Cost of Living Comparison Between Panama and Costa Rica Reverse

For major cities in those countries you get more relevant data by specifying cities.
City in Panama:
City in Costa Rica:
Indices DifferenceInfo
Cost of Living in Costa Rica is 15.7% higher than in Panama (without rent)
Cost of Living Including Rent in Costa Rica is 7.3% higher than in Panama
Rent Prices in Costa Rica are 14.2% lower than in Panama
Restaurant Prices in Costa Rica are 10.0% higher than in Panama
Groceries Prices in Costa Rica are 18.3% higher than in Panama
Local Purchasing Power in Costa Rica is 12.0% higher than in Panama
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Panama Edit Costa Rica Edit Difference
Meal, Inexpensive Restaurant 10.00 $
(5,082.51 ₡)
9.84 $
(5,000.00 ₡)
     -1.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 55.00 $
(27,953.83 ₡)
59.03 $
(30,000.00 ₡)
     +7.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 $
(4,066.01 ₡)
9.84 $
(5,000.00 ₡)
     +23.0 %
Domestic Beer (1 pint draught) 2.00 $
(1,016.50 ₡)
2.95 $
(1,500.00 ₡)
     +47.6 %
Imported Beer (12 oz small bottle) 3.86 $
(1,962.66 ₡)
4.92 $
(2,500.00 ₡)
     +27.4 %
Cappuccino (regular) 3.47 $
(1,765.86 ₡)
3.76 $
(1,909.60 ₡)
     +8.1 %
Coke/Pepsi (12 oz small bottle) 1.63 $
(829.34 ₡)
2.15 $
(1,093.78 ₡)
     +31.9 %
Water (12 oz small bottle) 1.29 $
(656.05 ₡)
1.64 $
(832.95 ₡)
     +27.0 %
Markets
Panama Edit Costa Rica Edit
Milk (regular), (1 gallon) 6.72 $
(3,415.17 ₡)
7.49 $
(3,804.67 ₡)
     +11.4 %
Loaf of Fresh White Bread (1 lb) 2.14 $
(1,089.88 ₡)
2.77 $
(1,409.54 ₡)
     +29.3 %
Rice (white), (1 lb) 1.04 $
(526.63 ₡)
1.07 $
(543.68 ₡)
     +3.2 %
Eggs (regular) (12) 2.57 $
(1,305.64 ₡)
3.39 $
(1,724.80 ₡)
     +32.1 %
Local Cheese (1 lb) 5.39 $
(2,739.92 ₡)
3.86 $
(1,962.43 ₡)
     -28.4 %
Chicken Fillets (1 lb) 3.22 $
(1,635.35 ₡)
4.37 $
(2,219.08 ₡)
     +35.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.87 $
(1,968.93 ₡)
6.01 $
(3,056.06 ₡)
     +55.2 %
Apples (1 lb) 1.64 $
(831.00 ₡)
2.09 $
(1,061.64 ₡)
     +27.8 %
Banana (1 lb) 0.63 $
(317.90 ₡)
0.71 $
(359.76 ₡)
     +13.2 %
Oranges (1 lb) 1.20 $
(612.02 ₡)
1.41 $
(714.66 ₡)
     +16.8 %
Tomato (1 lb) 1.34 $
(680.79 ₡)
1.28 $
(651.83 ₡)
     -4.3 %
Potato (1 lb) 0.94 $
(479.57 ₡)
1.22 $
(617.83 ₡)
     +28.8 %
Onion (1 lb) 1.04 $
(527.19 ₡)
1.25 $
(633.91 ₡)
     +20.2 %
Lettuce (1 head) 2.07 $
(1,050.32 ₡)
0.99 $
(504.51 ₡)
     -52.0 %
Water (1.5 liter bottle) 1.53 $
(778.55 ₡)
2.35 $
(1,196.37 ₡)
     +53.7 %
Bottle of Wine (Mid-Range) 9.00 $
(4,574.26 ₡)
15.74 $
(8,000.00 ₡)
     +74.9 %
Domestic Beer (0.5 liter bottle) 1.17 $
(596.83 ₡)
2.34 $
(1,189.79 ₡)
     +99.4 %
Imported Beer (12 oz small bottle) 2.03 $
(1,031.75 ₡)
2.78 $
(1,414.94 ₡)
     +37.1 %
Cigarettes 20 Pack (Marlboro) 5.50 $
(2,795.38 ₡)
4.92 $
(2,500.00 ₡)
     -10.6 %
Transportation
Panama Edit Costa Rica Edit
One-way Ticket (Local Transport) 0.50 $
(254.13 ₡)
0.98 $
(500.00 ₡)
     +96.8 %
Monthly Pass (Regular Price) 25.00 $
(12,706.29 ₡)
40.92 $
