Cost of living in Argentina compared to Panama
Currency:
| Food | - 12% | |||
|---|---|---|---|---|
| Food in Argentina is 12% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | ARS $3,981 (17 B/.) | 16 B/. | + 3% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ARS $2,315 (10 B/.) | 8 B/. | + 22% | |
| 500 gr (1 lb.) of boneless chicken breast | ARS $734 (3.05 B/.) | 4.10 B/. | - 25% | |
| 1 liter (1 qt.) of whole fat milk | ARS $288 (1.20 B/.) | 1.65 B/. | - 27% | |
| 12 eggs, large | ARS $759 (3.16 B/.) | 2.99 B/. | + 6% | |
| 1 kg (2 lb.) of tomatoes | ARS $539 (2.24 B/.) | 2.30 B/. | - 2% | |
| 500 gr (16 oz.) of local cheese | ARS $1,074 (4.47 B/.) | 8 B/. | - 41% | |
| 1 kg (2 lb.) of apples | ARS $594 (2.47 B/.) | 2.73 B/. | - 9% | |
| 1 kg (2 lb.) of potatoes | ARS $277 (1.15 B/.) | 1.92 B/. | - 40% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ARS $360 (1.50 B/.) | 1.53 B/. | - 2% | |
| 1 bottle of red table wine, good quality | ARS $1,684 (7 B/.) | 16 B/. | - 56% | |
| 2 liters of coca-cola | ARS $547 (2.28 B/.) | 2.55 B/. | - 11% | |
| Bread for 2 people for 1 day | ARS $208 (0.87 B/.) | 1.74 B/. | - 50% | |
| Housing | - 54% | |||
| Housing in Argentina is 54% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ARS $143,638 (598 B/.) | 1,349 B/. | - 56% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ARS $95,173 (396 B/.) | 907 B/. | - 56% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ARS $13,716 (57 B/.) | 145 B/. | - 61% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ARS $101,318 (422 B/.) | 936 B/. | - 55% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ARS $64,363 (268 B/.) | 930 B/. | - 71% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ARS $9,263 (39 B/.) | 99 B/. | - 61% | |
| Internet 8 mbps (1 month) | ARS $4,473 (19 B/.) | 45 B/. | - 59% | |
| 40” flat screen tv | ARS $108,901 (453 B/.) | 332 B/. | + 37% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ARS $55,728 (232 B/.) | 101 B/. | + 129% | |
| Laundry detergent (3 l. ~ 100 oz.) | ARS $1,517 (6 B/.) | 7 B/. | - 15% | |
| Hourly rate for cleaning help | ARS $1,068 (4.44 B/.) | 5.12 B/. | - 13% | |
| Clothes | + 70% | |||
| Clothes in Argentina is 70% more expensive than in Panama | ||||
| Argentina | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | ARS $21,408 (89 B/.) | 48 B/. | + 86% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ARS $12,496 (52 B/.) | 31 B/. | + 68% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ARS $37,460 (156 B/.) | 88 B/. | + 78% | |
| 1 pair of men’s leather business shoes | ARS $31,171 (130 B/.) | 90 B/. | + 45% | |
| Transportation | - 26% | |||
| Transportation in Argentina is 26% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ARS $6,920,660 (28,812 B/.) | 22,199 B/. | + 30% | |
| 1 liter (1/4 gallon) of gas | ARS $240 (1.00 B/.) | 1.25 B/. | - 20% | |
| Monthly ticket public transport | ARS $3,461 (14 B/.) | 36 B/. | - 60% | |
| Personal Care | - 45% | |||
| Personal Care in Argentina is 45% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ARS $1,479 (6 B/.) | 9 B/. | - 32% | |
| 1 box of antibiotics (12 doses) | ARS $2,037 (8 B/.) | 24 B/. | - 64% | |
| Short visit to private doctor (15 minutes) | ARS $4,154 (17 B/.) | 41 B/. | - 58% | |
| 1 box of 32 tampons (tampax, ob, ...) | ARS $1,059 (4.41 B/.) | 7 B/. | - 40% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ARS $732 (3.05 B/.) | 3.80 B/. | - 20% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ARS $826 (3.44 B/.) | 7 B/. | - 53% | |
| 4 rolls of toilet paper | ARS $596 (2.48 B/.) | 3.78 B/. | - 34% | |
| Tube of toothpaste | ARS $545 (2.27 B/.) | 3.41 B/. | - 34% | |
| Standard men's haircut in expat area of the city | ARS $1,929 (8 B/.) | 15 B/. | - 47% | |
| Entertainment | - 7% | |||
| Entertainment in Argentina is 7% cheaper than in Panama | ||||
| Argentina | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | ARS $5,687 (24 B/.) | 32 B/. | - 25% | |
| 2 tickets to the movies | ARS $2,761 (11 B/.) | 15 B/. | - 24% | |
| 2 tickets to the theater (best available seats) | ARS $10,339 (43 B/.) | 32 B/. | + 33% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ARS $8,979 (37 B/.) | 54 B/. | - 31% | |
| 1 cocktail drink in downtown club | ARS $1,769 (7 B/.) | 11 B/. | - 33% | |
| Cappuccino in expat area of the city | ARS $1,079 (4.49 B/.) | 5.66 B/. | - 21% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ARS $748 (3.11 B/.) | 2.67 B/. | + 17% | |
| Ipad wi-fi 128gb | ARS $322,272 (1,342 B/.) | 590 B/. | + 127% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ARS $74 (0.31 B/.) | 0.39 B/. | - 21% | |
| 1 month of gym membership in business district | ARS $7,106 (30 B/.) | 51 B/. | - 42% | |
| 1 package of marlboro cigarettes | ARS $661 (2.75 B/.) | 5.73 B/. | - 52% | |
| TOTAL | - 25% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 11,349 prices entered by 1,132 different people.
These prices were last updated on June 04, 2023.
Exchange rate:
0.00416
PAB
/
ARS
*
Cost of living in Argentina is 25% cheaper than in Panama
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