Cost of living comparison
Gibraltar is 39.4% more expensive than Panama City.
- Restaurants
-
pay 36.6% more in Gibraltar
- Groceries
-
pay 21.0% more in Gibraltar
- Transportation
-
pay 27.2% more in Gibraltar
- Housing
-
pay 42.4% more in Gibraltar
- Childcare
-
pay 70.8% more in Gibraltar
- Entertainment and Sports
-
pay 32.7% more in Gibraltar
- Clothing
-
pay 45.0% more in Gibraltar
The cost of childcare, clothing, housing, restaurants, entertainment and sports, and transportation in Gibraltar are more expensive than in Panama City.
If you lived in Gibraltar instead of Panama City, you would:
pay 36.6% more for restaurants
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$20.66
GIP15.28
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$10.98
GIP8.12
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$2.15
GIP1.59
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.94
GIP1.43
|
|
pay 21.0% more for groceries
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.78
GIP1.31
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$4.65
GIP3.44
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$8.40
GIP6.21
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$3.80
GIP2.81
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.99
GIP2.95
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$1.83
GIP1.35
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.61
GIP1.19
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.86
GIP1.37
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.76
GIP1.30
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.05
GIP0.78
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.88
GIP0.65
|
|
pay 27.2% more for transportation
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.96
GIP4.40
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$8.33
GIP6.16
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$31,804.11
GIP23,509.85
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$25.57
GIP18.90
|
|
pay 42.4% more for housing
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$54.78
GIP40.50
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$1,685.73
GIP1,246.10
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$1,569.58
GIP1,160.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$87.28
GIP64.52
|
|
pay 70.8% more for childcare
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$825.15
GIP609.96
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$15,498.45
GIP11,456.58
|
|
pay 32.7% more for entertainment and sports
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$5.17
GIP3.82
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.14
GIP2.32
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$4.65
GIP3.44
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$76.95
GIP56.89
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$10.98
GIP8.12
|
|
pay 45.0% more for clothing
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$128.35
GIP94.87
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$42.78
GIP31.62
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$130.95
GIP96.80
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$86.10
GIP63.65
|
|
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