Cost of living
Panama City (Panama) compared to Union Choco
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Overview comparison
Panama City (Panama)Union Choco
Consumer prices in Panama City (Panama) are roughly 17% higher than in Union Choco.
Cost of living
| Item | Panama City (Panama) | Union Choco |
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| Total with rent one person | 1,638 | 1,133 |
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| Total with rent family | 3,596 | 2,806 |
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| Without rent one person | 704 | 609 |
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| Without rent one family | 1,918 | 2,002 |
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| Rent & Utilities person | 843.13 | 394.32 |
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| Rent & Utilities family | 1,715.82 | 832.71 |
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| Food person | 437 | 512 |
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| Food family | 1,296 | 1,227 |
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| Transport person | 75 | 40.93 |
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| Transport family | 245.29 | 105.56 |
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| Life expectancy | 70.34 years | 68.94 years |
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Eating Out
| Item | Panama City (Panama) | Union Choco |
|---|
| Lunch Menu | 9.63 | 9.32 |
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| Dinner in a Restaurant, for 2 | 43.56 | 61.75 |
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| Fast food meal, equiv. McDonald's | 7.98 | 8.66 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.56 | 2.62 |
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| Cappuccino | 4.06 | 4.11 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.58 | 1.77 |
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Rent & Utilities
| Item | Panama City (Panama) | Union Choco |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 756.23 | 457.87 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 582.27 | 353.53 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,782.62 | 1,212.74 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,107.26 | 554.03 |
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| Utility Bill one person, electricity, heating, water, etc. | 66.1 | 73.86 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 143.25 | 140.88 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 47.31 | 50.87 |
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Transportation
| Item | Panama City (Panama) | Union Choco |
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| Local transport ticket | 6.84 | 5.02 |
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| Monthly ticket local transport | 2,670 | 2,692 |
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| Taxi Ride, 8 km or 5 mi | 1,395 | 1,415 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.31 | 0.63 |
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| Mortgage Interest Rate for 20 Years | 26.33% | 38.66% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 12.38 | 13.68 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.93 | 0.9 |
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Groceries
| Item | Panama City (Panama) | Union Choco |
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| Milk, 1 L or 1 qt | 1.44 | 1.88 |
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| Bread, 0.5 kg or 1.1 lb | 1.69 | 2.82 |
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| Eggs, x12 | 2.51 | 2.5 |
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| Cheese, 1 kg or 2.2 lb | 14.6 | 14.13 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.11 | 6.74 |
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| Round Steak, 1 kg or 2.2 lb | 8.98 | 7.65 |
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| Banana, 1 kg or 2.2 lb | 1.32 | 1.81 |
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| Water, 1 L or 1 qt | 1.01 | 0.87 |
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Other
| Item | Panama City (Panama) | Union Choco |
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| Gym Membership, 1 month | 47.39 | 32.15 |
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| Cinema Ticket, 1 person | 7.28 | 7.4 |
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| Doctors visit | 50.48 | 45.42 |
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| Haircut, simple | 12.21 | 7.15 |
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| Brand Jeans | 56.45 | 44.41 |
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| Brand Sneakers | 92.06 | 87.05 |
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| Daycare or Preschool, 1 month | 519.33 | 507.83 |
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| International Primary School, 1 year | 8,740 | 7,756 |
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