Cost of living
Tocumen compared to Colon (Panama)
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Overview comparison
TocumenColon (Panama)
Consumer prices in Tocumen are roughly 14% higher than in Colon (Panama).
Cost of living
| Item | Tocumen | Colon (Panama) |
|---|
| Total with rent one person | 1,027 | 1,391 |
|---|
| Total with rent family | 2,739 | 3,133 |
|---|
| Without rent one person | 457 | 683 |
|---|
| Without rent one family | 1,895 | 1,537 |
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| Rent & Utilities person | 566.6 | 695.18 |
|---|
| Rent & Utilities family | 1,415.9 | 859.12 |
|---|
| Food person | 413 | 395 |
|---|
| Food family | 1,075 | 1,422 |
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| Transport person | 33.34 | 58.82 |
|---|
| Transport family | 120.79 | 146.17 |
|---|
| Life expectancy | 76.12 years | 84.2 years |
|---|
Eating Out
| Item | Tocumen | Colon (Panama) |
|---|
| Lunch Menu | 4.3 | 13.95 |
|---|
| Dinner in a Restaurant, for 2 | 71.86 | 48.9 |
|---|
| Fast food meal, equiv. McDonald's | 6.99 | 6.74 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.54 | 3.24 |
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| Cappuccino | 3.03 | 3.59 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.08 | 1.71 |
|---|
Rent & Utilities
| Item | Tocumen | Colon (Panama) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 699.42 | 507.18 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 399.34 | 482.32 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,525.37 | 757.11 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,134.19 | 518.98 |
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| Utility Bill one person, electricity, heating, water, etc. | 66.49 | 97.62 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 117.09 | 183.74 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 41.55 | 52.52 |
|---|
Transportation
| Item | Tocumen | Colon (Panama) |
|---|
| Local transport ticket | 6.18 | 5.26 |
|---|
| Monthly ticket local transport | 1,932 | 2,176 |
|---|
| Taxi Ride, 8 km or 5 mi | 1,351 | 1,323 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.35 | 0.39 |
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| Mortgage Interest Rate for 20 Years | 23.31% | 32.95% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 19.32 | 11.81 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.13 | 1.02 |
|---|
Groceries
| Item | Tocumen | Colon (Panama) |
|---|
| Milk, 1 L or 1 qt | 1.66 | 1.64 |
|---|
| Bread, 0.5 kg or 1.1 lb | 2.45 | 1.99 |
|---|
| Eggs, x12 | 2.34 | 2.79 |
|---|
| Cheese, 1 kg or 2.2 lb | 14.21 | 10.3 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.83 | 7.43 |
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| Round Steak, 1 kg or 2.2 lb | 8.76 | 9.55 |
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| Banana, 1 kg or 2.2 lb | 1.46 | 1.32 |
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| Water, 1 L or 1 qt | 0.98 | 0.85 |
|---|
Other
| Item | Tocumen | Colon (Panama) |
|---|
| Gym Membership, 1 month | 33.93 | 23.39 |
|---|
| Cinema Ticket, 1 person | 7.9 | 5.67 |
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| Doctors visit | 56.02 | 45.16 |
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| Haircut, simple | 11.69 | 6.51 |
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| Brand Jeans | 61.7 | 42.65 |
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| Brand Sneakers | 88.51 | 82.67 |
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| Daycare or Preschool, 1 month | 481.75 | 430.68 |
|---|
| International Primary School, 1 year | 10,662 | 7,967 |
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