Cost of living in Panama City (Panama) is 32% cheaper than in Auckland (New Zealand)
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This comparison is based on abundant and consistent data. It is based on 1,033 prices entered by 119 different people.
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Currency:
| Food | - 2% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is about the same as in Auckland (New Zealand) | ||||
| Update prices | Update prices | |||
| Panama City | Auckland | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 17 B/. (NZ$27) | NZ$22 | + 26% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (NZ$13) | NZ$15 | - 13% | |
| 500 gr (1 lb.) of boneless chicken breast | 4.42 B/. (NZ$7) | NZ$7 | + 0% | |
| 1 liter (1 qt.) of whole fat milk | 1.67 B/. (NZ$2.77) | NZ$2.28 | + 22% | |
| 12 eggs, large | 2.74 B/. (NZ$4.55) | NZ$9 | - 52% | |
| 1 kg (2 lb.) of tomatoes | 2.42 B/. (NZ$4.02) | NZ$8 | - 52% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (NZ$14) | NZ$10 | + 42% | |
| 1 kg (2 lb.) of apples | 2.88 B/. (NZ$4.79) | NZ$4.80 | - 0% | |
| 1 kg (2 lb.) of potatoes | 2.05 B/. (NZ$3.40) | NZ$3.83 | - 11% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.57 B/. (NZ$2.61) | NZ$3.36 | - 22% | |
| 1 bottle of red table wine, good quality | 17 B/. (NZ$29) | NZ$23 | + 26% | |
| 2 liters of coca-cola | 2.52 B/. (NZ$4.18) | NZ$3.98 | + 5% | |
| Bread for 2 people for 1 day | 1.55 B/. (NZ$2.58) | NZ$1.71 | + 51% | |
| Housing | - 39% | |||
| Housing in Panama City (Panama) is 39% cheaper than in Auckland (New Zealand) | ||||
| Update prices | Update prices | |||
| Panama City | Auckland | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,370 B/. (NZ$2,276) | NZ$4,539 | - 50% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 898 B/. (NZ$1,492) | NZ$3,066 | - 51% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 151 B/. (NZ$252) | NZ$299 | - 16% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 988 B/. (NZ$1,642) | NZ$2,682 | - 39% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 645 B/. (NZ$1,071) | NZ$1,828 | - 41% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 99 B/. (NZ$165) | NZ$179 | - 8% | |
| Internet 8 mbps (1 month) | 45 B/. (NZ$75) | NZ$67 | + 12% | |
| 40” flat screen tv | 329 B/. (NZ$546) | NZ$927 | - 41% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 103 B/. (NZ$172) | NZ$269 | - 36% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (NZ$13) | NZ$16 | - 18% | |
| Hourly rate for cleaning help | 5.12 B/. (NZ$9) | NZ$30 | - 72% | |
| Clothes | - 31% | |||
| Clothes in Panama City (Panama) is 31% cheaper than in Auckland (New Zealand) | ||||
| Update prices | Update prices | |||
| Panama City | Auckland | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 51 B/. (NZ$84) | NZ$127 | - 34% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (NZ$56) | NZ$82 | - 32% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 90 B/. (NZ$149) | NZ$174 | - 14% | |
| 1 pair of men’s leather business shoes | 92 B/. (NZ$153) | NZ$242 | - 37% | |
| Transportation | - 54% | |||
| Transportation in Panama City (Panama) is 54% cheaper than in Auckland (New Zealand) | ||||
| Update prices | Update prices | |||
| Panama City | Auckland | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,565 B/. (NZ$37,483) | NZ$44,263 | - 15% | |
| 1 liter (1/4 gallon) of gas | 1.18 B/. (NZ$1.97) | NZ$2.90 | - 32% | |
| Monthly ticket public transport | 35 B/. (NZ$59) | NZ$172 | - 66% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 9 B/. (NZ$15) | NZ$31 | - 53% | |
| Personal Care | + 51% | |||
| Personal Care in Panama City (Panama) is 51% more expensive than in Auckland (New Zealand) | ||||
| Update prices | Update prices | |||
| Panama City | Auckland | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (NZ$14) | NZ$17 | - 14% | |
| 1 box of antibiotics (12 doses) | 25 B/. (NZ$42) | NZ$5.54 | + 659% | |
| Short visit to private doctor (15 minutes) | 41 B/. (NZ$69) | NZ$66 | + 4% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (NZ$12) | NZ$9 | + 32% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.29 B/. (NZ$7) | NZ$6 | + 12% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (NZ$13) | NZ$7 | + 80% | |
| 4 rolls of toilet paper | 3.99 B/. (NZ$7) | NZ$3.59 | + 85% | |
| Tube of toothpaste | 3.61 B/. (NZ$5.99) | NZ$4.88 | + 23% | |
| Standard men's haircut in expat area of the city | 17 B/. (NZ$29) | NZ$37 | - 23% | |
| Entertainment | - 23% | |||
| Entertainment in Panama City (Panama) is 23% cheaper than in Auckland (New Zealand) | ||||
| Update prices | Update prices | |||
| Panama City | Auckland | Diff | ||
| Basic dinner out for two in neighborhood pub | 33 B/. (NZ$55) | NZ$73 | - 25% | |
| 2 tickets to the movies | 14 B/. (NZ$24) | NZ$39 | - 39% | |
| 2 tickets to the theater (best available seats) | 43 B/. (NZ$71) | NZ$289 | - 75% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (NZ$89) | NZ$160 | - 44% | |
| 1 cocktail drink in downtown club | 11 B/. (NZ$18) | NZ$19 | - 7% | |
| Cappuccino in expat area of the city | 5.90 B/. (NZ$10) | NZ$5.90 | + 66% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.75 B/. (NZ$4.58) | NZ$12 | - 61% | |
| Ipad wi-fi 128gb | 590 B/. (NZ$980) | NZ$921 | + 6% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (NZ$0.48) | NZ$0.30 | + 59% | |
| 1 month of gym membership in business district | 53 B/. (NZ$88) | NZ$92 | - 4% | |
| 1 package of marlboro cigarettes | 5.98 B/. (NZ$10) | NZ$38 | - 74% | |
 |
TOTAL | - 32% | ||
These prices were last updated on June 01, 2023.
Exchange rate:
1.661
NZD
/
PAB
This comparison is based on abundant and consistent data. It is based on 1,033 prices entered by 119 different people.
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Prices recently added
- Basic lunchtime menu (including a drink) in the business district in Andorra la Vella costs €25 (35 minutes ago)
- Basic lunchtime menu (including a drink) in the business district in Feira de Santana costs R$ 70 (37 minutes ago)
- 500 ml domestic beer in the supermarket in Batumi costs 3.00 Lari (about 2 hours ago)
- 12 eggs, large in Miami, Florida costs $2.50 (about 2 hours ago)
- 1 kg of boneless chicken breast in Brasília costs R$ 7 (about 3 hours ago)
- 1 month of gym membership in business district in Dharan Bazar costs ₨ 1,200 (about 4 hours ago)