Cost of Living in Georgetown vs Tocumen

Cost of living in Georgetown is 4% higher than in Tocumen (without rent).

Rent in Georgetown is 41% cheaper than in Tocumen.

Cost of living including rent in Georgetown is 20% lower than in Tocumen.

Food in Georgetown is 4% more expensive than in Tocumen.

Transport in Georgetown is 91% more expensive than in Tocumen.

Georgetown vs. Tocumen Comparision

Georgetown Tocumen
Cost of Living, including rent
986 $
1,231 $
Without Rent
592 $
568 $
Rent & Utilities
394 $
663 $
Food
442 $
427 $
Transport
78 $
41 $
Monthly Salary, after tax
538 $
873 $
Quality of Life
47
48
Population
235.0K
103.0K

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Georgetown Tocumen

Restaurants

Lunch menu,
inexpensive restaurant
9.31 $ 4.98 $
Dinner, for 2 55 $ 65.3 $
Fast food, McDonalds or KFC 8.15 $ 8.01 $
Beer, 0.5 L or 16 fl oz 2.16 $ 3.01 $
Capuccino 3.88 $ 3.6 $
Coke, 330ml 1.23 $ 1.89 $

Markets

Milk, 1 L or 1 qt 3.04 $ 1.77 $
Bread, 0.5 kg or 1 lb 1.83 $ 2.53 $
Rice, 1 kg or 2 lb 1.81 $ 2.46 $
Eggs, 12 pack 3.71 $ 2.62 $
Cheese, 1 kg or 2 lb 10.1 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 5.98 $ 7.44 $
Round Steak, 1 kg or 2 lb 8.47 $ 10.3 $
Apples, 1 kg or 2 lb 4.37 $ 3.36 $
Banana, 1 kg or 2 lb 2.68 $ 1.55 $
Oranges, 1 kg or 2 lb 3.76 $ 3.06 $
Potatoes, 1 kg or 2 lb 1.48 $ 2.18 $
Onions, 1 kg or 2 lb 2.05 $ 2.51 $
Water, 1 L or 1 qt 1.09 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.18 $ 2.46 $
Wine, 750 mL bottle 17 $ 8.99 $
Beer, 0.5 L or 16 fl oz 1.75 $ 1.18 $
Cigarette pack 2.37 $ 5.83 $

Transport

Local transport ticket, One-way Ticket 0.56 $ 0.39 $
Monthly pass, Monthly Ticket 31 $ 28.5 $
Gas or petrol, 1 L or 0.26 gal 1.05 $ 0.98 $
Taxi, 8 km 26.4 $ 16.7 $

Personal Care

Doctor visit, private clinic 22.2 $ 46.7 $
Cold medicine, for 1 week 11.5 $ 11.2 $
Hair shampoo, 400 ml or 12 oz 4.73 $ 6.33 $
Toilet paper, 4 rolls 2.56 $ 2.95 $
Toothpaste, 1 tube 2.5 $ 2.84 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
47.3 $ 73.1 $
Utility bill - family,
electricity, heating, water & garbage
72.4 $ 114 $
Internet plan,
+60 Mbps
57.8 $ 51.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 240 $ 490 $
3 Bedroom Apartment, outside of center, 85 sq.m 598 $ 982 $
1 Bedroom Apartment, in city center, 40 sq.m 485 $ 735 $
3 Bedroom Apartment, in city center, 85 sq.m 1,327 $ 1,537 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,910 $ 2,280 $
Price per Square Meter to Buy House, in suburbs 1,737 $ 1,462 $

Salaries and Financing

Average Monthly Net Salary, after tax 538 $ 873 $
Mortgage Interest Rate, for 20 years fixed-rate 7.13 % 6.19 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 34.9 $ 41.3 $
Cinema, 1 seat 5.94 $ 6.96 $
Haircut 6.46 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 81.8 $ 87.1 $
Brand Jeans, Levis 501 37.8 $ 54.2 $

Childcare

Preschool, full day, monthly for 1 child 884 $ 441 $
International Primary School, yearly for 1 child 23,107 $ 9,424 $