Cost of Living Comparison Between Panama and New Zealand 
| Indices Difference |  |
|---|---|
| Cost of Living in New Zealand is 33.9% higher than in Panama (excluding rent) | |
| Cost of Living Including Rent in New Zealand is 26.8% higher than in Panama | |
| Rent Prices in New Zealand are 9.5% higher than in Panama | |
| Restaurant Prices in New Zealand are 40.6% higher than in Panama | |
| Groceries Prices in New Zealand are 32.5% higher than in Panama | |
| Local Purchasing Power in New Zealand is 183.5% higher than in Panama | |
Restaurants | Panama Edit |
New Zealand Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 $ (16.83 NZ$) |
14.85 $ (25.00 NZ$) |
+48.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50.00 $ (84.16 NZ$) |
74.27 $ (125.00 NZ$) |
+48.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.49 $ (12.61 NZ$) |
8.91 $ (15.00 NZ$) |
+19.0 % |
| Domestic Beer (1 pint draught) |
2.00 $ (3.37 NZ$) |
6.54 $ (11.00 NZ$) |
+226.8 % |
| Imported Beer (12 oz small bottle) |
3.50 $ (5.89 NZ$) |
6.54 $ (11.00 NZ$) |
+86.7 % |
| Cappuccino (regular) |
3.47 $ (5.85 NZ$) |
3.38 $ (5.69 NZ$) |
-2.6 % |
| Coke/Pepsi (12 oz small bottle) |
1.48 $ (2.49 NZ$) |
2.24 $ (3.77 NZ$) |
+51.4 % |
| Water (12 oz small bottle) |
1.22 $ (2.06 NZ$) |
2.07 $ (3.49 NZ$) |
+69.6 % |
Markets | Panama Edit |
New Zealand Edit | |
| Milk (regular), (1 gallon) |
6.85 $ (11.53 NZ$) |
6.71 $ (11.29 NZ$) |
-2.2 % |
| Loaf of Fresh White Bread (1 lb) |
2.21 $ (3.73 NZ$) |
1.74 $ (2.92 NZ$) |
-21.5 % |
| Rice (white), (1 lb) |
1.04 $ (1.76 NZ$) |
0.83 $ (1.40 NZ$) |
-20.5 % |
| Eggs (regular) (12) |
2.67 $ (4.49 NZ$) |
6.39 $ (10.76 NZ$) |
+139.5 % |
| Local Cheese (1 lb) |
5.31 $ (8.94 NZ$) |
3.70 $ (6.23 NZ$) |
-30.3 % |
| Chicken Fillets (1 lb) |
3.29 $ (5.54 NZ$) |
4.25 $ (7.16 NZ$) |
+29.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.08 $ (6.86 NZ$) |
5.79 $ (9.75 NZ$) |
+42.1 % |
| Apples (1 lb) |
1.83 $ (3.08 NZ$) |
1.26 $ (2.11 NZ$) |
-31.5 % |
| Banana (1 lb) |
0.60 $ (1.01 NZ$) |
1.02 $ (1.71 NZ$) |
+69.3 % |
| Oranges (1 lb) |
1.27 $ (2.15 NZ$) |
1.37 $ (2.30 NZ$) |
+7.1 % |
| Tomato (1 lb) |
1.33 $ (2.24 NZ$) |
2.12 $ (3.58 NZ$) |
+59.7 % |
| Potato (1 lb) |
0.95 $ (1.60 NZ$) |
0.94 $ (1.58 NZ$) |
-1.7 % |
| Onion (1 lb) |
1.05 $ (1.76 NZ$) |
0.79 $ (1.33 NZ$) |
-24.4 % |
| Lettuce (1 head) |
2.08 $ (3.49 NZ$) |
2.33 $ (3.92 NZ$) |
+12.1 % |
| Water (1.5 liter bottle) |
1.56 $ (2.62 NZ$) |
1.12 $ (1.89 NZ$) |
-28.0 % |
| Bottle of Wine (Mid-Range) |
10.00 $ (16.83 NZ$) |
9.51 $ (16.00 NZ$) |
-4.9 % |
| Domestic Beer (0.5 liter bottle) |
1.20 $ (2.02 NZ$) |
2.96 $ (4.98 NZ$) |
+146.1 % |
| Imported Beer (12 oz small bottle) |
2.15 $ (3.61 NZ$) |
3.46 $ (5.82 NZ$) |
+61.2 % |
| Cigarettes 20 Pack (Marlboro) |
5.92 $ (9.97 NZ$) |
23.77 $ (40.00 NZ$) |
+301.1 % |
Transportation | Panama Edit |
New Zealand Edit | |
| One-way Ticket (Local Transport) |
0.55 $ (0.93 NZ$) |
2.38 $ (4.00 NZ$) |
+332.1 % |
| Monthly Pass (Regular Price) |
25.00 $ (42.08 NZ$) |
105.46 $ (177.50 NZ$) |
+321.8 % |
| Taxi Start (Normal Tariff) |
