Cost of living comparison
Guinea-Bissau is 2.0% more expensive than Panama overall.
- Restaurants
-
pay 0.6% more in Guinea-Bissau
- Groceries
-
pay 4.0% less in Guinea-Bissau
- Transportation
-
pay 7.1% more in Guinea-Bissau
- Housing
-
pay 24.4% less in Guinea-Bissau
- Childcare
-
pay 44.4% more in Guinea-Bissau
- Entertainment and Sports
-
pay 49.8% less in Guinea-Bissau
- Clothing
-
pay 40.0% more in Guinea-Bissau
The cost of childcare, clothing, transportation, and restaurants in Guinea-Bissau are more expensive than in Panama. Expenses including entertainment and sports, housing, and groceries are lower in Guinea-Bissau.
If you lived in Guinea-Bissau instead of Panama, you would:
pay 0.6% more for restaurants
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$4.90
F CFA2,934
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$9.43
F CFA5,643
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.31
F CFA782
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.63
F CFA978
|
|
pay 4.0% less for groceries
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.90
F CFA539
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$7.28
F CFA4,355
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.18
F CFA3,702
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$4.90
F CFA2,934
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$5.93
F CFA3,549
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.85
F CFA1,109
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.44
F CFA266
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.85
F CFA1,109
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.07
F CFA44
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.59
F CFA355
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.59
F CFA355
|
|
pay 7.1% more for transportation
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.52
F CFA2,705
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$25.57
F CFA15,305
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$32,027.10
F CFA19,168,819
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$6.94
F CFA4,156
|
|
pay 24.4% less for housing
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$45.27
F CFA27,094
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$433.95
F CFA259,730
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$225.47
F CFA134,949
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$75.86
F CFA45,403
|
|
pay 44.4% more for childcare
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$765.65
F CFA458,255
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$2,307.50
F CFA1,381,083
|
|
pay 49.8% less for entertainment and sports
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.55
F CFA929
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.04
F CFA1,222
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$1.63
F CFA978
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$57.19
F CFA34,227
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$1.63
F CFA978
|
|
pay 40.0% more for clothing
|
Panama
|
Guinea-Bissau
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$89.86
F CFA53,785
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$57.19
F CFA34,227
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$81.69
F CFA48,896
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$106.20
F CFA63,564
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Guinea-Bissau or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.