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Cost of Living in Panama

Prices in Panama

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IndexInfo
Consumer Price Index (Excl.Rent): 54.01
Rent Index: 31.21
Groceries Index: 61.21
Restaurants Index: 40.30
Consumer Price Plus Rent Index: 42.94
Local Purchasing Power: 42.68

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
55.00
Combo Meal at McDonalds or Similar 5.02 $
5.00
6.00
Domestic Beer (0.5 liter draught) 1.75 $
1.00
2.50
Imported Beer (0.33 liter bottle) 3.00 $
2.00
4.00
Cappuccino (regular) 1.90 $
1.50
2.50
Coke/Pepsi (0.33 liter bottle) 1.16 $
1.00
1.50
Water (0.33 liter bottle) 1.02 $
1.00
1.25
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.37 $
1.20
1.50
Loaf of Fresh White Bread (500g) 1.61 $
1.35
2.00
Rice (white), (1kg) 1.96 $
1.00
3.00
Eggs (12) 2.22 $
1.99
2.50
Local Cheese (1kg) 7.14 $
5.80
9.92
Chicken Breasts (Boneless, Skinless), (1kg) 7.18 $
6.00
8.05
Apples (1kg) 3.14 $
2.09
5.00
Oranges (1kg) 1.23 $
1.00
1.50
Tomato (1kg) 2.64 $
2.00
3.49
Potato (1kg) 1.64 $
1.10
2.00
Lettuce (1 head) 1.09 $
1.00
1.30
Water (1.5 liter bottle) 1.22 $
1.00
1.50
Bottle of Wine (Mid-Range) 7.00 $
5.00
10.00
Domestic Beer (0.5 liter bottle) 0.75 $
0.60
0.90
Imported Beer (0.33 liter bottle) 1.17 $
0.85
1.50
Pack of Cigarettes (Marlboro) 4.50 $
4.00
4.50
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 0.35 $
0.25
0.80
Monthly Pass (Regular Price) 18.00 $
15.00
21.00
Taxi Start (Normal Tariff) 1.50 $
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 71.36 $
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) 38.92 $
30.00
54.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 58.75 $
50.00
80.00
Tennis Court Rent (1 Hour on Weekend) 7.50 $
5.00
10.00
Cinema, International Release, 1 Seat 5.00 $
3.90
6.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 52.14 $
40.00
70.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 22.25 $
19.00
25.00
1 Pair of Nike Shoes 75.00 $
60.00
85.00
1 Pair of Men Leather Shoes 65.00 $
40.00
80.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 1,011.11 $
800.00
1,400.00
Apartment (1 bedroom) Outside of Centre 471.43 $
350.00
500.00
Apartment (3 bedrooms) in City Centre 1,744.44 $
900.00
2,500.00
Apartment (3 bedrooms) Outside of Centre 805.56 $
400.00
1,200.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,700.00 $
1,000.00
2,000.00
Price per Square Meter to Buy Apartment Outside of Centre 1,206.25 $
600.00
1,600.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 788.56 $
558.48
1,000.00
Mortgage Interest Rate in Percentages (%), Yearly 5.75
5.25
6.00

These data are based on 875 entries in the past 18 months from 98 different contributors.

Last update: September, 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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