Cost of living comparison
Florida is 79.0% more expensive than Panama overall.
- Restaurants
-
pay 76.5% more in Florida
- Groceries
-
pay 38.7% more in Florida
- Transportation
-
pay 48.9% more in Florida
- Housing
-
pay 2.2 times more in Florida
- Childcare
-
pay 2.8 times more in Florida
- Entertainment and Sports
-
pay 81.2% more in Florida
- Clothing
-
pay 8.0% more in Florida
The cost of childcare, housing, entertainment and sports, restaurants, transportation, and groceries in Florida are more expensive than in Panama. Notably, childcare, housing, and entertainment and sports are significantly more expensive in Florida.
If you lived in Florida instead of Panama, you would:
pay 76.5% more for restaurants
|
Panama
|
Florida
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$19.47
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.18
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.61
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.07
|
|
pay 38.7% more for groceries
|
Panama
|
Florida
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$3.56
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$6.40
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$4.19
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.70
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$5.23
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$2.40
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.77
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$2.09
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$2.18
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.42
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.60
|
|
pay 48.9% more for transportation
|
Panama
|
Florida
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$3.36
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$61.15
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$31,918.41
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$16.07
|
|
pay 2.2 times more for housing
|
Panama
|
Florida
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$64.97
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$1,891.59
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,611.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$146.62
|
|
pay 2.8 times more for childcare
|
Panama
|
Florida
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$923.14
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$16,426.17
|
|
pay 81.2% more for entertainment and sports
|
Panama
|
Florida
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$5.61
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$4.94
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$7.80
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$42.55
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$13.47
|
|
pay 8.0% more for clothing
|
Panama
|
Florida
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$49.20
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$41.16
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$85.28
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$105.33
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Florida or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.