Cost of living comparison
New Zealand is 57.0% more expensive than Panama.
If you lived in New Zealand instead of Panama, you would:
pay 45.2% more for restaurants
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$13.17
NZ$22.09
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$8.60
NZ$14.43
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$2.13
NZ$3.58
|
|
| Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$1.99
NZ$3.33
|
|
pay 28.5% more for groceries
|
Panama
|
New Zealand
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.87
NZ$3.14
|
|
| Local cheese (8 oz) |
$5.28
PAB5.28
|
$4.07
NZ$6.82
|
|
| Milk (1 gallon) |
$6.34
PAB6.34
|
$6.91
NZ$11.59
|
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$6.29
NZ$10.55
|
|
| Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$4.25
NZ$7.12
|
|
| Apples (1 lb) |
$1.87
PAB1.87
|
$1.17
NZ$1.97
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$1.06
NZ$1.79
|
|
| Oranges (1 lb) |
$1.31
PAB1.31
|
$1.37
NZ$2.30
|
|
| Tomatoes (1 lb) |
$1.32
PAB1.32
|
$2.55
NZ$4.27
|
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.98
NZ$1.64
|
|
| Onions (1 lb) |
$0.95
PAB0.95
|
$0.89
NZ$1.49
|
|
pay 69.0% more for transportation
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.90
PAB3.90
|
$6.39
NZ$10.71
|
|
| Monthly public transit pass |
$23.33
PAB23.33
|
$64.20
NZ$107.67
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$23,268.60
NZ$39,024.92
|
|
| Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$18.67
NZ$31.32
|
|
pay 39.1% more for housing
|
Panama
|
New Zealand
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$51.53
NZ$86.43
|
|
| 1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$1,008.44
NZ$1,691.31
|
|
| 1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$831.90
NZ$1,395.21
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$87.73
NZ$147.14
|
|
pay 83.1% more for childcare
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$644.78
NZ$1,081.40
|
|
| Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$10,893.97
NZ$18,270.81
|
|
pay 2.0 times more for entertainment and sports
|
Panama
|
New Zealand
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$5.79
NZ$9.71
|
|
| Cappuccino in mid-range area |
$3.35
PAB3.35
|
$3.36
NZ$5.64
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$22.83
NZ$38.29
|
|
| Monthly membership at local gym |
$58.09
PAB58.09
|
$38.17
NZ$64.02
|
|
| Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$10.57
NZ$17.72
|
|
pay 33.4% more for clothing
|
Panama
|
New Zealand
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$65.21
NZ$109.36
|
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$40.47
NZ$67.88
|
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$98.20
NZ$164.70
|
|
| Men's business shoes (leather) |
$78.30
PAB78.30
|
$107.95
NZ$181.05
|
|
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