Cost of living in Panama City (Panama) is 9% more expensive than in Puerto Barrios (Guatemala)
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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 711 prices entered by 80 different people.
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Currency:
| Food | + 57% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 57% more expensive than in Puerto Barrios (Guatemala) | ||||
| Update prices | Update prices | |||
| Panama City | Puerto Barrios | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 17 B/. (Q130) | Q40 | + 224% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (Q61) | Q35 | + 74% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.85 B/. (Q30) | Q22 | + 40% | |
| 1 liter (1 qt.) of whole fat milk | 1.69 B/. (Q13) | Q13 | + 2% | |
| 12 eggs, large | 2.91 B/. (Q23) | Q14 | + 63% | |
| 1 kg (2 lb.) of tomatoes | 2.22 B/. (Q17) | Q8 | + 125% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (Q61) | Q22 | + 175% | |
| 1 kg (2 lb.) of apples | 2.75 B/. (Q22) | Q20 | + 10% | |
| 1 kg (2 lb.) of potatoes | 1.85 B/. (Q15) | Q11 | + 32% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.57 B/. (Q12) | Q17 | - 28% | |
| 1 bottle of red table wine, good quality | 17 B/. (Q131) | Q100 | + 31% | |
| 2 liters of coca-cola | 2.55 B/. (Q20) | Q15 | + 33% | |
| Bread for 2 people for 1 day | 1.67 B/. (Q13) | - | - | |
| Housing | + 4% | |||
| Housing in Panama City (Panama) is 4% more expensive than in Puerto Barrios (Guatemala) | ||||
| Update prices | Update prices | |||
| Panama City | Puerto Barrios | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,370 B/. (Q10,730) | - | - | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 898 B/. (Q7,032) | Q2,700 | + 160% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 151 B/. (Q1,186) | - | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 988 B/. (Q7,738) | - | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 645 B/. (Q5,048) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 99 B/. (Q778) | - | - | |
| Internet 8 mbps (1 month) | 45 B/. (Q355) | - | - | |
| 40” flat screen tv | 329 B/. (Q2,575) | Q2,342 | + 10% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 103 B/. (Q809) | - | - | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (Q61) | - | - | |
| Hourly rate for cleaning help | 5.12 B/. (Q40) | - | - | |
| Clothes | - 35% | |||
| Clothes in Panama City (Panama) is 35% cheaper than in Puerto Barrios (Guatemala) | ||||
| Update prices | Update prices | |||
| Panama City | Puerto Barrios | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 51 B/. (Q397) | Q500 | - 21% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (Q262) | Q499 | - 47% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 90 B/. (Q702) | Q895 | - 22% | |
| 1 pair of men’s leather business shoes | 92 B/. (Q719) | - | - | |
| Transportation | - 1% | |||
| Transportation in Panama City (Panama) is about the same as in Puerto Barrios (Guatemala) | ||||
| Update prices | Update prices | |||
| Panama City | Puerto Barrios | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,565 B/. (Q176,694) | - | - | |
| 1 liter (1/4 gallon) of gas | 1.18 B/. (Q9) | Q10 | - 7% | |
| Monthly ticket public transport | 35 B/. (Q277) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 9 B/. (Q69) | - | - | |
| Personal Care | + 4% | |||
| Personal Care in Panama City (Panama) is about the same as in Puerto Barrios (Guatemala) | ||||
| Update prices | Update prices | |||
| Panama City | Puerto Barrios | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (Q67) | - | - | |
| 1 box of antibiotics (12 doses) | 25 B/. (Q198) | - | - | |
| Short visit to private doctor (15 minutes) | 41 B/. (Q324) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (Q58) | - | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.29 B/. (Q34) | - | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 8 B/. (Q60) | - | - | |
| 4 rolls of toilet paper | 3.99 B/. (Q31) | - | - | |
| Tube of toothpaste | 3.61 B/. (Q28) | - | - | |
| Standard men's haircut in expat area of the city | 17 B/. (Q136) | Q60 | + 126% | |
| Entertainment | + 10% | |||
| Entertainment in Panama City (Panama) is 10% more expensive than in Puerto Barrios (Guatemala) | ||||
| Update prices | Update prices | |||
| Panama City | Puerto Barrios | Diff | ||
| Basic dinner out for two in neighborhood pub | 33 B/. (Q258) | Q150 | + 72% | |
| 2 tickets to the movies | 14 B/. (Q112) | Q85 | + 31% | |
| 2 tickets to the theater (best available seats) | 43 B/. (Q336) | - | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (Q420) | - | - | |
| 1 cocktail drink in downtown club | 11 B/. (Q85) | - | - | |
| Cappuccino in expat area of the city | 5.90 B/. (Q46) | - | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.75 B/. (Q22) | Q10 | + 116% | |
| Ipad wi-fi 128gb | 590 B/. (Q4,620) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.29 B/. (Q2.26) | - | - | |
| 1 month of gym membership in business district | 53 B/. (Q414) | - | - | |
| 1 package of marlboro cigarettes | 5.98 B/. (Q47) | - | - | |
 |
TOTAL | + 9% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 711 prices entered by 80 different people.
These prices were last updated on June 05, 2023.
Exchange rate:
7.831
GTQ
/
PAB
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For example, you would need at least Q36,947 (4,718 B/.) in Panama City to maintain the same standard of living that you can have with Q34,000 in Puerto Barrios.
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