Cost of living comparison
New Zealand is 55.5% more expensive than Panama.
If you lived in New Zealand instead of Panama, you would:
pay 44.5% more for restaurants
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$13.47
NZ$22.98
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$8.81
NZ$15.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.16
NZ$3.69
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.94
NZ$3.32
|
|
pay 18.8% more for groceries
|
Panama
|
New Zealand
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.86
NZ$3.18
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$3.77
NZ$6.43
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.55
NZ$11.17
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$5.92
NZ$10.11
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$4.25
NZ$7.25
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.15
NZ$1.96
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.04
NZ$1.78
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.31
NZ$2.23
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$2.31
NZ$3.94
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.90
NZ$1.53
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.83
NZ$1.42
|
|
pay 68.7% more for transportation
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$6.26
NZ$10.68
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$69.15
NZ$117.96
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$24,735.85
NZ$42,193.38
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$17.90
NZ$30.53
|
|
pay 29.4% more for housing
|
Panama
|
New Zealand
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$51.16
NZ$87.26
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$1,007.66
NZ$1,718.83
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$809.64
NZ$1,381.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$91.68
NZ$156.38
|
|
pay 82.7% more for childcare
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$611.89
NZ$1,043.73
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$10,661.07
NZ$18,185.21
|
|
pay 2.2 times more for entertainment and sports
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$6.10
NZ$10.40
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$3.30
NZ$5.63
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$22.88
NZ$39.02
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$38.53
NZ$65.72
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$10.92
NZ$18.62
|
|
pay 22.9% more for clothing
|
Panama
|
New Zealand
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$65.31
NZ$111.40
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$40.78
NZ$69.57
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$93.71
NZ$159.85
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$121.74
NZ$207.67
|
|
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