Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, and 2020

Money magazine
Insurer of the
Year 2017-20

prices shown in
Panama City vs Algiers
Pan vs Alg

Average net salary (After tax)

Algiers
Panama City

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Alg
Pan
Outside city centre
Alg
Pan

Rent 3 bedroom apartment

Cost per month

In city centre
Alg
Pan
Outside city centre
Alg
Pan

Buy apartment

Price per m2

In city centre
Alg
Pan
Outside city centre
Alg
Pan

Mortgage rates

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

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Algiers
Panama City

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Alg
Pan

Mobile phone data

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

Alg
Pan

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Alg
Pan

Monthly pass

Regular price

Alg
Pan

Fuel prices

Per Litre

Algiers
Panama City

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Alg
Pan
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Algiers
Panama City

Meat & cheese

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

Vegetables

Potatoes 1kg
Alg
Pan
Lettuce 1 head
Alg
Pan
Tomatoes 1kg
Alg
Pan

Fruit

Apples 1kg
Alg
Pan
Oranges 1 head
Alg
Pan
Bananas 1kg
Alg
Pan

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Algiers
4.5%
Panama City
5.5%

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

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Alg
Pan
Market 0.5L bottle
Alg
Pan

Imported beer

Restaurant 0.33L bottle
Alg
Pan
Market 0.33L bottle
Alg
Pan

Bottle of wine

Mid-range, from supermarket

Algiers
5
Panama City

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Alg
Pan

Summer dress

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

Alg
Pan

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Algiers
$15.33
Panama City
$11.43

Tennis court rental

One hour on weekend

Alg $4,070.74/mth
Pan $4,070.74/mth

Fitness club

Monthly fee for one adult

Alg $4,070.74/mth
Pan $4,070.74/mth