Cost of living comparison
Panama is 57.2% more expensive than Laos overall.
- Restaurants
-
pay 2.7 times more in Panama
- Groceries
-
pay 46.5% more in Panama
- Transportation
-
pay 11.0% less in Panama
- Housing
-
pay 98.2% more in Panama
- Childcare
-
pay 12.3% less in Panama
- Entertainment and Sports
-
pay 90.5% more in Panama
- Clothing
-
pay 14.2% more in Panama
The cost of restaurants, housing, entertainment and sports, groceries, and clothing in Panama are more expensive than in Laos. Expenses including childcare and transportation are lower in Panama. Notably, restaurants, housing, and entertainment and sports are significantly more expensive in Panama.
If you lived in Panama instead of Laos, you would:
pay 2.7 times more for restaurants
Laos
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.90
LAK41,112
|
$8.45
PAB8.45
|
|
Fast food combo meal
McDonalds, or similar
|
$4.20
LAK91,113
|
$7.90
PAB7.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.69
LAK14,961
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.49
LAK10,522
|
$1.17
PAB1.17
|
|
pay 46.5% more for groceries
Laos
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.00
LAK21,721
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$13.03
LAK282,392
|
$5.66
PAB5.66
|
|
Milk (1 gallon) |
$6.40
LAK138,699
|
$6.43
PAB6.43
|
|
Eggs
1 dozen
|
$2.06
LAK44,745
|
$2.53
PAB2.53
|
|
Boneless chicken breast (1 lb) |
$2.07
LAK44,859
|
$3.54
PAB3.54
|
|
Apples (1 lb) |
$0.75
LAK16,146
|
$2.12
PAB2.12
|
|
Bananas (1 lb) |
$0.74
LAK16,075
|
$0.61
PAB0.61
|
|
Oranges (1 lb) |
$0.96
LAK20,745
|
$1.29
PAB1.29
|
|
Tomatoes (1 lb) |
$1.29
LAK27,937
|
$1.16
PAB1.16
|
|
Potatoes (1 lb) |
$0.70
LAK15,062
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.45
LAK9,796
|
$1.01
PAB1.01
|
|
pay 11.0% less for transportation
Laos
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.61
LAK99,800
|
$3.92
PAB3.92
|
|
Monthly public transit pass |
$53.85
LAK1,166,949
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,167.89
LAK610,380,007
|
$18,916.67
PAB18,916.67
|
|
Taxi trip in downtown area (5 miles) |
$10.57
LAK229,122
|
$16.61
PAB16.61
|
|
pay 98.2% more for housing
Laos
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$8.98
LAK194,666
|
$47.61
PAB47.61
|
|
1-Bedroom apartment in downtown area |
$993.83
LAK21,535,611
|
$747.76
PAB747.76
|
|
1-Bedroom apartment outside city center |
$809.30
LAK17,537,087
|
$567.84
PAB567.84
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.85
LAK1,275,144
|
$69.20
PAB69.20
|
|
pay 12.3% less for childcare
Laos
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$291.32
LAK6,312,816
|
$302.08
PAB302.08
|
|
Middle school for 1 child, two semesters |
$9,140.14
LAK198,061,034
|
$6,548.17
PAB6,548.17
|
|
pay 90.5% more for entertainment and sports
Laos
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.11
LAK23,965
|
$1.95
PAB1.95
|
|
Cappuccino in mid-range area |
$1.62
LAK35,083
|
$3.39
PAB3.39
|
|
Pack of cigarettes
Marlboro or similar
|
$1.78
LAK38,667
|
$5.38
PAB5.38
|
|
Monthly membership at local gym |
$66.31
LAK1,436,934
|
$57.20
PAB57.20
|
|
Movie ticket to theater/cinema |
$2.97
LAK64,401
|
$5.33
PAB5.33
|
|
pay 14.2% more for clothing
Laos
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$78.60
LAK1,703,174
|
$47.41
PAB47.41
|
|
Regular dress
from H&M or similar store
|
$61.45
LAK1,331,521
|
$34.81
PAB34.81
|
|
Running shoes
Nike or Adidas
|
$65.22
LAK1,413,263
|
$81.21
PAB81.21
|
|
Men's business shoes (leather) |
$46.67
LAK1,011,309
|
$100.42
PAB100.42
|
|
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