Cost of living comparison
Panama City is 2.0% cheaper than Montevideo.
- Restaurants
-
pay 8.7% less in Panama City
- Groceries
-
pay 11.5% more in Panama City
- Transportation
-
pay 46.1% less in Panama City
- Housing
-
pay 43.0% more in Panama City
- Childcare
-
pay 18.4% more in Panama City
- Entertainment and Sports
-
pay 11.5% less in Panama City
- Clothing
-
pay 20.5% less in Panama City
The cost of housing, childcare, and groceries in Panama City are more expensive than in Montevideo. Expenses including transportation, clothing, entertainment and sports, and restaurants are lower in Panama City.
If you lived in Panama City instead of Montevideo, you would:
pay 8.7% less for restaurants
Montevideo
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$14.37
UYU597.26
|
$13.25
PAB13.25
|
|
Fast food combo meal
McDonalds, or similar
|
$9.64
UYU400.66
|
$8.00
PAB8.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.93
UYU80.18
|
$1.86
PAB1.86
|
|
Bottle of water (11 fl. oz) |
$1.50
UYU62.41
|
$1.41
PAB1.41
|
|
pay 11.5% more for groceries
Montevideo
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.66
UYU110.59
|
$2.51
PAB2.51
|
|
Local cheese (8 oz) |
$6.01
UYU249.74
|
$6.39
PAB6.39
|
|
Milk (1 gallon) |
$4.25
UYU176.41
|
$6.80
PAB6.80
|
|
Eggs
1 dozen
|
$4.43
UYU184.23
|
$2.68
PAB2.68
|
|
Boneless chicken breast (1 lb) |
$4.29
UYU178.33
|
$3.41
PAB3.41
|
|
Apples (1 lb) |
$1.24
UYU51.69
|
$1.48
PAB1.48
|
|
Bananas (1 lb) |
$1.01
UYU41.85
|
$0.72
PAB0.72
|
|
Oranges (1 lb) |
$0.64
UYU26.59
|
$1.24
PAB1.24
|
|
Tomatoes (1 lb) |
$1.66
UYU68.98
|
$1.40
PAB1.40
|
|
Potatoes (1 lb) |
$0.84
UYU34.75
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.82
UYU34.10
|
$1.15
PAB1.15
|
|
pay 46.1% less for transportation
Montevideo
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.92
UYU287.45
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$47.91
UYU1,990.86
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,934.74
UYU1,493,143.01
|
$19,750.00
PAB19,750.00
|
|
Taxi trip in downtown area (5 miles) |
$30.38
UYU1,262.20
|
$16.71
PAB16.71
|
|
pay 43.0% more for housing
Montevideo
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$43.60
UYU1,811.49
|
$52.10
PAB52.10
|
|
1-Bedroom apartment in downtown area |
$578.38
UYU24,032.49
|
$1,023.81
PAB1,023.81
|
|
1-Bedroom apartment outside city center |
$419.05
UYU17,412.32
|
$755.88
PAB755.88
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$99.70
UYU4,142.54
|
$94.84
PAB94.84
|
|
pay 18.4% more for childcare
Montevideo
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$386.12
UYU16,044.01
|
$439.17
PAB439.17
|
|
Middle school for 1 child, two semesters |
$8,206.60
UYU340,996.64
|
$10,092.67
PAB10,092.67
|
|
pay 11.5% less for entertainment and sports
Montevideo
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.42
UYU141.96
|
$3.00
PAB3.00
|
|
Cappuccino in mid-range area |
$3.79
UYU157.31
|
$3.59
PAB3.59
|
|
Pack of cigarettes
Marlboro or similar
|
$5.03
UYU209.04
|
$5.50
PAB5.50
|
|
Monthly membership at local gym |
$58.44
UYU2,428.26
|
$47.27
PAB47.27
|
|
Movie ticket to theater/cinema |
$10.06
UYU418.08
|
$7.00
PAB7.00
|
|
pay 20.5% less for clothing
Montevideo
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$93.83
UYU3,898.58
|
$53.91
PAB53.91
|
|
Regular dress
from H&M or similar store
|
$44.64
UYU1,854.69
|
$37.78
PAB37.78
|
|
Running shoes
Nike or Adidas
|
$109.94
UYU4,568.07
|
$87.62
PAB87.62
|
|
Men's business shoes (leather) |
$113.02
UYU4,695.95
|
$108.75
PAB108.75
|
|
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