Historical Prices in Panama City

Currency:

Restaurants

Year
Meal, Inexpensive Restaurant
Meal for 2 People,
Mid-range Restaurant, Three-course
McMeal at McDonalds
(or Equivalent Combo Meal)
2023 13.02 60.23 8.69
2022 9.63 52.35 6.63
2021 8.35 47.78 7.06
2020 11.90 52.50 7.14
2019 12.00 46.18 7.04
2018 9.80 50.94 6.80
2017 9.45 46.32 6.49
2016 10.32 45.06 6.30
2015 8.99 46.97 6.19
2014 6.87 47.50 5.72
2013 6.86 52.50 5.51
2012 6.40 38.40 5.30
2011 5.31 34.27 4.37
2010 6.33 45.00 5.44
Year
Domestic Beer
(0.5 liter draught)
Imported Beer
(0.33 liter bottle)
Coke/Pepsi
(0.33 liter bottle)
Water
(0.33 liter bottle)
Cappuccino
(regular)
2023 2.92 4.06 1.89 1.44 3.79
2022 2.55 4.45 1.66 1.38 3.49
2021 2.44 3.75 1.60 1.17 3.19
2020 2.33 3.75 1.33 1.10 3.06
2019 2.98 4.00 1.32 1.09 3.15
2018 2.73 4.42 1.45 1.20 2.86
2017 1.97 3.82 1.11 1.08 2.89
2016 1.76 3.04 1.12 1.02 2.95
2015 2.04 3.50 1.17 1.24 2.86
2014 2.06 3.56 1.29 1.05 2.10
2013 2.58 3.64 1.38 1.25 2.41
2012 1.62 2.80 1.15 1.17 2.00
2011 1.44 3.56 1.12 1.10 1.83
2010 1.23 2.25 1.08 0.80 -

Markets

Year
Milk
(regular),
(1 liter)
Loaf of Fresh White Bread
(500g)
Eggs
(regular)
(12)
Water
(1.5 liter bottle)
Domestic Beer
(0.5 liter bottle)
Imported Beer
(0.33 liter bottle)
2023 1.78 2.40 2.52 1.42 1.17 2.17
2022 1.63 2.34 2.18 1.60 1.25 1.81
2021 1.54 2.02 2.12 1.50 1.17 1.66
2020 1.51 1.88 2.09 1.44 1.03 1.77
2019 1.57 2.16 2.37 1.65 0.99 2.64
2018 1.54 1.86 2.26 1.69 0.51 3.17
2017 1.40 1.60 1.94 1.43 0.97 2.33
2016 1.54 2.23 1.97 1.16 0.94 2.05
2015 1.46 2.13 2.12 1.88 0.76 1.62
2014 1.50 2.40 2.18 1.42 0.77 -
2013 1.56 1.59 2.49 1.56 0.80 1.50
2012 1.38 1.48 2.27 0.88 0.98 1.00
2011 1.05 1.26 1.90 0.93 0.68 1.45
2010 - 5.00 3.00 - 0.40 -
Year
Apples
(1kg)
Oranges
(1kg)
Potato
(1kg)
Lettuce
(1 head)
Rice
(white),
(1kg)
Tomato
(1kg)
Banana
(1kg)
Onion
(1kg)
2023 3.00 2.43 2.24 2.03 2.10 3.13 1.75 2.08
2022 2.64 - - 2.12 1.88 2.94 1.15 1.75
2021 3.52 - 1.97 2.51 2.12 3.67 1.08 1.99
2020 3.58 2.10 2.22 1.79 2.24 2.73 1.79 2.31
2019 3.74 3.14 2.14 2.39 1.48 3.18 1.71 2.54
2018 - - 1.85 2.00 2.10 3.11 1.42 1.64
2017 3.96 3.60 1.48 1.38 1.29 2.68 1.03 1.82
2016 3.88 - 2.33 1.79 1.81 4.05 1.08 2.92
2015 3.98 - - 1.86 2.07 3.51 - -
2014 3.19 - 3.00 1.40 1.86 3.15 - -
2013 3.94 1.33 1.56 1.32 3.10 3.56 - -
2012 2.38 1.00 2.00 1.00 2.77 3.00 - -
2011 2.52 1.20 1.27 0.90 - - - -
2010 - - - - - - - -
Year
Local Cheese
(1kg)
Bottle of Wine
(Mid-Range)
Cigarettes 20 Pack
(Marlboro)
Chicken Fillets
(1kg)
Beef Round
(1kg)
(or Equivalent Back Leg Red Meat)
2023 12.33 9.50 5.79 7.30 10.00
2022 7.34 8.62 5.82 - -
2021 8.44 9.44 5.67 7.53 9.40
2020 8.63 10.37 6.08 7.97 11.10
2019 11.46 9.78 5.86 7.23 11.63
2018 11.91 7.90 5.12 7.74 11.45
2017 6.68 9.06 5.08 5.97 7.73
2016 11.45 12.00 5.14 8.25 9.06
2015 9.01 10.10 4.90 9.05 8.62
2014 8.67 12.50 5.38 6.98 -
2013 7.86 10.67 4.96 7.38 -
2012 5.47 5.50 4.34 7.23 -
2011 7.27 8.25 3.58 5.70 -
2010 - - 2.38 - -

