Cost of living in United States compared to Panama
Currency:
| Food | + 26% | |||
|---|---|---|---|---|
| Food in United States is 26% more expensive than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | $15 (15 B/.) | 12 B/. | + 28% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $8 (8 B/.) | 7 B/. | + 16% | |
| 500 gr (1 lb.) of boneless chicken breast | $4.22 (4.22 B/.) | 2.86 B/. | + 48% | |
| 1 liter (1 qt.) of whole fat milk | $0.89 (0.89 B/.) | 1.52 B/. | - 42% | |
| 12 eggs, large | $2.94 (2.94 B/.) | 2.93 B/. | + 1% | |
| 1 kg (2 lb.) of tomatoes | $4.08 (4.08 B/.) | 2.68 B/. | + 52% | |
| 500 gr (16 oz.) of local cheese | $6 (6 B/.) | 5.99 B/. | + 5% | |
| 1 kg (2 lb.) of apples | $3.29 (3.29 B/.) | 2.92 B/. | + 13% | |
| 1 kg (2 lb.) of potatoes | $1.67 (1.67 B/.) | 2.01 B/. | - 17% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.17 (3.18 B/.) | 1.03 B/. | + 209% | |
| 1 bottle of red table wine, good quality | $14 (14 B/.) | 10 B/. | + 42% | |
| 2 liters of coca-cola | $1.97 (1.97 B/.) | 2.22 B/. | - 11% | |
| Bread for 2 people for 1 day | $2.01 (2.01 B/.) | 1.65 B/. | + 22% | |
| Housing | + 62% | |||
| Housing in United States is 62% more expensive than in Panama | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $2,193 (2,194 B/.) | 1,298 B/. | + 69% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $1,541 (1,542 B/.) | 919 B/. | + 68% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $178 (178 B/.) | 109 B/. | + 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $1,528 (1,529 B/.) | 918 B/. | + 67% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $1,110 (1,110 B/.) | 673 B/. | + 65% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $109 (109 B/.) | 79 B/. | + 37% | |
| Internet 8 mbps (1 month) | $49 (49 B/.) | 41 B/. | + 20% | |
| 40” flat screen tv | $271 (271 B/.) | 389 B/. | - 30% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $127 (127 B/.) | 101 B/. | + 26% | |
| Laundry detergent (3 l. ~ 100 oz.) | $11 (11 B/.) | 8 B/. | + 39% | |
| Hourly rate for cleaning help | $21 (21 B/.) | 5.37 B/. | + 297% | |
| Clothes | + 17% | |||
| Clothes in United States is 17% more expensive than in Panama | ||||
| 1 pair of jeans (levis 501 or similar) | $47 (47 B/.) | 44 B/. | + 7% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $43 (43 B/.) | 38 B/. | + 14% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $86 (86 B/.) | 68 B/. | + 28% | |
| 1 pair of men’s leather business shoes | $108 (108 B/.) | 78 B/. | + 39% | |
| Transportation | + 66% | |||
| Transportation in United States is 66% more expensive than in Panama | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $23,483 (23,494 B/.) | 20,866 B/. | + 13% | |
| 1 liter (1/4 gallon) of gas | $0.64 (0.64 B/.) | 0.70 B/. | - 8% | |
| Monthly ticket public transport | $75 (75 B/.) | 32 B/. | + 134% | |
| Personal Care | + 26% | |||
| Personal Care in United States is 26% more expensive than in Panama | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $7 (7 B/.) | 11 B/. | - 36% | |
| 1 box of antibiotics (12 doses) | $15 (15 B/.) | 19 B/. | - 23% | |
| Short visit to private doctor (15 minutes) | $111 (111 B/.) | 45 B/. | + 150% | |
| 1 box of 32 tampons (tampax, ob, ...) | $7 (7 B/.) | 3.83 B/. | + 74% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.38 (3.39 B/.) | 3.02 B/. | + 12% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $4.93 (4.94 B/.) | 5.59 B/. | - 12% | |
| 4 rolls of toilet paper | $3.62 (3.62 B/.) | 2.11 B/. | + 71% | |
| Tube of toothpaste | $1.82 (1.82 B/.) | 2.90 B/. | - 37% | |
| Standard men's haircut in expat area of the city | $21 (21 B/.) | 14 B/. | + 49% | |
| Entertainment | + 37% | |||
| Entertainment in United States is 37% more expensive than in Panama | ||||
| Basic dinner out for two in neighborhood pub | $45 (45 B/.) | 33 B/. | + 38% | |
| 2 tickets to the movies | $25 (25 B/.) | 11 B/. | + 119% | |
| 2 tickets to the theater (best available seats) | $212 (212 B/.) | 39 B/. | + 446% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $78 (78 B/.) | 54 B/. | + 44% | |
| 1 cocktail drink in downtown club | $12 (12 B/.) | 10 B/. | + 23% | |
| Cappuccino in expat area of the city | $4.96 (4.97 B/.) | 4.62 B/. | + 7% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $5.74 (5.74 B/.) | 3.94 B/. | + 46% | |
| Ipad wi-fi 128gb | $411 (411 B/.) | 537 B/. | - 24% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.49 (0.49 B/.) | 0.34 B/. | + 47% | |
| 1 month of gym membership in business district | $49 (49 B/.) | 46 B/. | + 6% | |
| 1 package of marlboro cigarettes | $8 (8 B/.) | 5.35 B/. | + 54% | |
| TOTAL | + 46% | |||
These prices were last updated on January 24, 2021.
Exchange rate:
1.000
PAB
/
USD
This comparison is based on abundant and consistent data. It is based on 33,901 prices entered by 4,438 different people.
Cost of living in United States is 46% more expensive than in Panama
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