Cost of Living in High Point vs Panama City

Cost of living in High Point is 25% higher than in Panama City (without rent).

Rent in High Point is 75% more expensive than in Panama City.

Cost of living including rent in High Point is 52% higher than in Panama City.

Food in High Point is 31% more expensive than in Panama City.

Transport in High Point is 15% cheaper than in Panama City.

High Point vs. Panama City Comparision

High Point Panama City
Cost of Living, including rent
2,110 $
1,384 $
Without Rent
793 $
633 $
Rent & Utilities
1,317 $
751 $
Food
583 $
444 $
Transport
71 $
84 $
Monthly Salary, after tax
5,036 $
914 $
Quality of Life
70
66
Population
114.0K
881.0K

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High Point Panama City

Restaurants

Lunch menu,
inexpensive restaurant
15 $ 12.3 $
Dinner, for 2 50.5 $ 55.2 $
Fast food, McDonalds or KFC 10 $ 7.6 $
Beer, 0.5 L or 16 fl oz 6.02 $ 2.94 $
Capuccino 4.78 $ 4.25 $
Coke, 330ml 2.06 $ 1.9 $

Markets

Milk, 1 L or 1 qt 0.86 $ 1.78 $
Bread, 0.5 kg or 1 lb 3.56 $ 2.12 $
Rice, 1 kg or 2 lb 5.12 $ 2.08 $
Eggs, 12 pack 3.5 $ 2.67 $
Cheese, 1 kg or 2 lb 15.8 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 11 $ 7.23 $
Round Steak, 1 kg or 2 lb 17.5 $ 10.4 $
Apples, 1 kg or 2 lb 7.31 $ 3.11 $
Banana, 1 kg or 2 lb 1.75 $ 1.54 $
Oranges, 1 kg or 2 lb 5.98 $ 3.09 $
Potatoes, 1 kg or 2 lb 4.28 $ 2.19 $
Onions, 1 kg or 2 lb 3.3 $ 2.5 $
Water, 1 L or 1 qt 1.23 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.53 $ 2.51 $
Wine, 750 mL bottle 9.92 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.64 $ 1.14 $
Cigarette pack 6.5 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 2.48 $ 0.35 $
Monthly pass, Monthly Ticket 79.7 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.85 $ 1.02 $
Taxi, 8 km 22.9 $ 13.9 $

Personal Care

Doctor visit, private clinic 97.1 $ 49.1 $
Cold medicine, for 1 week 8.27 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 5.33 $ 6.97 $
Toilet paper, 4 rolls 3.51 $ 3.12 $
Toothpaste, 1 tube 1.74 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
88.8 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
138 $ 118 $
Internet plan,
+60 Mbps
75.5 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,107 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,861 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 1,337 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 2,264 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 4,168 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 2,963 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,036 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.53 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 39.4 $ 43.8 $
Cinema, 1 seat 12.4 $ 6.71 $
Haircut 21.1 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 75 $ 90.2 $
Brand Jeans, Levis 501 46.5 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 1,265 $ 437 $
International Primary School, yearly for 1 child 25,792 $ 9,531 $