Cost of living comparison
Praia is 14.1% cheaper than Panama City.
- Restaurants
-
pay 27.3% less in Praia
- Groceries
-
pay 15.9% more in Praia
- Transportation
-
pay 25.9% more in Praia
- Housing
-
pay 18.4% less in Praia
- Childcare
-
pay 71.2% less in Praia
- Entertainment and Sports
-
pay 27.2% less in Praia
- Clothing
-
pay 3.4% more in Praia
The cost of transportation, groceries, and clothing in Praia are more expensive than in Panama City. Expenses including childcare, restaurants, entertainment and sports, and housing are lower in Praia.
If you lived in Praia instead of Panama City, you would:
pay 27.3% less for restaurants
|
Panama City
|
Praia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$4.86
CVE478.09
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$6.32
CVE621.52
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.78
CVE175.04
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.12
CVE110.01
|
|
pay 15.9% more for groceries
|
Panama City
|
Praia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$2.95
CVE290.11
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$7.94
CVE781.22
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$4.78
CVE470.54
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.20
CVE216.10
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$2.61
CVE256.98
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$2.00
CVE196.33
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.32
CVE130.12
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.56
CVE153.25
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$2.23
CVE219.75
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.21
CVE119.27
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.88
CVE86.74
|
|
pay 25.9% more for transportation
|
Panama City
|
Praia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$6.31
CVE620.57
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$20.42
CVE2,007.99
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$29,166.78
CVE2,868,552.82
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$17.26
CVE1,697.23
|
|
pay 18.4% less for housing
|
Panama City
|
Praia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$51.28
CVE5,043.87
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$583.34
CVE57,371.06
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$388.89
CVE38,247.37
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$113.61
CVE11,173.43
|
|
pay 71.2% less for childcare
|
Panama City
|
Praia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$110.42
CVE10,859.84
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$3,266.68
CVE321,277.92
|
|
pay 27.2% less for entertainment and sports
|
Panama City
|
Praia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$2.48
CVE243.83
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$1.49
CVE146.41
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$4.38
CVE430.28
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$36.46
CVE3,585.69
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.83
CVE573.71
|
|
pay 3.4% more for clothing
|
Panama City
|
Praia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$48.61
CVE4,780.92
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$38.89
CVE3,824.74
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$87.50
CVE8,605.66
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$131.25
CVE12,908.49
|
|
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