Cost of living comparison
Panama City is 31.1% cheaper than Paris.
If you lived in Panama City instead of Paris, you would:
pay 40.6% less for restaurants
|
Paris
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.41
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.86
€12.33
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.09
€3.92
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$2.96
€2.84
|
$1.41
PAB1.41
|
|
pay 16.0% less for groceries
|
Paris
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
€1.92
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$11.23
€10.77
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$5.41
€5.18
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$4.85
€4.65
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$6.32
€6.06
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.58
€1.52
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$1.05
€1.01
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.50
€1.44
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$1.78
€1.70
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$1.10
€1.06
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.21
€1.16
|
$1.15
PAB1.15
|
|
pay 49.3% less for transportation
|
Paris
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.65
€7.34
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$92.60
€88.78
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,688.77
€31,341.11
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.84
€23.82
|
$16.71
PAB16.71
|
|
pay 12.1% less for housing
|
Paris
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.65
€32.27
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$1,367.25
€1,310.88
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$1,057.37
€1,013.78
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$188.37
€180.60
|
$94.84
PAB94.84
|
|
pay 39.3% less for childcare
|
Paris
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$756.26
€725.08
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$15,942.48
€15,285.22
|
$10,092.67
PAB10,092.67
|
|
pay 31.2% less for entertainment and sports
|
Paris
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.50
€7.19
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$4.31
€4.14
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€12.84
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$36.48
€34.98
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$13.93
€13.36
|
$7.00
PAB7.00
|
|
pay 28.9% less for clothing
|
Paris
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.81
€99.53
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$46.57
€44.65
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$111.54
€106.94
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$148.98
€142.83
|
$108.75
PAB108.75
|
|
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