Cost of living in Panama compared to Indonesia
Currency:
| Food | + 73% | |||
|---|---|---|---|---|
| Food in Panama is 73% more expensive than in Indonesia | ||||
| Panama | Indonesia | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 18 B/. (Rp 270,425) | Rp 51,127 | + 429% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (Rp 118,291) | Rp 55,136 | + 115% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.95 B/. (Rp 59,697) | Rp 27,959 | + 114% | |
| 1 liter (1 qt.) of whole fat milk | 1.64 B/. (Rp 24,783) | Rp 19,951 | + 24% | |
| 12 eggs, large | 2.92 B/. (Rp 44,106) | Rp 26,897 | + 64% | |
| 1 kg (2 lb.) of tomatoes | 2.52 B/. (Rp 38,087) | Rp 18,627 | + 104% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (Rp 122,590) | Rp 55,732 | + 120% | |
| 1 kg (2 lb.) of apples | 2.72 B/. (Rp 41,038) | Rp 43,429 | - 6% | |
| 1 kg (2 lb.) of potatoes | 2.06 B/. (Rp 31,051) | Rp 21,967 | + 41% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.37 B/. (Rp 20,756) | Rp 36,059 | - 42% | |
| 1 bottle of red table wine, good quality | 13 B/. (Rp 197,865) | Rp 337,317 | - 41% | |
| 2 liters of coca-cola | 2.52 B/. (Rp 37,994) | Rp 22,667 | + 68% | |
| Bread for 2 people for 1 day | 1.89 B/. (Rp 28,537) | Rp 17,971 | + 59% | |
| Housing | + 60% | |||
| Housing in Panama is 60% more expensive than in Indonesia | ||||
| Panama | Indonesia | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,424 B/. (Rp 21,495,196) | Rp 18,244,600 | + 18% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 830 B/. (Rp 12,538,459) | Rp 9,473,690 | + 32% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 114 B/. (Rp 1,715,578) | Rp 974,948 | + 76% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 937 B/. (Rp 14,147,137) | Rp 7,294,710 | + 94% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 863 B/. (Rp 13,037,431) | Rp 4,040,510 | + 223% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 92 B/. (Rp 1,391,927) | Rp 532,882 | + 161% | |
| Internet 8 mbps (1 month) | 43 B/. (Rp 649,968) | Rp 402,661 | + 61% | |
| 40” flat screen tv | 431 B/. (Rp 6,513,182) | Rp 3,867,100 | + 68% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 99 B/. (Rp 1,495,580) | Rp 1,394,900 | + 7% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (Rp 117,873) | Rp 56,742 | + 108% | |
| Hourly rate for cleaning help | 11 B/. (Rp 160,036) | Rp 77,085 | + 108% | |
| Clothes | - 2% | |||
| Clothes in Panama is about the same as in Indonesia | ||||
| Panama | Indonesia | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 43 B/. (Rp 647,479) | Rp 617,575 | + 5% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 29 B/. (Rp 443,179) | Rp 462,428 | - 4% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 79 B/. (Rp 1,199,967) | Rp 1,181,040 | + 2% | |
| 1 pair of men’s leather business shoes | 83 B/. (Rp 1,246,597) | Rp 1,298,040 | - 4% | |
| Transportation | + 46% | |||
| Transportation in Panama is 46% more expensive than in Indonesia | ||||
| Panama | Indonesia | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 22,953 B/. (Rp 346,568,755) | Rp 522,330,000 | - 34% | |
| 1 liter (1/4 gallon) of gas | 1.46 B/. (Rp 22,081) | Rp 12,479 | + 77% | |
| Monthly ticket public transport | 40 B/. (Rp 596,879) | Rp 150,291 | + 297% | |
| Personal Care | + 197% | |||
| Personal Care in Panama is 197% more expensive than in Indonesia | ||||
| Panama | Indonesia | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 11 B/. (Rp 167,782) | Rp 36,367 | + 361% | |
| 1 box of antibiotics (12 doses) | 29 B/. (Rp 431,889) | Rp 60,467 | + 614% | |
| Short visit to private doctor (15 minutes) | 47 B/. (Rp 705,013) | Rp 364,923 | + 93% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (Rp 104,421) | Rp 130,123 | - 20% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 4.44 B/. (Rp 66,987) | Rp 21,655 | + 209% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (Rp 98,629) | Rp 34,558 | + 185% | |
| 4 rolls of toilet paper | 3.61 B/. (Rp 54,518) | Rp 30,035 | + 82% | |
| Tube of toothpaste | 3.54 B/. (Rp 53,497) | Rp 15,580 | + 243% | |
| Standard men's haircut in expat area of the city | 15 B/. (Rp 228,672) | Rp 88,350 | + 159% | |
| Entertainment | + 91% | |||
| Entertainment in Panama is 91% more expensive than in Indonesia | ||||
| Panama | Indonesia | Diff | ||
| Basic dinner out for two in neighborhood pub | 28 B/. (Rp 427,254) | Rp 216,012 | + 98% | |
| 2 tickets to the movies | 12 B/. (Rp 188,154) | Rp 104,481 | + 80% | |
| 2 tickets to the theater (best available seats) | 34 B/. (Rp 517,089) | Rp 300,249 | + 72% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 57 B/. (Rp 860,943) | Rp 383,761 | + 124% | |
| 1 cocktail drink in downtown club | 11 B/. (Rp 165,120) | Rp 162,937 | + 1% | |
| Cappuccino in expat area of the city | 5.46 B/. (Rp 82,445) | Rp 36,298 | + 127% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.82 B/. (Rp 42,506) | Rp 40,791 | + 4% | |
| Ipad wi-fi 128gb | 662 B/. (Rp 9,995,372) | Rp 9,505,300 | + 5% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (Rp 7,493) | Rp 2,029 | + 269% | |
| 1 month of gym membership in business district | 46 B/. (Rp 687,774) | Rp 496,553 | + 39% | |
| 1 package of marlboro cigarettes | 5.70 B/. (Rp 86,023) | Rp 35,112 | + 145% | |
| TOTAL | + 66% | |||
These prices were last updated on March 28, 2023.
Exchange rate:
15098.864
IDR
/
PAB
This comparison is based on abundant and consistent data. It is based on 1,513 prices entered by 177 different people.
Cost of living in Panama is 66% more expensive than in Indonesia
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