Cost of living comparison
Switzerland is 3.0 times more expensive than Panama.
If you lived in Switzerland instead of Panama, you would:
pay 3.0 times more for restaurants
|
Panama
|
Switzerland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$27.66
CHF24.73
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$16.97
CHF15.17
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$4.67
CHF4.18
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$4.13
CHF3.69
|
|
pay 77.7% more for groceries
|
Panama
|
Switzerland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$3.64
CHF3.26
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$13.22
CHF11.82
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$7.31
CHF6.54
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$6.80
CHF6.07
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$12.89
CHF11.52
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.52
CHF1.36
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.03
CHF0.92
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.31
CHF1.17
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$2.85
CHF2.55
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.12
CHF1.00
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.07
CHF0.96
|
|
pay 2.8 times more for transportation
|
Panama
|
Switzerland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$7.83
CHF7.00
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$114.11
CHF102.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$36,806.66
CHF32,900.92
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$42.03
CHF37.57
|
|
pay 2.1 times more for housing
|
Panama
|
Switzerland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$53.46
CHF47.78
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$1,622.75
CHF1,450.55
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,411.84
CHF1,262.02
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$180.02
CHF160.92
|
|
pay 6.6 times more for childcare
|
Panama
|
Switzerland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$2,587.05
CHF2,312.52
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$30,321.56
CHF27,103.99
|
|
pay 2.6 times more for entertainment and sports
|
Panama
|
Switzerland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$7.82
CHF6.99
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$5.42
CHF4.84
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$10.09
CHF9.02
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$88.49
CHF79.10
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$21.15
CHF18.90
|
|
pay 94.3% more for clothing
|
Panama
|
Switzerland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$121.70
CHF108.78
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$61.65
CHF55.11
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$136.06
CHF121.62
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$176.75
CHF157.99
|
|
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