Cost of living comparison
Buenos Aires is 22.3% cheaper than Panama City.
If you lived in Buenos Aires instead of Panama City, you would:
pay 13.7% less for restaurants
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$11.00
ARS11,240.76
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$8.49
ARS8,675.82
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.47
ARS1,501.48
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.08
ARS1,108.26
|
|
pay 27.2% less for groceries
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$2.16
ARS2,202.24
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$5.19
ARS5,306.66
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$5.04
ARS5,150.88
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.31
ARS2,357.25
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$2.80
ARS2,864.11
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.92
ARS944.57
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.87
ARS893.83
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.61
ARS619.10
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.00
ARS1,021.49
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.43
ARS436.37
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.51
ARS516.42
|
|
pay 24.8% less for transportation
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.50
ARS3,581.50
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$11.00
ARS11,240.76
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$23,250.00
ARS23,758,884.14
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$7.35
ARS7,510.87
|
|
pay 51.2% less for housing
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$23.79
ARS24,315.17
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$513.68
ARS524,920.48
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$357.39
ARS365,214.77
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$49.23
ARS50,311.14
|
|
pay 53.2% less for childcare
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$216.50
ARS221,238.64
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$4,476.88
ARS4,574,864.66
|
|
pay 36.9% less for entertainment and sports
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.80
ARS1,839.16
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$2.98
ARS3,049.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$2.40
ARS2,452.53
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$27.22
ARS27,814.65
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.00
ARS5,109.44
|
|
pay 51.0% more for clothing
|
Panama City
|
Buenos Aires
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$89.58
ARS91,535.57
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$74.73
ARS76,364.76
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$114.08
ARS116,573.78
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$119.22
ARS121,827.38
|
|
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