Cost of living in Panama City (Panama) is 24% more expensive than in Tucumán (Argentina)
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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 295 prices entered by 57 different people.
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Tucumán has artificial and unrealistic official exchange rates.
You can also get this comparison using the parallel street rate in Tucumán.
Full price comparison, by category
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Currency:
| Food | - 17% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 17% cheaper than in Tucumán (Argentina) | ||||
| Update prices | Update prices | |||
| Panama City | Tucumán | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 14 B/. (ARS $13,825) | ARS $39,509 | - 65% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (ARS $6,424) | ARS $5,313 | + 21% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.30 B/. (ARS $3,213) | ARS $2,831 | + 13% | |
| 1 liter (1 qt.) of whole fat milk | 1.74 B/. (ARS $1,694) | ARS $1,400 | + 21% | |
| 12 eggs, large | 2.70 B/. (ARS $2,628) | ARS $1,892 | + 39% | |
| 1 kg (2 lb.) of tomatoes | 2.56 B/. (ARS $2,492) | ARS $2,394 | + 4% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (ARS $6,061) | ARS $4,227 | + 43% | |
| 1 kg (2 lb.) of apples | 2.46 B/. (ARS $2,398) | ARS $1,926 | + 25% | |
| 1 kg (2 lb.) of potatoes | 2.36 B/. (ARS $2,299) | ARS $957 | + 140% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.07 B/. (ARS $1,043) | ARS $367 | + 184% | |
| 1 bottle of red table wine, good quality | 10 B/. (ARS $9,693) | ARS $2,958 | + 228% | |
| 2 liters of coca-cola | 2.55 B/. (ARS $2,480) | ARS $1,866 | + 33% | |
| Bread for 2 people for 1 day | 1.71 B/. (ARS $1,660) | ARS $373 | + 345% | |
| Housing | + 144% | |||
| Housing in Panama City (Panama) is 144% more expensive than in Tucumán (Argentina) | ||||
| Update prices | Update prices | |||
| Panama City | Tucumán | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,542 B/. (ARS $1,501,190) | ARS $400,000 | + 275% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 913 B/. (ARS $888,332) | ARS $280,000 | + 217% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 136 B/. (ARS $132,018) | ARS $74,180 | + 78% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 897 B/. (ARS $873,011) | ARS $422,658 | + 107% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 587 B/. (ARS $571,218) | ARS $150,000 | + 281% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 95 B/. (ARS $92,615) | ARS $49,899 | + 86% | |
| Internet 8 mbps (1 month) | 40 B/. (ARS $39,318) | ARS $15,000 | + 162% | |
| 40” flat screen tv | 333 B/. (ARS $324,542) | ARS $371,453 | - 13% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 99 B/. (ARS $96,827) | ARS $371,524 | - 74% | |
| Laundry detergent (3 l. ~ 100 oz.) | 16 B/. (ARS $15,167) | ARS $2,992 | + 407% | |
| Hourly rate for cleaning help | 5.44 B/. (ARS $5,297) | ARS $1,410 | + 276% | |
| Clothes | - 34% | |||
| Clothes in Panama City (Panama) is 34% cheaper than in Tucumán (Argentina) | ||||
| Update prices | Update prices | |||
| Panama City | Tucumán | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 55 B/. (ARS $53,338) | ARS $130,386 | - 59% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 41 B/. (ARS $39,753) | ARS $45,515 | - 13% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 94 B/. (ARS $91,652) | ARS $139,862 | - 34% | |
| 1 pair of men’s leather business shoes | 96 B/. (ARS $93,598) | ARS $115,821 | - 19% | |
| Transportation | + 15% | |||
| Transportation in Panama City (Panama) is 15% more expensive than in Tucumán (Argentina) | ||||
| Update prices | Update prices | |||
| Panama City | Tucumán | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,092 B/. (ARS $21,502,633) | ARS $28,460,900 | - 24% | |
| 1 liter (1/4 gallon) of gas | 1.10 B/. (ARS $1,071) | ARS $1,387 | - 23% | |
| Monthly ticket public transport | 29 B/. (ARS $28,348) | ARS $12,883 | + 120% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 8 B/. (ARS $7,620) | - | - | |
| Personal Care | + 62% | |||
| Personal Care in Panama City (Panama) is 62% more expensive than in Tucumán (Argentina) | ||||
| Update prices | Update prices | |||
| Panama City | Tucumán | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (ARS $7,382) | ARS $11,691 | - 37% | |
| 1 box of antibiotics (12 doses) | 22 B/. (ARS $21,312) | ARS $19,697 | + 8% | |
| Short visit to private doctor (15 minutes) | 52 B/. (ARS $50,997) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (ARS $7,174) | ARS $1,459 | + 392% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.13 B/. (ARS $4,993) | ARS $752 | + 564% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (ARS $6,960) | ARS $826 | + 743% | |
| 4 rolls of toilet paper | 3.09 B/. (ARS $3,005) | ARS $1,488 | + 102% | |
| Tube of toothpaste | 3.08 B/. (ARS $3,001) | ARS $1,101 | + 173% | |
| Standard men's haircut in expat area of the city | 17 B/. (ARS $16,613) | ARS $5,902 | + 181% | |
| Entertainment | + 36% | |||
| Entertainment in Panama City (Panama) is 36% more expensive than in Tucumán (Argentina) | ||||
| Update prices | Update prices | |||
| Panama City | Tucumán | Diff | ||
| Basic dinner out for two in neighborhood pub | 35 B/. (ARS $33,954) | ARS $22,700 | + 50% | |
| 2 tickets to the movies | 12 B/. (ARS $11,564) | ARS $19,877 | - 42% | |
| 2 tickets to the theater (best available seats) | 45 B/. (ARS $44,108) | ARS $6,894 | + 540% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 68 B/. (ARS $66,604) | ARS $59,494 | + 12% | |
| 1 cocktail drink in downtown club | 10 B/. (ARS $10,125) | ARS $713 | + 1319% | |
| Cappuccino in expat area of the city | 5.62 B/. (ARS $5,466) | ARS $4,776 | + 14% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.30 B/. (ARS $4,183) | ARS $984 | + 325% | |
| Ipad wi-fi 128gb | 680 B/. (ARS $662,072) | ARS $1,687,720 | - 61% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.32 B/. (ARS $316) | ARS $15 | + 1990% | |
| 1 month of gym membership in business district | 60 B/. (ARS $57,915) | ARS $24,103 | + 140% | |
| 1 package of marlboro cigarettes | 5.96 B/. (ARS $5,801) | ARS $627 | + 825% | |
 |
TOTAL | + 24% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 295 prices entered by 57 different people.
These prices were last updated on October 10, 2024.
Exchange rate:
973.313
ARS
/
PAB
*
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For example, you would need at least ARS $1,554,891 (1,598 B/.) in Panama City to maintain the same standard of living that you can have with ARS $1,250,000 in Tucumán.
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