Cost of Living Comparison Between Honduras and Panama 
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| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 26.7% higher than in Honduras (excluding rent) | |
| Cost of Living Including Rent in Panama is 43.6% higher than in Honduras | |
| Rent Prices in Panama are 111.0% higher than in Honduras | |
| Restaurant Prices in Panama are 34.5% higher than in Honduras | |
| Groceries Prices in Panama are 24.4% higher than in Honduras | |
| Local Purchasing Power in Panama is 4.4% higher than in Honduras | |
Restaurants | Honduras Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
197.57 L (7.59 $) |
260.18 L (10.00 $) |
+31.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
800.00 L (30.75 $) |
1,300.89 L (50.00 $) |
+62.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
200.00 L (7.69 $) |
194.87 L (7.49 $) |
-2.6 % |
| Domestic Beer (1 pint draught) |
50.00 L (1.92 $) |
52.04 L (2.00 $) |
+4.1 % |
| Imported Beer (12 oz small bottle) |
82.50 L (3.17 $) |
91.06 L (3.50 $) |
+10.4 % |
| Cappuccino (regular) |
59.75 L (2.30 $) |
90.36 L (3.47 $) |
+51.2 % |
| Coke/Pepsi (12 oz small bottle) |
28.71 L (1.10 $) |
38.45 L (1.48 $) |
+33.9 % |
| Water (12 oz small bottle) |
24.43 L (0.94 $) |
31.66 L (1.22 $) |
+29.6 % |
Markets | Honduras Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
144.52 L (5.55 $) |
178.23 L (6.85 $) |
+23.3 % |
| Loaf of Fresh White Bread (1 lb) |
47.42 L (1.82 $) |
57.58 L (2.21 $) |
+21.4 % |
| Rice (white), (1 lb) |
17.39 L (0.67 $) |
27.15 L (1.04 $) |
+56.1 % |
| Eggs (regular) (12) |
51.43 L (1.98 $) |
69.42 L (2.67 $) |
+35.0 % |
| Local Cheese (1 lb) |
84.70 L (3.26 $) |
138.13 L (5.31 $) |
+63.1 % |
| Chicken Fillets (1 lb) |
63.99 L (2.46 $) |
85.67 L (3.29 $) |
+33.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
127.86 L (4.91 $) |
106.09 L (4.08 $) |
-17.0 % |
| Apples (1 lb) |
39.46 L (1.52 $) |
47.66 L (1.83 $) |
+20.8 % |
| Banana (1 lb) |
16.85 L (0.65 $) |
15.62 L (0.60 $) |
-7.3 % |
| Oranges (1 lb) |
34.54 L (1.33 $) |
33.16 L (1.27 $) |
-4.0 % |
| Tomato (1 lb) |
19.24 L (0.74 $) |
34.61 L (1.33 $) |
+79.9 % |
| Potato (1 lb) |
20.52 L (0.79 $) |
24.79 L (0.95 $) |
+20.8 % |
| Onion (1 lb) |
25.68 L (0.99 $) |
27.24 L (1.05 $) |
+6.0 % |
| Lettuce (1 head) |
22.04 L (0.85 $) |
53.99 L (2.08 $) |
+144.9 % |
| Water (1.5 liter bottle) |
34.42 L (1.32 $) |
40.52 L (1.56 $) |
+17.7 % |
| Bottle of Wine (Mid-Range) |
260.18 L (10.00 $) |
260.18 L (10.00 $) |
0.0 % |
| Domestic Beer (0.5 liter bottle) |
30.43 L (1.17 $) |
31.27 L (1.20 $) |
+2.8 % |
| Imported Beer (12 oz small bottle) |
43.05 L (1.65 $) |
55.86 L (2.15 $) |
+29.7 % |
| Cigarettes 20 Pack (Marlboro) |
70.00 L (2.69 $) |
154.16 L (5.92 $) |
+120.2 % |
Transportation | Honduras Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
15.94 L (0.61 $) |
14.31 L (0.55 $) |
-10.2 % |
| Monthly Pass (Regular Price) |
960.00 L (36.90 $) |
650.45 L (25.00 $) |
-32.2 % |
| Taxi Start (Normal Tariff) |
90.00 L (3.46 $) |
52.04 L (2.00 $) |
-42.2 % |
| Taxi 1 mile (Normal Tariff) |
58.16 L (2.24 $) |
83.74 L (3.22 $) |
+44.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
182.12 L (7.00 $) |
546.37 L (21.00 $) |
+200.0 % |
| Gasoline (1 gallon) |
102.99 L (3.96 $) |
91.10 L (3.50 $) |
-11.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
500,000.00 L (19,217.59 $) |
520,356.74 L (20,000.00 $) |
+4.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
511,923.64 L (19,675.87 $) |
558,462.04 L (21,464.58 $) |
+9.1 % |
Utilities (Monthly) | Honduras Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
3,211.85 L (123.45 $) |
2,836.02 L (109.00 $) |
-11.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
285.90 L (10.99 $) |
766.64 L (29.47 $) |
+168.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
1,321.74 L (50.80 $) |
1,272.04 L (48.89 $) |
-3.8 % |
Sports And Leisure | Honduras Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,038.37 L (39.91 $) |
1,360.85 L (52.30 $) |
+31.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
443.33 L (17.04 $) |
929.21 L (35.71 $) |
+109.6 % |
| Cinema, International Release, 1 Seat |
150.00 L (5.77 $) |
182.12 L (7.00 $) |
+21.4 % |
Childcare | Honduras Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
5,651.04 L (217.20 $) |
11,621.30 L (446.67 $) |
+105.6 % |
| International Primary School, Yearly for 1 Child |
88,588.67 L (3,404.92 $) |
271,235.95 L (10,425.00 $) |
+206.2 % |
Clothing And Shoes | Honduras Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,098.04 L (42.20 $) |
1,254.43 L (48.21 $) |
+14.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
907.44 L (34.88 $) |
1,070.73 L (41.15 $) |
+18.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,030.51 L (78.04 $) |
2,176.83 L (83.67 $) |
+7.2 % |
| 1 Pair of Men Leather Business Shoes |
2,117.92 L (81.40 $) |
2,873.79 L (110.45 $) |
+35.7 % |
Rent Per Month | Honduras Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
11,219.42 L (431.22 $) |
23,802.26 L (914.84 $) |
+112.2 % |
| Apartment (1 bedroom) Outside of Centre |
9,081.87 L (349.06 $) |
18,176.60 L (698.62 $) |
+100.1 % |
| Apartment (3 bedrooms) in City Centre |
21,323.80 L (819.58 $) |
46,282.26 L (1,778.87 $) |
+117.0 % |
| Apartment (3 bedrooms) Outside of Centre |
16,913.83 L (650.09 $) |
35,274.18 L (1,355.77 $) |
+108.6 % |
Buy Apartment Price | Honduras Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,727.39 L (66.39 $) |
5,028.82 L (193.28 $) |
+191.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,849.53 L (71.09 $) |
3,735.20 L (143.56 $) |
+102.0 % |
Salaries And Financing | Honduras Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
14,340.89 L (551.19 $) |
21,498.08 L (826.28 $) |
+49.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 12.20 | 6.30 | -48.4 % |
| Last update: | 30 April 2025 | 22 May 2025 | |
| Contributors in the past 12 months: | 34 | 94 |
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