Cost of living in United States compared to Panama
Currency:
| Food | + 46% | |||
|---|---|---|---|---|
| Food in United States is 46% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | $19 (19 B/.) | 14 B/. | + 36% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $10 (10 B/.) | 8 B/. | + 32% | |
| 500 gr (1 lb.) of boneless chicken breast | $5.83 (5.88 B/.) | 3.91 B/. | + 51% | |
| 1 liter (1 qt.) of whole fat milk | $1.09 (1.10 B/.) | 1.63 B/. | - 33% | |
| 12 eggs, large | $4.62 (4.66 B/.) | 2.85 B/. | + 63% | |
| 1 kg (2 lb.) of tomatoes | $4.61 (4.65 B/.) | 2.07 B/. | + 125% | |
| 500 gr (16 oz.) of local cheese | $7 (7 B/.) | 7 B/. | - 2% | |
| 1 kg (2 lb.) of apples | $4.25 (4.29 B/.) | 2.55 B/. | + 68% | |
| 1 kg (2 lb.) of potatoes | $2.20 (2.23 B/.) | 1.96 B/. | + 13% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.50 (3.53 B/.) | 1.51 B/. | + 134% | |
| 1 bottle of red table wine, good quality | $16 (16 B/.) | 13 B/. | + 22% | |
| 2 liters of coca-cola | $2.56 (2.58 B/.) | 2.44 B/. | + 6% | |
| Bread for 2 people for 1 day | $2.85 (2.87 B/.) | 1.61 B/. | + 78% | |
| Housing | + 102% | |||
| Housing in United States is 102% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $2,833 (2,859 B/.) | 1,273 B/. | + 125% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $2,104 (2,123 B/.) | 852 B/. | + 149% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $215 (217 B/.) | 127 B/. | + 70% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $2,021 (2,040 B/.) | 908 B/. | + 125% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $1,462 (1,476 B/.) | 556 B/. | + 165% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $148 (149 B/.) | 78 B/. | + 90% | |
| Internet 8 mbps (1 month) | $59 (60 B/.) | 46 B/. | + 29% | |
| 40” flat screen tv | $292 (295 B/.) | 340 B/. | - 13% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $123 (125 B/.) | 106 B/. | + 17% | |
| Laundry detergent (3 l. ~ 100 oz.) | $13 (13 B/.) | 8 B/. | + 61% | |
| Hourly rate for cleaning help | $32 (32 B/.) | 15 B/. | + 112% | |
| Clothes | + 52% | |||
| Clothes in United States is 52% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | $53 (53 B/.) | 48 B/. | + 11% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $47 (48 B/.) | 26 B/. | + 82% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $94 (95 B/.) | 79 B/. | + 20% | |
| 1 pair of men’s leather business shoes | $122 (123 B/.) | 83 B/. | + 47% | |
| Transportation | + 51% | |||
| Transportation in United States is 51% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $27,034 (27,285 B/.) | 22,433 B/. | + 22% | |
| 1 liter (1/4 gallon) of gas | $1.14 (1.15 B/.) | 1.29 B/. | - 11% | |
| Monthly ticket public transport | $79 (79 B/.) | 42 B/. | + 91% | |
| Personal Care | + 9% | |||
| Personal Care in United States is 9% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $8 (8 B/.) | 8 B/. | - 7% | |
| 1 box of antibiotics (12 doses) | $23 (23 B/.) | 32 B/. | - 29% | |
| Short visit to private doctor (15 minutes) | $136 (138 B/.) | 62 B/. | + 121% | |
| 1 box of 32 tampons (tampax, ob, ...) | $8 (8 B/.) | 9 B/. | - 7% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $4.61 (4.66 B/.) | 5.05 B/. | - 8% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $5.80 (5.86 B/.) | 7 B/. | - 16% | |
| 4 rolls of toilet paper | $4.67 (4.72 B/.) | 3.79 B/. | + 24% | |
| Tube of toothpaste | $2.14 (2.16 B/.) | 3.38 B/. | - 36% | |
| Standard men's haircut in expat area of the city | $27 (27 B/.) | 19 B/. | + 44% | |
| Entertainment | + 42% | |||
| Entertainment in United States is 42% more expensive than in Panama | ||||
| United States | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | $53 (53 B/.) | 29 B/. | + 83% | |
| 2 tickets to the movies | $28 (28 B/.) | 13 B/. | + 125% | |
| 2 tickets to the theater (best available seats) | $194 (196 B/.) | 55 B/. | + 254% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $92 (93 B/.) | 47 B/. | + 96% | |
| 1 cocktail drink in downtown club | $13 (13 B/.) | 8 B/. | + 58% | |
| Cappuccino in expat area of the city | $5.55 (5.60 B/.) | 5.69 B/. | - 2% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $7 (7 B/.) | 2.75 B/. | + 139% | |
| Ipad wi-fi 128gb | $524 (529 B/.) | 651 B/. | - 19% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.20 (0.20 B/.) | 0.22 B/. | - 11% | |
| 1 month of gym membership in business district | $57 (58 B/.) | 47 B/. | + 22% | |
| 1 package of marlboro cigarettes | $10 (10 B/.) | 5.66 B/. | + 76% | |
| TOTAL | + 60% | |||
These prices were last updated on February 06, 2023.
Exchange rate:
1.009
PAB
/
USD
This comparison is based on abundant and consistent data. It is based on 21,367 prices entered by 2,883 different people.
Cost of living in United States is 60% more expensive than in Panama
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