Cost of living in Panama compared to Macedonia
Currency:
Food | + 23% | |||
---|---|---|---|---|
Food in Panama is 23% more expensive than in Macedonia | ||||
Panama | Macedonia | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 13 B/. (762 ден) | 776 ден | - 2% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (414 ден) | 327 ден | + 27% | |
500 gr (1 lb.) of boneless chicken breast | 3.80 B/. (214 ден) | 255 ден | - 16% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (98 ден) | 74 ден | + 31% | |
12 eggs, large | 3.37 B/. (191 ден) | 139 ден | + 38% | |
1 kg (2 lb.) of tomatoes | 2.48 B/. (140 ден) | 77 ден | + 83% | |
500 gr (16 oz.) of local cheese | 6 B/. (347 ден) | 235 ден | + 48% | |
1 kg (2 lb.) of apples | 2.66 B/. (150 ден) | 57 ден | + 165% | |
1 kg (2 lb.) of potatoes | 2.34 B/. (132 ден) | 47 ден | + 183% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.95 B/. (54 ден) | 58 ден | - 7% | |
1 bottle of red table wine, good quality | 11 B/. (620 ден) | 331 ден | + 87% | |
2 liters of coca-cola | 2.56 B/. (145 ден) | 96 ден | + 51% | |
Bread for 2 people for 1 day | 1.27 B/. (72 ден) | 53 ден | + 37% | |
Housing | + 41% | |||
Housing in Panama is 41% more expensive than in Macedonia | ||||
Panama | Macedonia | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,244 B/. (70,271 ден) | 39,662 ден | + 77% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 790 B/. (44,645 ден) | 25,511 ден | + 75% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 115 B/. (6,468 ден) | 7,801 ден | - 17% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 755 B/. (42,621 ден) | 28,140 ден | + 51% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 507 B/. (28,649 ден) | 20,534 ден | + 40% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (5,516 ден) | 6,942 ден | - 21% | |
Internet 8 mbps (1 month) | 36 B/. (2,021 ден) | 1,054 ден | + 92% | |
40” flat screen tv | 308 B/. (17,386 ден) | 28,656 ден | - 39% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98 B/. (5,517 ден) | 6,842 ден | - 19% | |
Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (418 ден) | 589 ден | - 29% | |
Hourly rate for cleaning help | 10 B/. (575 ден) | 531 ден | + 8% | |
Clothes | - 25% | |||
Clothes in Panama is 25% cheaper than in Macedonia | ||||
Panama | Macedonia | Diff | ||
1 pair of jeans (levis 501 or similar) | 49 B/. (2,770 ден) | 4,843 ден | - 43% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 33 B/. (1,890 ден) | 2,402 ден | - 21% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 87 B/. (4,934 ден) | 5,033 ден | - 2% | |
1 pair of men’s leather business shoes | 79 B/. (4,483 ден) | 5,583 ден | - 20% | |
Transportation | - 19% | |||
Transportation in Panama is 19% cheaper than in Macedonia | ||||
Panama | Macedonia | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (1,288,254 ден) | 1,434,760 ден | - 10% | |
1 liter (1/4 gallon) of gas | 1.08 B/. (61 ден) | 84 ден | - 27% | |
Monthly ticket public transport | 25 B/. (1,427 ден) | 1,858 ден | - 23% | |
Personal Care | + 29% | |||
Personal Care in Panama is 29% more expensive than in Macedonia | ||||
Panama | Macedonia | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (475 ден) | 280 ден | + 70% | |
1 box of antibiotics (12 doses) | 17 B/. (966 ден) | 698 ден | + 38% | |
Short visit to private doctor (15 minutes) | 29 B/. (1,653 ден) | 1,958 ден | - 16% | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (311 ден) | 242 ден | + 28% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.21 B/. (182 ден) | 206 ден | - 12% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (383 ден) | 239 ден | + 61% | |
4 rolls of toilet paper | 2.68 B/. (152 ден) | 92 ден | + 65% | |
Tube of toothpaste | 2.72 B/. (154 ден) | 121 ден | + 27% | |
Standard men's haircut in expat area of the city | 15 B/. (864 ден) | 305 ден | + 183% | |
Entertainment | + 3% | |||
Entertainment in Panama is about the same as in Macedonia | ||||
Panama | Macedonia | Diff | ||
Basic dinner out for two in neighborhood pub | 34 B/. (1,925 ден) | 1,397 ден | + 38% | |
2 tickets to the movies | 12 B/. (686 ден) | 672 ден | + 2% | |
2 tickets to the theater (best available seats) | 36 B/. (2,007 ден) | 1,232 ден | + 63% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 58 B/. (3,258 ден) | 2,556 ден | + 27% | |
1 cocktail drink in downtown club | 10 B/. (562 ден) | 294 ден | + 91% | |
Cappuccino in expat area of the city | 4.92 B/. (278 ден) | 164 ден | + 70% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.83 B/. (160 ден) | 152 ден | + 5% | |
Ipad wi-fi 128gb | 663 B/. (37,472 ден) | 40,000 ден | - 6% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (16 ден) | 20 ден | - 19% | |
1 month of gym membership in business district | 49 B/. (2,760 ден) | 3,686 ден | - 25% | |
1 package of marlboro cigarettes | 5.65 B/. (319 ден) | 167 ден | + 91% | |
TOTAL | + 9% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 698 prices entered by 86 different people.
These prices were last updated on March 16, 2024.
Exchange rate:
56.481
MKD
/
PAB
Cost of living in Panama is 9% more expensive than in Macedonia
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