Cost of living comparison
Panama is 42.4% more expensive than Micronesia, Federated States of overall.
- Restaurants
-
pay 28.9% less in Panama
- Groceries
-
pay 23.9% more in Panama
- Transportation
-
pay 87.9% more in Panama
- Housing
-
pay 30.5% less in Panama
- Childcare
-
pay 3.3 times more in Panama
- Entertainment and Sports
-
pay 3.4% less in Panama
- Clothing
-
pay 14.6% more in Panama
The cost of childcare, transportation, groceries, and clothing in Panama are more expensive than in Micronesia, Federated States of. Expenses including housing, restaurants, and entertainment and sports are lower in Panama. Notably, childcare and transportation are significantly more expensive in Panama.
If you lived in Panama instead of Micronesia, Federated States of, you would:
pay 28.9% less for restaurants
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.62
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.12
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.32
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$2.75
|
$1.17
PAB1.17
|
|
pay 23.9% more for groceries
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.81
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$2.52
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$1.59
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$4.48
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.66
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$2.37
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.26
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.48
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.15
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$1.54
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.29
|
$1.01
PAB1.01
|
|
pay 87.9% more for transportation
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.84
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$32.00
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$3,497.00
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
|
$16.61
PAB16.61
|
|
pay 30.5% less for housing
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$230.17
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$883.33
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$726.88
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$73.28
|
$69.20
PAB69.20
|
|
pay 3.3 times more for childcare
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$142.50
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$1,442.50
|
$6,548.17
PAB6,548.17
|
|
pay 3.4% less for entertainment and sports
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.25
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.83
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$15.75
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$30.50
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$6.50
|
$5.33
PAB5.33
|
|
pay 14.6% more for clothing
|
Micronesia, Federated States of
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.50
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$42.00
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$75.00
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$64.50
|
$100.42
PAB100.42
|
|
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