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Currency:
| Food | - 51% | |||
|---|---|---|---|---|
| Food in Panama is 51% cheaper than in Switzerland | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (CHF 12) | CHF 25 | - 54% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 7 B/. (CHF 7) | CHF 14 | - 52% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.40 B/. (CHF 3.37) | CHF 12 | - 72% | |
| 1 liter (1 qt.) of whole fat milk | 1.54 B/. (CHF 1.53) | CHF 1.69 | - 10% | |
| 12 eggs, large | 2.33 B/. (CHF 2.31) | CHF 8 | - 69% | |
| 1 kg (2 lb.) of tomatoes | 2.50 B/. (CHF 2.48) | CHF 4.36 | - 43% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (CHF 6) | CHF 10 | - 42% | |
| 1 kg (2 lb.) of apples | 2.86 B/. (CHF 2.84) | CHF 4.42 | - 36% | |
| 1 kg (2 lb.) of potatoes | 2.30 B/. (CHF 2.28) | CHF 2.52 | - 10% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.91 B/. (CHF 0.90) | CHF 1.88 | - 52% | |
| 1 bottle of red table wine, good quality | 9 B/. (CHF 9) | CHF 15 | - 36% | |
| 2 liters of Coca-Cola | 2.47 B/. (CHF 2.45) | CHF 2.73 | - 10% | |
| Bread for 2 people for 1 day | 1.28 B/. (CHF 1.27) | CHF 2.46 | - 48% | |
| Housing | - 49% | |||
| Housing in Panama is 49% cheaper than in Switzerland | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,390 B/. (CHF 1,377) | CHF 2,752 | - 50% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 881 B/. (CHF 874) | CHF 2,095 | - 58% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 138 B/. (CHF 136) | CHF 247 | - 45% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 999 B/. (CHF 990) | CHF 1,579 | - 37% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 627 B/. (CHF 622) | CHF 1,134 | - 45% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 101 B/. (CHF 100) | CHF 192 | - 48% | |
| Internet 8 Mbps (1 month) | 32 B/. (CHF 31) | CHF 42 | - 26% | |
| 40” flat screen TV | 358 B/. (CHF 355) | CHF 712 | - 50% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 105 B/. (CHF 104) | CHF 140 | - 26% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (CHF 9) | CHF 16 | - 47% | |
| Hourly rate for cleaning help | 5.00 B/. (CHF 4.95) | CHF 30 | - 83% | |
| Clothes | - 46% | |||
| Clothes in Panama is 46% cheaper than in Switzerland | ||||
| 1 pair of jeans (Levis 501 or similar) | 52 B/. (CHF 51) | CHF 110 | - 53% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 34 B/. (CHF 33) | CHF 56 | - 41% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 77 B/. (CHF 77) | CHF 126 | - 39% | |
| 1 pair of men’s leather business shoes | 79 B/. (CHF 78) | CHF 184 | - 58% | |
| Transportation | - 43% | |||
| Transportation in Panama is 43% cheaper than in Switzerland | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 19,764 B/. (CHF 19,589) | CHF 25,725 | - 24% | |
| 1 liter (1/4 gallon) of gas | 0.79 B/. (CHF 0.79) | CHF 1.62 | - 51% | |
| Monthly ticket public transport | 35 B/. (CHF 34) | CHF 71 | - 51% | |
| Personal Care | - 31% | |||
| Personal Care in Panama is 31% cheaper than in Switzerland | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 8 B/. (CHF 8) | CHF 15 | - 46% | |
| 1 box of antibiotics (12 doses) | 32 B/. (CHF 31) | CHF 34 | - 8% | |
| Short visit to private Doctor (15 minutes) | 50 B/. (CHF 50) | CHF 121 | - 59% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 5.03 B/. (CHF 4.99) | CHF 6 | - 22% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.20 B/. (CHF 4.16) | CHF 4.32 | - 4% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.42 B/. (CHF 5.38) | CHF 4.18 | + 28% | |
| 4 rolls of toilet paper | 2.69 B/. (CHF 2.67) | CHF 3.37 | - 21% | |
| Tube of toothpaste | 2.45 B/. (CHF 2.42) | CHF 3.35 | - 28% | |
| Standard men's haircut in expat area of the city | 14 B/. (CHF 14) | CHF 35 | - 61% | |
| Entertainment | - 42% | |||
| Entertainment in Panama is 42% cheaper than in Switzerland | ||||
| Basic dinner out for two in neighborhood pub | 37 B/. (CHF 36) | CHF 68 | - 46% | |
| 2 tickets to the movies | 12 B/. (CHF 12) | CHF 36 | - 66% | |
| 2 tickets to the theater (best available seats) | 50 B/. (CHF 49) | CHF 159 | - 69% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 61 B/. (CHF 60) | CHF 117 | - 48% | |
| 1 cocktail drink in downtown club | 9 B/. (CHF 9) | CHF 17 | - 45% | |
| Cappuccino in expat area of the city | 4.15 B/. (CHF 4.11) | CHF 4.88 | - 16% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.92 B/. (CHF 2.89) | CHF 7 | - 57% | |
| iPad Wi-Fi 128GB | 558 B/. (CHF 553) | CHF 562 | - 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.25 B/. (CHF 0.24) | CHF 0.37 | - 34% | |
| 1 month of gym membership in business district | 50 B/. (CHF 50) | CHF 93 | - 47% | |
| 1 package of Marlboro cigarettes | 5.56 B/. (CHF 5.51) | CHF 9 | - 36% | |
| TOTAL | - 47% | |||
These prices were last updated on December 04, 2019.
Exchange rate:
0.991
CHF
/
PAB
This comparison is based on abundant and consistent data. It is based on 2,774 prices entered by 310 different people.
Cost of living in Panama is 47% cheaper than in Switzerland
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