Cost of living in Panama City (Panama) is 114% more expensive than in Pasto (Colombia)
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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 306 prices entered by 47 different people.
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Currency:
Food | + 100% | |||
---|---|---|---|---|
Food in Panama City (Panama) is 100% more expensive than in Pasto (Colombia) | ||||
Update prices | Update prices | |||
Panama City | Pasto | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 16 B/. (COL$66,985) | COL$24,763 | + 171% | |
Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (COL$31,719) | COL$18,781 | + 69% | |
500 gr (1 lb.) of boneless chicken breast | 3.36 B/. (COL$13,913) | COL$9,535 | + 46% | |
1 liter (1 qt.) of whole fat milk | 1.79 B/. (COL$7,416) | COL$4,730 | + 57% | |
12 eggs, large | 2.79 B/. (COL$11,558) | COL$7,368 | + 57% | |
1 kg (2 lb.) of tomatoes | 2.49 B/. (COL$10,300) | COL$3,142 | + 228% | |
500 gr (16 oz.) of local cheese | 6 B/. (COL$26,645) | COL$10,077 | + 164% | |
1 kg (2 lb.) of apples | 3.23 B/. (COL$13,384) | COL$5,778 | + 132% | |
1 kg (2 lb.) of potatoes | 2.37 B/. (COL$9,819) | COL$3,256 | + 202% | |
0.5 l (16 oz) domestic beer in the supermarket | 1.40 B/. (COL$5,793) | COL$3,644 | + 59% | |
1 bottle of red table wine, good quality | 10 B/. (COL$41,690) | COL$35,166 | + 19% | |
2 liters of coca-cola | 2.31 B/. (COL$9,565) | COL$6,303 | + 52% | |
Bread for 2 people for 1 day | 1.49 B/. (COL$6,165) | COL$2,218 | + 178% | |
Housing | + 211% | |||
Housing in Panama City (Panama) is 211% more expensive than in Pasto (Colombia) | ||||
Update prices | Update prices | |||
Panama City | Pasto | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,441 B/. (COL$5,959,895) | COL$1,973,480 | + 202% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 929 B/. (COL$3,843,033) | COL$872,482 | + 340% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 130 B/. (COL$537,899) | COL$160,349 | + 235% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 998 B/. (COL$4,128,706) | COL$872,521 | + 373% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 619 B/. (COL$2,560,264) | COL$669,622 | + 282% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 93 B/. (COL$384,168) | COL$102,800 | + 274% | |
Internet 8 mbps (1 month) | 39 B/. (COL$162,696) | COL$62,211 | + 162% | |
40” flat screen tv | 333 B/. (COL$1,379,439) | COL$1,124,730 | + 23% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 99 B/. (COL$411,093) | COL$347,526 | + 18% | |
Laundry detergent (3 l. ~ 100 oz.) | 12 B/. (COL$47,764) | COL$25,509 | + 87% | |
Hourly rate for cleaning help | 7 B/. (COL$30,142) | COL$20,479 | + 47% | |
Clothes | + 87% | |||
Clothes in Panama City (Panama) is 87% more expensive than in Pasto (Colombia) | ||||
Update prices | Update prices | |||
Panama City | Pasto | Diff | ||
1 pair of jeans (levis 501 or similar) | 64 B/. (COL$263,950) | COL$139,862 | + 89% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 46 B/. (COL$190,289) | COL$90,379 | + 111% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 99 B/. (COL$411,098) | COL$296,953 | + 38% | |
1 pair of men’s leather business shoes | 97 B/. (COL$402,440) | COL$213,403 | + 89% | |
Transportation | + 27% | |||
Transportation in Panama City (Panama) is 27% more expensive than in Pasto (Colombia) | ||||
Update prices | Update prices | |||
Panama City | Pasto | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,242 B/. (COL$92,017,056) | COL$54,063,500 | + 70% | |
1 liter (1/4 gallon) of gas | 1.01 B/. (COL$4,179) | COL$3,105 | + 35% | |
Monthly ticket public transport | 25 B/. (COL$101,691) | COL$93,075 | + 9% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 9 B/. (COL$38,754) | COL$31,704 | + 22% | |
Personal Care | + 166% | |||
Personal Care in Panama City (Panama) is 166% more expensive than in Pasto (Colombia) | ||||
Update prices | Update prices | |||
Panama City | Pasto | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 10 B/. (COL$39,853) | COL$11,737 | + 240% | |
1 box of antibiotics (12 doses) | 20 B/. (COL$83,070) | COL$17,444 | + 376% | |
Short visit to private doctor (15 minutes) | 54 B/. (COL$223,755) | COL$59,862 | + 274% | |
1 box of 32 tampons (tampax, ob, ...) | 7 B/. (COL$29,636) | COL$12,752 | + 132% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.01 B/. (COL$20,712) | COL$12,529 | + 65% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (COL$34,388) | COL$17,378 | + 98% | |
4 rolls of toilet paper | 3.34 B/. (COL$13,838) | COL$5,817 | + 138% | |
Tube of toothpaste | 3.71 B/. (COL$15,336) | COL$3,726 | + 312% | |
Standard men's haircut in expat area of the city | 16 B/. (COL$67,708) | COL$22,163 | + 206% | |
Entertainment | + 169% | |||
Entertainment in Panama City (Panama) is 169% more expensive than in Pasto (Colombia) | ||||
Update prices | Update prices | |||
Panama City | Pasto | Diff | ||
Basic dinner out for two in neighborhood pub | 37 B/. (COL$151,813) | COL$19,326 | + 686% | |
2 tickets to the movies | 11 B/. (COL$44,530) | COL$22,283 | + 100% | |
2 tickets to the theater (best available seats) | 36 B/. (COL$148,208) | - | - | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 60 B/. (COL$249,821) | COL$77,031 | + 224% | |
1 cocktail drink in downtown club | 11 B/. (COL$45,438) | COL$15,380 | + 195% | |
Cappuccino in expat area of the city | 4.97 B/. (COL$20,567) | COL$7,770 | + 165% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.99 B/. (COL$12,380) | COL$4,763 | + 160% | |
Ipad wi-fi 128gb | 606 B/. (COL$2,508,371) | COL$2,547,040 | - 2% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.33 B/. (COL$1,374) | COL$227 | + 506% | |
1 month of gym membership in business district | 50 B/. (COL$204,813) | COL$98,396 | + 108% | |
1 package of marlboro cigarettes | 6 B/. (COL$25,821) | COL$4,918 | + 425% | |
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TOTAL | + 114% |

These prices were last updated on February 18, 2025.
Exchange rate:
4137.179
COP
/
PAB
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For example, you would need at least COL$12,366,796 (2,989 B/.) in Panama City to maintain the same standard of living that you can have with COL$5,780,000 in Pasto.
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