Cost of living comparison
Panama is 13.3% cheaper than Malta.
If you lived in Panama instead of Malta, you would:
pay 29.6% less for restaurants
Malta
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.58
€14.77
|
$8.45
PAB8.45
|
|
Fast food combo meal
McDonalds, or similar
|
$9.83
€9.33
|
$7.90
PAB7.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.16
€2.05
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$1.54
€1.46
|
$1.17
PAB1.17
|
|
pay 20.9% more for groceries
Malta
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.20
€1.14
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$4.39
€4.17
|
$5.66
PAB5.66
|
|
Milk (1 gallon) |
$4.49
€4.26
|
$6.43
PAB6.43
|
|
Eggs
1 dozen
|
$3.20
€3.04
|
$2.53
PAB2.53
|
|
Boneless chicken breast (1 lb) |
$3.56
€3.38
|
$3.54
PAB3.54
|
|
Apples (1 lb) |
$1.28
€1.21
|
$2.12
PAB2.12
|
|
Bananas (1 lb) |
$0.84
€0.80
|
$0.61
PAB0.61
|
|
Oranges (1 lb) |
$1.02
€0.96
|
$1.29
PAB1.29
|
|
Tomatoes (1 lb) |
$1.33
€1.26
|
$1.16
PAB1.16
|
|
Potatoes (1 lb) |
$0.78
€0.74
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.85
€0.80
|
$1.01
PAB1.01
|
|
pay 22.7% less for transportation
Malta
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.42
€5.14
|
$3.92
PAB3.92
|
|
Monthly public transit pass |
$23.63
€22.41
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,001.46
€24,658.80
|
$18,916.67
PAB18,916.67
|
|
Taxi trip in downtown area (5 miles) |
$28.45
€26.98
|
$16.61
PAB16.61
|
|
pay 0.7% more for housing
Malta
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.01
€29.41
|
$47.61
PAB47.61
|
|
1-Bedroom apartment in downtown area |
$947.36
€898.44
|
$747.76
PAB747.76
|
|
1-Bedroom apartment outside city center |
$804.74
€763.19
|
$567.84
PAB567.84
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.35
€65.77
|
$69.20
PAB69.20
|
|
pay 36.5% less for childcare
Malta
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$587.45
€557.11
|
$302.08
PAB302.08
|
|
Middle school for 1 child, two semesters |
$8,655.79
€8,208.82
|
$6,548.17
PAB6,548.17
|
|
pay 11.2% less for entertainment and sports
Malta
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.44
€3.26
|
$1.95
PAB1.95
|
|
Cappuccino in mid-range area |
$2.38
€2.26
|
$3.39
PAB3.39
|
|
Pack of cigarettes
Marlboro or similar
|
$5.93
€5.62
|
$5.38
PAB5.38
|
|
Monthly membership at local gym |
$56.85
€53.92
|
$57.20
PAB57.20
|
|
Movie ticket to theater/cinema |
$9.86
€9.35
|
$5.33
PAB5.33
|
|
pay 14.8% less for clothing
Malta
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$89.57
€84.95
|
$47.41
PAB47.41
|
|
Regular dress
from H&M or similar store
|
$36.50
€34.61
|
$34.81
PAB34.81
|
|
Running shoes
Nike or Adidas
|
$88.33
€83.77
|
$81.21
PAB81.21
|
|
Men's business shoes (leather) |
$99.58
€94.44
|
$100.42
PAB100.42
|
|
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