Cost of living comparison
Panama is 8.4% more expensive than Czech Republic overall.
- Restaurants
-
pay 0.8% less in Panama
- Groceries
-
pay 55.2% more in Panama
- Transportation
-
pay 3.5% less in Panama
- Housing
-
pay 31.8% more in Panama
- Childcare
-
pay 17.4% less in Panama
- Entertainment and Sports
-
pay 0.6% less in Panama
- Clothing
-
pay 5.7% less in Panama
The cost of groceries and housing in Panama are more expensive than in Czech Republic. Expenses including childcare, clothing, transportation, restaurants, and entertainment and sports are lower in Panama.
If you lived in Panama instead of Czech Republic, you would:
pay 0.8% less for restaurants
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.70
CZK187.20
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.61
CZK185.19
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
CZK38.75
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.35
CZK32.85
|
$1.17
PAB1.17
|
|
pay 55.2% more for groceries
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.29
CZK31.31
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.47
CZK132.94
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.90
CZK94.74
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.64
CZK64.25
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.73
CZK90.64
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.62
CZK15.00
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.71
CZK17.23
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.88
CZK21.34
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.29
CZK31.44
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.51
CZK12.28
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.46
CZK11.31
|
$1.01
PAB1.01
|
|
pay 3.5% less for transportation
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.95
CZK144.82
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$21.06
CZK512.37
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,453.98
CZK765,077.08
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$11.74
CZK285.53
|
$16.61
PAB16.61
|
|
pay 31.8% more for housing
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$18.70
CZK454.75
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$610.48
CZK14,849.09
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$493.17
CZK11,995.70
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$198.15
CZK4,819.72
|
$69.20
PAB69.20
|
|
pay 17.4% less for childcare
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$363.72
CZK8,846.97
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$7,967.34
CZK193,795.30
|
$6,548.17
PAB6,548.17
|
|
pay 0.6% less for entertainment and sports
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.90
CZK46.20
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.60
CZK63.24
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.46
CZK157.20
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$47.23
CZK1,148.70
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$8.95
CZK217.61
|
$5.33
PAB5.33
|
|
pay 5.7% less for clothing
|
Czech Republic
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$69.75
CZK1,696.46
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$31.40
CZK763.67
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$80.03
CZK1,946.71
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$103.55
CZK2,518.73
|
$100.42
PAB100.42
|
|
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