Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, 2020, and 2021

Money magazine
Insurer of the
Year 2017-21

prices shown in
Panama City vs Chenmai
Pan vs Che

Average net salary (After tax)

Chenmai
Panama City

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Che
Pan
Outside city centre
Che
Pan

Rent 3 bedroom apartment

Cost per month

In city centre
Che
Pan
Outside city centre
Che
Pan

Buy apartment

Price per m2

In city centre
Che
Pan
Outside city centre
Che
Pan

Mortgage rates

Chenmai
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

Chenmai
Panama City

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Che
Pan

Mobile phone data

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

Che
Pan

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Che
Pan

Monthly pass

Regular price

Che
Pan

Fuel prices

Per Litre

Chenmai
Panama City

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Che
Pan
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Chenmai
Panama City

Meat & cheese

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

Vegetables

Potatoes 1kg
Che
Pan
Lettuce 1 head
Che
Pan
Tomatoes 1kg
Che
Pan

Fruit

Apples 1kg
Che
Pan
Oranges 1 head
Che
Pan
Bananas 1kg
Che
Pan

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Chenmai
4.5%
Panama City
5.5%

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

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Che
Pan
Market 0.5L bottle
Che
Pan

Imported beer

Restaurant 0.33L bottle
Che
Pan
Market 0.33L bottle
Che
Pan

Bottle of wine

Mid-range, from supermarket

Chenmai
5
Panama City

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Che
Pan

Summer dress

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

Che
Pan

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Chenmai
$15.33
Panama City
$11.43

Tennis court rental

One hour on weekend

Che $4,070.74/mth
Pan $4,070.74/mth

Fitness club

Monthly fee for one adult

Che $4,070.74/mth
Pan $4,070.74/mth