Cost of living comparison
Panama City is 53.7% more expensive than Praia.
If you lived in Panama City instead of Praia, you would:
pay 57.4% more for restaurants
|
Praia
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.86
CVE508.29
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.32
CVE660.77
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
CVE186.10
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.12
CVE116.96
|
$1.41
PAB1.41
|
|
pay 5.3% less for groceries
|
Praia
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
CVE308.43
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$7.94
CVE830.56
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$4.78
CVE500.26
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$2.20
CVE229.75
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$2.61
CVE273.21
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$2.00
CVE208.73
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$1.32
CVE138.33
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.56
CVE162.93
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$2.23
CVE233.63
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$1.21
CVE126.81
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.88
CVE92.22
|
$1.15
PAB1.15
|
|
pay 13.7% less for transportation
|
Praia
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.31
CVE659.76
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$20.42
CVE2,134.80
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,166.78
CVE3,049,712.85
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$17.26
CVE1,804.41
|
$16.71
PAB16.71
|
|
pay 38.8% more for housing
|
Praia
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.28
CVE5,362.41
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$583.34
CVE60,994.26
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$388.89
CVE40,662.84
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.61
CVE11,879.07
|
$94.84
PAB94.84
|
|
pay 3.5 times more for childcare
|
Praia
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$110.42
CVE11,545.68
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$3,266.68
CVE341,567.84
|
$10,092.67
PAB10,092.67
|
|
pay 47.5% more for entertainment and sports
|
Praia
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.48
CVE259.23
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$1.49
CVE155.65
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.38
CVE457.46
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$36.46
CVE3,812.14
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$5.83
CVE609.94
|
$7.00
PAB7.00
|
|
pay 2.3% less for clothing
|
Praia
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.61
CVE5,082.85
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$38.89
CVE4,066.28
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$87.50
CVE9,149.14
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$131.25
CVE13,723.71
|
$108.75
PAB108.75
|
|
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