Cost of Living Comparison Between Honduras and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 26.3% higher than in Honduras (excluding rent) | |
| Cost of Living Including Rent in Panama is 42.1% higher than in Honduras | |
| Rent Prices in Panama are 103.3% higher than in Honduras | |
| Restaurant Prices in Panama are 34.1% higher than in Honduras | |
| Groceries Prices in Panama are 23.5% higher than in Honduras | |
| Local Purchasing Power in Panama is 4.7% higher than in Honduras | |
Restaurants | Honduras Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
193.16 L (7.50 $) |
257.55 L (10.00 $) |
+33.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
800.00 L (31.06 $) |
1,287.75 L (50.00 $) |
+61.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
200.00 L (7.77 $) |
192.90 L (7.49 $) |
-3.5 % |
| Domestic Beer (1 pint draught) |
50.00 L (1.94 $) |
51.51 L (2.00 $) |
+3.0 % |
| Imported Beer (12 oz small bottle) |
80.00 L (3.11 $) |
90.14 L (3.50 $) |
+12.7 % |
| Cappuccino (regular) |
60.41 L (2.35 $) |
89.44 L (3.47 $) |
+48.1 % |
| Coke/Pepsi (12 oz small bottle) |
28.18 L (1.09 $) |
38.07 L (1.48 $) |
+35.1 % |
| Water (12 oz small bottle) |
22.97 L (0.89 $) |
31.50 L (1.22 $) |
+37.1 % |
Markets | Honduras Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
144.75 L (5.62 $) |
176.49 L (6.85 $) |
+21.9 % |
| Loaf of Fresh White Bread (1 lb) |
46.66 L (1.81 $) |
57.00 L (2.21 $) |
+22.2 % |
| Rice (white), (1 lb) |
17.54 L (0.68 $) |
26.88 L (1.04 $) |
+53.2 % |
| Eggs (regular) (12) |
52.52 L (2.04 $) |
68.72 L (2.67 $) |
+30.9 % |
| Local Cheese (1 lb) |
84.44 L (3.28 $) |
136.73 L (5.31 $) |
+61.9 % |
| Chicken Fillets (1 lb) |
63.79 L (2.48 $) |
84.80 L (3.29 $) |
+32.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
127.48 L (4.95 $) |
105.02 L (4.08 $) |
-17.6 % |
| Apples (1 lb) |
39.36 L (1.53 $) |
47.18 L (1.83 $) |
+19.9 % |
| Banana (1 lb) |
16.74 L (0.65 $) |
15.46 L (0.60 $) |
-7.7 % |
| Oranges (1 lb) |
34.42 L (1.34 $) |
32.83 L (1.27 $) |
-4.6 % |
| Tomato (1 lb) |
19.19 L (0.75 $) |
34.26 L (1.33 $) |
+78.5 % |
| Potato (1 lb) |
20.39 L (0.79 $) |
24.54 L (0.95 $) |
+20.4 % |
| Onion (1 lb) |
25.53 L (0.99 $) |
26.96 L (1.05 $) |
+5.6 % |
| Lettuce (1 head) |
21.95 L (0.85 $) |
53.45 L (2.08 $) |
+143.5 % |
| Water (1.5 liter bottle) |
34.29 L (1.33 $) |
40.11 L (1.56 $) |
+17.0 % |
| Bottle of Wine (Mid-Range) |
257.55 L (10.00 $) |
257.55 L (10.00 $) |
0.0 % |
| Domestic Beer (0.5 liter bottle) |
30.34 L (1.18 $) |
30.95 L (1.20 $) |
+2.0 % |
| Imported Beer (12 oz small bottle) |
42.99 L (1.67 $) |
55.29 L (2.15 $) |
+28.6 % |
| Cigarettes 20 Pack (Marlboro) |
70.00 L (2.72 $) |
152.60 L (5.92 $) |
+118.0 % |
Transportation | Honduras Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
15.86 L (0.62 $) |
14.17 L (0.55 $) |
-10.7 % |
| Monthly Pass (Regular Price) |
960.00 L (37.27 $) |
643.88 L (25.00 $) |
-32.9 % |
| Taxi Start (Normal Tariff) |
90.00 L (3.49 $) |
57.95 L (2.25 $) |
-35.6 % |
| Taxi 1 mile (Normal Tariff) |
58.16 L (2.26 $) |
82.90 L (3.22 $) |
+42.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
180.28 L (7.00 $) |
540.85 L (21.00 $) |
+200.0 % |
| Gasoline (1 gallon) |
102.94 L (4.00 $) |
90.46 L (3.51 $) |
-12.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
500,000.00 L (19,413.71 $) |
515,100.00 L (20,000.00 $) |
+3.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
510,981.81 L (19,840.10 $) |
552,820.35 L (21,464.58 $) |
+8.2 % |
Utilities (Monthly) | Honduras Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
3,283.00 L (127.47 $) |
2,807.37 L (109.00 $) |
-14.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
251.00 L (9.75 $) |
758.90 L (29.47 $) |
+202.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
1,357.04 L (52.69 $) |
1,256.81 L (48.80 $) |
-7.4 % |
Sports And Leisure | Honduras Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,037.43 L (40.28 $) |
1,349.68 L (52.40 $) |
+30.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
443.33 L (17.21 $) |
965.81 L (37.50 $) |
+117.9 % |
| Cinema, International Release, 1 Seat |
150.00 L (5.82 $) |
180.28 L (7.00 $) |
+20.2 % |
Childcare | Honduras Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
5,635.71 L (218.82 $) |
11,503.90 L (446.67 $) |
+104.1 % |
| International Primary School, Yearly for 1 Child |
88,264.50 L (3,427.08 $) |
268,495.88 L (10,425.00 $) |
+204.2 % |
Clothing And Shoes | Honduras Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,068.52 L (41.49 $) |
1,243.11 L (48.27 $) |
+16.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
904.71 L (35.13 $) |
1,059.92 L (41.15 $) |
+17.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,026.28 L (78.68 $) |
2,154.84 L (83.67 $) |
+6.3 % |
| 1 Pair of Men Leather Business Shoes |
2,111.96 L (82.00 $) |
2,844.76 L (110.45 $) |
+34.7 % |
Rent Per Month | Honduras Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
12,002.96 L (466.04 $) |
23,706.31 L (920.45 $) |
+97.5 % |
| Apartment (1 bedroom) Outside of Centre |
9,518.91 L (369.59 $) |
17,992.98 L (698.62 $) |
+89.0 % |
| Apartment (3 bedrooms) in City Centre |
21,567.62 L (837.41 $) |
46,501.51 L (1,805.53 $) |
+115.6 % |
| Apartment (3 bedrooms) Outside of Centre |
17,432.07 L (676.84 $) |
34,818.78 L (1,351.92 $) |
+99.7 % |
Buy Apartment Price | Honduras Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,721.20 L (66.83 $) |
5,174.10 L (200.90 $) |
+200.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,837.11 L (71.33 $) |
3,697.47 L (143.56 $) |
+101.3 % |
Salaries And Financing | Honduras Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
14,300.99 L (555.27 $) |
21,280.90 L (826.28 $) |
+48.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 12.20 | 6.30 | -48.4 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 33 | 90 |
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