Cost of living in Panama City (Panama) is 14% more expensive than in Callao (Peru)
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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 306 prices entered by 42 different people.
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| Food | + 15% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 15% more expensive than in Callao (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Callao | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 15 B/. (S/. 55) | S/. 39 | + 38% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (S/. 28) | S/. 38 | - 27% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.28 B/. (S/. 12) | S/. 14 | - 13% | |
| 1 liter (1 qt.) of whole fat milk | 1.78 B/. (S/. 7) | S/. 5.98 | + 9% | |
| 12 eggs, large | 2.67 B/. (S/. 10) | S/. 11 | - 10% | |
| 1 kg (2 lb.) of tomatoes | 2.62 B/. (S/. 10) | S/. 3.27 | + 194% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (S/. 22) | S/. 17 | + 29% | |
| 1 kg (2 lb.) of apples | 2.85 B/. (S/. 10) | S/. 3.04 | + 245% | |
| 1 kg (2 lb.) of potatoes | 2.46 B/. (S/. 9) | S/. 3.70 | + 144% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.40 B/. (S/. 5.12) | S/. 4.58 | + 12% | |
| 1 bottle of red table wine, good quality | 10 B/. (S/. 37) | S/. 68 | - 46% | |
| 2 liters of coca-cola | 2.36 B/. (S/. 9) | S/. 7 | + 22% | |
| Bread for 2 people for 1 day | 1.55 B/. (S/. 5.68) | S/. 3.68 | + 54% | |
| Housing | + 107% | |||
| Housing in Panama City (Panama) is 107% more expensive than in Callao (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Callao | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,470 B/. (S/. 5,391) | S/. 2,375 | + 127% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 929 B/. (S/. 3,408) | S/. 1,179 | + 189% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 140 B/. (S/. 512) | S/. 214 | + 140% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 971 B/. (S/. 3,560) | S/. 1,405 | + 153% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 607 B/. (S/. 2,227) | S/. 795 | + 180% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 98 B/. (S/. 359) | S/. 96 | + 275% | |
| Internet 8 mbps (1 month) | 37 B/. (S/. 137) | S/. 70 | + 97% | |
| 40” flat screen tv | 321 B/. (S/. 1,177) | S/. 1,869 | - 37% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 107 B/. (S/. 391) | S/. 496 | - 21% | |
| Laundry detergent (3 l. ~ 100 oz.) | 11 B/. (S/. 40) | S/. 47 | - 16% | |
| Hourly rate for cleaning help | 12 B/. (S/. 45) | - | - | |
| Clothes | + 39% | |||
| Clothes in Panama City (Panama) is 39% more expensive than in Callao (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Callao | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 61 B/. (S/. 223) | S/. 220 | + 1% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 43 B/. (S/. 156) | S/. 100 | + 57% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 99 B/. (S/. 364) | S/. 164 | + 121% | |
| 1 pair of men’s leather business shoes | 100 B/. (S/. 368) | S/. 252 | + 46% | |
| Transportation | - 52% | |||
| Transportation in Panama City (Panama) is 52% cheaper than in Callao (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Callao | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,225 B/. (S/. 81,526) | S/. 83,720 | - 3% | |
| 1 liter (1/4 gallon) of gas | 1.01 B/. (S/. 3.69) | S/. 11 | - 66% | |
| Monthly ticket public transport | 24 B/. (S/. 88) | S/. 202 | - 56% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 14 B/. (S/. 52) | S/. 132 | - 61% | |
| Personal Care | + 73% | |||
| Personal Care in Panama City (Panama) is 73% more expensive than in Callao (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Callao | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (S/. 32) | S/. 19 | + 67% | |
| 1 box of antibiotics (12 doses) | 23 B/. (S/. 85) | S/. 15 | + 467% | |
| Short visit to private doctor (15 minutes) | 53 B/. (S/. 195) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | 8 B/. (S/. 29) | S/. 24 | + 19% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.26 B/. (S/. 16) | S/. 15 | + 4% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (S/. 31) | S/. 8 | + 282% | |
| 4 rolls of toilet paper | 2.95 B/. (S/. 11) | S/. 6 | + 76% | |
| Tube of toothpaste | 3.04 B/. (S/. 11) | S/. 7 | + 60% | |
| Standard men's haircut in expat area of the city | 16 B/. (S/. 60) | S/. 23 | + 161% | |
| Entertainment | + 99% | |||
| Entertainment in Panama City (Panama) is 99% more expensive than in Callao (Peru) | ||||
| Update prices | Update prices | |||
| Panama City | Callao | Diff | ||
| Basic dinner out for two in neighborhood pub | 36 B/. (S/. 132) | S/. 29 | + 349% | |
| 2 tickets to the movies | 11 B/. (S/. 39) | S/. 38 | + 4% | |
| 2 tickets to the theater (best available seats) | 34 B/. (S/. 125) | S/. 55 | + 127% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 64 B/. (S/. 236) | S/. 103 | + 129% | |
| 1 cocktail drink in downtown club | 11 B/. (S/. 39) | S/. 72 | - 46% | |
| Cappuccino in expat area of the city | 5.10 B/. (S/. 19) | S/. 14 | + 30% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.82 B/. (S/. 10) | S/. 5.53 | + 87% | |
| Ipad wi-fi 128gb | 689 B/. (S/. 2,526) | S/. 2,500 | + 1% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.34 B/. (S/. 1.25) | S/. 0.17 | + 649% | |
| 1 month of gym membership in business district | 52 B/. (S/. 189) | S/. 150 | + 26% | |
| 1 package of marlboro cigarettes | 6 B/. (S/. 22) | S/. 3.27 | + 583% | |
 |
TOTAL | + 14% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 306 prices entered by 42 different people.
These prices were last updated on March 16, 2025.
Exchange rate:
3.668
PEN
/
PAB
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For example, you would need at least S/. 8,075 (2,201 B/.) in Panama City to maintain the same standard of living that you can have with S/. 7,100 in Callao.
Do you live in Callao? We need your help!
Cost of Living and Prices in Similar Cities
Prices recently added
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