Cost of Living Comparison Between Dominican Republic and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 30.6% higher than in Dominican Republic (without rent) | |
| Cost of Living Including Rent in Panama is 50.7% higher than in Dominican Republic | |
| Rent Prices in Panama are 139.6% higher than in Dominican Republic | |
| Restaurant Prices in Panama are 25.3% higher than in Dominican Republic | |
| Groceries Prices in Panama are 39.9% higher than in Dominican Republic | |
| Local Purchasing Power in Panama is 39.0% higher than in Dominican Republic | |
Restaurants | Dominican Republic Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
400.00 RD$ (6.38 $) |
627.33 RD$ (10.00 $) |
+56.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
3,000.00 RD$ (47.82 $) |
3,136.64 RD$ (50.00 $) |
+4.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
400.00 RD$ (6.38 $) |
454.50 RD$ (7.25 $) |
+13.6 % |
| Domestic Beer (1 pint draught) |
150.00 RD$ (2.39 $) |
125.47 RD$ (2.00 $) |
-16.4 % |
| Imported Beer (12 oz small bottle) |
250.00 RD$ (3.99 $) |
219.57 RD$ (3.50 $) |
-12.2 % |
| Cappuccino (regular) |
128.90 RD$ (2.05 $) |
217.86 RD$ (3.47 $) |
+69.0 % |
| Coke/Pepsi (12 oz small bottle) |
63.58 RD$ (1.01 $) |
91.37 RD$ (1.46 $) |
+43.7 % |
| Water (12 oz small bottle) |
48.15 RD$ (0.77 $) |
77.62 RD$ (1.24 $) |
+61.2 % |
Markets | Dominican Republic Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
278.44 RD$ (4.44 $) |
429.28 RD$ (6.84 $) |
+54.2 % |
| Loaf of Fresh White Bread (1 lb) |
91.44 RD$ (1.46 $) |
138.89 RD$ (2.21 $) |
+51.9 % |
| Rice (white), (1 lb) |
33.83 RD$ (0.54 $) |
67.97 RD$ (1.08 $) |
+100.9 % |
| Eggs (regular) (12) |
103.03 RD$ (1.64 $) |
167.69 RD$ (2.67 $) |
+62.8 % |
| Local Cheese (1 lb) |
200.63 RD$ (3.20 $) |
333.04 RD$ (5.31 $) |
+66.0 % |
| Chicken Fillets (1 lb) |
143.36 RD$ (2.29 $) |
206.55 RD$ (3.29 $) |
+44.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
242.55 RD$ (3.87 $) |
258.20 RD$ (4.12 $) |
+6.5 % |
| Apples (1 lb) |
80.04 RD$ (1.28 $) |
110.46 RD$ (1.76 $) |
+38.0 % |
| Banana (1 lb) |
23.92 RD$ (0.38 $) |
38.61 RD$ (0.62 $) |
+61.4 % |
| Oranges (1 lb) |
64.73 RD$ (1.03 $) |
78.04 RD$ (1.24 $) |
+20.6 % |
| Tomato (1 lb) |
42.05 RD$ (0.67 $) |
83.57 RD$ (1.33 $) |
+98.8 % |
| Potato (1 lb) |
40.33 RD$ (0.64 $) |
59.62 RD$ (0.95 $) |
+47.8 % |
| Onion (1 lb) |
57.59 RD$ (0.92 $) |
68.50 RD$ (1.09 $) |
+19.0 % |
| Lettuce (1 head) |
52.65 RD$ (0.84 $) |
131.06 RD$ (2.09 $) |
+148.9 % |
| Water (1.5 liter bottle) |
46.15 RD$ (0.74 $) |
100.52 RD$ (1.60 $) |
+117.8 % |
| Bottle of Wine (Mid-Range) |
600.00 RD$ (9.56 $) |
627.33 RD$ (10.00 $) |
+4.6 % |
| Domestic Beer (0.5 liter bottle) |
149.24 RD$ (2.38 $) |
75.39 RD$ (1.20 $) |
-49.5 % |
| Imported Beer (12 oz small bottle) |
193.90 RD$ (3.09 $) |
140.46 RD$ (2.24 $) |
-27.6 % |
| Cigarettes 20 Pack (Marlboro) |
300.00 RD$ (4.78 $) |
366.99 RD$ (5.85 $) |
+22.3 % |
Transportation | Dominican Republic Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
40.00 RD$ (0.64 $) |
37.64 RD$ (0.60 $) |
-5.9 % |
| Monthly Pass (Regular Price) |
2,154.74 RD$ (34.35 $) |
1,568.32 RD$ (25.00 $) |
-27.2 % |
