Cost of living comparison
Panama is 17.2% more expensive than Maldives overall.
- Restaurants
-
pay 93.5% more in Panama
- Groceries
-
pay 15.1% more in Panama
- Transportation
-
pay 8.9% less in Panama
- Housing
-
pay 29.4% less in Panama
- Childcare
-
pay 89.9% more in Panama
- Entertainment and Sports
-
pay 27.2% less in Panama
- Clothing
-
pay 12.9% less in Panama
The cost of restaurants, childcare, and groceries in Panama are more expensive than in Maldives. Expenses including housing, entertainment and sports, clothing, and transportation are lower in Panama. Notably, restaurants and childcare are significantly more expensive in Panama.
If you lived in Panama instead of Maldives, you would:
pay 93.5% more for restaurants
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.50
MVR84.91
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.71
MVR149.85
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
MVR18.73
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.28
MVR4.37
|
$1.17
PAB1.17
|
|
pay 15.1% more for groceries
|
Maldives
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.54
MVR23.73
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.65
MVR87.24
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$6.78
MVR104.70
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$1.65
MVR25.47
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.47
MVR38.15
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$2.00
MVR30.87
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.70
MVR26.28
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.74
MVR26.90
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.61
MVR24.92
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.62
MVR9.65
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.54
MVR8.29
|
$1.01
PAB1.01
|
|
pay 8.9% less for transportation
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.56
MVR54.90
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$22.65
MVR349.64
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,834.95
MVR599,390.29
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$17.48
MVR269.73
|
$16.61
PAB16.61
|
|
pay 29.4% less for housing
|
Maldives
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.94
MVR1,017.71
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$1,098.53
MVR16,954.98
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$829.29
MVR12,799.48
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.04
MVR1,451.46
|
$69.20
PAB69.20
|
|
pay 89.9% more for childcare
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$172.53
MVR2,662.92
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$3,198.06
MVR49,359.79
|
$6,548.17
PAB6,548.17
|
|
pay 27.2% less for entertainment and sports
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.69
MVR72.43
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.24
MVR49.95
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.12
MVR109.89
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$71.60
MVR1,105.13
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$8.58
MVR132.37
|
$5.33
PAB5.33
|
|
pay 12.9% less for clothing
|
Maldives
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$55.89
MVR862.62
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$58.79
MVR907.41
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$101.13
MVR1,560.91
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$80.91
MVR1,248.73
|
$100.42
PAB100.42
|
|
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