- Cost of Living
- Panama
- Philippines
- Comparison
Cost of living in Panama compared to Philippines
Currency:
| Food | + 76% | |||
|---|---|---|---|---|
| Food in Panama is 76% more expensive than in Philippines | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (Php608) | Php239 | + 154% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (Php342) | Php173 | + 97% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.98 B/. (Php209) | Php101 | + 107% | |
| 1 liter (1 qt.) of whole fat milk | 1.58 B/. (Php83) | Php83 | + 0% | |
| 12 eggs, large | 2.55 B/. (Php134) | Php93 | + 44% | |
| 1 kg (2 lb.) of tomatoes | 3.48 B/. (Php183) | Php61 | + 202% | |
| 500 gr (16 oz.) of local cheese | 5.09 B/. (Php268) | Php141 | + 91% | |
| 1 kg (2 lb.) of apples | 5.00 B/. (Php263) | Php128 | + 106% | |
| 1 kg (2 lb.) of potatoes | 1.66 B/. (Php87) | Php84 | + 4% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.01 B/. (Php53) | Php50 | + 6% | |
| 1 bottle of red table wine, good quality | 9 B/. (Php461) | Php488 | - 5% | |
| 2 liters of Coca-Cola | 2.32 B/. (Php122) | Php77 | + 58% | |
| Bread for 2 people for 1 day | 1.59 B/. (Php84) | Php53 | + 59% | |
| Housing | + 67% | |||
| Housing in Panama is 67% more expensive than in Philippines | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,559 B/. (Php82,037) | Php45,985 | + 78% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,050 B/. (Php55,263) | Php22,576 | + 145% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 164 B/. (Php8,612) | Php3,803 | + 126% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 1,032 B/. (Php54,298) | Php27,911 | + 95% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 635 B/. (Php33,395) | Php16,256 | + 105% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 124 B/. (Php6,511) | Php2,925 | + 123% | |
| Internet 8 Mbps (1 month) | 32 B/. (Php1,692) | Php1,741 | - 3% | |
| 40” flat screen TV | 364 B/. (Php19,163) | Php24,488 | - 22% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 89 B/. (Php4,674) | Php5,175 | - 10% | |
| Laundry detergent (3 l. ~ 100 oz.) | 10 B/. (Php519) | Php335 | + 55% | |
| Hourly rate for cleaning help | 4.26 B/. (Php224) | Php252 | - 11% | |
| Clothes | + 52% | |||
| Clothes in Panama is 52% more expensive than in Philippines | ||||
| 1 pair of jeans (Levis 501 or similar) | 68 B/. (Php3,553) | Php2,119 | + 68% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 48 B/. (Php2,531) | Php1,578 | + 60% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 81 B/. (Php4,283) | Php4,106 | + 4% | |
| 1 pair of men’s leather business shoes | 98 B/. (Php5,176) | Php3,479 | + 49% | |
| Transportation | + 5% | |||
| Transportation in Panama is 5% more expensive than in Philippines | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 19,573 B/. (Php1,030,031) | Php1,228,610 | - 16% | |
| 1 liter (1/4 gallon) of gas | 0.77 B/. (Php41) | Php51 | - 21% | |
| Monthly ticket public transport | 38 B/. (Php2,024) | Php1,490 | + 36% | |
| Personal Care | + 155% | |||
| Personal Care in Panama is 155% more expensive than in Philippines | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 6 B/. (Php330) | Php152 | + 116% | |
| 1 box of antibiotics (12 doses) | 33 B/. (Php1,720) | Php457 | + 276% | |
| Short visit to private Doctor (15 minutes) | 40 B/. (Php2,088) | Php862 | + 142% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 11 B/. (Php554) | Php235 | + 135% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.48 B/. (Php289) | Php118 | + 144% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 6.00 B/. (Php316) | Php187 | + 69% | |
| 4 rolls of toilet paper | 3.31 B/. (Php174) | Php61 | + 184% | |
| Tube of toothpaste | 2.41 B/. (Php127) | Php84 | + 50% | |
| Standard men's haircut in expat area of the city | 13 B/. (Php678) | Php180 | + 276% | |
| Entertainment | + 126% | |||
| Entertainment in Panama is 126% more expensive than in Philippines | ||||
| Basic dinner out for two in neighborhood pub | 48 B/. (Php2,523) | Php796 | + 217% | |
| 2 tickets to the movies | 12 B/. (Php611) | Php479 | + 28% | |
| 2 tickets to the theater (best available seats) | 125 B/. (Php6,574) | Php1,231 | + 434% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 75 B/. (Php3,946) | Php1,455 | + 171% | |
| 1 cocktail drink in downtown club | 9 B/. (Php472) | Php271 | + 74% | |
| Cappuccino in expat area of the city | 4.06 B/. (Php214) | Php158 | + 36% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.16 B/. (Php219) | Php91 | + 140% | |
| iPad Wi-Fi 128GB | 598 B/. (Php31,452) | Php24,510 | + 28% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (Php26) | Php8 | + 224% | |
| 1 month of gym membership in business district | 54 B/. (Php2,865) | Php2,030 | + 41% | |
| 1 package of Marlboro cigarettes | 5.38 B/. (Php283) | Php91 | + 209% | |
| TOTAL | + 64% | |||
These prices were last updated on January 22, 2019.
Exchange rate:
52.625
PHP
/
PAB
This comparison is based on abundant and consistent data. It is based on 3,839 prices entered by 469 different people.
Cost of living in Panama is 64% more expensive than in Philippines
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