Cost of living comparison
Panama is 49.6% more expensive than Thailand.
If you lived in Panama instead of Thailand, you would:
pay 2.5 times more for restaurants
Thailand
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.33
THB79.60
|
$8.45
PAB8.45
|
|
Fast food combo meal
McDonalds, or similar
|
$6.02
THB205.40
|
$7.90
PAB7.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.70
THB24.04
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.38
THB12.95
|
$1.17
PAB1.17
|
|
pay 52.2% more for groceries
Thailand
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$1.40
THB47.74
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$8.16
THB278.48
|
$5.66
PAB5.66
|
|
Milk (1 gallon) |
$6.68
THB228.06
|
$6.43
PAB6.43
|
|
Eggs
1 dozen
|
$2.05
THB69.82
|
$2.53
PAB2.53
|
|
Boneless chicken breast (1 lb) |
$1.29
THB44.03
|
$3.54
PAB3.54
|
|
Apples (1 lb) |
$1.23
THB42.00
|
$2.12
PAB2.12
|
|
Bananas (1 lb) |
$0.52
THB17.76
|
$0.61
PAB0.61
|
|
Oranges (1 lb) |
$0.82
THB27.81
|
$1.29
PAB1.29
|
|
Tomatoes (1 lb) |
$0.66
THB22.47
|
$1.16
PAB1.16
|
|
Potatoes (1 lb) |
$0.69
THB23.62
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.54
THB18.27
|
$1.01
PAB1.01
|
|
pay 4.6% more for transportation
Thailand
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.47
THB152.42
|
$3.92
PAB3.92
|
|
Monthly public transit pass |
$25.43
THB867.74
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$31,362.48
THB1,070,043.76
|
$18,916.67
PAB18,916.67
|
|
Taxi trip in downtown area (5 miles) |
$9.67
THB329.79
|
$16.61
PAB16.61
|
|
pay 2.1 times more for housing
Thailand
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$17.13
THB584.61
|
$47.61
PAB47.61
|
|
1-Bedroom apartment in downtown area |
$389.22
THB13,279.64
|
$747.76
PAB747.76
|
|
1-Bedroom apartment outside city center |
$225.23
THB7,684.69
|
$567.84
PAB567.84
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$55.17
THB1,882.46
|
$69.20
PAB69.20
|
|
pay 24.2% less for childcare
Thailand
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$341.66
THB11,656.90
|
$302.08
PAB302.08
|
|
Middle school for 1 child, two semesters |
$10,344.18
THB352,928.83
|
$6,548.17
PAB6,548.17
|
|
pay 24.4% more for entertainment and sports
Thailand
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.20
THB75.05
|
$1.95
PAB1.95
|
|
Cappuccino in mid-range area |
$1.90
THB64.81
|
$3.39
PAB3.39
|
|
Pack of cigarettes
Marlboro or similar
|
$3.85
THB131.26
|
$5.38
PAB5.38
|
|
Monthly membership at local gym |
$48.79
THB1,664.70
|
$57.20
PAB57.20
|
|
Movie ticket to theater/cinema |
$5.42
THB184.95
|
$5.33
PAB5.33
|
|
pay 23.2% more for clothing
Thailand
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$38.62
THB1,317.59
|
$47.41
PAB47.41
|
|
Regular dress
from H&M or similar store
|
$29.36
THB1,001.74
|
$34.81
PAB34.81
|
|
Running shoes
Nike or Adidas
|
$82.78
THB2,824.39
|
$81.21
PAB81.21
|
|
Men's business shoes (leather) |
$65.55
THB2,236.63
|
$100.42
PAB100.42
|
|
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