Cost of living in George Town is 88% higher than in Balboa (without rent).
Rent in George Town is 281% more expensive than in Balboa.
Cost of living including rent in George Town is 192% higher than in Balboa.
Food in George Town is 89% more expensive than in Balboa.
Transport in George Town is 53% more expensive than in Balboa.
| George Town | Balboa | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| George Town | Balboa | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
29.8 $ | 11.4 $ |
| Dinner, for 2 | 81.7 $ | 55.8 $ |
| Fast food, McDonalds or KFC | 15.7 $ | 7.67 $ |
| Beer, 0.5 L or 16 fl oz | 7.16 $ | 2.86 $ |
| Capuccino | 6.66 $ | 4.08 $ |
| Coke, 330ml | 3.59 $ | 1.91 $ |
Markets |
Milk, 1 L or 1 qt | 3.24 $ | 1.73 $ |
| Bread, 0.5 kg or 1 lb | 4.91 $ | 2.23 $ |
| Rice, 1 kg or 2 lb | 5.87 $ | 2.26 $ |
| Eggs, 12 pack | 9.58 $ | 2.66 $ |
| Cheese, 1 kg or 2 lb | 15.1 $ | 12.9 $ |
| Chicken Breast, 1 kg or 2 lb | 15 $ | 7.36 $ |
| Round Steak, 1 kg or 2 lb | 14.9 $ | 10.1 $ |
| Apples, 1 kg or 2 lb | 5.21 $ | 3.24 $ |
| Banana, 1 kg or 2 lb | 4.44 $ | 1.54 $ |
| Oranges, 1 kg or 2 lb | 7.76 $ | 3.05 $ |
| Potatoes, 1 kg or 2 lb | 2.96 $ | 2.19 $ |
| Onions, 1 kg or 2 lb | 2.91 $ | 2.49 $ |
| Water, 1 L or 1 qt | 1.83 $ | 1.01 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.74 $ | 2.44 $ |
| Wine, 750 mL bottle | 23.9 $ | 8.93 $ |
| Beer, 0.5 L or 16 fl oz | 3.99 $ | 1.13 $ |
| Cigarette pack | 13.2 $ | 5.94 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 3.01 $ | 0.39 $ |
| Monthly pass, Monthly Ticket | 30.2 $ | 28.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.78 $ | 1.02 $ |
| Taxi, 8 km | 21.6 $ | 14.6 $ |
Personal Care |
||
| Doctor visit, private clinic | 110 $ | 46.7 $ |
| Cold medicine, for 1 week | 9.99 $ | 10.9 $ |
| Hair shampoo, 400 ml or 12 oz | 5.36 $ | 6.51 $ |
| Toilet paper, 4 rolls | 3.97 $ | 2.97 $ |
| Toothpaste, 1 tube | 2.41 $ | 2.86 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
126 $ | 77.5 $ |
| Utility bill - family, electricity, heating, water & garbage |
196 $ | 118 $ |
| Internet plan, +60 Mbps |
113 $ | 47.9 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 2,239 $ | 493 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 4,623 $ | 1,015 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 2,606 $ | 745 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 5,633 $ | 1,558 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 8,428 $ | 2,284 $ |
| Price per Square Meter to Buy House, in suburbs | 4,209 $ | 1,473 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 5,788 $ | 862 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 7.76 % | 6.27 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 87.2 $ | 41.2 $ |
| Cinema, 1 seat | 18.1 $ | 6.62 $ |
| Haircut | 23.5 $ | 12.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 129 $ | 88.6 $ |
| Brand Jeans, Levis 501 | 94.7 $ | 53.2 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 1,615 $ | 436 $ |
| International Primary School, yearly for 1 child | 26,502 $ | 9,387 $ |