- 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 | - 66% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (CHF 5.98) | CHF 14 | - 56% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.73 B/. (CHF 2.63) | CHF 14 | - 81% | |
| 1 liter (1 qt.) of whole fat milk | 1.58 B/. (CHF 1.52) | CHF 1.71 | - 11% | |
| 12 eggs, large | 2.42 B/. (CHF 2.33) | CHF 7 | - 68% | |
| 1 kg (2 lb.) of tomatoes | 2.54 B/. (CHF 2.45) | CHF 4.13 | - 41% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (CHF 7) | CHF 12 | - 38% | |
| 1 kg (2 lb.) of apples | 3.48 B/. (CHF 3.35) | CHF 3.79 | - 12% | |
| 1 kg (2 lb.) of potatoes | 1.71 B/. (CHF 1.65) | CHF 2.90 | - 43% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.94 B/. (CHF 0.91) | CHF 2.39 | - 62% | |
| 1 bottle of red table wine, good quality | 9 B/. (CHF 9) | CHF 15 | - 44% | |
| 2 liters of Coca-Cola | 2.17 B/. (CHF 2.09) | CHF 2.50 | - 16% | |
| Bread for 2 people for 1 day | 1.67 B/. (CHF 1.61) | CHF 2.42 | - 33% | |
| Housing | - 48% | |||
| Housing in Panama is 48% cheaper than in Switzerland | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,530 B/. (CHF 1,474) | CHF 2,888 | - 49% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 965 B/. (CHF 930) | CHF 2,296 | - 60% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 178 B/. (CHF 171) | CHF 181 | - 5% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 1,113 B/. (CHF 1,073) | CHF 1,886 | - 43% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 681 B/. (CHF 656) | CHF 1,416 | - 54% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 118 B/. (CHF 113) | CHF 143 | - 20% | |
| Internet 8 Mbps (1 month) | 33 B/. (CHF 31) | CHF 45 | - 31% | |
| 40” flat screen TV | 336 B/. (CHF 324) | CHF 545 | - 41% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 79 B/. (CHF 76) | CHF 176 | - 57% | |
| Laundry detergent (3 l. ~ 100 oz.) | 12 B/. (CHF 12) | CHF 17 | - 33% | |
| Hourly rate for cleaning help | 4.02 B/. (CHF 3.87) | CHF 29 | - 87% | |
| Clothes | - 39% | |||
| Clothes in Panama is 39% cheaper than in Switzerland | ||||
| 1 pair of jeans (Levis 501 or similar) | 56 B/. (CHF 54) | CHF 116 | - 53% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 38 B/. (CHF 36) | CHF 51 | - 29% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 78 B/. (CHF 75) | CHF 130 | - 42% | |
| 1 pair of men’s leather business shoes | 98 B/. (CHF 94) | CHF 180 | - 48% | |
| Transportation | - 54% | |||
| Transportation in Panama is 54% cheaper than in Switzerland | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 18,395 B/. (CHF 17,724) | CHF 27,655 | - 36% | |
| 1 liter (1/4 gallon) of gas | 0.78 B/. (CHF 0.75) | CHF 1.84 | - 59% | |
| Monthly ticket public transport | 33 B/. (CHF 32) | CHF 87 | - 63% | |
| Personal Care | - 32% | |||
| Personal Care in Panama is 32% cheaper than in Switzerland | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 9 B/. (CHF 9) | CHF 13 | - 33% | |
| 1 box of antibiotics (12 doses) | 31 B/. (CHF 30) | CHF 32 | - 7% | |
| Short visit to private Doctor (15 minutes) | 44 B/. (CHF 43) | CHF 122 | - 65% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 6 B/. (CHF 6) | CHF 5.68 | + 10% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.68 B/. (CHF 5.47) | CHF 4.70 | + 16% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.15 B/. (CHF 4.96) | CHF 4.27 | + 16% | |
| 4 rolls of toilet paper | 3.51 B/. (CHF 3.38) | CHF 3.08 | + 10% | |
| Tube of toothpaste | 2.54 B/. (CHF 2.45) | CHF 3.38 | - 28% | |
| Standard men's haircut in expat area of the city | 12 B/. (CHF 11) | CHF 45 | - 74% | |
| Entertainment | - 40% | |||
| Entertainment in Panama is 40% cheaper than in Switzerland | ||||
| Basic dinner out for two in neighborhood pub | 43 B/. (CHF 42) | CHF 70 | - 40% | |
| 2 tickets to the movies | 11 B/. (CHF 11) | CHF 37 | - 71% | |
| 2 tickets to the theater (best available seats) | 86 B/. (CHF 82) | CHF 124 | - 34% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 73 B/. (CHF 71) | CHF 109 | - 35% | |
| 1 cocktail drink in downtown club | 9 B/. (CHF 9) | CHF 17 | - 50% | |
| Cappuccino in expat area of the city | 4.43 B/. (CHF 4.26) | CHF 5.25 | - 19% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.17 B/. (CHF 4.02) | CHF 7 | - 43% | |
| iPad Wi-Fi 128GB | 526 B/. (CHF 506) | CHF 529 | - 4% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.15 B/. (CHF 0.14) | CHF 0.36 | - 60% | |
| 1 month of gym membership in business district | 61 B/. (CHF 59) | CHF 93 | - 36% | |
| 1 package of Marlboro cigarettes | 5.11 B/. (CHF 4.92) | CHF 8 | - 41% | |
| TOTAL | - 49% | |||
These prices were last updated on September 16, 2018.
Exchange rate:
0.964
CHF
/
PAB
This comparison is based on abundant and consistent data. It is based on 2,999 prices entered by 431 different people.
Cost of living in Panama is 49% cheaper than in Switzerland
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