Cost of living comparison
Panama is 3.5 times more expensive than India.
If you lived in Panama instead of India, you would:
pay 4.1 times more for restaurants
|
India
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.40
₹203.89
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.90
₹331.53
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.40
₹33.66
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.17
₹14.11
|
$1.17
PAB1.17
|
|
pay 3.5 times more for groceries
|
India
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.46
₹39.13
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$2.54
₹215.64
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$2.56
₹217.43
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$0.94
₹79.79
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$1.37
₹116.04
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.88
₹75.05
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.32
₹27.56
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.48
₹40.45
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.24
₹20.50
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.16
₹13.89
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.19
₹15.94
|
$1.01
PAB1.01
|
|
pay 2.6 times more for transportation
|
India
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.62
₹392.17
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$10.12
₹860.00
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$13,525.56
₹1,148,980.51
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$2.94
₹249.64
|
$16.61
PAB16.61
|
|
pay 5.1 times more for housing
|
India
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$7.39
₹627.36
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$138.05
₹11,727.47
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$90.33
₹7,673.61
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.97
₹2,545.81
|
$69.20
PAB69.20
|
|
pay 4.8 times more for childcare
|
India
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$55.73
₹4,734.08
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$1,565.54
₹132,990.75
|
$6,548.17
PAB6,548.17
|
|
pay 2.0 times more for entertainment and sports
|
India
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.84
₹155.97
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.59
₹134.77
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.59
₹305.00
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$15.33
₹1,302.31
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$3.35
₹284.78
|
$5.33
PAB5.33
|
|
pay 2.1 times more for clothing
|
India
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.02
₹2,040.73
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$25.36
₹2,154.52
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$41.62
₹3,535.32
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$31.12
₹2,643.32
|
$100.42
PAB100.42
|
|
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