Cost of living
North Korea compared to Panama
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Overview comparison
North KoreaPanama
Consumer prices in Panama are roughly 9% higher than in North Korea.
Cost of living
| Item | North Korea | Panama |
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| Total with rent one person | 1,873 | 1,201 |
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| Total with rent family | 3,899 | 2,678 |
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| Without rent one person | 612 | 562 |
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| Without rent one family | 2,155 | 1,566 |
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| Rent & Utilities person | 838.14 | 669.36 |
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| Rent & Utilities family | 1,724.89 | 1,309.05 |
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| Food person | 444 | 377 |
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| Food family | 1,187 | 1,074 |
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| Transport person | 103.55 | 58.98 |
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| Transport family | 286.92 | 192.18 |
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| Life expectancy | 73.74 years | 79.78 years |
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Eating Out
| Item | North Korea | Panama |
|---|
| Lunch Menu | 9.83 | 10.31 |
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| Dinner in a Restaurant, for 2 | 105.21 | 59.15 |
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| Fast food meal, equiv. McDonald's | 4.5 | 7.85 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.91 | 2.7 |
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| Cappuccino | 2.04 | 3.26 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.55 | 2.23 |
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Rent & Utilities
| Item | North Korea | Panama |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 930 | 650.8 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 664.39 | 456.58 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,499.79 | 1,210.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,596.98 | 817.44 |
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| Utility Bill one person, electricity, heating, water, etc. | 95.6 | 75.55 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 112.39 | 130.39 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 63.18 | 50.51 |
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Transportation
| Item | North Korea | Panama |
|---|
| Local transport ticket | 14.41 | 7.31 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.35 | 0.42 |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 15.37 | 12.21 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.95 | 1.2 |
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Groceries
| Item | North Korea | Panama |
|---|
| Milk, 1 L or 1 qt | 2.49 | 1.52 |
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| Bread, 0.5 kg or 1.1 lb | 2.21 | 2.16 |
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| Eggs, x12 | 2.35 | 2.26 |
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| Cheese, 1 kg or 2.2 lb | 8.22 | 10.81 |
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| Chicken Breast, 1 kg or 2.2 lb | 18.08 | 7.83 |
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| Round Steak, 1 kg or 2.2 lb | 5.42 | 8.5 |
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| Banana, 1 kg or 2.2 lb | 1.42 | 1.73 |
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| Water, 1 L or 1 qt | 0.3 | 0.98 |
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Other
| Item | North Korea | Panama |
|---|
| Gym Membership, 1 month | 21.17 | 34.98 |
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| Cinema Ticket, 1 person | 4.45 | 6.51 |
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| Doctors visit | 15.48 | 54.26 |
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| Haircut, simple | 3.76 | 11.87 |
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| Brand Jeans | 22.44 | 45.6 |
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| Brand Sneakers | 71.25 | 95.92 |
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| Daycare or Preschool, 1 month | 108.49 | 438.62 |
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| International Primary School, 1 year | 3,990 | 11,151 |
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