Cost of living in United States compared to Panama
Currency:
| Food | + 33% | |||
|---|---|---|---|---|
| Food in United States is 33% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | $16 (16 B/.) | 16 B/. | + 0% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $9 (9 B/.) | 7 B/. | + 29% | |
| 500 gr (1 lb.) of boneless chicken breast | $4.56 (4.59 B/.) | 3.35 B/. | + 37% | |
| 1 liter (1 qt.) of whole fat milk | $0.91 (0.92 B/.) | 1.57 B/. | - 42% | |
| 12 eggs, large | $2.92 (2.93 B/.) | 2.26 B/. | + 30% | |
| 1 kg (2 lb.) of tomatoes | $4.30 (4.32 B/.) | 1.95 B/. | + 121% | |
| 500 gr (16 oz.) of local cheese | $6 (6 B/.) | 4.90 B/. | + 28% | |
| 1 kg (2 lb.) of apples | $3.75 (3.77 B/.) | 2.26 B/. | + 67% | |
| 1 kg (2 lb.) of potatoes | $1.94 (1.95 B/.) | 2.21 B/. | - 12% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.10 (3.12 B/.) | 1.34 B/. | + 132% | |
| 1 bottle of red table wine, good quality | $15 (15 B/.) | 11 B/. | + 31% | |
| 2 liters of coca-cola | $2.06 (2.07 B/.) | 2.23 B/. | - 7% | |
| Bread for 2 people for 1 day | $2.35 (2.37 B/.) | 1.27 B/. | + 86% | |
| Housing | + 73% | |||
| Housing in United States is 73% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $2,368 (2,381 B/.) | 1,481 B/. | + 61% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $1,811 (1,821 B/.) | 856 B/. | + 113% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $191 (192 B/.) | 117 B/. | + 64% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $1,676 (1,686 B/.) | 933 B/. | + 81% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $1,279 (1,287 B/.) | 508 B/. | + 153% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $127 (128 B/.) | 68 B/. | + 87% | |
| Internet 8 mbps (1 month) | $54 (55 B/.) | 41 B/. | + 34% | |
| 40” flat screen tv | $284 (286 B/.) | 311 B/. | - 8% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $129 (130 B/.) | 113 B/. | + 15% | |
| Laundry detergent (3 l. ~ 100 oz.) | $11 (11 B/.) | 7 B/. | + 58% | |
| Hourly rate for cleaning help | $24 (24 B/.) | 12 B/. | + 97% | |
| Clothes | + 9% | |||
| Clothes in United States is 9% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | $49 (49 B/.) | 56 B/. | - 12% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $43 (44 B/.) | 39 B/. | + 13% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $90 (90 B/.) | 80 B/. | + 12% | |
| 1 pair of men’s leather business shoes | $112 (113 B/.) | 86 B/. | + 31% | |
| Transportation | + 38% | |||
| Transportation in United States is 38% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $23,777 (23,913 B/.) | 23,123 B/. | + 3% | |
| 1 liter (1/4 gallon) of gas | $0.83 (0.84 B/.) | 0.95 B/. | - 11% | |
| Monthly ticket public transport | $76 (77 B/.) | 44 B/. | + 75% | |
| Personal Care | + 21% | |||
| Personal Care in United States is 21% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $7 (7 B/.) | 7 B/. | + 11% | |
| 1 box of antibiotics (12 doses) | $18 (18 B/.) | 22 B/. | - 17% | |
| Short visit to private doctor (15 minutes) | $109 (109 B/.) | 48 B/. | + 129% | |
| 1 box of 32 tampons (tampax, ob, ...) | $7 (7 B/.) | 6 B/. | + 12% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.90 (3.92 B/.) | 3.43 B/. | + 14% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $5.25 (5.28 B/.) | 7 B/. | - 21% | |
| 4 rolls of toilet paper | $3.97 (3.99 B/.) | 3.48 B/. | + 14% | |
| Tube of toothpaste | $1.90 (1.91 B/.) | 3.04 B/. | - 37% | |
| Standard men's haircut in expat area of the city | $24 (24 B/.) | 16 B/. | + 45% | |
| Entertainment | - 7% | |||
| Entertainment in United States is 7% cheaper than in Panama | ||||
| United States | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | $49 (49 B/.) | 32 B/. | + 54% | |
| 2 tickets to the movies | $26 (26 B/.) | 14 B/. | + 86% | |
| 2 tickets to the theater (best available seats) | $167 (168 B/.) | 64 B/. | + 161% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $80 (80 B/.) | 58 B/. | + 37% | |
| 1 cocktail drink in downtown club | $13 (13 B/.) | 9 B/. | + 49% | |
| Cappuccino in expat area of the city | $4.91 (4.93 B/.) | 4.73 B/. | + 4% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $5.93 (5.96 B/.) | 3.45 B/. | + 73% | |
| Ipad wi-fi 128gb | $442 (444 B/.) | 1,211 B/. | - 63% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.18 (0.18 B/.) | 0.43 B/. | - 59% | |
| 1 month of gym membership in business district | $50 (50 B/.) | 59 B/. | - 14% | |
| 1 package of marlboro cigarettes | $9 (9 B/.) | 4.18 B/. | + 108% | |
| TOTAL | + 35% | |||
These prices were last updated on January 20, 2022.
Exchange rate:
1.006
PAB
/
USD
This comparison is based on abundant and consistent data. It is based on 19,209 prices entered by 3,002 different people.
Cost of living in United States is 35% more expensive than in Panama
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