Cost of living in United States compared to Panama
Currency:
| Food | + 31% | |||
|---|---|---|---|---|
| Food in United States is 31% more expensive than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | $14 (14 B/.) | 12 B/. | + 25% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $8 (8 B/.) | 7 B/. | + 15% | |
| 500 gr (1 lb.) of boneless chicken breast | $4.27 (4.27 B/.) | 3.37 B/. | + 27% | |
| 1 liter (1 qt.) of whole fat milk | $0.87 (0.87 B/.) | 1.58 B/. | - 45% | |
| 12 eggs, large | $3.03 (3.03 B/.) | 2.41 B/. | + 26% | |
| 1 kg (2 lb.) of tomatoes | $4.01 (4.01 B/.) | 2.47 B/. | + 62% | |
| 500 gr (16 oz.) of local cheese | $6 (6 B/.) | 6 B/. | + 1% | |
| 1 kg (2 lb.) of apples | $3.38 (3.38 B/.) | 3.11 B/. | + 9% | |
| 1 kg (2 lb.) of potatoes | $1.70 (1.70 B/.) | 2.23 B/. | - 24% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.17 (3.17 B/.) | 0.88 B/. | + 262% | |
| 1 bottle of red table wine, good quality | $14 (14 B/.) | 9 B/. | + 63% | |
| 2 liters of coca-cola | $1.92 (1.92 B/.) | 2.48 B/. | - 23% | |
| Bread for 2 people for 1 day | $2.10 (2.10 B/.) | 1.30 B/. | + 62% | |
| Housing | + 72% | |||
| Housing in United States is 72% more expensive than in Panama | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $2,198 (2,199 B/.) | 1,336 B/. | + 65% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $1,584 (1,584 B/.) | 828 B/. | + 91% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $179 (179 B/.) | 130 B/. | + 38% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $1,582 (1,582 B/.) | 924 B/. | + 71% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $1,120 (1,121 B/.) | 605 B/. | + 85% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $118 (118 B/.) | 91 B/. | + 29% | |
| Internet 8 mbps (1 month) | $48 (48 B/.) | 31 B/. | + 52% | |
| 40” flat screen tv | $303 (303 B/.) | 374 B/. | - 19% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $118 (118 B/.) | 107 B/. | + 10% | |
| Laundry detergent (3 l. ~ 100 oz.) | $11 (11 B/.) | 8 B/. | + 31% | |
| Hourly rate for cleaning help | $22 (22 B/.) | 4.67 B/. | + 371% | |
| Clothes | + 16% | |||
| Clothes in United States is 16% more expensive than in Panama | ||||
| 1 pair of jeans (levis 501 or similar) | $48 (48 B/.) | 51 B/. | - 7% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $43 (43 B/.) | 35 B/. | + 22% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $86 (86 B/.) | 78 B/. | + 10% | |
| 1 pair of men’s leather business shoes | $111 (111 B/.) | 80 B/. | + 39% | |
| Transportation | + 72% | |||
| Transportation in United States is 72% more expensive than in Panama | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $22,794 (22,799 B/.) | 20,077 B/. | + 14% | |
| 1 liter (1/4 gallon) of gas | $0.76 (0.76 B/.) | 0.82 B/. | - 7% | |
| Monthly ticket public transport | $79 (80 B/.) | 32 B/. | + 149% | |
| Personal Care | + 15% | |||
| Personal Care in United States is 15% more expensive than in Panama | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $7 (7 B/.) | 9 B/. | - 19% | |
| 1 box of antibiotics (12 doses) | $19 (19 B/.) | 28 B/. | - 32% | |
| Short visit to private doctor (15 minutes) | $110 (110 B/.) | 47 B/. | + 136% | |
| 1 box of 32 tampons (tampax, ob, ...) | $6 (6 B/.) | 4.54 B/. | + 41% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.47 (3.47 B/.) | 4.01 B/. | - 14% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $4.89 (4.89 B/.) | 5.42 B/. | - 10% | |
| 4 rolls of toilet paper | $3.44 (3.44 B/.) | 2.51 B/. | + 37% | |
| Tube of toothpaste | $1.80 (1.80 B/.) | 2.47 B/. | - 27% | |
| Standard men's haircut in expat area of the city | $21 (21 B/.) | 15 B/. | + 46% | |
| Entertainment | + 22% | |||
| Entertainment in United States is 22% more expensive than in Panama | ||||
| Basic dinner out for two in neighborhood pub | $45 (45 B/.) | 34 B/. | + 31% | |
| 2 tickets to the movies | $25 (25 B/.) | 13 B/. | + 96% | |
| 2 tickets to the theater (best available seats) | $208 (208 B/.) | 46 B/. | + 357% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $75 (75 B/.) | 57 B/. | + 30% | |
| 1 cocktail drink in downtown club | $12 (12 B/.) | 10 B/. | + 23% | |
| Cappuccino in expat area of the city | $4.84 (4.84 B/.) | 3.96 B/. | + 22% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $5.75 (5.75 B/.) | 2.72 B/. | + 111% | |
| Ipad wi-fi 128gb | $407 (407 B/.) | 559 B/. | - 27% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.18 (0.18 B/.) | 0.24 B/. | - 24% | |
| 1 month of gym membership in business district | $53 (53 B/.) | 50 B/. | + 6% | |
| 1 package of marlboro cigarettes | $8 (8 B/.) | 5.35 B/. | + 50% | |
| TOTAL | + 49% | |||
These prices were last updated on January 26, 2020.
Exchange rate:
1.000
PAB
/
USD
This comparison is based on abundant and consistent data. It is based on 53,736 prices entered by 6,801 different people.
Cost of living in United States is 49% more expensive than in Panama
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