Cost of living
Santiago de Veraguas compared to Panama City (Panama)
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Overview comparison
Santiago de VeraguasPanama City (Panama)
Consumer prices in Panama City (Panama) are roughly 20% higher than in Santiago de Veraguas.
Cost of living
| Item | Santiago de Veraguas | Panama City (Panama) |
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| Total with rent one person | 1,076 | 1,638 |
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| Total with rent family | 3,099 | 3,596 |
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| Without rent one person | 627 | 704 |
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| Without rent one family | 1,957 | 1,918 |
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| Rent & Utilities person | 424.23 | 843.13 |
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| Rent & Utilities family | 731.05 | 1,715.82 |
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| Food person | 462 | 437 |
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| Food family | 1,203 | 1,296 |
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| Transport person | 49.91 | 75 |
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| Transport family | 124.94 | 245.29 |
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| Life expectancy | 81.39 years | 70.34 years |
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Eating Out
| Item | Santiago de Veraguas | Panama City (Panama) |
|---|
| Lunch Menu | 10.28 | 9.63 |
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| Dinner in a Restaurant, for 2 | 50.24 | 43.56 |
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| Fast food meal, equiv. McDonald's | 8.13 | 7.98 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.06 | 3.56 |
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| Cappuccino | 3.59 | 4.06 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.66 | 1.58 |
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Rent & Utilities
| Item | Santiago de Veraguas | Panama City (Panama) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 477.98 | 756.23 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 337.92 | 582.27 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 873.28 | 1,782.62 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 476.38 | 1,107.26 |
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| Utility Bill one person, electricity, heating, water, etc. | 73.22 | 66.1 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 128.89 | 143.25 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 54.55 | 47.31 |
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Transportation
| Item | Santiago de Veraguas | Panama City (Panama) |
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| Local transport ticket | 6.58 | 6.84 |
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| Monthly ticket local transport | 2,071 | 2,670 |
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| Taxi Ride, 8 km or 5 mi | 1,686 | 1,395 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.64 | 0.31 |
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| Mortgage Interest Rate for 20 Years | 35.93% | 26.33% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 14.83 | 12.38 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.08 | 0.93 |
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Groceries
| Item | Santiago de Veraguas | Panama City (Panama) |
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| Milk, 1 L or 1 qt | 1.58 | 1.44 |
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| Bread, 0.5 kg or 1.1 lb | 2.12 | 1.69 |
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| Eggs, x12 | 2.33 | 2.51 |
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| Cheese, 1 kg or 2.2 lb | 12.85 | 14.6 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.17 | 7.11 |
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| Round Steak, 1 kg or 2.2 lb | 7.85 | 8.98 |
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| Banana, 1 kg or 2.2 lb | 1.36 | 1.32 |
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| Water, 1 L or 1 qt | 1.04 | 1.01 |
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Other
| Item | Santiago de Veraguas | Panama City (Panama) |
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| Gym Membership, 1 month | 30.45 | 47.39 |
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| Cinema Ticket, 1 person | 5.93 | 7.28 |
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| Doctors visit | 37 | 50.48 |
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| Haircut, simple | 7.4 | 12.21 |
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| Brand Jeans | 59.67 | 56.45 |
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| Brand Sneakers | 74.04 | 92.06 |
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| Daycare or Preschool, 1 month | 380.12 | 519.33 |
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| International Primary School, 1 year | 7,842 | 8,740 |
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