Cost of living comparison
Panama City is 24.4% more expensive than Majuro.
- Restaurants
-
pay 10.9% less in Panama City
- Groceries
-
pay 48.1% less in Panama City
- Transportation
-
pay 7.9% less in Panama City
- Housing
-
pay 14.6% less in Panama City
- Childcare
-
pay 2.9 times more in Panama City
- Entertainment and Sports
-
pay 4.2% more in Panama City
- Clothing
-
pay 60.0% more in Panama City
The cost of childcare, clothing, and entertainment and sports in Panama City are more expensive than in Majuro. Expenses including groceries, housing, restaurants, and transportation are lower in Panama City. Notably, childcare is significantly more expensive in Panama City.
If you lived in Panama City instead of Majuro, you would:
pay 10.9% less for restaurants
|
Majuro
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.83
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.50
|
$1.41
PAB1.41
|
|
pay 48.1% less for groceries
|
Majuro
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.40
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$14.57
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$8.52
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$4.04
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$4.99
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.99
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$3.29
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$3.95
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$5.79
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$2.39
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$2.49
|
$1.15
PAB1.15
|
|
pay 7.9% less for transportation
|
Majuro
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.81
|
$3.69
PAB3.69
|
|
| Monthly public transit pass | ?? |
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,500.00
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$14.50
|
$16.71
PAB16.71
|
|
pay 14.6% less for housing
|
Majuro
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$76.67
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$766.67
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$833.33
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$191.13
|
$94.84
PAB94.84
|
|
pay 2.9 times more for childcare
|
Majuro
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$150.00
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$3,570.00
|
$10,092.67
PAB10,092.67
|
|
pay 4.2% more for entertainment and sports
|
Majuro
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$3.75
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$33.33
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema | ?? |
$7.00
PAB7.00
|
|
pay 60.0% more for clothing
|
Majuro
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.50
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$35.00
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$54.00
|
$108.75
PAB108.75
|
|
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