Cost of living comparison
Panama is 1.0% cheaper than Guyana.
If you lived in Panama instead of Guyana, you would:
pay 13.6% more for restaurants
|
Guyana
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.88
GYD2,491.66
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.55
GYD1,794.00
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
GYD254.15
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.71
GYD149.50
|
$1.17
PAB1.17
|
|
pay 6.8% less for groceries
|
Guyana
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
GYD420.74
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.36
GYD1,123.50
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$12.31
GYD2,582.38
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.41
GYD714.28
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.63
GYD551.26
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.78
GYD373.89
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.20
GYD252.55
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.70
GYD356.19
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$2.05
GYD429.07
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.71
GYD148.20
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.93
GYD195.31
|
$1.01
PAB1.01
|
|
pay 9.1% less for transportation
|
Guyana
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.00
GYD839.44
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$28.51
GYD5,979.99
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,680.67
GYD3,288,992.09
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$28.99
GYD6,079.65
|
$16.61
PAB16.61
|
|
pay 28.6% more for housing
|
Guyana
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.18
GYD12,832.05
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$617.07
GYD129,430.16
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$281.14
GYD58,969.30
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.00
GYD12,794.68
|
$69.20
PAB69.20
|
|
pay 68.7% less for childcare
|
Guyana
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$876.83
GYD183,913.82
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$23,225.94
GYD4,871,600.66
|
$6,548.17
PAB6,548.17
|
|
pay 32.3% more for entertainment and sports
|
Guyana
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.14
GYD448.50
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.88
GYD813.94
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.19
GYD458.47
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$38.81
GYD8,139.42
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$5.94
GYD1,245.83
|
$5.33
PAB5.33
|
|
pay 3.2% more for clothing
|
Guyana
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.01
GYD7,973.31
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$52.27
GYD10,963.31
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$83.63
GYD17,541.29
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$80.78
GYD16,943.29
|
$100.42
PAB100.42
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama or Guyana. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.