Cost of living comparison
Panama is 2.9 times more expensive than Iran.
If you lived in Panama instead of Iran, you would:
pay 90.8% more for restaurants
Iran
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.77
IRR158,509
|
$8.45
PAB8.45
|
|
Fast food combo meal
McDonalds, or similar
|
$3.72
IRR156,512
|
$7.90
PAB7.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.85
IRR35,759
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.81
IRR33,901
|
$1.17
PAB1.17
|
|
pay 3.1 times more for groceries
Iran
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.50
IRR20,951
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$2.06
IRR86,705
|
$5.66
PAB5.66
|
|
Milk (1 gallon) |
$2.72
IRR114,476
|
$6.43
PAB6.43
|
|
Eggs
1 dozen
|
$1.20
IRR50,705
|
$2.53
PAB2.53
|
|
Boneless chicken breast (1 lb) |
$1.58
IRR66,682
|
$3.54
PAB3.54
|
|
Apples (1 lb) |
$0.47
IRR19,619
|
$2.12
PAB2.12
|
|
Bananas (1 lb) |
$0.75
IRR31,695
|
$0.61
PAB0.61
|
|
Oranges (1 lb) |
$0.49
IRR20,439
|
$1.29
PAB1.29
|
|
Tomatoes (1 lb) |
$0.30
IRR12,800
|
$1.16
PAB1.16
|
|
Potatoes (1 lb) |
$0.26
IRR10,893
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.24
IRR10,038
|
$1.01
PAB1.01
|
|
pay 2.4 times more for transportation
Iran
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.50
IRR105,215
|
$3.92
PAB3.92
|
|
Monthly public transit pass |
$11.01
IRR463,292
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$70,890.26
IRR2,983,948,367
|
$18,916.67
PAB18,916.67
|
|
Taxi trip in downtown area (5 miles) |
$2.96
IRR124,763
|
$16.61
PAB16.61
|
|
pay 3.6 times more for housing
Iran
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$11.98
IRR504,250
|
$47.61
PAB47.61
|
|
1-Bedroom apartment in downtown area |
$337.20
IRR14,193,543
|
$747.76
PAB747.76
|
|
1-Bedroom apartment outside city center |
$231.30
IRR9,736,159
|
$567.84
PAB567.84
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$12.31
IRR518,198
|
$69.20
PAB69.20
|
|
pay 5.0 times more for childcare
Iran
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$88.94
IRR3,743,674
|
$302.08
PAB302.08
|
|
Middle school for 1 child, two semesters |
$1,004.45
IRR42,279,609
|
$6,548.17
PAB6,548.17
|
|
pay 2.9 times more for entertainment and sports
Iran
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.81
IRR34,250
|
$1.95
PAB1.95
|
|
Cappuccino in mid-range area |
$1.24
IRR52,346
|
$3.39
PAB3.39
|
|
Pack of cigarettes
Marlboro or similar
|
$1.96
IRR82,616
|
$5.38
PAB5.38
|
|
Monthly membership at local gym |
$17.71
IRR745,446
|
$57.20
PAB57.20
|
|
Movie ticket to theater/cinema |
$1.59
IRR66,817
|
$5.33
PAB5.33
|
|
pay 23.0% more for clothing
Iran
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$33.35
IRR1,403,980
|
$47.41
PAB47.41
|
|
Regular dress
from H&M or similar store
|
$29.13
IRR1,226,076
|
$34.81
PAB34.81
|
|
Running shoes
Nike or Adidas
|
$104.63
IRR4,404,180
|
$81.21
PAB81.21
|
|
Men's business shoes (leather) |
$65.71
IRR2,765,898
|
$100.42
PAB100.42
|
|
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