Cost of living in Panama compared to Japan
Currency:
Food | + 12% | |||
---|---|---|---|---|
Food in Panama is 12% more expensive than in Japan | ||||
Panama | Japan | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 14 B/. (¥2,089) | ¥1,035 | + 102% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (¥1,004) | ¥796 | + 26% | |
500 gr (1 lb.) of boneless chicken breast | 3.30 B/. (¥502) | ¥518 | - 3% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (¥264) | ¥219 | + 21% | |
12 eggs, large | 2.63 B/. (¥400) | ¥320 | + 25% | |
1 kg (2 lb.) of tomatoes | 2.58 B/. (¥393) | ¥564 | - 30% | |
500 gr (16 oz.) of local cheese | 6 B/. (¥924) | ¥1,287 | - 28% | |
1 kg (2 lb.) of apples | 1.97 B/. (¥300) | ¥611 | - 51% | |
1 kg (2 lb.) of potatoes | 2.41 B/. (¥367) | ¥399 | - 8% | |
0.5 l (16 oz) domestic beer in the supermarket | 1.16 B/. (¥177) | ¥307 | - 43% | |
1 bottle of red table wine, good quality | 10 B/. (¥1,524) | ¥1,249 | + 22% | |
2 liters of coca-cola | 2.54 B/. (¥387) | ¥203 | + 90% | |
Bread for 2 people for 1 day | 1.15 B/. (¥175) | ¥177 | - 1% | |
Housing | - 20% | |||
Housing in Panama is 20% cheaper than in Japan | ||||
Panama | Japan | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,507 B/. (¥229,367) | ¥358,144 | - 36% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 905 B/. (¥137,730) | ¥174,960 | - 21% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 107 B/. (¥16,357) | ¥20,112 | - 19% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 875 B/. (¥133,161) | ¥167,408 | - 20% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 559 B/. (¥85,118) | ¥104,544 | - 19% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 100 B/. (¥15,235) | ¥13,280 | + 15% | |
Internet 8 mbps (1 month) | 35 B/. (¥5,375) | ¥4,420 | + 22% | |
40” flat screen tv | 317 B/. (¥48,265) | ¥61,842 | - 22% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 116 B/. (¥17,655) | ¥10,283 | + 72% | |
Laundry detergent (3 l. ~ 100 oz.) | 45 B/. (¥6,848) | ¥1,221 | + 461% | |
Hourly rate for cleaning help | 7 B/. (¥1,018) | ¥2,831 | - 64% | |
Clothes | + 17% | |||
Clothes in Panama is 17% more expensive than in Japan | ||||
Panama | Japan | Diff | ||
1 pair of jeans (levis 501 or similar) | 36 B/. (¥5,479) | ¥8,396 | - 35% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 47 B/. (¥7,079) | ¥5,233 | + 35% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 96 B/. (¥14,604) | ¥9,250 | + 58% | |
1 pair of men’s leather business shoes | 94 B/. (¥14,322) | ¥12,490 | + 15% | |
Transportation | - 38% | |||
Transportation in Panama is 38% cheaper than in Japan | ||||
Panama | Japan | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (¥3,471,097) | ¥2,997,460 | + 16% | |
1 liter (1/4 gallon) of gas | 1.01 B/. (¥154) | ¥169 | - 9% | |
Monthly ticket public transport | 25 B/. (¥3,844) | ¥9,067 | - 58% | |
Personal Care | - 7% | |||
Personal Care in Panama is 7% cheaper than in Japan | ||||
Panama | Japan | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (¥1,085) | ¥2,533 | - 57% | |
1 box of antibiotics (12 doses) | 17 B/. (¥2,603) | ¥2,993 | - 13% | |
Short visit to private doctor (15 minutes) | 59 B/. (¥8,956) | ¥6,000 | + 49% | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (¥837) | ¥1,337 | - 37% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.33 B/. (¥812) | ¥948 | - 14% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (¥1,048) | ¥622 | + 69% | |
4 rolls of toilet paper | 2.64 B/. (¥402) | ¥224 | + 79% | |
Tube of toothpaste | 2.96 B/. (¥450) | ¥204 | + 120% | |
Standard men's haircut in expat area of the city | 14 B/. (¥2,202) | ¥4,495 | - 51% | |
Entertainment | + 14% | |||
Entertainment in Panama is 14% more expensive than in Japan | ||||
Panama | Japan | Diff | ||
Basic dinner out for two in neighborhood pub | 37 B/. (¥5,558) | ¥5,113 | + 9% | |
2 tickets to the movies | 12 B/. (¥1,842) | ¥3,833 | - 52% | |
2 tickets to the theater (best available seats) | 36 B/. (¥5,407) | ¥12,839 | - 58% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 82 B/. (¥12,538) | ¥7,916 | + 58% | |
1 cocktail drink in downtown club | 9 B/. (¥1,331) | ¥1,898 | - 30% | |
Cappuccino in expat area of the city | 4.92 B/. (¥748) | ¥532 | + 41% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 8 B/. (¥1,221) | ¥696 | + 75% | |
Ipad wi-fi 128gb | 663 B/. (¥100,966) | ¥51,659 | + 95% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (¥43) | ¥52 | - 17% | |
1 month of gym membership in business district | 80 B/. (¥12,175) | ¥9,541 | + 28% | |
1 package of marlboro cigarettes | 6 B/. (¥941) | ¥596 | + 58% | |
TOTAL | - 13% |
These prices were last updated on November 09, 2024.
Exchange rate:
152.184
JPY
/
PAB
This comparison is based on abundant and consistent data. It is based on 1,025 prices entered by 198 different people.
Cost of living in Panama is 13% cheaper than in Japan
Other Country Comparisons
- Cost of living in Armenia is 16% cheaper than in Japan
- Cost of living in Albania is 36% cheaper than in Japan
- Cost of living in Antarctica is in Japan
- Cost of living in American Samoa is in Japan
- Cost of living in Angola is 31% cheaper than in Japan
- Cost of living in Afghanistan is 38% cheaper than in Japan
- Cost of living in Netherlands Antilles is 21% more expensive than in Japan
- Cost of living in Argentina is 7% cheaper than in Japan