Cost of Living in Grand Rapids vs Tocumen

Cost of living in Grand Rapids is 44% higher than in Tocumen (without rent).

Rent in Grand Rapids is 127% more expensive than in Tocumen.

Cost of living including rent in Grand Rapids is 89% higher than in Tocumen.

Food in Grand Rapids is 40% more expensive than in Tocumen.

Transport in Grand Rapids is 64% more expensive than in Tocumen.

Grand Rapids vs. Tocumen Comparision

Grand Rapids Tocumen
Cost of Living, including rent
2,325 $
1,231 $
Without Rent
818 $
568 $
Rent & Utilities
1,507 $
663 $
Food
596 $
427 $
Transport
67 $
41 $
Monthly Salary, after tax
4,262 $
873 $
Quality of Life
81
48
Population
199.0K
103.0K

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Grand Rapids Tocumen

Restaurants

Lunch menu,
inexpensive restaurant
17.8 $ 4.98 $
Dinner, for 2 64.6 $ 65.3 $
Fast food, McDonalds or KFC 11 $ 8.01 $
Beer, 0.5 L or 16 fl oz 5.99 $ 3.01 $
Capuccino 4.88 $ 3.6 $
Coke, 330ml 2.58 $ 1.89 $

Markets

Milk, 1 L or 1 qt 0.84 $ 1.77 $
Bread, 0.5 kg or 1 lb 3.06 $ 2.53 $
Rice, 1 kg or 2 lb 4.78 $ 2.46 $
Eggs, 12 pack 3.35 $ 2.62 $
Cheese, 1 kg or 2 lb 15.4 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 10.4 $ 7.44 $
Round Steak, 1 kg or 2 lb 14.9 $ 10.3 $
Apples, 1 kg or 2 lb 5.48 $ 3.36 $
Banana, 1 kg or 2 lb 1.34 $ 1.55 $
Oranges, 1 kg or 2 lb 4.9 $ 3.06 $
Potatoes, 1 kg or 2 lb 2.16 $ 2.18 $
Onions, 1 kg or 2 lb 3.08 $ 2.51 $
Water, 1 L or 1 qt 1.84 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.33 $ 2.46 $
Wine, 750 mL bottle 14.5 $ 8.99 $
Beer, 0.5 L or 16 fl oz 1.73 $ 1.18 $
Cigarette pack 8.91 $ 5.83 $

Transport

Local transport ticket, One-way Ticket 1.75 $ 0.39 $
Monthly pass, Monthly Ticket 46.7 $ 28.5 $
Gas or petrol, 1 L or 0.26 gal 0.89 $ 0.98 $
Taxi, 8 km 19.2 $ 16.7 $

Personal Care

Doctor visit, private clinic 135 $ 46.7 $
Cold medicine, for 1 week 5.93 $ 11.2 $
Hair shampoo, 400 ml or 12 oz 4.72 $ 6.33 $
Toilet paper, 4 rolls 3.55 $ 2.95 $
Toothpaste, 1 tube 2 $ 2.84 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
72.6 $ 73.1 $
Utility bill - family,
electricity, heating, water & garbage
111 $ 114 $
Internet plan,
+60 Mbps
58.1 $ 51.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,277 $ 490 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,116 $ 982 $
1 Bedroom Apartment, in city center, 40 sq.m 1,773 $ 735 $
3 Bedroom Apartment, in city center, 85 sq.m 2,849 $ 1,537 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,044 $ 2,280 $
Price per Square Meter to Buy House, in suburbs 2,051 $ 1,462 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,262 $ 873 $
Mortgage Interest Rate, for 20 years fixed-rate 6.53 % 6.19 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 29.8 $ 41.3 $
Cinema, 1 seat 11 $ 6.96 $
Haircut 16.1 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 83.6 $ 87.1 $
Brand Jeans, Levis 501 61.9 $ 54.2 $

Childcare

Preschool, full day, monthly for 1 child 943 $ 441 $
International Primary School, yearly for 1 child 20,912 $ 9,424 $