Cost of Living in Cumberland vs Panama City

Cost of living in Cumberland is 12% higher than in Panama City (without rent).

Rent in Cumberland is 12% more expensive than in Panama City.

Cost of living including rent in Cumberland is 12% higher than in Panama City.

Food in Cumberland is 15% more expensive than in Panama City.

Transport in Cumberland is 9% cheaper than in Panama City.

Cumberland vs. Panama City Comparision

Cumberland Panama City
Cost of Living, including rent
1,544 $
1,384 $
Without Rent
706 $
633 $
Rent & Utilities
838 $
751 $
Food
510 $
444 $
Transport
77 $
84 $
Monthly Salary, after tax
5,339 $
914 $
Quality of Life
64
66
Population
19.1K
881.0K

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Cumberland Panama City

Restaurants

Lunch menu,
inexpensive restaurant
7.03 $ 12.3 $
Dinner, for 2 44.6 $ 55.2 $
Fast food, McDonalds or KFC 10.1 $ 7.6 $
Beer, 0.5 L or 16 fl oz 3.01 $ 2.94 $
Capuccino 2.48 $ 4.25 $
Coke, 330ml 1.25 $ 1.9 $

Markets

Milk, 1 L or 1 qt 1.07 $ 1.78 $
Bread, 0.5 kg or 1 lb 2.2 $ 2.12 $
Rice, 1 kg or 2 lb 3.9 $ 2.08 $
Eggs, 12 pack 4.03 $ 2.67 $
Cheese, 1 kg or 2 lb 8.77 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 14.8 $ 7.23 $
Round Steak, 1 kg or 2 lb 18.4 $ 10.4 $
Apples, 1 kg or 2 lb 4.41 $ 3.11 $
Banana, 1 kg or 2 lb 1.66 $ 1.54 $
Oranges, 1 kg or 2 lb 5.24 $ 3.09 $
Potatoes, 1 kg or 2 lb 3.38 $ 2.19 $
Onions, 1 kg or 2 lb 3.45 $ 2.5 $
Water, 1 L or 1 qt 0.67 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.68 $ 2.51 $
Wine, 750 mL bottle 11.9 $ 9.03 $
Beer, 0.5 L or 16 fl oz 2.53 $ 1.14 $
Cigarette pack 7 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 2.02 $ 0.35 $
Monthly pass, Monthly Ticket 91.2 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.96 $ 1.02 $
Taxi, 8 km 24.1 $ 13.9 $

Personal Care

Doctor visit, private clinic 96.7 $ 49.1 $
Cold medicine, for 1 week 8.33 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 4.27 $ 6.97 $
Toilet paper, 4 rolls 3.79 $ 3.12 $
Toothpaste, 1 tube 1.97 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
121 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
188 $ 118 $
Internet plan,
+60 Mbps
54.8 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 681 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,198 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 586 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 1,199 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,067 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 1,070 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,339 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 5.51 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 25.2 $ 43.8 $
Cinema, 1 seat 17.1 $ 6.71 $
Haircut 16.9 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 35.2 $ 90.2 $
Brand Jeans, Levis 501 15 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 602 $ 437 $
International Primary School, yearly for 1 child 16,937 $ 9,531 $