Cost of living in Panama City (Panama) is 57% more expensive than in Georgetown (Penang) (Malaysia)
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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 569 prices entered by 71 different people.
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| Food | + 69% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 69% more expensive than in Georgetown (Penang) (Malaysia) | ||||
| Update prices | Update prices | |||
| Panama City | Georgetown (Penang) | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 16 B/. (RM67) | RM23 | + 190% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (RM28) | RM16 | + 74% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.35 B/. (RM14) | RM5.51 | + 153% | |
| 1 liter (1 qt.) of whole fat milk | 1.57 B/. (RM7) | RM5.74 | + 14% | |
| 12 eggs, large | 2.28 B/. (RM9) | RM7 | + 34% | |
| 1 kg (2 lb.) of tomatoes | 2.19 B/. (RM9) | RM3.57 | + 156% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (RM26) | RM29 | - 12% | |
| 1 kg (2 lb.) of apples | 2.17 B/. (RM9) | RM8 | + 17% | |
| 1 kg (2 lb.) of potatoes | 2.11 B/. (RM9) | RM3.13 | + 181% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.34 B/. (RM5.60) | RM9 | - 37% | |
| 1 bottle of red table wine, good quality | 11 B/. (RM47) | RM75 | - 37% | |
| 2 liters of coca-cola | 2.23 B/. (RM9) | RM3.47 | + 167% | |
| Bread for 2 people for 1 day | 1.45 B/. (RM6) | RM3.24 | + 86% | |
| Housing | + 107% | |||
| Housing in Panama City (Panama) is 107% more expensive than in Georgetown (Penang) (Malaysia) | ||||
| Update prices | Update prices | |||
| Panama City | Georgetown (Penang) | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,538 B/. (RM6,410) | RM2,180 | + 194% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 856 B/. (RM3,568) | RM1,366 | + 161% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 117 B/. (RM488) | RM163 | + 198% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 933 B/. (RM3,888) | RM2,046 | + 90% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 557 B/. (RM2,319) | RM1,304 | + 78% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 70 B/. (RM292) | RM148 | + 98% | |
| Internet 8 mbps (1 month) | 41 B/. (RM170) | RM102 | + 67% | |
| 40” flat screen tv | 311 B/. (RM1,295) | RM1,798 | - 28% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 113 B/. (RM471) | RM445 | + 6% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (RM29) | RM27 | + 7% | |
| Hourly rate for cleaning help | 5.66 B/. (RM24) | RM21 | + 14% | |
| Clothes | + 19% | |||
| Clothes in Panama City (Panama) is 19% more expensive than in Georgetown (Penang) (Malaysia) | ||||
| Update prices | Update prices | |||
| Panama City | Georgetown (Penang) | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 49 B/. (RM202) | RM229 | - 12% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 37 B/. (RM155) | RM115 | + 35% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 81 B/. (RM339) | RM289 | + 17% | |
| 1 pair of men’s leather business shoes | 81 B/. (RM336) | RM264 | + 27% | |
| Transportation | + 6% | |||
| Transportation in Panama City (Panama) is 6% more expensive than in Georgetown (Penang) (Malaysia) | ||||
| Update prices | Update prices | |||
| Panama City | Georgetown (Penang) | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,704 B/. (RM86,263) | RM136,585 | - 37% | |
| 1 liter (1/4 gallon) of gas | 0.95 B/. (RM3.95) | RM1.82 | + 117% | |
| Monthly ticket public transport | 35 B/. (RM145) | RM103 | + 41% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 10 B/. (RM44) | RM41 | + 7% | |
| Personal Care | + 135% | |||
| Personal Care in Panama City (Panama) is 135% more expensive than in Georgetown (Penang) (Malaysia) | ||||
| Update prices | Update prices | |||
| Panama City | Georgetown (Penang) | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (RM37) | RM14 | + 169% | |
| 1 box of antibiotics (12 doses) | 23 B/. (RM98) | RM23 | + 327% | |
| Short visit to private doctor (15 minutes) | 48 B/. (RM202) | RM49 | + 312% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.83 B/. (RM20) | RM17 | + 18% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.47 B/. (RM14) | RM11 | + 28% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (RM27) | RM17 | + 65% | |
| 4 rolls of toilet paper | 2.57 B/. (RM11) | RM4.06 | + 164% | |
| Tube of toothpaste | 2.80 B/. (RM12) | RM8 | + 46% | |
| Standard men's haircut in expat area of the city | 18 B/. (RM74) | RM27 | + 177% | |
| Entertainment | + 53% | |||
| Entertainment in Panama City (Panama) is 53% more expensive than in Georgetown (Penang) (Malaysia) | ||||
| Update prices | Update prices | |||
| Panama City | Georgetown (Penang) | Diff | ||
| Basic dinner out for two in neighborhood pub | 31 B/. (RM129) | RM148 | - 13% | |
| 2 tickets to the movies | 13 B/. (RM54) | RM32 | + 67% | |
| 2 tickets to the theater (best available seats) | 50 B/. (RM207) | RM100 | + 106% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (RM231) | RM103 | + 125% | |
| 1 cocktail drink in downtown club | 9 B/. (RM39) | RM26 | + 49% | |
| Cappuccino in expat area of the city | 5.13 B/. (RM21) | RM13 | + 62% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.05 B/. (RM17) | RM14 | + 21% | |
| Ipad wi-fi 128gb | 689 B/. (RM2,869) | RM1,934 | + 48% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.23 B/. (RM0.98) | RM0.34 | + 185% | |
| 1 month of gym membership in business district | 55 B/. (RM229) | RM131 | + 75% | |
| 1 package of marlboro cigarettes | 4.86 B/. (RM20) | RM17 | + 16% | |
 |
TOTAL | + 57% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 569 prices entered by 71 different people.
These prices were last updated on January 18, 2022.
Exchange rate:
4.166
MYR
/
PAB
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For example, you would need at least RM10,867 (2,608 B/.) in Panama City to maintain the same standard of living that you can have with RM6,900 in Georgetown (Penang).
Do you live in Georgetown (Penang)? We need your help!
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