Cost of living in Panama City (Panama) is 83% more expensive than in Arequipa (Peru)
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This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 398 prices entered by 54 different people.
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| Food | + 69% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 69% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Arequipa | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 15 B/. (S/. 56) | S/. 20 | + 185% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (S/. 28) | S/. 20 | + 41% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.38 B/. (S/. 12) | S/. 8 | + 61% | |
| 1 liter (1 qt.) of whole fat milk | 1.79 B/. (S/. 7) | S/. 5.70 | + 16% | |
| 12 eggs, large | 3.15 B/. (S/. 12) | S/. 9 | + 34% | |
| 1 kg (2 lb.) of tomatoes | 2.62 B/. (S/. 10) | S/. 3.91 | + 148% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (S/. 24) | S/. 11 | + 124% | |
| 1 kg (2 lb.) of apples | 2.80 B/. (S/. 10) | S/. 4.94 | + 109% | |
| 1 kg (2 lb.) of potatoes | 2.46 B/. (S/. 9) | S/. 3.02 | + 201% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.50 B/. (S/. 5.55) | S/. 7 | - 22% | |
| 1 bottle of red table wine, good quality | 12 B/. (S/. 45) | S/. 39 | + 15% | |
| 2 liters of coca-cola | 2.43 B/. (S/. 9) | S/. 9 | + 6% | |
| Bread for 2 people for 1 day | 1.55 B/. (S/. 5.72) | S/. 2.28 | + 151% | |
| Housing | + 198% | |||
| Housing in Panama City (Panama) is 198% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Arequipa | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,591 B/. (S/. 5,876) | S/. 1,714 | + 243% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 948 B/. (S/. 3,501) | S/. 930 | + 277% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 140 B/. (S/. 518) | S/. 138 | + 275% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,033 B/. (S/. 3,816) | S/. 1,109 | + 244% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 635 B/. (S/. 2,346) | S/. 727 | + 223% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (S/. 362) | S/. 104 | + 249% | |
| Internet 8 mbps (1 month) | 38 B/. (S/. 142) | S/. 66 | + 115% | |
| 40” flat screen tv | 321 B/. (S/. 1,185) | S/. 1,071 | + 11% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 107 B/. (S/. 393) | S/. 340 | + 16% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (S/. 35) | S/. 27 | + 31% | |
| Hourly rate for cleaning help | 12 B/. (S/. 46) | S/. 14 | + 235% | |
| Clothes | + 67% | |||
| Clothes in Panama City (Panama) is 67% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Arequipa | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 57 B/. (S/. 211) | S/. 137 | + 54% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 43 B/. (S/. 157) | S/. 87 | + 82% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 104 B/. (S/. 386) | S/. 239 | + 62% | |
| 1 pair of men’s leather business shoes | 100 B/. (S/. 370) | S/. 230 | + 61% | |
| Transportation | + 12% | |||
| Transportation in Panama City (Panama) is 12% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Arequipa | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,225 B/. (S/. 82,066) | S/. 53,456 | + 54% | |
| 1 liter (1/4 gallon) of gas | 1.01 B/. (S/. 3.71) | S/. 4.71 | - 21% | |
| Monthly ticket public transport | 24 B/. (S/. 88) | S/. 80 | + 11% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 9 B/. (S/. 35) | S/. 28 | + 26% | |
| Personal Care | + 134% | |||
| Personal Care in Panama City (Panama) is 134% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Arequipa | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (S/. 32) | S/. 8 | + 322% | |
| 1 box of antibiotics (12 doses) | 23 B/. (S/. 86) | S/. 20 | + 336% | |
| Short visit to private doctor (15 minutes) | 55 B/. (S/. 202) | S/. 61 | + 230% | |
| 1 box of 32 tampons (tampax, ob, ...) | 8 B/. (S/. 29) | S/. 24 | + 23% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.26 B/. (S/. 16) | S/. 12 | + 34% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (S/. 31) | S/. 17 | + 78% | |
| 4 rolls of toilet paper | 2.95 B/. (S/. 11) | S/. 5.19 | + 110% | |
| Tube of toothpaste | 3.04 B/. (S/. 11) | S/. 5.29 | + 112% | |
| Standard men's haircut in expat area of the city | 18 B/. (S/. 68) | S/. 25 | + 174% | |
| Entertainment | + 91% | |||
| Entertainment in Panama City (Panama) is 91% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Arequipa | Diff | ||
| Basic dinner out for two in neighborhood pub | 36 B/. (S/. 133) | S/. 32 | + 309% | |
| 2 tickets to the movies | 11 B/. (S/. 40) | S/. 28 | + 41% | |
| 2 tickets to the theater (best available seats) | 34 B/. (S/. 126) | S/. 135 | - 6% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 64 B/. (S/. 238) | S/. 68 | + 252% | |
| 1 cocktail drink in downtown club | 11 B/. (S/. 39) | S/. 26 | + 52% | |
| Cappuccino in expat area of the city | 5.10 B/. (S/. 19) | S/. 14 | + 32% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.82 B/. (S/. 10) | S/. 8 | + 39% | |
| Ipad wi-fi 128gb | 689 B/. (S/. 2,543) | S/. 2,312 | + 10% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.34 B/. (S/. 1.26) | S/. 0.64 | + 97% | |
| 1 month of gym membership in business district | 52 B/. (S/. 191) | S/. 107 | + 79% | |
| 1 package of marlboro cigarettes | 6 B/. (S/. 22) | S/. 12 | + 82% | |
 |
TOTAL | + 83% | ||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 398 prices entered by 54 different people.
These prices were last updated on May 22, 2025.
Exchange rate:
3.693
PEN
/
PAB
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For example, you would need at least S/. 9,154 (2,479 B/.) in Panama City to maintain the same standard of living that you can have with S/. 5,000 in Arequipa.
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Prices recently added
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