Cost of living
Panama compared to Herrera
🏛️
Overview comparison
PanamaHerrera
Consumer prices in Panama are roughly 4% higher than in Herrera.
Cost of living
| Item | Panama | Herrera |
|---|
| Total with rent one person | 1,234 | 1,423 |
|---|
| Total with rent family | 2,611 | 3,271 |
|---|
| Without rent one person | 517 | 664 |
|---|
| Without rent one family | 2,257 | 1,743 |
|---|
| Rent & Utilities person | 546.21 | 614.74 |
|---|
| Rent & Utilities family | 1,292.6 | 1,467.1 |
|---|
| Food person | 444 | 430 |
|---|
| Food family | 1,052 | 1,253 |
|---|
| Transport person | 45.39 | 41.29 |
|---|
| Transport family | 123.67 | 134.01 |
|---|
| Life expectancy | 78.99 years | 66.88 years |
|---|
Eating Out
| Item | Panama | Herrera |
|---|
| Lunch Menu | 14.58 | 5.73 |
|---|
| Dinner in a Restaurant, for 2 | 64.45 | 53.75 |
|---|
| Fast food meal, equiv. McDonald's | 8.59 | 8.79 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 3.55 | 3.69 |
|---|
| Cappuccino | 3.42 | 3.39 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.1 | 1.92 |
|---|
Rent & Utilities
| Item | Panama | Herrera |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 662.07 | 613.2 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 471.54 | 416.52 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,646.52 | 1,690.99 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 797.34 | 847.03 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 76.6 | 64.37 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 128.63 | 115.64 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 49.06 | 59.42 |
|---|
Transportation
| Item | Panama | Herrera |
|---|
| Local transport ticket | 6.93 | 5.25 |
|---|
| Monthly ticket local transport | 2,377 | 2,154 |
|---|
| Taxi Ride, 8 km or 5 mi | 1,753 | 1,553 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0.42 | 0.37 |
|---|
| Mortgage Interest Rate for 20 Years | 33.86% | 23.68% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 17.27 | 17.04 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.18 | 1.16 |
|---|
Groceries
| Item | Panama | Herrera |
|---|
| Milk, 1 L or 1 qt | 1.85 | 1.93 |
|---|
| Bread, 0.5 kg or 1.1 lb | 3.06 | 2.57 |
|---|
| Eggs, x12 | 2.25 | 3.05 |
|---|
| Cheese, 1 kg or 2.2 lb | 10.44 | 12.85 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 6.74 | 8.75 |
|---|
| Round Steak, 1 kg or 2.2 lb | 9.54 | 11.58 |
|---|
| Banana, 1 kg or 2.2 lb | 1.37 | 1.5 |
|---|
| Water, 1 L or 1 qt | 1.19 | 0.81 |
|---|
Other
| Item | Panama | Herrera |
|---|
| Gym Membership, 1 month | 47.23 | 46.83 |
|---|
| Cinema Ticket, 1 person | 7.57 | 6.17 |
|---|
| Doctors visit | 45.55 | 55.02 |
|---|
| Haircut, simple | 11.38 | 12.71 |
|---|
| Brand Jeans | 43.44 | 44.48 |
|---|
| Brand Sneakers | 103.69 | 81.9 |
|---|
| Daycare or Preschool, 1 month | 360.67 | 527.1 |
|---|
| International Primary School, 1 year | 8,660 | 7,449 |
|---|
