Cost of Living Comparison Between Panama City and Managua 

Indices DifferenceInfo
Not enough data to calculate difference in Consumer Prices
Not enough data to calculate difference in Consumer Prices Including Rent
Rent Prices in Managua are 63.4% lower than in Panama City
Restaurant Prices in Managua are 49.7% lower than in Panama City
Groceries Prices in Managua are 17.3% lower than in Panama City
Not enough data to calculate difference in Local Purchasing Power
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Panama City Edit Managua Edit Difference
Meal, Inexpensive Restaurant 11.75 $ 4.91 $      -58.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $ 29.18 $      -51.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.25 $ 6.00 $      -27.3 %
Domestic Beer (1 pint draught) 3.00 $ 1.57 $      -47.8 %
Imported Beer (12 oz small bottle) 4.00 $ 2.60 $      -35.0 %
Cappuccino (regular) 3.72 $ 2.17 $      -41.6 %
Coke/Pepsi (12 oz small bottle) 1.81 $ 0.75 $      -58.4 %
Water (12 oz small bottle) 1.33 $ 0.90 $      -32.9 %
Markets
Panama City Edit Managua Edit
Milk (regular), (1 gallon) 6.58 $ 4.05 $      -38.4 %
Loaf of Fresh White Bread (1 lb) 2.21 $ 1.51 $      -31.4 %
Rice (white), (1 lb) 0.93 $ 0.73 $      -21.2 %
Eggs (regular) (12) 2.52 $ 1.99 $      -20.9 %
Local Cheese (1 lb) 4.93 $ 2.14 $      -56.7 %
Chicken Fillets (1 lb) 3.39 $ 2.29 $      -32.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.06 $ 4.06 $      -0.0 %
Apples (1 lb) 1.36 $ 2.19 $      +61.0 %
Banana (1 lb) 0.65 $ 0.72 $      +12.3 %
Oranges (1 lb) 1.30 $ 1.34 $      +3.3 %
Tomato (1 lb) 1.43 $ 0.69 $      -51.4 %
Potato (1 lb) 0.94 $ 1.38 $      +46.5 %
Onion (1 lb) 0.96 $ 0.71 $      -25.6 %
Lettuce (1 head) 2.18 $ 0.88 $      -59.7 %
Water (1.5 liter bottle) 1.44 $ 0.93 $      -35.4 %
Bottle of Wine (Mid-Range) 8.50 $ 10.45 $      +23.0 %
Domestic Beer (0.5 liter bottle) 1.23 $ 1.28 $      +4.1 %
Imported Beer (12 oz small bottle) 1.93 $ 2.17 $      +12.5 %
Cigarettes 20 Pack (Marlboro) 6.00 $ 2.73 $      -54.5 %
Transportation
Panama City Edit Managua Edit
One-way Ticket (Local Transport) 0.35 $ 0.19 $      -44.4 %
Monthly Pass (Regular Price) 25.00 $ 7.24 $      -71.0 %
Taxi Start (Normal Tariff) 2.25 $ 2.00 $      -11.1 %
Taxi 1 mile (Normal Tariff) 2.41 $ 0.87 $      -63.9 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $ 10.00 $      -50.0 %
Gasoline (1 gallon) 3.71 $ 5.07 $      +36.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,250.00 $ 20,000.00 $      -10.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,494.44 $ 25,000.00 $      +22.0 %
Utilities (Monthly)
Panama City Edit Managua Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 113.79 $ 99.09 $      -12.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.33 $ 16.99 $      -42.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 51.09 $ 75.62 $      +48.0 %
Sports And Leisure
Panama City Edit Managua Edit
Fitness Club, Monthly Fee for 1 Adult 41.50 $ 53.52 $      +29.0 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $ ?     
Cinema, International Release, 1 Seat 7.00 $ 7.00 $      0.0 %
Childcare
Panama City Edit Managua Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 408.12 $ 125.56 $      -69.2 %
International Primary School, Yearly for 1 Child 9,675.75 $ 4,900.00 $      -49.4 %
Clothing And Shoes
Panama City Edit Managua Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.94 $ 65.00 $      +20.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.79 $ 56.67 $      +38.9 %
1 Pair of Nike Running Shoes (Mid-Range) 82.58 $ 146.67 $      +77.6 %
1 Pair of Men Leather Business Shoes 92.86 $ 125.00 $      +34.6 %
Rent Per Month
Panama City Edit Managua Edit
Apartment (1 bedroom) in City Centre 938.33 $ 325.00 $      -65.4 %
Apartment (1 bedroom) Outside of Centre 614.47 $ 250.00 $      -59.3 %
Apartment (3 bedrooms) in City Centre 1,953.85 $ 766.67 $      -60.8 %
Apartment (3 bedrooms) Outside of Centre 1,183.33 $ 375.00 $      -68.3 %
Buy Apartment Price
Panama City Edit Managua Edit
Price per Square Feet to Buy Apartment in City Centre 228.61 $ 67.51 $      -70.5 %
Price per Square Feet to Buy Apartment Outside of Centre 135.37 $ 60.90 $      -55.0 %
Salaries And Financing
Panama City Edit Managua Edit
Average Monthly Net Salary (After Tax) 861.84 $ 335.91 $      -61.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 13.00      +114.1 %
Last update: April 2024February 2024
Contributors in the past 12 months:8610