Cost of Living in Israel vs Panama comparison

$2,925

Israel

Explore Israel, a captivating country with a population of 9,187,000. Embrace a comfortable lifestyle with an average cost of living at $2925 and a median after-tax salary of $2588.21. Enjoy dining at diverse restaurants for $143, shop for essentials at bustling markets with an average of $95, and entrust your childcare needs to facilities costing approximately $10238annually. Keep your wardrobe fresh with a clothing budget of $389and secure a lovely home for $5277per month. Israel also offers an attractive average salary of $2588.21. Immerse yourself in the beauty of Israel, where rich culture meets affordability.

$1,897

Panama

Discover Panama, a captivating country with a population of 4,098,587. Experience a comfortable way of life, where the average cost of living stands at $1897, and the median after-tax salary amounts to $713.04. Savor the culinary delights of Panama at various restaurants for an average of $72, explore bustling markets with essentials priced at around $64, and entrust your childcare needs to facilities costing approximately $9887annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $3284per month. Panama also boasts an appealing average salary of $713.04. Immerse yourself in the beauty of Panama, where affordability and cultural richness converge.

restaurant
$ 143
Restaurants
restaurant
$ 72
Restaurants
store
$ 95
Markets
store
$ 64
Markets
child_friendly
$ 10,238
Childcare
child_friendly
$ 9,887
Childcare
checkroom
$ 389
Clothing
checkroom
$ 237
Clothing
night_shelter
$ 5,277
Rent Per Month
night_shelter
$ 3,284
Rent Per Month
account_balance_wallet
$ 2,588
Salaries
account_balance_wallet
$ 713
Salaries
Israel VS Panama
restaurant

Restaurants

Israel

Panama

Difference

Meal, Inexpensive Restaurant

17.14 $ 7.0 $ 144 %

Meal for 2 People, Mid-range Restaurant, Three-course

85.7 $ 47.5 $ 80 %

McMeal at McDonalds (or Equivalent Combo Meal)

15.71 $ 7.0 $ 124 %

Domestic Beer (1 pint draught)

8.57 $ 2.0 $ 328 %

Imported Beer (12 oz small bottle)

8.0 $ 3.5 $ 128 %

Cappuccino (regular)

3.7 $ 3.05 $ 21 %

Coke/Pepsi (12 oz small bottle)

2.65 $ 1.5 $ 76 %

Water (12 oz small bottle)

1.99 $ 1.17 $ 70 %
store

Markets

Israel

Panama

Difference

Milk (regular), (1 gallon)

1.72 $ 1.57 $ 9 %

Loaf of Fresh White Bread (1 lb)

2.3 $ 2.05 $ 12 %

Rice (white), (1 lb)

2.67 $ 1.9 $ 40 %

Eggs (regular) (12)

3.76 $ 2.08 $ 80 %

Local Cheese (1 lb)

14.0 $ 8.81 $ 58 %

Chicken Fillets (1 lb)

10.13 $ 6.48 $ 56 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

19.54 $ 7.66 $ 155 %

Apples (1 lb)

3.09 $ 2.79 $ 10 %

Banana (1 lb)

2.25 $ 1.26 $ 78 %

Oranges (1 lb)

1.84 $ 2.41 $ -23 %

Tomato (1 lb)

1.77 $ 2.76 $ -35 %

Potato (1 lb)

1.32 $ 1.89 $ -30 %

Onion (1 lb)

1.16 $ 1.92 $ -39 %

Lettuce (1 head)

1.68 $ 1.62 $ 3 %

Water (1.5 liter bottle)

1.36 $ 1.48 $ -8 %

Bottle of Wine (Mid-Range)

11.43 $ 9.0 $ 26 %

Domestic Beer (0.5 liter bottle)

2.52 $ 1.1 $ 129 %

Imported Beer (12 oz small bottle)

3.14 $ 1.79 $ 75 %

Cigarettes 20 Pack (Marlboro)

10.0 $ 5.75 $ 73 %
commute

Transportation

Israel

Panama

Difference

One-way Ticket (Local Transport)

1.71 $ 0.35 $ 388 %

Monthly Pass (Regular Price)

60.84 $ 30.0 $ 102 %

Taxi Start (Normal Tariff)

4.28 $ 2.0 $ 114 %

Taxi 1 mile (Normal Tariff)

1.14 $ 2.0 $ -43 %

Taxi 1hour Waiting (Normal Tariff)

28.57 $ 15.0 $ 90 %

Gasoline (1 gallon)

1.99 $ 1.03 $ 93 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

39277.13 $ 24000.0 $ 63 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

39574.0 $ 19163.33 $ 106 %
mark_as_unread

Utilities (Monthly)

Israel

Panama

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

230.39 $ 84.12 $ 173 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.09 $ 0.17 $ -47 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

27.93 $ 43.73 $ -36 %
kitesurfing

Sports And Leisure

Israel

Panama

Difference

Fitness Club, Monthly Fee for 1 Adult

67.91 $ 36.03 $ 88 %

Tennis Court Rent (1 Hour on Weekend)

18.97 $ 29.55 $ -35 %

Cinema, International Release, 1 Seat

12.0 $ 5.5 $ 118 %
child_friendly

Childcare

Israel

Panama

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

888.79 $ 332.27 $ 167 %

International Primary School, Yearly for 1 Child

9349.68 $ 9555.56 $ -2 %
checkroom

Clothing And Shoes

Israel

Panama

Difference

1 Pair of Jeans (Levis 501 Or Similar)

86.99 $ 45.72 $ 90 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

58.23 $ 40.0 $ 45 %

1 Pair of Nike Running Shoes (Mid-Range)

115.78 $ 69.65 $ 66 %

1 Pair of Men Leather Business Shoes

128.95 $ 82.5 $ 56 %
night_shelter

Rent Per Month

Israel

Panama

Difference

Apartment (1 bedroom) in City Centre

1128.31 $ 738.09 $ 52 %

Apartment (1 bedroom) Outside of Centre

924.34 $ 428.33 $ 115 %

Apartment (3 bedrooms) in City Centre

1773.75 $ 1291.94 $ 37 %

Apartment (3 bedrooms) Outside of Centre

1450.7 $ 825.79 $ 75 %
home

Buy Apartment Price

Israel

Panama

Difference

Price per Square Feet to Buy Apartment in City Centre

7726.81 $ 1865.81 $ 314 %

Price per Square Feet to Buy Apartment Outside of Centre

6256.45 $ 1212.81 $ 415 %
account_balance_wallet

Salaries And Financing

Israel

Panama

Difference

Average Monthly Net Salary (After Tax)

2588.21 $ 713.04 $ 262 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

3.5 % 5.81 % -39 %