Cost of living comparison
Madagascar is 35.1% cheaper than Panama.
If you lived in Madagascar instead of Panama, you would:
pay 49.0% less for restaurants
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$2.90
MGA13,536
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$4.30
MGA20,053
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.92
MGA4,295
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.65
MGA3,036
|
|
pay 49.8% less for groceries
|
Panama
|
Madagascar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.92
MGA4,288
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$5.17
MGA24,123
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$3.71
MGA17,310
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$1.80
MGA8,422
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.51
MGA11,711
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.64
MGA2,994
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.32
MGA1,483
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.55
MGA2,558
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.34
MGA1,573
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.28
MGA1,319
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.37
MGA1,717
|
|
pay 17.8% less for transportation
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.28
MGA19,974
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$11,817.99
MGA55,146,028
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$12.46
MGA58,154
|
|
pay 45.4% less for housing
|
Panama
|
Madagascar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$58.38
MGA272,436
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$241.73
MGA1,127,987
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$65.00
MGA303,329
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$35.96
MGA167,813
|
|
pay 1.1% more for childcare
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$89.71
MGA418,608
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$11,292.35
MGA52,693,241
|
|
pay 39.8% less for entertainment and sports
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$0.91
MGA4,261
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$1.13
MGA5,281
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$2.46
MGA11,480
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$30.89
MGA144,132
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$6.45
MGA30,080
|
|
pay 44.9% less for clothing
|
Panama
|
Madagascar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$14.15
MGA66,039
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$15.67
MGA73,110
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$71.98
MGA335,889
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$57.39
MGA267,792
|
|
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