Cost of living comparison
Panama is 74.6% more expensive than Liberia overall.
- Restaurants
-
pay 24.2% less in Panama
- Groceries
-
pay 10.7% less in Panama
- Transportation
-
pay 81.6% more in Panama
- Housing
-
pay 2.1 times more in Panama
- Childcare
-
pay 4.2 times more in Panama
- Entertainment and Sports
-
pay 15.3% less in Panama
- Clothing
-
pay 62.8% more in Panama
The cost of childcare, housing, transportation, and clothing in Panama are more expensive than in Liberia. Expenses including restaurants, entertainment and sports, and groceries are lower in Panama. Notably, childcare, housing, and transportation are significantly more expensive in Panama.
If you lived in Panama instead of Liberia, you would:
pay 24.2% less for restaurants
|
Liberia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.25
LRD1,649.93
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
LRD2,199.91
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.88
LRD374.98
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$2.50
LRD499.98
|
$1.17
PAB1.17
|
|
pay 10.7% less for groceries
|
Liberia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.65
LRD330.68
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.91
LRD1,181.03
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$6.08
LRD1,216.60
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.63
LRD725.57
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$4.48
LRD895.25
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.74
LRD148.47
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$2.58
LRD515.70
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$3.95
LRD790.69
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$3.18
LRD636.05
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$1.03
LRD205.97
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$3.88
LRD774.97
|
$1.01
PAB1.01
|
|
pay 81.6% more for transportation
|
Liberia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.03
LRD806.25
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$20.00
LRD3,999.83
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$5,069.87
LRD1,013,932.27
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$12.69
LRD2,538.28
|
$16.61
PAB16.61
|
|
pay 2.1 times more for housing
|
Liberia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$93.25
LRD18,649.20
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$666.67
LRD133,327.76
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$90.00
LRD17,999.25
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$208.46
LRD41,689.67
|
$69.20
PAB69.20
|
|
pay 4.2 times more for childcare
|
Liberia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$74.33
LRD14,865.52
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$1,500.00
LRD299,987.47
|
$6,548.17
PAB6,548.17
|
|
pay 15.3% less for entertainment and sports
|
Liberia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.50
LRD499.98
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.12
LRD624.97
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.00
LRD999.96
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$76.25
LRD15,249.36
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$9.75
LRD1,949.87
|
$5.33
PAB5.33
|
|
pay 62.8% more for clothing
|
Liberia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$18.41
LRD3,682.33
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$33.75
LRD6,749.72
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$56.25
LRD11,249.53
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$68.75
LRD13,749.43
|
$100.42
PAB100.42
|
|
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