Cost of living comparison
Panama City is 0.0% cheaper than Victoria.
- Restaurants
-
pay 29.8% less in Panama City
- Groceries
-
pay 1.0% less in Panama City
- Transportation
-
pay 33.2% less in Panama City
- Housing
-
pay 9.9% less in Panama City
- Childcare
-
pay 87.9% more in Panama City
- Entertainment and Sports
-
pay 31.6% less in Panama City
- Clothing
-
pay 17.3% more in Panama City
The cost of childcare and clothing in Panama City are more expensive than in Victoria. Expenses including transportation, entertainment and sports, restaurants, housing, and groceries are lower in Panama City. Notably, childcare is significantly more expensive in Panama City.
If you lived in Panama City instead of Victoria, you would:
pay 29.8% less for restaurants
Victoria
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.76
SCR245.70
|
$13.25
PAB13.25
|
|
Fast food combo meal
McDonalds, or similar
|
$9.71
SCR142.38
|
$8.00
PAB8.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.75
SCR40.39
|
$1.86
PAB1.86
|
|
Bottle of water (11 fl. oz) |
$2.71
SCR39.76
|
$1.41
PAB1.41
|
|
pay 1.0% less for groceries
Victoria
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
SCR33.60
|
$2.51
PAB2.51
|
|
Local cheese (8 oz) |
$18.13
SCR265.72
|
$6.39
PAB6.39
|
|
Milk (1 gallon) |
$7.52
SCR110.23
|
$6.80
PAB6.80
|
|
Eggs
1 dozen
|
$3.58
SCR52.42
|
$2.68
PAB2.68
|
|
Boneless chicken breast (1 lb) |
$3.00
SCR43.96
|
$3.41
PAB3.41
|
|
Apples (1 lb) |
$0.97
SCR14.24
|
$1.48
PAB1.48
|
|
Bananas (1 lb) |
$1.10
SCR16.10
|
$0.72
PAB0.72
|
|
Oranges (1 lb) |
$0.97
SCR14.24
|
$1.24
PAB1.24
|
|
Tomatoes (1 lb) |
$3.27
SCR47.88
|
$1.40
PAB1.40
|
|
Potatoes (1 lb) |
$0.82
SCR12.05
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.73
SCR10.71
|
$1.15
PAB1.15
|
|
pay 33.2% less for transportation
Victoria
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.82
SCR85.28
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$26.82
SCR393.12
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,617.26
SCR390,212.46
|
$19,750.00
PAB19,750.00
|
|
Taxi trip in downtown area (5 miles) |
$46.18
SCR677.04
|
$16.71
PAB16.71
|
|
pay 9.9% less for housing
Victoria
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$163.87
SCR2,402.39
|
$52.10
PAB52.10
|
|
1-Bedroom apartment in downtown area |
$979.92
SCR14,365.72
|
$1,023.81
PAB1,023.81
|
|
1-Bedroom apartment outside city center |
$794.53
SCR11,647.94
|
$755.88
PAB755.88
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$73.52
SCR1,077.74
|
$94.84
PAB94.84
|
|
pay 87.9% more for childcare
Victoria
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$167.60
SCR2,456.99
|
$439.17
PAB439.17
|
|
Middle school for 1 child, two semesters |
$8,868.55
SCR130,014.12
|
$10,092.67
PAB10,092.67
|
|
pay 31.6% less for entertainment and sports
Victoria
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.07
SCR59.61
|
$3.00
PAB3.00
|
|
Cappuccino in mid-range area |
$5.16
SCR75.68
|
$3.59
PAB3.59
|
|
Pack of cigarettes
Marlboro or similar
|
$22.89
SCR335.52
|
$5.50
PAB5.50
|
|
Monthly membership at local gym |
$95.81
SCR1,404.56
|
$47.27
PAB47.27
|
|
Movie ticket to theater/cinema |
$5.59
SCR81.90
|
$7.00
PAB7.00
|
|
pay 17.3% more for clothing
Victoria
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$68.58
SCR1,005.43
|
$53.91
PAB53.91
|
|
Regular dress
from H&M or similar store
|
$29.30
SCR429.52
|
$37.78
PAB37.78
|
|
Running shoes
Nike or Adidas
|
$73.44
SCR1,076.66
|
$87.62
PAB87.62
|
|
Men's business shoes (leather) |
$76.39
SCR1,119.94
|
$108.75
PAB108.75
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama City or Victoria. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.