Cost of living comparison
Panama is 9.0% more expensive than Japan overall.
- Restaurants
-
pay 52.3% more in Panama
- Groceries
-
pay 1.9% less in Panama
- Transportation
-
pay 28.2% less in Panama
- Housing
-
pay 34.5% more in Panama
- Childcare
-
pay 18.1% less in Panama
- Entertainment and Sports
-
pay 5.5% less in Panama
- Clothing
-
pay 30.0% more in Panama
The cost of restaurants, housing, and clothing in Panama are more expensive than in Japan. Expenses including transportation, childcare, entertainment and sports, and groceries are lower in Panama.
If you lived in Panama instead of Japan, you would:
pay 52.3% more for restaurants
|
Japan
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.44
¥965
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.94
¥740
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.97
¥145
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.73
¥110
|
$1.17
PAB1.17
|
|
pay 1.9% less for groceries
|
Japan
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.52
¥228
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.72
¥857
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$5.46
¥818
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.02
¥302
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.73
¥409
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$2.17
¥326
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.02
¥153
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.64
¥246
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$2.04
¥305
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$1.26
¥190
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.08
¥162
|
$1.01
PAB1.01
|
|
pay 28.2% less for transportation
|
Japan
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.22
¥633
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$57.82
¥8,663
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,042.19
¥3,302,911
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$25.42
¥3,810
|
$16.61
PAB16.61
|
|
pay 34.5% more for housing
|
Japan
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.09
¥4,659
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$500.38
¥74,979
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$325.42
¥48,762
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.04
¥16,938
|
$69.20
PAB69.20
|
|
pay 18.1% less for childcare
|
Japan
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$288.10
¥43,171
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$11,095.30
¥1,662,575
|
$6,548.17
PAB6,548.17
|
|
pay 5.5% less for entertainment and sports
|
Japan
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.71
¥406
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.78
¥416
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.98
¥597
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$57.72
¥8,648
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$11.97
¥1,794
|
$5.33
PAB5.33
|
|
pay 30.0% more for clothing
|
Japan
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$40.54
¥6,075
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$26.82
¥4,018
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$54.08
¥8,103
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$81.66
¥12,237
|
$100.42
PAB100.42
|
|
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