Cost of living
Mongolia compared to Panama
🌍
Overview comparison
MongoliaPanama
Consumer prices in Panama are roughly 19% higher than in Mongolia.
Cost of living
| Item | Mongolia | Panama |
|---|
| Total with rent one person | 909 | 1,201 |
|---|
| Total with rent family | 1,981 | 2,678 |
|---|
| Without rent one person | 430 | 562 |
|---|
| Without rent one family | 1,494 | 1,566 |
|---|
| Rent & Utilities person | 494.78 | 669.36 |
|---|
| Rent & Utilities family | 1,097.17 | 1,309.05 |
|---|
| Food person | 357 | 377 |
|---|
| Food family | 959 | 1,074 |
|---|
| Transport person | 51.66 | 58.98 |
|---|
| Transport family | 149.94 | 192.18 |
|---|
| Life expectancy | 59.42 years | 81.24 years |
|---|
Eating Out
| Item | Mongolia | Panama |
|---|
| Lunch Menu | 4.59 | 10.31 |
|---|
| Dinner in a Restaurant, for 2 | 25.41 | 59.15 |
|---|
| Fast food meal, equiv. McDonald's | 5.43 | 7.85 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 1.49 | 2.7 |
|---|
| Cappuccino | 2.28 | 3.26 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.69 | 2.23 |
|---|
Rent & Utilities
| Item | Mongolia | Panama |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 572.03 | 650.8 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 412.2 | 456.58 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,500.11 | 1,210.08 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 903.4 | 817.44 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 63.1 | 75.55 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 66.58 | 130.39 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 15.73 | 50.51 |
|---|
Transportation
| Item | Mongolia | Panama |
|---|
| Local transport ticket | 5.43 | 7.31 |
|---|
| Monthly ticket local transport | 1,399 | 2,544 |
|---|
| Taxi Ride, 8 km or 5 mi | 894 | 1,344 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0.13 | 0.42 |
|---|
| Mortgage Interest Rate for 20 Years | 8.64% | 33.76% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 5.74 | 12.21 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.09 | 1.2 |
|---|
Groceries
| Item | Mongolia | Panama |
|---|
| Milk, 1 L or 1 qt | 1.62 | 1.52 |
|---|
| Bread, 0.5 kg or 1.1 lb | 0.99 | 2.16 |
|---|
| Eggs, x12 | 2.51 | 2.26 |
|---|
| Cheese, 1 kg or 2.2 lb | 11.16 | 10.81 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 4.35 | 7.83 |
|---|
| Round Steak, 1 kg or 2.2 lb | 5.04 | 8.5 |
|---|
| Banana, 1 kg or 2.2 lb | 2.91 | 1.73 |
|---|
| Water, 1 L or 1 qt | 0.4 | 0.98 |
|---|
Other
| Item | Mongolia | Panama |
|---|
| Gym Membership, 1 month | 80.7 | 34.98 |
|---|
| Cinema Ticket, 1 person | 4.29 | 6.51 |
|---|
| Doctors visit | 17.02 | 54.26 |
|---|
| Haircut, simple | 5.82 | 11.87 |
|---|
| Brand Jeans | 77.54 | 45.6 |
|---|
| Brand Sneakers | 98.8 | 95.92 |
|---|
| Daycare or Preschool, 1 month | 153.81 | 438.62 |
|---|
| International Primary School, 1 year | 9,120 | 11,151 |
|---|
