Cost of Living Comparison Between Panama and Costa Rica Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in Panama:
City in Costa Rica:
Indices DifferenceInfo
Consumer Prices in Costa Rica are 15.7% higher than in Panama (without rent)
Consumer Prices Including Rent in Costa Rica are 5.9% higher than in Panama
Rent Prices in Costa Rica are 18.6% lower than in Panama
Restaurant Prices in Costa Rica are 4.7% higher than in Panama
Groceries Prices in Costa Rica are 19.4% higher than in Panama
Local Purchasing Power in Costa Rica is 8.0% higher than in Panama
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 Panama Edit Costa Rica Edit Difference
Meal, Inexpensive Restaurant 10.00 $
(5,093.68 ₡)		 9.82 $
(5,000.00 ₡)		      -1.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(30,562.06 ₡)		 58.90 $
(30,000.00 ₡)		      -1.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 $
(4,074.94 ₡)		 9.82 $
(5,000.00 ₡)		      +22.7 %
Domestic Beer (1 pint draught) 2.00 $
(1,018.74 ₡)		 2.94 $
(1,500.00 ₡)		      +47.2 %
Imported Beer (12 oz small bottle) 3.12 $
(1,591.77 ₡)		 4.91 $
(2,500.00 ₡)		      +57.1 %
Cappuccino (regular) 3.49 $
(1,776.13 ₡)		 3.53 $
(1,800.57 ₡)		      +1.4 %
Coke/Pepsi (12 oz small bottle) 1.58 $
(805.22 ₡)		 2.07 $
(1,054.10 ₡)		      +30.9 %
Water (12 oz small bottle) 1.21 $
(618.31 ₡)		 1.62 $
(827.51 ₡)		      +33.8 %
Markets
 Panama Edit Costa Rica Edit
Milk (regular), (1 gallon) 6.50 $
(3,309.74 ₡)		 7.21 $
(3,670.17 ₡)		      +10.9 %
Loaf of Fresh White Bread (1 lb) 2.13 $
(1,082.82 ₡)		 2.50 $
(1,274.03 ₡)		      +17.7 %
Rice (white), (1 lb) 0.96 $
(490.53 ₡)		 1.01 $
(515.39 ₡)		      +5.1 %
Eggs (regular) (12) 2.47 $
(1,256.36 ₡)		 3.45 $
(1,759.01 ₡)		      +40.0 %
Local Cheese (1 lb) 4.71 $
(2,399.45 ₡)		 3.79 $
(1,931.66 ₡)		      -19.5 %
Chicken Fillets (1 lb) 3.27 $
(1,665.92 ₡)		 4.27 $
(2,173.52 ₡)		      +30.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.75 $
(1,912.45 ₡)		 5.87 $
(2,987.45 ₡)		      +56.2 %
Apples (1 lb) 1.38 $
(701.48 ₡)		 2.02 $
(1,029.83 ₡)		      +46.8 %
Banana (1 lb) 0.61 $
(310.76 ₡)		 0.74 $
(374.42 ₡)		      +20.5 %
Oranges (1 lb) 1.26 $
(641.64 ₡)		 1.29 $
(655.42 ₡)		      +2.1 %
Tomato (1 lb) 1.33 $
(678.83 ₡)		 1.19 $
(608.00 ₡)		      -10.4 %
Potato (1 lb) 0.95 $
(481.66 ₡)		 1.16 $
(593.06 ₡)		      +23.1 %
Onion (1 lb) 0.92 $
(466.66 ₡)		 1.18 $
(601.02 ₡)		      +28.8 %
Lettuce (1 head) 1.93 $
(983.26 ₡)		 1.02 $
(519.49 ₡)		      -47.2 %
Water (1.5 liter bottle) 1.51 $
(771.18 ₡)		 2.39 $
(1,216.50 ₡)		      +57.7 %
Bottle of Wine (Mid-Range) 8.00 $
(4,074.94 ₡)		 14.72 $
(7,500.00 ₡)		      +84.1 %
Domestic Beer (0.5 liter bottle) 1.18 $
(603.47 ₡)		 2.23 $
(1,134.73 ₡)		      +88.0 %
Imported Beer (12 oz small bottle) 1.90 $
(967.59 ₡)		 2.86 $
(1,454.39 ₡)		      +50.3 %
Cigarettes 20 Pack (Marlboro) 5.75 $
(2,928.86 ₡)		 4.91 $
(2,500.00 ₡)		      -14.6 %
Transportation
 Panama Edit Costa Rica Edit
One-way Ticket (Local Transport) 0.45 $
(229.22 ₡)		 0.98 $
(500.00 ₡)		      +118.1 %
Monthly Pass (Regular Price) 25.00 $
(12,734.19 ₡)		 41.76 $
(21,269.57 ₡)		      +67.0 %
Taxi Start (Normal Tariff) 2.00 $
