Cost of living comparison
Panama is 55.8% more expensive than Argentina overall.
- Restaurants
-
pay 12.1% more in Panama
- Groceries
-
pay 61.8% more in Panama
- Transportation
-
pay 32.2% more in Panama
- Housing
-
pay 2.3 times more in Panama
- Childcare
-
pay 2.0 times more in Panama
- Entertainment and Sports
-
pay 82.5% more in Panama
- Clothing
-
pay 28.6% less in Panama
The cost of housing, childcare, entertainment and sports, groceries, transportation, and restaurants in Panama are more expensive than in Argentina. Notably, housing, childcare, and entertainment and sports are significantly more expensive in Panama.
If you lived in Panama instead of Argentina, you would:
pay 12.1% more for restaurants
|
Argentina
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.59
ARS9,778.01
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.73
ARS7,658.10
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.32
ARS1,503.76
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.00
ARS1,140.95
|
$1.17
PAB1.17
|
|
pay 61.8% more for groceries
|
Argentina
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.43
ARS1,624.85
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$3.84
ARS4,364.80
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$4.28
ARS4,868.91
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$1.79
ARS2,038.86
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.64
ARS3,005.53
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.91
ARS1,030.84
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.85
ARS964.91
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.64
ARS733.16
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.01
ARS1,145.51
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.46
ARS527.77
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.46
ARS519.92
|
$1.01
PAB1.01
|
|
pay 32.2% more for transportation
|
Argentina
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.66
ARS4,166.12
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$13.28
ARS15,109.03
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,930.00
ARS32,921,474.99
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$9.90
ARS11,261.64
|
$16.61
PAB16.61
|
|
pay 2.3 times more for housing
|
Argentina
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$19.37
ARS22,039.14
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$303.40
ARS345,264.14
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$221.72
ARS252,305.64
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.92
ARS47,707.53
|
$69.20
PAB69.20
|
|
pay 2.0 times more for childcare
|
Argentina
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$173.69
ARS197,651.18
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$2,841.72
ARS3,233,791.56
|
$6,548.17
PAB6,548.17
|
|
pay 82.5% more for entertainment and sports
|
Argentina
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.81
ARS2,058.88
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.09
ARS2,374.22
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.36
ARS2,682.76
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$18.92
ARS21,527.93
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$4.76
ARS5,421.01
|
$5.33
PAB5.33
|
|
pay 28.6% less for clothing
|
Argentina
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$79.59
ARS90,575.46
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$69.14
ARS78,683.25
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$107.64
ARS122,489.36
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$100.20
ARS114,020.73
|
$100.42
PAB100.42
|
|
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