Cost of living comparison
Beirut is 6.7% cheaper than Panama City.
If you lived in Beirut instead of Panama City, you would:
pay 15.8% less for restaurants
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$10.00
LBP898,133
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$7.64
LBP686,084
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.59
LBP142,739
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.13
LBP101,489
|
|
pay 36.8% less for groceries
|
Panama City
|
Beirut
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$0.91
LBP82,135
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$5.48
LBP491,728
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$6.19
LBP555,737
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.72
LBP243,996
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.84
LBP344,513
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.69
LBP62,125
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.56
LBP49,895
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.41
LBP36,878
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.47
LBP41,893
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.39
LBP35,171
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.44
LBP39,391
|
|
pay 55.7% more for transportation
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.49
LBP313,510
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$75.00
LBP6,735,996
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$30,000.00
LBP2,694,398,584
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$12.75
LBP1,145,119
|
|
pay 12.3% less for housing
|
Panama City
|
Beirut
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$31.88
LBP2,862,798
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$738.24
LBP66,303,338
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$359.38
LBP32,276,650
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$161.18
LBP14,476,375
|
|
pay 47.4% less for childcare
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$283.33
LBP25,447,098
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$4,111.11
LBP369,232,398
|
|
pay 20.0% less for entertainment and sports
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$3.00
LBP269,440
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$2.80
LBP251,477
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$2.00
LBP179,627
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$59.33
LBP5,328,922
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$7.00
LBP628,693
|
|
pay 29.4% more for clothing
|
Panama City
|
Beirut
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$78.12
LBP7,016,663
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$57.86
LBP5,196,340
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$103.12
LBP9,261,995
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$110.71
LBP9,943,614
|
|
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