Cost of living comparison
Finland is 38.4% more expensive than Panama.
If you lived in Finland instead of Panama, you would:
pay 56.7% more for restaurants
|
Panama
|
Finland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$14.18
€13.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.44
€9.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.58
€2.44
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.86
€1.77
|
|
pay 5.5% less for groceries
|
Panama
|
Finland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.29
€2.17
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$3.70
€3.51
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$4.27
€4.05
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.02
€2.86
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$5.38
€5.10
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.99
€0.94
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.82
€0.77
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.98
€0.93
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.67
€1.58
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.56
€0.53
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.75
€0.71
|
|
pay 78.9% more for transportation
|
Panama
|
Finland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$7.64
€7.25
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$60.52
€57.39
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$31,800.37
€30,158.27
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$18.35
€17.41
|
|
pay 2.1% less for housing
|
Panama
|
Finland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$22.24
€21.10
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$734.49
€696.56
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$604.75
€573.53
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$96.90
€91.90
|
|
pay 14.6% more for childcare
|
Panama
|
Finland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$291.42
€276.37
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$8,693.67
€8,244.75
|
|
pay 2.1 times more for entertainment and sports
|
Panama
|
Finland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$7.29
€6.91
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$4.21
€3.99
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$10.54
€9.99
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$41.73
€39.58
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$15.60
€14.79
|
|
pay 14.3% more for clothing
|
Panama
|
Finland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$75.15
€71.27
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$31.18
€29.57
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$82.09
€77.85
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$108.56
€102.96
|
|
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