Cost of living comparison
Panama is 23.6% more expensive than Jamaica.
If you lived in Panama instead of Jamaica, you would:
pay 17.9% more for restaurants
|
Jamaica
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.25
JMD1,154.31
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.80
JMD1,242.60
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.33
JMD211.90
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.85
JMD134.74
|
$1.17
PAB1.17
|
|
pay 12.0% less for groceries
|
Jamaica
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.62
JMD417.67
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.91
JMD942.14
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$13.43
JMD2,138.58
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.35
JMD533.23
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.97
JMD472.79
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$2.46
JMD392.18
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.21
JMD191.96
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.71
JMD272.26
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.22
JMD193.96
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.92
JMD146.33
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.77
JMD121.98
|
$1.01
PAB1.01
|
|
pay 33.0% less for transportation
|
Jamaica
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.83
JMD769.98
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$37.59
JMD5,988.44
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,601.97
JMD6,467,517.49
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$22.62
JMD3,603.05
|
$16.61
PAB16.61
|
|
pay 12.9% more for housing
|
Jamaica
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.42
JMD7,713.37
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$594.87
JMD94,756.52
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$355.79
JMD56,673.73
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$101.67
JMD16,194.54
|
$69.20
PAB69.20
|
|
pay 2.4 times more for childcare
|
Jamaica
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$194.86
JMD31,040.09
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$2,060.17
JMD328,166.63
|
$6,548.17
PAB6,548.17
|
|
pay 13.6% less for entertainment and sports
|
Jamaica
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.65
JMD421.57
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.05
JMD485.70
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.65
JMD1,377.34
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$41.08
JMD6,542.93
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$11.65
JMD1,856.42
|
$5.33
PAB5.33
|
|
pay 56.7% more for clothing
|
Jamaica
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.19
JMD3,852.56
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$21.83
JMD3,476.62
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$66.00
JMD10,513.04
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$67.67
JMD10,779.20
|
$100.42
PAB100.42
|
|
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