Cost of living comparison
Athens is 8.8% more expensive than Panama City.
- Restaurants
-
pay 2.1% less in Athens
- Groceries
-
pay 12.4% less in Athens
- Transportation
-
pay 39.4% more in Athens
- Housing
-
pay 10.0% less in Athens
- Childcare
-
pay 5.8% more in Athens
- Entertainment and Sports
-
pay 22.6% more in Athens
- Clothing
-
pay 18.6% more in Athens
The cost of transportation, entertainment and sports, clothing, and childcare in Athens are more expensive than in Panama City. Expenses including groceries, housing, and restaurants are lower in Athens.
If you lived in Athens instead of Panama City, you would:
pay 2.1% less for restaurants
|
Panama City
|
Athens
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$16.08
€13.92
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$9.65
€8.35
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$2.06
€1.78
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.55
€0.47
|
|
pay 12.4% less for groceries
|
Panama City
|
Athens
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.27
€1.10
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$6.59
€5.71
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$6.29
€5.45
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$4.50
€3.90
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$4.89
€4.23
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.93
€0.80
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.89
€0.77
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.60
€0.52
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.93
€0.80
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.57
€0.49
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.53
€0.46
|
|
pay 39.4% more for transportation
|
Panama City
|
Athens
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$7.64
€6.61
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$30.01
€25.98
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$30,384.48
€26,308.04
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$12.86
€11.14
|
|
pay 10.0% less for housing
|
Panama City
|
Athens
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$32.55
€28.18
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$634.68
€549.53
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$557.32
€482.55
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$153.41
€132.83
|
|
pay 5.8% more for childcare
|
Panama City
|
Athens
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$463.20
€401.06
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$10,722.29
€9,283.77
|
|
pay 22.6% more for entertainment and sports
|
Panama City
|
Athens
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$5.36
€4.64
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.71
€3.21
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$4.88
€4.22
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$49.36
€42.74
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$9.65
€8.35
|
|
pay 18.6% more for clothing
|
Panama City
|
Athens
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$86.11
€74.56
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$38.32
€33.18
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$93.75
€81.18
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$115.38
€99.90
|
|
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