Cost of living in Panama City (Panama) is 170% more expensive than in Indore (India)
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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 829 prices entered by 101 different people.
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Currency:
| Food | + 150% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 150% more expensive than in Indore (India) | ||||
| Update prices | Update prices | |||
| Panama City | Indore | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 20 B/. (₨1,638) | ₨371 | + 341% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (₨655) | ₨332 | + 97% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.82 B/. (₨320) | ₨182 | + 76% | |
| 1 liter (1 qt.) of whole fat milk | 1.70 B/. (₨142) | ₨58 | + 144% | |
| 12 eggs, large | 2.69 B/. (₨225) | ₨79 | + 185% | |
| 1 kg (2 lb.) of tomatoes | 2.39 B/. (₨201) | ₨39 | + 419% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (₨706) | ₨203 | + 248% | |
| 1 kg (2 lb.) of apples | 2.75 B/. (₨231) | ₨128 | + 81% | |
| 1 kg (2 lb.) of potatoes | 1.99 B/. (₨167) | ₨26 | + 549% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.42 B/. (₨119) | ₨165 | - 28% | |
| 1 bottle of red table wine, good quality | 14 B/. (₨1,190) | ₨1,191 | - 0% | |
| 2 liters of coca-cola | 2.47 B/. (₨207) | ₨84 | + 146% | |
| Bread for 2 people for 1 day | 1.77 B/. (₨149) | ₨25 | + 490% | |
| Housing | + 364% | |||
| Housing in Panama City (Panama) is 364% more expensive than in Indore (India) | ||||
| Update prices | Update prices | |||
| Panama City | Indore | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,583 B/. (₨132,763) | ₨22,286 | + 496% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 923 B/. (₨77,432) | ₨16,032 | + 383% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 131 B/. (₨10,976) | ₨2,777 | + 295% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,012 B/. (₨84,887) | ₨15,031 | + 465% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 608 B/. (₨51,006) | ₨9,459 | + 439% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 88 B/. (₨7,342) | ₨2,079 | + 253% | |
| Internet 8 mbps (1 month) | 48 B/. (₨4,049) | ₨435 | + 832% | |
| 40” flat screen tv | 337 B/. (₨28,261) | ₨28,645 | - 1% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 110 B/. (₨9,230) | ₨15,589 | - 41% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (₨752) | ₨366 | + 105% | |
| Hourly rate for cleaning help | 5.54 B/. (₨465) | ₨278 | + 67% | |
| Clothes | + 35% | |||
| Clothes in Panama City (Panama) is 35% more expensive than in Indore (India) | ||||
| Update prices | Update prices | |||
| Panama City | Indore | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 49 B/. (₨4,146) | ₨2,669 | + 55% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (₨2,853) | ₨2,725 | + 5% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 92 B/. (₨7,694) | ₨3,423 | + 125% | |
| 1 pair of men’s leather business shoes | 94 B/. (₨7,873) | ₨2,793 | + 182% | |
| Transportation | + 138% | |||
| Transportation in Panama City (Panama) is 138% more expensive than in Indore (India) | ||||
| Update prices | Update prices | |||
| Panama City | Indore | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,776 B/. (₨1,909,907) | ₨844,710 | + 126% | |
| 1 liter (1/4 gallon) of gas | 1.30 B/. (₨109) | ₨111 | - 2% | |
| Monthly ticket public transport | 42 B/. (₨3,491) | ₨914 | + 282% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 11 B/. (₨914) | ₨161 | + 467% | |
| Personal Care | + 292% | |||
| Personal Care in Panama City (Panama) is 292% more expensive than in Indore (India) | ||||
| Update prices | Update prices | |||
| Panama City | Indore | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (₨606) | ₨99 | + 511% | |
| 1 box of antibiotics (12 doses) | 29 B/. (₨2,456) | ₨459 | + 435% | |
| Short visit to private doctor (15 minutes) | 51 B/. (₨4,266) | ₨1,172 | + 264% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (₨566) | ₨245 | + 131% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.17 B/. (₨434) | ₨138 | + 215% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (₨651) | ₨250 | + 160% | |
| 4 rolls of toilet paper | 4.20 B/. (₨352) | ₨90 | + 289% | |
| Tube of toothpaste | 4.12 B/. (₨346) | ₨82 | + 319% | |
| Standard men's haircut in expat area of the city | 17 B/. (₨1,397) | ₨192 | + 626% | |
| Entertainment | + 106% | |||
| Entertainment in Panama City (Panama) is 106% more expensive than in Indore (India) | ||||
| Update prices | Update prices | |||
| Panama City | Indore | Diff | ||
| Basic dinner out for two in neighborhood pub | 32 B/. (₨2,658) | ₨1,570 | + 69% | |
| 2 tickets to the movies | 13 B/. (₨1,076) | ₨350 | + 207% | |
| 2 tickets to the theater (best available seats) | 43 B/. (₨3,636) | ₨1,203 | + 202% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 53 B/. (₨4,424) | ₨1,939 | + 128% | |
| 1 cocktail drink in downtown club | 10 B/. (₨821) | ₨861 | - 5% | |
| Cappuccino in expat area of the city | 5.75 B/. (₨482) | ₨159 | + 203% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.19 B/. (₨267) | ₨177 | + 51% | |
| Ipad wi-fi 128gb | 699 B/. (₨58,651) | ₨42,753 | + 37% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.33 B/. (₨28) | ₨11 | + 163% | |
| 1 month of gym membership in business district | 53 B/. (₨4,437) | ₨1,048 | + 323% | |
| 1 package of marlboro cigarettes | 5.97 B/. (₨500) | ₨243 | + 106% | |
 |
TOTAL | + 170% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 829 prices entered by 101 different people.
These prices were last updated on March 20, 2023.
Exchange rate:
83.856
INR
/
PAB
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For example, you would need at least ₨194,414 (2,318 B/.) in Panama City to maintain the same standard of living that you can have with ₨72,000 in Indore.
Do you live in Indore? We need your help!
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