Cost of living comparison
Panama is 95.5% more expensive than Azerbaijan overall.
- Restaurants
-
pay 2.1 times more in Panama
- Groceries
-
pay 3.0 times more in Panama
- Transportation
-
pay 97.3% more in Panama
- Housing
-
pay 2.7 times more in Panama
- Childcare
-
pay 63.1% more in Panama
- Entertainment and Sports
-
pay 37.9% more in Panama
- Clothing
-
pay 3.5% less in Panama
The cost of groceries, housing, restaurants, transportation, childcare, and entertainment and sports in Panama are more expensive than in Azerbaijan. Notably, groceries, housing, and restaurants are significantly more expensive in Panama.
If you lived in Panama instead of Azerbaijan, you would:
pay 2.1 times more for restaurants
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.16
AZN12.17
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.08
AZN10.33
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.68
AZN1.15
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.33
AZN0.56
|
$1.17
PAB1.17
|
|
pay 3.0 times more for groceries
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.37
AZN0.64
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$2.25
AZN3.82
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$4.99
AZN8.49
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$1.27
AZN2.16
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$1.86
AZN3.17
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.38
AZN0.65
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.74
AZN1.25
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.60
AZN1.03
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.76
AZN1.29
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.25
AZN0.43
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.19
AZN0.32
|
$1.01
PAB1.01
|
|
pay 97.3% more for transportation
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.29
AZN3.89
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$13.53
AZN23.00
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,196.08
AZN34,333.33
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$4.90
AZN8.32
|
$16.61
PAB16.61
|
|
pay 2.7 times more for housing
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$12.53
AZN21.30
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$303.97
AZN516.74
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$222.12
AZN377.60
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.77
AZN62.51
|
$69.20
PAB69.20
|
|
pay 63.1% more for childcare
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$169.65
AZN288.40
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$4,419.31
AZN7,512.82
|
$6,548.17
PAB6,548.17
|
|
pay 37.9% more for entertainment and sports
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.32
AZN2.25
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.74
AZN4.65
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.53
AZN6.00
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$32.62
AZN55.45
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$5.88
AZN10.00
|
$5.33
PAB5.33
|
|
pay 3.5% less for clothing
|
Azerbaijan
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.10
AZN86.87
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$42.64
AZN72.49
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$102.53
AZN174.29
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$75.92
AZN129.06
|
$100.42
PAB100.42
|
|
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