Cost of living in Peru compared to Panama
Currency:
| Food | - 31% | |||
|---|---|---|---|---|
| Food in Peru is 31% cheaper than in Panama | ||||
| Peru | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | S/. 26 (7 B/.) | 14 B/. | - 52% | |
| Combo meal in fast food restaurant (big mac meal or similar) | S/. 20 (5.28 B/.) | 7 B/. | - 24% | |
| 500 gr (1 lb.) of boneless chicken breast | S/. 8 (2.22 B/.) | 3.36 B/. | - 34% | |
| 1 liter (1 qt.) of whole fat milk | S/. 5.57 (1.46 B/.) | 1.73 B/. | - 16% | |
| 12 eggs, large | S/. 11 (2.78 B/.) | 2.65 B/. | + 5% | |
| 1 kg (2 lb.) of tomatoes | S/. 4.30 (1.12 B/.) | 2.65 B/. | - 58% | |
| 500 gr (16 oz.) of local cheese | S/. 14 (3.54 B/.) | 6 B/. | - 44% | |
| 1 kg (2 lb.) of apples | S/. 6 (1.65 B/.) | 2.66 B/. | - 38% | |
| 1 kg (2 lb.) of potatoes | S/. 3.43 (0.90 B/.) | 2.31 B/. | - 61% | |
| 0.5 l (16 oz) domestic beer in the supermarket | S/. 6 (1.63 B/.) | 1.04 B/. | + 56% | |
| 1 bottle of red table wine, good quality | S/. 47 (12 B/.) | 10 B/. | + 27% | |
| 2 liters of coca-cola | S/. 8 (2.20 B/.) | 2.49 B/. | - 12% | |
| Bread for 2 people for 1 day | S/. 2.16 (0.56 B/.) | 1.27 B/. | - 56% | |
| Housing | - 44% | |||
| Housing in Peru is 44% cheaper than in Panama | ||||
| Peru | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | S/. 2,981 (780 B/.) | 1,360 B/. | - 43% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | S/. 1,753 (459 B/.) | 855 B/. | - 46% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | S/. 241 (63 B/.) | 111 B/. | - 43% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | S/. 1,716 (449 B/.) | 724 B/. | - 38% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | S/. 1,229 (322 B/.) | 559 B/. | - 43% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | S/. 158 (41 B/.) | 100 B/. | - 59% | |
| Internet 8 mbps (1 month) | S/. 83 (22 B/.) | 35 B/. | - 38% | |
| 40” flat screen tv | S/. 1,154 (302 B/.) | 317 B/. | - 5% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | S/. 440 (115 B/.) | 116 B/. | - 1% | |
| Laundry detergent (3 l. ~ 100 oz.) | S/. 42 (11 B/.) | 7 B/. | + 48% | |
| Hourly rate for cleaning help | S/. 18 (4.76 B/.) | 19 B/. | - 75% | |
| Clothes | - 31% | |||
| Clothes in Peru is 31% cheaper than in Panama | ||||
| Peru | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | S/. 153 (40 B/.) | 49 B/. | - 18% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | S/. 110 (29 B/.) | 47 B/. | - 38% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | S/. 269 (70 B/.) | 96 B/. | - 27% | |
| 1 pair of men’s leather business shoes | S/. 291 (76 B/.) | 94 B/. | - 19% | |
| Transportation | + 4% | |||
| Transportation in Peru is about the same as in Panama | ||||
| Peru | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | S/. 60,925 (15,939 B/.) | 22,809 B/. | - 30% | |
| 1 liter (1/4 gallon) of gas | S/. 4.57 (1.19 B/.) | 1.01 B/. | + 18% | |
| Monthly ticket public transport | S/. 116 (30 B/.) | 25 B/. | + 20% | |
| Personal Care | - 27% | |||
| Personal Care in Peru is 27% cheaper than in Panama | ||||
| Peru | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | S/. 25 (7 B/.) | 8 B/. | - 22% | |
| 1 box of antibiotics (12 doses) | S/. 30 (8 B/.) | 17 B/. | - 54% | |
| Short visit to private doctor (15 minutes) | S/. 113 (30 B/.) | 28 B/. | + 4% | |
| 1 box of 32 tampons (tampax, ob, ...) | S/. 26 (7 B/.) | 5.50 B/. | + 26% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | S/. 17 (4.35 B/.) | 5.33 B/. | - 18% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | S/. 22 (5.63 B/.) | 7 B/. | - 18% | |
| 4 rolls of toilet paper | S/. 7 (1.73 B/.) | 2.64 B/. | - 35% | |
| Tube of toothpaste | S/. 6 (1.64 B/.) | 2.96 B/. | - 45% | |
| Standard men's haircut in expat area of the city | S/. 33 (9 B/.) | 15 B/. | - 44% | |
| Entertainment | - 17% | |||
| Entertainment in Peru is 17% cheaper than in Panama | ||||
| Peru | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | S/. 58 (15 B/.) | 25 B/. | - 40% | |
| 2 tickets to the movies | S/. 36 (9 B/.) | 11 B/. | - 15% | |
| 2 tickets to the theater (best available seats) | S/. 114 (30 B/.) | 36 B/. | - 16% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | S/. 132 (34 B/.) | 52 B/. | - 33% | |
| 1 cocktail drink in downtown club | S/. 36 (9 B/.) | 9 B/. | + 6% | |
| Cappuccino in expat area of the city | S/. 16 (4.23 B/.) | 4.92 B/. | - 14% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | S/. 10 (2.66 B/.) | 3.73 B/. | - 29% | |
| Ipad wi-fi 128gb | S/. 2,973 (778 B/.) | 663 B/. | + 17% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | S/. 0.74 (0.19 B/.) | 0.29 B/. | - 32% | |
| 1 month of gym membership in business district | S/. 217 (57 B/.) | 49 B/. | + 16% | |
| 1 package of marlboro cigarettes | S/. 17 (4.34 B/.) | 6 B/. | - 30% | |
| TOTAL | - 25% | |||
These prices were last updated on September 12, 2024.
Exchange rate:
0.26161
PAB
/
PEN
This comparison is based on abundant and consistent data. It is based on 2,804 prices entered by 332 different people.
Cost of living in Peru is 25% cheaper than in Panama
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