Cost of living comparison
Beirut is 1.7% cheaper than Panama City.
If you lived in Beirut instead of Panama City, you would:
pay 22.3% less for restaurants
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.00
PAB12.00
|
$8.00
LBP715,377
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
PAB8.25
|
$7.00
LBP625,955
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.76
PAB1.76
|
$1.51
LBP135,353
|
|
| Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$0.98
LBP87,435
|
|
pay 38.4% less for groceries
|
Panama City
|
Beirut
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
PAB2.40
|
$0.78
LBP69,985
|
|
| Local cheese (8 oz) |
$5.44
PAB5.44
|
$5.14
LBP459,361
|
|
| Milk (1 gallon) |
$6.66
PAB6.66
|
$6.42
LBP574,148
|
|
|
Eggs
1 dozen
|
$2.54
PAB2.54
|
$2.17
LBP193,657
|
|
| Boneless chicken breast (1 lb) |
$3.39
PAB3.39
|
$3.32
LBP296,469
|
|
| Apples (1 lb) |
$1.40
PAB1.40
|
$0.61
LBP54,251
|
|
| Bananas (1 lb) |
$0.62
PAB0.62
|
$0.57
LBP50,984
|
|
| Oranges (1 lb) |
$1.30
PAB1.30
|
$0.37
LBP33,438
|
|
| Tomatoes (1 lb) |
$1.41
PAB1.41
|
$0.44
LBP39,407
|
|
| Potatoes (1 lb) |
$0.94
PAB0.94
|
$0.33
LBP29,339
|
|
| Onions (1 lb) |
$0.97
PAB0.97
|
$0.40
LBP35,998
|
|
pay 41.3% more for transportation
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.53
LBP315,933
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$65.22
LBP5,831,881
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$25,000.00
LBP2,235,554,195
|
|
| Taxi trip in downtown area (5 miles) |
$14.00
PAB14.00
|
$13.50
LBP1,207,199
|
|
pay 15.7% more for housing
|
Panama City
|
Beirut
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.82
PAB51.82
|
$50.62
LBP4,526,997
|
|
| 1-Bedroom apartment in downtown area |
$925.91
PAB925.91
|
$771.88
LBP69,022,736
|
|
| 1-Bedroom apartment outside city center |
$598.61
PAB598.61
|
$369.23
LBP33,017,416
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.14
PAB86.14
|
$189.49
LBP16,944,186
|
|
pay 38.8% less for childcare
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.12
PAB408.12
|
$325.00
LBP29,062,205
|
|
| Middle school for 1 child, two semesters |
$9,675.75
PAB9,675.75
|
$4,150.00
LBP371,101,996
|
|
pay 6.2% less for entertainment and sports
|
Panama City
|
Beirut
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$3.00
LBP268,266
|
|
| Cappuccino in mid-range area |
$3.70
PAB3.70
|
$2.48
LBP221,977
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.75
PAB5.75
|
$2.29
LBP204,777
|
|
| Monthly membership at local gym |
$40.93
PAB40.93
|
$60.83
LBP5,439,849
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$7.00
LBP625,955
|
|
pay 36.5% more for clothing
|
Panama City
|
Beirut
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.94
PAB53.94
|
$83.69
LBP7,483,518
|
|
|
Regular dress
from H&M or similar store
|
$40.79
PAB40.79
|
$54.29
LBP4,854,346
|
|
|
Running shoes
Nike or Adidas
|
$82.58
PAB82.58
|
$107.86
LBP9,644,820
|
|
| Men's business shoes (leather) |
$92.86
PAB92.86
|
$117.86
LBP10,539,041
|
|
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