Cost of Living Data for Panama

Restaurants Value Range
Inexpensive meal 7.00
169
3.00 - 10.00
Mid-range meal 30.00
174
20.00 - 50.00
Meal at McDonalds (Combo) 6.00
165
5.00 - 6.00
Domestic beer 0.71
194
0.54 - 0.85
Imported beer 1.96
149
1.00 - 2.00
Coke/Pepsi 1.06
170
1.00 - 1.50

Transportation Value Range
One-way ticket (local transport) 0.35 0.25 - 0.35
Monthly pass (regular price) 21.50 20.00 - 25.50
Taxi 12.00 20.00 - 25.00
Gasoline 2.87 2.76 - 3.97
Car (VW Golf 1.4 90kW Trendline) 19000.00 15000.00 - 20000.00

Sports and Leisure Value Range
Fitness club (monthly, adult) 62.29 39.99 - 80.00
Tennis court rent 12.28 10.00 - 12.00
Cinema (international release) 6.00 4.50 - 6.00

Rent Per Month Value Range
Apartment (1 bed) city centre 986.21 700.00 - 1300.00
Apartment (1 bed) outside centre 542.72 400.00 - 600.00
Apartment (3 bed) city centre 1738.74 1200.00 - 2400.00
Apartment (3 bed) outside centre 1085.58 500.00 - 1200.00

Salaries and Financing Value Range
Net monthly disposable income 683.35 600.00 - 880.00
Annual mortgage interest rate % 5.45 4.50 - 6.00

Markets Value Range
Milk 5.56
146
4.54 - 6.78
Loaf of fresh white bread 1.85
126
1.40 - 2.27
Dozen eggs 2.08
160
1.87 - 2.50
Local cheese 7.61 $
71
6.00 - 10.00
Chicken breasts (boneless, skinless, 1kg) 3.46
141
2.69 - 3.86
Water 1.06
139
0.50 - 1.00
Wine 7.50
162
6.00 - 14.00
Cigarettes 4.75
144
4.00 - 5.00

Utilities Value Range
Internet access (monthly, 10Mbps, unlimited) 38.93 35.00 - 56.00
1 minute of pre-paid mobile credit local 0.15 $ 0.08 - 0.30
Utilities for 85sq.m. apartment (electricity, heating, waste, water) 75.88 75.00 - 200.00

Clothing and Shoes Value Range
Pair of jeans (Levi) 48.20 45.00 - 75.00
Summer dress in chain store (Zara, H&M) 32.76 20.00 - 30.00
Pair of running shoes (Nike) 78.39 70.00 - 95.00
Pair of business shoes (man, leather) 73.68 39.00 - 60.00

Property Purchase Price Value Range
Price per sq.ft. to buy apartment city centre 175.74 1,000.00 - 1,600.00
Price per sq.ft. to buy apartment outside centre 125.42 750.00 - 1,100.00