Cost of living in Philippines compared to Panama
Currency:
Food | - 39% | |||
---|---|---|---|---|
Food in Philippines is 39% cheaper than in Panama | ||||
Philippines | Panama | Diff | ||
Basic lunchtime menu (including a drink) in the business district | Php245 (4.37 B/.) | 13 B/. | - 68% | |
Combo meal in fast food restaurant (big mac meal or similar) | Php206 (3.68 B/.) | 7 B/. | - 50% | |
500 gr (1 lb.) of boneless chicken breast | Php132 (2.36 B/.) | 3.80 B/. | - 38% | |
1 liter (1 qt.) of whole fat milk | Php112 (2.00 B/.) | 1.73 B/. | + 16% | |
12 eggs, large | Php108 (1.93 B/.) | 3.37 B/. | - 43% | |
1 kg (2 lb.) of tomatoes | Php89 (1.59 B/.) | 2.48 B/. | - 36% | |
500 gr (16 oz.) of local cheese | Php179 (3.20 B/.) | 6 B/. | - 48% | |
1 kg (2 lb.) of apples | Php168 (3.00 B/.) | 2.66 B/. | + 13% | |
1 kg (2 lb.) of potatoes | Php104 (1.86 B/.) | 2.34 B/. | - 20% | |
0.5 l (16 oz) domestic beer in the supermarket | Php64 (1.15 B/.) | 0.95 B/. | + 21% | |
1 bottle of red table wine, good quality | Php397 (7 B/.) | 11 B/. | - 35% | |
2 liters of coca-cola | Php87 (1.56 B/.) | 2.56 B/. | - 39% | |
Bread for 2 people for 1 day | Php53 (0.95 B/.) | 1.27 B/. | - 26% | |
Housing | - 32% | |||
Housing in Philippines is 32% cheaper than in Panama | ||||
Philippines | Panama | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | Php37,823 (676 B/.) | 1,244 B/. | - 46% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | Php30,442 (544 B/.) | 790 B/. | - 31% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Php5,658 (101 B/.) | 115 B/. | - 12% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | Php26,810 (479 B/.) | 755 B/. | - 36% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | Php16,268 (291 B/.) | 507 B/. | - 43% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | Php3,698 (66 B/.) | 98 B/. | - 32% | |
Internet 8 mbps (1 month) | Php1,172 (21 B/.) | 36 B/. | - 41% | |
40” flat screen tv | Php20,706 (370 B/.) | 308 B/. | + 20% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | Php5,329 (95 B/.) | 98 B/. | - 2% | |
Laundry detergent (3 l. ~ 100 oz.) | Php433 (8 B/.) | 7 B/. | + 5% | |
Hourly rate for cleaning help | Php755 (14 B/.) | 10 B/. | + 33% | |
Clothes | - 16% | |||
Clothes in Philippines is 16% cheaper than in Panama | ||||
Philippines | Panama | Diff | ||
1 pair of jeans (levis 501 or similar) | Php2,273 (41 B/.) | 49 B/. | - 17% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | Php1,572 (28 B/.) | 33 B/. | - 16% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | Php4,144 (74 B/.) | 87 B/. | - 15% | |
1 pair of men’s leather business shoes | Php3,659 (65 B/.) | 79 B/. | - 18% | |
Transportation | - 18% | |||
Transportation in Philippines is 18% cheaper than in Panama | ||||
Philippines | Panama | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | Php1,319,830 (23,599 B/.) | 22,809 B/. | + 3% | |
1 liter (1/4 gallon) of gas | Php60 (1.08 B/.) | 1.08 B/. | - 0% | |
Monthly ticket public transport | Php810 (14 B/.) | 25 B/. | - 43% | |
Personal Care | - 36% | |||
Personal Care in Philippines is 36% cheaper than in Panama | ||||
Philippines | Panama | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | Php217 (3.88 B/.) | 8 B/. | - 54% | |
1 box of antibiotics (12 doses) | Php532 (10 B/.) | 17 B/. | - 44% | |
Short visit to private doctor (15 minutes) | Php1,632 (29 B/.) | 29 B/. | - 0% | |
1 box of 32 tampons (tampax, ob, ...) | Php257 (4.59 B/.) | 5.50 B/. | - 16% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | Php165 (2.94 B/.) | 3.21 B/. | - 8% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Php208 (3.72 B/.) | 7 B/. | - 45% | |
4 rolls of toilet paper | Php81 (1.45 B/.) | 2.68 B/. | - 46% | |
Tube of toothpaste | Php87 (1.56 B/.) | 2.72 B/. | - 43% | |
Standard men's haircut in expat area of the city | Php279 (4.98 B/.) | 15 B/. | - 67% | |
Entertainment | - 34% | |||
Entertainment in Philippines is 34% cheaper than in Panama | ||||
Philippines | Panama | Diff | ||
Basic dinner out for two in neighborhood pub | Php637 (11 B/.) | 34 B/. | - 67% | |
2 tickets to the movies | Php603 (11 B/.) | 12 B/. | - 11% | |
2 tickets to the theater (best available seats) | Php20,000 (358 B/.) | 36 B/. | + 907% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | Php1,554 (28 B/.) | 58 B/. | - 52% | |
1 cocktail drink in downtown club | Php428 (8 B/.) | 10 B/. | - 23% | |
Cappuccino in expat area of the city | Php168 (3.01 B/.) | 4.92 B/. | - 39% | |
1 beer in neighbourhood pub (500ml or 1pt.) | Php75 (1.33 B/.) | 2.83 B/. | - 53% | |
Ipad wi-fi 128gb | Php19,960 (357 B/.) | 663 B/. | - 46% | |
1 min. of prepaid mobile tariff (no discounts or plans) | Php8 (0.14 B/.) | 0.29 B/. | - 49% | |
1 month of gym membership in business district | Php2,505 (45 B/.) | 49 B/. | - 8% | |
1 package of marlboro cigarettes | Php155 (2.77 B/.) | 5.65 B/. | - 51% | |
TOTAL | - 30% |
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,094 prices entered by 206 different people.
These prices were last updated on March 18, 2024.
Exchange rate:
0.01788
PAB
/
PHP
Cost of living in Philippines is 30% cheaper than in Panama
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