Cost of living
Micco compared to Panama City (United States)
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Overview comparison
MiccoPanama City (United States)
Consumer prices in Micco are roughly 50% higher than in Panama City (United States).
Cost of living
| Item | Micco | Panama City (United States) |
|---|
| Total with rent one person | 2,092 | 1,324 |
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| Total with rent family | 4,728 | 3,902 |
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| Without rent one person | 935 | 729 |
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| Without rent one family | 3,133 | 2,063 |
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| Rent & Utilities person | 1,403.19 | 780.22 |
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| Rent & Utilities family | 2,933.44 | 1,575.96 |
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| Food person | 700 | 361 |
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| Food family | 1,535 | 1,230 |
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| Transport person | 98.87 | 97.02 |
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| Transport family | 270.41 | 243.5 |
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| Life expectancy | 86.61 years | 65.65 years |
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Eating Out
| Item | Micco | Panama City (United States) |
|---|
| Lunch Menu | 20.29 | 10.06 |
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| Dinner in a Restaurant, for 2 | 86.88 | 45.68 |
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| Fast food meal, equiv. McDonald's | 11.11 | 9.55 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 6.15 | 3.4 |
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| Cappuccino | 6.41 | 4.24 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.24 | 2.25 |
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Rent & Utilities
| Item | Micco | Panama City (United States) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,959.4 | 1,019.09 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,069.6 | 650.54 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 3,268.61 | 1,619.61 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,578.35 | 1,236.23 |
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| Utility Bill one person, electricity, heating, water, etc. | 135.81 | 60.78 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 165.75 | 134.4 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 66.58 | 40.78 |
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Transportation
| Item | Micco | Panama City (United States) |
|---|
| Local transport ticket | 6.82 | 6.67 |
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| Monthly ticket local transport | 4,240 | 2,030 |
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| Taxi Ride, 8 km or 5 mi | 3,361 | 1,311 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.9 | 0.33 |
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| Mortgage Interest Rate for 20 Years | 61.44% | 30.15% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.78 | 13.45 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.18 | 0.85 |
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Groceries
| Item | Micco | Panama City (United States) |
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| Milk, 1 L or 1 qt | 1.08 | 1.58 |
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| Bread, 0.5 kg or 1.1 lb | 3.31 | 2.37 |
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| Eggs, x12 | 3.23 | 3.09 |
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| Cheese, 1 kg or 2.2 lb | 11.51 | 10.42 |
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| Chicken Breast, 1 kg or 2.2 lb | 10.03 | 7.68 |
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| Round Steak, 1 kg or 2.2 lb | 16.01 | 10.01 |
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| Banana, 1 kg or 2.2 lb | 2.1 | 1.7 |
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| Water, 1 L or 1 qt | 1.45 | 0.85 |
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Other
| Item | Micco | Panama City (United States) |
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| Gym Membership, 1 month | 52.14 | 45.37 |
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| Cinema Ticket, 1 person | 16.73 | 7.75 |
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| Doctors visit | 115.69 | 42.91 |
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| Haircut, simple | 20.95 | 15.36 |
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| Brand Jeans | 53.67 | 62.7 |
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| Brand Sneakers | 83.08 | 77.22 |
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| Daycare or Preschool, 1 month | 1,337.3 | 429.46 |
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| International Primary School, 1 year | 22,469 | 9,227 |
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