Cost of living comparison
Gibraltar is 39.4% more expensive than 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
GIP16.44
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$10.98
GIP8.74
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$2.15
GIP1.71
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.94
GIP1.54
|
|
pay 21.0% more for groceries
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.78
GIP1.41
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$4.65
GIP3.70
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$8.40
GIP6.68
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$3.80
GIP3.02
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.99
GIP3.17
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$1.83
GIP1.46
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.61
GIP1.28
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.86
GIP1.48
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.76
GIP1.40
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.05
GIP0.84
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.88
GIP0.70
|
|
pay 27.2% more for transportation
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.96
GIP4.74
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$8.33
GIP6.63
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$31,804.11
GIP25,308.66
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$25.57
GIP20.35
|
|
pay 42.4% more for housing
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$54.78
GIP43.59
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$1,685.73
GIP1,341.44
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$1,569.58
GIP1,249.02
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$87.28
GIP69.46
|
|
pay 70.8% more for childcare
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$825.15
GIP656.63
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$15,498.45
GIP12,333.15
|
|
pay 32.7% more for entertainment and sports
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$5.17
GIP4.11
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.14
GIP2.50
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$4.65
GIP3.70
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$76.95
GIP61.24
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$10.98
GIP8.74
|
|
pay 45.0% more for clothing
|
Panama City
|
Gibraltar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$128.35
GIP102.13
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$42.78
GIP34.04
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$130.95
GIP104.20
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$86.10
GIP68.52
|
|
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