(20,800.00 ₡)
     +63.7 %
Taxi Start (Normal Tariff) 2.00 $
(1,016.50 ₡)
1.79 $
(910.00 ₡)
     -10.5 %
Taxi 1 mile (Normal Tariff) 3.22 $
(1,635.90 ₡)
3.09 $
(1,569.11 ₡)
     -4.1 %
Taxi 1hour Waiting (Normal Tariff) 22.00 $
(11,181.53 ₡)
7.18 $
(3,647.50 ₡)
     -67.4 %
Gasoline (1 gallon) 3.67 $
(1,864.92 ₡)
5.66 $
(2,875.95 ₡)
     +54.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 $
(10,165,029.70 ₡)
35,907.42 $
(18,250,000.00 ₡)
     +79.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,894.44 $
(10,619,632.42 ₡)
34,508.50 $
(17,538,994.14 ₡)
     +65.2 %
Utilities (Monthly)
Panama Edit Costa Rica Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 101.95 $
(51,818.14 ₡)
81.60 $
(41,475.77 ₡)
     -20.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.68 $
(15,083.95 ₡)
25.09 $
(12,753.90 ₡)
     -15.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 48.34 $
(24,569.81 ₡)
52.93 $
(26,900.38 ₡)
     +9.5 %
Sports And Leisure
Panama Edit Costa Rica Edit
Fitness Club, Monthly Fee for 1 Adult 52.23 $
(26,545.95 ₡)
58.58 $
(29,775.82 ₡)
     +12.2 %
Tennis Court Rent (1 Hour on Weekend) 33.33 $
(16,941.72 ₡)
31.59 $
(16,053.85 ₡)
     -5.2 %
Cinema, International Release, 1 Seat 7.00 $
(3,557.76 ₡)
7.87 $
(4,000.00 ₡)
     +12.4 %
Childcare
Panama Edit Costa Rica Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 398.12 $
(202,347.62 ₡)
553.76 $
(281,450.13 ₡)
     +39.1 %
International Primary School, Yearly for 1 Child 8,795.11 $
(4,470,128.28 ₡)
9,510.26 $
(4,833,602.58 ₡)
     +8.1 %
Clothing And Shoes
Panama Edit Costa Rica Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.59 $
(25,203.29 ₡)
74.95 $
(38,092.79 ₡)
     +51.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 37.86 $
(19,240.95 ₡)
54.02 $
(27,453.71 ₡)
     +42.7 %
1 Pair of Nike Running Shoes (Mid-Range) 80.82 $
(41,078.68 ₡)
119.63 $
(60,803.69 ₡)
     +48.0 %
1 Pair of Men Leather Business Shoes 100.38 $
(51,020.63 ₡)
107.50 $
(54,639.02 ₡)
     +7.1 %
Rent Per Month
Panama Edit Costa Rica Edit
Apartment (1 bedroom) in City Centre 837.86 $
(425,842.14 ₡)
770.34 $
(391,528.89 ₡)
     -8.1 %
Apartment (1 bedroom) Outside of Centre 620.62 $
(315,433.58 ₡)
532.70 $
(270,744.77 ₡)
     -14.2 %
Apartment (3 bedrooms) in City Centre 1,782.82 $
(906,122.71 ₡)
1,466.54 $
(745,369.98 ₡)
     -17.7 %
Apartment (3 bedrooms) Outside of Centre 1,182.14 $
(600,825.86 ₡)
1,026.10 $
(521,515.65 ₡)
     -13.2 %
Buy Apartment Price
Panama Edit Costa Rica Edit
Price per Square Feet to Buy Apartment in City Centre 204.56 $
(103,968.07 ₡)
218.60 $
(111,103.48 ₡)
     +6.9 %
Price per Square Feet to Buy Apartment Outside of Centre 143.56 $
(72,966.14 ₡)
128.91 $
(65,517.75 ₡)
     -10.2 %
Salaries And Financing
Panama Edit Costa Rica Edit
Average Monthly Net Salary (After Tax) 807.86 $
(410,594.59 ₡)
971.09 $
(493,559.45 ₡)
     +20.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.19 10.31      +66.5 %
Last update: November 2024November 2024
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