Cost of living in Panama City, Panama vs Coxen Hole, Honduras
Currency:
| Food | + 33% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 33% more expensive than in Coxen Hole (Honduras) | ||||
| Basic lunchtime menu (including a drink) in the business district | 13 B/. (L 323) | L 250 | + 29% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (L 175) | L 112 | + 57% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.07 B/. (L 74) | L 100 | - 26% | |
| 1 liter (1 qt.) of whole fat milk | 1.47 B/. (L 36) | L 40 | - 11% | |
| 12 eggs, large | 2.81 B/. (L 68) | L 20 | + 240% | |
| 1 kg (2 lb.) of tomatoes | 2.71 B/. (L 66) | L 20 | + 228% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (L 146) | L 25 | + 483% | |
| 1 kg (2 lb.) of apples | 3.22 B/. (L 78) | L 40 | + 95% | |
| 1 kg (2 lb.) of potatoes | 2.00 B/. (L 48) | L 60 | - 19% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.04 B/. (L 25) | L 27 | - 6% | |
| 1 bottle of red table wine, good quality | 10 B/. (L 234) | L 105 | + 123% | |
| 2 liters of coca-cola | 2.22 B/. (L 54) | L 100 | - 46% | |
| Bread for 2 people for 1 day | 1.61 B/. (L 39) | L 13 | + 211% | |
| Housing | + 32% | |||
| Housing in Panama City (Panama) is 32% more expensive than in Coxen Hole (Honduras) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,323 B/. (L 32,084) | L 14,124 | + 127% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 911 B/. (L 22,093) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 112 B/. (L 2,721) | L 2,767 | - 2% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 986 B/. (L 23,898) | - | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 653 B/. (L 15,842) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 96 B/. (L 2,333) | L 1,323 | + 76% | |
| Internet 8 mbps (1 month) | 40 B/. (L 972) | L 650 | + 50% | |
| 40” flat screen tv | 401 B/. (L 9,716) | L 16,000 | - 39% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 124 B/. (L 3,017) | L 4,100 | - 26% | |
| Laundry detergent (3 l. ~ 100 oz.) | 6 B/. (L 156) | L 253 | - 38% | |
| Hourly rate for cleaning help | 5.98 B/. (L 145) | L 45 | + 222% | |
| Clothes | + 130% | |||
| Clothes in Panama City (Panama) is 130% more expensive than in Coxen Hole (Honduras) | ||||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (L 1,159) | L 653 | + 78% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (L 829) | L 210 | + 295% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 69 B/. (L 1,671) | L 2,000 | - 16% | |
| 1 pair of men’s leather business shoes | 80 B/. (L 1,931) | L 660 | + 193% | |
| Transportation | + 20% | |||
| Transportation in Panama City (Panama) is 20% more expensive than in Coxen Hole (Honduras) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 19,059 B/. (L 462,094) | - | - | |
| 1 liter (1/4 gallon) of gas | 0.67 B/. (L 16) | L 26 | - 37% | |
| Monthly ticket public transport | 37 B/. (L 885) | L 450 | + 97% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 12 B/. (L 296) | - | - | |
| Personal Care | + 139% | |||
| Personal Care in Panama City (Panama) is 139% more expensive than in Coxen Hole (Honduras) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (L 219) | L 35 | + 526% | |
| 1 box of antibiotics (12 doses) | 23 B/. (L 562) | L 80 | + 603% | |
| Short visit to private doctor (15 minutes) | 42 B/. (L 1,008) | L 100 | + 908% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.39 B/. (L 106) | L 35 | + 204% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.60 B/. (L 87) | L 35 | + 150% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.71 B/. (L 139) | L 98 | + 42% | |
| 4 rolls of toilet paper | 2.20 B/. (L 53) | L 65 | - 18% | |
| Tube of toothpaste | 2.57 B/. (L 62) | L 60 | + 4% | |
| Standard men's haircut in expat area of the city | 15 B/. (L 369) | L 140 | + 164% | |
| Entertainment | + 55% | |||
| Entertainment in Panama City (Panama) is 55% more expensive than in Coxen Hole (Honduras) | ||||
| Basic dinner out for two in neighborhood pub | 32 B/. (L 781) | L 350 | + 123% | |
| 2 tickets to the movies | 12 B/. (L 286) | L 230 | + 24% | |
| 2 tickets to the theater (best available seats) | 45 B/. (L 1,092) | - | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (L 1,330) | L 600 | + 122% | |
| 1 cocktail drink in downtown club | 10 B/. (L 234) | L 50 | + 367% | |
| Cappuccino in expat area of the city | 4.84 B/. (L 117) | L 37 | + 217% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.83 B/. (L 93) | L 35 | + 166% | |
| Ipad wi-fi 128gb | 519 B/. (L 12,574) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.24 B/. (L 5.71) | L 5.00 | + 14% | |
| 1 month of gym membership in business district | 48 B/. (L 1,154) | L 650 | + 78% | |
| 1 package of marlboro cigarettes | 5.49 B/. (L 133) | L 83 | + 61% | |
| TOTAL | + 39% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 570 prices entered by 64 different people.
These prices were last updated on March 06, 2021.
Exchange rate:
24.245
HNL
/
PAB
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Cost of living in Panama City (Panama) is 39% more expensive than in Coxen Hole (Honduras)
For example, you would need at least L 55,720 (2,298 B/.) in Panama City to maintain the same standard of living that you can have with L 40,000 in Coxen Hole.
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