Cost of living
Colon (Panama) compared to Panama Province
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Overview comparison
Colon (Panama)Panama Province
Consumer prices in Panama Province are roughly 9% higher than in Colon (Panama).
Cost of living
| Item | Colon (Panama) | Panama Province |
|---|
| Total with rent one person | 1,391 | 1,013 |
|---|
| Total with rent family | 3,133 | 2,751 |
|---|
| Without rent one person | 683 | 714 |
|---|
| Without rent one family | 1,537 | 1,944 |
|---|
| Rent & Utilities person | 695.18 | 684.19 |
|---|
| Rent & Utilities family | 859.12 | 730.68 |
|---|
| Food person | 395 | 381 |
|---|
| Food family | 1,422 | 1,030 |
|---|
| Transport person | 58.82 | 59.81 |
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| Transport family | 146.17 | 149.29 |
|---|
| Life expectancy | 84.2 years | 83.75 years |
|---|
Eating Out
| Item | Colon (Panama) | Panama Province |
|---|
| Lunch Menu | 13.95 | 13.13 |
|---|
| Dinner in a Restaurant, for 2 | 48.9 | 47.13 |
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| Fast food meal, equiv. McDonald's | 6.74 | 8 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.24 | 2.97 |
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| Cappuccino | 3.59 | 4.38 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.71 | 1.77 |
|---|
Rent & Utilities
| Item | Colon (Panama) | Panama Province |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 507.18 | 523.04 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 482.32 | 475.34 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 757.11 | 619.63 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 518.98 | 481.46 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 97.62 | 91.71 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 183.74 | 137.09 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 52.52 | 50.6 |
|---|
Transportation
| Item | Colon (Panama) | Panama Province |
|---|
| Local transport ticket | 5.26 | 5.82 |
|---|
| Monthly ticket local transport | 2,176 | 2,678 |
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| Taxi Ride, 8 km or 5 mi | 1,323 | 1,567 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.39 | 0.46 |
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| Mortgage Interest Rate for 20 Years | 32.95% | 34.51% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 11.81 | 11.38 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.02 | 1.2 |
|---|
Groceries
| Item | Colon (Panama) | Panama Province |
|---|
| Milk, 1 L or 1 qt | 1.64 | 1.62 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.99 | 2.39 |
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| Eggs, x12 | 2.79 | 2.95 |
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| Cheese, 1 kg or 2.2 lb | 10.3 | 11.18 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.43 | 6.18 |
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| Round Steak, 1 kg or 2.2 lb | 9.55 | 11.94 |
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| Banana, 1 kg or 2.2 lb | 1.32 | 1.72 |
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| Water, 1 L or 1 qt | 0.85 | 1 |
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Other
| Item | Colon (Panama) | Panama Province |
|---|
| Gym Membership, 1 month | 23.39 | 29.54 |
|---|
| Cinema Ticket, 1 person | 5.67 | 5.98 |
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| Doctors visit | 45.16 | 40.14 |
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| Haircut, simple | 6.51 | 5.77 |
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| Brand Jeans | 42.65 | 43.25 |
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| Brand Sneakers | 82.67 | 78.52 |
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| Daycare or Preschool, 1 month | 430.68 | 471.87 |
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| International Primary School, 1 year | 7,967 | 10,316 |
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