Cost of Living Comparison Between Yerevan and Panama City 
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| Indices Difference |  |
|---|---|
| Cost of Living in Panama City is 13.9% higher than in Yerevan (without rent) | |
| Cost of Living Including Rent in Panama City is 14.0% higher than in Yerevan | |
| Rent Prices in Panama City are 14.1% higher than in Yerevan | |
| Restaurant Prices in Panama City are 16.1% higher than in Yerevan | |
| Groceries Prices in Panama City are 37.1% higher than in Yerevan | |
| Local Purchasing Power in Panama City is 26.8% higher than in Yerevan | |
Restaurants | Yerevan Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,900.00 AMD (10.08 $) |
4,545.92 AMD (11.75 $) |
+16.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
20,000.00 AMD (51.69 $) |
23,213.23 AMD (60.00 $) |
+16.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 AMD (7.75 $) |
3,095.10 AMD (8.00 $) |
+3.2 % |
| Domestic Beer (1 pint draught) |
800.00 AMD (2.07 $) |
1,160.66 AMD (3.00 $) |
+45.1 % |
| Imported Beer (12 oz small bottle) |
1,200.00 AMD (3.10 $) |
1,547.55 AMD (4.00 $) |
+29.0 % |
| Cappuccino (regular) |
1,381.11 AMD (3.57 $) |
1,425.65 AMD (3.68 $) |
+3.2 % |
| Coke/Pepsi (12 oz small bottle) |
383.03 AMD (0.99 $) |
683.48 AMD (1.77 $) |
+78.4 % |
| Water (12 oz small bottle) |
237.82 AMD (0.61 $) |
513.65 AMD (1.33 $) |
+116.0 % |
Markets | Yerevan Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) |
2,308.23 AMD (5.97 $) |
2,609.65 AMD (6.75 $) |
+13.1 % |
| Loaf of Fresh White Bread (1 lb) |
263.90 AMD (0.68 $) |
874.15 AMD (2.26 $) |
+231.2 % |
| Rice (white), (1 lb) |
414.13 AMD (1.07 $) |
375.11 AMD (0.97 $) |
-9.4 % |
| Eggs (regular) (12) |
891.52 AMD (2.30 $) |
1,012.87 AMD (2.62 $) |
+13.6 % |
| Local Cheese (1 lb) |
1,482.11 AMD (3.83 $) |
2,037.40 AMD (5.27 $) |
+37.5 % |
| Chicken Fillets (1 lb) |
1,259.09 AMD (3.25 $) |
1,336.98 AMD (3.46 $) |
+6.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,072.14 AMD (5.36 $) |
1,634.10 AMD (4.22 $) |
-21.1 % |
| Apples (1 lb) |
201.17 AMD (0.52 $) |
535.39 AMD (1.38 $) |
+166.1 % |
| Banana (1 lb) |
311.32 AMD (0.80 $) |
262.00 AMD (0.68 $) |
-15.8 % |
| Oranges (1 lb) |
296.49 AMD (0.77 $) |
478.33 AMD (1.24 $) |
+61.3 % |
| Tomato (1 lb) |
340.19 AMD (0.88 $) |
539.59 AMD (1.39 $) |
+58.6 % |
| Potato (1 lb) |
116.27 AMD (0.30 $) |
365.27 AMD (0.94 $) |
+214.2 % |
| Onion (1 lb) |
117.03 AMD (0.30 $) |
382.44 AMD (0.99 $) |
+226.8 % |
| Lettuce (1 head) |
335.54 AMD (0.87 $) |
802.79 AMD (2.08 $) |
+139.3 % |
| Water (1.5 liter bottle) |
264.38 AMD (0.68 $) |
585.17 AMD (1.51 $) |
+121.3 % |
| Bottle of Wine (Mid-Range) |
3,750.00 AMD (9.69 $) |
3,481.99 AMD (9.00 $) |
-7.1 % |
| Domestic Beer (0.5 liter bottle) |
502.33 AMD (1.30 $) |
466.78 AMD (1.21 $) |
-7.1 % |
| Imported Beer (12 oz small bottle) |
840.00 AMD (2.17 $) |
752.94 AMD (1.95 $) |
-10.4 % |
| Cigarettes 20 Pack (Marlboro) |
1,000.00 AMD (2.58 $) |
2,272.96 AMD (5.88 $) |
+127.3 % |
Transportation | Yerevan Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) |
100.00 AMD (0.26 $) |
135.41 AMD (0.35 $) |
+35.4 % |
| Monthly Pass (Regular Price) |
4,000.00 AMD (10.34 $) |
