Cost of Living in Hot Springs vs Tocumen

Cost of living in Hot Springs is 38% higher than in Tocumen (without rent).

Rent in Hot Springs is 18% cheaper than in Tocumen.

Cost of living including rent in Hot Springs is 8% higher than in Tocumen.

Food in Hot Springs is 33% more expensive than in Tocumen.

Transport in Hot Springs is 17% more expensive than in Tocumen.

Hot Springs vs. Tocumen Comparision

Hot Springs Tocumen
Cost of Living, including rent
1,325 $
1,231 $
Without Rent
783 $
568 $
Rent & Utilities
542 $
663 $
Food
568 $
427 $
Transport
48 $
41 $
Monthly Salary, after tax
2,423 $
873 $
Quality of Life
59
48
Population
37.9K
103.0K

Compare other cities?

Hot Springs Tocumen

Restaurants

Lunch menu,
inexpensive restaurant
16.4 $ 4.98 $
Dinner, for 2 64.7 $ 65.3 $
Fast food, McDonalds or KFC 9.02 $ 8.01 $
Beer, 0.5 L or 16 fl oz 5.01 $ 3.01 $
Capuccino 5.02 $ 3.6 $
Coke, 330ml 2.13 $ 1.89 $

Markets

Milk, 1 L or 1 qt 0.94 $ 1.77 $
Bread, 0.5 kg or 1 lb 2.75 $ 2.53 $
Rice, 1 kg or 2 lb 2.81 $ 2.46 $
Eggs, 12 pack 2.32 $ 2.62 $
Cheese, 1 kg or 2 lb 7.67 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 13.1 $ 7.44 $
Round Steak, 1 kg or 2 lb 18.8 $ 10.3 $
Apples, 1 kg or 2 lb 3.8 $ 3.36 $
Banana, 1 kg or 2 lb 1.65 $ 1.55 $
Oranges, 1 kg or 2 lb 4.57 $ 3.06 $
Potatoes, 1 kg or 2 lb 3.1 $ 2.18 $
Onions, 1 kg or 2 lb 3.06 $ 2.51 $
Water, 1 L or 1 qt 1.05 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.55 $ 2.46 $
Wine, 750 mL bottle 5 $ 8.99 $
Beer, 0.5 L or 16 fl oz 2.57 $ 1.18 $
Cigarette pack 7.02 $ 5.83 $

Transport

Local transport ticket, One-way Ticket 1.23 $ 0.39 $
Monthly pass, Monthly Ticket 28.1 $ 28.5 $
Gas or petrol, 1 L or 0.26 gal 0.78 $ 0.98 $
Taxi, 8 km 21 $ 16.7 $

Personal Care

Doctor visit, private clinic 139 $ 46.7 $
Cold medicine, for 1 week 14.9 $ 11.2 $
Hair shampoo, 400 ml or 12 oz 5.83 $ 6.33 $
Toilet paper, 4 rolls 4.82 $ 2.95 $
Toothpaste, 1 tube 2.39 $ 2.84 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
108 $ 73.1 $
Utility bill - family,
electricity, heating, water & garbage
165 $ 114 $
Internet plan,
+60 Mbps
40.3 $ 51.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 359 $ 490 $
3 Bedroom Apartment, outside of center, 85 sq.m 830 $ 982 $
1 Bedroom Apartment, in city center, 40 sq.m 539 $ 735 $
3 Bedroom Apartment, in city center, 85 sq.m 999 $ 1,537 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,899 $ 2,280 $
Price per Square Meter to Buy House, in suburbs 1,897 $ 1,462 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,423 $ 873 $
Mortgage Interest Rate, for 20 years fixed-rate 5.96 % 6.19 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 39.7 $ 41.3 $
Cinema, 1 seat 15.1 $ 6.96 $
Haircut 17.8 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 100 $ 87.1 $
Brand Jeans, Levis 501 40 $ 54.2 $

Childcare

Preschool, full day, monthly for 1 child 597 $ 441 $
International Primary School, yearly for 1 child 19,217 $ 9,424 $