Cost of living comparison
Panama City is 20.3% more expensive than The Valley.
- Restaurants
-
pay 41.4% less in Panama City
- Groceries
-
pay 18.5% less in Panama City
- Transportation
-
pay 49.7% less in Panama City
- Housing
-
pay 23.2% less in Panama City
- Childcare
-
pay 3.7 times more in Panama City
- Entertainment and Sports
-
pay 16.0% less in Panama City
Expenses including transportation, restaurants, housing, groceries, and entertainment and sports are lower in Panama City. Notably, childcare is significantly more expensive in Panama City.
If you lived in Panama City instead of The Valley, you would:
pay 41.4% less for restaurants
|
The Valley
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
EC$54.05
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
EC$27.03
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.50
EC$9.46
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$4.00
EC$10.81
|
$1.41
PAB1.41
|
|
pay 18.5% less for groceries
|
The Valley
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.50
EC$9.47
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$11.02
EC$29.79
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$6.60
EC$17.84
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$2.22
EC$6.00
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$7.38
EC$19.93
|
$3.41
PAB3.41
|
|
| Apples (1 lb) | ?? |
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.93
EC$2.50
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.11
EC$3.00
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$2.22
EC$6.00
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) | ?? |
$0.98
PAB0.98
|
|
| Onions (1 lb) | ?? |
$1.15
PAB1.15
|
|
pay 49.7% less for transportation
|
The Valley
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.50
EC$17.57
|
$3.69
PAB3.69
|
|
| Monthly public transit pass | ?? |
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$45,000.00
EC$121,614.75
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$16.71
PAB16.71
|
|
pay 23.2% less for housing
|
The Valley
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$55.00
EC$148.64
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area | ?? |
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$800.00
EC$2,162.04
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$229.41
EC$620.00
|
$94.84
PAB94.84
|
|
pay 3.7 times more for childcare
|
The Valley
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$100.00
EC$270.25
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$3,336.00
EC$9,015.71
|
$10,092.67
PAB10,092.67
|
|
pay 16.0% less for entertainment and sports
|
The Valley
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
EC$10.81
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$5.00
EC$13.51
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$45.00
EC$121.61
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema | ?? |
$7.00
PAB7.00
|
|
pay (unknown) more for clothing
|
The Valley
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
?? |
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
?? |
$87.62
PAB87.62
|
|
| Men's business shoes (leather) | ?? |
$108.75
PAB108.75
|
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