Cost of living comparison
Panama City is 15.7% cheaper than Berlin.
If you lived in Panama City instead of Berlin, you would:
pay 33.9% less for restaurants
|
Berlin
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.25
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.79
€11.18
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.88
€2.73
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$2.84
€2.69
|
$1.41
PAB1.41
|
|
pay 7.0% more for groceries
|
Berlin
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.96
€1.85
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$6.66
€6.32
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$4.57
€4.33
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$3.28
€3.11
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$5.41
€5.13
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.34
€1.28
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.83
€0.79
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.00
€0.95
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$1.85
€1.75
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.83
€0.78
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.80
€0.76
|
$1.15
PAB1.15
|
|
pay 45.5% less for transportation
|
Berlin
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.19
€6.82
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$52.52
€49.80
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,799.21
€30,157.16
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$29.37
€27.85
|
$16.71
PAB16.71
|
|
pay 21.9% less for housing
|
Berlin
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.99
€42.66
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$1,278.77
€1,212.74
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$938.86
€890.38
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$263.55
€249.94
|
$94.84
PAB94.84
|
|
pay 23.9% more for childcare
|
Berlin
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$306.98
€291.13
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$9,639.17
€9,141.42
|
$10,092.67
PAB10,092.67
|
|
pay 20.7% less for entertainment and sports
|
Berlin
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.29
€4.07
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$3.98
€3.78
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.11
€8.64
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$37.89
€35.93
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$13.66
€12.96
|
$7.00
PAB7.00
|
|
pay 18.6% less for clothing
|
Berlin
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.49
€81.08
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$40.99
€38.87
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$95.49
€90.56
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$138.30
€131.16
|
$108.75
PAB108.75
|
|
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