Cost of living comparison
Libya is 55.7% cheaper than Panama overall.
- Restaurants
-
pay 62.9% less in Libya
- Groceries
-
pay 57.3% less in Libya
- Transportation
-
pay 37.9% less in Libya
- Housing
-
pay 67.0% less in Libya
- Childcare
-
pay 81.0% less in Libya
- Entertainment and Sports
-
pay 55.0% less in Libya
- Clothing
-
pay 29.0% less in Libya
Expenses including childcare, housing, restaurants, groceries, entertainment and sports, and transportation are lower in Libya.
If you lived in Libya instead of Panama, you would:
pay 62.9% less for restaurants
|
Panama
|
Libya
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$4.61
LYD22.290
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$4.10
LYD19.810
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.48
LYD2.300
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.13
LYD0.640
|
|
pay 57.3% less for groceries
|
Panama
|
Libya
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.29
LYD1.420
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$2.75
LYD13.320
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$3.55
LYD17.160
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$1.68
LYD8.150
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$1.56
LYD7.550
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.71
LYD3.420
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.60
LYD2.900
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.42
LYD2.040
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.24
LYD1.180
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.28
LYD1.330
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.29
LYD1.390
|
|
pay 37.9% less for transportation
|
Panama
|
Libya
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$0.12
LYD0.560
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$23.74
LYD114.780
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$16,046.81
LYD77,591.910
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$10.88
LYD52.620
|
|
pay 67.0% less for housing
|
Panama
|
Libya
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$29.85
LYD144.360
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$191.92
LYD928.010
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$108.81
LYD526.130
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$17.03
LYD82.350
|
|
pay 81.0% less for childcare
|
Panama
|
Libya
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$58.75
LYD284.090
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$1,219.10
LYD5,894.780
|
|
pay 55.0% less for entertainment and sports
|
Panama
|
Libya
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$0.68
LYD3.300
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$0.63
LYD3.030
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$2.33
LYD11.270
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$25.64
LYD123.990
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$4.44
LYD21.460
|
|
pay 29.0% less for clothing
|
Panama
|
Libya
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$32.50
LYD157.130
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$32.80
LYD158.590
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$45.23
LYD218.720
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$65.98
LYD319.040
|
|
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