Cost of living in Panama compared to Russia
Currency:
| Food | + 89% | |||
|---|---|---|---|---|
| Food in Panama is 89% more expensive than in Russia | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (руб 858) | руб 399 | + 115% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 6 B/. (руб 479) | руб 284 | + 69% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.09 B/. (руб 228) | руб 143 | + 59% | |
| 1 liter (1 qt.) of whole fat milk | 1.45 B/. (руб 107) | руб 65 | + 64% | |
| 12 eggs, large | 2.78 B/. (руб 205) | руб 88 | + 133% | |
| 1 kg (2 lb.) of tomatoes | 2.48 B/. (руб 183) | руб 129 | + 42% | |
| 500 gr (16 oz.) of local cheese | 5.77 B/. (руб 426) | руб 345 | + 23% | |
| 1 kg (2 lb.) of apples | 2.23 B/. (руб 165) | руб 108 | + 52% | |
| 1 kg (2 lb.) of potatoes | 2.05 B/. (руб 151) | руб 35 | + 333% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.02 B/. (руб 75) | руб 66 | + 13% | |
| 1 bottle of red table wine, good quality | 10 B/. (руб 749) | руб 583 | + 28% | |
| 2 liters of coca-cola | 2.18 B/. (руб 161) | руб 109 | + 47% | |
| Bread for 2 people for 1 day | 1.50 B/. (руб 111) | руб 28 | + 290% | |
| Housing | + 75% | |||
| Housing in Panama is 75% more expensive than in Russia | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,360 B/. (руб 100,315) | руб 68,166 | + 47% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 872 B/. (руб 64,355) | руб 37,974 | + 69% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 107 B/. (руб 7,908) | руб 6,392 | + 24% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 899 B/. (руб 66,280) | руб 31,618 | + 110% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 598 B/. (руб 44,101) | руб 22,018 | + 100% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 81 B/. (руб 5,951) | руб 4,038 | + 47% | |
| Internet 8 mbps (1 month) | 44 B/. (руб 3,228) | руб 448 | + 620% | |
| 40” flat screen tv | 345 B/. (руб 25,415) | руб 24,813 | + 2% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 110 B/. (руб 8,139) | руб 6,723 | + 21% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (руб 511) | руб 416 | + 23% | |
| Hourly rate for cleaning help | 6 B/. (руб 478) | руб 926 | - 48% | |
| Clothes | - 2% | |||
| Clothes in Panama is about the same as in Russia | ||||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (руб 3,549) | руб 4,661 | - 24% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 38 B/. (руб 2,779) | руб 2,580 | + 8% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 77 B/. (руб 5,674) | руб 5,596 | + 1% | |
| 1 pair of men’s leather business shoes | 93 B/. (руб 6,868) | руб 6,714 | + 2% | |
| Transportation | + 63% | |||
| Transportation in Panama is 63% more expensive than in Russia | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 21,700 B/. (руб 1,600,625) | руб 1,237,120 | + 29% | |
| 1 liter (1/4 gallon) of gas | 0.66 B/. (руб 49) | руб 47 | + 3% | |
| Monthly ticket public transport | 49 B/. (руб 3,583) | руб 1,548 | + 132% | |
| Personal Care | + 103% | |||
| Personal Care in Panama is 103% more expensive than in Russia | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (руб 558) | руб 476 | + 17% | |
| 1 box of antibiotics (12 doses) | 20 B/. (руб 1,469) | руб 504 | + 192% | |
| Short visit to private doctor (15 minutes) | 40 B/. (руб 2,953) | руб 1,289 | + 129% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.21 B/. (руб 310) | руб 311 | - 0% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.91 B/. (руб 288) | руб 183 | + 58% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (руб 492) | руб 206 | + 139% | |
| 4 rolls of toilet paper | 3.05 B/. (руб 225) | руб 77 | + 191% | |
| Tube of toothpaste | 2.58 B/. (руб 190) | руб 97 | + 95% | |
| Standard men's haircut in expat area of the city | 16 B/. (руб 1,188) | руб 580 | + 105% | |
| Entertainment | + 47% | |||
| Entertainment in Panama is 47% more expensive than in Russia | ||||
| Basic dinner out for two in neighborhood pub | 31 B/. (руб 2,295) | руб 1,480 | + 55% | |
| 2 tickets to the movies | 12 B/. (руб 891) | руб 574 | + 55% | |
| 2 tickets to the theater (best available seats) | 39 B/. (руб 2,888) | руб 5,826 | - 50% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 52 B/. (руб 3,858) | руб 3,401 | + 13% | |
| 1 cocktail drink in downtown club | 9 B/. (руб 697) | руб 387 | + 80% | |
| Cappuccino in expat area of the city | 4.88 B/. (руб 360) | руб 168 | + 115% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.49 B/. (руб 257) | руб 221 | + 17% | |
| Ipad wi-fi 128gb | 525 B/. (руб 38,762) | руб 38,001 | + 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.40 B/. (руб 30) | руб 7 | + 354% | |
| 1 month of gym membership in business district | 46 B/. (руб 3,419) | руб 3,491 | - 2% | |
| 1 package of marlboro cigarettes | 5.14 B/. (руб 379) | руб 160 | + 137% | |
| TOTAL | + 66% | |||
These prices were last updated on May 09, 2021.
Exchange rate:
73.762
RUB
/
PAB
This comparison is based on abundant and consistent data. It is based on 7,360 prices entered by 775 different people.
Cost of living in Panama is 66% more expensive than in Russia
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