Cost of living comparison
Panama City is 6.6% more expensive than Athens.
- Restaurants
-
pay 28.3% more in Panama City
- Groceries
-
pay 38.1% more in Panama City
- Transportation
-
pay 18.4% less in Panama City
- Housing
-
pay 29.7% more in Panama City
- Childcare
-
pay 5.6% less in Panama City
- Entertainment and Sports
-
pay 13.2% less in Panama City
- Clothing
-
pay 12.8% less in Panama City
The cost of groceries, housing, and restaurants in Panama City are more expensive than in Athens. Expenses including transportation, entertainment and sports, clothing, and childcare are lower in Panama City.
If you lived in Panama City instead of Athens, you would:
pay 28.3% more for restaurants
|
Athens
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€13.92
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.65
€8.35
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.06
€1.78
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$0.55
€0.47
|
$1.41
PAB1.41
|
|
pay 38.1% more for groceries
|
Athens
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.27
€1.10
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$6.59
€5.71
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$6.29
€5.45
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$4.50
€3.90
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$4.89
€4.23
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$0.93
€0.80
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.89
€0.77
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.60
€0.52
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$0.93
€0.80
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.57
€0.49
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.53
€0.46
|
$1.15
PAB1.15
|
|
pay 18.4% less for transportation
|
Athens
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.64
€6.61
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$30.01
€25.98
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,384.48
€26,308.04
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$12.86
€11.14
|
$16.71
PAB16.71
|
|
pay 29.7% more for housing
|
Athens
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$32.55
€28.18
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$634.68
€549.53
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$557.32
€482.55
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$153.41
€132.83
|
$94.84
PAB94.84
|
|
pay 5.6% less for childcare
|
Athens
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$463.20
€401.06
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$10,722.29
€9,283.77
|
$10,092.67
PAB10,092.67
|
|
pay 13.2% less for entertainment and sports
|
Athens
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.36
€4.64
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$3.71
€3.21
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.88
€4.22
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$49.36
€42.74
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$9.65
€8.35
|
$7.00
PAB7.00
|
|
pay 12.8% less for clothing
|
Athens
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.11
€74.56
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$38.32
€33.18
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$93.75
€81.18
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$115.38
€99.90
|
$108.75
PAB108.75
|
|
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