Cost of Living in Homewood vs Tocumen

Cost of living in Homewood is 36% higher than in Tocumen (without rent).

Rent in Homewood is 75% more expensive than in Tocumen.

Cost of living including rent in Homewood is 57% higher than in Tocumen.

Food in Homewood is 36% more expensive than in Tocumen.

Transport in Homewood is 22% more expensive than in Tocumen.

Homewood vs. Tocumen Comparision

Homewood Tocumen
Cost of Living, including rent
1,936 $
1,231 $
Without Rent
775 $
568 $
Rent & Utilities
1,162 $
663 $
Food
580 $
427 $
Transport
50 $
41 $
Monthly Salary, after tax
3,442 $
873 $
Quality of Life
62
48
Population
26.4K
103.0K

Compare other cities?

Homewood Tocumen

Restaurants

Lunch menu,
inexpensive restaurant
16 $ 4.98 $
Dinner, for 2 63.6 $ 65.3 $
Fast food, McDonalds or KFC 9.94 $ 8.01 $
Beer, 0.5 L or 16 fl oz 5.91 $ 3.01 $
Capuccino 5.19 $ 3.6 $
Coke, 330ml 2.23 $ 1.89 $

Markets

Milk, 1 L or 1 qt 1.07 $ 1.77 $
Bread, 0.5 kg or 1 lb 3.2 $ 2.53 $
Rice, 1 kg or 2 lb 3.24 $ 2.46 $
Eggs, 12 pack 3.52 $ 2.62 $
Cheese, 1 kg or 2 lb 12.4 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 12.5 $ 7.44 $
Round Steak, 1 kg or 2 lb 14.8 $ 10.3 $
Apples, 1 kg or 2 lb 5 $ 3.36 $
Banana, 1 kg or 2 lb 1.77 $ 1.55 $
Oranges, 1 kg or 2 lb 4.85 $ 3.06 $
Potatoes, 1 kg or 2 lb 2.83 $ 2.18 $
Onions, 1 kg or 2 lb 3.07 $ 2.51 $
Water, 1 L or 1 qt 1.42 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.7 $ 2.46 $
Wine, 750 mL bottle 15.6 $ 8.99 $
Beer, 0.5 L or 16 fl oz 3 $ 1.18 $
Cigarette pack 7.14 $ 5.83 $

Transport

Local transport ticket, One-way Ticket 1.68 $ 0.39 $
Monthly pass, Monthly Ticket 52.6 $ 28.5 $
Gas or petrol, 1 L or 0.26 gal 0.87 $ 0.98 $
Taxi, 8 km 15.8 $ 16.7 $

Personal Care

Doctor visit, private clinic 102 $ 46.7 $
Cold medicine, for 1 week 6.36 $ 11.2 $
Hair shampoo, 400 ml or 12 oz 5.03 $ 6.33 $
Toilet paper, 4 rolls 3.62 $ 2.95 $
Toothpaste, 1 tube 1.91 $ 2.84 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
121 $ 73.1 $
Utility bill - family,
electricity, heating, water & garbage
186 $ 114 $
Internet plan,
+60 Mbps
53.5 $ 51.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 931 $ 490 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,801 $ 982 $
1 Bedroom Apartment, in city center, 40 sq.m 1,211 $ 735 $
3 Bedroom Apartment, in city center, 85 sq.m 2,097 $ 1,537 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,534 $ 2,280 $
Price per Square Meter to Buy House, in suburbs 2,404 $ 1,462 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,442 $ 873 $
Mortgage Interest Rate, for 20 years fixed-rate 6.52 % 6.19 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 38 $ 41.3 $
Cinema, 1 seat 13.2 $ 6.96 $
Haircut 17.1 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 90.3 $ 87.1 $
Brand Jeans, Levis 501 50.1 $ 54.2 $

Childcare

Preschool, full day, monthly for 1 child 994 $ 441 $
International Primary School, yearly for 1 child 18,413 $ 9,424 $