Cost of living comparison
Guinea is 5.1% cheaper than Panama.
If you lived in Guinea instead of Panama, you would:
pay 4.2% more for restaurants
|
Panama
|
Guinea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$6.43
GNF55,594
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.77
GNF93,129
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.56
GNF13,499
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.20
GNF10,372
|
|
pay 1.3% more for groceries
|
Panama
|
Guinea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.32
GNF11,416
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$9.28
GNF80,205
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$8.22
GNF71,019
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$2.80
GNF24,217
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.83
GNF24,504
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.35
GNF11,639
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.11
GNF9,555
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.92
GNF7,943
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.28
GNF11,092
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.72
GNF6,239
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.72
GNF6,239
|
|
pay 21.9% more for transportation
|
Panama
|
Guinea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$5.09
GNF43,958
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$28.49
GNF246,253
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$33,000.00
GNF285,235,707
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$11.55
GNF99,832
|
|
pay 7.1% more for housing
|
Panama
|
Guinea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$80.91
GNF699,335
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$523.54
GNF4,525,215
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$462.34
GNF3,996,199
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
?? | |
pay 2.4% less for childcare
|
Panama
|
Guinea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
?? | |
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$6,389.60
GNF55,228,513
|
|
pay 17.7% less for entertainment and sports
|
Panama
|
Guinea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.37
GNF20,515
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.00
GNF17,287
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$1.16
GNF10,048
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$70.01
GNF605,152
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$4.63
GNF40,048
|
|
pay 49.8% less for clothing
|
Panama
|
Guinea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$20.00
GNF172,870
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$25.00
GNF216,088
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$30.00
GNF259,305
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$50.00
GNF432,175
|
|
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