Cost of living comparison
Panama is 3.6% more expensive than Marshall Islands overall.
- Restaurants
-
pay 27.5% less in Panama
- Groceries
-
pay 48.0% less in Panama
- Transportation
-
pay 8.5% less in Panama
- Housing
-
pay 34.0% less in Panama
- Childcare
-
pay 92.4% more in Panama
- Entertainment and Sports
-
pay 3.6% more in Panama
- Clothing
-
pay 46.9% more in Panama
The cost of childcare, clothing, and entertainment and sports in Panama are more expensive than in Marshall Islands. Expenses including groceries, housing, restaurants, and transportation are lower in Panama. Notably, childcare is significantly more expensive in Panama.
If you lived in Panama instead of Marshall Islands, you would:
pay 27.5% less for restaurants
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.83
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.50
|
$1.17
PAB1.17
|
|
pay 48.0% less for groceries
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.40
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$14.57
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$8.52
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$4.04
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$4.99
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.99
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$3.29
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$3.95
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$5.79
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$2.39
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$2.49
|
$1.01
PAB1.01
|
|
pay 8.5% less for transportation
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.81
|
$3.92
PAB3.92
|
|
| Monthly public transit pass | ?? |
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,500.00
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$14.50
|
$16.61
PAB16.61
|
|
pay 34.0% less for housing
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$76.67
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$766.67
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$833.33
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$191.13
|
$69.20
PAB69.20
|
|
pay 92.4% more for childcare
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$150.00
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$3,570.00
|
$6,548.17
PAB6,548.17
|
|
pay 3.6% more for entertainment and sports
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.75
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$33.33
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema | ?? |
$5.33
PAB5.33
|
|
pay 46.9% more for clothing
|
Marshall Islands
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.50
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$35.00
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$54.00
|
$100.42
PAB100.42
|
|
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