| Short visit to private doctor (15 minutes) | 51 B/. (968TL) | 897TL | + 8% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (128TL) | 49TL | + 161% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.17 B/. (98TL) | 55TL | + 79% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (148TL) | 81TL | + 83% | |
| 4 rolls of toilet paper | 4.20 B/. (80TL) | 24TL | + 238% | |
| Tube of toothpaste | 4.12 B/. (78TL) | 65TL | + 20% | |
| Standard men's haircut in expat area of the city | 17 B/. (317TL) | 98TL | + 222% | |
| Entertainment | + 66% | |||
| Entertainment in Panama City (Panama) is 66% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Basic dinner out for two in neighborhood pub | 32 B/. (603TL) | 469TL | + 29% | |
| 2 tickets to the movies | 13 B/. (244TL) | 103TL | + 137% | |
| 2 tickets to the theater (best available seats) | 43 B/. (825TL) | 813TL | + 1% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 53 B/. (1,003TL) | 665TL | + 51% | |
| 1 cocktail drink in downtown club | 10 B/. (186TL) | 149TL | + 25% | |
| Cappuccino in expat area of the city | 5.75 B/. (109TL) | 51TL | + 117% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.19 B/. (61TL) | 79TL | - 23% | |
| Ipad wi-fi 128gb | 700 B/. (13,310TL) | 14,162TL | - 6% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.33 B/. (6TL) | 0.73TL | + 763% | |
| 1 month of gym membership in business district | 53 B/. (1,006TL) | 592TL | + 70% | |
| 1 package of marlboro cigarettes | 5.97 B/. (113TL) | 35TL | + 220% | |
 |
TOTAL | + 49% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,315 prices entered by 140 different people.
These prices were last updated on March 26, 2023.
Exchange rate:
19.017
TRY
/
PAB
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For example, you would need at least 62,767TL (3,300 B/.) in Panama City to maintain the same standard of living that you can have with 42,000TL in Ankara.
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