Cost of Living in Mongolia vs Panama comparison
Mongolia
Explore Mongolia, a captivating country with a population of 3,075,647. Embrace a comfortable lifestyle with an average cost of living at $1109 and a median after-tax salary of $314.84. Enjoy dining at diverse restaurants for $47, shop for essentials at bustling markets with an average of $46, and entrust your childcare needs to facilities costing approximately $7166annually. Keep your wardrobe fresh with a clothing budget of $211and secure a lovely home for $1522per month. Mongolia also offers an attractive average salary of $314.84. Immerse yourself in the beauty of Mongolia, where rich culture meets affordability.
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.
|
Restaurants |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
5.02 $ | 7.0 $ | -28 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
30.87 $ | 47.5 $ | -35 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.17 $ | 7.0 $ | -40 % |
|
Domestic Beer (1 pint draught) |
1.62 $ | 2.0 $ | -18 % |
|
Imported Beer (12 oz small bottle) |
2.32 $ | 3.5 $ | -33 % |
|
Cappuccino (regular) |
2.25 $ | 3.05 $ | -26 % |
|
Coke/Pepsi (12 oz small bottle) |
0.69 $ | 1.5 $ | -54 % |
|
Water (12 oz small bottle) |
0.37 $ | 1.17 $ | -68 % |
|
Markets |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.07 $ | 1.57 $ | -31 % |
|
Loaf of Fresh White Bread (1 lb) |
0.6 $ | 2.05 $ | -70 % |
|
Rice (white), (1 lb) |
1.19 $ | 1.9 $ | -37 % |
|
Eggs (regular) (12) |
1.77 $ | 2.08 $ | -14 % |
|
Local Cheese (1 lb) |
7.82 $ | 8.81 $ | -11 % |
|
Chicken Fillets (1 lb) |
3.93 $ | 6.48 $ | -39 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.81 $ | 7.66 $ | -37 % |
|
Apples (1 lb) |
2.5 $ | 2.79 $ | -10 % |
|
Banana (1 lb) |
2.4 $ | 1.26 $ | 90 % |
|
Oranges (1 lb) |
2.72 $ | 2.41 $ | 12 % |
|
Tomato (1 lb) |
2.98 $ | 2.76 $ | 7 % |
|
Potato (1 lb) |
0.44 $ | 1.89 $ | -76 % |
|
Onion (1 lb) |
0.93 $ | 1.92 $ | -51 % |
|
Lettuce (1 head) |
1.02 $ | 1.62 $ | -37 % |
|
Water (1.5 liter bottle) |
0.5 $ | 1.48 $ | -66 % |
|
Bottle of Wine (Mid-Range) |
7.72 $ | 9.0 $ | -14 % |
|
Domestic Beer (0.5 liter bottle) |
0.83 $ | 1.1 $ | -24 % |
|
Imported Beer (12 oz small bottle) |
1.47 $ | 1.79 $ | -17 % |
|
Cigarettes 20 Pack (Marlboro) |
1.7 $ | 5.75 $ | -70 % |
|
Transportation |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.15 $ | 0.35 $ | -57 % |
|
Monthly Pass (Regular Price) |
7.56 $ | 30.0 $ | -74 % |
|
Taxi Start (Normal Tariff) |
0.46 $ | 2.0 $ | -77 % |
|
Taxi 1 mile (Normal Tariff) |
0.46 $ | 2.0 $ | -77 % |
|
Taxi 1hour Waiting (Normal Tariff) |
2.78 $ | 15.0 $ | -81 % |
|
Gasoline (1 gallon) |
0.84 $ | 1.03 $ | -18 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
18521.83 $ | 24000.0 $ | -22 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
16978.34 $ | 19163.33 $ | -11 % |
|
Utilities (Monthly) |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
59.26 $ | 84.12 $ | -29 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.03 $ | 0.17 $ | -82 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
12.77 $ | 43.73 $ | -70 % |
|
Sports And Leisure |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
54.79 $ | 36.03 $ | 52 % |
|
Tennis Court Rent (1 Hour on Weekend) |
12.61 $ | 29.55 $ | -57 % |
|
Cinema, International Release, 1 Seat |
3.09 $ | 5.5 $ | -43 % |
|
Childcare |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
118.33 $ | 332.27 $ | -64 % |
|
International Primary School, Yearly for 1 Child |
7048.58 $ | 9555.56 $ | -26 % |
|
Clothing And Shoes |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
38.97 $ | 45.72 $ | -14 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
26.43 $ | 40.0 $ | -33 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
65.98 $ | 69.65 $ | -5 % |
|
1 Pair of Men Leather Business Shoes |
80.26 $ | 82.5 $ | -2 % |
|
Rent Per Month |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
293.34 $ | 738.09 $ | -60 % |
|
Apartment (1 bedroom) Outside of Centre |
174.42 $ | 428.33 $ | -59 % |
|
Apartment (3 bedrooms) in City Centre |
657.43 $ | 1291.94 $ | -49 % |
|
Apartment (3 bedrooms) Outside of Centre |
397.57 $ | 825.79 $ | -51 % |
|
Buy Apartment Price |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1131.92 $ | 1865.81 $ | -39 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
779.46 $ | 1212.81 $ | -35 % |
|
Salaries And Financing |
Mongolia |
Panama |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
314.84 $ | 713.04 $ | -55 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
8.61 % | 5.81 % | 48 % |