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Cost of Living in Panama

Prices in Panama

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IndexInfo
Consumer Price Index (Excl.Rent): 55.92
Rent Index: 31.88
Groceries Index: 61.41
Restaurants Index: 41.62
Consumer Price Plus Rent Index: 44.17
Local Purchasing Power: 41.48

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 32.50 $
20.00
60.00
Combo Meal at McDonalds or Similar 5.10 $
5.00
6.00
Domestic Beer (0.5 liter draught) 1.25 $
1.00
3.00
Imported Beer (0.33 liter bottle) 3.00 $
2.00
4.00
Cappuccino (regular) 2.07 $
1.50
3.00
Coke/Pepsi (0.33 liter bottle) 1.14 $
1.00
1.50
Water (0.33 liter bottle) 1.02 $
0.95
1.25
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.40 $
1.20
1.60
Loaf of Fresh White Bread (500g) 1.91 $
1.50
2.50
Rice (white), (1kg) 1.75 $
1.00
3.00
Eggs (12) 2.23 $
1.95
2.55
Local Cheese (1kg) 7.51 $
6.00
9.92
Chicken Breasts (Boneless, Skinless), (1kg) 7.21 $
6.00
8.11
Apples (1kg) 3.08 $
2.09
4.00
Oranges (1kg) 1.58 $
1.00
2.74
Tomato (1kg) 2.72 $
1.67
3.70
Potato (1kg) 1.67 $
1.10
2.20
Lettuce (1 head) 1.13 $
1.00
1.50
Water (1.5 liter bottle) 1.37 $
1.05
1.90
Bottle of Wine (Mid-Range) 9.00 $
6.00
12.00
Domestic Beer (0.5 liter bottle) 0.73 $
0.60
0.85
Imported Beer (0.33 liter bottle) 1.25 $
1.00
1.50
Pack of Cigarettes (Marlboro) 4.50 $
4.50
5.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 0.25 $
0.25
0.35
Monthly Pass (Regular Price) 20.50 $
20.00
21.00
Taxi Start (Normal Tariff) 1.75 $
1.25
2.00
Taxi 1km (Normal Tariff) 1.25 $
1.00
2.00
Taxi 1hour Waiting (Normal Tariff) 25.00 $
20.00
50.00
Gasoline (1 liter) 1.07 $
1.00
1.13
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,000.00 $
15,000.00
21,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 69.59 $
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) 40.46 $
30.00
54.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 67.50 $
50.00
80.00
Tennis Court Rent (1 Hour on Weekend) 9.40 $
5.00
12.00
Cinema, International Release, 1 Seat 5.00 $
4.50
6.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 48.12 $
40.00
60.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 24.17 $
20.00
30.00
1 Pair of Nike Shoes 77.78 $
60.00
90.00
1 Pair of Men Leather Shoes 69.16 $
50.00
80.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 1,000.00 $
700.00
1,400.00
Apartment (1 bedroom) Outside of Centre 506.25 $
450.00
600.00
Apartment (3 bedrooms) in City Centre 1,800.00 $
1,200.00
2,500.00
Apartment (3 bedrooms) Outside of Centre 935.00 $
500.00
1,300.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,900.00 $
1,700.00
2,100.00
Price per Square Meter to Buy Apartment Outside of Centre 1,580.00 $
1,350.00
1,800.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 785.71 $
600.00
900.00
Mortgage Interest Rate in Percentages (%), Yearly 5.54
5.00
6.00

These data are based on 972 entries in the past 18 months from 105 different contributors.

Last update: December, 2014

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

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More about Panama: Cost of Living | Crime | Food Prices | Gas Prices | Health Care | Hotel Prices | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

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

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