9,672.18 AMD (25.00 $) |
+141.8 % |
| Taxi Start (Normal Tariff) |
700.00 AMD (1.81 $) |
870.50 AMD (2.25 $) |
+24.4 % |
| Taxi 1 mile (Normal Tariff) |
193.12 AMD (0.50 $) |
1,011.78 AMD (2.62 $) |
+423.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
1,650.00 AMD (4.26 $) |
8,124.63 AMD (21.00 $) |
+392.4 % |
| Gasoline (1 gallon) |
2,013.84 AMD (5.21 $) |
1,426.18 AMD (3.69 $) |
-29.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
12,000,000.00 AMD (31,016.79 $) |
8,608,240.78 AMD (22,250.00 $) |
-28.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
13,439,810.77 AMD (34,738.32 $) |
7,929,038.76 AMD (20,494.44 $) |
-41.0 % |
Utilities (Monthly) | Yerevan Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
44,579.50 AMD (115.23 $) |
46,719.38 AMD (120.76 $) |
+4.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,635.76 AMD (9.40 $) |
11,364.81 AMD (29.38 $) |
+212.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
8,576.51 AMD (22.17 $) |
19,997.23 AMD (51.69 $) |
+133.2 % |
Sports And Leisure | Yerevan Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
34,054.44 AMD (88.02 $) |
16,603.91 AMD (42.92 $) |
-51.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
9,133.88 AMD (23.61 $) |
8,704.96 AMD (22.50 $) |
-4.7 % |
| Cinema, International Release, 1 Seat |
2,500.00 AMD (6.46 $) |
2,708.21 AMD (7.00 $) |
+8.3 % |
Childcare | Yerevan Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
125,952.38 AMD (325.55 $) |
160,316.39 AMD (414.38 $) |
+27.3 % |
| International Primary School, Yearly for 1 Child |
3,724,305.48 AMD (9,626.33 $) |
3,504,424.49 AMD (9,058.00 $) |
-5.9 % |
Clothing And Shoes | Yerevan Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
36,152.84 AMD (93.45 $) |
20,772.87 AMD (53.69 $) |
-42.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
24,550.04 AMD (63.46 $) |
15,636.69 AMD (40.42 $) |
-36.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
52,078.27 AMD (134.61 $) |
33,344.84 AMD (86.19 $) |
-36.0 % |
| 1 Pair of Men Leather Business Shoes |
45,363.64 AMD (117.25 $) |
40,974.87 AMD (105.91 $) |
-9.7 % |
Rent Per Month | Yerevan Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre |
372,948.41 AMD (963.97 $) |
363,305.53 AMD (939.05 $) |
-2.6 % |
| Apartment (1 bedroom) Outside of Centre |
250,074.38 AMD (646.38 $) |
236,115.00 AMD (610.29 $) |
-5.6 % |
| Apartment (3 bedrooms) in City Centre |
615,531.98 AMD (1,590.99 $) |
760,317.51 AMD (1,965.22 $) |
+23.5 % |
| Apartment (3 bedrooms) Outside of Centre |
378,672.38 AMD (978.77 $) |
486,188.28 AMD (1,256.67 $) |
+28.4 % |
Buy Apartment Price | Yerevan Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
123,025.94 AMD (317.99 $) |
91,204.60 AMD (235.74 $) |
-25.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
56,000.91 AMD (144.75 $) |
55,112.14 AMD (142.45 $) |
-1.6 % |
Salaries And Financing | Yerevan Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) |
237,291.25 AMD (613.33 $) |
343,077.94 AMD (886.76 $) |
+44.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.71 | 6.02 | -59.1 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 223 | 90 |
Moving to Yerevan? Explore:
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