- Cost of Living
- Panama
- Switzerland
- Comparison
Cost of living in Panama compared to Switzerland
Currency:
| Food | - 56% | |||
|---|---|---|---|---|
| Food in Panama is 56% cheaper than in Switzerland | ||||
| Basic lunchtime menu (including a drink) in the business district | 9 B/. (CHF 9) | CHF 25 | - 64% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (CHF 6) | CHF 13 | - 55% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.50 B/. (CHF 2.50) | CHF 14 | - 82% | |
| 1 liter (1 qt.) of whole fat milk | 1.57 B/. (CHF 1.57) | CHF 1.76 | - 11% | |
| 12 eggs, large | 2.54 B/. (CHF 2.55) | CHF 7 | - 65% | |
| 1 kg (2 lb.) of tomatoes | 2.83 B/. (CHF 2.84) | CHF 4.65 | - 39% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (CHF 8) | CHF 12 | - 39% | |
| 1 kg (2 lb.) of apples | 3.23 B/. (CHF 3.24) | CHF 3.82 | - 15% | |
| 1 kg (2 lb.) of potatoes | 1.45 B/. (CHF 1.45) | CHF 2.89 | - 50% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.88 B/. (CHF 0.88) | CHF 2.48 | - 64% | |
| 1 bottle of red table wine, good quality | 10 B/. (CHF 10) | CHF 17 | - 43% | |
| 2 liters of Coca-Cola | 2.13 B/. (CHF 2.13) | CHF 2.43 | - 12% | |
| Bread for 2 people for 1 day | 1.49 B/. (CHF 1.49) | CHF 2.46 | - 39% | |
| Housing | - 47% | |||
| Housing in Panama is 47% cheaper than in Switzerland | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,538 B/. (CHF 1,542) | CHF 2,960 | - 48% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 939 B/. (CHF 941) | CHF 2,441 | - 61% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 164 B/. (CHF 165) | CHF 182 | - 10% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 1,109 B/. (CHF 1,112) | CHF 1,802 | - 38% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 681 B/. (CHF 682) | CHF 1,518 | - 55% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 123 B/. (CHF 124) | CHF 129 | - 4% | |
| Internet 8 Mbps (1 month) | 32 B/. (CHF 32) | CHF 45 | - 28% | |
| 40” flat screen TV | 341 B/. (CHF 342) | CHF 540 | - 37% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 79 B/. (CHF 79) | CHF 181 | - 56% | |
| Laundry detergent (3 l. ~ 100 oz.) | 13 B/. (CHF 13) | CHF 19 | - 33% | |
| Hourly rate for cleaning help | 4.04 B/. (CHF 4.05) | CHF 29 | - 86% | |
| Clothes | - 40% | |||
| Clothes in Panama is 40% cheaper than in Switzerland | ||||
| 1 pair of jeans (Levis 501 or similar) | 55 B/. (CHF 55) | CHF 117 | - 53% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 36 B/. (CHF 36) | CHF 52 | - 32% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 77 B/. (CHF 77) | CHF 132 | - 42% | |
| 1 pair of men’s leather business shoes | 100 B/. (CHF 100) | CHF 191 | - 47% | |
| Transportation | - 52% | |||
| Transportation in Panama is 52% cheaper than in Switzerland | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 18,721 B/. (CHF 18,769) | CHF 28,134 | - 33% | |
| 1 liter (1/4 gallon) of gas | 0.78 B/. (CHF 0.78) | CHF 1.84 | - 58% | |
| Monthly ticket public transport | 33 B/. (CHF 33) | CHF 86 | - 61% | |
| Personal Care | - 31% | |||
| Personal Care in Panama is 31% cheaper than in Switzerland | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 10 B/. (CHF 10) | CHF 13 | - 20% | |
| 1 box of antibiotics (12 doses) | 38 B/. (CHF 38) | CHF 34 | + 10% | |
| Short visit to private Doctor (15 minutes) | 42 B/. (CHF 42) | CHF 130 | - 68% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 7 B/. (CHF 7) | CHF 7 | + 7% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.69 B/. (CHF 5.70) | CHF 4.84 | + 18% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.17 B/. (CHF 5.18) | CHF 4.82 | + 8% | |
| 4 rolls of toilet paper | 3.40 B/. (CHF 3.40) | CHF 3.28 | + 4% | |
| Tube of toothpaste | 2.52 B/. (CHF 2.53) | CHF 3.74 | - 33% | |
| Standard men's haircut in expat area of the city | 12 B/. (CHF 12) | CHF 47 | - 75% | |
| Entertainment | - 37% | |||
| Entertainment in Panama is 37% cheaper than in Switzerland | ||||
| Basic dinner out for two in neighborhood pub | 44 B/. (CHF 44) | CHF 70 | - 37% | |
| 2 tickets to the movies | 11 B/. (CHF 11) | CHF 37 | - 70% | |
| 2 tickets to the theater (best available seats) | 86 B/. (CHF 86) | CHF 133 | - 35% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 73 B/. (CHF 73) | CHF 112 | - 35% | |
| 1 cocktail drink in downtown club | 9 B/. (CHF 9) | CHF 17 | - 48% | |
| Cappuccino in expat area of the city | 4.42 B/. (CHF 4.44) | CHF 5.29 | - 16% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.09 B/. (CHF 4.10) | CHF 7 | - 41% | |
| iPad Wi-Fi 128GB | 614 B/. (CHF 616) | CHF 531 | + 16% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.15 B/. (CHF 0.15) | CHF 0.33 | - 54% | |
| 1 month of gym membership in business district | 62 B/. (CHF 62) | CHF 92 | - 33% | |
| 1 package of Marlboro cigarettes | 5.04 B/. (CHF 5.06) | CHF 8 | - 39% | |
| TOTAL | - 47% | |||
These prices were last updated on July 18, 2018.
Exchange rate:
1.003
CHF
/
PAB
This comparison is based on abundant and consistent data. It is based on 2,899 prices entered by 452 different people.
Cost of living in Panama is 47% cheaper than in Switzerland
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