Cost of Living in Hoboken vs Panama City

Cost of living in Hoboken is 41% higher than in Panama City (without rent).

Rent in Hoboken is 218% more expensive than in Panama City.

Cost of living including rent in Hoboken is 137% higher than in Panama City.

Food in Hoboken is 40% more expensive than in Panama City.

Transport in Hoboken is 14% cheaper than in Panama City.

Hoboken vs. Panama City Comparision

Hoboken Panama City
Cost of Living, including rent
3,280 $
1,384 $
Without Rent
892 $
633 $
Rent & Utilities
2,388 $
751 $
Food
623 $
444 $
Transport
73 $
84 $
Monthly Salary, after tax
6,286 $
914 $
Quality of Life
76
66
Population
60.4K
881.0K

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Hoboken Panama City

Restaurants

Lunch menu,
inexpensive restaurant
17.7 $ 12.3 $
Dinner, for 2 89.3 $ 55.2 $
Fast food, McDonalds or KFC 10.6 $ 7.6 $
Beer, 0.5 L or 16 fl oz 8 $ 2.94 $
Capuccino 5 $ 4.25 $
Coke, 330ml 2.5 $ 1.9 $

Markets

Milk, 1 L or 1 qt 1.05 $ 1.78 $
Bread, 0.5 kg or 1 lb 4 $ 2.12 $
Rice, 1 kg or 2 lb 4.82 $ 2.08 $
Eggs, 12 pack 4.09 $ 2.67 $
Cheese, 1 kg or 2 lb 14.3 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 6.58 $ 7.23 $
Round Steak, 1 kg or 2 lb 17.7 $ 10.4 $
Apples, 1 kg or 2 lb 5.02 $ 3.11 $
Banana, 1 kg or 2 lb 1.82 $ 1.54 $
Oranges, 1 kg or 2 lb 4.15 $ 3.09 $
Potatoes, 1 kg or 2 lb 1.56 $ 2.19 $
Onions, 1 kg or 2 lb 3.76 $ 2.5 $
Water, 1 L or 1 qt 1.33 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.55 $ 2.51 $
Wine, 750 mL bottle 16 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.72 $ 1.14 $
Cigarette pack 12.1 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 2.61 $ 0.35 $
Monthly pass, Monthly Ticket 133 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.9 $ 1.02 $
Taxi, 8 km 11.2 $ 13.9 $

Personal Care

Doctor visit, private clinic 173 $ 49.1 $
Cold medicine, for 1 week 9.35 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 6.56 $ 6.97 $
Toilet paper, 4 rolls 6.8 $ 3.12 $
Toothpaste, 1 tube 3.16 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
55 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
84.8 $ 118 $
Internet plan,
+60 Mbps
39.6 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 2,014 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 4,344 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 3,413 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 6,457 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 6,385 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 4,850 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 6,286 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.49 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 49.8 $ 43.8 $
Cinema, 1 seat 17.4 $ 6.71 $
Haircut 27.7 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 84.9 $ 90.2 $
Brand Jeans, Levis 501 38.1 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 2,318 $ 437 $
International Primary School, yearly for 1 child 19,461 $ 9,531 $