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 2.3 times more for restaurants
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.75
SYP9,422
|
$12.00
PAB12.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.50
SYP11,306
|
$8.25
PAB8.25
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.95
SYP2,387
|
$1.76
PAB1.76
|
|
| Bottle of water (11 fl. oz) |
$0.61
SYP1,539
|
$1.33
PAB1.33
|
|
pay 2.8 times more for groceries
|
Damascus
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.00
SYP2,513
|
$2.40
PAB2.40
|
|
| Local cheese (8 oz) |
$1.84
SYP4,630
|
$5.44
PAB5.44
|
|
| Milk (1 gallon) |
$4.00
SYP10,038
|
$6.66
PAB6.66
|
|
|
Eggs
1 dozen
|
$1.68
SYP4,216
|
$2.54
PAB2.54
|
|
| Boneless chicken breast (1 lb) |
$2.63
SYP6,604
|
$3.39
PAB3.39
|
|
| Apples (1 lb) |
$0.45
SYP1,127
|
$1.40
PAB1.40
|
|
| Bananas (1 lb) |
$0.73
SYP1,831
|
$0.62
PAB0.62
|
|
| Oranges (1 lb) |
$0.33
SYP826
|
$1.30
PAB1.30
|
|
| Tomatoes (1 lb) |
$0.32
SYP811
|
$1.41
PAB1.41
|
|
| Potatoes (1 lb) |
$0.25
SYP638
|
$0.94
PAB0.94
|
|
| Onions (1 lb) |
$0.20
SYP499
|
$0.97
PAB0.97
|
|
pay 2.5% more for transportation
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.70
SYP29,396
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$17.00
SYP42,713
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,000.00
SYP45,225,540
|
$22,250.00
PAB22,250.00
|
|
| Taxi trip in downtown area (5 miles) |
$13.00
SYP32,663
|
$14.00
PAB14.00
|
|
pay 2.6 times more for housing
|
Damascus
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$55.67
SYP139,864
|
$51.82
PAB51.82
|
|
| 1-Bedroom apartment in downtown area |
$270.43
SYP679,452
|
$925.91
PAB925.91
|
|
| 1-Bedroom apartment outside city center |
$135.00
SYP339,192
|
$598.61
PAB598.61
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$48.94
SYP122,966
|
$86.14
PAB86.14
|
|
pay 8.3 times more for childcare
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$51.88
SYP130,337
|
$408.12
PAB408.12
|
|
| Middle school for 1 child, two semesters |
$1,100.00
SYP2,763,783
|
$9,675.75
PAB9,675.75
|
|
pay 2.5 times more for entertainment and sports
|
Damascus
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
SYP3,769
|
$2.50
PAB2.50
|
|
| Cappuccino in mid-range area |
$1.30
SYP3,266
|
$3.70
PAB3.70
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.00
SYP7,538
|
$5.75
PAB5.75
|
|
| Monthly membership at local gym |
$12.14
SYP30,509
|
$40.93
PAB40.93
|
|
| Movie ticket to theater/cinema |
$2.75
SYP6,909
|
$7.00
PAB7.00
|
|
pay 81.1% more for clothing
|
Damascus
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$29.00
SYP72,863
|
$53.94
PAB53.94
|
|
|
Regular dress
from H&M or similar store
|
$29.80
SYP74,873
|
$40.79
PAB40.79
|
|
|
Running shoes
Nike or Adidas
|
$40.75
SYP102,386
|
$82.58
PAB82.58
|
|
| Men's business shoes (leather) |
$46.67
SYP117,251
|
$92.86
PAB92.86
|
|
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