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Insurer of the
Year 2017-21

prices shown in
Caracas vs Panama City
Car vs Pan

Average net salary (After tax)

Panama City
Caracas

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Pan
Car
Outside city centre
Pan
Car

Rent 3 bedroom apartment

Cost per month

In city centre
Pan
Car
Outside city centre
Pan
Car

Buy apartment

Price per m2

In city centre
Pan
Car
Outside city centre
Pan
Car

Mortgage rates

Panama City
4.5%
Caracas
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Panama City
Caracas

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Pan
Car

Mobile phone data

One-minute local prepaid call (no plan or discount)

Pan
Car

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Pan
Car

Monthly pass

Regular price

Pan
Car

Fuel prices

Per Litre

Panama City
Caracas

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Pan
Car
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Pan
Car
White bread 500g
Pan
Car
Eggs 12
Pan
Car
White rice 1kg
Pan
Car

Pack of cigarettes

(Marlboro)

Panama City
Caracas

Meat & cheese

Chicken breasts 1kg
Pan
Car
Beef round 1kg
Pan
Car
Local cheese 1kg
Pan
Car

Vegetables

Potatoes 1kg
Pan
Car
Lettuce 1 head
Pan
Car
Tomatoes 1kg
Pan
Car

Fruit

Apples 1kg
Pan
Car
Oranges 1 head
Pan
Car
Bananas 1kg
Pan
Car

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Pan $4,070.74/mth
Car $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Pan $4,070.74/mth
Car $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Panama City
4.5%
Caracas
5.5%

Restaurant Prices in Panama City are 17.14% higher than in Caracas

Drinks

Coke/Pepsi 0.33L
bottle
Pan $4,070.74/mth
Car $4,070.74/mth
Water 0.33L
bottle
Pan $4,070.74/mth
Car $4,070.74/mth
Cappuccino regular
Pan $4,070.74/mth
Car $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Pan
Car
Market 0.5L bottle
Pan
Car

Imported beer

Restaurant 0.33L bottle
Pan
Car
Market 0.33L bottle
Pan
Car

Bottle of wine

Mid-range, from supermarket

Panama City
5
Caracas

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Pan
Car

Summer dress

From a chain store (e.g. Zara, H&M)

Pan
Car

Shoes

1 pair Nike shoes
Pan
Car
1 pair men's leather shoes
Pan
Car

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Panama City
$15.33
Caracas
$11.43

Tennis court rental

One hour on weekend

Pan $4,070.74/mth
Car $4,070.74/mth

Fitness club

Monthly fee for one adult

Pan $4,070.74/mth
Car $4,070.74/mth