Cost of living in Philippines compared to Panama
Currency:
| Food | - 28% | |||
|---|---|---|---|---|
| Food in Philippines is 28% cheaper than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | Php275 (5.67 B/.) | 13 B/. | - 56% | |
| Combo meal in fast food restaurant (big mac meal or similar) | Php177 (3.64 B/.) | 7 B/. | - 47% | |
| 500 gr (1 lb.) of boneless chicken breast | Php112 (2.32 B/.) | 2.96 B/. | - 22% | |
| 1 liter (1 qt.) of whole fat milk | Php86 (1.78 B/.) | 1.40 B/. | + 28% | |
| 12 eggs, large | Php107 (2.21 B/.) | 2.82 B/. | - 22% | |
| 1 kg (2 lb.) of tomatoes | Php84 (1.73 B/.) | 2.47 B/. | - 30% | |
| 500 gr (16 oz.) of local cheese | Php205 (4.23 B/.) | 5.52 B/. | - 23% | |
| 1 kg (2 lb.) of apples | Php154 (3.17 B/.) | 2.42 B/. | + 31% | |
| 1 kg (2 lb.) of potatoes | Php97 (2.01 B/.) | 2.06 B/. | - 3% | |
| 0.5 l (16 oz) domestic beer in the supermarket | Php63 (1.29 B/.) | 1.02 B/. | + 27% | |
| 1 bottle of red table wine, good quality | Php403 (8 B/.) | 10 B/. | - 19% | |
| 2 liters of coca-cola | Php85 (1.75 B/.) | 2.20 B/. | - 20% | |
| Bread for 2 people for 1 day | Php62 (1.28 B/.) | 1.60 B/. | - 20% | |
| Housing | - 26% | |||
| Housing in Philippines is 26% cheaper than in Panama | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | Php47,675 (983 B/.) | 1,397 B/. | - 30% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | Php26,068 (538 B/.) | 910 B/. | - 41% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Php5,335 (110 B/.) | 105 B/. | + 4% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | Php30,598 (631 B/.) | 858 B/. | - 26% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | Php17,484 (361 B/.) | 570 B/. | - 37% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | Php2,429 (50 B/.) | 71 B/. | - 29% | |
| Internet 8 mbps (1 month) | Php1,628 (34 B/.) | 41 B/. | - 19% | |
| 40” flat screen tv | Php13,104 (270 B/.) | 360 B/. | - 25% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | Php5,856 (121 B/.) | 113 B/. | + 7% | |
| Laundry detergent (3 l. ~ 100 oz.) | Php283 (5.84 B/.) | 6 B/. | - 5% | |
| Hourly rate for cleaning help | Php260 (5.36 B/.) | 8 B/. | - 32% | |
| Clothes | - 15% | |||
| Clothes in Philippines is 15% cheaper than in Panama | ||||
| 1 pair of jeans (levis 501 or similar) | Php2,272 (47 B/.) | 43 B/. | + 8% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | Php1,330 (27 B/.) | 40 B/. | - 31% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | Php4,611 (95 B/.) | 75 B/. | + 28% | |
| 1 pair of men’s leather business shoes | Php4,052 (84 B/.) | 89 B/. | - 7% | |
| Transportation | - 5% | |||
| Transportation in Philippines is 5% cheaper than in Panama | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | Php1,154,410 (23,809 B/.) | 20,263 B/. | + 17% | |
| 1 liter (1/4 gallon) of gas | Php48 (0.99 B/.) | 0.70 B/. | + 41% | |
| Monthly ticket public transport | Php1,563 (32 B/.) | 44 B/. | - 26% | |
| Personal Care | - 39% | |||
| Personal Care in Philippines is 39% cheaper than in Panama | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | Php198 (4.09 B/.) | 8 B/. | - 46% | |
| 1 box of antibiotics (12 doses) | Php744 (15 B/.) | 20 B/. | - 23% | |
| Short visit to private doctor (15 minutes) | Php567 (12 B/.) | 40 B/. | - 71% | |
| 1 box of 32 tampons (tampax, ob, ...) | Php305 (6 B/.) | 4.21 B/. | + 50% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Php145 (2.99 B/.) | 3.91 B/. | - 24% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Php155 (3.21 B/.) | 7 B/. | - 52% | |
| 4 rolls of toilet paper | Php85 (1.75 B/.) | 3.05 B/. | - 43% | |
| Tube of toothpaste | Php86 (1.77 B/.) | 2.58 B/. | - 31% | |
| Standard men's haircut in expat area of the city | Php309 (6 B/.) | 16 B/. | - 60% | |
| Entertainment | - 34% | |||
| Entertainment in Philippines is 34% cheaper than in Panama | ||||
| Basic dinner out for two in neighborhood pub | Php887 (18 B/.) | 31 B/. | - 41% | |
| 2 tickets to the movies | Php501 (10 B/.) | 12 B/. | - 14% | |
| 2 tickets to the theater (best available seats) | Php1,958 (40 B/.) | 39 B/. | + 3% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | Php2,245 (46 B/.) | 52 B/. | - 11% | |
| 1 cocktail drink in downtown club | Php249 (5.13 B/.) | 9 B/. | - 46% | |
| Cappuccino in expat area of the city | Php162 (3.34 B/.) | 4.88 B/. | - 32% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | Php87 (1.80 B/.) | 3.49 B/. | - 48% | |
| Ipad wi-fi 128gb | Php19,345 (399 B/.) | 525 B/. | - 24% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | Php8 (0.16 B/.) | 0.34 B/. | - 53% | |
| 1 month of gym membership in business district | Php1,674 (35 B/.) | 46 B/. | - 26% | |
| 1 package of marlboro cigarettes | Php117 (2.40 B/.) | 5.14 B/. | - 53% | |
| TOTAL | - 24% | |||
These prices were last updated on April 15, 2021.
Exchange rate:
0.02062
PAB
/
PHP
This comparison is based on abundant and consistent data. It is based on 1,930 prices entered by 313 different people.
Cost of living in Philippines is 24% cheaper than in Panama
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