Cost of living comparison
Micronesia, Federated States of is 29.2% more expensive than Panama overall.
- Restaurants
-
pay 73.2% more in Micronesia, Federated States of
- Groceries
-
pay 15.2% more in Micronesia, Federated States of
- Transportation
-
pay 37.2% more in Micronesia, Federated States of
- Housing
-
pay 2.1 times more in Micronesia, Federated States of
- Childcare
-
pay 65.4% less in Micronesia, Federated States of
- Entertainment and Sports
-
pay 43.7% more in Micronesia, Federated States of
- Clothing
-
pay 8.3% less in Micronesia, Federated States of
The cost of housing, restaurants, entertainment and sports, transportation, and groceries in Micronesia, Federated States of are more expensive than in Panama. Expenses including childcare and clothing are lower in Micronesia, Federated States of. Notably, housing is significantly more expensive in Micronesia, Federated States of.
If you lived in Micronesia, Federated States of instead of Panama, you would:
pay 73.2% more for restaurants
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$21.62
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$9.12
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.32
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.75
|
|
pay 15.2% more for groceries
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.81
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$2.52
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$1.59
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$4.48
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.66
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$2.37
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.26
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.48
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.15
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.54
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.29
|
|
pay 37.2% more for transportation
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$11.84
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$32.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$3,497.00
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$16.71
|
|
pay 2.1 times more for housing
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$230.17
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$883.33
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$726.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$73.28
|
|
pay 65.4% less for childcare
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$142.50
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$1,442.50
|
|
pay 43.7% more for entertainment and sports
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$3.25
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.83
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$15.75
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$30.50
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$6.50
|
|
pay 8.3% less for clothing
|
Panama
|
Micronesia, Federated States of
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$42.50
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$42.00
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$75.00
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$64.50
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Micronesia, Federated States of or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.