Cost of living comparison
Panama is 66.2% more expensive than Bolivia overall.
- Restaurants
-
pay 78.5% more in Panama
- Groceries
-
pay 90.9% more in Panama
- Transportation
-
pay 33.6% more in Panama
- Housing
-
pay 2.1 times more in Panama
- Childcare
-
pay 85.1% more in Panama
- Entertainment and Sports
-
pay 39.3% more in Panama
- Clothing
-
pay 25.0% more in Panama
The cost of housing, groceries, childcare, restaurants, entertainment and sports, and transportation in Panama are more expensive than in Bolivia. Notably, housing, groceries, and childcare are significantly more expensive in Panama.
If you lived in Panama instead of Bolivia, you would:
pay 78.5% more for restaurants
|
Bolivia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.05
BOB21.08
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.91
BOB47.73
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.94
BOB6.49
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.74
BOB5.08
|
$1.17
PAB1.17
|
|
pay 90.9% more for groceries
|
Bolivia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.27
BOB8.75
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$2.34
BOB16.18
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.62
BOB25.02
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$1.94
BOB13.38
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$1.55
BOB10.68
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.95
BOB6.58
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.45
BOB3.08
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.54
BOB3.72
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.63
BOB4.35
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.62
BOB4.29
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.49
BOB3.38
|
$1.01
PAB1.01
|
|
pay 33.6% more for transportation
|
Bolivia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.00
BOB13.84
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$25.96
BOB179.36
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,221.21
BOB112,078.08
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$13.22
BOB91.37
|
$16.61
PAB16.61
|
|
pay 2.1 times more for housing
|
Bolivia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$45.11
BOB311.69
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$339.61
BOB2,346.46
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$201.58
BOB1,392.79
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.25
BOB202.09
|
$69.20
PAB69.20
|
|
pay 85.1% more for childcare
|
Bolivia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$177.46
BOB1,226.16
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$3,275.34
BOB22,630.52
|
$6,548.17
PAB6,548.17
|
|
pay 39.3% more for entertainment and sports
|
Bolivia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.78
BOB12.27
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.57
BOB17.78
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.60
BOB17.98
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$34.68
BOB239.61
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$6.37
BOB44.01
|
$5.33
PAB5.33
|
|
pay 25.0% more for clothing
|
Bolivia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$41.88
BOB289.37
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$48.40
BOB334.44
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$61.94
BOB427.98
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$54.65
BOB377.57
|
$100.42
PAB100.42
|
|
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