Cost of living in Argentina compared to Panama
Currency:
| Food | - 40% | |||
|---|---|---|---|---|
| Food in Argentina is 40% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | ARS $1,260 (11 B/.) | 20 B/. | - 47% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ARS $871 (7 B/.) | 8 B/. | - 2% | |
| 500 gr (1 lb.) of boneless chicken breast | ARS $331 (2.81 B/.) | 3.21 B/. | - 12% | |
| 1 liter (1 qt.) of whole fat milk | ARS $121 (1.03 B/.) | 1.60 B/. | - 35% | |
| 12 eggs, large | ARS $214 (1.81 B/.) | 2.57 B/. | - 30% | |
| 1 kg (2 lb.) of tomatoes | ARS $189 (1.60 B/.) | 2.32 B/. | - 31% | |
| 500 gr (16 oz.) of local cheese | ARS $511 (4.34 B/.) | 8 B/. | - 45% | |
| 1 kg (2 lb.) of apples | ARS $201 (1.70 B/.) | 2.42 B/. | - 30% | |
| 1 kg (2 lb.) of potatoes | ARS $80 (0.68 B/.) | 2.44 B/. | - 72% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ARS $171 (1.46 B/.) | 1.48 B/. | - 1% | |
| 1 bottle of red table wine, good quality | ARS $640 (5.43 B/.) | 16 B/. | - 65% | |
| 2 liters of coca-cola | ARS $241 (2.04 B/.) | 2.49 B/. | - 18% | |
| Bread for 2 people for 1 day | ARS $84 (0.72 B/.) | 2.02 B/. | - 65% | |
| Housing | - 48% | |||
| Housing in Argentina is 48% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ARS $69,276 (588 B/.) | 1,294 B/. | - 55% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ARS $43,307 (368 B/.) | 748 B/. | - 51% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ARS $5,917 (50 B/.) | 94 B/. | - 47% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ARS $47,447 (403 B/.) | 860 B/. | - 53% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ARS $29,431 (250 B/.) | 480 B/. | - 48% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ARS $5,054 (43 B/.) | 75 B/. | - 43% | |
| Internet 8 mbps (1 month) | ARS $2,262 (19 B/.) | 30 B/. | - 37% | |
| 40” flat screen tv | ARS $54,362 (462 B/.) | 331 B/. | + 39% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ARS $28,083 (238 B/.) | 136 B/. | + 76% | |
| Laundry detergent (3 l. ~ 100 oz.) | ARS $540 (4.59 B/.) | 7 B/. | - 37% | |
| Hourly rate for cleaning help | ARS $477 (4.05 B/.) | 16 B/. | - 74% | |
| Clothes | + 33% | |||
| Clothes in Argentina is 33% more expensive than in Panama | ||||
| Argentina | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | ARS $7,736 (66 B/.) | 47 B/. | + 39% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ARS $5,338 (45 B/.) | 38 B/. | + 20% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ARS $16,644 (141 B/.) | 76 B/. | + 85% | |
| 1 pair of men’s leather business shoes | ARS $12,293 (104 B/.) | 80 B/. | + 31% | |
| Transportation | - 9% | |||
| Transportation in Argentina is 9% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ARS $3,635,970 (30,868 B/.) | 20,986 B/. | + 47% | |
| 1 liter (1/4 gallon) of gas | ARS $113 (0.96 B/.) | 1.20 B/. | - 20% | |
| Monthly ticket public transport | ARS $2,788 (24 B/.) | 38 B/. | - 37% | |
| Personal Care | - 54% | |||
| Personal Care in Argentina is 54% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ARS $617 (5.24 B/.) | 7 B/. | - 28% | |
| 1 box of antibiotics (12 doses) | ARS $943 (8 B/.) | 24 B/. | - 67% | |
| Short visit to private doctor (15 minutes) | ARS $2,298 (20 B/.) | 64 B/. | - 70% | |
| 1 box of 32 tampons (tampax, ob, ...) | ARS $472 (4.00 B/.) | 6 B/. | - 38% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ARS $304 (2.58 B/.) | 5.29 B/. | - 51% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ARS $365 (3.10 B/.) | 7 B/. | - 56% | |
| 4 rolls of toilet paper | ARS $214 (1.81 B/.) | 2.83 B/. | - 36% | |
| Tube of toothpaste | ARS $218 (1.85 B/.) | 3.32 B/. | - 44% | |
| Standard men's haircut in expat area of the city | ARS $952 (8 B/.) | 16 B/. | - 51% | |
| Entertainment | - 26% | |||
| Entertainment in Argentina is 26% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | ARS $2,403 (20 B/.) | 42 B/. | - 52% | |
| 2 tickets to the movies | ARS $1,040 (9 B/.) | 13 B/. | - 30% | |
| 2 tickets to the theater (best available seats) | ARS $3,482 (30 B/.) | 67 B/. | - 56% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ARS $3,692 (31 B/.) | 55 B/. | - 43% | |
| 1 cocktail drink in downtown club | ARS $757 (6 B/.) | 7 B/. | - 5% | |
| Cappuccino in expat area of the city | ARS $368 (3.12 B/.) | 4.27 B/. | - 27% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ARS $307 (2.60 B/.) | 3.13 B/. | - 17% | |
| Ipad wi-fi 128gb | ARS $116,021 (985 B/.) | 882 B/. | + 12% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ARS $31 (0.27 B/.) | 0.30 B/. | - 13% | |
| 1 month of gym membership in business district | ARS $3,414 (29 B/.) | 51 B/. | - 43% | |
| 1 package of marlboro cigarettes | ARS $277 (2.35 B/.) | 7 B/. | - 65% | |
| TOTAL | - 32% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 11,693 prices entered by 1,337 different people.
These prices were last updated on May 16, 2022.
Exchange rate:
0.00849
PAB
/
ARS
*
Cost of living in Argentina is 32% cheaper than in Panama
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