Rent Per Month

Year
Apartment
(1 bedroom)
in City Centre
Apartment
(1 bedroom)
Outside of Centre
Apartment
(3 bedrooms)
in City Centre
Apartment
(3 bedrooms)
Outside of Centre
2023 992.31 672.22 2153.57 1757.14
2022 964.17 547.50 1920.83 945.00
2021 844.44 487.50 1665.00 1006.25
2020 872.22 591.18 1593.18 1008.33
2019 894.44 606.25 1600.00 1097.06
2018 973.21 640.48 1694.64 1189.42
2017 1007.89 610.71 1967.50 1212.50
2016 1238.12 725.02 2004.38 1296.91
2015 1097.22 563.64 2194.44 1142.31
2014 1200.00 600.00 1941.67 1070.00
2013 1300.00 650.00 2437.50 1162.50
2012 1066.67 525.00 1600.00 425.00
2011 750.00 400.00 2000.00 1216.67
2010 800.00 366.67 1496.67 1100.00

Buy Apartment Price

Year
Price per Square Meter
to Buy Apartment
in City Centre
Price per Square Meter
to Buy Apartment
Outside of Centre
2023 2518.75 -
2022 2333.33 -
2021 - -
2020 2308.45 1541.01
2019 2450.00 1750.00
2018 2169.23 1566.67
2017 2319.64 1480.00
2016 2209.38 1583.89
2015 1975.00 1512.50
2014 1920.00 1816.67
2013 - 1650.00
2012 1866.67 825.00
2011 1700.00 875.00
2010 1000.00 800.00

Salaries And Financing

Year
Average Monthly Net Salary
(After Tax)
2023 909.38
2022 839.09
2021 775.00
2020 814.25
2019 832.82
2018 799.49
2017 731.31
2016 798.92
2015 726.24
2014 780.00
2013 883.33
2012 1195.75
2011 800.00
2010 1050.00

Transportation

Year
One-way Ticket
(Local Transport)
Gasoline
(1 liter)
2023 0.34 0.97
2022 0.32 1.10
2021 0.28 0.89
2020 0.32 0.73
2019 0.28 0.78
2018 0.27 0.84
2017 0.29 0.76
2016 0.29 0.79
2015 0.28 0.81
2014 0.25 0.99
2013 0.77 1.13
2012 - 1.10
2011 0.90 1.02
2010 0.25 -
Year
Monthly Pass
(Regular Price)
2023 -
2022 -
2021 -
2020 -
2019 -
2018 24.60
2017 31.00
2016 -
2015 -
2014 -
2013 -
2012 15.00
2011 50.00
2010 12.00

Salaries And Financing

Year
Mortgage Interest Rate in Percentages
(%), Yearly, for 20 Years Fixed-Rate
2023 -
2022 5.74
2021 -
2020 5.47
2019 5.32
2018 5.31
2017 5.01
2016 5.84
2015 5.36
2014 5.17
2013 5.92
2012 6.00
2011 5.79
2010 7.75

Utilities (Monthly)

Year
Basic
(Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Internet
(60 Mbps or More, Unlimited Data, Cable/ADSL)
Mobile Phone Monthly Plan with Calls and 10GB+ Data
2023 123.57 54.73 29.82
2022 108.99 48.56 -
2021 93.58 43.33 -
2020 103.46 46.43 -
2019 100.42 48.01 -
2018 102.43 57.72 -
2017 86.77 48.56 -
2016 100.29 40.86 -
2015 89.39 44.63 -
2014 77.37 35.99 -
2013 161.21 51.75 -
2012 51.88 40.00 -
2011 166.67 34.99 -
2010 200.00 - -

Sports And Leisure

Year
Fitness Club, Monthly Fee for 1 Adult
Tennis Court Rent
(1 Hour on Weekend)
Cinema, International Release, 1 Seat
2023 65.83 - 8.41
2022 38.89 - 6.17
2021 33.00 - 5.64
2020 50.58 - 6.64
2019 47.27 24.17 6.51
2018 54.64 25.00 6.62
2017 55.79 27.50 6.75
2016 68.20 21.25 6.23
2015 72.68 13.50 6.17
2014 77.50 14.00 5.94
2013 60.00 - 5.50
2012 20.00 3.00 4.50
2011 50.00 5.00 4.25
2010 35.00 - 4.00

Clothing And Shoes

Year
1 Pair of Jeans
(Levis 501 Or Similar)
1 Summer Dress in a Chain Store
(Zara, H&M, ...)
1 Pair of Nike Running Shoes
(Mid-Range)
1 Pair of Men Leather Business Shoes
2023 53.60 - 93.43 101.25
2022 55.56 45.00 77.67 88.33
2021 41.00 - 63.33 91.67
2020 56.88 43.75 75.88 93.21
2019 46.00 36.88 63.68 89.38
2018 58.58 38.06 72.81 81.10
2017 49.91 43.33 75.28 88.78
2016 50.42 36.92 88.42 91.00
2015 53.57 36.50 80.31 76.15
2014 55.83 41.25 85.62 70.00
2013 46.66 - - -
2012 - 19.00 60.00 70.00
2011 58.33 43.33 70.00 68.33
2010 - - - -
Cost of Living Tools for Panama City: Basket Analysis | Cost of living Estimator | Historical Data | Price Rankings
About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy