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Insurer of the
Year 2017-21

prices shown in
Toronto vs Panama City
Tor vs Pan

Average net salary (After tax)

Panama City
Toronto

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Pan
Tor
Outside city centre
Pan
Tor

Rent 3 bedroom apartment

Cost per month

In city centre
Pan
Tor
Outside city centre
Pan
Tor

Buy apartment

Price per m2

In city centre
Pan
Tor
Outside city centre
Pan
Tor

Mortgage rates

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

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Panama City
Toronto

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Pan
Tor

Mobile phone data

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

Pan
Tor

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Pan
Tor

Monthly pass

Regular price

Pan
Tor

Fuel prices

Per Litre

Panama City
Toronto

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Pan
Tor
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Panama City
Toronto

Meat & cheese

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

Vegetables

Potatoes 1kg
Pan
Tor
Lettuce 1 head
Pan
Tor
Tomatoes 1kg
Pan
Tor

Fruit

Apples 1kg
Pan
Tor
Oranges 1 head
Pan
Tor
Bananas 1kg
Pan
Tor

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Panama City
4.5%
Toronto
5.5%

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

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Pan
Tor
Market 0.5L bottle
Pan
Tor

Imported beer

Restaurant 0.33L bottle
Pan
Tor
Market 0.33L bottle
Pan
Tor

Bottle of wine

Mid-range, from supermarket

Panama City
5
Toronto

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Pan
Tor

Summer dress

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

Pan
Tor

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Panama City
$15.33
Toronto
$11.43

Tennis court rental

One hour on weekend

Pan $4,070.74/mth
Tor $4,070.74/mth

Fitness club

Monthly fee for one adult

Pan $4,070.74/mth
Tor $4,070.74/mth