Cost of Living in New Rochelle vs Panama City

Cost of living in New Rochelle is 51% higher than in Panama City (without rent).

Rent in New Rochelle is 187% more expensive than in Panama City.

Cost of living including rent in New Rochelle is 125% higher than in Panama City.

Food in New Rochelle is 55% more expensive than in Panama City.

Transport in New Rochelle is very similar to Panama City.

New Rochelle vs. Panama City Comparision

New Rochelle Panama City
Cost of Living, including rent
3,108 $
1,384 $
Without Rent
953 $
633 $
Rent & Utilities
2,155 $
751 $
Food
689 $
444 $
Transport
86 $
84 $
Monthly Salary, after tax
6,473 $
914 $
Quality of Life
91
66
Population
79.7K
881.0K

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New Rochelle Panama City

Restaurants

Lunch menu,
inexpensive restaurant
17.8 $ 12.3 $
Dinner, for 2 79.4 $ 55.2 $
Fast food, McDonalds or KFC 10.5 $ 7.6 $
Beer, 0.5 L or 16 fl oz 7.05 $ 2.94 $
Capuccino 5.15 $ 4.25 $
Coke, 330ml 2.5 $ 1.9 $

Markets

Milk, 1 L or 1 qt 1.04 $ 1.78 $
Bread, 0.5 kg or 1 lb 4.31 $ 2.12 $
Rice, 1 kg or 2 lb 4.2 $ 2.08 $
Eggs, 12 pack 4.71 $ 2.67 $
Cheese, 1 kg or 2 lb 12.4 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 16 $ 7.23 $
Round Steak, 1 kg or 2 lb 15.4 $ 10.4 $
Apples, 1 kg or 2 lb 5.52 $ 3.11 $
Banana, 1 kg or 2 lb 1.82 $ 1.54 $
Oranges, 1 kg or 2 lb 4.4 $ 3.09 $
Potatoes, 1 kg or 2 lb 3.14 $ 2.19 $
Onions, 1 kg or 2 lb 3.72 $ 2.5 $
Water, 1 L or 1 qt 1.78 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.71 $ 2.51 $
Wine, 750 mL bottle 18.7 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.73 $ 1.14 $
Cigarette pack 15.1 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 3.01 $ 0.35 $
Monthly pass, Monthly Ticket 130 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 0.96 $ 1.02 $
Taxi, 8 km 19.5 $ 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 8.99 $ 6.97 $
Toilet paper, 4 rolls 6.31 $ 3.12 $
Toothpaste, 1 tube 2.22 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
100 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
154 $ 118 $
Internet plan,
+60 Mbps
64.7 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,816 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 3,307 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 2,687 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 4,654 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 5,430 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 3,235 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 6,473 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.56 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 34.8 $ 43.8 $
Cinema, 1 seat 17.9 $ 6.71 $
Haircut 21 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 79.7 $ 90.2 $
Brand Jeans, Levis 501 54.6 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 397 $ 437 $
International Primary School, yearly for 1 child 22,415 $ 9,531 $