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Cost of living

Colon (Panama) compared to Panama City (Panama)

Overview comparison

Cost of living
945.86
1,139.87
Eating Out
13.02
11.73
Rent & Utilities
371.35
640.72
Transportation
507.2
587.4
Groceries
4.48
4.83
Other
1,075.47
1,190.65
Colon (Panama)Panama City (Panama)

Consumer prices in Panama City (Panama) are roughly 18% higher than in Colon (Panama).

Cost of living

ItemColon (Panama)Panama City (Panama)
Total with rent one person1,3911,638
Total with rent family3,1333,596
Without rent one person683704
Without rent one family1,5371,918
Rent & Utilities person695.18843.13
Rent & Utilities family859.121,715.82
Food person395437
Food family1,4221,296
Transport person58.8275
Transport family146.17245.29
Life expectancy84.2 years70.34 years

Eating Out

ItemColon (Panama)Panama City (Panama)
Lunch Menu13.959.63
Dinner in a Restaurant, for 248.943.56
Fast food meal, equiv. McDonald's6.747.98
Beer in a Pub, 0.5 L or 16 fl oz3.243.56
Cappuccino3.594.06
Pepsi / Coke, 0.5 L or 16.9 fl oz1.711.58

Rent & Utilities

ItemColon (Panama)Panama City (Panama)
1 bedroom apartment in city Center, 40 m2 or 430 ft2507.18756.23
Cheap 1 bedroom apartment, 40 m2 or 430 ft2482.32582.27
3 bedroom apartment in city Center, 80 m2 or 860 ft2757.111,782.62
Cheap 3 bedroom apartment, 80 m2 or 860 ft2518.981,107.26
Utility Bill one person, electricity, heating, water, etc.97.6266.1
Utility Bill for a Family, electricity, heating, water, etc.183.74143.25
Internet plan, 25 Mbps+ 1 month unlimited52.5247.31

Transportation

ItemColon (Panama)Panama City (Panama)
Local transport ticket5.266.84
Monthly ticket local transport2,1762,670
Taxi Ride, 8 km or 5 mi1,3231,395
Gas / Petrol, 1 L or 0.26 gal0.390.31
Mortgage Interest Rate for 20 Years32.95%26.33%
Apartment price to Buy in city Center, 1 m2 or 10 ft211.8112.38
House price to Buy in Suburbs, 1 m2 or 10 ft21.020.93

Groceries

ItemColon (Panama)Panama City (Panama)
Milk, 1 L or 1 qt1.641.44
Bread, 0.5 kg or 1.1 lb1.991.69
Eggs, x122.792.51
Cheese, 1 kg or 2.2 lb10.314.6
Chicken Breast, 1 kg or 2.2 lb7.437.11
Round Steak, 1 kg or 2.2 lb9.558.98
Banana, 1 kg or 2.2 lb1.321.32
Water, 1 L or 1 qt0.851.01

Other

ItemColon (Panama)Panama City (Panama)
Gym Membership, 1 month23.3947.39
Cinema Ticket, 1 person5.677.28
Doctors visit45.1650.48
Haircut, simple6.5112.21
Brand Jeans42.6556.45
Brand Sneakers82.6792.06
Daycare or Preschool, 1 month430.68519.33
International Primary School, 1 year7,9678,740