Cost of living comparison
Santiago is 13.3% cheaper than Panama City.
- Restaurants
-
pay 2.7% less in Santiago
- Groceries
-
pay 20.0% less in Santiago
- Transportation
-
pay 18.1% more in Santiago
- Housing
-
pay 35.3% less in Santiago
- Childcare
-
pay 24.0% less in Santiago
- Entertainment and Sports
-
pay 14.1% less in Santiago
- Clothing
-
pay 15.1% less in Santiago
Expenses including housing, childcare, groceries, clothing, entertainment and sports, and restaurants are lower in Santiago.
If you lived in Santiago instead of Panama City, you would:
pay 2.7% less for restaurants
|
Panama City
|
Santiago
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$12.36
CLF0.3000
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$8.24
CLF0.2000
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.78
CLF0.0400
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.37
CLF0.0300
|
|
pay 20.0% less for groceries
|
Panama City
|
Santiago
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.48
CLF0.0400
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$5.49
CLF0.1300
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$4.59
CLF0.1100
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$3.97
CLF0.1000
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$2.88
CLF0.0700
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.96
CLF0.0200
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.71
CLF0.0200
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.91
CLF0.0200
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.84
CLF0.0200
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.80
CLF0.0200
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.66
CLF0.0200
|
|
pay 18.1% more for transportation
|
Panama City
|
Santiago
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.14
CLF0.1300
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$41.20
CLF1.0000
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$18,540.00
CLF451.4900
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$12.41
CLF0.3000
|
|
pay 35.3% less for housing
|
Panama City
|
Santiago
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$20.87
CLF0.5100
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$513.58
CLF12.5100
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$439.93
CLF10.7100
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$104.66
CLF2.5500
|
|
pay 24.0% less for childcare
|
Panama City
|
Santiago
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$387.71
CLF9.4400
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$6,421.89
CLF156.3900
|
|
pay 14.1% less for entertainment and sports
|
Panama City
|
Santiago
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$2.83
CLF0.0700
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.09
CLF0.0800
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$5.15
CLF0.1300
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$33.85
CLF0.8200
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.87
CLF0.1400
|
|
pay 15.1% less for clothing
|
Panama City
|
Santiago
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$52.80
CLF1.2900
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$31.11
CLF0.7600
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$73.37
CLF1.7900
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$82.04
CLF2.0000
|
|
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