Cost of Living Comparison Between United States and Panama Reverse

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City in United States:
City in Panama:
Indices DifferenceInfo
Cost of Living in Panama is 34.2% lower than in United States (without rent)
Cost of Living Including Rent in Panama is 39.5% lower than in United States
Rent Prices in Panama are 50.1% lower than in United States
Restaurant Prices in Panama are 37.3% lower than in United States
Groceries Prices in Panama are 34.6% lower than in United States
Local Purchasing Power in Panama is 70.7% 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 $ 55.50 $      -26.0 %
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 $ 3.61 $      -48.4 %
Cappuccino (regular) 5.15 $ 3.51 $      -31.9 %
Coke/Pepsi (12 oz small bottle) 2.52 $ 1.62 $      -35.5 %
Water (12 oz small bottle) 2.05 $ 1.27 $      -38.2 %
Markets
 United States Edit Panama Edit
Milk (regular), (1 gallon) 3.99 $ 6.69 $      +67.7 %
Loaf of Fresh White Bread (1 lb) 3.25 $ 2.16 $      -33.7 %
Rice (white), (1 lb) 2.07 $ 1.03 $      -50.3 %
Eggs (regular) (12) 3.70 $ 2.54 $      -31.3 %
Local Cheese (1 lb) 5.83 $ 5.12 $      -12.3 %
Chicken Fillets (1 lb) 5.47 $ 3.26 $      -40.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.26 $ 3.82 $      -47.4 %
Apples (1 lb) 2.40 $ 1.50 $      -37.5 %
Banana (1 lb) 0.76 $ 0.65 $      -14.6 %
Oranges (1 lb) 2.05 $ 1.25 $      -38.9 %
Tomato (1 lb) 2.23 $ 1.33 $      -40.6 %
Potato (1 lb) 1.36 $ 0.93 $      -31.1 %
Onion (1 lb) 1.40 $ 0.99 $      -28.8 %
Lettuce (1 head) 2.18 $ 1.97 $      -9.8 %
Water (1.5 liter bottle) 2.20 $ 1.51 $      -31.3 %
Bottle of Wine (Mid-Range) 15.00 $ 9.00 $      -40.0 %
Domestic Beer (0.5 liter bottle) 1.83 $ 1.15 $      -37.4 %
Imported Beer (12 oz small bottle) 3.52 $ 1.97 $      -44.0 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 5.50 $      -45.0 %
Transportation
 United States Edit Panama Edit
One-way Ticket (Local Transport) 2.50 $ 0.50 $      -80.0 %
Monthly Pass (Regular Price) 68.00 $ 25.00 $      -63.2 %
Taxi Start (Normal Tariff) 3.55 $ 2.00 $      -43.7 %
Taxi 1 mile (Normal Tariff) 2.76 $ 3.22 $      +16.6 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 20.00 $      -33.3 %
Gasoline (1 gallon) 3.63 $ 3.67 $      +1.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,680.68 $ 19,750.00 $      -41.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,159.31 $ 19,666.67 $      -24.8 %
Utilities (Monthly)
 United States Edit Panama Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 207.23 $ 98.67 $      -52.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.72 $ 29.59 $      -45.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.97 $ 48.77 $      -31.3 %
Sports And Leisure
 United States Edit Panama Edit
Fitness Club, Monthly Fee for 1 Adult 46.74 $ 53.29 $      +14.0 %
Tennis Court Rent (1 Hour on Weekend) 21.20 $ 32.78 $      +54.6 %
Cinema, International Release, 1 Seat 14.00 $ 6.75 $      -51.8 %
Childcare
 United States Edit Panama Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,376.20 $ 365.00 $      -73.5 %
International Primary School, Yearly for 1 Child 22,611.31 $ 7,144.50 $      -68.4 %
Clothing And Shoes
 United States Edit Panama Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.34 $ 50.18 $      -4.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.82 $ 38.08 $      -11.1 %
1 Pair of Nike Running Shoes (Mid-Range) 88.82 $ 80.24 $      -9.7 %
1 Pair of Men Leather Business Shoes 113.71 $ 96.54 $      -15.1 %
Rent Per Month
 United States Edit Panama Edit
Apartment (1 bedroom) in City Centre 1,757.24 $ 815.00 $      -53.6 %
Apartment (1 bedroom) Outside of Centre 1,444.75 $ 590.94 $      -59.1 %
Apartment (3 bedrooms) in City Centre 2,938.76 $ 1,718.12 $      -41.5 %
Apartment (3 bedrooms) Outside of Centre 2,394.93 $ 1,133.93 $      -52.7 %
Buy Apartment Price
 United States Edit Panama Edit
Price per Square Feet to Buy Apartment in City Centre 316.88 $ 214.84 $      -32.2 %
Price per Square Feet to Buy Apartment Outside of Centre 255.06 $ 148.64 $      -41.7 %
Salaries And Financing
 United States Edit Panama Edit
Average Monthly Net Salary (After Tax) 4,531.97 $ 803.18 $      -82.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.17      -6.1 %
Last update: September 2024September 2024
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