Cost of living comparison
Panama City is 25.7% more expensive than Santiago.
If you lived in Panama City instead of Santiago, you would:
pay 2.9% more for restaurants
|
Santiago
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.36
CLF0.4400
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.24
CLF0.2900
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
CLF0.0600
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.37
CLF0.0500
|
$1.41
PAB1.41
|
|
pay 34.2% more for groceries
|
Santiago
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.48
CLF0.0500
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$5.49
CLF0.2000
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$4.59
CLF0.1600
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$3.97
CLF0.1400
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$2.88
CLF0.1000
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$0.96
CLF0.0300
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.71
CLF0.0300
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.91
CLF0.0300
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$0.84
CLF0.0300
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.80
CLF0.0300
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.66
CLF0.0200
|
$1.15
PAB1.15
|
|
pay 6.6% less for transportation
|
Santiago
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.14
CLF0.1800
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$41.20
CLF1.4700
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,540.00
CLF662.9500
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$12.41
CLF0.4400
|
$16.71
PAB16.71
|
|
pay 77.8% more for housing
|
Santiago
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.87
CLF0.7500
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$513.58
CLF18.3600
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$439.93
CLF15.7300
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$104.66
CLF3.7400
|
$94.84
PAB94.84
|
|
pay 35.2% more for childcare
|
Santiago
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$387.71
CLF13.8600
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$6,421.89
CLF229.6300
|
$10,092.67
PAB10,092.67
|
|
pay 17.6% more for entertainment and sports
|
Santiago
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.83
CLF0.1000
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$3.09
CLF0.1100
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.15
CLF0.1800
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$33.85
CLF1.2100
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$5.87
CLF0.2100
|
$7.00
PAB7.00
|
|
pay 18.9% more for clothing
|
Santiago
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.80
CLF1.8900
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$31.11
CLF1.1100
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$73.37
CLF2.6200
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$82.04
CLF2.9300
|
$108.75
PAB108.75
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama City or Santiago. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.