Cost of Living in Panama vs Belize comparison
Panama
Explore Panama, a captivating country with a population of 4,098,587. Embrace a comfortable lifestyle with an average cost of living at $1897 and a median after-tax salary of $713.04. Enjoy dining at diverse restaurants for $72, shop for essentials at bustling markets with an average of $64, and entrust your childcare needs to facilities costing approximately $9887annually. Keep your wardrobe fresh with a clothing budget of $237and secure a lovely home for $3284per month. Panama also offers an attractive average salary of $713.04. Immerse yourself in the beauty of Panama, where rich culture meets affordability.
Belize
Discover Belize, a captivating country with a population of 374,681. Experience a comfortable way of life, where the average cost of living stands at $1523, and the median after-tax salary amounts to $892.52. Savor the culinary delights of Belize at various restaurants for an average of $50, explore bustling markets with essentials priced at around $68, and entrust your childcare needs to facilities costing approximately $173annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1966per month. Belize also boasts an appealing average salary of $892.52. Immerse yourself in the beauty of Belize, where affordability and cultural richness converge.
|
Restaurants |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
7.0 $ | 5.0 $ | 40 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
47.5 $ | 28.74 $ | 65 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
7.0 $ | 6.0 $ | 16 % |
|
Domestic Beer (1 pint draught) |
2.0 $ | 2.0 $ | -- |
|
Imported Beer (12 oz small bottle) |
3.5 $ | 3.48 $ | -- |
|
Cappuccino (regular) |
3.05 $ | 3.28 $ | -7 % |
|
Coke/Pepsi (12 oz small bottle) |
1.5 $ | 1.07 $ | 40 % |
|
Water (12 oz small bottle) |
1.17 $ | 0.72 $ | 62 % |
|
Markets |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.57 $ | 2.15 $ | -26 % |
|
Loaf of Fresh White Bread (1 lb) |
2.05 $ | 1.32 $ | 55 % |
|
Rice (white), (1 lb) |
1.9 $ | 2.1 $ | -9 % |
|
Eggs (regular) (12) |
2.08 $ | 2.12 $ | -1 % |
|
Local Cheese (1 lb) |
8.81 $ | 8.36 $ | 5 % |
|
Chicken Fillets (1 lb) |
6.48 $ | 5.62 $ | 15 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.66 $ | 5.06 $ | 51 % |
|
Apples (1 lb) |
2.79 $ | 5.17 $ | -46 % |
|
Banana (1 lb) |
1.26 $ | 1.18 $ | 6 % |
|
Oranges (1 lb) |
2.41 $ | 1.27 $ | 89 % |
|
Tomato (1 lb) |
2.76 $ | 2.54 $ | 8 % |
|
Potato (1 lb) |
1.89 $ | 2.5 $ | -24 % |
|
Onion (1 lb) |
1.92 $ | 2.1 $ | -8 % |
|
Lettuce (1 head) |
1.62 $ | 2.28 $ | -28 % |
|
Water (1.5 liter bottle) |
1.48 $ | 1.16 $ | 27 % |
|
Bottle of Wine (Mid-Range) |
9.0 $ | 14.86 $ | -39 % |
|
Domestic Beer (0.5 liter bottle) |
1.1 $ | 1.93 $ | -43 % |
|
Imported Beer (12 oz small bottle) |
1.79 $ | 2.91 $ | -38 % |
|
Cigarettes 20 Pack (Marlboro) |
5.75 $ | 4.0 $ | 43 % |
|
Transportation |
Panama |
Belize |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.35 $ | 1.75 $ | -80 % |
|
Monthly Pass (Regular Price) |
30.0 $ | 22.41 $ | 33 % |
|
Taxi Start (Normal Tariff) |
2.0 $ | 3.5 $ | -42 % |
|
Taxi 1 mile (Normal Tariff) |
2.0 $ | 3.72 $ | -46 % |
|
Taxi 1hour Waiting (Normal Tariff) |
15.0 $ | 13.68 $ | 9 % |
|
Gasoline (1 gallon) |
1.03 $ | 1.7 $ | -39 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24000.0 $ | 28644.64 $ | -16 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
19163.33 $ | 33558.52 $ | -42 % |
|
Utilities (Monthly) |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
84.12 $ | 81.89 $ | 2 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.17 $ | 0.28 $ | -39 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
43.73 $ | 69.6 $ | -37 % |
|
Sports And Leisure |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
36.03 $ | 39.92 $ | -9 % |
|
Tennis Court Rent (1 Hour on Weekend) |
29.55 $ | 8.28 $ | 256 % |
|
Cinema, International Release, 1 Seat |
5.5 $ | 7.95 $ | -30 % |
|
Childcare |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
332.27 $ | 173.96 $ | 91 % |
|
International Primary School, Yearly for 1 Child |
9555.56 $ | -- | -- |
|
Clothing And Shoes |
Panama |
Belize |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
45.72 $ | 36.51 $ | 25 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.0 $ | 28.19 $ | 41 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
69.65 $ | 85.8 $ | -18 % |
|
1 Pair of Men Leather Business Shoes |
82.5 $ | 102.51 $ | -19 % |
|
Rent Per Month |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
738.09 $ | 349.78 $ | 111 % |
|
Apartment (1 bedroom) Outside of Centre |
428.33 $ | 230.57 $ | 85 % |
|
Apartment (3 bedrooms) in City Centre |
1291.94 $ | 829.5 $ | 55 % |
|
Apartment (3 bedrooms) Outside of Centre |
825.79 $ | 556.2 $ | 48 % |
|
Buy Apartment Price |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1865.81 $ | 997.4 $ | 87 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1212.81 $ | 1147.61 $ | 5 % |
|
Salaries And Financing |
Panama |
Belize |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
713.04 $ | 892.52 $ | -20 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
5.81 % | 10.83 % | -46 % |