Cost of living comparison
Copenhagen is 71.5% more expensive than Panama City.
If you lived in Copenhagen instead of Panama City, you would:
pay 89.2% more for restaurants
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$21.56
DKK152.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$14.37
DKK101.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$3.78
DKK26.76
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$2.98
DKK21.08
|
|
pay 30.9% more for groceries
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$3.78
DKK26.77
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$6.47
DKK45.80
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$7.42
DKK52.55
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$4.75
DKK33.64
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$5.10
DKK36.09
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$1.41
DKK9.98
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.42
DKK10.02
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.51
DKK10.70
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$2.12
DKK14.97
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.07
DKK7.57
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.90
DKK6.40
|
|
pay 2.5 times more for transportation
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$7.78
DKK55.08
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$100.30
DKK709.95
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$50,303.99
DKK356,051.67
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$24.43
DKK172.94
|
|
pay 40.9% more for housing
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$36.84
DKK260.75
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$1,691.68
DKK11,973.68
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$1,264.98
DKK8,953.55
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$151.98
DKK1,075.72
|
|
pay 28.5% more for childcare
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$580.24
DKK4,106.95
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$12,599.95
DKK89,182.47
|
|
pay 96.7% more for entertainment and sports
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$8.62
DKK61.04
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$6.19
DKK43.82
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$9.05
DKK64.09
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$43.41
DKK307.23
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$18.68
DKK132.25
|
|
pay 60.7% more for clothing
|
Panama City
|
Copenhagen
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$115.64
DKK818.51
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$48.78
DKK345.30
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$121.38
DKK859.09
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$174.89
DKK1,237.85
|
|
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