Cost of living in Colón, Panama vs Maui, United States
Currency:
| Food | - 40% | |||
|---|---|---|---|---|
| Food in Colón (Panama) is 40% cheaper than in Maui (United States) | ||||
| Basic lunchtime menu (including a drink) in the business district | 14 B/. ($14) | $19 | - 23% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. ($8) | $9 | - 21% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.76 B/. ($2.76) | $7 | - 63% | |
| 1 liter (1 qt.) of whole fat milk | 1.78 B/. ($1.78) | $1.69 | + 6% | |
| 12 eggs, large | 3.24 B/. ($3.24) | $6 | - 48% | |
| 1 kg (2 lb.) of tomatoes | 3.21 B/. ($3.21) | $7 | - 54% | |
| 500 gr (16 oz.) of local cheese | 5.52 B/. ($5.52) | $10 | - 44% | |
| 1 kg (2 lb.) of apples | 2.65 B/. ($2.65) | $4.89 | - 46% | |
| 1 kg (2 lb.) of potatoes | 5.40 B/. ($5.40) | $2.41 | + 124% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.76 B/. ($0.76) | $3.43 | - 78% | |
| 1 bottle of red table wine, good quality | 7 B/. ($7) | $16 | - 57% | |
| 2 liters of coca-cola | 2.24 B/. ($2.24) | $2.56 | - 12% | |
| Bread for 2 people for 1 day | 1.75 B/. ($1.75) | $4.30 | - 59% | |
| Housing | - 42% | |||
| Housing in Colón (Panama) is 42% cheaper than in Maui (United States) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,388 B/. ($1,388) | $2,610 | - 47% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 645 B/. ($645) | $1,963 | - 67% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 348 B/. ($348) | $279 | + 24% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,025 B/. ($1,025) | $1,732 | - 41% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 536 B/. ($536) | $1,316 | - 59% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 119 B/. ($119) | $143 | - 17% | |
| Internet 8 mbps (1 month) | 33 B/. ($33) | $41 | - 20% | |
| 40” flat screen tv | 340 B/. ($340) | $450 | - 24% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 94 B/. ($94) | $132 | - 29% | |
| Laundry detergent (3 l. ~ 100 oz.) | 5.78 B/. ($5.77) | $14 | - 60% | |
| Hourly rate for cleaning help | 7 B/. ($7) | $26 | - 73% | |
| Clothes | - 31% | |||
| Clothes in Colón (Panama) is 31% cheaper than in Maui (United States) | ||||
| 1 pair of jeans (levis 501 or similar) | 60 B/. ($60) | $66 | - 8% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 49 B/. ($49) | $75 | - 34% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 78 B/. ($78) | $101 | - 23% | |
| 1 pair of men’s leather business shoes | 81 B/. ($81) | $172 | - 53% | |
| Transportation | - 18% | |||
| Transportation in Colón (Panama) is 18% cheaper than in Maui (United States) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 18,737 B/. ($18,735) | $25,902 | - 28% | |
| 1 liter (1/4 gallon) of gas | 0.80 B/. ($0.80) | $1.03 | - 22% | |
| Monthly ticket public transport | 37 B/. ($37) | $42 | - 13% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | - | - | |
| Personal Care | - 21% | |||
| Personal Care in Colón (Panama) is 21% cheaper than in Maui (United States) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 14 B/. ($14) | $12 | + 20% | |
| 1 box of antibiotics (12 doses) | 31 B/. ($31) | $29 | + 9% | |
| Short visit to private doctor (15 minutes) | 60 B/. ($60) | $115 | - 48% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. ($7) | $9 | - 20% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.09 B/. ($5.09) | $4.89 | + 4% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 6.00 B/. ($6.00) | $5.81 | + 3% | |
| 4 rolls of toilet paper | 3.09 B/. ($3.09) | $5.70 | - 46% | |
| Tube of toothpaste | 1.41 B/. ($1.41) | $2.05 | - 31% | |
| Standard men's haircut in expat area of the city | 10 B/. ($10) | $25 | - 61% | |
| Entertainment | - 43% | |||
| Entertainment in Colón (Panama) is 43% cheaper than in Maui (United States) | ||||
| Basic dinner out for two in neighborhood pub | 12 B/. ($12) | $58 | - 79% | |
| 2 tickets to the movies | 13 B/. ($13) | $26 | - 50% | |
| 2 tickets to the theater (best available seats) | - | $123 | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 51 B/. ($51) | $110 | - 53% | |
| 1 cocktail drink in downtown club | 7 B/. ($7) | $13 | - 44% | |
| Cappuccino in expat area of the city | 3.92 B/. ($3.92) | $6 | - 35% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.50 B/. ($3.50) | $7 | - 47% | |
| Ipad wi-fi 128gb | 465 B/. ($465) | $429 | + 8% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.25 B/. ($0.25) | - | - | |
| 1 month of gym membership in business district | 37 B/. ($37) | $51 | - 27% | |
| 1 package of marlboro cigarettes | 4.53 B/. ($4.53) | $10 | - 56% | |
| TOTAL | - 36% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 68 prices entered by 9 different people.
These prices were last updated on February 04, 2021.
Exchange rate:
1.000
USD
/
PAB
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Cost of living in Colón (Panama) is 36% cheaper than in Maui (United States)
For example, to keep the same standard of living that would require $7,300 in Maui you would need to make just about $4,651 (4,651 B/.) in Colón.
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