Cost of living comparison
Panama is 2.5 times more expensive than Eritrea overall.
- Restaurants
-
pay 12.5% less in Panama
- Groceries
-
pay 67.3% more in Panama
- Transportation
-
pay 68.8% more in Panama
- Housing
-
pay 63.0% more in Panama
- Childcare
-
pay 8.0 times more in Panama
- Entertainment and Sports
-
pay 3.2 times more in Panama
- Clothing
-
pay 37.5% less in Panama
The cost of childcare, entertainment and sports, transportation, groceries, and housing in Panama are more expensive than in Eritrea. Expenses including clothing and restaurants are lower in Panama. Notably, childcare and entertainment and sports are significantly more expensive in Panama.
If you lived in Panama instead of Eritrea, you would:
pay 12.5% less for restaurants
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.14
ERN272.04
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.99
ERN89.85
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.83
ERN27.50
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.33
ERN20.00
|
$1.17
PAB1.17
|
|
pay 67.3% more for groceries
|
Eritrea
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.50
ERN7.50
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$1.50
ERN22.50
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$6.14
ERN92.11
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$4.52
ERN67.80
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$12.17
ERN182.57
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$5.54
ERN83.16
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.58
ERN8.69
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.86
ERN12.85
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.55
ERN8.32
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.80
ERN11.94
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.48
ERN7.26
|
$1.01
PAB1.01
|
|
pay 68.8% more for transportation
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.83
ERN132.49
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$8.00
ERN120.00
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$66,666.00
ERN999,990.00
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$5.73
ERN85.99
|
$16.61
PAB16.61
|
|
pay 63.0% more for housing
|
Eritrea
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$200.00
ERN3,000.00
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$475.00
ERN7,125.00
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$400.00
ERN6,000.00
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$21.03
ERN315.44
|
$69.20
PAB69.20
|
|
pay 8.0 times more for childcare
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$25.00
ERN375.00
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$1,675.00
ERN25,125.00
|
$6,548.17
PAB6,548.17
|
|
pay 3.2 times more for entertainment and sports
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.00
ERN15.00
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$0.77
ERN11.58
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
ERN30.00
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$27.00
ERN405.00
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$1.10
ERN16.50
|
$5.33
PAB5.33
|
|
pay 37.5% less for clothing
|
Eritrea
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.50
ERN1,237.50
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$75.00
ERN1,125.00
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$200.00
ERN3,000.00
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$95.00
ERN1,425.00
|
$100.42
PAB100.42
|
|
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