Cost of living in Tocumen is 60% lower than in New York City (without rent).
Rent in Tocumen is 75% cheaper than in New York City.
Cost of living including rent in Tocumen is 70% lower than in New York City.
Food in Tocumen is 47% cheaper than in New York City.
Transport in Tocumen is 90% cheaper than in New York City.
| Tocumen | New York City | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Tocumen | New York City | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
4.98 $ | 24.7 $ |
| Dinner, for 2 | 65.3 $ | 111 $ |
| Fast food, McDonalds or KFC | 8.01 $ | 12.6 $ |
| Beer, 0.5 L or 16 fl oz | 3.01 $ | 9.78 $ |
| Capuccino | 3.6 $ | 6.22 $ |
| Coke, 330ml | 1.89 $ | 3.16 $ |
Markets |
Milk, 1 L or 1 qt | 1.77 $ | 1.39 $ |
| Bread, 0.5 kg or 1 lb | 2.53 $ | 4.43 $ |
| Rice, 1 kg or 2 lb | 2.46 $ | 6.1 $ |
| Eggs, 12 pack | 2.62 $ | 5.36 $ |
| Cheese, 1 kg or 2 lb | 12.9 $ | 16.6 $ |
| Chicken Breast, 1 kg or 2 lb | 7.44 $ | 13.7 $ |
| Round Steak, 1 kg or 2 lb | 10.3 $ | 19.2 $ |
| Apples, 1 kg or 2 lb | 3.36 $ | 5.78 $ |
| Banana, 1 kg or 2 lb | 1.55 $ | 2.13 $ |
| Oranges, 1 kg or 2 lb | 3.06 $ | 5.75 $ |
| Potatoes, 1 kg or 2 lb | 2.18 $ | 3.22 $ |
| Onions, 1 kg or 2 lb | 2.51 $ | 3.62 $ |
| Water, 1 L or 1 qt | 1.01 $ | 1.57 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.46 $ | 2.88 $ |
| Wine, 750 mL bottle | 8.99 $ | 20.1 $ |
| Beer, 0.5 L or 16 fl oz | 1.18 $ | 3.49 $ |
| Cigarette pack | 5.83 $ | 17.1 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 0.39 $ | 2.88 $ |
| Monthly pass, Monthly Ticket | 28.5 $ | 138 $ |
| Gas or petrol, 1 L or 0.26 gal | 0.98 $ | 1.02 $ |
| Taxi, 8 km | 16.7 $ | 27.1 $ |
Personal Care |
||
| Doctor visit, private clinic | 46.7 $ | 156 $ |
| Cold medicine, for 1 week | 11.2 $ | 10.5 $ |
| Hair shampoo, 400 ml or 12 oz | 6.33 $ | 10 $ |
| Toilet paper, 4 rolls | 2.95 $ | 7.97 $ |
| Toothpaste, 1 tube | 2.84 $ | 2.36 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
73.1 $ | 122 $ |
| Utility bill - family, electricity, heating, water & garbage |
114 $ | 187 $ |
| Internet plan, +60 Mbps |
51.2 $ | 69.3 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 490 $ | 2,361 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 982 $ | 3,996 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 735 $ | 2,702 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,537 $ | 5,005 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,280 $ | 19,111 $ |
| Price per Square Meter to Buy House, in suburbs | 1,462 $ | 3,215 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 873 $ | 5,777 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.19 % | 6.73 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 41.3 $ | 144 $ |
| Cinema, 1 seat | 6.96 $ | 19.8 $ |
| Haircut | 12.4 $ | 25.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 87.1 $ | 111 $ |
| Brand Jeans, Levis 501 | 54.2 $ | 65.6 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 441 $ | 1,717 $ |
| International Primary School, yearly for 1 child | 9,424 $ | 20,585 $ |