Cost of living comparison
Panama is 57.8% more expensive than Georgia overall.
- Restaurants
-
pay 60.1% more in Panama
- Groceries
-
pay 2.1 times more in Panama
- Transportation
-
pay 61.1% more in Panama
- Housing
-
pay 90.7% more in Panama
- Childcare
-
pay 60.9% more in Panama
- Entertainment and Sports
-
pay 36.3% more in Panama
- Clothing
-
pay 15.2% less in Panama
The cost of groceries, housing, transportation, childcare, restaurants, and entertainment and sports in Panama are more expensive than in Georgia. Notably, groceries and housing are significantly more expensive in Panama.
If you lived in Panama instead of Georgia, you would:
pay 60.1% more for restaurants
|
Georgia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.82
GEL27.00
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.91
GEL21.75
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.83
GEL2.29
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.43
GEL1.19
|
$1.17
PAB1.17
|
|
pay 2.1 times more for groceries
|
Georgia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.60
GEL1.66
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$3.99
GEL10.98
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$7.10
GEL19.53
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.30
GEL6.33
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.62
GEL7.21
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.53
GEL1.47
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.74
GEL2.04
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.71
GEL1.96
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.68
GEL1.87
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.29
GEL0.79
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.33
GEL0.90
|
$1.01
PAB1.01
|
|
pay 61.1% more for transportation
|
Georgia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.48
GEL12.33
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$13.38
GEL36.81
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,514.71
GEL56,435.96
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$5.97
GEL16.44
|
$16.61
PAB16.61
|
|
pay 90.7% more for housing
|
Georgia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$15.81
GEL43.49
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$472.27
GEL1,299.21
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$323.81
GEL890.81
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$54.01
GEL148.59
|
$69.20
PAB69.20
|
|
pay 60.9% more for childcare
|
Georgia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$199.75
GEL549.53
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$3,840.26
GEL10,564.55
|
$6,548.17
PAB6,548.17
|
|
pay 36.3% more for entertainment and sports
|
Georgia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.54
GEL4.25
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.45
GEL6.75
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.92
GEL8.04
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$39.78
GEL109.43
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$5.96
GEL16.38
|
$5.33
PAB5.33
|
|
pay 15.2% less for clothing
|
Georgia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$62.01
GEL170.60
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$41.33
GEL113.71
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$100.06
GEL275.25
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$103.32
GEL284.23
|
$100.42
PAB100.42
|
|
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