Cost of living comparison
Argentina is 20.3% cheaper than Panama.
If you lived in Argentina instead of Panama, you would:
pay 10.3% less for restaurants
|
Panama
|
Argentina
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$8.59
ARS8,535.85
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$6.73
ARS6,685.25
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.32
ARS1,312.73
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.00
ARS996.01
|
|
pay 31.3% less for groceries
|
Panama
|
Argentina
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.43
ARS1,418.43
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$3.84
ARS3,810.31
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$4.28
ARS4,250.39
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$1.79
ARS1,779.85
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.64
ARS2,623.72
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.91
ARS899.89
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.85
ARS842.34
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.64
ARS640.02
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.01
ARS999.99
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.46
ARS460.73
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.46
ARS453.87
|
|
pay 10.3% less for transportation
|
Panama
|
Argentina
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$3.66
ARS3,636.88
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$13.28
ARS13,189.64
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$28,930.00
ARS28,739,268.27
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$9.90
ARS9,831.01
|
|
pay 54.8% less for housing
|
Panama
|
Argentina
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$19.37
ARS19,239.38
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$303.40
ARS301,403.23
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$221.72
ARS220,253.78
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$41.92
ARS41,646.97
|
|
pay 49.5% less for childcare
|
Panama
|
Argentina
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$173.69
ARS172,542.40
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$2,841.72
ARS2,822,984.18
|
|
pay 35.9% less for entertainment and sports
|
Panama
|
Argentina
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.81
ARS1,797.33
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.09
ARS2,072.61
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$2.36
ARS2,341.96
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$18.92
ARS18,793.11
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$4.76
ARS4,732.34
|
|
pay 49.7% more for clothing
|
Panama
|
Argentina
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$79.59
ARS79,069.13
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$69.14
ARS68,687.66
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$107.64
ARS106,928.82
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$100.20
ARS99,536.01
|
|
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