Cost of Living in Panama City vs Hafnarfjorour comparison

$2,250

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.

$3,483

Hafnarfjorour, Iceland

Explore the enchanting city of Hafnarfjorour, Iceland, home to 29,974 friendly residents and a median salary of $3519.1, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $140, discover incredible deals at markets with average prices of $130, and have peace of mind with childcare costs totaling around $6218annually. Keep your wardrobe stylish on a $490budget and secure a comfortable residence for $5458per month. Additionally, Hafnarfjorour boasts an average salary of $3519.1, ensuring a high quality of life.

restaurant
$ 91
Restaurants
restaurant
$ 140
Restaurants
store
$ 70
Markets
store
$ 130
Markets
child_friendly
$ 9,767
Childcare
child_friendly
$ 6,218
Childcare
checkroom
$ 278
Clothing
checkroom
$ 490
Clothing
night_shelter
$ 4,895
Rent Per Month
night_shelter
$ 5,458
Rent Per Month
account_balance_wallet
$ 876
Salaries
account_balance_wallet
$ 3,519
Salaries
Panama City VS Hafnarfjorour
restaurant

Restaurants

Panama City

Hafnarfjorour

Difference

Meal, Inexpensive Restaurant

10.0 $ 16.34 $ -38 %

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

60.0 $ 86.18 $ -30 %

McMeal at McDonalds (or Equivalent Combo Meal)

8.0 $ 14.5 $ -44 %

Domestic Beer (1 pint draught)

2.75 $ 7.9 $ -65 %

Imported Beer (12 oz small bottle)

4.0 $ 7.17 $ -44 %

Cappuccino (regular)

3.77 $ 4.13 $ -8 %

Coke/Pepsi (12 oz small bottle)

1.75 $ 2.84 $ -38 %

Water (12 oz small bottle)

1.36 $ 1.74 $ -21 %
store

Markets

Panama City

Hafnarfjorour

Difference

Milk (regular), (1 gallon)

1.71 $ 1.26 $ 35 %

Loaf of Fresh White Bread (1 lb)

2.38 $ 2.51 $ -5 %

Rice (white), (1 lb)

1.91 $ 3.24 $ -41 %

Eggs (regular) (12)

2.34 $ 5.95 $ -60 %

Local Cheese (1 lb)

10.72 $ 15.16 $ -29 %

Chicken Fillets (1 lb)

7.48 $ 18.89 $ -60 %

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

8.36 $ 28.73 $ -70 %

Apples (1 lb)

2.88 $ 2.15 $ 33 %

Banana (1 lb)

1.36 $ 2.09 $ -34 %

Oranges (1 lb)

2.64 $ 2.15 $ 22 %

Tomato (1 lb)

3.2 $ 4.96 $ -35 %

Potato (1 lb)

2.08 $ 2.37 $ -12 %

Onion (1 lb)

1.88 $ 1.32 $ 42 %

Lettuce (1 head)

2.02 $ 2.77 $ -27 %

Water (1.5 liter bottle)

1.46 $ 2.23 $ -34 %

Bottle of Wine (Mid-Range)

8.5 $ 17.24 $ -50 %

Domestic Beer (0.5 liter bottle)

1.25 $ 3.05 $ -59 %

Imported Beer (12 oz small bottle)

1.89 $ 2.5 $ -24 %

Cigarettes 20 Pack (Marlboro)

6.0 $ 12.02 $ -50 %
commute

Transportation

Panama City

Hafnarfjorour

Difference

One-way Ticket (Local Transport)

0.35 $ 3.27 $ -89 %

Monthly Pass (Regular Price)

25.0 $ 86.18 $ -70 %

Taxi Start (Normal Tariff)

2.25 $ 4.81 $ -53 %

Taxi 1 mile (Normal Tariff)

1.5 $ 2.33 $ -35 %

Taxi 1hour Waiting (Normal Tariff)

21.0 $ 67.22 $ -68 %

Gasoline (1 gallon)

1.19 $ 2.15 $ -44 %

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

22250.0 $ 31600.11 $ -29 %

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

21056.25 $ 30163.75 $ -30 %
mark_as_unread

Utilities (Monthly)

Panama City

Hafnarfjorour

Difference

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

114.9 $ 40.7 $ 182 %

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

-- -- --

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

52.2 $ 61.63 $ -15 %
kitesurfing

Sports And Leisure

Panama City

Hafnarfjorour

Difference

Fitness Club, Monthly Fee for 1 Adult

52.08 $ 50.27 $ 3 %

Tennis Court Rent (1 Hour on Weekend)

25.0 $ -- --

Cinema, International Release, 1 Seat

7.0 $ 12.75 $ -45 %
child_friendly

Childcare

Panama City

Hafnarfjorour

Difference

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

423.57 $ 245.37 $ 72 %

International Primary School, Yearly for 1 Child

9343.71 $ 5972.9 $ 56 %
checkroom

Clothing And Shoes

Panama City

Hafnarfjorour

Difference

1 Pair of Jeans (Levis 501 Or Similar)

56.38 $ 107.37 $ -47 %

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

44.25 $ 35.91 $ 23 %

1 Pair of Nike Running Shoes (Mid-Range)

85.25 $ 169.73 $ -49 %

1 Pair of Men Leather Business Shoes

92.5 $ 177.29 $ -47 %
night_shelter

Rent Per Month

Panama City

Hafnarfjorour

Difference

Apartment (1 bedroom) in City Centre

965.24 $ 1508.19 $ -36 %

Apartment (1 bedroom) Outside of Centre

603.95 $ -- --

Apartment (3 bedrooms) in City Centre

2108.7 $ 2010.92 $ 4 %

Apartment (3 bedrooms) Outside of Centre

1217.65 $ 1939.1 $ -37 %
home

Buy Apartment Price

Panama City

Hafnarfjorour

Difference

Price per Square Feet to Buy Apartment in City Centre

2426.92 $ 4488.65 $ -45 %

Price per Square Feet to Buy Apartment Outside of Centre

1312.5 $ -- --
account_balance_wallet

Salaries And Financing

Panama City

Hafnarfjorour

Difference

Average Monthly Net Salary (After Tax)

876.58 $ 3519.1 $ -75 %

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

5.87 % 3.88 % 51 %