Cost of living
Panama compared to Veraguas
🏛️
Overview comparison
PanamaVeraguas
Consumer prices in Veraguas are roughly 6% higher than in Panama.
Cost of living
| Item | Panama | Veraguas |
|---|
| Total with rent one person | 1,234 | 1,128 |
|---|
| Total with rent family | 2,611 | 2,723 |
|---|
| Without rent one person | 517 | 566 |
|---|
| Without rent one family | 2,257 | 1,699 |
|---|
| Rent & Utilities person | 546.21 | 699.11 |
|---|
| Rent & Utilities family | 1,292.6 | 1,142.31 |
|---|
| Food person | 444 | 525 |
|---|
| Food family | 1,052 | 1,316 |
|---|
| Transport person | 45.39 | 71.49 |
|---|
| Transport family | 123.67 | 177.3 |
|---|
| Life expectancy | 78.99 years | 79.53 years |
|---|
Eating Out
| Item | Panama | Veraguas |
|---|
| Lunch Menu | 14.58 | 9.9 |
|---|
| Dinner in a Restaurant, for 2 | 64.45 | 62.16 |
|---|
| Fast food meal, equiv. McDonald's | 8.59 | 7.83 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 3.55 | 3.26 |
|---|
| Cappuccino | 3.42 | 3.21 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.1 | 1.63 |
|---|
Rent & Utilities
| Item | Panama | Veraguas |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 662.07 | 561.38 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 471.54 | 461.99 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,646.52 | 1,593.73 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 797.34 | 880.4 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 76.6 | 85.07 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 128.63 | 123.64 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 49.06 | 54.03 |
|---|
Transportation
| Item | Panama | Veraguas |
|---|
| Local transport ticket | 6.93 | 6.85 |
|---|
| Monthly ticket local transport | 2,377 | 2,594 |
|---|
| Taxi Ride, 8 km or 5 mi | 1,753 | 1,444 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0.42 | 0.34 |
|---|
| Mortgage Interest Rate for 20 Years | 33.86% | 31.24% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 17.27 | 12.43 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.18 | 0.87 |
|---|
Groceries
| Item | Panama | Veraguas |
|---|
| Milk, 1 L or 1 qt | 1.85 | 1.74 |
|---|
| Bread, 0.5 kg or 1.1 lb | 3.06 | 2.36 |
|---|
| Eggs, x12 | 2.25 | 2.78 |
|---|
| Cheese, 1 kg or 2.2 lb | 10.44 | 12 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 6.74 | 6.5 |
|---|
| Round Steak, 1 kg or 2.2 lb | 9.54 | 10.43 |
|---|
| Banana, 1 kg or 2.2 lb | 1.37 | 1.41 |
|---|
| Water, 1 L or 1 qt | 1.19 | 0.89 |
|---|
Other
| Item | Panama | Veraguas |
|---|
| Gym Membership, 1 month | 47.23 | 44.71 |
|---|
| Cinema Ticket, 1 person | 7.57 | 7.06 |
|---|
| Doctors visit | 45.55 | 38.41 |
|---|
| Haircut, simple | 11.38 | 11.09 |
|---|
| Brand Jeans | 43.44 | 50.78 |
|---|
| Brand Sneakers | 103.69 | 74.51 |
|---|
| Daycare or Preschool, 1 month | 360.67 | 414.12 |
|---|
| International Primary School, 1 year | 8,660 | 10,609 |
|---|
