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Money magazine
Insurer of the
Year 2017-21

prices shown in
Mumbai vs Panama City
Mum vs Pan

Average net salary (After tax)

Panama City
Mumbai

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Pan
Mum
Outside city centre
Pan
Mum

Rent 3 bedroom apartment

Cost per month

In city centre
Pan
Mum
Outside city centre
Pan
Mum

Buy apartment

Price per m2

In city centre
Pan
Mum
Outside city centre
Pan
Mum

Mortgage rates

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

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Panama City
Mumbai

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Pan
Mum

Mobile phone data

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

Pan
Mum

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Pan
Mum

Monthly pass

Regular price

Pan
Mum

Fuel prices

Per Litre

Panama City
Mumbai

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Pan
Mum
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Panama City
Mumbai

Meat & cheese

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

Vegetables

Potatoes 1kg
Pan
Mum
Lettuce 1 head
Pan
Mum
Tomatoes 1kg
Pan
Mum

Fruit

Apples 1kg
Pan
Mum
Oranges 1 head
Pan
Mum
Bananas 1kg
Pan
Mum

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Panama City
4.5%
Mumbai
5.5%

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

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Pan
Mum
Market 0.5L bottle
Pan
Mum

Imported beer

Restaurant 0.33L bottle
Pan
Mum
Market 0.33L bottle
Pan
Mum

Bottle of wine

Mid-range, from supermarket

Panama City
5
Mumbai

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Pan
Mum

Summer dress

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

Pan
Mum

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Panama City
$15.33
Mumbai
$11.43

Tennis court rental

One hour on weekend

Pan $4,070.74/mth
Mum $4,070.74/mth

Fitness club

Monthly fee for one adult

Pan $4,070.74/mth
Mum $4,070.74/mth