Cost of living in United States compared to Panama
Currency:
Food | + 54% | |||
---|---|---|---|---|
Food in United States is 54% more expensive than in Panama | ||||
United States | Panama | Diff | ||
Basic lunchtime menu (including a drink) in the business district | $20 (20 B/.) | 13 B/. | + 46% | |
Combo meal in fast food restaurant (big mac meal or similar) | $11 (11 B/.) | 7 B/. | + 48% | |
500 gr (1 lb.) of boneless chicken breast | $5.71 (5.71 B/.) | 3.80 B/. | + 50% | |
1 liter (1 qt.) of whole fat milk | $1.07 (1.07 B/.) | 1.73 B/. | - 38% | |
12 eggs, large | $4.55 (4.55 B/.) | 3.37 B/. | + 35% | |
1 kg (2 lb.) of tomatoes | $4.57 (4.57 B/.) | 2.48 B/. | + 84% | |
500 gr (16 oz.) of local cheese | $7 (7 B/.) | 6 B/. | + 18% | |
1 kg (2 lb.) of apples | $4.42 (4.42 B/.) | 2.66 B/. | + 66% | |
1 kg (2 lb.) of potatoes | $2.22 (2.22 B/.) | 2.34 B/. | - 5% | |
0.5 l (16 oz) domestic beer in the supermarket | $3.00 (3.00 B/.) | 0.95 B/. | + 216% | |
1 bottle of red table wine, good quality | $16 (16 B/.) | 11 B/. | + 44% | |
2 liters of coca-cola | $2.94 (2.94 B/.) | 2.56 B/. | + 15% | |
Bread for 2 people for 1 day | $2.81 (2.81 B/.) | 1.27 B/. | + 120% | |
Housing | + 142% | |||
Housing in United States is 142% more expensive than in Panama | ||||
United States | Panama | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $3,015 (3,016 B/.) | 1,244 B/. | + 142% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $2,323 (2,323 B/.) | 790 B/. | + 194% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $223 (223 B/.) | 115 B/. | + 94% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $2,055 (2,055 B/.) | 755 B/. | + 172% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $1,566 (1,566 B/.) | 507 B/. | + 209% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $149 (149 B/.) | 98 B/. | + 52% | |
Internet 8 mbps (1 month) | $64 (64 B/.) | 36 B/. | + 80% | |
40” flat screen tv | $293 (293 B/.) | 308 B/. | - 5% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $147 (147 B/.) | 98 B/. | + 50% | |
Laundry detergent (3 l. ~ 100 oz.) | $14 (14 B/.) | 7 B/. | + 93% | |
Hourly rate for cleaning help | $30 (30 B/.) | 10 B/. | + 193% | |
Clothes | + 41% | |||
Clothes in United States is 41% more expensive than in Panama | ||||
United States | Panama | Diff | ||
1 pair of jeans (levis 501 or similar) | $57 (57 B/.) | 49 B/. | + 17% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | $53 (53 B/.) | 33 B/. | + 57% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | $97 (97 B/.) | 87 B/. | + 11% | |
1 pair of men’s leather business shoes | $131 (131 B/.) | 79 B/. | + 65% | |
Transportation | + 91% | |||
Transportation in United States is 91% more expensive than in Panama | ||||
United States | Panama | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $28,441 (28,443 B/.) | 22,809 B/. | + 25% | |
1 liter (1/4 gallon) of gas | $0.98 (0.98 B/.) | 1.08 B/. | - 9% | |
Monthly ticket public transport | $74 (74 B/.) | 25 B/. | + 194% | |
Personal Care | + 74% | |||
Personal Care in United States is 74% more expensive than in Panama | ||||
United States | Panama | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $10 (10 B/.) | 8 B/. | + 14% | |
1 box of antibiotics (12 doses) | $21 (21 B/.) | 17 B/. | + 24% | |
Short visit to private doctor (15 minutes) | $142 (142 B/.) | 29 B/. | + 387% | |
1 box of 32 tampons (tampax, ob, ...) | $9 (9 B/.) | 5.50 B/. | + 69% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | $4.94 (4.94 B/.) | 3.21 B/. | + 54% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $7 (7 B/.) | 7 B/. | - 3% | |
4 rolls of toilet paper | $4.94 (4.94 B/.) | 2.68 B/. | + 84% | |
Tube of toothpaste | $2.35 (2.35 B/.) | 2.72 B/. | - 14% | |
Standard men's haircut in expat area of the city | $30 (30 B/.) | 15 B/. | + 93% | |
Entertainment | + 50% | |||
Entertainment in United States is 50% more expensive than in Panama | ||||
United States | Panama | Diff | ||
Basic dinner out for two in neighborhood pub | $57 (57 B/.) | 34 B/. | + 68% | |
2 tickets to the movies | $30 (30 B/.) | 12 B/. | + 144% | |
2 tickets to the theater (best available seats) | $204 (204 B/.) | 36 B/. | + 476% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $99 (99 B/.) | 58 B/. | + 72% | |
1 cocktail drink in downtown club | $15 (15 B/.) | 10 B/. | + 47% | |
Cappuccino in expat area of the city | $5.57 (5.57 B/.) | 4.92 B/. | + 13% | |
1 beer in neighbourhood pub (500ml or 1pt.) | $7 (7 B/.) | 2.83 B/. | + 157% | |
Ipad wi-fi 128gb | $514 (514 B/.) | 663 B/. | - 22% | |
1 min. of prepaid mobile tariff (no discounts or plans) | $0.37 (0.37 B/.) | 0.29 B/. | + 29% | |
1 month of gym membership in business district | $67 (67 B/.) | 49 B/. | + 36% | |
1 package of marlboro cigarettes | $10 (10 B/.) | 5.65 B/. | + 81% | |
TOTAL | + 85% |
These prices were last updated on March 19, 2024.
Exchange rate:
1.000
PAB
/
USD
This comparison is based on abundant and consistent data. It is based on 18,905 prices entered by 2,425 different people.
Cost of living in United States is 85% more expensive than in Panama
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