Cost of living in Panama compared to Russia
Currency:
| Food | + 91% | |||
|---|---|---|---|---|
| Food in Panama is 91% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 16 B/. (руб 1,270) | руб 478 | + 166% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (руб 617) | руб 383 | + 61% | |
| 500 gr (1 lb.) of boneless chicken breast | 4.47 B/. (руб 356) | руб 201 | + 77% | |
| 1 liter (1 qt.) of whole fat milk | 1.69 B/. (руб 134) | руб 85 | + 58% | |
| 12 eggs, large | 2.82 B/. (руб 225) | руб 118 | + 91% | |
| 1 kg (2 lb.) of tomatoes | 2.47 B/. (руб 197) | руб 190 | + 4% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (руб 640) | руб 431 | + 49% | |
| 1 kg (2 lb.) of apples | 2.85 B/. (руб 227) | руб 114 | + 99% | |
| 1 kg (2 lb.) of potatoes | 2.19 B/. (руб 174) | руб 51 | + 244% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.53 B/. (руб 122) | руб 80 | + 52% | |
| 1 bottle of red table wine, good quality | 17 B/. (руб 1,335) | руб 726 | + 84% | |
| 2 liters of coca-cola | 2.52 B/. (руб 200) | руб 148 | + 35% | |
| Bread for 2 people for 1 day | 1.63 B/. (руб 130) | руб 44 | + 198% | |
| Housing | + 56% | |||
| Housing in Panama is 56% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,349 B/. (руб 107,461) | руб 88,260 | + 22% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 907 B/. (руб 72,214) | руб 53,559 | + 35% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 145 B/. (руб 11,556) | руб 9,374 | + 23% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 936 B/. (руб 74,587) | руб 45,680 | + 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 930 B/. (руб 74,071) | руб 28,184 | + 163% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 99 B/. (руб 7,922) | руб 6,168 | + 28% | |
| Internet 8 mbps (1 month) | 45 B/. (руб 3,601) | руб 495 | + 627% | |
| 40” flat screen tv | 332 B/. (руб 26,413) | руб 25,427 | + 4% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 101 B/. (руб 8,058) | руб 10,146 | - 21% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (руб 592) | руб 626 | - 5% | |
| Hourly rate for cleaning help | 5.12 B/. (руб 408) | руб 1,017 | - 60% | |
| Clothes | - 28% | |||
| Clothes in Panama is 28% cheaper than in Russia | ||||
| Panama | Russia | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (руб 3,810) | руб 5,476 | - 30% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 31 B/. (руб 2,463) | руб 3,659 | - 33% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 88 B/. (руб 6,981) | руб 7,865 | - 11% | |
| 1 pair of men’s leather business shoes | 90 B/. (руб 7,133) | руб 8,501 | - 16% | |
| Transportation | + 16% | |||
| Transportation in Panama is 16% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,199 B/. (руб 1,768,345) | руб 2,157,330 | - 18% | |
| 1 liter (1/4 gallon) of gas | 1.25 B/. (руб 100) | руб 51 | + 95% | |
| Monthly ticket public transport | 36 B/. (руб 2,839) | руб 2,232 | + 27% | |
| Personal Care | + 83% | |||
| Personal Care in Panama is 83% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (руб 726) | руб 511 | + 42% | |
| 1 box of antibiotics (12 doses) | 24 B/. (руб 1,873) | руб 686 | + 173% | |
| Short visit to private doctor (15 minutes) | 41 B/. (руб 3,290) | руб 1,858 | + 77% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (руб 584) | руб 385 | + 52% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.80 B/. (руб 303) | руб 259 | + 17% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (руб 585) | руб 285 | + 105% | |
| 4 rolls of toilet paper | 3.78 B/. (руб 301) | руб 111 | + 172% | |
| Tube of toothpaste | 3.41 B/. (руб 272) | руб 156 | + 74% | |
| Standard men's haircut in expat area of the city | 15 B/. (руб 1,211) | руб 823 | + 47% | |
| Entertainment | + 44% | |||
| Entertainment in Panama is 44% more expensive than in Russia | ||||
| Panama | Russia | Diff | ||
| Basic dinner out for two in neighborhood pub | 32 B/. (руб 2,531) | руб 1,781 | + 42% | |
| 2 tickets to the movies | 15 B/. (руб 1,208) | руб 700 | + 73% | |
| 2 tickets to the theater (best available seats) | 32 B/. (руб 2,569) | руб 7,058 | - 64% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (руб 4,285) | руб 3,872 | + 11% | |
| 1 cocktail drink in downtown club | 11 B/. (руб 879) | руб 469 | + 88% | |
| Cappuccino in expat area of the city | 5.66 B/. (руб 451) | руб 218 | + 107% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.67 B/. (руб 213) | руб 272 | - 22% | |
| Ipad wi-fi 128gb | 590 B/. (руб 46,999) | руб 70,646 | - 33% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.39 B/. (руб 31) | руб 2.99 | + 946% | |
| 1 month of gym membership in business district | 51 B/. (руб 4,082) | руб 4,350 | - 6% | |
| 1 package of marlboro cigarettes | 5.73 B/. (руб 456) | руб 206 | + 121% | |
| TOTAL | + 43% | |||
These prices were last updated on May 30, 2023.
Exchange rate:
79.659
RUB
/
PAB
This comparison is based on abundant and consistent data. It is based on 7,057 prices entered by 606 different people.
Cost of living in Panama is 43% more expensive than in Russia
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