Cost of Living Comparison Between Honduras and Panama 
| Indices Difference |  |
|---|---|
| Consumer Prices in Panama are 24.9% higher than in Honduras (without rent) | |
| Consumer Prices Including Rent in Panama are 40.3% higher than in Honduras | |
| Rent Prices in Panama are 102.9% higher than in Honduras | |
| Restaurant Prices in Panama are 56.1% higher than in Honduras | |
| Groceries Prices in Panama are 25.3% higher than in Honduras | |
| Local Purchasing Power in Panama is 1.2% lower than in Honduras | |
Restaurants | Honduras Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
177.11 L (7.15 $) |
247.70 L (10.00 $) |
+39.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
693.56 L (28.00 $) |
1,486.20 L (60.00 $) |
+114.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
181.32 L (7.32 $) |
198.16 L (8.00 $) |
+9.3 % |
| Domestic Beer (1 pint draught) |
49.77 L (2.01 $) |
49.54 L (2.00 $) |
-0.5 % |
| Imported Beer (12 oz small bottle) |
80.00 L (3.23 $) |
77.41 L (3.12 $) |
-3.2 % |
| Cappuccino (regular) |
56.47 L (2.28 $) |
86.35 L (3.49 $) |
+52.9 % |
| Coke/Pepsi (12 oz small bottle) |
26.71 L (1.08 $) |
38.84 L (1.57 $) |
+45.4 % |
| Water (12 oz small bottle) |
21.38 L (0.86 $) |
30.21 L (1.22 $) |
+41.3 % |
Markets | Honduras Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
126.11 L (5.09 $) |
162.18 L (6.55 $) |
+28.6 % |
| Loaf of Fresh White Bread (1 lb) |
45.63 L (1.84 $) |
52.19 L (2.11 $) |
+14.4 % |
| Rice (white), (1 lb) |
14.10 L (0.57 $) |
23.46 L (0.95 $) |
+66.4 % |
| Eggs (regular) (12) |
55.45 L (2.24 $) |
61.44 L (2.48 $) |
+10.8 % |
| Local Cheese (1 lb) |
58.67 L (2.37 $) |
116.68 L (4.71 $) |
+98.9 % |
| Chicken Fillets (1 lb) |
50.85 L (2.05 $) |
81.01 L (3.27 $) |
+59.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
106.37 L (4.29 $) |
93.00 L (3.75 $) |
-12.6 % |
| Apples (1 lb) |
34.82 L (1.41 $) |
36.10 L (1.46 $) |
+3.7 % |
| Banana (1 lb) |
13.50 L (0.55 $) |
14.97 L (0.60 $) |
+10.8 % |
| Oranges (1 lb) |
30.70 L (1.24 $) |
31.20 L (1.26 $) |
+1.6 % |
| Tomato (1 lb) |
18.38 L (0.74 $) |
32.98 L (1.33 $) |
+79.5 % |
| Potato (1 lb) |
18.32 L (0.74 $) |
23.42 L (0.95 $) |
+27.8 % |
| Onion (1 lb) |
19.85 L (0.80 $) |
23.66 L (0.96 $) |
+19.2 % |
| Lettuce (1 head) |
24.66 L (1.00 $) |
47.81 L (1.93 $) |
+93.9 % |
| Water (1.5 liter bottle) |
40.27 L (1.63 $) |
37.50 L (1.51 $) |
-6.9 % |
| Bottle of Wine (Mid-Range) |
248.85 L (10.05 $) |
222.93 L (9.00 $) |
-10.4 % |
| Domestic Beer (0.5 liter bottle) |
29.98 L (1.21 $) |
28.46 L (1.15 $) |
-5.1 % |
| Imported Beer (12 oz small bottle) |
46.95 L (1.90 $) |
46.49 L (1.88 $) |
-1.0 % |
| Cigarettes 20 Pack (Marlboro) |
61.50 L (2.48 $) |
139.33 L (5.62 $) |
+126.6 % |
Transportation | Honduras Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
16.00 L (0.65 $) |
12.38 L (0.50 $) |
-22.6 % |
| Monthly Pass (Regular Price) |
950.00 L (38.35 $) |
619.25 L (25.00 $) |
-34.8 % |
| Taxi Start (Normal Tariff) |
77.15 L (3.11 $) |
49.54 L (2.00 $) |
-35.8 % |
| Taxi 1 mile (Normal Tariff) |
62.19 L (2.51 $) |
69.76 L (2.82 $) |
+12.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
148.62 L (6.00 $) |
495.40 L (20.00 $) |
+233.3 % |
| Gasoline (1 gallon) |
103.81 L (4.19 $) |
91.92 L (3.71 $) |
-11.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
500,000.00 L (20,185.71 $) |
600,672.48 L (24,250.00 $) |
+20.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
536,229.15 L (21,648.33 $) |
500,068.17 L (20,188.46 $) |
-6.7 % |
Utilities (Monthly) | Honduras Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
2,883.09 L (116.39 $) |
2,446.41 L (98.77 $) |
-15.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
162.86 L (6.57 $) |
735.88 L (29.71 $) |
+351.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
1,680.43 L (67.84 $) |
1,215.35 L (49.07 $) |
-27.7 % |
Sports And Leisure | Honduras Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,081.34 L (43.66 $) |
1,177.67 L (47.54 $) |
+8.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
481.36 L (19.43 $) |
780.25 L (31.50 $) |
+62.1 % |
| Cinema, International Release, 1 Seat |
150.00 L (6.06 $) |
173.39 L (7.00 $) |
+15.6 % |
Childcare | Honduras Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
5,167.84 L (208.63 $) |
8,944.72 L (361.11 $) |
+73.1 % |
| International Primary School, Yearly for 1 Child |
86,711.00 L (3,500.65 $) |
204,119.65 L (8,240.60 $) |
+135.4 % |
Clothing And Shoes | Honduras Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,015.01 L (40.98 $) |
1,212.60 L (48.95 $) |
+19.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
937.22 L (37.84 $) |
972.55 L (39.26 $) |
+3.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
1,857.25 L (74.98 $) |
1,951.45 L (78.78 $) |
+5.1 % |
| 1 Pair of Men Leather Business Shoes |
2,052.91 L (82.88 $) |
2,111.97 L (85.26 $) |
+2.9 % |
Rent Per Month | Honduras Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
10,406.98 L (420.14 $) |
19,706.30 L (795.57 $) |
+89.4 % |
| Apartment (1 bedroom) Outside of Centre |
7,528.74 L (303.95 $) |
13,399.02 L (540.94 $) |
+78.0 % |
| Apartment (3 bedrooms) in City Centre |
18,385.81 L (742.26 $) |
43,424.90 L (1,753.12 $) |
+136.2 % |
| Apartment (3 bedrooms) Outside of Centre |
13,616.68 L (549.72 $) |
24,792.82 L (1,000.92 $) |
+82.1 % |
Buy Apartment Price | Honduras Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,823.66 L (73.62 $) |
5,380.72 L (217.23 $) |
+195.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,074.02 L (83.73 $) |
3,221.66 L (130.06 $) |
+55.3 % |
Salaries And Financing | Honduras Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
14,166.31 L (571.91 $) |
19,632.52 L (792.59 $) |
+38.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.40 | 6.20 | -45.6 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 38 | 117 |
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