Cost of Living in Panama vs Saudi Arabia comparison

Updated:

NovoExpat

$1,897

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.

$1,654

Saudi Arabia

Discover Saudi Arabia, a captivating country with a population of 33,000,000. Experience a comfortable way of life, where the average cost of living stands at $1654, and the median after-tax salary amounts to $2105.7. Savor the culinary delights of Saudi Arabia at various restaurants for an average of $63, explore bustling markets with essentials priced at around $51, and entrust your childcare needs to facilities costing approximately $6714annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2003per month. Saudi Arabia also boasts an appealing average salary of $2105.7. Immerse yourself in the beauty of Saudi Arabia, where affordability and cultural richness converge.

restaurant
$ 72
Restaurants
restaurant
$ 63
Restaurants
store
$ 64
Markets
store
$ 51
Markets
child_friendly
$ 9,887
Childcare
child_friendly
$ 6,714
Childcare
checkroom
$ 237
Clothing
checkroom
$ 289
Clothing
night_shelter
$ 3,284
Rent Per Month
night_shelter
$ 2,003
Rent Per Month
account_balance_wallet
$ 713
Salaries
account_balance_wallet
$ 2,105
Salaries

Panama VS Saudi Arabia

restaurant

Restaurants

Panama

Saudi Arabia

Difference

Meal, Inexpensive Restaurant

7.0 $ 6.65 $ 5 %

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

47.5 $ 45.19 $ 5 %

McMeal at McDonalds (or Equivalent Combo Meal)

7.0 $ 6.65 $ 5 %

Domestic Beer (1 pint draught)

2.0 $ -- --

Imported Beer (12 oz small bottle)

3.5 $ -- --

Cappuccino (regular)

3.05 $ 3.78 $ -19 %

Coke/Pepsi (12 oz small bottle)

1.5 $ 0.75 $ 100 %

Water (12 oz small bottle)

1.17 $ 0.25 $ 368 %
store

Markets

Panama

Saudi Arabia

Difference

Milk (regular), (1 gallon)

1.57 $ 1.59 $ -1 %

Loaf of Fresh White Bread (1 lb)

2.05 $ 0.82 $ 150 %

Rice (white), (1 lb)

1.9 $ 2.09 $ -9 %

Eggs (regular) (12)

2.08 $ 2.39 $ -12 %

Local Cheese (1 lb)

8.81 $ 6.72 $ 31 %

Chicken Fillets (1 lb)

6.48 $ 7.4 $ -12 %

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

7.66 $ 12.42 $ -38 %

Apples (1 lb)

2.79 $ 2.05 $ 36 %

Banana (1 lb)

1.26 $ 1.56 $ -19 %

Oranges (1 lb)

2.41 $ 1.57 $ 53 %

Tomato (1 lb)

2.76 $ 1.73 $ 59 %

Potato (1 lb)

1.89 $ 1.15 $ 64 %

Onion (1 lb)

1.92 $ 1.06 $ 81 %

Lettuce (1 head)

1.62 $ 1.3 $ 24 %

Water (1.5 liter bottle)

1.48 $ 0.6 $ 146 %

Bottle of Wine (Mid-Range)

9.0 $ -- --

Domestic Beer (0.5 liter bottle)

1.1 $ -- --

Imported Beer (12 oz small bottle)

1.79 $ -- --

Cigarettes 20 Pack (Marlboro)

5.75 $ 7.44 $ -22 %
commute

Transportation

Panama

Saudi Arabia

Difference

One-way Ticket (Local Transport)

0.35 $ 1.06 $ -66 %

Monthly Pass (Regular Price)

30.0 $ 26.58 $ 12 %

Taxi Start (Normal Tariff)

2.0 $ 2.66 $ -24 %

Taxi 1 mile (Normal Tariff)

2.0 $ 1.33 $ 50 %

Taxi 1hour Waiting (Normal Tariff)

15.0 $ 13.29 $ 12 %

Gasoline (1 gallon)

1.03 $ 0.61 $ 68 %

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

24000.0 $ 22862.64 $ 4 %

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

19163.33 $ 20294.83 $ -5 %
mark_as_unread

Utilities (Monthly)

Panama

Saudi Arabia

Difference

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

84.12 $ 101.51 $ -17 %

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

0.17 $ 0.13 $ 30 %

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

43.73 $ 71.53 $ -38 %
kitesurfing

Sports And Leisure

Panama

Saudi Arabia

Difference

Fitness Club, Monthly Fee for 1 Adult

36.03 $ 96.52 $ -62 %

Tennis Court Rent (1 Hour on Weekend)

29.55 $ 34.48 $ -14 %

Cinema, International Release, 1 Seat

5.5 $ 17.28 $ -68 %
child_friendly

Childcare

Panama

Saudi Arabia

Difference

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

332.27 $ 304.87 $ 8 %

International Primary School, Yearly for 1 Child

9555.56 $ 6409.38 $ 49 %
checkroom

Clothing And Shoes

Panama

Saudi Arabia

Difference

1 Pair of Jeans (Levis 501 Or Similar)

45.72 $ 44.85 $ 1 %

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

40.0 $ 58.9 $ -32 %

1 Pair of Nike Running Shoes (Mid-Range)

69.65 $ 97.29 $ -28 %

1 Pair of Men Leather Business Shoes

82.5 $ 88.52 $ -6 %
night_shelter

Rent Per Month

Panama

Saudi Arabia

Difference

Apartment (1 bedroom) in City Centre

738.09 $ 437.62 $ 68 %

Apartment (1 bedroom) Outside of Centre

428.33 $ 311.41 $ 37 %

Apartment (3 bedrooms) in City Centre

1291.94 $ 713.59 $ 81 %

Apartment (3 bedrooms) Outside of Centre

825.79 $ 540.97 $ 52 %
home

Buy Apartment Price

Panama

Saudi Arabia

Difference

Price per Square Feet to Buy Apartment in City Centre

1865.81 $ 1315.67 $ 41 %

Price per Square Feet to Buy Apartment Outside of Centre

1212.81 $ 941.74 $ 28 %
account_balance_wallet

Salaries And Financing

Panama

Saudi Arabia

Difference

Average Monthly Net Salary (After Tax)

713.04 $ 2105.7 $ -66 %

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

5.81 % 4.21 % 38 %