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Cost of Living in Panama

Prices in Panama

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IndexInfo
Consumer Price Index (Excl.Rent): 56.37
Rent Index: 30.31
Groceries Index: 61.87
Restaurants Index: 39.59
Consumer Price Plus Rent Index: 43.47
Local Purchasing Power: 45.42

Currency: Default Currency      Switch to US measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 5.00 $
3.00
8.50
Meal for 2, Mid-range Restaurant, Three-course 27.68 $
20.00
50.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.50 $
5.00
6.00
Domestic Beer (0.5 liter draught) 1.00 $
1.00
2.50
Imported Beer (0.33 liter bottle) 3.00 $
2.00
4.00
Cappuccino (regular) 2.10 $
1.50
3.00
Coke/Pepsi (0.33 liter bottle) 1.07 $
1.00
1.50
Water (0.33 liter bottle) 0.98 $
0.75
1.10
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.39 $
1.20
1.70
Loaf of Fresh White Bread (500g) 2.08 $
1.80
2.50
Rice (white), (1kg) 1.45 $
0.88
2.00
Eggs (12) 2.18 $
1.95
2.50
Local Cheese (1kg) 7.91 $
6.00
9.92
Chicken Breasts (Boneless, Skinless), (1kg) 7.38 $
6.00
8.11
Apples (1kg) 3.50 $
2.09
5.00
Oranges (1kg) 1.29 $
1.00
1.50
Tomato (1kg) 2.67 $
2.00
3.70
Potato (1kg) 1.76 $
1.10
2.25
Lettuce (1 head) 1.24 $
1.00
1.75
Water (1.5 liter bottle) 1.38 $
1.05
1.90
Bottle of Wine (Mid-Range) 10.00 $
6.00
14.00
Domestic Beer (0.5 liter bottle) 0.71 $
0.56
0.85
Imported Beer (0.33 liter bottle) 1.29 $
1.00
1.50
Pack of Cigarettes (Marlboro) 4.50 $
4.40
5.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 0.25 $
0.25
0.70
Monthly Pass (Regular Price) 21.00 $
20.00
25.50
Taxi Start (Normal Tariff) 1.88 $
1.25
2.00
Taxi 1km (Normal Tariff) 1.25 $
1.00
1.50
Taxi 1hour Waiting (Normal Tariff) 25.00 $
25.00
25.00
Gasoline (1 liter) 1.01 $
0.95
1.05
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,500.00 $
18,000.00
20,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 71.35 $
32.00
120.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.13 $
0.10
0.20
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 41.61 $
35.00
54.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 70.86 $
50.00
80.00
Tennis Court Rent (1 Hour on Weekend) 10.12 $
10.00
10.50
Cinema, International Release, 1 Seat 5.00 $
3.90
6.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 50.50 $
40.00
60.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 25.00 $
20.00
30.00
1 Pair of Nike Shoes 83.00 $
70.00
95.00
1 Pair of Men Leather Shoes 70.00 $
50.00
80.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 1,027.27 $
750.00
1,300.00
Apartment (1 bedroom) Outside of Centre 517.50 $
400.00
600.00
Apartment (3 bedrooms) in City Centre 1,590.91 $
1,200.00
2,050.00
Apartment (3 bedrooms) Outside of Centre 910.00 $
600.00
1,200.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,933.33 $
1,700.00
2,100.00
Price per Square Meter to Buy Apartment Outside of Centre 1,612.50 $
1,350.00
1,800.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 807.22 $
650.00
900.00
Mortgage Interest Rate in Percentages (%), Yearly 5.42
5.00
6.00

These data are based on 944 entries in the past 18 months from 102 different contributors.

Last update: January, 2015

Our data for each country are based on all entries from all cities in that country.

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Cost of Living in this country for some cities: Panama City

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