Penonome, Panama is Affordable overall. Monthly costs are about $1098 for one person and $2765 for a family of four, including rent.
Compared to the European benchmark, Penonome is 23% cheaper overall.
Penonome is 57% cheaper than New York City, without rent.
Rent in Penonome is, on average, 81% lower than in New York City.
Penonome tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.
The main driver of cost in Penonome is rent and utilities, which can be significant for those on a tighter budget.
Food prices in Penonome are only 1% lower than the European benchmark, making it relatively affordable.
Public transport is quite affordable, being 43% lower than the European benchmark, which benefits residents significantly.
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| Monthly Salary, after tax | |
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Update Prices| Lunch menu, inexpensive restaurant | 13.5 $ |
| Dinner | 64.4 $ |
| Fast food, McDonalds or KFC | 8.04 $ |
| Beer, 0.5 L or 16 fl oz | 2.99 $ |
| Capuccino | 3.56 $ |
| Coke, 330ml | 1.9 $ |
Compare Penonome with:
| Milk, 1 L or 1 qt | 1.77 $ |
| Bread, 0.5 kg or 1 lb | 2.52 $ |
| Rice, 1 kg or 2 lb | 2.49 $ |
| Eggs, 12 pack | 2.64 $ |
| Cheese, 1 kg or 2 lb | 12.8 $ |
| Chicken Breast, 1 kg or 2 lb | 7.45 $ |
| Round Steak, 1 kg or 2 lb | 10.2 $ |
| Apples, 1 kg or 2 lb | 3.34 $ |
| Banana, 1 kg or 2 lb | 1.55 $ |
| Oranges, 1 kg or 2 lb | 3.06 $ |
| Tomato, 1 kg or 2 lb | 3.1 $ |
| Potato, 1 kg or 2.2 lb | 2.15 $ |
| Onion, 1 kg or 2.2 lb | 2.53 $ |
| Water, 1 L or 1 qt | 0.99 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.35 $ |
| Wine, 750 mL bottle | 9.06 $ |
| Beer, 0.5 L or 16 fl oz | 1.19 $ |
| Cigarette pack | 5.93 $ |
| One-way Ticket | 0.45 $ |
| Monthly Pass | 33.6 $ |
| Gas or Petrol, 1l or 0.26 gal | 0.98 $ |
| Taxi, 8 km | 16.6 $ |
| Doctor Visit, private clinic | 42.7 $ |
| Cold medicine, for 1 week | 14 $ |
| Hair Shampoo, 400 ml or 12 oz. | 5.08 $ |
| Toilet paper, 4 rolls | 2.66 $ |
| Toothpaste, 1 tube | 2.25 $ |
| 1 person, electricity, heating, water & garbage | 74 $ |
| Family of 4, electricity, heating, water & garbage | 114 $ |
| Internet plan, +60 Mbps | 51.3 $ |
| 1 Bedroom Apartment, outside of center, 40 sq.m | 310 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 582 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 577 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,153 $ |
| Price per Square Meter to Buy Apartment, in city center | 2,256 $ |
| Price per Square Meter to Buy House, in suburbs | 1,468 $ |
| Average Monthly Net Salary, after tax | 806 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.19% |
| Fitness Club, Monthly Fee for 1 Adult | 34 $ |
| Cinema, 1 seat | 7.07 $ |
| Haircut | 9.39 $ |
| Brand Sneakers, mid-range, Nike or similar | 88.2 $ |
| Brand Jeans, Levis 501 | 54.4 $ |
| Preschool, full day, monthly for 1 child | 435 $ |
| International Primary School, yearly for 1 child | 9,442 $ |