Cost of living comparison
Panama is 23.1% cheaper than Andorra.
If you lived in Panama instead of Andorra, you would:
pay 29.5% less for restaurants
Andorra
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$14.85
€13.66
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$11.23
€10.33
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.93
€1.77
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$1.48
€1.36
|
$1.16
PAB1.16
|
|
pay 14.8% more for groceries
Andorra
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.25
€1.15
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$6.15
€5.66
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$4.30
€3.95
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$2.47
€2.27
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$4.41
€4.06
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$1.24
€1.14
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$0.98
€0.90
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$0.98
€0.90
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$1.47
€1.35
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$0.74
€0.68
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.76
€0.70
|
$0.95
PAB0.95
|
|
pay 26.8% less for transportation
Andorra
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.00
€6.43
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$40.74
€37.46
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,576.76
€18,922.03
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$19.07
€17.54
|
$14.78
PAB14.78
|
|
pay 25.6% less for housing
Andorra
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$49.32
€45.35
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$1,056.42
€971.47
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$864.08
€794.59
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.35
€75.73
|
$65.23
PAB65.23
|
|
pay 49.1% less for childcare
Andorra
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$579.48
€532.88
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$14,196.10
€13,054.49
|
$6,443.94
PAB6,443.94
|
|
pay 10.9% less for entertainment and sports
Andorra
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.53
€3.24
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$2.84
€2.61
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$6.24
€5.74
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$53.77
€49.44
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$9.60
€8.83
|
$5.75
PAB5.75
|
|
pay 34.4% less for clothing
Andorra
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$96.01
€88.29
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$43.47
€39.98
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$109.30
€100.51
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$125.61
€115.51
|
$78.30
PAB78.30
|
|
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