Cost of living comparison
Panama is 17.2% more expensive than Maldives.
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
MVR85.06
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.71
MVR150.10
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
MVR18.76
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.28
MVR4.38
|
$1.17
PAB1.17
|
|
pay 15.1% more for groceries
|
Maldives
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.54
MVR23.77
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.65
MVR87.39
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$6.78
MVR104.88
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$1.65
MVR25.52
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.47
MVR38.22
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$2.00
MVR30.92
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.70
MVR26.33
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.74
MVR26.95
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.61
MVR24.96
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.62
MVR9.66
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.54
MVR8.30
|
$1.01
PAB1.01
|
|
pay 8.9% less for transportation
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.56
MVR55.00
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$22.65
MVR350.23
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,834.95
MVR600,388.35
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$17.48
MVR270.17
|
$16.61
PAB16.61
|
|
pay 29.4% less for housing
|
Maldives
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.94
MVR1,019.41
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$1,098.53
MVR16,983.21
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$829.29
MVR12,820.79
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.04
MVR1,453.88
|
$69.20
PAB69.20
|
|
pay 89.9% more for childcare
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$172.53
MVR2,667.35
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$3,198.06
MVR49,441.98
|
$6,548.17
PAB6,548.17
|
|
pay 27.2% less for entertainment and sports
|
Maldives
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.69
MVR72.55
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.24
MVR50.03
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.12
MVR110.07
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$71.60
MVR1,106.97
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$8.58
MVR132.59
|
$5.33
PAB5.33
|
|
pay 12.9% less for clothing
|
Maldives
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$55.89
MVR864.06
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$58.79
MVR908.92
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$101.13
MVR1,563.51
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$80.91
MVR1,250.81
|
$100.42
PAB100.42
|
|
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