Cost of Living in Greenwich vs Panama City

Cost of living in Greenwich is 49% higher than in Panama City (without rent).

Rent in Greenwich is 240% more expensive than in Panama City.

Cost of living including rent in Greenwich is 153% higher than in Panama City.

Food in Greenwich is 55% more expensive than in Panama City.

Transport in Greenwich is 27% cheaper than in Panama City.

Greenwich vs. Panama City Comparision

Greenwich Panama City
Cost of Living, including rent
3,498 $
1,384 $
Without Rent
944 $
633 $
Rent & Utilities
2,554 $
751 $
Food
688 $
444 $
Transport
62 $
84 $
Monthly Salary, after tax
5,362 $
914 $
Quality of Life
71
66
Population
63.5K
881.0K

Compare other cities?

Greenwich Panama City

Restaurants

Lunch menu,
inexpensive restaurant
17.9 $ 12.3 $
Dinner, for 2 79.8 $ 55.2 $
Fast food, McDonalds or KFC 10.6 $ 7.6 $
Beer, 0.5 L or 16 fl oz 6.99 $ 2.94 $
Capuccino 5.18 $ 4.25 $
Coke, 330ml 2.27 $ 1.9 $

Markets

Milk, 1 L or 1 qt 1.06 $ 1.78 $
Bread, 0.5 kg or 1 lb 4.3 $ 2.12 $
Rice, 1 kg or 2 lb 4.21 $ 2.08 $
Eggs, 12 pack 4.72 $ 2.67 $
Cheese, 1 kg or 2 lb 24.2 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 13.2 $ 7.23 $
Round Steak, 1 kg or 2 lb 15.3 $ 10.4 $
Apples, 1 kg or 2 lb 5.53 $ 3.11 $
Banana, 1 kg or 2 lb 1.79 $ 1.54 $
Oranges, 1 kg or 2 lb 5.55 $ 3.09 $
Potatoes, 1 kg or 2 lb 3.13 $ 2.19 $
Onions, 1 kg or 2 lb 3.07 $ 2.5 $
Water, 1 L or 1 qt 1.78 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.51 $ 2.51 $
Wine, 750 mL bottle 19.6 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.72 $ 1.14 $
Cigarette pack 11.9 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 4.04 $ 0.35 $
Monthly pass, Monthly Ticket 55.7 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.92 $ 1.02 $
Taxi, 8 km 19.6 $ 13.9 $

Personal Care

Doctor visit, private clinic 162 $ 49.1 $
Cold medicine, for 1 week 13 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 7.4 $ 6.97 $
Toilet paper, 4 rolls 5.01 $ 3.12 $
Toothpaste, 1 tube 2.68 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
73.1 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
111 $ 118 $
Internet plan,
+60 Mbps
63.8 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 2,415 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 5,150 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 2,428 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 5,668 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 6,703 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 5,922 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,362 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.53 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 55.1 $ 43.8 $
Cinema, 1 seat 17.1 $ 6.71 $
Haircut 20.9 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 79.4 $ 90.2 $
Brand Jeans, Levis 501 76.5 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 2,514 $ 437 $
International Primary School, yearly for 1 child 22,601 $ 9,531 $