Cost of living in Panama City (Panama) is 44% more expensive than in Ankara (Turkey)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,150 prices entered by 133 different people.
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Currency:
| Food | + 81% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 81% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 17 B/. (347TL) | 163TL | + 113% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (161TL) | 101TL | + 59% | |
| 500 gr (1 lb.) of boneless chicken breast | 4.42 B/. (93TL) | 46TL | + 100% | |
| 1 liter (1 qt.) of whole fat milk | 1.67 B/. (35TL) | 28TL | + 24% | |
| 12 eggs, large | 2.74 B/. (58TL) | 38TL | + 50% | |
| 1 kg (2 lb.) of tomatoes | 2.42 B/. (51TL) | 29TL | + 75% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (172TL) | 94TL | + 83% | |
| 1 kg (2 lb.) of apples | 2.88 B/. (61TL) | 19TL | + 216% | |
| 1 kg (2 lb.) of potatoes | 2.05 B/. (43TL) | 14TL | + 214% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.57 B/. (33TL) | 47TL | - 30% | |
| 1 bottle of red table wine, good quality | 17 B/. (363TL) | 244TL | + 48% | |
| 2 liters of coca-cola | 2.52 B/. (53TL) | 28TL | + 87% | |
| Bread for 2 people for 1 day | 1.55 B/. (33TL) | 7TL | + 391% | |
| Housing | + 101% | |||
| Housing in Panama City (Panama) is 101% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,370 B/. (28,763TL) | 15,874TL | + 81% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 898 B/. (18,850TL) | 10,903TL | + 73% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 151 B/. (3,179TL) | 1,337TL | + 138% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 988 B/. (20,743TL) | 11,776TL | + 76% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 645 B/. (13,533TL) | 8,424TL | + 61% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 99 B/. (2,087TL) | 857TL | + 143% | |
| Internet 8 mbps (1 month) | 45 B/. (952TL) | 133TL | + 615% | |
| 40” flat screen tv | 329 B/. (6,904TL) | 3,802TL | + 82% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 103 B/. (2,169TL) | 2,863TL | - 24% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (162TL) | 95TL | + 70% | |
| Hourly rate for cleaning help | 5.12 B/. (108TL) | 70TL | + 54% | |
| Clothes | - 27% | |||
| Clothes in Panama City (Panama) is 27% cheaper than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 51 B/. (1,065TL) | 1,155TL | - 8% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (704TL) | 1,054TL | - 33% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 90 B/. (1,881TL) | 2,205TL | - 15% | |
| 1 pair of men’s leather business shoes | 92 B/. (1,928TL) | 2,863TL | - 33% | |
| Transportation | - 6% | |||
| Transportation in Panama City (Panama) is 6% cheaper than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,565 B/. (473,658TL) | 994,776TL | - 52% | |
| 1 liter (1/4 gallon) of gas | 1.18 B/. (25TL) | 22TL | + 14% | |
| Monthly ticket public transport | 35 B/. (744TL) | 499TL | + 49% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 9 B/. (185TL) | 84TL | + 121% | |
| Personal Care | + 141% | |||
| Personal Care in Panama City (Panama) is 141% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (180TL) | 26TL | + 601% | |
| 1 box of antibiotics (12 doses) | 25 B/. (531TL) | 68TL | + 680% | |
| Short visit to private doctor (15 minutes) | 41 B/. (869TL) | 1,043TL | - 17% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (155TL) | 49TL | + 215% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.29 B/. (90TL) | 55TL | + 64% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (160TL) | 57TL | + 180% | |
| 4 rolls of toilet paper | 3.99 B/. (84TL) | 21TL | + 290% | |
| Tube of toothpaste | 3.61 B/. (76TL) | 46TL | + 65% | |
| Standard men's haircut in expat area of the city | 17 B/. (363TL) | 103TL | + 251% | |
| Entertainment | + 54% | |||
| Entertainment in Panama City (Panama) is 54% more expensive than in Ankara (Turkey) | ||||
| Update prices | Update prices | |||
| Panama City | Ankara | Diff | ||
| Basic dinner out for two in neighborhood pub | 33 B/. (692TL) | 731TL | - 5% | |
| 2 tickets to the movies | 14 B/. (300TL) | 103TL | + 191% | |
| 2 tickets to the theater (best available seats) | 43 B/. (900TL) | 1,201TL | - 25% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (1,126TL) | 1,025TL | + 10% | |
| 1 cocktail drink in downtown club | 11 B/. (228TL) | 124TL | + 84% | |
| Cappuccino in expat area of the city | 5.90 B/. (124TL) | 43TL | + 189% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.75 B/. (58TL) | 78TL | - 26% | |
| Ipad wi-fi 128gb | 590 B/. (12,385TL) | 14,162TL | - 13% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (6TL) | 0.73TL | + 729% | |
| 1 month of gym membership in business district | 53 B/. (1,110TL) | 592TL | + 88% | |
| 1 package of marlboro cigarettes | 5.98 B/. (126TL) | 36TL | + 254% | |
 |
TOTAL | + 44% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,150 prices entered by 133 different people.
These prices were last updated on June 02, 2023.
Exchange rate:
20.991
TRY
/
PAB
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For example, you would need at least 76,463TL (3,643 B/.) in Panama City to maintain the same standard of living that you can have with 53,000TL in Ankara.
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