2.25 $ (3.79 NZ$) |
2.38 $ (4.00 NZ$) |
+5.6 % |
| Taxi 1 mile (Normal Tariff) |
3.22 $ (5.42 NZ$) |
3.25 $ (5.47 NZ$) |
+1.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
21.00 $ (35.35 NZ$) |
35.65 $ (60.00 NZ$) |
+69.8 % |
| Gasoline (1 gallon) |
3.51 $ (5.91 NZ$) |
6.31 $ (10.62 NZ$) |
+79.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20,000.00 $ (33,662.38 NZ$) |
26,736.08 $ (45,000.00 NZ$) |
+33.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21,464.58 $ (36,127.45 NZ$) |
21,397.40 $ (36,014.36 NZ$) |
-0.3 % |
Utilities (Monthly) | Panama Edit |
New Zealand Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
109.00 $ (183.47 NZ$) |
135.36 $ (227.83 NZ$) |
+24.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
29.47 $ (49.59 NZ$) |
34.52 $ (58.11 NZ$) |
+17.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.80 $ (82.13 NZ$) |
51.22 $ (86.20 NZ$) |
+5.0 % |
Sports And Leisure | Panama Edit |
New Zealand Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
52.30 $ (88.03 NZ$) |
36.39 $ (61.25 NZ$) |
-30.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
37.50 $ (63.12 NZ$) |
14.77 $ (24.87 NZ$) |
-60.6 % |
| Cinema, International Release, 1 Seat |
7.00 $ (11.78 NZ$) |
11.88 $ (20.00 NZ$) |
+69.8 % |
Childcare | Panama Edit |
New Zealand Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
446.67 $ (751.79 NZ$) |
741.61 $ (1,248.23 NZ$) |
+66.0 % |
| International Primary School, Yearly for 1 Child |
10,425.00 $ (17,546.52 NZ$) |
11,664.00 $ (19,631.90 NZ$) |
+11.9 % |
Clothing And Shoes | Panama Edit |
New Zealand Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
48.27 $ (81.24 NZ$) |
67.70 $ (113.95 NZ$) |
+40.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
41.15 $ (69.27 NZ$) |
42.55 $ (71.62 NZ$) |
+3.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
83.67 $ (140.82 NZ$) |
95.19 $ (160.22 NZ$) |
+13.8 % |
| 1 Pair of Men Leather Business Shoes |
110.45 $ (185.91 NZ$) |
116.73 $ (196.48 NZ$) |
+5.7 % |
Rent Per Month | Panama Edit |
New Zealand Edit | |
| Apartment (1 bedroom) in City Centre |
920.45 $ (1,549.23 NZ$) |
1,084.49 $ (1,825.33 NZ$) |
+17.8 % |
| Apartment (1 bedroom) Outside of Centre |
698.62 $ (1,175.86 NZ$) |
907.17 $ (1,526.87 NZ$) |
+29.9 % |
| Apartment (3 bedrooms) in City Centre |
1,805.53 $ (3,038.93 NZ$) |
1,728.30 $ (2,908.94 NZ$) |
-4.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,330.00 $ (2,238.55 NZ$) |
1,492.60 $ (2,512.23 NZ$) |
+12.2 % |
Buy Apartment Price | Panama Edit |
New Zealand Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
200.90 $ (338.13 NZ$) |
462.42 $ (778.32 NZ$) |
+130.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
143.56 $ (241.63 NZ$) |
380.57 $ (640.55 NZ$) |
+165.1 % |
Salaries And Financing | Panama Edit |
New Zealand Edit | |
| Average Monthly Net Salary (After Tax) |
826.28 $ (1,390.73 NZ$) |
2,968.93 $ (4,997.06 NZ$) |
+259.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.30 | 6.76 | +7.3 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 92 | 479 |
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