Cost of living comparison
Liberia is 10.2% more expensive than Panama.
If you lived in Liberia instead of Panama, you would:
pay 43.2% more for restaurants
|
Panama
|
Liberia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$8.25
LRD1,522.56
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$11.00
LRD2,030.08
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.88
LRD346.04
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.50
LRD461.38
|
|
pay 88.3% more for groceries
|
Panama
|
Liberia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.65
LRD305.15
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$5.91
LRD1,089.86
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.08
LRD1,122.68
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.63
LRD669.55
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$4.48
LRD826.14
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.74
LRD137.01
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$2.58
LRD475.89
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$3.95
LRD729.65
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$3.18
LRD586.95
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.03
LRD190.07
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$3.88
LRD715.14
|
|
pay 28.5% less for transportation
|
Panama
|
Liberia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.03
LRD744.01
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$20.00
LRD3,691.05
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$5,069.87
LRD935,658.55
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$12.69
LRD2,342.33
|
|
pay 50.6% more for housing
|
Panama
|
Liberia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$93.25
LRD17,209.52
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$666.67
LRD123,035.10
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$90.00
LRD16,609.74
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$208.46
LRD38,471.31
|
|
pay 76.2% less for childcare
|
Panama
|
Liberia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$74.33
LRD13,717.93
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$1,500.00
LRD276,828.98
|
|
pay 25.9% more for entertainment and sports
|
Panama
|
Liberia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.50
LRD461.38
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$3.12
LRD576.73
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$5.00
LRD922.76
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$76.25
LRD14,072.14
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$9.75
LRD1,799.34
|
|
pay 31.6% less for clothing
|
Panama
|
Liberia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$18.41
LRD3,398.06
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$33.75
LRD6,228.65
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$56.25
LRD10,381.09
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$68.75
LRD12,688.00
|
|
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