Cost of living comparison
Panama is 21.3% more expensive than Gabon overall.
- Restaurants
-
pay 17.2% less in Panama
- Groceries
-
pay 6.7% more in Panama
- Transportation
-
pay 17.0% more in Panama
- Housing
-
pay 10.7% less in Panama
- Childcare
-
pay 89.2% more in Panama
- Entertainment and Sports
-
pay 54.1% more in Panama
- Clothing
-
pay 10.1% more in Panama
The cost of childcare, entertainment and sports, transportation, clothing, and groceries in Panama are more expensive than in Gabon. Expenses including restaurants and housing are lower in Panama. Notably, childcare is significantly more expensive in Panama.
If you lived in Panama instead of Gabon, you would:
pay 17.2% less for restaurants
|
Gabon
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.34
FCFA9,436
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.25
FCFA7,077
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.23
FCFA708
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.31
FCFA755
|
$1.17
PAB1.17
|
|
pay 6.7% more for groceries
|
Gabon
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.42
FCFA818
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$3.40
FCFA1,966
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$9.78
FCFA5,648
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.39
FCFA1,958
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.11
FCFA1,798
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.43
FCFA828
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.16
FCFA671
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.43
FCFA828
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.94
FCFA542
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$1.04
FCFA599
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.11
FCFA642
|
$1.01
PAB1.01
|
|
pay 17.0% more for transportation
|
Gabon
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.89
FCFA2,246
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$44.93
FCFA25,950
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,776.16
FCFA16,041,529
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$6.82
FCFA3,940
|
$16.61
PAB16.61
|
|
pay 10.7% less for housing
|
Gabon
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.08
FCFA39,317
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$844.18
FCFA487,537
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$490.17
FCFA283,086
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$83.30
FCFA48,106
|
$69.20
PAB69.20
|
|
pay 89.2% more for childcare
|
Gabon
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$118.46
FCFA68,412
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$5,310.15
FCFA3,066,763
|
$6,548.17
PAB6,548.17
|
|
pay 54.1% more for entertainment and sports
|
Gabon
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.98
FCFA566
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$4.25
FCFA2,453
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.45
FCFA1,415
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$57.19
FCFA33,027
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$4.50
FCFA2,601
|
$5.33
PAB5.33
|
|
pay 10.1% more for clothing
|
Gabon
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$65.36
FCFA37,745
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$73.53
FCFA42,463
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$44.93
FCFA25,950
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$71.89
FCFA41,519
|
$100.42
PAB100.42
|
|
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