Cost of living comparison
Managua is 20.2% cheaper than Panama City.
If you lived in Managua instead of Panama City, you would:
pay 49.7% less for restaurants
|
Panama City
|
Managua
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$4.08
NIO150.58
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$7.00
NIO258.35
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$0.65
NIO24.10
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.67
NIO24.77
|
|
pay 15.6% less for groceries
|
Panama City
|
Managua
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.67
NIO61.58
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$2.35
NIO86.89
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$4.20
NIO154.93
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$1.94
NIO71.55
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$2.29
NIO84.65
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$2.50
NIO92.18
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.64
NIO23.47
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.44
NIO53.11
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.59
NIO21.69
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.38
NIO50.87
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.79
NIO29.32
|
|
pay 24.3% more for transportation
|
Panama City
|
Managua
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.07
NIO187.04
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$22,000.00
NIO811,948.24
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
?? | |
pay 44.5% less for housing
|
Panama City
|
Managua
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$44.10
NIO1,627.65
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$250.00
NIO9,226.68
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$250.00
NIO9,226.68
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$75.78
NIO2,796.67
|
|
pay 61.9% less for childcare
|
Panama City
|
Managua
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$125.56
NIO4,633.85
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$4,800.00
NIO177,152.34
|
|
pay 32.3% less for entertainment and sports
|
Panama City
|
Managua
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.36
NIO50.19
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$2.21
NIO81.72
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$2.66
NIO98.15
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$37.27
NIO1,375.51
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$7.30
NIO269.32
|
|
pay 38.0% more for clothing
|
Panama City
|
Managua
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$74.93
NIO2,765.38
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$56.67
NIO2,091.38
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$109.40
NIO4,037.68
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$150.00
NIO5,536.01
|
|
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