Cost of living comparison
Baku is 32.0% cheaper than Panama City.
If you lived in Baku instead of Panama City, you would:
pay 42.7% less for restaurants
|
Panama City
|
Baku
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$9.41
AZN16.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$7.65
AZN13.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$0.69
AZN1.18
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.36
AZN0.61
|
|
pay 49.5% less for groceries
|
Panama City
|
Baku
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$0.46
AZN0.78
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$2.77
AZN4.71
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$5.13
AZN8.72
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$1.41
AZN2.40
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$2.10
AZN3.58
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.49
AZN0.84
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.77
AZN1.32
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.68
AZN1.16
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.83
AZN1.40
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.29
AZN0.49
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.23
AZN0.40
|
|
pay 29.9% less for transportation
|
Panama City
|
Baku
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$2.46
AZN4.19
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$17.65
AZN30.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$20,588.24
AZN35,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$6.47
AZN11.00
|
|
pay 60.3% less for housing
|
Panama City
|
Baku
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$14.84
AZN25.23
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$470.77
AZN800.30
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$261.03
AZN443.75
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$47.11
AZN80.09
|
|
pay 42.9% less for childcare
|
Panama City
|
Baku
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$232.47
AZN395.20
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$6,199.10
AZN10,538.46
|
|
pay 19.6% less for entertainment and sports
|
Panama City
|
Baku
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.47
AZN2.50
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.60
AZN6.12
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$3.53
AZN6.00
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$49.42
AZN84.02
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.88
AZN10.00
|
|
pay 20.8% more for clothing
|
Panama City
|
Baku
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$56.06
AZN95.30
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$57.34
AZN97.48
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$122.29
AZN207.88
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$95.40
AZN162.18
|
|
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