Cost of living comparison
Panama is 3.7 times more expensive than Sri Lanka.
If you lived in Panama instead of Sri Lanka, you would:
pay 2.4 times more for restaurants
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.86
LKR837.48
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.80
LKR1,987.24
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.71
LKR206.77
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.35
LKR102.91
|
$1.17
PAB1.17
|
|
pay 61.2% more for groceries
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.56
LKR164.79
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$6.21
LKR1,816.68
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$6.31
LKR1,845.81
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.18
LKR636.89
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.29
LKR670.38
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$3.04
LKR887.83
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.44
LKR129.68
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$2.56
LKR749.30
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.50
LKR146.03
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.48
LKR140.97
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.44
LKR129.45
|
$1.01
PAB1.01
|
|
pay 2.3 times more for transportation
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.84
LKR1,413.98
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$10.76
LKR3,146.46
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,478.81
LKR9,497,569.28
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$3.09
LKR902.77
|
$16.61
PAB16.61
|
|
pay 3.7 times more for housing
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$13.80
LKR4,035.33
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$163.33
LKR47,762.67
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$123.34
LKR36,068.32
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.68
LKR8,972.19
|
$69.20
PAB69.20
|
|
pay 12.5 times more for childcare
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$26.94
LKR7,877.97
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$475.05
LKR138,917.27
|
$6,548.17
PAB6,548.17
|
|
pay 70.9% more for entertainment and sports
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.00
LKR585.52
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.35
LKR687.10
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.91
LKR2,604.70
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$14.75
LKR4,314.60
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$3.23
LKR943.94
|
$5.33
PAB5.33
|
|
pay 91.1% more for clothing
|
Sri Lanka
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$29.58
LKR8,648.45
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$19.20
LKR5,615.36
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$65.72
LKR19,217.97
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$33.57
LKR9,816.07
|
$100.42
PAB100.42
|
|
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