Cost of living comparison
Freetown is 19.5% cheaper than Panama City.
If you lived in Freetown instead of Panama City, you would:
pay 33.6% less for restaurants
|
Panama City
|
Freetown
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$3.00
SLL62,908
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$10.00
SLL209,695
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.03
SLL21,591
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.89
SLL18,596
|
|
pay 3.2% less for groceries
|
Panama City
|
Freetown
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$0.50
SLL10,485
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
?? | |
| Milk (1 gallon) |
$6.80
PAB6.80
|
$7.57
SLL158,756
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$1.95
SLL40,891
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.40
SLL71,337
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$1.81
SLL38,046
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.91
SLL19,023
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
?? | |
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$2.27
SLL47,558
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.91
SLL19,023
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.74
SLL15,488
|
|
pay 14.6% less for transportation
|
Panama City
|
Freetown
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$4.83
SLL101,357
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$12,000.00
SLL251,634,000
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$10.75
SLL225,422
|
|
pay 42.7% more for housing
|
Panama City
|
Freetown
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$100.00
SLL2,096,950
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$1,361.67
SLL28,553,469
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$978.33
SLL20,515,161
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$110.40
SLL2,314,990
|
|
pay (unknown) more for childcare
|
Panama City
|
Freetown
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
?? | |
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
?? |
pay 35.3% less for entertainment and sports
|
Panama City
|
Freetown
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.50
SLL31,454
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$1.74
SLL36,435
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$3.00
SLL62,908
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$50.00
SLL1,048,475
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
?? | |
pay 72.9% less for clothing
|
Panama City
|
Freetown
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$10.00
SLL209,695
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$8.00
SLL167,756
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$20.00
SLL419,390
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$50.00
SLL1,048,475
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Freetown or Panama City. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.