Cost of living comparison
Taipei is 0.3% cheaper than Panama City.
- Restaurants
-
pay 47.1% less in Taipei
- Groceries
-
pay 19.4% more in Taipei
- Transportation
-
pay 19.2% more in Taipei
- Housing
-
pay 40.9% less in Taipei
- Childcare
-
pay 60.0% more in Taipei
- Entertainment and Sports
-
pay 7.5% less in Taipei
- Clothing
-
pay 5.3% less in Taipei
The cost of childcare, groceries, and transportation in Taipei are more expensive than in Panama City. Expenses including restaurants, housing, entertainment and sports, and clothing are lower in Taipei.
If you lived in Taipei instead of Panama City, you would:
pay 47.1% less for restaurants
Panama City
|
Taipei
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$6.18
NT$184.99
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$5.01
NT$149.84
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.00
NT$30.05
|
|
Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.68
NT$20.32
|
|
pay 19.4% more for groceries
Panama City
|
Taipei
|
||
---|---|---|---|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.86
NT$55.60
|
|
Local cheese (8 oz) |
$6.39
PAB6.39
|
$8.37
NT$250.55
|
|
Milk (1 gallon) |
$6.80
PAB6.80
|
$10.77
NT$322.22
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.72
NT$81.30
|
|
Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$4.37
NT$130.62
|
|
Apples (1 lb) |
$1.48
PAB1.48
|
$2.06
NT$61.69
|
|
Bananas (1 lb) |
$0.72
PAB0.72
|
$1.01
NT$30.31
|
|
Oranges (1 lb) |
$1.24
PAB1.24
|
$1.25
NT$37.30
|
|
Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.56
NT$46.52
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.30
NT$38.87
|
|
Onions (1 lb) |
$1.15
PAB1.15
|
$1.11
NT$33.21
|
|
pay 19.2% more for transportation
Panama City
|
Taipei
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.68
NT$110.23
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$37.10
NT$1,109.91
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$34,750.62
NT$1,039,616.75
|
|
Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$8.81
NT$263.60
|
|
pay 40.9% less for housing
Panama City
|
Taipei
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$24.04
NT$719.15
|
|
1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$630.95
NT$18,875.79
|
|
1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$465.35
NT$13,921.73
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$63.62
NT$1,903.30
|
|
pay 60.0% more for childcare
Panama City
|
Taipei
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$610.09
NT$18,251.87
|
|
Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$18,275.33
NT$546,734.00
|
|
pay 7.5% less for entertainment and sports
Panama City
|
Taipei
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$2.63
NT$78.62
|
|
Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.05
NT$91.17
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$3.71
NT$110.99
|
|
Monthly membership at local gym |
$47.27
PAB47.27
|
$38.32
NT$1,146.29
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$9.89
NT$295.98
|
|
pay 5.3% less for clothing
Panama City
|
Taipei
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$56.02
NT$1,675.97
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$31.15
NT$932.00
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$85.26
NT$2,550.66
|
|
Men's business shoes (leather) |
$108.75
PAB108.75
|
$103.43
NT$3,094.30
|
|
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