Cost of Living Comparison Between United States and Panama Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in United States:
City in Panama:
Indices DifferenceInfo
Consumer Prices in Panama are 34.7% lower than in United States (without rent)
Consumer Prices Including Rent in Panama are 41.0% lower than in United States
Rent Prices in Panama are 52.4% lower than in United States
Restaurant Prices in Panama are 37.3% lower than in United States
Groceries Prices in Panama are 35.9% lower than in United States
Local Purchasing Power in Panama is 70.3% lower than in United States
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 United States Edit Panama Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 10.00 $      -50.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $ 60.00 $      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $ 8.00 $      -27.3 %
Domestic Beer (1 pint draught) 6.00 $ 2.00 $      -66.7 %
Imported Beer (12 oz small bottle) 7.00 $ 3.12 $      -55.4 %
Cappuccino (regular) 5.11 $ 3.49 $      -31.7 %
Coke/Pepsi (12 oz small bottle) 2.49 $ 1.57 $      -37.0 %
Water (12 oz small bottle) 2.06 $ 1.22 $      -40.8 %
Markets
 United States Edit Panama Edit
Milk (regular), (1 gallon) 4.00 $ 6.55 $      +63.6 %
Loaf of Fresh White Bread (1 lb) 3.23 $ 2.11 $      -34.8 %
Rice (white), (1 lb) 2.07 $ 0.95 $      -54.2 %
Eggs (regular) (12) 3.70 $ 2.48 $      -33.0 %
Local Cheese (1 lb) 5.82 $ 4.71 $      -19.1 %
Chicken Fillets (1 lb) 5.50 $ 3.27 $      -40.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $ 3.75 $      -48.4 %
Apples (1 lb) 2.40 $ 1.46 $      -39.4 %
Banana (1 lb) 0.76 $ 0.60 $      -20.5 %
Oranges (1 lb) 2.04 $ 1.26 $      -38.2 %
Tomato (1 lb) 2.22 $ 1.33 $      -40.0 %
Potato (1 lb) 1.36 $ 0.95 $      -30.6 %
Onion (1 lb) 1.38 $ 0.96 $      -30.6 %
Lettuce (1 head) 2.16 $ 1.93 $      -10.5 %
Water (1.5 liter bottle) 2.19 $ 1.51 $      -30.8 %
Bottle of Wine (Mid-Range) 15.00 $ 9.00 $      -40.0 %
Domestic Beer (0.5 liter bottle) 1.77 $ 1.15 $      -35.2 %
Imported Beer (12 oz small bottle) 3.55 $ 1.88 $      -47.2 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 5.62 $      -43.8 %
Transportation
 United States Edit Panama Edit
One-way Ticket (Local Transport) 2.50 $ 0.50 $      -80.0 %
Monthly Pass (Regular Price) 72.00 $ 25.00 $      -65.3 %
Taxi Start (Normal Tariff) 3.75 $ 2.00 $      -46.7 %
Taxi 1 mile (Normal Tariff) 2.80 $ 2.82 $      +0.6 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 20.00 $      -33.3 %
Gasoline (1 gallon) 3.65 $ 3.71 $      +1.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,190.00 $ 24,250.00 $      -26.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,097.60 $ 20,188.46 $      -22.6 %
Utilities (Monthly)
 United States Edit Panama Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 205.17 $ 98.77 $      -51.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 52.51 $ 29.71 $      -43.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.93 $ 49.07 $      -30.8 %
Sports And Leisure
 United States Edit Panama Edit
Fitness Club, Monthly Fee for 1 Adult 47.55 $ 47.54 $      -0.0 %
Tennis Court Rent (1 Hour on Weekend) 22.33 $ 31.50 $      +41.1 %
Cinema, International Release, 1 Seat 14.00 $ 7.00 $      -50.0 %
Childcare
 United States Edit Panama Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,375.59 $ 361.11 $      -73.7 %
International Primary School, Yearly for 1 Child 23,008.02 $ 8,240.60 $      -64.2 %
Clothing And Shoes
 United States Edit Panama Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.26 $ 48.95 $      -6.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.23 $ 39.26 $      -9.2 %
1 Pair of Nike Running Shoes (Mid-Range) 88.78 $ 78.78 $      -11.3 %
1 Pair of Men Leather Business Shoes 114.93 $ 85.26 $      -25.8 %
Rent Per Month
 United States Edit Panama Edit
Apartment (1 bedroom) in City Centre 1,770.87 $ 795.57 $      -55.1 %
Apartment (1 bedroom) Outside of Centre 1,452.55 $ 540.94 $      -62.8 %
Apartment (3 bedrooms) in City Centre 2,969.23 $ 1,753.12 $      -41.0 %
Apartment (3 bedrooms) Outside of Centre 2,408.57 $ 1,000.92 $      -58.4 %
Buy Apartment Price
 United States Edit Panama Edit
Price per Square Feet to Buy Apartment in City Centre 326.83 $ 217.23 $      -33.5 %
Price per Square Feet to Buy Apartment Outside of Centre 260.44 $ 130.06 $      -50.1 %
Salaries And Financing
 United States Edit Panama Edit
Average Monthly Net Salary (After Tax) 4,519.56 $ 792.59 $      -82.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.20      -5.6 %
Last update: May 2024April 2024
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