Cost of Living in Panama City vs Loja 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.

$1,035

Loja, Ecuador

Explore the enchanting city of Loja, Ecuador, home to 20,465 friendly residents and a median salary of $425.0, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $39, discover incredible deals at markets with average prices of $40, and have peace of mind with childcare costs totaling around $5303annually. Keep your wardrobe stylish on a $270budget and secure a comfortable residence for $1353per month. Additionally, Loja boasts an average salary of $425.0, ensuring a high quality of life.

restaurant
$ 91
Restaurants
restaurant
$ 39
Restaurants
store
$ 70
Markets
store
$ 40
Markets
child_friendly
$ 9,767
Childcare
child_friendly
$ 5,303
Childcare
checkroom
$ 278
Clothing
checkroom
$ 270
Clothing
night_shelter
$ 4,895
Rent Per Month
night_shelter
$ 1,353
Rent Per Month
account_balance_wallet
$ 876
Salaries
account_balance_wallet
$ 425
Salaries
Panama City VS Loja
restaurant

Restaurants

Panama City

Loja

Difference

Meal, Inexpensive Restaurant

10.0 $ 2.5 $ 300 %

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

60.0 $ 24.0 $ 150 %

McMeal at McDonalds (or Equivalent Combo Meal)

8.0 $ 6.0 $ 33 %

Domestic Beer (1 pint draught)

2.75 $ 1.38 $ 99 %

Imported Beer (12 oz small bottle)

4.0 $ 2.0 $ 100 %

Cappuccino (regular)

3.77 $ 1.88 $ 100 %

Coke/Pepsi (12 oz small bottle)

1.75 $ 0.83 $ 110 %

Water (12 oz small bottle)

1.36 $ 0.45 $ 202 %
store

Markets

Panama City

Loja

Difference

Milk (regular), (1 gallon)

1.71 $ 1.13 $ 51 %

Loaf of Fresh White Bread (1 lb)

2.38 $ 1.4 $ 70 %

Rice (white), (1 lb)

1.91 $ 1.38 $ 38 %

Eggs (regular) (12)

2.34 $ 1.62 $ 44 %

Local Cheese (1 lb)

10.72 $ 3.08 $ 248 %

Chicken Fillets (1 lb)

7.48 $ 3.74 $ 100 %

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

8.36 $ 6.36 $ 31 %

Apples (1 lb)

2.88 $ 1.1 $ 161 %

Banana (1 lb)

1.36 $ 0.53 $ 156 %

Oranges (1 lb)

2.64 $ 0.29 $ 810 %

Tomato (1 lb)

3.2 $ 0.72 $ 344 %

Potato (1 lb)

2.08 $ 0.44 $ 372 %

Onion (1 lb)

1.88 $ 0.55 $ 241 %

Lettuce (1 head)

2.02 $ 0.59 $ 242 %

Water (1.5 liter bottle)

1.46 $ 0.88 $ 65 %

Bottle of Wine (Mid-Range)

8.5 $ 9.0 $ -5 %

Domestic Beer (0.5 liter bottle)

1.25 $ 1.0 $ 25 %

Imported Beer (12 oz small bottle)

1.89 $ 2.25 $ -16 %

Cigarettes 20 Pack (Marlboro)

6.0 $ 4.0 $ 50 %
commute

Transportation

Panama City

Loja

Difference

One-way Ticket (Local Transport)

0.35 $ 0.3 $ 16 %

Monthly Pass (Regular Price)

25.0 $ 15.0 $ 66 %

Taxi Start (Normal Tariff)

2.25 $ 1.25 $ 80 %

Taxi 1 mile (Normal Tariff)

1.5 $ 1.25 $ 20 %

Taxi 1hour Waiting (Normal Tariff)

21.0 $ 10.0 $ 110 %

Gasoline (1 gallon)

1.19 $ 0.65 $ 83 %

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

22250.0 $ 30000.0 $ -25 %

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

21056.25 $ 29000.0 $ -27 %
mark_as_unread

Utilities (Monthly)

Panama City

Loja

Difference

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

114.9 $ 20.0 $ 474 %

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

-- -- --

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

52.2 $ 38.6 $ 35 %
kitesurfing

Sports And Leisure

Panama City

Loja

Difference

Fitness Club, Monthly Fee for 1 Adult

52.08 $ 30.0 $ 73 %

Tennis Court Rent (1 Hour on Weekend)

25.0 $ 14.25 $ 75 %

Cinema, International Release, 1 Seat

7.0 $ 6.5 $ 7 %
child_friendly

Childcare

Panama City

Loja

Difference

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

423.57 $ 70.0 $ 505 %

International Primary School, Yearly for 1 Child

9343.71 $ 5233.33 $ 78 %
checkroom

Clothing And Shoes

Panama City

Loja

Difference

1 Pair of Jeans (Levis 501 Or Similar)

56.38 $ 56.67 $ --

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

44.25 $ 52.86 $ -16 %

1 Pair of Nike Running Shoes (Mid-Range)

85.25 $ 93.33 $ -8 %

1 Pair of Men Leather Business Shoes

92.5 $ 67.5 $ 37 %
night_shelter

Rent Per Month

Panama City

Loja

Difference

Apartment (1 bedroom) in City Centre

965.24 $ 333.33 $ 189 %

Apartment (1 bedroom) Outside of Centre

603.95 $ 216.67 $ 178 %

Apartment (3 bedrooms) in City Centre

2108.7 $ 466.67 $ 351 %

Apartment (3 bedrooms) Outside of Centre

1217.65 $ 337.0 $ 261 %
home

Buy Apartment Price

Panama City

Loja

Difference

Price per Square Feet to Buy Apartment in City Centre

2426.92 $ -- --

Price per Square Feet to Buy Apartment Outside of Centre

1312.5 $ -- --
account_balance_wallet

Salaries And Financing

Panama City

Loja

Difference

Average Monthly Net Salary (After Tax)

876.58 $ 425.0 $ 106 %

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

5.87 % 10.98 % -46 %