Cost of living in Conakry (Guinea) is about the same as in Panama City (Panama)
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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 562 prices entered by 67 different people.
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Currency:
| Food | - 12% | |||
|---|---|---|---|---|
| Food in Conakry (Guinea) is 12% cheaper than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Conakry | Panama City | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 102,646 Franc (12 B/.) | 17 B/. | - 28% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 74,183 Franc (9 B/.) | 8 B/. | + 9% | |
| 500 gr (1 lb.) of boneless chicken breast | 40,069 Franc (4.67 B/.) | 3.46 B/. | + 35% | |
| 1 liter (1 qt.) of whole fat milk | 19,198 Franc (2.24 B/.) | 2.19 B/. | + 2% | |
| 12 eggs, large | 18,425 Franc (2.15 B/.) | 2.95 B/. | - 27% | |
| 1 kg (2 lb.) of tomatoes | 14,938 Franc (1.74 B/.) | 2.26 B/. | - 23% | |
| 500 gr (16 oz.) of local cheese | 65,283 Franc (8 B/.) | 7 B/. | + 5% | |
| 1 kg (2 lb.) of apples | 39,338 Franc (4.58 B/.) | 2.95 B/. | + 55% | |
| 1 kg (2 lb.) of potatoes | 12,748 Franc (1.48 B/.) | 2.08 B/. | - 29% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 10,326 Franc (1.20 B/.) | 1.34 B/. | - 10% | |
| 1 bottle of red table wine, good quality | 111,667 Franc (13 B/.) | 14 B/. | - 8% | |
| 2 liters of coca-cola | 16,170 Franc (1.88 B/.) | 2.54 B/. | - 26% | |
| Bread for 2 people for 1 day | 8,016 Franc (0.93 B/.) | 1.59 B/. | - 41% | |
| Housing | + 24% | |||
| Housing in Conakry (Guinea) is 24% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Conakry | Panama City | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 19,220,000 Franc (2,239 B/.) | 1,500 B/. | + 49% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 6,500,000 Franc (757 B/.) | 925 B/. | - 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 1,405,030 Franc (164 B/.) | 165 B/. | - 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 8,140,710 Franc (948 B/.) | 1,040 B/. | - 9% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 2,500,000 Franc (291 B/.) | 600 B/. | - 51% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 368,593 Franc (43 B/.) | 88 B/. | - 51% | |
| Internet 8 mbps (1 month) | 702,387 Franc (82 B/.) | 43 B/. | + 90% | |
| 40” flat screen tv | 3,498,220 Franc (407 B/.) | 351 B/. | + 16% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 2,078,700 Franc (242 B/.) | 99 B/. | + 143% | |
| Laundry detergent (3 l. ~ 100 oz.) | 266,332 Franc (31 B/.) | 9 B/. | + 250% | |
| Hourly rate for cleaning help | - | 4.57 B/. | - | |
| Clothes | + 37% | |||
| Clothes in Conakry (Guinea) is 37% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Conakry | Panama City | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 820,588 Franc (96 B/.) | 54 B/. | + 78% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 369,850 Franc (43 B/.) | 37 B/. | + 16% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 1,074,370 Franc (125 B/.) | 86 B/. | + 45% | |
| 1 pair of men’s leather business shoes | 925,628 Franc (108 B/.) | 86 B/. | + 25% | |
| Transportation | - 16% | |||
| Transportation in Conakry (Guinea) is 16% cheaper than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Conakry | Panama City | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 95,000,000 Franc (11,066 B/.) | 19,852 B/. | - 44% | |
| 1 liter (1/4 gallon) of gas | 10,280 Franc (1.20 B/.) | 1.20 B/. | + 0% | |
| Monthly ticket public transport | 233,871 Franc (27 B/.) | 32 B/. | - 14% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 78,965 Franc (9 B/.) | 8 B/. | + 19% | |
| Personal Care | - 2% | |||
| Personal Care in Conakry (Guinea) is about the same as in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Conakry | Panama City | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 40,432 Franc (4.71 B/.) | 8 B/. | - 42% | |
| 1 box of antibiotics (12 doses) | 320,000 Franc (37 B/.) | 22 B/. | + 70% | |
| Short visit to private doctor (15 minutes) | 274,494 Franc (32 B/.) | 49 B/. | - 35% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | 7 B/. | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 26,501 Franc (3.09 B/.) | 4.03 B/. | - 23% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 34,290 Franc (3.99 B/.) | 7 B/. | - 45% | |
| 4 rolls of toilet paper | 38,528 Franc (4.49 B/.) | 3.45 B/. | + 30% | |
| Tube of toothpaste | 26,902 Franc (3.13 B/.) | 3.63 B/. | - 14% | |
| Standard men's haircut in expat area of the city | 77,840 Franc (9 B/.) | 17 B/. | - 45% | |
| Entertainment | + 8% | |||
| Entertainment in Conakry (Guinea) is 8% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Conakry | Panama City | Diff | ||
| Basic dinner out for two in neighborhood pub | 283,408 Franc (33 B/.) | 36 B/. | - 8% | |
| 2 tickets to the movies | 50,000 Franc (5.82 B/.) | 14 B/. | - 58% | |
| 2 tickets to the theater (best available seats) | - | 45 B/. | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 560,453 Franc (65 B/.) | 57 B/. | + 14% | |
| 1 cocktail drink in downtown club | 138,643 Franc (16 B/.) | 10 B/. | + 70% | |
| Cappuccino in expat area of the city | 32,361 Franc (3.77 B/.) | 5.71 B/. | - 34% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 28,350 Franc (3.30 B/.) | 2.84 B/. | + 16% | |
| Ipad wi-fi 128gb | - | 680 B/. | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 2,923 Franc (0.34 B/.) | 0.32 B/. | + 5% | |
| 1 month of gym membership in business district | 714,969 Franc (83 B/.) | 51 B/. | + 63% | |
| 1 package of marlboro cigarettes | 57,795 Franc (7 B/.) | 5.97 B/. | + 13% | |
 |
TOTAL | + 3% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 562 prices entered by 67 different people.
These prices were last updated on September 30, 2023.
Exchange rate:
0.00012
PAB
/
GNF
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For example, you would need at least 4,448 B/. (38,190,154 Franc) in Conakry to maintain the same standard of living that you can have with 4,300 B/. in Panama City.
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