Cost of living comparison
Philippines is 32.3% cheaper than Panama.
If you lived in Philippines instead of Panama, you would:
pay 56.7% less for restaurants
|
Panama
|
Philippines
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$3.66
₱213.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$3.20
₱186.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$0.77
₱44.89
|
|
| Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$0.43
₱25.15
|
|
pay 19.6% less for groceries
|
Panama
|
Philippines
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.15
₱67.34
|
|
| Local cheese (8 oz) |
$5.28
PAB5.28
|
$3.76
₱219.53
|
|
| Milk (1 gallon) |
$6.34
PAB6.34
|
$6.56
₱382.87
|
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$1.97
₱114.77
|
|
| Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$1.81
₱105.70
|
|
| Apples (1 lb) |
$1.87
PAB1.87
|
$1.23
₱71.54
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.65
₱37.72
|
|
| Oranges (1 lb) |
$1.31
PAB1.31
|
$1.08
₱63.20
|
|
| Tomatoes (1 lb) |
$1.32
PAB1.32
|
$0.63
₱37.06
|
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.87
₱50.54
|
|
| Onions (1 lb) |
$0.95
PAB0.95
|
$1.10
₱64.38
|
|
pay 19.6% less for transportation
|
Panama
|
Philippines
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.90
PAB3.90
|
$4.42
₱257.97
|
|
| Monthly public transit pass |
$23.33
PAB23.33
|
$12.06
₱704.14
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$29,092.26
₱1,697,970.11
|
|
| Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$2.70
₱157.37
|
|
pay 34.4% less for housing
|
Panama
|
Philippines
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$29.30
₱1,709.86
|
|
| 1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$265.23
₱15,480.28
|
|
| 1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$157.68
₱9,203.03
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$84.84
₱4,951.97
|
|
pay 37.5% less for childcare
|
Panama
|
Philippines
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$168.61
₱9,840.96
|
|
| Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$4,730.41
₱276,090.13
|
|
pay 35.0% less for entertainment and sports
|
Panama
|
Philippines
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$1.35
₱78.71
|
|
| Cappuccino in mid-range area |
$3.35
PAB3.35
|
$2.27
₱132.46
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$2.49
₱145.25
|
|
| Monthly membership at local gym |
$58.09
PAB58.09
|
$34.04
₱1,986.57
|
|
| Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$5.09
₱297.06
|
|
pay 23.2% less for clothing
|
Panama
|
Philippines
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$36.74
₱2,144.47
|
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$21.36
₱1,246.46
|
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$64.86
₱3,785.41
|
|
| Men's business shoes (leather) |
$78.30
PAB78.30
|
$57.49
₱3,355.45
|
|
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