Cost of living comparison
Panama City is 3.0 times more expensive than Damascus.
If you lived in Panama City instead of Damascus, you would:
pay 2.2 times more for restaurants
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.00
SYP65,010
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
SYP65,010
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.05
SYP13,652
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$0.54
SYP7,086
|
$1.41
PAB1.41
|
|
pay 2.7 times more for groceries
|
Damascus
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.63
SYP8,217
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$1.67
SYP21,752
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$4.05
SYP52,594
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$1.97
SYP25,571
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$3.01
SYP39,106
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$0.46
SYP5,918
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.96
SYP12,544
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.46
SYP5,963
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$0.39
SYP5,065
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.27
SYP3,476
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.28
SYP3,593
|
$1.15
PAB1.15
|
|
pay 7.3% more for transportation
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$15.92
SYP207,051
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$17.00
SYP221,034
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,500.00
SYP240,537,000
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$11.00
SYP143,022
|
$16.71
PAB16.71
|
|
pay 2.8 times more for housing
|
Damascus
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.75
SYP867,884
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$282.23
SYP3,669,607
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$145.72
SYP1,894,661
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.53
SYP695,989
|
$94.84
PAB94.84
|
|
pay 7.6 times more for childcare
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$48.33
SYP628,430
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$1,650.00
SYP21,453,300
|
$10,092.67
PAB10,092.67
|
|
pay 2.6 times more for entertainment and sports
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.25
SYP16,252
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$1.27
SYP16,578
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.00
SYP39,006
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$13.30
SYP172,927
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$3.00
SYP39,006
|
$7.00
PAB7.00
|
|
pay 95.9% more for clothing
|
Damascus
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$22.00
SYP286,044
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$23.50
SYP305,547
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$47.50
SYP617,595
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$56.25
SYP731,362
|
$108.75
PAB108.75
|
|
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