Cost of living
Veraguas compared to Balboa
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Overview comparison
VeraguasBalboa
Consumer prices in Veraguas are roughly 6% higher than in Balboa.
Cost of living
| Item | Veraguas | Balboa |
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| Total with rent one person | 1,128 | 1,125 |
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| Total with rent family | 2,723 | 3,088 |
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| Without rent one person | 566 | 622 |
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| Without rent one family | 1,699 | 1,589 |
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| Rent & Utilities person | 699.11 | 730.47 |
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| Rent & Utilities family | 1,142.31 | 1,145.42 |
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| Food person | 525 | 353 |
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| Food family | 1,316 | 1,166 |
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| Transport person | 71.49 | 35.86 |
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| Transport family | 177.3 | 100.33 |
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| Life expectancy | 79.53 years | 74.61 years |
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Eating Out
| Item | Veraguas | Balboa |
|---|
| Lunch Menu | 9.9 | 9.89 |
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| Dinner in a Restaurant, for 2 | 62.16 | 46.43 |
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| Fast food meal, equiv. McDonald's | 7.83 | 8.51 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.26 | 2.97 |
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| Cappuccino | 3.21 | 4.26 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.63 | 1.59 |
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Rent & Utilities
| Item | Veraguas | Balboa |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 561.38 | 901.86 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 461.99 | 514.38 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,593.73 | 1,404.29 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 880.4 | 1,146.34 |
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| Utility Bill one person, electricity, heating, water, etc. | 85.07 | 79.89 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 123.64 | 99.2 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 54.03 | 57.61 |
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Transportation
| Item | Veraguas | Balboa |
|---|
| Local transport ticket | 6.85 | 6.11 |
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| Monthly ticket local transport | 2,594 | 2,398 |
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| Taxi Ride, 8 km or 5 mi | 1,444 | 1,492 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.34 | 0.38 |
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| Mortgage Interest Rate for 20 Years | 31.24% | 31.42% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 12.43 | 12.79 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.87 | 0.94 |
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Groceries
| Item | Veraguas | Balboa |
|---|
| Milk, 1 L or 1 qt | 1.74 | 1.43 |
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| Bread, 0.5 kg or 1.1 lb | 2.36 | 1.93 |
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| Eggs, x12 | 2.78 | 2.63 |
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| Cheese, 1 kg or 2.2 lb | 12 | 13.53 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.5 | 6.43 |
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| Round Steak, 1 kg or 2.2 lb | 10.43 | 11.17 |
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| Banana, 1 kg or 2.2 lb | 1.41 | 1.36 |
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| Water, 1 L or 1 qt | 0.89 | 0.94 |
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Other
| Item | Veraguas | Balboa |
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| Gym Membership, 1 month | 44.71 | 40.77 |
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| Cinema Ticket, 1 person | 7.06 | 5.78 |
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| Doctors visit | 38.41 | 38.96 |
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| Haircut, simple | 11.09 | 10.97 |
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| Brand Jeans | 50.78 | 49.7 |
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| Brand Sneakers | 74.51 | 105.64 |
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| Daycare or Preschool, 1 month | 414.12 | 474.98 |
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| International Primary School, 1 year | 10,609 | 8,474 |
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