Cost of living comparison
Panama is 37.6% cheaper than New Caledonia.
If you lived in Panama instead of New Caledonia, you would:
pay 33.1% less for restaurants
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.72
CFPF1,798
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.47
CFPF1,541
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.54
CFPF291
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.23
CFPF141
|
$1.17
PAB1.17
|
|
pay 30.9% less for groceries
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.56
CFPF293
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$8.19
CFPF937
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$4.15
CFPF475
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$5.42
CFPF620
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$7.74
CFPF886
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.79
CFPF205
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$2.98
CFPF341
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$2.85
CFPF326
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$3.01
CFPF345
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$1.59
CFPF182
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.36
CFPF155
|
$1.01
PAB1.01
|
|
pay 26.2% less for transportation
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.77
CFPF661
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$57.93
CFPF6,628
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,659.34
CFPF3,622,209
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$13.39
CFPF1,532
|
$16.61
PAB16.61
|
|
pay 20.5% less for housing
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$54.97
CFPF6,289
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$740.96
CFPF84,775
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$655.64
CFPF75,013
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.39
CFPF18,008
|
$69.20
PAB69.20
|
|
pay 58.6% less for childcare
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$730.48
CFPF83,576
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters | ?? |
$6,548.17
PAB6,548.17
|
|
pay 50.4% less for entertainment and sports
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.33
CFPF1,182
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$5.75
CFPF658
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.78
CFPF2,035
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$60.62
CFPF6,936
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$11.68
CFPF1,336
|
$5.33
PAB5.33
|
|
pay 43.3% less for clothing
|
New Caledonia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$98.80
CFPF11,303
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$59.88
CFPF6,851
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$114.51
CFPF13,102
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$202.08
CFPF23,120
|
$100.42
PAB100.42
|
|
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