Cost of Living in Pearl vs Panama City

Cost of living in Pearl is 53% higher than in Panama City (without rent).

Rent in Pearl is 113% more expensive than in Panama City.

Cost of living including rent in Pearl is 86% higher than in Panama City.

Food in Pearl is 60% more expensive than in Panama City.

Transport in Pearl is 11% cheaper than in Panama City.

Pearl vs. Panama City Comparision

Pearl Panama City
Cost of Living, including rent
2,571 $
1,384 $
Without Rent
969 $
633 $
Rent & Utilities
1,602 $
751 $
Food
711 $
444 $
Transport
75 $
84 $
Monthly Salary, after tax
4,133 $
914 $
Quality of Life
69
66
Population
45.3K
881.0K

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Pearl Panama City

Restaurants

Lunch menu,
inexpensive restaurant
18 $ 12.3 $
Dinner, for 2 59.7 $ 55.2 $
Fast food, McDonalds or KFC 11.1 $ 7.6 $
Beer, 0.5 L or 16 fl oz 4 $ 2.94 $
Capuccino 6.05 $ 4.25 $
Coke, 330ml 1 $ 1.9 $

Markets

Milk, 1 L or 1 qt 2 $ 1.78 $
Bread, 0.5 kg or 1 lb 6.63 $ 2.12 $
Rice, 1 kg or 2 lb 6.26 $ 2.08 $
Eggs, 12 pack 6.52 $ 2.67 $
Cheese, 1 kg or 2 lb 23 $ 13.2 $
Chicken Breast, 1 kg or 2 lb 13.3 $ 7.23 $
Round Steak, 1 kg or 2 lb 18.4 $ 10.4 $
Apples, 1 kg or 2 lb 6.19 $ 3.11 $
Banana, 1 kg or 2 lb 3.75 $ 1.54 $
Oranges, 1 kg or 2 lb 5.72 $ 3.09 $
Potatoes, 1 kg or 2 lb 4.36 $ 2.19 $
Onions, 1 kg or 2 lb 2.81 $ 2.5 $
Water, 1 L or 1 qt 1.91 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 4 $ 2.51 $
Wine, 750 mL bottle 16.1 $ 9.03 $
Beer, 0.5 L or 16 fl oz 1.98 $ 1.14 $
Cigarette pack 12 $ 5.89 $

Transport

Local transport ticket, One-way Ticket 2.89 $ 0.35 $
Monthly pass, Monthly Ticket 76.3 $ 26.2 $
Gas or petrol, 1 L or 0.26 gal 1.26 $ 1.02 $
Taxi, 8 km 24.3 $ 13.9 $

Personal Care

Doctor visit, private clinic 144 $ 49.1 $
Cold medicine, for 1 week 11.9 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 6.66 $ 6.97 $
Toilet paper, 4 rolls 5.46 $ 3.12 $
Toothpaste, 1 tube 2.42 $ 3.06 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
192 $ 76.7 $
Utility bill - family,
electricity, heating, water & garbage
300 $ 118 $
Internet plan,
+60 Mbps
68.9 $ 47.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,310 $ 577 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,574 $ 1,198 $
1 Bedroom Apartment, in city center, 40 sq.m 1,467 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 2,862 $ 1,757 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 7,807 $ 2,406 $
Price per Square Meter to Buy House, in suburbs 7,161 $ 1,535 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,133 $ 914 $
Mortgage Interest Rate, for 20 years fixed-rate 6.67 % 6.12 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 44 $ 43.8 $
Cinema, 1 seat 14.9 $ 6.71 $
Haircut 24.6 $ 13.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 105 $ 90.2 $
Brand Jeans, Levis 501 56.2 $ 54.3 $

Childcare

Preschool, full day, monthly for 1 child 1,381 $ 437 $
International Primary School, yearly for 1 child 31,393 $ 9,531 $