Cost of living comparison

 Panama
compared to
New Caledonia vs. Panama Cost of Living Summary

New Caledonia is 91.2% more expensive than Panama overall.

Restaurants
pay 56.9% more in New Caledonia
Groceries
pay 91.7% more in New Caledonia
Transportation
pay 56.7% more in New Caledonia
Housing
pay 39.4% more in New Caledonia
Childcare
pay 2.4 times more in New Caledonia
Entertainment and Sports
pay 2.7 times more in New Caledonia
Clothing
pay 80.7% more in New Caledonia

The cost of entertainment and sports, childcare, groceries, clothing, restaurants, and transportation in New Caledonia are more expensive than in Panama. Notably, entertainment and sports, childcare, and groceries are significantly more expensive in New Caledonia.

New Caledonia vs. Panama Cost Breakdown

If you lived in New Caledonia instead of Panama, you would:

pay 56.9% more for restaurants

 
Panama
New Caledonia
Basic meal with drink at inexpensive restaurant $8.45
PAB8.45
$15.72
CFPF1,605
Fast food combo meal
McDonalds, or similar
$7.90
PAB7.90
$13.47
CFPF1,375
Bottle of Coca-Cola (11 fl. oz) $1.54
PAB1.54
$2.54
CFPF260

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pay 91.7% more for groceries

 
Panama
New Caledonia
Bread
1 loaf
$2.19
PAB2.19
$2.56
CFPF261
Local cheese (8 oz) $5.66
PAB5.66
$8.19
CFPF836
Milk (1 gallon) $6.43
PAB6.43
$4.15
CFPF423

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pay 56.7% more for transportation

 
Panama
New Caledonia
Gasoline (1 gallon) $3.92
PAB3.92
$5.77
CFPF589
Monthly public transit pass $25.00
PAB25.00
$57.93
CFPF5,914
New Volkswagen Golf 1.4 (standard edition) $18,916.67
PAB18,916.67
$31,659.34
CFPF3,232,048

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pay 39.4% more for housing

 
Panama
New Caledonia
Internet connection
50 mbps or faster, cable/dsl
$47.61
PAB47.61
$54.97
CFPF5,611
1-Bedroom apartment in downtown area $747.76
PAB747.76
$740.96
CFPF75,644
1-Bedroom apartment outside city center $567.84
PAB567.84
$655.64
CFPF66,933

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pay 2.4 times more for childcare

 
Panama
New Caledonia
Private preschool for 1 child, monthly $302.08
PAB302.08
$730.48
CFPF74,574
Middle school for 1 child, two semesters $6,548.17
PAB6,548.17
??

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pay 2.7 times more for entertainment and sports

 
Panama
New Caledonia
Domestic/local beer (1 pint) $1.95
PAB1.95
$10.33
CFPF1,054
Cappuccino in mid-range area $3.39
PAB3.39
$5.75
CFPF587
Pack of cigarettes
Marlboro or similar
$5.38
PAB5.38
$17.78
CFPF1,815

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pay 80.7% more for clothing

 
Panama
New Caledonia
Regular jeans
Levi's brand
$47.41
PAB47.41
$98.80
CFPF10,086
Regular dress
from H&M or similar store
$34.81
PAB34.81
$59.88
CFPF6,113
Running shoes
Nike or Adidas
$81.21
PAB81.21
$114.51
CFPF11,690

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2025
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