Panama

Panama City, Panama

Trust 47
Monthly cost
$1,663
Country
Panama
Source
58
Relocation

Cost breakdown by category

Fashion

  • Men's Dress Shoes$121.5
  • Classic Jeans (e.g., Levi's 501)$70.09
  • Summer Dress from Chain Stores (e.g., Zara, H&M)$57.19
  • Midrange Nike Running Shoes$101.59

Financial

  • Mortgage Interest Rate (20-Year Fixed)$5
  • Average Monthly Salary After Tax$1,083

Food - Beverages

  • Soft Drinks (350 ml Bottle)$2.25
  • Imported Beer (Small Bottle)$6.75
  • Local Draft Beer (Pint)$3.38
  • Bottled Water (350 ml)$1.89
  • Cappuccino$4.39

Food - Dining

  • Casual Dining Experience$10.8
  • Upscale Dinner for Two$67.5
  • Fast Food Combo$8.78

Food - Grocery

  • Beef Round (1 kg)$10.93
  • Apples (1 kg)$3.83
  • Bananas (1 kg)$1.81
  • Oranges (1 kg)$3.36
  • Tomatoes (1 kg)$4.43
  • Potatoes (1 kg)$2.55
  • Onions (1 kg)$2.61
  • Lettuce (1 Head)$3.16
  • Bottled Water (1.5L)$1.92
  • Midrange Bottle of Wine$13.5
  • Marlboro (20-Pack)$7.83
  • Chicken Fillets (1 kg)$9.53
  • Local Cheese (1 kg)$10.34
  • Dozen Eggs$2.84
  • White Rice (1 kg)$2.64
  • Fresh White Bread (1 kg)$5.38
  • Milk (1 litre)$2.36

Housing

  • Average Cost per Square Foot for Apartments in City Center$278.37
  • Average Rent of 1-Bedroom Apartment in City Center$1,234
  • Average Rent of 1-Bedroom Apartment Outside City Center$690.76
  • Average Rent of 3-Bedroom Apartment in City Center$2,366
  • Average Rent of 3-Bedroom Apartment Outside City Center$1,358
  • Average Cost per Square Foot for Apartments Outside City Center$166.23

Leisure

  • Monthly Fee for Fitness Club Membership (1 Adult)$55.24
  • Tennis Court Rental (1 Hour, Weekend)$30.38
  • Cinema Ticket (International Release)$8.1
  • Monthly Fee for Private Kindergarten (1 Child)$499.5
  • Yearly Cost for International Primary School (1 Child)$18,601

Transportation

  • Average Taxi Fare for 1 km$4.24
  • Average Rate to Start a Taxi Ride$3.38
  • Average Price of a New Compact Hatchback Car$32,738
  • 1 Hour Taxi Wait$27
  • Average Monthly Cost of Public Transport Pass$40.5
  • Average Price of a New Sedan Car$28,176
  • One-Way Local Transport Fare$0.47

Utilities (Monthly)

  • Internet Service (60 Mbps or More, Unlimited)$61.91
  • Average Monthly Cost for Essential Utilities in a 915 sq. ft. Apartment$138.81