Cost of Living Comparison Between Yerevan and Panama City 
| Indices Difference |  |
|---|---|
| Consumer Prices in Panama City are 12.4% higher than in Yerevan (without rent) | |
| Consumer Prices Including Rent in Panama City are 12.5% higher than in Yerevan | |
| Rent Prices in Panama City are 12.8% higher than in Yerevan | |
| Restaurant Prices in Panama City are 16.6% higher than in Yerevan | |
| Groceries Prices in Panama City are 33.7% higher than in Yerevan | |
| Local Purchasing Power in Panama City is 27.4% higher than in Yerevan | |
Restaurants | Yerevan Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,900.00 AMD (10.12 $) |
4,623.27 AMD (12.00 $) |
+18.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
20,000.00 AMD (51.91 $) |
23,116.34 AMD (60.00 $) |
+15.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 AMD (7.79 $) |
3,178.50 AMD (8.25 $) |
+5.9 % |
| Domestic Beer (1 pint draught) |
800.00 AMD (2.08 $) |
963.18 AMD (2.50 $) |
+20.4 % |
| Imported Beer (12 oz small bottle) |
1,200.00 AMD (3.11 $) |
1,541.09 AMD (4.00 $) |
+28.4 % |
| Cappuccino (regular) |
1,350.83 AMD (3.51 $) |
1,427.41 AMD (3.70 $) |
+5.7 % |
| Coke/Pepsi (12 oz small bottle) |
393.01 AMD (1.02 $) |
677.03 AMD (1.76 $) |
+72.3 % |
| Water (12 oz small bottle) |
232.11 AMD (0.60 $) |
514.06 AMD (1.33 $) |
+121.5 % |
Markets | Yerevan Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) |
2,253.67 AMD (5.85 $) |
2,566.15 AMD (6.66 $) |
+13.9 % |
| Loaf of Fresh White Bread (1 lb) |
269.40 AMD (0.70 $) |
850.61 AMD (2.21 $) |
+215.7 % |
| Rice (white), (1 lb) |
411.01 AMD (1.07 $) |
366.99 AMD (0.95 $) |
-10.7 % |
| Eggs (regular) (12) |
885.49 AMD (2.30 $) |
980.17 AMD (2.54 $) |
+10.7 % |
| Local Cheese (1 lb) |
1,444.07 AMD (3.75 $) |
1,900.58 AMD (4.93 $) |
+31.6 % |
| Chicken Fillets (1 lb) |
1,266.66 AMD (3.29 $) |
1,305.43 AMD (3.39 $) |
+3.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,069.01 AMD (5.37 $) |
1,565.96 AMD (4.06 $) |
-24.3 % |
| Apples (1 lb) |
202.68 AMD (0.53 $) |
539.70 AMD (1.40 $) |
+166.3 % |
| Banana (1 lb) |
314.71 AMD (0.82 $) |
240.34 AMD (0.62 $) |
-23.6 % |
| Oranges (1 lb) |
299.76 AMD (0.78 $) |
498.96 AMD (1.30 $) |
+66.5 % |
| Tomato (1 lb) |
345.49 AMD (0.90 $) |
541.38 AMD (1.41 $) |
+56.7 % |
| Potato (1 lb) |
116.80 AMD (0.30 $) |
362.34 AMD (0.94 $) |
+210.2 % |
| Onion (1 lb) |
116.36 AMD (0.30 $) |
375.61 AMD (0.97 $) |
+222.8 % |
| Lettuce (1 head) |
335.74 AMD (0.87 $) |
838.99 AMD (2.18 $) |
+149.9 % |
| Water (1.5 liter bottle) |
270.29 AMD (0.70 $) |
552.98 AMD (1.44 $) |
+104.6 % |
| Bottle of Wine (Mid-Range) |
4,000.00 AMD (10.38 $) |
3,467.45 AMD (9.00 $) |
-13.3 % |
| Domestic Beer (0.5 liter bottle) |
509.52 AMD (1.32 $) |
460.54 AMD (1.20 $) |
-9.6 % |
| Imported Beer (12 oz small bottle) |
828.26 AMD (2.15 $) |
715.32 AMD (1.86 $) |
-13.6 % |
| Cigarettes 20 Pack (Marlboro) |
1,000.00 AMD (2.60 $) |
2,215.32 AMD (5.75 $) |
+121.5 % |
Transportation | Yerevan Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) |
100.00 AMD (0.26 $) |
134.85 AMD (0.35 $) |
+34.8 % |
| Monthly Pass (Regular Price) |
4,000.00 AMD (10.38 $) |
9,631.81 AMD (25.00 $) |
