Cost of Living in Argentina vs Panama comparison

Updated:

NovoExpat

$949

Argentina

Explore Argentina, a captivating country with a population of 47,327,407. Embrace a comfortable lifestyle with an average cost of living at $949 and a median after-tax salary of $419.4. Enjoy dining at diverse restaurants for $43, shop for essentials at bustling markets with an average of $37, and entrust your childcare needs to facilities costing approximately $4129annually. Keep your wardrobe fresh with a clothing budget of $295and secure a lovely home for $1196per month. Argentina also offers an attractive average salary of $419.4. Immerse yourself in the beauty of Argentina, 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
$ 43
Restaurants
restaurant
$ 72
Restaurants
store
$ 37
Markets
store
$ 64
Markets
child_friendly
$ 4,129
Childcare
child_friendly
$ 9,887
Childcare
checkroom
$ 295
Clothing
checkroom
$ 237
Clothing
night_shelter
$ 1,196
Rent Per Month
night_shelter
$ 3,284
Rent Per Month
account_balance_wallet
$ 419
Salaries
account_balance_wallet
$ 713
Salaries

Argentina VS Panama

restaurant

Restaurants

Argentina

Panama

Difference

Meal, Inexpensive Restaurant

6.25 $ 7.0 $ -10 %

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

25.0 $ 47.5 $ -47 %

McMeal at McDonalds (or Equivalent Combo Meal)

5.0 $ 7.0 $ -28 %

Domestic Beer (1 pint draught)

1.76 $ 2.0 $ -12 %

Imported Beer (12 oz small bottle)

2.38 $ 3.5 $ -32 %

Cappuccino (regular)

1.67 $ 3.05 $ -45 %

Coke/Pepsi (12 oz small bottle)

1.06 $ 1.5 $ -29 %

Water (12 oz small bottle)

0.81 $ 1.17 $ -30 %
store

Markets

Argentina

Panama

Difference

Milk (regular), (1 gallon)

0.78 $ 1.57 $ -50 %

Loaf of Fresh White Bread (1 lb)

1.06 $ 2.05 $ -48 %

Rice (white), (1 lb)

0.9 $ 1.9 $ -52 %

Eggs (regular) (12)

1.41 $ 2.08 $ -32 %

Local Cheese (1 lb)

6.3 $ 8.81 $ -28 %

Chicken Fillets (1 lb)

3.88 $ 6.48 $ -40 %

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

6.48 $ 7.66 $ -15 %

Apples (1 lb)

1.44 $ 2.79 $ -48 %

Banana (1 lb)

1.23 $ 1.26 $ -2 %

Oranges (1 lb)

0.9 $ 2.41 $ -62 %

Tomato (1 lb)

1.37 $ 2.76 $ -50 %

Potato (1 lb)

0.66 $ 1.89 $ -65 %

Onion (1 lb)

0.75 $ 1.92 $ -60 %

Lettuce (1 head)

0.96 $ 1.62 $ -40 %

Water (1.5 liter bottle)

0.85 $ 1.48 $ -42 %

Bottle of Wine (Mid-Range)

3.0 $ 9.0 $ -66 %

Domestic Beer (0.5 liter bottle)

1.17 $ 1.1 $ 6 %

Imported Beer (12 oz small bottle)

1.93 $ 1.79 $ 7 %

Cigarettes 20 Pack (Marlboro)

2.0 $ 5.75 $ -65 %
commute

Transportation

Argentina

Panama

Difference

One-way Ticket (Local Transport)

0.25 $ 0.35 $ -28 %

Monthly Pass (Regular Price)

15.1 $ 30.0 $ -49 %

Taxi Start (Normal Tariff)

1.0 $ 2.0 $ -50 %

Taxi 1 mile (Normal Tariff)

0.74 $ 2.0 $ -63 %

Taxi 1hour Waiting (Normal Tariff)

4.89 $ 15.0 $ -67 %

Gasoline (1 gallon)

0.92 $ 1.03 $ -10 %

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

25200.0 $ 24000.0 $ 5 %

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

23540.28 $ 19163.33 $ 22 %
mark_as_unread

Utilities (Monthly)

Argentina

Panama

Difference

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

46.32 $ 84.12 $ -44 %

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

0.19 $ 0.17 $ 11 %

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

21.91 $ 43.73 $ -49 %
kitesurfing

Sports And Leisure

Argentina

Panama

Difference

Fitness Club, Monthly Fee for 1 Adult

22.21 $ 36.03 $ -38 %

Tennis Court Rent (1 Hour on Weekend)

9.68 $ 29.55 $ -67 %

Cinema, International Release, 1 Seat

4.8 $ 5.5 $ -12 %
child_friendly

Childcare

Argentina

Panama

Difference

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

152.58 $ 332.27 $ -54 %

International Primary School, Yearly for 1 Child

3976.42 $ 9555.56 $ -58 %
checkroom

Clothing And Shoes

Argentina

Panama

Difference

1 Pair of Jeans (Levis 501 Or Similar)

59.62 $ 45.72 $ 30 %

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

44.18 $ 40.0 $ 10 %

1 Pair of Nike Running Shoes (Mid-Range)

102.86 $ 69.65 $ 47 %

1 Pair of Men Leather Business Shoes

89.3 $ 82.5 $ 8 %
night_shelter

Rent Per Month

Argentina

Panama

Difference

Apartment (1 bedroom) in City Centre

231.25 $ 738.09 $ -68 %

Apartment (1 bedroom) Outside of Centre

175.82 $ 428.33 $ -58 %

Apartment (3 bedrooms) in City Centre

448.89 $ 1291.94 $ -65 %

Apartment (3 bedrooms) Outside of Centre

340.67 $ 825.79 $ -58 %
home

Buy Apartment Price

Argentina

Panama

Difference

Price per Square Feet to Buy Apartment in City Centre

2136.32 $ 1865.81 $ 14 %

Price per Square Feet to Buy Apartment Outside of Centre

1699.02 $ 1212.81 $ 40 %
account_balance_wallet

Salaries And Financing

Argentina

Panama

Difference

Average Monthly Net Salary (After Tax)

419.4 $ 713.04 $ -41 %

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

46.33 % 5.81 % 697 %