(1,018.74 ₡)		 1.77 $
(900.00 ₡)		      -11.7 %
Taxi 1 mile (Normal Tariff) 2.82 $
(1,434.56 ₡)		 2.88 $
(1,464.50 ₡)		      +2.1 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $
(10,187.35 ₡)		 7.31 $
(3,725.00 ₡)		      -63.4 %
Gasoline (1 gallon) 3.72 $
(1,895.09 ₡)		 5.71 $
(2,910.95 ₡)		      +53.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,250.00 $
(12,352,165.85 ₡)		 31,804.14 $
(16,200,000.00 ₡)		      +31.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,188.46 $
(10,283,349.49 ₡)		 34,128.98 $
(17,384,198.35 ₡)		      +69.1 %
Utilities (Monthly)
 Panama Edit Costa Rica Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 97.43 $
(49,627.11 ₡)		 85.84 $
(43,722.58 ₡)		      -11.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.71 $
(15,132.46 ₡)		 24.15 $
(12,302.20 ₡)		      -18.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 48.65 $
(24,778.75 ₡)		 50.66 $
(25,802.27 ₡)		      +4.1 %
Sports And Leisure
 Panama Edit Costa Rica Edit
Fitness Club, Monthly Fee for 1 Adult 46.96 $
(23,921.84 ₡)		 54.87 $
(27,948.69 ₡)		      +16.8 %
Tennis Court Rent (1 Hour on Weekend) 31.50 $
(16,045.08 ₡)		 32.07 $
(16,333.42 ₡)		      +1.8 %
Cinema, International Release, 1 Seat 7.00 $
(3,565.57 ₡)		 7.85 $
(4,000.00 ₡)		      +12.2 %
Childcare
 Panama Edit Costa Rica Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 361.11 $
(183,938.32 ₡)		 477.90 $
(243,427.94 ₡)		      +32.3 %
International Primary School, Yearly for 1 Child 8,240.60 $
(4,197,495.17 ₡)		 9,315.26 $
(4,744,894.25 ₡)		      +13.0 %
Clothing And Shoes
 Panama Edit Costa Rica Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.95 $
(24,935.86 ₡)		 74.48 $
(37,939.49 ₡)		      +52.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.26 $
(19,999.38 ₡)		 51.96 $
(26,467.82 ₡)		      +32.3 %
1 Pair of Nike Running Shoes (Mid-Range) 78.78 $
(40,129.31 ₡)		 116.22 $
(59,197.16 ₡)		      +47.5 %
1 Pair of Men Leather Business Shoes 85.26 $
(43,430.30 ₡)		 101.45 $
(51,676.00 ₡)		      +19.0 %
Rent Per Month
 Panama Edit Costa Rica Edit
Apartment (1 bedroom) in City Centre 817.43 $
(416,373.65 ₡)		 674.51 $
(343,574.30 ₡)		      -17.5 %
Apartment (1 bedroom) Outside of Centre 547.35 $
(278,803.89 ₡)		 475.37 $
(242,139.79 ₡)		      -13.2 %
Apartment (3 bedrooms) in City Centre 1,688.24 $
(859,932.47 ₡)		 1,275.07 $
(649,479.24 ₡)		      -24.5 %
Apartment (3 bedrooms) Outside of Centre 1,031.10 $
(525,209.00 ₡)		 898.18 $
(457,501.65 ₡)		      -12.9 %
Buy Apartment Price
 Panama Edit Costa Rica Edit
Price per Square Feet to Buy Apartment in City Centre 217.23 $
(110,648.59 ₡)		 176.25 $
(89,777.37 ₡)		      -18.9 %
Price per Square Feet to Buy Apartment Outside of Centre 130.06 $
(66,249.97 ₡)		 119.69 $
(60,967.11 ₡)		      -8.0 %
Salaries And Financing
 Panama Edit Costa Rica Edit
Average Monthly Net Salary (After Tax) 792.59 $
(403,721.04 ₡)		 906.00 $
(461,484.65 ₡)		      +14.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.20 9.86      +59.0 %
Last update: April 2024April 2024
Contributors in the past 12 months:117130
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