Cost of living in Panama compared to Russia
Currency:
| Food | + 82% | |||
|---|---|---|---|---|
| Food in Panama is 82% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 20 B/. (руб 1,324) | руб 473 | + 180% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (руб 494) | руб 310 | + 59% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.21 B/. (руб 210) | руб 179 | + 18% | |
| 1 liter (1 qt.) of whole fat milk | 1.60 B/. (руб 105) | руб 79 | + 32% | |
| 12 eggs, large | 2.57 B/. (руб 169) | руб 116 | + 46% | |
| 1 kg (2 lb.) of tomatoes | 2.32 B/. (руб 152) | руб 214 | - 29% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (руб 520) | руб 415 | + 25% | |
| 1 kg (2 lb.) of apples | 2.42 B/. (руб 159) | руб 116 | + 37% | |
| 1 kg (2 lb.) of potatoes | 2.44 B/. (руб 160) | руб 61 | + 163% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.48 B/. (руб 97) | руб 69 | + 40% | |
| 1 bottle of red table wine, good quality | 16 B/. (руб 1,029) | руб 650 | + 58% | |
| 2 liters of coca-cola | 2.49 B/. (руб 163) | руб 131 | + 24% | |
| Bread for 2 people for 1 day | 2.02 B/. (руб 132) | руб 38 | + 249% | |
| Housing | + 43% | |||
| Housing in Panama is 43% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,294 B/. (руб 84,825) | руб 58,740 | + 44% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 748 B/. (руб 49,041) | руб 41,557 | + 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 94 B/. (руб 6,193) | руб 8,086 | - 23% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 860 B/. (руб 56,373) | руб 36,863 | + 53% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 480 B/. (руб 31,450) | руб 27,195 | + 16% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 75 B/. (руб 4,936) | руб 5,533 | - 11% | |
| Internet 8 mbps (1 month) | 30 B/. (руб 1,984) | руб 488 | + 307% | |
| 40” flat screen tv | 331 B/. (руб 21,698) | руб 28,032 | - 23% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 136 B/. (руб 8,891) | руб 8,369 | + 6% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (руб 476) | руб 508 | - 6% | |
| Hourly rate for cleaning help | 16 B/. (руб 1,039) | руб 795 | + 31% | |
| Clothes | - 30% | |||
| Clothes in Panama is 30% cheaper than in Russia | ||||
| Panama | Russia | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 47 B/. (руб 3,090) | руб 5,389 | - 43% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 38 B/. (руб 2,485) | руб 3,367 | - 26% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 76 B/. (руб 5,002) | руб 6,468 | - 23% | |
| 1 pair of men’s leather business shoes | 80 B/. (руб 5,216) | руб 7,167 | - 27% | |
| Transportation | + 8% | |||
| Transportation in Panama is 8% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,986 B/. (руб 1,375,673) | руб 2,037,620 | - 32% | |
| 1 liter (1/4 gallon) of gas | 1.20 B/. (руб 79) | руб 50 | + 56% | |
| Monthly ticket public transport | 38 B/. (руб 2,462) | руб 1,711 | + 44% | |
| Personal Care | + 101% | |||
| Personal Care in Panama is 101% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (руб 478) | руб 453 | + 5% | |
| 1 box of antibiotics (12 doses) | 24 B/. (руб 1,578) | руб 457 | + 245% | |
| Short visit to private doctor (15 minutes) | 64 B/. (руб 4,199) | руб 1,321 | + 218% | |
| 1 box of 32 tampons (tampax, ob, ...) | 6 B/. (руб 422) | руб 311 | + 36% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.29 B/. (руб 347) | руб 215 | + 61% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (руб 458) | руб 255 | + 79% | |
| 4 rolls of toilet paper | 2.83 B/. (руб 185) | руб 99 | + 86% | |
| Tube of toothpaste | 3.32 B/. (руб 218) | руб 124 | + 76% | |
| Standard men's haircut in expat area of the city | 16 B/. (руб 1,076) | руб 585 | + 84% | |
| Entertainment | + 42% | |||
| Entertainment in Panama is 42% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Basic dinner out for two in neighborhood pub | 42 B/. (руб 2,775) | руб 1,591 | + 74% | |
| 2 tickets to the movies | 13 B/. (руб 824) | руб 553 | + 49% | |
| 2 tickets to the theater (best available seats) | 67 B/. (руб 4,382) | руб 4,679 | - 6% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (руб 3,631) | руб 4,412 | - 18% | |
| 1 cocktail drink in downtown club | 7 B/. (руб 442) | руб 375 | + 18% | |
| Cappuccino in expat area of the city | 4.27 B/. (руб 280) | руб 187 | + 50% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.13 B/. (руб 205) | руб 239 | - 14% | |
| Ipad wi-fi 128gb | 882 B/. (руб 57,802) | руб 48,343 | + 20% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.30 B/. (руб 20) | руб 3.27 | + 509% | |
| 1 month of gym membership in business district | 51 B/. (руб 3,323) | руб 2,826 | + 18% | |
| 1 package of marlboro cigarettes | 7 B/. (руб 444) | руб 175 | + 153% | |
| TOTAL | + 39% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 4,553 prices entered by 471 different people.
These prices were last updated on May 15, 2022.
Exchange rate:
65.552
RUB
/
PAB
Cost of living in Panama is 39% more expensive than in Russia
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