Cost of living
Union Choco compared to Panama
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Overview comparison
Union ChocoPanama
Consumer prices in Panama are roughly 9% higher than in Union Choco.
Cost of living
| Item | Union Choco | Panama |
|---|
| Total with rent one person | 1,133 | 1,234 |
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| Total with rent family | 2,806 | 2,611 |
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| Without rent one person | 609 | 517 |
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| Without rent one family | 2,002 | 2,257 |
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| Rent & Utilities person | 394.32 | 546.21 |
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| Rent & Utilities family | 832.71 | 1,292.6 |
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| Food person | 512 | 444 |
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| Food family | 1,227 | 1,052 |
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| Transport person | 40.93 | 45.39 |
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| Transport family | 105.56 | 123.67 |
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| Life expectancy | 68.94 years | 78.99 years |
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Eating Out
| Item | Union Choco | Panama |
|---|
| Lunch Menu | 9.32 | 14.58 |
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| Dinner in a Restaurant, for 2 | 61.75 | 64.45 |
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| Fast food meal, equiv. McDonald's | 8.66 | 8.59 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.62 | 3.55 |
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| Cappuccino | 4.11 | 3.42 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.77 | 2.1 |
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Rent & Utilities
| Item | Union Choco | Panama |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 457.87 | 662.07 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 353.53 | 471.54 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,212.74 | 1,646.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 554.03 | 797.34 |
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| Utility Bill one person, electricity, heating, water, etc. | 73.86 | 76.6 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 140.88 | 128.63 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 50.87 | 49.06 |
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Transportation
| Item | Union Choco | Panama |
|---|
| Local transport ticket | 5.02 | 6.93 |
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| Monthly ticket local transport | 2,692 | 2,377 |
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| Taxi Ride, 8 km or 5 mi | 1,415 | 1,753 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.63 | 0.42 |
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| Mortgage Interest Rate for 20 Years | 38.66% | 33.86% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 13.68 | 17.27 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.9 | 1.18 |
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Groceries
| Item | Union Choco | Panama |
|---|
| Milk, 1 L or 1 qt | 1.88 | 1.85 |
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| Bread, 0.5 kg or 1.1 lb | 2.82 | 3.06 |
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| Eggs, x12 | 2.5 | 2.25 |
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| Cheese, 1 kg or 2.2 lb | 14.13 | 10.44 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.74 | 6.74 |
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| Round Steak, 1 kg or 2.2 lb | 7.65 | 9.54 |
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| Banana, 1 kg or 2.2 lb | 1.81 | 1.37 |
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| Water, 1 L or 1 qt | 0.87 | 1.19 |
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Other
| Item | Union Choco | Panama |
|---|
| Gym Membership, 1 month | 32.15 | 47.23 |
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| Cinema Ticket, 1 person | 7.4 | 7.57 |
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| Doctors visit | 45.42 | 45.55 |
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| Haircut, simple | 7.15 | 11.38 |
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| Brand Jeans | 44.41 | 43.44 |
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| Brand Sneakers | 87.05 | 103.69 |
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| Daycare or Preschool, 1 month | 507.83 | 360.67 |
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| International Primary School, 1 year | 7,756 | 8,660 |
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