Cost of living
Panama City (United States) compared to Richmond West
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Overview comparison
Panama City (United States)Richmond West
Consumer prices in Richmond West are roughly 48% higher than in Panama City (United States).
Cost of living
| Item | Panama City (United States) | Richmond West |
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| Total with rent one person | 1,324 | 2,330 |
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| Total with rent family | 3,902 | 6,812 |
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| Without rent one person | 729 | 749 |
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| Without rent one family | 2,063 | 2,627 |
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| Rent & Utilities person | 780.22 | 1,750.22 |
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| Rent & Utilities family | 1,575.96 | 2,541.5 |
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| Food person | 361 | 666 |
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| Food family | 1,230 | 1,516 |
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| Transport person | 97.02 | 93.52 |
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| Transport family | 243.5 | 231.76 |
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| Life expectancy | 65.65 years | 78.67 years |
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Eating Out
| Item | Panama City (United States) | Richmond West |
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| Lunch Menu | 10.06 | 16.1 |
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| Dinner in a Restaurant, for 2 | 45.68 | 77.79 |
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| Fast food meal, equiv. McDonald's | 9.55 | 8.78 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.4 | 4.91 |
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| Cappuccino | 4.24 | 5.78 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.25 | 3.02 |
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Rent & Utilities
| Item | Panama City (United States) | Richmond West |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,019.09 | 2,019.38 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 650.54 | 1,546.41 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,619.61 | 2,801.65 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,236.23 | 2,855.73 |
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| Utility Bill one person, electricity, heating, water, etc. | 60.78 | 106.8 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 134.4 | 220.43 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 40.78 | 62.94 |
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Transportation
| Item | Panama City (United States) | Richmond West |
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| Local transport ticket | 6.67 | 7.55 |
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| Monthly ticket local transport | 2,030 | 3,849 |
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| Taxi Ride, 8 km or 5 mi | 1,311 | 2,982 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.33 | 2.46 |
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| Mortgage Interest Rate for 20 Years | 30.15% | 64.72% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 13.45 | 19.35 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.85 | 1.13 |
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Groceries
| Item | Panama City (United States) | Richmond West |
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| Milk, 1 L or 1 qt | 1.58 | 0.97 |
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| Bread, 0.5 kg or 1.1 lb | 2.37 | 4.19 |
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| Eggs, x12 | 3.09 | 3.74 |
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| Cheese, 1 kg or 2.2 lb | 10.42 | 11.25 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.68 | 12.61 |
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| Round Steak, 1 kg or 2.2 lb | 10.01 | 16.93 |
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| Banana, 1 kg or 2.2 lb | 1.7 | 1.44 |
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| Water, 1 L or 1 qt | 0.85 | 1.67 |
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Other
| Item | Panama City (United States) | Richmond West |
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| Gym Membership, 1 month | 45.37 | 56.18 |
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| Cinema Ticket, 1 person | 7.75 | 16.5 |
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| Doctors visit | 42.91 | 126.7 |
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| Haircut, simple | 15.36 | 16.72 |
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| Brand Jeans | 62.7 | 59.83 |
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| Brand Sneakers | 77.22 | 104.13 |
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| Daycare or Preschool, 1 month | 429.46 | 1,438.41 |
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| International Primary School, 1 year | 9,227 | 19,013 |
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