Cost of Living in Courtenay vs Panama City

Cost of living in Courtenay is 6% higher than in Panama City (without rent).

Rent in Courtenay is 65% more expensive than in Panama City.

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

Food in Courtenay is 13% more expensive than in Panama City.

Transport in Courtenay is 44% cheaper than in Panama City.

Courtenay vs. Panama City Comparision

Courtenay Panama City
Cost of Living, including rent
1,913 $
1,384 $
Without Rent
673 $
633 $
Rent & Utilities
1,240 $
751 $
Food
503 $
444 $
Transport
48 $
84 $
Monthly Salary, after tax
3,682 $
914 $
Quality of Life
59
66
Population
25.6K
881.0K

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Courtenay Panama City

Restaurants

Lunch menu,
inexpensive restaurant
12.8 $ 12.3 $
Dinner, for 2 59.4 $ 55.2 $
Fast food, McDonalds or KFC 10.7 $ 7.6 $
Beer, 0.5 L or 16 fl oz 5.9 $ 2.94 $
Capuccino 3.8 $ 4.25 $
Coke, 330ml 1.97 $ 1.9 $

Markets

Milk, 1 L or 1 qt 2.56 $ 1.78 $
Bread, 0.5 kg or 1 lb 2.46 $ 2.12 $
Rice, 1 kg or 2 lb 2.22 $ 2.08 $
Eggs, 12 pack 3.89 $ 2.67 $
Cheese, 1 kg or 2 lb 9.66 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 9.85 $ 7.23 $
Round Steak, 1 kg or 2 lb 11.6 $ 10.4 $
Apples, 1 kg or 2 lb 3.4 $ 3.11 $
Banana, 1 kg or 2 lb 1.42 $ 1.54 $
Oranges, 1 kg or 2 lb 2.48 $ 3.09 $
Potatoes, 1 kg or 2 lb 2.48 $ 2.19 $
Onions, 1 kg or 2 lb 2.65 $ 2.5 $
Water, 1 L or 1 qt 0.79 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.21 $ 2.51 $
Wine, 750 mL bottle 11.1 $ 9.03 $
Beer, 0.5 L or 16 fl oz 3.26 $ 1.14 $
Cigarette pack 14.7 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 1.47 $ 0.35 $
Monthly pass, Monthly Ticket 44.2 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 1.28 $ 1.02 $
Taxi, 8 km 15.2 $ 13.9 $

Personal Care

Doctor visit, private clinic 63.2 $ 49.1 $
Cold medicine, for 1 week 9.38 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 4.3 $ 6.97 $
Toilet paper, 4 rolls 2.89 $ 3.12 $
Toothpaste, 1 tube 2.04 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
95 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
146 $ 118 $
Internet plan,
+60 Mbps
54.6 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,059 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,708 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 1,217 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 2,199 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 5,533 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 5,762 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,682 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.5 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 44.2 $ 43.8 $
Cinema, 1 seat 11 $ 6.71 $
Haircut 16.2 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 82.5 $ 90.2 $
Brand Jeans, Levis 501 63.6 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 1,017 $ 437 $
International Primary School, yearly for 1 child 13,426 $ 9,531 $