Cost of living comparison
Guinea is 5.1% cheaper than Panama overall.
- Restaurants
-
pay 4.2% more in Guinea
- Groceries
-
pay 1.3% more in Guinea
- Transportation
-
pay 21.9% more in Guinea
- Housing
-
pay 7.1% more in Guinea
- Childcare
-
pay 2.4% less in Guinea
- Entertainment and Sports
-
pay 17.7% less in Guinea
- Clothing
-
pay 49.8% less in Guinea
The cost of transportation, housing, restaurants, and groceries in Guinea are more expensive than in Panama. Expenses including clothing, entertainment and sports, and childcare are lower in Guinea.
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
GNF55,675
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.77
GNF93,264
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.56
GNF13,518
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.20
GNF10,387
|
|
pay 1.3% more for groceries
|
Panama
|
Guinea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.32
GNF11,433
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$9.28
GNF80,321
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$8.22
GNF71,122
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$2.80
GNF24,252
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.83
GNF24,539
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.35
GNF11,656
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.11
GNF9,569
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.92
GNF7,955
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.28
GNF11,108
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.72
GNF6,248
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.72
GNF6,248
|
|
pay 21.9% more for transportation
|
Panama
|
Guinea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$5.09
GNF44,022
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$28.49
GNF246,609
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$33,000.00
GNF285,648,000
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$11.55
GNF99,977
|
|
pay 7.1% more for housing
|
Panama
|
Guinea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$80.91
GNF700,346
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$523.54
GNF4,531,756
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$462.34
GNF4,001,975
|
|
|
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
GNF55,308,343
|
|
pay 17.7% less for entertainment and sports
|
Panama
|
Guinea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.37
GNF20,544
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.00
GNF17,312
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$1.16
GNF10,062
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$70.01
GNF606,026
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$4.63
GNF40,106
|
|
pay 49.8% less for clothing
|
Panama
|
Guinea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$20.00
GNF173,120
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$25.00
GNF216,400
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$30.00
GNF259,680
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$50.00
GNF432,800
|
|
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