Cost of living comparison
Turkey is 15.7% cheaper than Panama.
If you lived in Turkey instead of Panama, you would:
pay 29.6% less for restaurants
Panama
|
Turkey
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$6.91
TRY243.20
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$6.91
TRY243.23
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.17
TRY41.32
|
|
Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.42
TRY14.89
|
|
pay 46.5% less for groceries
Panama
|
Turkey
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.02
TRY35.73
|
|
Local cheese (8 oz) |
$5.66
PAB5.66
|
$4.97
TRY174.94
|
|
Milk (1 gallon) |
$6.43
PAB6.43
|
$3.15
TRY110.91
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$1.40
TRY49.21
|
|
Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.40
TRY84.39
|
|
Apples (1 lb) |
$2.12
PAB2.12
|
$0.37
TRY13.02
|
|
Bananas (1 lb) |
$0.61
PAB0.61
|
$0.87
TRY30.72
|
|
Oranges (1 lb) |
$1.29
PAB1.29
|
$0.42
TRY14.64
|
|
Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.51
TRY17.94
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.25
TRY8.72
|
|
Onions (1 lb) |
$1.01
PAB1.01
|
$0.21
TRY7.49
|
|
pay 16.0% more for transportation
Panama
|
Turkey
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.40
TRY154.83
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$19.27
TRY678.12
|
|
New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$44,819.35
TRY1,577,358.93
|
|
Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$6.29
TRY221.47
|
|
pay 48.4% less for housing
Panama
|
Turkey
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$11.31
TRY397.91
|
|
1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$442.81
TRY15,584.24
|
|
1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$336.49
TRY11,842.42
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$44.46
TRY1,564.81
|
|
pay 20.3% more for childcare
Panama
|
Turkey
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$408.60
TRY14,380.01
|
|
Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$6,892.93
TRY242,587.60
|
|
pay 19.5% less for entertainment and sports
Panama
|
Turkey
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.54
TRY89.48
|
|
Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.62
TRY92.26
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$1.91
TRY67.25
|
|
Monthly membership at local gym |
$57.20
PAB57.20
|
$36.34
TRY1,278.88
|
|
Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$5.10
TRY179.52
|
|
pay 2.5% less for clothing
Panama
|
Turkey
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$42.74
TRY1,504.23
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$40.74
TRY1,433.96
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$88.38
TRY3,110.41
|
|
Men's business shoes (leather) |
$100.42
PAB100.42
|
$74.39
TRY2,618.03
|
|
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