Cost of living comparison
Somalia is 32.5% cheaper than Panama.
If you lived in Somalia instead of Panama, you would:
pay 52.6% less for restaurants
|
Panama
|
Somalia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$2.65
SOS1,513
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$5.33
SOS3,044
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$0.71
SOS407
|
|
| Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$0.48
SOS273
|
|
pay 20.8% less for groceries
|
Panama
|
Somalia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.97
SOS555
|
|
| Local cheese (8 oz) |
$5.28
PAB5.28
|
$1.96
SOS1,118
|
|
| Milk (1 gallon) |
$6.34
PAB6.34
|
$6.37
SOS3,637
|
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$2.23
SOS1,273
|
|
| Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$2.67
SOS1,525
|
|
| Apples (1 lb) |
$1.87
PAB1.87
|
$1.73
SOS986
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.88
SOS504
|
|
| Oranges (1 lb) |
$1.31
PAB1.31
|
$1.32
SOS751
|
|
| Tomatoes (1 lb) |
$1.32
PAB1.32
|
$0.54
SOS309
|
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.61
SOS347
|
|
| Onions (1 lb) |
$0.95
PAB0.95
|
$0.54
SOS309
|
|
pay 14.0% less for transportation
|
Panama
|
Somalia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.90
PAB3.90
|
$4.08
SOS2,329
|
|
| Monthly public transit pass |
$23.33
PAB23.33
|
$37.50
SOS21,404
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$5,750.00
SOS3,282,014
|
|
| Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$7.60
SOS4,338
|
|
pay 35.7% less for housing
|
Panama
|
Somalia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$30.62
SOS17,480
|
|
| 1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$207.78
SOS118,596
|
|
| 1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$86.25
SOS49,232
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$94.31
SOS53,833
|
|
pay 84.4% less for childcare
|
Panama
|
Somalia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$55.21
SOS31,512
|
|
| Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$922.50
SOS526,549
|
|
pay 30.9% more for entertainment and sports
|
Panama
|
Somalia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$8.50
SOS4,852
|
|
| Cappuccino in mid-range area |
$3.35
PAB3.35
|
$1.22
SOS698
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$1.34
SOS768
|
|
| Monthly membership at local gym |
$58.09
PAB58.09
|
$30.00
SOS17,124
|
|
| Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$5.00
SOS2,854
|
|
pay 50.8% less for clothing
|
Panama
|
Somalia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$18.61
SOS10,623
|
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$23.11
SOS13,191
|
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$25.89
SOS14,777
|
|
| Men's business shoes (leather) |
$78.30
PAB78.30
|
$45.78
SOS26,129
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Somalia or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.