Cost of living comparison
Chile is 12.0% cheaper than Panama overall.
- Restaurants
-
pay 6.4% less in Chile
- Groceries
-
pay 22.7% less in Chile
- Transportation
-
pay 7.4% more in Chile
- Housing
-
pay 29.5% less in Chile
- Childcare
-
pay 13.8% less in Chile
- Entertainment and Sports
-
pay 0.9% less in Chile
- Clothing
-
pay 17.8% less in Chile
Expenses including housing, groceries, clothing, childcare, restaurants, and entertainment and sports are lower in Chile.
If you lived in Chile instead of Panama, you would:
pay 6.4% less for restaurants
|
Panama
|
Chile
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$8.12
CLF0.2000
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$7.20
CLF0.1800
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.33
CLF0.0300
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.18
CLF0.0300
|
|
pay 22.7% less for groceries
|
Panama
|
Chile
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.54
CLF0.0400
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$5.09
CLF0.1200
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$4.33
CLF0.1100
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.35
CLF0.0800
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.77
CLF0.0700
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.83
CLF0.0200
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.78
CLF0.0200
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.80
CLF0.0200
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.73
CLF0.0200
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.56
CLF0.0100
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.64
CLF0.0200
|
|
pay 7.4% more for transportation
|
Panama
|
Chile
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$5.14
CLF0.1300
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$33.34
CLF0.8200
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$16,204.48
CLF397.5100
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$13.18
CLF0.3200
|
|
pay 29.5% less for housing
|
Panama
|
Chile
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$21.54
CLF0.5300
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$453.06
CLF11.1100
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$359.28
CLF8.8100
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$78.13
CLF1.9200
|
|
pay 13.8% less for childcare
|
Panama
|
Chile
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$313.82
CLF7.7000
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$4,486.89
CLF110.0700
|
|
pay 0.9% less for entertainment and sports
|
Panama
|
Chile
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.73
CLF0.0700
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.69
CLF0.0700
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$5.08
CLF0.1200
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$40.53
CLF0.9900
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$5.89
CLF0.1400
|
|
pay 17.8% less for clothing
|
Panama
|
Chile
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$43.89
CLF1.0800
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$28.66
CLF0.7000
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$61.62
CLF1.5100
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$78.35
CLF1.9200
|
|
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