Cost of living comparison
Panama City is 44.1% more expensive than Mexico City.
If you lived in Panama City instead of Mexico City, you would:
pay 48.9% more for restaurants
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.93
MX$202.81
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.45
MX$152.11
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.08
MX$22.05
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$0.77
MX$15.79
|
$1.41
PAB1.41
|
|
pay 25.7% more for groceries
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.45
MX$50.09
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$4.87
MX$99.41
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$5.51
MX$112.50
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$2.18
MX$44.59
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$3.57
MX$72.94
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.22
MX$24.96
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.67
MX$13.67
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.80
MX$16.32
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$0.83
MX$16.90
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.85
MX$17.38
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.83
MX$16.91
|
$1.15
PAB1.15
|
|
pay 2.0 times more for transportation
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.64
MX$94.73
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$17.87
MX$365.07
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,615.02
MX$380,276.89
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$3.47
MX$70.99
|
$16.71
PAB16.71
|
|
pay 95.0% more for housing
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$24.38
MX$498.03
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$893.52
MX$18,253.29
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$544.24
MX$11,117.91
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.31
MX$619.21
|
$94.84
PAB94.84
|
|
pay 17.5% more for childcare
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$381.33
MX$7,789.91
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$8,426.99
MX$172,150.75
|
$10,092.67
PAB10,092.67
|
|
pay 19.7% more for entertainment and sports
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.73
MX$55.77
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$3.01
MX$61.41
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.92
MX$80.11
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$53.69
MX$1,096.75
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$4.96
MX$101.41
|
$7.00
PAB7.00
|
|
pay 0.3% more for clothing
|
Mexico City
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.36
MX$1,151.26
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$41.06
MX$838.78
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$91.99
MX$1,879.27
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$91.93
MX$1,877.98
|
$108.75
PAB108.75
|
|
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