Cost of Living Comparison Between Veracruz and Panama City 

Indices DifferenceInfo
Not enough data to calculate difference in Consumer Prices
Not enough data to calculate difference in Consumer Prices Including Rent
Not enough data to calculate difference in Rent Prices
Restaurant Prices in Panama City are 56.89% higher than in Veracruz
Not enough data to calculate difference in Groceries Prices
Not enough data to calculate difference in Local Purchasing Power
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Veracruz Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 4.50 $ 10.00 $      +122.22 %
Meal for 2 People, Mid-range Restaurant, Three-course 32.00 $ 50.00 $      +56.25 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $ 7.00 $      +7.69 %
Domestic Beer (1 pint draught) 1.50 $ 2.50 $      +66.67 %
Imported Beer (12 oz small bottle) 2.50 $ 4.00 $      +60.00 %
Cappuccino (regular) 2.94 $ 3.10 $      +5.25 %
Coke/Pepsi (12 oz small bottle) 1.23 $ 1.44 $      +16.76 %
Water (12 oz small bottle) 1.00 $ 1.15 $      +15.35 %
Markets
Veracruz Edit Panama City Edit
Milk (regular), (1 gallon) 5.68 $ 5.73 $      +0.83 %
Loaf of Fresh White Bread (1 lb) 1.81 $ 1.66 $      -8.54 %
Rice (white), (1 lb) ? 1.01 $     
Eggs (regular) (12) 1.80 $ 2.14 $      +18.86 %
Local Cheese (1 lb) 5.44 $ 4.59 $      -15.59 %
Chicken Fillets (1 lb) 2.04 $ 3.53 $      +73.12 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.08 $ 5.01 $      +22.67 %
Apples (1 lb) 1.13 $ 1.65 $      +45.35 %
Banana (1 lb) 0.87 $ 0.77 $      -12.13 %
Oranges (1 lb) 1.36 $ 1.14 $      -16.35 %
Tomato (1 lb) 1.59 $ 1.29 $      -18.77 %
Potato (1 lb) 0.91 $ 1.03 $      +13.80 %
Onion (1 lb) 0.91 $ 1.02 $      +12.54 %
Lettuce (1 head) 1.00 $ 2.05 $      +105.08 %
Water (1.5 liter bottle) 1.20 $ 1.48 $      +23.04 %
Bottle of Wine (Mid-Range) 7.00 $ 10.00 $      +42.86 %
Domestic Beer (0.5 liter bottle) 1.00 $ 1.01 $      +0.93 %
Imported Beer (12 oz small bottle) 1.25 $ 1.90 $      +52.00 %
Cigarettes 20 Pack (Marlboro) 5.00 $ 6.00 $      +20.00 %
Transportation
Veracruz Edit Panama City Edit
One-way Ticket (Local Transport) ? 0.35 $     
Monthly Pass (Regular Price) ? 22.50 $     
Taxi Start (Normal Tariff) 1.75 $ 2.50 $      +42.86 %
Taxi 1 mile (Normal Tariff) 1.89 $ 3.22 $      +69.96 %
Taxi 1hour Waiting (Normal Tariff) ? 17.50 $     
Gasoline (1 gallon) 3.86 $ 2.87 $      -25.57 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 17,000.00 $ 20,000.00 $      +17.65 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 16,500.00 $ 20,874.17 $      +26.51 %
Utilities (Monthly)
Veracruz Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 77.50 $ 102.35 $      +32.06 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) ? 0.14 $     
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 47.50 $ 45.24 $      -4.76 %
Sports And Leisure
Veracruz Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult ? 49.38 $     
Tennis Court Rent (1 Hour on Weekend) ? 27.86 $     
Cinema, International Release, 1 Seat 6.00 $ 6.50 $      +8.33 %
Childcare
Veracruz Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child ? 352.14 $     
International Primary School, Yearly for 1 Child ? 11,831.38 $     
Clothing And Shoes
Veracruz Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 28.00 $ 50.80 $      +81.43 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 $ 37.38 $      +24.60 %
1 Pair of Nike Running Shoes (Mid-Range) 45.00 $ 74.77 $      +66.16 %
1 Pair of Men Leather Business Shoes 60.00 $ 95.00 $      +58.33 %
Rent Per Month
Veracruz Edit Panama City Edit
Apartment (1 bedroom) in City Centre ? 854.55 $     
Apartment (1 bedroom) Outside of Centre ? 550.00 $     
Apartment (3 bedrooms) in City Centre ? 1,613.46 $     
Apartment (3 bedrooms) Outside of Centre ? 1,047.73 $     
Buy Apartment Price
Veracruz Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre ? 202.25 $     
Price per Square Feet to Buy Apartment Outside of Centre ? 134.97 $     
Salaries And Financing
Veracruz Edit Panama City Edit
Average Monthly Net Salary (After Tax) ? 804.79 $     
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.00 5.47      -31.67 %
Last update: June 2021June 2021
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