Cost of living comparison
Yerevan is 3.7% cheaper than Panama City.
- Restaurants
-
pay 26.1% less in Yerevan
- Groceries
-
pay 33.6% less in Yerevan
- Transportation
-
pay 5.8% less in Yerevan
- Housing
-
pay 19.9% less in Yerevan
- Childcare
-
pay 12.7% less in Yerevan
- Entertainment and Sports
-
pay 10.9% more in Yerevan
- Clothing
-
pay 61.2% more in Yerevan
The cost of clothing and entertainment and sports in Yerevan are more expensive than in Panama City. Expenses including groceries, restaurants, housing, childcare, and transportation are lower in Yerevan.
If you lived in Yerevan instead of Panama City, you would:
pay 26.1% less for restaurants
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$11.57
AMD4,514.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$9.00
AMD3,511.53
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$0.99
AMD387.38
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.60
AMD232.89
|
|
pay 33.6% less for groceries
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$0.86
AMD336.82
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$4.04
AMD1,574.00
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$6.24
AMD2,434.03
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.46
AMD960.54
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.37
AMD1,316.34
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.56
AMD217.78
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.83
AMD321.84
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.79
AMD308.30
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.01
AMD393.42
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.34
AMD130.92
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.32
AMD125.29
|
|
pay 5.8% less for transportation
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$5.29
AMD2,064.00
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$12.86
AMD5,016.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$30,864.95
AMD12,039,529.79
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$4.27
AMD1,665.47
|
|
pay 19.9% less for housing
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$22.21
AMD8,665.05
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$931.30
AMD363,272.82
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$625.77
AMD244,093.86
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$98.60
AMD38,461.79
|
|
pay 12.7% less for childcare
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$374.24
AMD145,979.30
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$9,037.50
AMD3,525,270.30
|
|
pay 10.9% more for entertainment and sports
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$2.06
AMD802.64
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.76
AMD1,467.55
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$2.57
AMD1,003.29
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$106.02
AMD41,353.58
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$7.72
AMD3,009.88
|
|
pay 61.2% more for clothing
|
Panama City
|
Yerevan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$111.12
AMD43,343.75
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$63.96
AMD24,947.27
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$139.93
AMD54,581.10
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$119.43
AMD46,587.75
|
|
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