Cost of living in Panama City, Panama vs Verona, Italy
Currency:
| Food | - 15% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 15% cheaper than in Verona (Italy) | ||||
| Basic lunchtime menu (including a drink) in the business district | 13 B/. (€11) | €13 | - 16% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (€5.97) | €8 | - 25% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.07 B/. (€2.54) | €4.33 | - 41% | |
| 1 liter (1 qt.) of whole fat milk | 1.47 B/. (€1.22) | €1.37 | - 11% | |
| 12 eggs, large | 2.81 B/. (€2.32) | €4.20 | - 45% | |
| 1 kg (2 lb.) of tomatoes | 2.71 B/. (€2.24) | €1.87 | + 20% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (€4.97) | €5.74 | - 13% | |
| 1 kg (2 lb.) of apples | 3.22 B/. (€2.67) | €1.70 | + 57% | |
| 1 kg (2 lb.) of potatoes | 2.00 B/. (€1.65) | €1.39 | + 19% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.04 B/. (€0.86) | €1.38 | - 38% | |
| 1 bottle of red table wine, good quality | 10 B/. (€8) | €7 | + 21% | |
| 2 liters of coca-cola | 2.22 B/. (€1.84) | €2.27 | - 19% | |
| Bread for 2 people for 1 day | 1.61 B/. (€1.33) | €1.03 | + 29% | |
| Housing | + 5% | |||
| Housing in Panama City (Panama) is 5% more expensive than in Verona (Italy) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,323 B/. (€1,095) | €965 | + 14% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 911 B/. (€754) | €672 | + 12% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 112 B/. (€93) | €178 | - 48% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 955 B/. (€790) | €630 | + 25% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 653 B/. (€541) | €483 | + 12% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 96 B/. (€80) | €100 | - 21% | |
| Internet 8 mbps (1 month) | 40 B/. (€33) | €24 | + 37% | |
| 40” flat screen tv | 401 B/. (€332) | €431 | - 23% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 124 B/. (€103) | €122 | - 15% | |
| Laundry detergent (3 l. ~ 100 oz.) | 6 B/. (€5.32) | €4.99 | + 7% | |
| Hourly rate for cleaning help | 5.98 B/. (€4.95) | €9 | - 45% | |
| Clothes | - 37% | |||
| Clothes in Panama City (Panama) is 37% cheaper than in Verona (Italy) | ||||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (€40) | €94 | - 58% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (€28) | €35 | - 18% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 69 B/. (€57) | €91 | - 38% | |
| 1 pair of men’s leather business shoes | 80 B/. (€66) | €130 | - 49% | |
| Transportation | - 30% | |||
| Transportation in Panama City (Panama) is 30% cheaper than in Verona (Italy) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 19,059 B/. (€15,776) | €20,723 | - 24% | |
| 1 liter (1/4 gallon) of gas | 0.67 B/. (€0.55) | €1.45 | - 62% | |
| Monthly ticket public transport | 37 B/. (€30) | €34 | - 12% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 12 B/. (€10) | €20 | - 50% | |
| Personal Care | - 15% | |||
| Personal Care in Panama City (Panama) is 15% cheaper than in Verona (Italy) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (€7) | €8 | - 2% | |
| 1 box of antibiotics (12 doses) | 23 B/. (€19) | €8 | + 153% | |
| Short visit to private doctor (15 minutes) | 42 B/. (€34) | €99 | - 65% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.39 B/. (€3.63) | €5.45 | - 33% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.60 B/. (€2.98) | €3.61 | - 17% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.71 B/. (€4.73) | €3.88 | + 22% | |
| 4 rolls of toilet paper | 2.20 B/. (€1.82) | €1.61 | + 13% | |
| Tube of toothpaste | 2.57 B/. (€2.13) | €2.34 | - 9% | |
| Standard men's haircut in expat area of the city | 15 B/. (€13) | €19 | - 34% | |
| Entertainment | - 17% | |||
| Entertainment in Panama City (Panama) is 17% cheaper than in Verona (Italy) | ||||
| Basic dinner out for two in neighborhood pub | 32 B/. (€27) | €39 | - 32% | |
| 2 tickets to the movies | 12 B/. (€10) | €16 | - 41% | |
| 2 tickets to the theater (best available seats) | 45 B/. (€37) | €94 | - 60% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (€45) | €58 | - 22% | |
| 1 cocktail drink in downtown club | 10 B/. (€8) | €7 | + 10% | |
| Cappuccino in expat area of the city | 4.84 B/. (€4.01) | €1.45 | + 175% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.83 B/. (€3.17) | €4.61 | - 31% | |
| Ipad wi-fi 128gb | 519 B/. (€429) | €447 | - 4% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.24 B/. (€0.20) | €0.18 | + 9% | |
| 1 month of gym membership in business district | 48 B/. (€39) | €48 | - 19% | |
| 1 package of marlboro cigarettes | 5.49 B/. (€4.55) | €5.29 | - 14% | |
| TOTAL | - 15% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 647 prices entered by 74 different people.
These prices were last updated on March 01, 2021.
Exchange rate:
0.828
EUR
/
PAB
Do you live in Verona? We need your help!
Recent Comparisons
- Cost of living in Valencia is 87% cheaper than in London
- Cost of living in Montevideo is 76% more expensive than in Buenos Aires
- Cost of living in San Francisco, California is about the same as in San Francisco, California
- Cost of living in Madrid is 138% more expensive than in Buenos Aires
- Cost of living in Auckland is 41% more expensive than in Barcelona
- Cost of living in London is 64% more expensive than in Barcelona
- Cost of living in Salvador is 6% more expensive than in Buenos Aires
- Cost of living in New York City is about the same as in London
- Cost of living in Valencia is 100% more expensive than in Buenos Aires
- Cost of living in London is 18% more expensive than in Paris
Compare other countries
Cost of Living and Prices in Similar Cities
- Cost of Living, Prices in Quito (Ecuador)
- Cost of Living, Prices in Guatemala City (Guatemala)
- Cost of Living, Prices in Dallas, Texas (United States)
- Cost of Living, Prices in Oporto (Portugal)
- Cost of Living, Prices in Venice (Italy)
- Cost of Living, Prices in Brighton and Hove (United Kingdom)
- Cost of Living, Prices in Barranquilla (Colombia)
- Cost of Living, Prices in Geneva (Switzerland)
Cost of living in Panama City (Panama) is 15% cheaper than in Verona (Italy)
For example, to keep the same standard of living that would require €2,700 in Verona you would need to make just about €2,290 (2,767 B/.) in Panama City.
Prices recently added
- Combo meal in fast food restaurant (big mac meal or similar) in Boston, Massachusetts costs $8 (14 minutes ago)
- Basic lunchtime menu (including a drink) in the business district in Tampa, Florida costs $7 (31 minutes ago)
- Monthly rent - 900 sqft furnished accommodation in expensive area in Kolkata costs ₨15,248 (about 2 hours ago)
- 16 oz beer in neighbourhood pub in Boulder, Colorado costs $6 (about 3 hours ago)
- Internet connection 300 mbps, 1 month in São Paulo costs R$ 200 (about 3 hours ago)
- Monthly rent - 900 sqft furnished accommodation in expensive area in Houston, Texas costs $1,830 (about 3 hours ago)