Cost of living in Panama compared to Nepal
Currency:
Food | + 135% | |||
---|---|---|---|---|
Food in Panama is 135% more expensive than in Nepal | ||||
Panama | Nepal | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 13 B/. (₨ 1,788) | ₨ 228 | + 684% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (₨ 972) | ₨ 531 | + 83% | |
500 gr (1 lb.) of boneless chicken breast | 3.80 B/. (₨ 504) | ₨ 229 | + 120% | |
1 liter (1 qt.) of whole fat milk | 1.73 B/. (₨ 229) | ₨ 90 | + 155% | |
12 eggs, large | 3.37 B/. (₨ 447) | ₨ 177 | + 152% | |
1 kg (2 lb.) of tomatoes | 2.48 B/. (₨ 330) | ₨ 84 | + 290% | |
500 gr (16 oz.) of local cheese | 6 B/. (₨ 815) | ₨ 455 | + 79% | |
1 kg (2 lb.) of apples | 2.66 B/. (₨ 353) | ₨ 264 | + 34% | |
1 kg (2 lb.) of potatoes | 2.34 B/. (₨ 310) | ₨ 50 | + 524% | |
0.5 l (16 oz) domestic beer in the supermarket | 0.95 B/. (₨ 126) | ₨ 194 | - 35% | |
1 bottle of red table wine, good quality | 11 B/. (₨ 1,456) | ₨ 927 | + 57% | |
2 liters of coca-cola | 2.56 B/. (₨ 340) | ₨ 241 | + 41% | |
Bread for 2 people for 1 day | 1.27 B/. (₨ 169) | ₨ 59 | + 186% | |
Housing | + 208% | |||
Housing in Panama is 208% more expensive than in Nepal | ||||
Panama | Nepal | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,244 B/. (₨ 165,008) | ₨ 45,306 | + 264% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 790 B/. (₨ 104,833) | ₨ 30,940 | + 239% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 115 B/. (₨ 15,188) | ₨ 5,538 | + 174% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 755 B/. (₨ 100,081) | ₨ 25,000 | + 300% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 507 B/. (₨ 67,272) | ₨ 15,000 | + 348% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (₨ 12,952) | ₨ 3,000 | + 332% | |
Internet 8 mbps (1 month) | 36 B/. (₨ 4,746) | ₨ 1,124 | + 322% | |
40” flat screen tv | 308 B/. (₨ 40,826) | ₨ 40,000 | + 2% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98 B/. (₨ 12,954) | ₨ 15,000 | - 14% | |
Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (₨ 982) | ₨ 2,500 | - 61% | |
Hourly rate for cleaning help | 10 B/. (₨ 1,351) | ₨ 500 | + 170% | |
Clothes | - 24% | |||
Clothes in Panama is 24% cheaper than in Nepal | ||||
Panama | Nepal | Diff | ||
1 pair of jeans (levis 501 or similar) | 49 B/. (₨ 6,505) | ₨ 3,288 | + 98% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 33 B/. (₨ 4,437) | ₨ 8,999 | - 51% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 87 B/. (₨ 11,586) | ₨ 8,704 | + 33% | |
1 pair of men’s leather business shoes | 79 B/. (₨ 10,528) | ₨ 7,999 | + 32% | |
Transportation | + 3% | |||
Transportation in Panama is about the same as in Nepal | ||||
Panama | Nepal | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,809 B/. (₨ 3,025,007) | ₨ 5,331,140 | - 43% | |
1 liter (1/4 gallon) of gas | 1.08 B/. (₨ 143) | ₨ 140 | + 2% | |
Monthly ticket public transport | 25 B/. (₨ 3,350) | ₨ 1,632 | + 105% | |
Personal Care | + 80% | |||
Personal Care in Panama is 80% more expensive than in Nepal | ||||
Panama | Nepal | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (₨ 1,114) | ₨ 169 | + 559% | |
1 box of antibiotics (12 doses) | 17 B/. (₨ 2,268) | ₨ 1,500 | + 51% | |
Short visit to private doctor (15 minutes) | 29 B/. (₨ 3,880) | - | - | |
1 box of 32 tampons (tampax, ob, ...) | 5.50 B/. (₨ 729) | ₨ 134 | + 444% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.21 B/. (₨ 426) | ₨ 313 | + 36% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (₨ 900) | ₨ 361 | + 149% | |
4 rolls of toilet paper | 2.68 B/. (₨ 356) | ₨ 96 | + 269% | |
Tube of toothpaste | 2.72 B/. (₨ 361) | ₨ 120 | + 201% | |
Standard men's haircut in expat area of the city | 15 B/. (₨ 2,029) | ₨ 545 | + 272% | |
Entertainment | + 122% | |||
Entertainment in Panama is 122% more expensive than in Nepal | ||||
Panama | Nepal | Diff | ||
Basic dinner out for two in neighborhood pub | 34 B/. (₨ 4,519) | ₨ 2,500 | + 81% | |
2 tickets to the movies | 12 B/. (₨ 1,612) | ₨ 800 | + 101% | |
2 tickets to the theater (best available seats) | 36 B/. (₨ 4,712) | - | - | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 58 B/. (₨ 7,651) | ₨ 3,000 | + 155% | |
1 cocktail drink in downtown club | 10 B/. (₨ 1,319) | ₨ 690 | + 91% | |
Cappuccino in expat area of the city | 4.92 B/. (₨ 652) | ₨ 448 | + 45% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 2.83 B/. (₨ 375) | ₨ 449 | - 17% | |
Ipad wi-fi 128gb | 663 B/. (₨ 87,990) | ₨ 70,000 | + 26% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (₨ 38) | ₨ 1.90 | + 1892% | |
1 month of gym membership in business district | 49 B/. (₨ 6,482) | ₨ 1,626 | + 299% | |
1 package of marlboro cigarettes | 5.65 B/. (₨ 750) | ₨ 332 | + 125% | |
TOTAL | + 79% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 675 prices entered by 147 different people.
These prices were last updated on March 16, 2024.
Exchange rate:
132.626
NPR
/
PAB
Cost of living in Panama is 79% more expensive than in Nepal
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