Cost of living comparison
Panama City is 33.7% cheaper than Copenhagen.
- Restaurants
-
pay 46.6% less in Panama City
- Groceries
-
pay 17.9% less in Panama City
- Transportation
-
pay 55.0% less in Panama City
- Housing
-
pay 19.0% less in Panama City
- Childcare
-
pay 22.1% less in Panama City
- Entertainment and Sports
-
pay 40.0% less in Panama City
- Clothing
-
pay 35.4% less in Panama City
Expenses including transportation, restaurants, entertainment and sports, clothing, childcare, and housing are lower in Panama City.
If you lived in Panama City instead of Copenhagen, you would:
pay 46.6% less for restaurants
Copenhagen
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.56
DKK139.23
|
$13.25
PAB13.25
|
|
Fast food combo meal
McDonalds, or similar
|
$14.37
DKK92.82
|
$8.00
PAB8.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.78
DKK24.41
|
$1.86
PAB1.86
|
|
Bottle of water (11 fl. oz) |
$2.98
DKK19.23
|
$1.41
PAB1.41
|
|
pay 17.9% less for groceries
Copenhagen
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$3.78
DKK24.43
|
$2.51
PAB2.51
|
|
Local cheese (8 oz) |
$6.47
DKK41.79
|
$6.39
PAB6.39
|
|
Milk (1 gallon) |
$7.42
DKK47.94
|
$6.80
PAB6.80
|
|
Eggs
1 dozen
|
$4.75
DKK30.69
|
$2.68
PAB2.68
|
|
Boneless chicken breast (1 lb) |
$5.10
DKK32.93
|
$3.41
PAB3.41
|
|
Apples (1 lb) |
$1.41
DKK9.11
|
$1.48
PAB1.48
|
|
Bananas (1 lb) |
$1.42
DKK9.14
|
$0.72
PAB0.72
|
|
Oranges (1 lb) |
$1.51
DKK9.76
|
$1.24
PAB1.24
|
|
Tomatoes (1 lb) |
$2.12
DKK13.66
|
$1.40
PAB1.40
|
|
Potatoes (1 lb) |
$1.07
DKK6.91
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.90
DKK5.84
|
$1.15
PAB1.15
|
|
pay 55.0% less for transportation
Copenhagen
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.78
DKK50.26
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$100.30
DKK647.79
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$50,303.99
DKK324,875.77
|
$19,750.00
PAB19,750.00
|
|
Taxi trip in downtown area (5 miles) |
$24.43
DKK157.80
|
$16.71
PAB16.71
|
|
pay 19.0% less for housing
Copenhagen
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$36.84
DKK237.92
|
$52.10
PAB52.10
|
|
1-Bedroom apartment in downtown area |
$1,691.68
DKK10,925.26
|
$1,023.81
PAB1,023.81
|
|
1-Bedroom apartment outside city center |
$1,264.98
DKK8,169.58
|
$755.88
PAB755.88
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$151.98
DKK981.53
|
$94.84
PAB94.84
|
|
pay 22.1% less for childcare
Copenhagen
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$580.24
DKK3,747.35
|
$439.17
PAB439.17
|
|
Middle school for 1 child, two semesters |
$12,599.95
DKK81,373.65
|
$10,092.67
PAB10,092.67
|
|
pay 40.0% less for entertainment and sports
Copenhagen
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.62
DKK55.69
|
$3.00
PAB3.00
|
|
Cappuccino in mid-range area |
$6.19
DKK39.98
|
$3.59
PAB3.59
|
|
Pack of cigarettes
Marlboro or similar
|
$9.05
DKK58.48
|
$5.50
PAB5.50
|
|
Monthly membership at local gym |
$43.41
DKK280.32
|
$47.27
PAB47.27
|
|
Movie ticket to theater/cinema |
$18.68
DKK120.67
|
$7.00
PAB7.00
|
|
pay 35.4% less for clothing
Copenhagen
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$115.64
DKK746.84
|
$53.91
PAB53.91
|
|
Regular dress
from H&M or similar store
|
$48.78
DKK315.06
|
$37.78
PAB37.78
|
|
Running shoes
Nike or Adidas
|
$121.38
DKK783.87
|
$87.62
PAB87.62
|
|
Men's business shoes (leather) |
$174.89
DKK1,129.47
|
$108.75
PAB108.75
|
|
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