Cost of living comparison
Israel is 70.4% more expensive than Panama.
If you lived in Israel instead of Panama, you would:
pay 88.9% more for restaurants
|
Panama
|
Israel
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$18.92
₪69.16
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$14.73
₪53.83
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.61
₪9.53
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.05
₪7.49
|
|
pay 1.7% less for groceries
|
Panama
|
Israel
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.24
₪8.20
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$6.94
₪25.36
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.77
₪24.73
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.74
₪13.66
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$4.50
₪16.43
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.39
₪5.08
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.90
₪3.30
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.79
₪2.88
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.90
₪3.28
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.63
₪2.30
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.60
₪2.20
|
|
pay 71.2% more for transportation
|
Panama
|
Israel
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$7.15
₪26.12
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$55.86
₪204.12
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$38,349.49
₪140,142.08
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$12.71
₪46.43
|
|
pay 45.0% more for housing
|
Panama
|
Israel
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$26.90
₪98.29
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$996.96
₪3,643.23
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$867.88
₪3,171.52
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$164.21
₪600.07
|
|
pay 2.4 times more for childcare
|
Panama
|
Israel
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$878.81
₪3,211.47
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$11,812.07
₪43,165.33
|
|
pay 2.0 times more for entertainment and sports
|
Panama
|
Israel
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$7.94
₪29.02
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$3.67
₪13.42
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$9.64
₪35.21
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$64.13
₪234.37
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$11.47
₪41.93
|
|
pay 49.0% more for clothing
|
Panama
|
Israel
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$83.32
₪304.47
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$53.42
₪195.20
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$112.69
₪411.80
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$128.71
₪470.35
|
|
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