Cost of living comparison
Panama City is 24.8% cheaper than Douglas.
If you lived in Panama City instead of Douglas, you would:
pay 28.5% less for restaurants
|
Douglas
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.83
£20.47
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
£7.16
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.62
£2.08
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.87
£1.48
|
$1.41
PAB1.41
|
|
pay 15.2% more for groceries
|
Douglas
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.91
£1.51
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$3.41
£2.71
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$6.95
£5.51
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$3.74
£2.96
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$3.80
£3.01
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.13
£0.89
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.74
£0.58
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.03
£0.81
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$1.36
£1.08
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.74
£0.59
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.10
£0.87
|
$1.15
PAB1.15
|
|
pay 39.6% less for transportation
|
Douglas
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.66
£6.07
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$72.11
£57.15
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,288.44
£25,589.20
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$17.18
£13.61
|
$16.71
PAB16.71
|
|
pay 28.5% less for housing
|
Douglas
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.19
£54.04
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$1,183.91
£938.27
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$968.65
£767.68
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$209.19
£165.79
|
$94.84
PAB94.84
|
|
pay 54.0% less for childcare
|
Douglas
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,174.87
£931.11
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$18,512.04
£14,671.14
|
$10,092.67
PAB10,092.67
|
|
pay 41.8% less for entertainment and sports
|
Douglas
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.33
£5.02
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$5.05
£4.00
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$21.31
£16.89
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$52.74
£41.80
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$12.27
£9.72
|
$7.00
PAB7.00
|
|
pay 3.4% more for clothing
|
Douglas
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.51
£63.80
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$39.71
£31.47
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$90.84
£71.99
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$70.17
£55.61
|
$108.75
PAB108.75
|
|
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