Cost of living
Panama City (United States) compared to Faribault
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Overview comparison
Panama City (United States)Faribault
Consumer prices in Faribault are roughly 52% higher than in Panama City (United States).
Cost of living
| Item | Panama City (United States) | Faribault |
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| Total with rent one person | 1,324 | 2,223 |
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| Total with rent family | 3,902 | 5,100 |
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| Without rent one person | 729 | 1,018 |
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| Without rent one family | 2,063 | 2,359 |
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| Rent & Utilities person | 780.22 | 1,803.67 |
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| Rent & Utilities family | 1,575.96 | 2,239.68 |
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| Food person | 361 | 499 |
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| Food family | 1,230 | 1,798 |
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| Transport person | 97.02 | 113.22 |
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| Transport family | 243.5 | 272.25 |
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| Life expectancy | 65.65 years | 69.71 years |
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Eating Out
| Item | Panama City (United States) | Faribault |
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| Lunch Menu | 10.06 | 20.14 |
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| Dinner in a Restaurant, for 2 | 45.68 | 81.06 |
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| Fast food meal, equiv. McDonald's | 9.55 | 12.28 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.4 | 6.82 |
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| Cappuccino | 4.24 | 4.76 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.25 | 2.62 |
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Rent & Utilities
| Item | Panama City (United States) | Faribault |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,019.09 | 1,993.51 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 650.54 | 1,168.99 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,619.61 | 2,975.57 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,236.23 | 2,575.7 |
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| Utility Bill one person, electricity, heating, water, etc. | 60.78 | 113.36 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 134.4 | 190.41 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 40.78 | 62.69 |
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Transportation
| Item | Panama City (United States) | Faribault |
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| Local transport ticket | 6.67 | 5.5 |
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| Monthly ticket local transport | 2,030 | 5,355 |
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| Taxi Ride, 8 km or 5 mi | 1,311 | 3,388 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.33 | 2 |
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| Mortgage Interest Rate for 20 Years | 30.15% | 82.03% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 13.45 | 21.29 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.85 | 1.15 |
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Groceries
| Item | Panama City (United States) | Faribault |
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| Milk, 1 L or 1 qt | 1.58 | 0.87 |
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| Bread, 0.5 kg or 1.1 lb | 2.37 | 4.19 |
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| Eggs, x12 | 3.09 | 3.4 |
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| Cheese, 1 kg or 2.2 lb | 10.42 | 13.95 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.68 | 13.16 |
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| Round Steak, 1 kg or 2.2 lb | 10.01 | 16.75 |
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| Banana, 1 kg or 2.2 lb | 1.7 | 1.88 |
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| Water, 1 L or 1 qt | 0.85 | 1.46 |
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Other
| Item | Panama City (United States) | Faribault |
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| Gym Membership, 1 month | 45.37 | 52.81 |
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| Cinema Ticket, 1 person | 7.75 | 14.86 |
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| Doctors visit | 42.91 | 112.55 |
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| Haircut, simple | 15.36 | 20.33 |
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| Brand Jeans | 62.7 | 58.29 |
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| Brand Sneakers | 77.22 | 89.56 |
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| Daycare or Preschool, 1 month | 429.46 | 1,266.03 |
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| International Primary School, 1 year | 9,227 | 23,431 |
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