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Cost of Living in Panama

Prices in Panama

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IndexInfo
Consumer Price Index (Excl.Rent): 53.74
Rent Index: 30.94
Groceries Index: 60.39
Restaurants Index: 40.09
Consumer Price Plus Rent Index: 42.62
Local Purchasing Power: 43.70

Currency: Default Currency      Switch to imperial measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 5.00 $
3.50
8.00
Meal for 2, Mid-range Restaurant, Three-course 30.00 $
20.00
50.00
Combo Meal at McDonalds or Similar 5.05 $
5.00
6.00
Domestic Beer (0.5 liter draught) 1.50 $
1.00
2.50
Imported Beer (0.33 liter bottle) 3.00 $
2.00
4.00
Cappuccino (regular) 1.92 $
1.50
2.50
Coke/Pepsi (0.33 liter bottle) 1.14 $
1.00
1.50
Water (0.33 liter bottle) 1.01 $
1.00
1.20
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.40 $
1.20
1.60
Loaf of Fresh White Bread (500g) 1.71 $
1.40
2.00
Rice (white), (1kg) 1.86 $
1.00
3.00
Eggs (12) 2.25 $
1.99
2.55
Local Cheese (1kg) 7.16 $
6.00
9.92
Chicken Breasts (Boneless, Skinless), (1kg) 7.18 $
6.00
8.05
Apples (1kg) 3.15 $
2.50
4.00
Oranges (1kg) 1.23 $
1.00
1.50
Tomato (1kg) 2.76 $
2.00
3.70
Potato (1kg) 1.71 $
1.10
2.20
Lettuce (1 head) 1.09 $
1.00
1.30
Water (1.5 liter bottle) 1.26 $
1.00
1.50
Bottle of Wine (Mid-Range) 7.50 $
5.00
10.00
Domestic Beer (0.5 liter bottle) 0.72 $
0.56
0.85
Imported Beer (0.33 liter bottle) 1.17 $
0.85
1.50
Pack of Cigarettes (Marlboro) 4.50 $
4.00
4.85
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 0.35 $
0.25
0.80
Monthly Pass (Regular Price) 20.00 $
15.00
21.00
Taxi Start (Normal Tariff) 1.62 $
1.00
2.00
Taxi 1km (Normal Tariff) 1.12 $
1.00
1.50
Taxi 1hour Waiting (Normal Tariff) 25.00 $
20.00
50.00
Gasoline (1 liter) 1.08 $
1.01
1.14
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 18,000.00 $
13,000.00
21,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 70.67 $
40.00
120.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $
0.10
0.12
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 38.66 $
30.00
45.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 60.56 $
50.00
80.00
Tennis Court Rent (1 Hour on Weekend) 8.40 $
5.00
12.00
Cinema, International Release, 1 Seat 5.00 $
4.00
6.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 54.16 $
40.00
70.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 22.80 $
19.00
25.00
1 Pair of Nike Shoes 77.14 $
60.00
90.00
1 Pair of Men Leather Shoes 65.00 $
40.00
80.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 1,012.50 $
800.00
1,200.00
Apartment (1 bedroom) Outside of Centre 487.50 $
350.00
600.00
Apartment (3 bedrooms) in City Centre 1,750.00 $
1,200.00
2,500.00
Apartment (3 bedrooms) Outside of Centre 856.25 $
500.00
1,200.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,800.00 $
1,700.00
2,000.00
Price per Square Meter to Buy Apartment Outside of Centre 1,245.00 $
600.00
1,600.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 800.94 $
558.48
1,000.00
Mortgage Interest Rate in Percentages (%), Yearly 5.75
5.25
6.00

These data are based on 897 entries in the past 18 months from 97 different contributors.

Last update: October, 2014

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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