Cost of Living in North Olmsted vs Tocumen

Cost of living in North Olmsted is 37% higher than in Tocumen (without rent).

Rent in North Olmsted is 79% more expensive than in Tocumen.

Cost of living including rent in North Olmsted is 60% higher than in Tocumen.

Food in North Olmsted is 38% more expensive than in Tocumen.

Transport in North Olmsted is 48% more expensive than in Tocumen.

North Olmsted vs. Tocumen Comparision

North Olmsted Tocumen
Cost of Living, including rent
1,970 $
1,231 $
Without Rent
780 $
568 $
Rent & Utilities
1,190 $
663 $
Food
588 $
427 $
Transport
60 $
41 $
Monthly Salary, after tax
3,600 $
873 $
Quality of Life
68
48
Population
32.4K
103.0K

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North Olmsted Tocumen

Restaurants

Lunch menu,
inexpensive restaurant
15.4 $ 4.98 $
Dinner, for 2 69.8 $ 65.3 $
Fast food, McDonalds or KFC 10.3 $ 8.01 $
Beer, 0.5 L or 16 fl oz 5.33 $ 3.01 $
Capuccino 4.91 $ 3.6 $
Coke, 330ml 2.55 $ 1.89 $

Markets

Milk, 1 L or 1 qt 0.93 $ 1.77 $
Bread, 0.5 kg or 1 lb 3.47 $ 2.53 $
Rice, 1 kg or 2 lb 4.84 $ 2.46 $
Eggs, 12 pack 3.94 $ 2.62 $
Cheese, 1 kg or 2 lb 12 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 12 $ 7.44 $
Round Steak, 1 kg or 2 lb 15.5 $ 10.3 $
Apples, 1 kg or 2 lb 4.87 $ 3.36 $
Banana, 1 kg or 2 lb 1.46 $ 1.55 $
Oranges, 1 kg or 2 lb 4.53 $ 3.06 $
Potatoes, 1 kg or 2 lb 2.88 $ 2.18 $
Onions, 1 kg or 2 lb 3.06 $ 2.51 $
Water, 1 L or 1 qt 1.32 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.38 $ 2.46 $
Wine, 750 mL bottle 12.5 $ 8.99 $
Beer, 0.5 L or 16 fl oz 1.97 $ 1.18 $
Cigarette pack 11 $ 5.83 $

Transport

Local transport ticket, One-way Ticket 2.34 $ 0.39 $
Monthly pass, Monthly Ticket 77.4 $ 28.5 $
Gas or petrol, 1 L or 0.26 gal 0.94 $ 0.98 $
Taxi, 8 km 15.9 $ 16.7 $

Personal Care

Doctor visit, private clinic 88.6 $ 46.7 $
Cold medicine, for 1 week 8.12 $ 11.2 $
Hair shampoo, 400 ml or 12 oz 4.5 $ 6.33 $
Toilet paper, 4 rolls 2.95 $ 2.95 $
Toothpaste, 1 tube 1.52 $ 2.84 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
131 $ 73.1 $
Utility bill - family,
electricity, heating, water & garbage
201 $ 114 $
Internet plan,
+60 Mbps
60.2 $ 51.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 995 $ 490 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,756 $ 982 $
1 Bedroom Apartment, in city center, 40 sq.m 1,018 $ 735 $
3 Bedroom Apartment, in city center, 85 sq.m 1,878 $ 1,537 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,740 $ 2,280 $
Price per Square Meter to Buy House, in suburbs 1,475 $ 1,462 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,600 $ 873 $
Mortgage Interest Rate, for 20 years fixed-rate 6.52 % 6.19 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 28.9 $ 41.3 $
Cinema, 1 seat 13.3 $ 6.96 $
Haircut 14.7 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 83.7 $ 87.1 $
Brand Jeans, Levis 501 50.5 $ 54.2 $

Childcare

Preschool, full day, monthly for 1 child 1,224 $ 441 $
International Primary School, yearly for 1 child 21,649 $ 9,424 $