Cost of living comparison
Taiwan is 3.3% more expensive than Panama.
If you lived in Taiwan instead of Panama, you would:
pay 43.9% less for restaurants
|
Panama
|
Taiwan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$4.21
NT$137.24
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$4.80
NT$156.66
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.95
NT$30.93
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.61
NT$19.91
|
|
pay 9.1% more for groceries
|
Panama
|
Taiwan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.76
NT$57.48
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$7.11
NT$232.07
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$11.33
NT$369.66
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$2.53
NT$82.65
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$3.21
NT$104.73
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.77
NT$57.81
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.80
NT$26.07
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.10
NT$35.77
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.27
NT$41.34
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.21
NT$39.42
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.96
NT$31.22
|
|
pay 19.1% more for transportation
|
Panama
|
Taiwan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$3.59
NT$117.13
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$37.87
NT$1,235.75
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$33,524.98
NT$1,093,953.63
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$9.35
NT$304.98
|
|
pay 45.9% less for housing
|
Panama
|
Taiwan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$18.76
NT$612.22
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$386.89
NT$12,624.72
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$269.95
NT$8,808.70
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$54.00
NT$1,762.13
|
|
pay 88.7% more for childcare
|
Panama
|
Taiwan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$472.11
NT$15,405.38
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$14,471.45
NT$472,217.83
|
|
pay 4.3% less for entertainment and sports
|
Panama
|
Taiwan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.82
NT$59.41
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.59
NT$84.53
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$4.00
NT$130.43
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$34.52
NT$1,126.41
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$9.29
NT$303.02
|
|
pay 0.1% more for clothing
|
Panama
|
Taiwan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$63.92
NT$2,085.89
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$28.11
NT$917.31
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$76.13
NT$2,484.16
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$91.74
NT$2,993.47
|
|
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