Cost of living in Panama compared to Kuwait
Currency:
Food | + 6% | |||
---|---|---|---|---|
Food in Panama is 6% more expensive than in Kuwait | ||||
Panama | Kuwait | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 13 B/. (Dinar 4.145) | Dinar 5.024 | - 17% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (Dinar 2.254) | Dinar 1.980 | + 14% | |
500 gr (1 lb.) of boneless chicken breast | 3.80 B/. (Dinar 1.167) | Dinar 1.562 | - 25% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (Dinar 0.531) | Dinar 0.511 | + 4% | |
12 eggs, large | 3.37 B/. (Dinar 1.037) | Dinar 0.718 | + 44% | |
1 kg (2 lb.) of tomatoes | 2.48 B/. (Dinar 0.764) | Dinar 0.592 | + 29% | |
500 gr (16 oz.) of local cheese | 6 B/. (Dinar 1.888) | Dinar 2.236 | - 16% | |
1 kg (2 lb.) of apples | 2.66 B/. (Dinar 0.819) | Dinar 0.871 | - 6% | |
1 kg (2 lb.) of potatoes | 2.34 B/. (Dinar 0.719) | Dinar 0.453 | + 59% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.95 B/. (Dinar 0.292) | - | - | |
1 bottle of red table wine, good quality | 11 B/. (Dinar 3.374) | - | - | |
2 liters of coca-cola | 2.56 B/. (Dinar 0.787) | Dinar 0.362 | + 118% | |
Bread for 2 people for 1 day | 1.27 B/. (Dinar 0.392) | Dinar 0.172 | + 127% | |
Housing | - 51% | |||
Housing in Panama is 51% cheaper than in Kuwait | ||||
Panama | Kuwait | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,244 B/. (Dinar 382) | Dinar 369 | + 4% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 790 B/. (Dinar 243) | Dinar 422 | - 42% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 115 B/. (Dinar 35) | Dinar 306 | - 88% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 755 B/. (Dinar 232) | Dinar 399 | - 42% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 507 B/. (Dinar 156) | Dinar 344 | - 55% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (Dinar 30) | Dinar 284 | - 89% | |
Internet 8 mbps (1 month) | 36 B/. (Dinar 11) | Dinar 10 | + 15% | |
40” flat screen tv | 308 B/. (Dinar 95) | Dinar 82 | + 16% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98 B/. (Dinar 30) | Dinar 24 | + 24% | |
Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (Dinar 2.276) | Dinar 3.128 | - 27% | |
Hourly rate for cleaning help | 10 B/. (Dinar 3.130) | Dinar 2.897 | + 8% | |
Clothes | - 40% | |||
Clothes in Panama is 40% cheaper than in Kuwait | ||||
Panama | Kuwait | Diff | ||
1 pair of jeans (levis 501 or similar) | 49 B/. (Dinar 15) | Dinar 20 | - 23% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 33 B/. (Dinar 10) | Dinar 23 | - 54% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 87 B/. (Dinar 27) | Dinar 29 | - 9% | |
1 pair of men’s leather business shoes | 79 B/. (Dinar 24) | Dinar 28 | - 14% | |
Transportation | - 33% | |||
Transportation in Panama is 33% cheaper than in Kuwait | ||||
Panama | Kuwait | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (Dinar 7,011) | Dinar 12,421 | - 44% | |
1 liter (1/4 gallon) of gas | 1.08 B/. (Dinar 0.332) | Dinar 0.097 | + 243% | |
Monthly ticket public transport | 25 B/. (Dinar 8) | Dinar 15 | - 48% | |
Personal Care | - 30% | |||
Personal Care in Panama is 30% cheaper than in Kuwait | ||||
Panama | Kuwait | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (Dinar 2.583) | Dinar 1.873 | + 38% | |
1 box of antibiotics (12 doses) | 17 B/. (Dinar 5.257) | Dinar 4.032 | + 30% | |
Short visit to private doctor (15 minutes) | 29 B/. (Dinar 9) | Dinar 29 | - 69% | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (Dinar 1.690) | Dinar 2.011 | - 16% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.21 B/. (Dinar 0.988) | Dinar 2.742 | - 64% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (Dinar 2.085) | Dinar 2.532 | - 18% | |
4 rolls of toilet paper | 2.68 B/. (Dinar 0.825) | Dinar 0.607 | + 36% | |
Tube of toothpaste | 2.72 B/. (Dinar 0.837) | Dinar 0.520 | + 61% | |
Standard men's haircut in expat area of the city | 15 B/. (Dinar 4.703) | Dinar 4.846 | - 3% | |
Entertainment | - 11% | |||
Entertainment in Panama is 11% cheaper than in Kuwait | ||||
Panama | Kuwait | Diff | ||
Basic dinner out for two in neighborhood pub | 34 B/. (Dinar 10) | Dinar 18 | - 40% | |
2 tickets to the movies | 12 B/. (Dinar 3.735) | Dinar 7 | - 47% | |
2 tickets to the theater (best available seats) | 36 B/. (Dinar 11) | Dinar 20 | - 45% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 58 B/. (Dinar 18) | Dinar 31 | - 43% | |
1 cocktail drink in downtown club | 10 B/. (Dinar 3.056) | - | - | |
Cappuccino in expat area of the city | 4.92 B/. (Dinar 1.511) | Dinar 1.886 | - 20% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.83 B/. (Dinar 0.869) | - | - | |
Ipad wi-fi 128gb | 663 B/. (Dinar 204) | Dinar 135 | + 51% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (Dinar 0.088) | Dinar 0.041 | + 116% | |
1 month of gym membership in business district | 49 B/. (Dinar 15) | Dinar 20 | - 24% | |
1 package of marlboro cigarettes | 5.65 B/. (Dinar 1.737) | Dinar 2.318 | - 25% | |
TOTAL | - 31% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 711 prices entered by 132 different people.
These prices were last updated on March 17, 2024.
Exchange rate:
0.30738
KWD
/
PAB
Cost of living in Panama is 31% cheaper than in Kuwait
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