Cost of living comparison
Panama City is 73.3% more expensive than Managua.
- Restaurants
-
pay 2.3 times more in Panama City
- Groceries
-
pay 43.9% more in Panama City
- Transportation
-
pay 18.7% less in Panama City
- Housing
-
pay 2.4 times more in Panama City
- Childcare
-
pay 2.8 times more in Panama City
- Entertainment and Sports
-
pay 62.4% more in Panama City
- Clothing
-
pay 27.2% less in Panama City
The cost of childcare, housing, restaurants, entertainment and sports, and groceries in Panama City are more expensive than in Managua. Expenses including clothing and transportation are lower in Panama City. Notably, childcare, housing, and restaurants are significantly more expensive in Panama City.
If you lived in Panama City instead of Managua, you would:
pay 2.3 times more for restaurants
Managua
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.08
NIO150.14
|
$13.25
PAB13.25
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
NIO257.60
|
$8.00
PAB8.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.65
NIO24.03
|
$1.86
PAB1.86
|
|
Bottle of water (11 fl. oz) |
$0.67
NIO24.70
|
$1.41
PAB1.41
|
|
pay 43.9% more for groceries
Managua
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$1.67
NIO61.40
|
$2.51
PAB2.51
|
|
Local cheese (8 oz) |
$2.35
NIO86.64
|
$6.39
PAB6.39
|
|
Milk (1 gallon) |
$4.20
NIO154.48
|
$6.80
PAB6.80
|
|
Eggs
1 dozen
|
$1.94
NIO71.35
|
$2.68
PAB2.68
|
|
Boneless chicken breast (1 lb) |
$2.29
NIO84.40
|
$3.41
PAB3.41
|
|
Apples (1 lb) |
$2.50
NIO91.92
|
$1.48
PAB1.48
|
|
Bananas (1 lb) |
$0.64
NIO23.41
|
$0.72
PAB0.72
|
|
Oranges (1 lb) |
$1.44
NIO52.96
|
$1.24
PAB1.24
|
|
Tomatoes (1 lb) |
$0.59
NIO21.63
|
$1.40
PAB1.40
|
|
Potatoes (1 lb) |
$1.38
NIO50.72
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.79
NIO29.23
|
$1.15
PAB1.15
|
|
pay 18.7% less for transportation
Managua
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.07
NIO186.50
|
$3.69
PAB3.69
|
|
Monthly public transit pass | ?? |
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,000.00
NIO809,600.00
|
$19,750.00
PAB19,750.00
|
|
Taxi trip in downtown area (5 miles) | ?? |
$16.71
PAB16.71
|
|
pay 2.4 times more for housing
Managua
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$44.10
NIO1,622.94
|
$52.10
PAB52.10
|
|
1-Bedroom apartment in downtown area |
$250.00
NIO9,200.00
|
$1,023.81
PAB1,023.81
|
|
1-Bedroom apartment outside city center |
$250.00
NIO9,200.00
|
$755.88
PAB755.88
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.78
NIO2,788.58
|
$94.84
PAB94.84
|
|
pay 2.8 times more for childcare
Managua
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$125.56
NIO4,620.44
|
$439.17
PAB439.17
|
|
Middle school for 1 child, two semesters |
$4,800.00
NIO176,640.00
|
$10,092.67
PAB10,092.67
|
|
pay 62.4% more for entertainment and sports
Managua
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.36
NIO50.05
|
$3.00
PAB3.00
|
|
Cappuccino in mid-range area |
$2.21
NIO81.48
|
$3.59
PAB3.59
|
|
Pack of cigarettes
Marlboro or similar
|
$2.66
NIO97.86
|
$5.50
PAB5.50
|
|
Monthly membership at local gym |
$37.27
NIO1,371.53
|
$47.27
PAB47.27
|
|
Movie ticket to theater/cinema |
$7.30
NIO268.54
|
$7.00
PAB7.00
|
|
pay 27.2% less for clothing
Managua
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$74.93
NIO2,757.38
|
$53.91
PAB53.91
|
|
Regular dress
from H&M or similar store
|
$56.67
NIO2,085.33
|
$37.78
PAB37.78
|
|
Running shoes
Nike or Adidas
|
$109.40
NIO4,026.00
|
$87.62
PAB87.62
|
|
Men's business shoes (leather) |
$150.00
NIO5,520.00
|
$108.75
PAB108.75
|
|
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