Cost of Living in Mount Vernon vs Panama City

Cost of living in Mount Vernon is 52% higher than in Panama City (without rent).

Rent in Mount Vernon is 146% more expensive than in Panama City.

Cost of living including rent in Mount Vernon is 103% higher than in Panama City.

Food in Mount Vernon is 57% more expensive than in Panama City.

Transport in Mount Vernon is very similar to Panama City.

Mount Vernon vs. Panama City Comparision

Mount Vernon Panama City
Cost of Living, including rent
2,811 $
1,384 $
Without Rent
961 $
633 $
Rent & Utilities
1,850 $
751 $
Food
695 $
444 $
Transport
83 $
84 $
Monthly Salary, after tax
5,894 $
914 $
Quality of Life
76
66
Population
73.9K
881.0K

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Mount Vernon Panama City

Restaurants

Lunch menu,
inexpensive restaurant
18.1 $ 12.3 $
Dinner, for 2 89.5 $ 55.2 $
Fast food, McDonalds or KFC 10.4 $ 7.6 $
Beer, 0.5 L or 16 fl oz 7.95 $ 2.94 $
Capuccino 5.97 $ 4.25 $
Coke, 330ml 2.28 $ 1.9 $

Markets

Milk, 1 L or 1 qt 1.33 $ 1.78 $
Bread, 0.5 kg or 1 lb 4.28 $ 2.12 $
Rice, 1 kg or 2 lb 4.27 $ 2.08 $
Eggs, 12 pack 4.76 $ 2.67 $
Cheese, 1 kg or 2 lb 16.9 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 13.2 $ 7.23 $
Round Steak, 1 kg or 2 lb 15.6 $ 10.4 $
Apples, 1 kg or 2 lb 5.54 $ 3.11 $
Banana, 1 kg or 2 lb 2.14 $ 1.54 $
Oranges, 1 kg or 2 lb 5.53 $ 3.09 $
Potatoes, 1 kg or 2 lb 3.63 $ 2.19 $
Onions, 1 kg or 2 lb 3.39 $ 2.5 $
Water, 1 L or 1 qt 1.59 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.74 $ 2.51 $
Wine, 750 mL bottle 19.7 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.74 $ 1.14 $
Cigarette pack 12 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 2.73 $ 0.35 $
Monthly pass, Monthly Ticket 116 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 1.02 $ 1.02 $
Taxi, 8 km 21.2 $ 13.9 $

Personal Care

Doctor visit, private clinic 148 $ 49.1 $
Cold medicine, for 1 week 10.2 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 8.87 $ 6.97 $
Toilet paper, 4 rolls 6.47 $ 3.12 $
Toothpaste, 1 tube 2.22 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
72.9 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
111 $ 118 $
Internet plan,
+60 Mbps
67.1 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,733 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,476 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 1,619 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 2,970 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 4,461 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 2,939 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,894 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.59 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 46.1 $ 43.8 $
Cinema, 1 seat 17.1 $ 6.71 $
Haircut 21.5 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 79 $ 90.2 $
Brand Jeans, Levis 501 68 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 2,478 $ 437 $
International Primary School, yearly for 1 child 22,437 $ 9,531 $