Cost of living comparison
Copenhagen is 71.5% more expensive than Panama City.
- Restaurants
-
pay 89.2% more in Copenhagen
- Groceries
-
pay 30.9% more in Copenhagen
- Transportation
-
pay 2.5 times more in Copenhagen
- Housing
-
pay 40.9% more in Copenhagen
- Childcare
-
pay 28.5% more in Copenhagen
- Entertainment and Sports
-
pay 96.7% more in Copenhagen
- Clothing
-
pay 60.7% more in Copenhagen
The cost of transportation, entertainment and sports, restaurants, clothing, housing, and groceries in Copenhagen are more expensive than in Panama City. Notably, transportation, entertainment and sports, and restaurants are significantly more expensive in Copenhagen.
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
DKK139.56
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$14.37
DKK93.04
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$3.78
DKK24.47
|
|
Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$2.98
DKK19.28
|
|
pay 30.9% more for groceries
Panama City
|
Copenhagen
|
||
---|---|---|---|
Bread
1 loaf
|
$2.51
PAB2.51
|
$3.78
DKK24.48
|
|
Local cheese (8 oz) |
$6.39
PAB6.39
|
$6.47
DKK41.89
|
|
Milk (1 gallon) |
$6.80
PAB6.80
|
$7.42
DKK48.06
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$4.75
DKK30.77
|
|
Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$5.10
DKK33.01
|
|
Apples (1 lb) |
$1.48
PAB1.48
|
$1.41
DKK9.13
|
|
Bananas (1 lb) |
$0.72
PAB0.72
|
$1.42
DKK9.16
|
|
Oranges (1 lb) |
$1.24
PAB1.24
|
$1.51
DKK9.78
|
|
Tomatoes (1 lb) |
$1.40
PAB1.40
|
$2.12
DKK13.69
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.07
DKK6.93
|
|
Onions (1 lb) |
$1.15
PAB1.15
|
$0.90
DKK5.85
|
|
pay 2.5 times more for transportation
Panama City
|
Copenhagen
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$7.78
DKK50.38
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$100.30
DKK649.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$50,303.99
DKK325,647.94
|
|
Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$24.43
DKK158.17
|
|
pay 40.9% more for housing
Panama City
|
Copenhagen
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$36.84
DKK238.49
|
|
1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$1,691.68
DKK10,951.23
|
|
1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$1,264.98
DKK8,189.00
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$151.98
DKK983.86
|
|
pay 28.5% more for childcare
Panama City
|
Copenhagen
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$580.24
DKK3,756.26
|
|
Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$12,599.95
DKK81,567.05
|
|
pay 96.7% more for entertainment and sports
Panama City
|
Copenhagen
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$8.62
DKK55.83
|
|
Cappuccino in mid-range area |
$3.59
PAB3.59
|
$6.19
DKK40.08
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$9.05
DKK58.62
|
|
Monthly membership at local gym |
$47.27
PAB47.27
|
$43.41
DKK280.99
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$18.68
DKK120.95
|
|
pay 60.7% more for clothing
Panama City
|
Copenhagen
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$115.64
DKK748.62
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$48.78
DKK315.81
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$121.38
DKK785.73
|
|
Men's business shoes (leather) |
$108.75
PAB108.75
|
$174.89
DKK1,132.15
|
|
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