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Insurer of the
Year 2017-21

prices shown in
Panama City vs Gold Coast
Pan vs Glc

Average net salary (After tax)

Gold Coast
Panama City

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Glc
Pan
Outside city centre
Glc
Pan

Rent 3 bedroom apartment

Cost per month

In city centre
Glc
Pan
Outside city centre
Glc
Pan

Buy apartment

Price per m2

In city centre
Glc
Pan
Outside city centre
Glc
Pan

Mortgage rates

Gold Coast
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

Gold Coast
Panama City

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Glc
Pan

Mobile phone data

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

Glc
Pan

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Glc
Pan

Monthly pass

Regular price

Glc
Pan

Fuel prices

Per Litre

Gold Coast
Panama City

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Glc
Pan
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Gold Coast
Panama City

Meat & cheese

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

Vegetables

Potatoes 1kg
Glc
Pan
Lettuce 1 head
Glc
Pan
Tomatoes 1kg
Glc
Pan

Fruit

Apples 1kg
Glc
Pan
Oranges 1 head
Glc
Pan
Bananas 1kg
Glc
Pan

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Gold Coast
4.5%
Panama City
5.5%

Restaurant Prices in Gold Coast are 17.14% higher than in Panama City

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Glc
Pan
Market 0.5L bottle
Glc
Pan

Imported beer

Restaurant 0.33L bottle
Glc
Pan
Market 0.33L bottle
Glc
Pan

Bottle of wine

Mid-range, from supermarket

Gold Coast
5
Panama City

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Glc
Pan

Summer dress

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

Glc
Pan

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Gold Coast
$15.33
Panama City
$11.43

Tennis court rental

One hour on weekend

Glc $4,070.74/mth
Pan $4,070.74/mth

Fitness club

Monthly fee for one adult

Glc $4,070.74/mth
Pan $4,070.74/mth