Cost of living in Panama City (Panama) is 51% cheaper than in Geneva (Switzerland)
This comparison is based on abundant and consistent data. It is based on 792 prices entered by 98 different people.
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Currency:
| Food | - 50% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 50% cheaper than in Geneva (Switzerland) | ||||
| Update prices | Update prices | |||
| Panama City | Geneva | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 15 B/. (CHF 14) | CHF 29 | - 53% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (CHF 7) | CHF 16 | - 56% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.59 B/. (CHF 3.30) | CHF 12 | - 72% | |
| 1 liter (1 qt.) of whole fat milk | 1.74 B/. (CHF 1.60) | CHF 1.67 | - 5% | |
| 12 eggs, large | 2.74 B/. (CHF 2.52) | CHF 8 | - 67% | |
| 1 kg (2 lb.) of tomatoes | 2.12 B/. (CHF 1.95) | CHF 3.66 | - 47% | |
| 500 gr (16 oz.) of local cheese | 7 B/. (CHF 7) | CHF 11 | - 38% | |
| 1 kg (2 lb.) of apples | 3.46 B/. (CHF 3.17) | CHF 3.95 | - 20% | |
| 1 kg (2 lb.) of potatoes | 1.85 B/. (CHF 1.69) | CHF 2.65 | - 36% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.92 B/. (CHF 1.76) | CHF 2.01 | - 13% | |
| 1 bottle of red table wine, good quality | 13 B/. (CHF 12) | CHF 16 | - 25% | |
| 2 liters of coca-cola | 2.45 B/. (CHF 2.25) | CHF 2.61 | - 14% | |
| Bread for 2 people for 1 day | 1.57 B/. (CHF 1.44) | CHF 2.79 | - 48% | |
| Housing | - 61% | |||
| Housing in Panama City (Panama) is 61% cheaper than in Geneva (Switzerland) | ||||
| Update prices | Update prices | |||
| Panama City | Geneva | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,298 B/. (CHF 1,190) | CHF 3,991 | - 70% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 906 B/. (CHF 831) | CHF 3,124 | - 73% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 133 B/. (CHF 122) | CHF 160 | - 24% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 974 B/. (CHF 894) | CHF 2,486 | - 64% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 611 B/. (CHF 561) | CHF 1,680 | - 67% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 83 B/. (CHF 76) | CHF 365 | - 79% | |
| Internet 8 mbps (1 month) | 48 B/. (CHF 44) | CHF 50 | - 11% | |
| 40” flat screen tv | 330 B/. (CHF 303) | CHF 594 | - 49% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 109 B/. (CHF 100) | CHF 116 | - 14% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (CHF 8) | CHF 13 | - 37% | |
| Hourly rate for cleaning help | 15 B/. (CHF 13) | CHF 25 | - 46% | |
| Clothes | - 53% | |||
| Clothes in Panama City (Panama) is 53% cheaper than in Geneva (Switzerland) | ||||
| Update prices | Update prices | |||
| Panama City | Geneva | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 46 B/. (CHF 42) | CHF 108 | - 61% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 29 B/. (CHF 27) | CHF 54 | - 51% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 81 B/. (CHF 74) | CHF 126 | - 42% | |
| 1 pair of men’s leather business shoes | 84 B/. (CHF 77) | CHF 189 | - 59% | |
| Transportation | - 46% | |||
| Transportation in Panama City (Panama) is 46% cheaper than in Geneva (Switzerland) | ||||
| Update prices | Update prices | |||
| Panama City | Geneva | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,346 B/. (CHF 20,503) | CHF 32,454 | - 37% | |
| 1 liter (1/4 gallon) of gas | 1.30 B/. (CHF 1.19) | CHF 1.97 | - 40% | |
| Monthly ticket public transport | 42 B/. (CHF 38) | CHF 70 | - 45% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 11 B/. (CHF 10) | CHF 35 | - 72% | |
| Personal Care | - 23% | |||
| Personal Care in Panama City (Panama) is 23% cheaper than in Geneva (Switzerland) | ||||
| Update prices | Update prices | |||
| Panama City | Geneva | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (CHF 7) | CHF 12 | - 43% | |
| 1 box of antibiotics (12 doses) | 28 B/. (CHF 26) | CHF 29 | - 11% | |
| Short visit to private doctor (15 minutes) | 69 B/. (CHF 63) | CHF 125 | - 49% | |
| 1 box of 32 tampons (tampax, ob, ...) | 8 B/. (CHF 8) | CHF 9 | - 16% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.05 B/. (CHF 4.64) | CHF 4.29 | + 8% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (CHF 7) | CHF 4.96 | + 33% | |
| 4 rolls of toilet paper | 3.81 B/. (CHF 3.49) | CHF 3.99 | - 12% | |
| Tube of toothpaste | 3.71 B/. (CHF 3.40) | CHF 3.99 | - 15% | |
| Standard men's haircut in expat area of the city | 20 B/. (CHF 18) | CHF 37 | - 51% | |
| Entertainment | - 42% | |||
| Entertainment in Panama City (Panama) is 42% cheaper than in Geneva (Switzerland) | ||||
| Update prices | Update prices | |||
| Panama City | Geneva | Diff | ||
| Basic dinner out for two in neighborhood pub | 31 B/. (CHF 28) | CHF 88 | - 68% | |
| 2 tickets to the movies | 13 B/. (CHF 12) | CHF 38 | - 69% | |
| 2 tickets to the theater (best available seats) | 45 B/. (CHF 41) | CHF 119 | - 66% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 50 B/. (CHF 46) | CHF 110 | - 58% | |
| 1 cocktail drink in downtown club | 9 B/. (CHF 8) | CHF 24 | - 66% | |
| Cappuccino in expat area of the city | 5.66 B/. (CHF 5.19) | CHF 4.87 | + 7% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.23 B/. (CHF 2.97) | CHF 8 | - 61% | |
| Ipad wi-fi 128gb | 694 B/. (CHF 636) | CHF 589 | + 8% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (CHF 0.26) | CHF 0.16 | + 65% | |
| 1 month of gym membership in business district | 48 B/. (CHF 44) | CHF 92 | - 53% | |
| 1 package of marlboro cigarettes | 7 B/. (CHF 5.97) | CHF 9 | - 34% | |
 |
TOTAL | - 51% | ||
These prices were last updated on February 05, 2023.
Exchange rate:
0.918
CHF
/
PAB
This comparison is based on abundant and consistent data. It is based on 792 prices entered by 98 different people.
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For example, to keep the same standard of living that would require CHF 13,000 in Geneva you would need to make just about CHF 6,424 (7,001 B/.) in Panama City.
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