Cost of living comparison
The Valley is 37.7% more expensive than Panama City.
- Restaurants
-
pay 86.9% more in The Valley
- Groceries
-
pay 35.7% more in The Valley
- Transportation
-
pay 2.0 times more in The Valley
- Housing
-
pay 51.1% more in The Valley
- Childcare
-
pay 72.1% less in The Valley
- Entertainment and Sports
-
pay 22.6% more in The Valley
The cost of transportation, restaurants, housing, groceries, and entertainment and sports in The Valley are more expensive than in Panama City. Notably, transportation and restaurants are significantly more expensive in The Valley.
If you lived in The Valley instead of Panama City, you would:
pay 86.9% more for restaurants
|
Panama City
|
The Valley
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$20.00
EC$54.05
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$10.00
EC$27.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$3.50
EC$9.46
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$4.00
EC$10.81
|
|
pay 35.7% more for groceries
|
Panama City
|
The Valley
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$3.50
EC$9.47
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$11.02
EC$29.79
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$6.60
EC$17.84
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.22
EC$6.00
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$7.38
EC$19.93
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
?? | |
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.93
EC$2.50
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.11
EC$3.00
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$2.22
EC$6.00
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
?? | |
| Onions (1 lb) |
$1.15
PAB1.15
|
?? | |
pay 2.0 times more for transportation
|
Panama City
|
The Valley
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$6.50
EC$17.57
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$45,000.00
EC$121,614.75
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
?? | |
pay 51.1% more for housing
|
Panama City
|
The Valley
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$55.00
EC$148.64
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
?? | |
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$800.00
EC$2,162.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$229.41
EC$620.00
|
|
pay 72.1% less for childcare
|
Panama City
|
The Valley
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$100.00
EC$270.25
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$3,336.00
EC$9,015.71
|
|
pay 22.6% more for entertainment and sports
|
Panama City
|
The Valley
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$4.00
EC$10.81
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$5.00
EC$13.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
?? | |
| Monthly membership at local gym |
$47.27
PAB47.27
|
$45.00
EC$121.61
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
?? | |
pay (unknown) more for clothing
|
Panama City
|
The Valley
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
?? | |
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
?? | |
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
?? | |
| Men's business shoes (leather) |
$108.75
PAB108.75
|
?? |
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