Cost of living in Colón, Panama vs Mazatlán, Mexico
Currency:
| Food | + 69% | |||
|---|---|---|---|---|
| Food in Colón (Panama) is 69% more expensive than in Mazatlán (Mexico) | ||||
| Basic lunchtime menu (including a drink) in the business district | 14 B/. (Mex$ 291) | Mex$ 183 | + 60% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (Mex$ 152) | Mex$ 100 | + 52% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.76 B/. (Mex$ 56) | Mex$ 48 | + 16% | |
| 1 liter (1 qt.) of whole fat milk | 1.78 B/. (Mex$ 36) | Mex$ 20 | + 82% | |
| 12 eggs, large | 3.24 B/. (Mex$ 66) | Mex$ 36 | + 83% | |
| 1 kg (2 lb.) of tomatoes | 3.21 B/. (Mex$ 65) | Mex$ 17 | + 280% | |
| 500 gr (16 oz.) of local cheese | 5.52 B/. (Mex$ 112) | Mex$ 64 | + 73% | |
| 1 kg (2 lb.) of apples | 2.65 B/. (Mex$ 53) | Mex$ 39 | + 37% | |
| 1 kg (2 lb.) of potatoes | 5.40 B/. (Mex$ 109) | Mex$ 21 | + 420% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.76 B/. (Mex$ 15) | Mex$ 24 | - 37% | |
| 1 bottle of red table wine, good quality | 7 B/. (Mex$ 142) | Mex$ 244 | - 42% | |
| 2 liters of coca-cola | 2.24 B/. (Mex$ 45) | Mex$ 27 | + 67% | |
| Bread for 2 people for 1 day | 1.75 B/. (Mex$ 35) | Mex$ 14 | + 150% | |
| Housing | + 126% | |||
| Housing in Colón (Panama) is 126% more expensive than in Mazatlán (Mexico) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,388 B/. (Mex$ 28,062) | Mex$ 14,843 | + 89% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 645 B/. (Mex$ 13,037) | Mex$ 6,999 | + 86% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 348 B/. (Mex$ 7,030) | Mex$ 1,222 | + 475% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,025 B/. (Mex$ 20,731) | Mex$ 8,735 | + 137% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 536 B/. (Mex$ 10,832) | Mex$ 4,635 | + 134% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 119 B/. (Mex$ 2,406) | Mex$ 770 | + 212% | |
| Internet 8 mbps (1 month) | 33 B/. (Mex$ 667) | Mex$ 351 | + 90% | |
| 40” flat screen tv | 340 B/. (Mex$ 6,874) | Mex$ 8,035 | - 14% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 94 B/. (Mex$ 1,901) | Mex$ 1,699 | + 12% | |
| Laundry detergent (3 l. ~ 100 oz.) | 5.78 B/. (Mex$ 117) | Mex$ 88 | + 33% | |
| Hourly rate for cleaning help | 7 B/. (Mex$ 142) | Mex$ 54 | + 162% | |
| Clothes | + 59% | |||
| Clothes in Colón (Panama) is 59% more expensive than in Mazatlán (Mexico) | ||||
| 1 pair of jeans (levis 501 or similar) | 60 B/. (Mex$ 1,223) | Mex$ 848 | + 44% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 49 B/. (Mex$ 996) | Mex$ 552 | + 80% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 78 B/. (Mex$ 1,570) | Mex$ 1,345 | + 17% | |
| 1 pair of men’s leather business shoes | 81 B/. (Mex$ 1,647) | Mex$ 1,227 | + 34% | |
| Transportation | + 38% | |||
| Transportation in Colón (Panama) is 38% more expensive than in Mazatlán (Mexico) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 18,737 B/. (Mex$ 378,831) | Mex$ 255,638 | + 48% | |
| 1 liter (1/4 gallon) of gas | 0.80 B/. (Mex$ 16) | Mex$ 20 | - 20% | |
| Monthly ticket public transport | 37 B/. (Mex$ 748) | Mex$ 424 | + 76% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | Mex$ 283 | - | |
| Personal Care | + 182% | |||
| Personal Care in Colón (Panama) is 182% more expensive than in Mazatlán (Mexico) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 14 B/. (Mex$ 283) | Mex$ 105 | + 170% | |
| 1 box of antibiotics (12 doses) | 31 B/. (Mex$ 627) | Mex$ 137 | + 358% | |
| Short visit to private doctor (15 minutes) | 60 B/. (Mex$ 1,213) | Mex$ 517 | + 135% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (Mex$ 142) | Mex$ 58 | + 145% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.09 B/. (Mex$ 103) | Mex$ 43 | + 137% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 6.00 B/. (Mex$ 121) | Mex$ 36 | + 241% | |
| 4 rolls of toilet paper | 3.09 B/. (Mex$ 62) | Mex$ 23 | + 171% | |
| Tube of toothpaste | 1.41 B/. (Mex$ 28) | Mex$ 19 | + 47% | |
| Standard men's haircut in expat area of the city | 10 B/. (Mex$ 199) | Mex$ 87 | + 127% | |
| Entertainment | + 42% | |||
| Entertainment in Colón (Panama) is 42% more expensive than in Mazatlán (Mexico) | ||||
| Basic dinner out for two in neighborhood pub | 12 B/. (Mex$ 243) | Mex$ 298 | - 19% | |
| 2 tickets to the movies | 13 B/. (Mex$ 262) | Mex$ 109 | + 141% | |
| 2 tickets to the theater (best available seats) | - | Mex$ 675 | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 51 B/. (Mex$ 1,031) | Mex$ 605 | + 70% | |
| 1 cocktail drink in downtown club | 7 B/. (Mex$ 142) | Mex$ 110 | + 29% | |
| Cappuccino in expat area of the city | 3.92 B/. (Mex$ 79) | Mex$ 54 | + 47% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.50 B/. (Mex$ 71) | Mex$ 36 | + 96% | |
| Ipad wi-fi 128gb | 465 B/. (Mex$ 9,401) | Mex$ 8,697 | + 8% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.25 B/. (Mex$ 5.05) | Mex$ 2.78 | + 82% | |
| 1 month of gym membership in business district | 37 B/. (Mex$ 748) | Mex$ 522 | + 43% | |
| 1 package of marlboro cigarettes | 4.53 B/. (Mex$ 92) | Mex$ 53 | + 74% | |
| TOTAL | + 77% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 199 prices entered by 30 different people.
These prices were last updated on April 10, 2021.
Exchange rate:
20.218
MXN
/
PAB
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Cost of living in Colón (Panama) is 77% more expensive than in Mazatlán (Mexico)
For example, you would need at least Mex$ 75,911 (3,755 B/.) in Colón to maintain the same standard of living that you can have with Mex$ 43,000 in Mazatlán.
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