Cost of living comparison
Madagascar is 27.9% cheaper than Panama.
If you lived in Madagascar instead of Panama, you would:
pay 45.4% less for restaurants
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$3.28
MGA15,105
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$4.52
MGA20,833
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$0.97
MGA4,485
|
|
| Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$0.66
MGA3,021
|
|
pay 44.4% less for groceries
|
Panama
|
Madagascar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.96
MGA4,417
|
|
| Local cheese (8 oz) |
$5.28
PAB5.28
|
$5.06
MGA23,313
|
|
| Milk (1 gallon) |
$6.34
PAB6.34
|
$3.72
MGA17,134
|
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$2.04
MGA9,392
|
|
| Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$2.70
MGA12,419
|
|
| Apples (1 lb) |
$1.87
PAB1.87
|
$0.74
MGA3,406
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.34
MGA1,556
|
|
| Oranges (1 lb) |
$1.31
PAB1.31
|
$0.58
MGA2,658
|
|
| Tomatoes (1 lb) |
$1.32
PAB1.32
|
$0.38
MGA1,752
|
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.28
MGA1,280
|
|
| Onions (1 lb) |
$0.95
PAB0.95
|
$0.39
MGA1,784
|
|
pay 12.7% less for transportation
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.90
PAB3.90
|
$4.51
MGA20,751
|
|
| Monthly public transit pass |
$23.33
PAB23.33
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$14,708.95
MGA67,721,725
|
|
| Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$11.31
MGA52,094
|
|
pay 38.2% less for housing
|
Panama
|
Madagascar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$62.29
MGA286,799
|
|
| 1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$299.81
MGA1,380,356
|
|
| 1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$109.21
MGA502,838
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$32.30
MGA148,722
|
|
pay 13.0% more for childcare
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$135.77
MGA625,124
|
|
| Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$11,892.46
MGA54,754,273
|
|
pay 40.1% less for entertainment and sports
|
Panama
|
Madagascar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$0.91
MGA4,167
|
|
| Cappuccino in mid-range area |
$3.35
PAB3.35
|
$1.19
MGA5,480
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$2.59
MGA11,928
|
|
| Monthly membership at local gym |
$58.09
PAB58.09
|
$33.94
MGA156,260
|
|
| Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$6.79
MGA31,250
|
|
pay 27.8% less for clothing
|
Panama
|
Madagascar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$18.59
MGA85,602
|
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$18.48
MGA85,080
|
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$79.19
MGA364,603
|
|
| Men's business shoes (leather) |
$78.30
PAB78.30
|
$64.20
MGA295,596
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Madagascar or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.