Cost of living in Turkey compared to Panama
Currency:
Food | - 30% | |||
---|---|---|---|---|
Food in Turkey is 30% cheaper than in Panama | ||||
Turkey | Panama | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 332TL (10 B/.) | 13 B/. | - 23% | |
Combo meal in fast food restaurant (big mac meal or similar) | 188TL (5.87 B/.) | 7 B/. | - 20% | |
500 gr (1 lb.) of boneless chicken breast | 100TL (3.13 B/.) | 3.80 B/. | - 18% | |
1 liter (1 qt.) of whole fat milk | 36TL (1.13 B/.) | 1.73 B/. | - 35% | |
12 eggs, large | 83TL (2.59 B/.) | 3.37 B/. | - 23% | |
1 kg (2 lb.) of tomatoes | 36TL (1.12 B/.) | 2.48 B/. | - 55% | |
500 gr (16 oz.) of local cheese | 167TL (5.20 B/.) | 6 B/. | - 15% | |
1 kg (2 lb.) of apples | 36TL (1.12 B/.) | 2.66 B/. | - 58% | |
1 kg (2 lb.) of potatoes | 26TL (0.82 B/.) | 2.34 B/. | - 65% | |
0.5 l (16 oz) domestic beer in the supermarket | 51TL (1.59 B/.) | 0.95 B/. | + 67% | |
1 bottle of red table wine, good quality | 270TL (8 B/.) | 11 B/. | - 23% | |
2 liters of coca-cola | 46TL (1.42 B/.) | 2.56 B/. | - 44% | |
Bread for 2 people for 1 day | 13TL (0.39 B/.) | 1.27 B/. | - 69% | |
Housing | - 26% | |||
Housing in Turkey is 26% cheaper than in Panama | ||||
Turkey | Panama | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 32,837TL (1,023 B/.) | 1,244 B/. | - 18% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 19,774TL (616 B/.) | 790 B/. | - 22% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 2,779TL (87 B/.) | 115 B/. | - 24% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 22,261TL (694 B/.) | 755 B/. | - 8% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 14,297TL (446 B/.) | 507 B/. | - 12% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 2,908TL (91 B/.) | 98 B/. | - 7% | |
Internet 8 mbps (1 month) | 269TL (8 B/.) | 36 B/. | - 77% | |
40” flat screen tv | 11,523TL (359 B/.) | 308 B/. | + 17% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 4,442TL (138 B/.) | 98 B/. | + 42% | |
Laundry detergent (3 l. ~ 100 oz.) | 188TL (5.87 B/.) | 7 B/. | - 21% | |
Hourly rate for cleaning help | 150TL (4.67 B/.) | 10 B/. | - 54% | |
Clothes | + 3% | |||
Clothes in Turkey is about the same as in Panama | ||||
Turkey | Panama | Diff | ||
1 pair of jeans (levis 501 or similar) | 1,545TL (48 B/.) | 49 B/. | - 2% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 1,207TL (38 B/.) | 33 B/. | + 12% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 2,575TL (80 B/.) | 87 B/. | - 8% | |
1 pair of men’s leather business shoes | 2,323TL (72 B/.) | 79 B/. | - 9% | |
Transportation | + 48% | |||
Transportation in Turkey is 48% more expensive than in Panama | ||||
Turkey | Panama | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 1,476,380TL (46,005 B/.) | 22,809 B/. | + 102% | |
1 liter (1/4 gallon) of gas | 37TL (1.16 B/.) | 1.08 B/. | + 7% | |
Monthly ticket public transport | 1,163TL (36 B/.) | 25 B/. | + 44% | |
Personal Care | - 30% | |||
Personal Care in Turkey is 30% cheaper than in Panama | ||||
Turkey | Panama | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 98TL (3.05 B/.) | 8 B/. | - 64% | |
1 box of antibiotics (12 doses) | 159TL (4.96 B/.) | 17 B/. | - 71% | |
Short visit to private doctor (15 minutes) | 1,388TL (43 B/.) | 29 B/. | + 48% | |
1 box of 32 tampons (tampax, ob, ...) | 229TL (7 B/.) | 5.50 B/. | + 30% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 121TL (3.76 B/.) | 3.21 B/. | + 17% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 113TL (3.53 B/.) | 7 B/. | - 48% | |
4 rolls of toilet paper | 56TL (1.74 B/.) | 2.68 B/. | - 35% | |
Tube of toothpaste | 76TL (2.36 B/.) | 2.72 B/. | - 13% | |
Standard men's haircut in expat area of the city | 207TL (6 B/.) | 15 B/. | - 58% | |
Entertainment | - 24% | |||
Entertainment in Turkey is 24% cheaper than in Panama | ||||
Turkey | Panama | Diff | ||
Basic dinner out for two in neighborhood pub | 1,323TL (41 B/.) | 34 B/. | + 21% | |
2 tickets to the movies | 357TL (11 B/.) | 12 B/. | - 8% | |
2 tickets to the theater (best available seats) | 1,053TL (33 B/.) | 36 B/. | - 8% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,624TL (51 B/.) | 58 B/. | - 12% | |
1 cocktail drink in downtown club | 312TL (10 B/.) | 10 B/. | - 2% | |
Cappuccino in expat area of the city | 78TL (2.42 B/.) | 4.92 B/. | - 51% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 107TL (3.35 B/.) | 2.83 B/. | + 19% | |
Ipad wi-fi 128gb | 22,742TL (709 B/.) | 663 B/. | + 7% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 1.30TL (0.04 B/.) | 0.29 B/. | - 86% | |
1 month of gym membership in business district | 1,608TL (50 B/.) | 49 B/. | + 2% | |
1 package of marlboro cigarettes | 56TL (1.74 B/.) | 5.65 B/. | - 69% | |
TOTAL | - 10% |
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 4,030 prices entered by 430 different people.
These prices were last updated on March 17, 2024.
Exchange rate:
0.03116
PAB
/
TRY
Cost of living in Turkey is 10% cheaper than in Panama
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