Cost of living in Argentina compared to Panama
Currency:
Food | - 9% | |||
---|---|---|---|---|
Food in Argentina is 9% cheaper than in Panama | ||||
Argentina | Panama | Diff | ||
Basic lunchtime menu (including a drink) in the business district | ARS $3,170 (17 B/.) | 14 B/. | + 22% | |
Combo meal in fast food restaurant (big mac meal or similar) | ARS $1,682 (9 B/.) | 8 B/. | + 19% | |
500 gr (1 lb.) of boneless chicken breast | ARS $591 (3.18 B/.) | 3.91 B/. | - 19% | |
1 liter (1 qt.) of whole fat milk | ARS $219 (1.18 B/.) | 1.63 B/. | - 28% | |
12 eggs, large | ARS $407 (2.19 B/.) | 2.85 B/. | - 23% | |
1 kg (2 lb.) of tomatoes | ARS $357 (1.92 B/.) | 2.07 B/. | - 7% | |
500 gr (16 oz.) of local cheese | ARS $766 (4.12 B/.) | 7 B/. | - 43% | |
1 kg (2 lb.) of apples | ARS $450 (2.42 B/.) | 2.55 B/. | - 5% | |
1 kg (2 lb.) of potatoes | ARS $213 (1.14 B/.) | 1.96 B/. | - 42% | |
0.5 l (16 oz) domestic beer in the supermarket | ARS $280 (1.50 B/.) | 1.51 B/. | - 1% | |
1 bottle of red table wine, good quality | ARS $1,129 (6 B/.) | 13 B/. | - 54% | |
2 liters of coca-cola | ARS $423 (2.28 B/.) | 2.44 B/. | - 7% | |
Bread for 2 people for 1 day | ARS $158 (0.85 B/.) | 1.61 B/. | - 47% | |
Housing | - 50% | |||
Housing in Argentina is 50% cheaper than in Panama | ||||
Argentina | Panama | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ARS $124,598 (670 B/.) | 1,273 B/. | - 47% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ARS $81,048 (436 B/.) | 852 B/. | - 49% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ARS $10,504 (56 B/.) | 127 B/. | - 56% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ARS $87,995 (473 B/.) | 908 B/. | - 48% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ARS $52,460 (282 B/.) | 556 B/. | - 49% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ARS $8,693 (47 B/.) | 78 B/. | - 40% | |
Internet 8 mbps (1 month) | ARS $3,008 (16 B/.) | 46 B/. | - 65% | |
40” flat screen tv | ARS $85,263 (459 B/.) | 340 B/. | + 35% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ARS $41,322 (222 B/.) | 106 B/. | + 109% | |
Laundry detergent (3 l. ~ 100 oz.) | ARS $1,256 (7 B/.) | 8 B/. | - 19% | |
Hourly rate for cleaning help | ARS $709 (3.81 B/.) | 15 B/. | - 75% | |
Clothes | + 117% | |||
Clothes in Argentina is 117% more expensive than in Panama | ||||
Argentina | Panama | Diff | ||
1 pair of jeans (levis 501 or similar) | ARS $17,101 (92 B/.) | 48 B/. | + 93% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | ARS $12,012 (65 B/.) | 26 B/. | + 147% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | ARS $30,095 (162 B/.) | 79 B/. | + 105% | |
1 pair of men’s leather business shoes | ARS $25,265 (136 B/.) | 83 B/. | + 63% | |
Transportation | - 27% | |||
Transportation in Argentina is 27% cheaper than in Panama | ||||
Argentina | Panama | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ARS $4,962,250 (26,688 B/.) | 22,433 B/. | + 19% | |
1 liter (1/4 gallon) of gas | ARS $183 (0.99 B/.) | 1.29 B/. | - 24% | |
Monthly ticket public transport | ARS $3,552 (19 B/.) | 42 B/. | - 54% | |
Personal Care | - 52% | |||
Personal Care in Argentina is 52% cheaper than in Panama | ||||
Argentina | Panama | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ARS $1,260 (7 B/.) | 8 B/. | - 19% | |
1 box of antibiotics (12 doses) | ARS $2,033 (11 B/.) | 32 B/. | - 66% | |
Short visit to private doctor (15 minutes) | ARS $2,975 (16 B/.) | 62 B/. | - 74% | |
1 box of 32 tampons (tampax, ob, ...) | ARS $910 (4.90 B/.) | 9 B/. | - 45% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | ARS $519 (2.79 B/.) | 5.05 B/. | - 45% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ARS $680 (3.66 B/.) | 7 B/. | - 47% | |
4 rolls of toilet paper | ARS $459 (2.47 B/.) | 3.79 B/. | - 35% | |
Tube of toothpaste | ARS $413 (2.22 B/.) | 3.38 B/. | - 34% | |
Standard men's haircut in expat area of the city | ARS $1,755 (9 B/.) | 19 B/. | - 50% | |
Entertainment | + 3% | |||
Entertainment in Argentina is about the same as in Panama | ||||
Argentina | Panama | Diff | ||
Basic dinner out for two in neighborhood pub | ARS $4,437 (24 B/.) | 29 B/. | - 18% | |
2 tickets to the movies | ARS $1,836 (10 B/.) | 13 B/. | - 21% | |
2 tickets to the theater (best available seats) | ARS $5,667 (30 B/.) | 55 B/. | - 45% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ARS $6,667 (36 B/.) | 47 B/. | - 24% | |
1 cocktail drink in downtown club | ARS $1,350 (7 B/.) | 8 B/. | - 14% | |
Cappuccino in expat area of the city | ARS $829 (4.46 B/.) | 5.69 B/. | - 22% | |
1 beer in neighbourhood pub (500ml or 1pt.) | ARS $609 (3.27 B/.) | 2.75 B/. | + 19% | |
Ipad wi-fi 128gb | ARS $192,920 (1,038 B/.) | 651 B/. | + 59% | |
1 min. of prepaid mobile tariff (no discounts or plans) | ARS $53 (0.29 B/.) | 0.22 B/. | + 29% | |
1 month of gym membership in business district | ARS $7,133 (38 B/.) | 47 B/. | - 19% | |
1 package of marlboro cigarettes | ARS $459 (2.47 B/.) | 5.66 B/. | - 56% | |
TOTAL | - 23% |
These prices were last updated on January 27, 2023.
Exchange rate:
0.00538
PAB
/
ARS
*
This comparison is based on abundant and consistent data. It is based on 10,563 prices entered by 1,042 different people.
Cost of living in Argentina is 23% cheaper than in Panama
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