Cost of Living in Panama City vs Santiago comparison
Panama City, Panama
Discover Panama City, a charming Panama city with 880,691 friendly residents and a comfortable median salary of $876.58. Indulge in delectable meals at local restaurants for just $91, find great bargains at the markets with prices averaging $70, and rest easy knowing that childcare costs around $9767annually. Stay stylish with a budget of $278for clothing, and rent a cozy home for $4895per month. Plus, the city's average salary is $876.58, ensuring a good quality of life. Experience Dubna, where affordability meets a warm welcome.
Santiago, Panama
Explore the enchanting city of Santiago, Panama, home to 6,257,516 friendly residents and a median salary of $700.0, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $53, discover incredible deals at markets with average prices of $61, and have peace of mind with childcare costs totaling around $9767annually. Keep your wardrobe stylish on a $163budget and secure a comfortable residence for $2275per month. Additionally, Santiago boasts an average salary of $700.0, ensuring a high quality of life.
|
Restaurants |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
10.0 $ | 4.5 $ | 122 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
60.0 $ | 33.5 $ | 79 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
8.0 $ | 5.25 $ | 52 % |
|
Domestic Beer (1 pint draught) |
2.75 $ | 1.75 $ | 57 % |
|
Imported Beer (12 oz small bottle) |
4.0 $ | 3.0 $ | 33 % |
|
Cappuccino (regular) |
3.77 $ | 2.94 $ | 28 % |
|
Coke/Pepsi (12 oz small bottle) |
1.75 $ | 1.23 $ | 42 % |
|
Water (12 oz small bottle) |
1.36 $ | 1.0 $ | 36 % |
|
Markets |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.71 $ | 1.5 $ | 13 % |
|
Loaf of Fresh White Bread (1 lb) |
2.38 $ | 2.0 $ | 18 % |
|
Rice (white), (1 lb) |
1.91 $ | 1.91 $ | -- |
|
Eggs (regular) (12) |
2.34 $ | 1.8 $ | 29 % |
|
Local Cheese (1 lb) |
10.72 $ | 10.72 $ | -- |
|
Chicken Fillets (1 lb) |
7.48 $ | 4.5 $ | 66 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.36 $ | 8.36 $ | -- |
|
Apples (1 lb) |
2.88 $ | 2.5 $ | 15 % |
|
Banana (1 lb) |
1.36 $ | 1.2 $ | 13 % |
|
Oranges (1 lb) |
2.64 $ | 2.64 $ | -- |
|
Tomato (1 lb) |
3.2 $ | 3.2 $ | -- |
|
Potato (1 lb) |
2.08 $ | 2.0 $ | 4 % |
|
Onion (1 lb) |
1.88 $ | 1.88 $ | -- |
|
Lettuce (1 head) |
2.02 $ | 1.0 $ | 102 % |
|
Water (1.5 liter bottle) |
1.46 $ | 1.2 $ | 21 % |
|
Bottle of Wine (Mid-Range) |
8.5 $ | 7.0 $ | 21 % |
|
Domestic Beer (0.5 liter bottle) |
1.25 $ | 1.0 $ | 25 % |
|
Imported Beer (12 oz small bottle) |
1.89 $ | 1.25 $ | 51 % |
|
Cigarettes 20 Pack (Marlboro) |
6.0 $ | 6.0 $ | -- |
|
Transportation |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.35 $ | 0.25 $ | 39 % |
|
Monthly Pass (Regular Price) |
25.0 $ | 30.43 $ | -17 % |
|
Taxi Start (Normal Tariff) |
2.25 $ | 1.0 $ | 125 % |
|
Taxi 1 mile (Normal Tariff) |
1.5 $ | 0.8 $ | 87 % |
|
Taxi 1hour Waiting (Normal Tariff) |
21.0 $ | 21.0 $ | -- |
|
Gasoline (1 gallon) |
1.19 $ | 0.85 $ | 40 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
22250.0 $ | 17000.0 $ | 30 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21056.25 $ | 15000.0 $ | 40 % |
|
Utilities (Monthly) |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
114.9 $ | 114.9 $ | -- |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- | -- | -- |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
52.2 $ | 30.57 $ | 70 % |
|
Sports And Leisure |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
52.08 $ | 25.0 $ | 108 % |
|
Tennis Court Rent (1 Hour on Weekend) |
25.0 $ | 50.0 $ | -50 % |
|
Cinema, International Release, 1 Seat |
7.0 $ | 6.0 $ | 16 % |
|
Childcare |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
423.57 $ | 423.57 $ | -- |
|
International Primary School, Yearly for 1 Child |
9343.71 $ | 9343.71 $ | -- |
|
Clothing And Shoes |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
56.38 $ | 28.0 $ | 101 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
44.25 $ | 30.0 $ | 47 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
85.25 $ | 45.0 $ | 89 % |
|
1 Pair of Men Leather Business Shoes |
92.5 $ | 60.0 $ | 54 % |
|
Rent Per Month |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
965.24 $ | 375.0 $ | 157 % |
|
Apartment (1 bedroom) Outside of Centre |
603.95 $ | 450.0 $ | 34 % |
|
Apartment (3 bedrooms) in City Centre |
2108.7 $ | 700.0 $ | 201 % |
|
Apartment (3 bedrooms) Outside of Centre |
1217.65 $ | 750.0 $ | 62 % |
|
Buy Apartment Price |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
2426.92 $ | 1200.0 $ | 102 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1312.5 $ | 900.0 $ | 45 % |
|
Salaries And Financing |
Panama City |
Santiago |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
876.58 $ | 700.0 $ | 25 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
5.87 % | 5.87 % | -- |