Cost of living in Panama compared to Russia
Currency:
| Food | + 77% | |||
|---|---|---|---|---|
| Food in Panama is 77% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 15 B/. (руб 1,221) | руб 516 | + 136% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (руб 622) | руб 359 | + 73% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.00 B/. (руб 250) | руб 199 | + 26% | |
| 1 liter (1 qt.) of whole fat milk | 1.77 B/. (руб 148) | руб 88 | + 68% | |
| 12 eggs, large | 2.61 B/. (руб 218) | руб 145 | + 51% | |
| 1 kg (2 lb.) of tomatoes | 2.47 B/. (руб 206) | руб 213 | - 3% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (руб 502) | руб 416 | + 21% | |
| 1 kg (2 lb.) of apples | 3.32 B/. (руб 277) | руб 130 | + 113% | |
| 1 kg (2 lb.) of potatoes | 2.27 B/. (руб 189) | руб 54 | + 253% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.39 B/. (руб 116) | руб 89 | + 30% | |
| 1 bottle of red table wine, good quality | 9 B/. (руб 778) | руб 687 | + 13% | |
| 2 liters of coca-cola | 2.29 B/. (руб 191) | руб 166 | + 15% | |
| Bread for 2 people for 1 day | 2.19 B/. (руб 182) | руб 40 | + 354% | |
| Housing | + 51% | |||
| Housing in Panama is 51% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,470 B/. (руб 122,613) | руб 106,005 | + 16% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 969 B/. (руб 80,850) | руб 58,355 | + 39% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 126 B/. (руб 10,548) | руб 8,212 | + 28% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 921 B/. (руб 76,793) | руб 53,538 | + 43% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 607 B/. (руб 50,635) | руб 32,390 | + 56% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 97 B/. (руб 8,089) | руб 5,826 | + 39% | |
| Internet 8 mbps (1 month) | 44 B/. (руб 3,661) | руб 901 | + 306% | |
| 40” flat screen tv | 280 B/. (руб 23,368) | руб 22,130 | + 6% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 131 B/. (руб 10,937) | руб 7,545 | + 45% | |
| Laundry detergent (3 l. ~ 100 oz.) | 22 B/. (руб 1,809) | руб 546 | + 231% | |
| Hourly rate for cleaning help | 11 B/. (руб 949) | руб 797 | + 19% | |
| Clothes | + 1% | |||
| Clothes in Panama is about the same as in Russia | ||||
| Panama | Russia | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 44 B/. (руб 3,634) | руб 6,508 | - 44% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 49 B/. (руб 4,082) | руб 3,183 | + 28% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 110 B/. (руб 9,182) | руб 8,423 | + 9% | |
| 1 pair of men’s leather business shoes | 146 B/. (руб 12,220) | руб 7,792 | + 57% | |
| Transportation | + 0% | |||
| Transportation in Panama is about the same as in Russia | ||||
| Panama | Russia | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 24,370 B/. (руб 2,033,071) | руб 2,623,330 | - 23% | |
| 1 liter (1/4 gallon) of gas | 0.97 B/. (руб 81) | руб 55 | + 46% | |
| Monthly ticket public transport | 27 B/. (руб 2,279) | руб 2,129 | + 7% | |
| Personal Care | + 207% | |||
| Personal Care in Panama is 207% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 10 B/. (руб 862) | руб 316 | + 173% | |
| 1 box of antibiotics (12 doses) | 19 B/. (руб 1,586) | руб 551 | + 188% | |
| Short visit to private doctor (15 minutes) | 63 B/. (руб 5,281) | руб 1,975 | + 167% | |
| 1 box of 32 tampons (tampax, ob, ...) | 11 B/. (руб 955) | руб 354 | + 170% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 7 B/. (руб 594) | руб 216 | + 176% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 9 B/. (руб 711) | руб 196 | + 262% | |
| 4 rolls of toilet paper | 4.49 B/. (руб 375) | руб 125 | + 200% | |
| Tube of toothpaste | 3.34 B/. (руб 278) | руб 133 | + 109% | |
| Standard men's haircut in expat area of the city | 45 B/. (руб 3,759) | руб 499 | + 653% | |
| Entertainment | + 119% | |||
| Entertainment in Panama is 119% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Basic dinner out for two in neighborhood pub | 36 B/. (руб 2,981) | руб 1,898 | + 57% | |
| 2 tickets to the movies | 11 B/. (руб 941) | руб 672 | + 40% | |
| 2 tickets to the theater (best available seats) | 35 B/. (руб 2,914) | руб 5,461 | - 47% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 66 B/. (руб 5,471) | руб 3,276 | + 67% | |
| 1 cocktail drink in downtown club | 17 B/. (руб 1,401) | руб 487 | + 188% | |
| Cappuccino in expat area of the city | 8 B/. (руб 694) | руб 182 | + 281% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.62 B/. (руб 385) | руб 249 | + 55% | |
| Ipad wi-fi 128gb | 805 B/. (руб 67,147) | руб 58,430 | + 15% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (руб 42) | руб 3.97 | + 951% | |
| 1 month of gym membership in business district | 57 B/. (руб 4,792) | руб 3,415 | + 40% | |
| 1 package of marlboro cigarettes | 8 B/. (руб 672) | руб 209 | + 222% | |
| TOTAL | + 55% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 2,378 prices entered by 229 different people.
These prices were last updated on March 19, 2025.
Exchange rate:
83.424
RUB
/
PAB
Cost of living in Panama is 55% more expensive than in Russia
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