+140.8 % |
| Taxi Start (Normal Tariff) |
700.00 AMD (1.82 $) |
770.54 AMD (2.00 $) |
+10.1 % |
| Taxi 1 mile (Normal Tariff) |
193.12 AMD (0.50 $) |
930.05 AMD (2.41 $) |
+381.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
1,650.00 AMD (4.28 $) |
7,705.45 AMD (20.00 $) |
+367.0 % |
| Gasoline (1 gallon) |
1,984.29 AMD (5.15 $) |
1,423.40 AMD (3.69 $) |
-28.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
12,000,000.00 AMD (31,146.80 $) |
8,572,309.34 AMD (22,250.00 $) |
-28.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
13,439,810.77 AMD (34,883.92 $) |
7,895,942.36 AMD (20,494.44 $) |
-41.2 % |
Utilities (Monthly) | Yerevan Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
44,960.56 AMD (116.70 $) |
43,399.75 AMD (112.65 $) |
-3.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,572.64 AMD (9.27 $) |
11,301.32 AMD (29.33 $) |
+216.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
8,563.81 AMD (22.23 $) |
19,964.81 AMD (51.82 $) |
+133.1 % |
Sports And Leisure | Yerevan Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
32,140.81 AMD (83.42 $) |
15,770.48 AMD (40.93 $) |
-50.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
8,796.51 AMD (22.83 $) |
9,631.81 AMD (25.00 $) |
+9.5 % |
| Cinema, International Release, 1 Seat |
3,000.00 AMD (7.79 $) |
2,696.91 AMD (7.00 $) |
-10.1 % |
Childcare | Yerevan Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
119,347.83 AMD (309.78 $) |
157,239.27 AMD (408.12 $) |
+31.7 % |
| International Primary School, Yearly for 1 Child |
3,211,437.90 AMD (8,335.50 $) |
3,727,798.75 AMD (9,675.75 $) |
+16.1 % |
Clothing And Shoes | Yerevan Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
36,028.34 AMD (93.51 $) |
20,780.63 AMD (53.94 $) |
-42.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
23,940.08 AMD (62.14 $) |
15,713.61 AMD (40.79 $) |
-34.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
51,382.27 AMD (133.37 $) |
31,815.38 AMD (82.58 $) |
-38.1 % |
| 1 Pair of Men Leather Business Shoes |
45,913.04 AMD (119.17 $) |
35,775.29 AMD (92.86 $) |
-22.1 % |
Rent Per Month | Yerevan Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre |
373,972.00 AMD (970.67 $) |
356,727.15 AMD (925.91 $) |
-4.6 % |
| Apartment (1 bedroom) Outside of Centre |
247,559.56 AMD (642.56 $) |
230,628.30 AMD (598.61 $) |
-6.8 % |
| Apartment (3 bedrooms) in City Centre |
623,549.95 AMD (1,618.47 $) |
789,037.73 AMD (2,048.00 $) |
+26.5 % |
| Apartment (3 bedrooms) Outside of Centre |
383,467.83 AMD (995.32 $) |
460,060.49 AMD (1,194.12 $) |
+20.0 % |
Buy Apartment Price | Yerevan Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
118,909.89 AMD (308.64 $) |
88,075.54 AMD (228.61 $) |
-25.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
54,423.95 AMD (141.26 $) |
52,155.04 AMD (135.37 $) |
-4.2 % |
Salaries And Financing | Yerevan Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) |
231,719.60 AMD (601.44 $) |
332,043.92 AMD (861.84 $) |
+43.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.67 | 6.07 | -58.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 231 | 87 |
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