Cost of living comparison
Massachusetts is 2.3 times more expensive than Panama.
If you lived in Massachusetts instead of Panama, you would:
pay 82.4% more for restaurants
Panama
|
Massachusetts
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$21.19
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.79
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.62
|
|
Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.01
|
|
pay 49.8% more for groceries
Panama
|
Massachusetts
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$3.71
|
|
Local cheese (8 oz) |
$5.66
PAB5.66
|
$7.31
|
|
Milk (1 gallon) |
$6.43
PAB6.43
|
$4.52
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$4.50
|
|
Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$4.98
|
|
Apples (1 lb) |
$2.12
PAB2.12
|
$2.53
|
|
Bananas (1 lb) |
$0.61
PAB0.61
|
$0.77
|
|
Oranges (1 lb) |
$1.29
PAB1.29
|
$2.15
|
|
Tomatoes (1 lb) |
$1.16
PAB1.16
|
$2.69
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.71
|
|
Onions (1 lb) |
$1.01
PAB1.01
|
$1.44
|
|
pay 64.9% more for transportation
Panama
|
Massachusetts
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.92
PAB3.92
|
$3.51
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$71.71
|
|
New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$33,785.54
|
|
Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$17.40
|
|
pay 2.4 times more for housing
Panama
|
Massachusetts
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$68.08
|
|
1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$2,074.76
|
|
1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,940.55
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$139.83
|
|
pay 5.3 times more for childcare
Panama
|
Massachusetts
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$1,960.62
|
|
Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$26,428.57
|
|
pay 2.2 times more for entertainment and sports
Panama
|
Massachusetts
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$6.63
|
|
Cappuccino in mid-range area |
$3.39
PAB3.39
|
$5.00
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$12.10
|
|
Monthly membership at local gym |
$57.20
PAB57.20
|
$81.60
|
|
Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$14.20
|
|
pay 10.9% more for clothing
Panama
|
Massachusetts
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$50.62
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$41.05
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$83.58
|
|
Men's business shoes (leather) |
$100.42
PAB100.42
|
$116.52
|
|
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