| Taxi Start (Normal Tariff) |
200.00 RD$ (3.19 $) |
141.15 RD$ (2.25 $) |
-29.4 % |
| Taxi 1 mile (Normal Tariff) |
241.40 RD$ (3.85 $) |
201.92 RD$ (3.22 $) |
-16.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
325.00 RD$ (5.18 $) |
1,317.39 RD$ (21.00 $) |
+305.4 % |
| Gasoline (1 gallon) |
288.91 RD$ (4.61 $) |
220.35 RD$ (3.51 $) |
-23.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,560,000.00 RD$ (24,867.34 $) |
1,254,657.80 RD$ (20,000.00 $) |
-19.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,882,111.11 RD$ (30,001.98 $) |
1,346,535.37 RD$ (21,464.58 $) |
-28.5 % |
Utilities (Monthly) | Dominican Republic Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
3,637.57 RD$ (57.99 $) |
6,623.92 RD$ (105.59 $) |
+82.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
1,207.00 RD$ (19.24 $) |
1,841.31 RD$ (29.35 $) |
+52.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
2,475.79 RD$ (39.47 $) |
3,049.33 RD$ (48.61 $) |
+23.2 % |
Sports And Leisure | Dominican Republic Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,499.35 RD$ (23.90 $) |
3,351.39 RD$ (53.42 $) |
+123.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
790.56 RD$ (12.60 $) |
2,352.48 RD$ (37.50 $) |
+197.6 % |
| Cinema, International Release, 1 Seat |
350.00 RD$ (5.58 $) |
439.13 RD$ (7.00 $) |
+25.5 % |
Childcare | Dominican Republic Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
13,380.00 RD$ (213.29 $) |
28,020.69 RD$ (446.67 $) |
+109.4 % |
| International Primary School, Yearly for 1 Child |
351,778.70 RD$ (5,607.56 $) |
653,990.38 RD$ (10,425.00 $) |
+85.9 % |
Clothing And Shoes | Dominican Republic Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
2,533.29 RD$ (40.38 $) |
3,027.91 RD$ (48.27 $) |
+19.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
3,045.19 RD$ (48.54 $) |
2,581.70 RD$ (41.15 $) |
-15.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
4,830.60 RD$ (77.00 $) |
5,248.65 RD$ (83.67 $) |
+8.7 % |
| 1 Pair of Men Leather Business Shoes |
5,445.77 RD$ (86.81 $) |
6,929.13 RD$ (110.45 $) |
+27.2 % |
Rent Per Month | Dominican Republic Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
27,297.03 RD$ (435.13 $) |
57,362.57 RD$ (914.39 $) |
+110.1 % |
| Apartment (1 bedroom) Outside of Centre |
14,715.72 RD$ (234.58 $) |
43,934.66 RD$ (700.34 $) |
+198.6 % |
| Apartment (3 bedrooms) in City Centre |
53,639.21 RD$ (855.04 $) |
110,338.79 RD$ (1,758.87 $) |
+105.7 % |
| Apartment (3 bedrooms) Outside of Centre |
28,386.32 RD$ (452.49 $) |
85,533.88 RD$ (1,363.46 $) |
+201.3 % |
Buy Apartment Price | Dominican Republic Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
8,706.26 RD$ (138.78 $) |
12,940.62 RD$ (206.28 $) |
+48.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
6,297.41 RD$ (100.38 $) |
9,006.13 RD$ (143.56 $) |
+43.0 % |
Salaries And Financing | Dominican Republic Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
24,792.44 RD$ (395.21 $) |
51,938.13 RD$ (827.92 $) |
+109.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 12.80 | 6.30 | -50.8 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 63 | 89 |
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