Cost of Living in Frankfort vs Panama City

Cost of living in Frankfort is 2% higher than in Panama City (without rent).

Rent in Frankfort is 7% more expensive than in Panama City.

Cost of living including rent in Frankfort is 5% higher than in Panama City.

Food in Frankfort is 5% more expensive than in Panama City.

Transport in Frankfort is 47% cheaper than in Panama City.

Frankfort vs. Panama City Comparision

Frankfort Panama City
Cost of Living, including rent
1,451 $
1,384 $
Without Rent
647 $
633 $
Rent & Utilities
804 $
751 $
Food
466 $
444 $
Transport
45 $
84 $
Monthly Salary, after tax
4,143 $
914 $
Quality of Life
68
66
Population
28.6K
881.0K

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Frankfort Panama City

Restaurants

Lunch menu,
inexpensive restaurant
13 $ 12.3 $
Dinner, for 2 48 $ 55.2 $
Fast food, McDonalds or KFC 8.02 $ 7.6 $
Beer, 0.5 L or 16 fl oz 3.22 $ 2.94 $
Capuccino 4.3 $ 4.25 $
Coke, 330ml 1.78 $ 1.9 $

Markets

Milk, 1 L or 1 qt 0.8 $ 1.78 $
Bread, 0.5 kg or 1 lb 2.84 $ 2.12 $
Rice, 1 kg or 2 lb 4.17 $ 2.08 $
Eggs, 12 pack 2.57 $ 2.67 $
Cheese, 1 kg or 2 lb 12.2 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 9.06 $ 7.23 $
Round Steak, 1 kg or 2 lb 15.8 $ 10.4 $
Apples, 1 kg or 2 lb 2.64 $ 3.11 $
Banana, 1 kg or 2 lb 1.25 $ 1.54 $
Oranges, 1 kg or 2 lb 2.18 $ 3.09 $
Potatoes, 1 kg or 2 lb 2.39 $ 2.19 $
Onions, 1 kg or 2 lb 1.63 $ 2.5 $
Water, 1 L or 1 qt 1.33 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.01 $ 2.51 $
Wine, 750 mL bottle 10.3 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.73 $ 1.14 $
Cigarette pack 8.65 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 0.75 $ 0.35 $
Monthly pass, Monthly Ticket 38.7 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.88 $ 1.02 $
Taxi, 8 km 16.8 $ 13.9 $

Personal Care

Doctor visit, private clinic 113 $ 49.1 $
Cold medicine, for 1 week 7.34 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 7.61 $ 6.97 $
Toilet paper, 4 rolls 4.22 $ 3.12 $
Toothpaste, 1 tube 2.53 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
147 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
226 $ 118 $
Internet plan,
+60 Mbps
69.5 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 589 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,252 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 580 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 1,454 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,733 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 2,346 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,143 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.64 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 37.5 $ 43.8 $
Cinema, 1 seat 10.3 $ 6.71 $
Haircut 16.4 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 84.1 $ 90.2 $
Brand Jeans, Levis 501 36.3 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 552 $ 437 $
International Primary School, yearly for 1 child 5,034 $ 9,531 $