Cost of Living in Binghamton vs Panama City

Cost of living in Binghamton is 42% higher than in Panama City (without rent).

Rent in Binghamton is 34% more expensive than in Panama City.

Cost of living including rent in Binghamton is 38% higher than in Panama City.

Food in Binghamton is 53% more expensive than in Panama City.

Transport in Binghamton is 15% cheaper than in Panama City.

Binghamton vs. Panama City Comparision

Binghamton Panama City
Cost of Living, including rent
1,906 $
1,384 $
Without Rent
897 $
633 $
Rent & Utilities
1,008 $
751 $
Food
681 $
444 $
Transport
71 $
84 $
Monthly Salary, after tax
3,443 $
914 $
Quality of Life
63
66
Population
48.0K
881.0K

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Binghamton Panama City

Restaurants

Lunch menu,
inexpensive restaurant
20 $ 12.3 $
Dinner, for 2 52.3 $ 55.2 $
Fast food, McDonalds or KFC 10.5 $ 7.6 $
Beer, 0.5 L or 16 fl oz 4.47 $ 2.94 $
Capuccino 5.05 $ 4.25 $
Coke, 330ml 2.48 $ 1.9 $

Markets

Milk, 1 L or 1 qt 0.82 $ 1.78 $
Bread, 0.5 kg or 1 lb 3.25 $ 2.12 $
Rice, 1 kg or 2 lb 6.05 $ 2.08 $
Eggs, 12 pack 2.78 $ 2.67 $
Cheese, 1 kg or 2 lb 11.5 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 15.4 $ 7.23 $
Round Steak, 1 kg or 2 lb 17.5 $ 10.4 $
Apples, 1 kg or 2 lb 7.3 $ 3.11 $
Banana, 1 kg or 2 lb 2.43 $ 1.54 $
Oranges, 1 kg or 2 lb 5.37 $ 3.09 $
Potatoes, 1 kg or 2 lb 4.93 $ 2.19 $
Onions, 1 kg or 2 lb 3.39 $ 2.5 $
Water, 1 L or 1 qt 2 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.26 $ 2.51 $
Wine, 750 mL bottle 15 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.73 $ 1.14 $
Cigarette pack 15 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 1.99 $ 0.35 $
Monthly pass, Monthly Ticket 69.5 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.96 $ 1.02 $
Taxi, 8 km 25.5 $ 13.9 $

Personal Care

Doctor visit, private clinic 105 $ 49.1 $
Cold medicine, for 1 week 9.32 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 5.84 $ 6.97 $
Toilet paper, 4 rolls 3.16 $ 3.12 $
Toothpaste, 1 tube 2.15 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
111 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
171 $ 118 $
Internet plan,
+60 Mbps
57.7 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 792 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,548 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 1,031 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 2,095 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,187 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 1,174 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,443 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.56 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 45 $ 43.8 $
Cinema, 1 seat 13 $ 6.71 $
Haircut 18.1 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 101 $ 90.2 $
Brand Jeans, Levis 501 29.8 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 1,251 $ 437 $
International Primary School, yearly for 1 child 21,812 $ 9,531 $