Trek Zone

Cost of Living & Prices:
Colombia vs. Panama

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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Grocery

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Colombia vs. Panama - grocery purchase prices. You would pay on average 1.28 times less for grocery shopping in Colombia than in Panama.

Apples (1kg)

One kilogram of apples costs 2.1 USD in Colombia and 3.04 USD in Panama. The price of this product is 30.9% lower in Colombia.

2.10 USD
3.04 USD

Banana (1kg)

1 kilogram of bananas costs 0.86 USD in Colombia and 1.27 USD in Panama. The price of this product is 32.3% lower in Colombia.

0.86 USD
1.27 USD

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 6.6 USD in Colombia and 8.12 USD in Panama. The price of this product is 18.7% lower in Colombia.

6.60 USD
8.12 USD

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 9.18 USD in Colombia and 9 USD in Panama. The price of this product is 2% lower in Panama.

9.18 USD
9.00 USD

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 4.07 USD in Colombia and 6.78 USD in Panama. The price of this product is 40% lower in Colombia.

4.07 USD
6.78 USD

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 1.84 USD in Colombia and 5.78 USD in Panama. The price of this product is 68.2% lower in Colombia.

1.84 USD
5.78 USD

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 0.83 USD in Colombia and 1.14 USD in Panama. The price of this product is 27.2% lower in Colombia.

0.83 USD
1.14 USD

Eggs (regular) (12)

You will pay 1.79 USD for 12 eggs in Colombia and 2.14 USD in Panama. The price of this product is 16.4% lower in Colombia.

1.79 USD
2.14 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.53 USD in Colombia and 1.76 USD in Panama. The price of this product is 13.1% lower in Colombia.

1.53 USD
1.76 USD

Johnnie Walker Red Label Whisky 0.7 Litre

A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 18.93 USD in Colombia and 22.54 USD in Panama. The price of this product is 16% lower in Colombia.

18.93 USD
22.54 USD

Lettuce (1 head)

One head of lettuce costs 0.62 USD in Colombia and 1.9 USD in Panama. The price of this product is 67.4% lower in Colombia.

0.62 USD
1.90 USD

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 1.16 USD in Colombia and 2.19 USD in Panama. The price of this product is 47% lower in Colombia.

1.16 USD
2.19 USD

Local Cheese (1kg)

One kilogram of locally produced cheese costs 4.81 USD in Colombia and 9.73 USD in Panama. The price of this product is 50.6% lower in Colombia.

4.81 USD
9.73 USD

Milk (regular), (1 liter)

One liter of milk costs 1 USD in Colombia and 1.61 USD in Panama. The price of this product is 37.9% lower in Colombia.

1.00 USD
1.61 USD

Onion (1kg)

One kilogram of onions costs 0.8 USD in Colombia and 1.95 USD in Panama. The price of this product is 59% lower in Colombia.

0.80 USD
1.95 USD

Oranges (1kg)

One kilogram of oranges costs 1.06 USD in Colombia and 2.6 USD in Panama. The price of this product is 59.2% lower in Colombia.

1.06 USD
2.60 USD

Potato (1kg)

One kilogram of potatoes costs 0.88 USD in Colombia and 1.95 USD in Panama. The price of this product is 54.9% lower in Colombia.

0.88 USD
1.95 USD

Rice (white), (1kg)

One kilogram of white rice costs 0.99 USD in Colombia and 1.81 USD in Panama. The price of this product is 45.3% lower in Colombia.

0.99 USD
1.81 USD

Smirnoff Red Label Vodka 0.7 Litre

A 0.7 liter bottle of Smirnoff Red Label vodka costs 16.92 USD in Colombia and 9.82 USD in Panama. The price of this product is 42% lower in Panama.

16.92 USD
9.82 USD

Tomato (1kg)

One kilogram of tomatoes costs 1.07 USD in Colombia and 2.93 USD in Panama. The price of this product is 63.5% lower in Colombia.

1.07 USD
2.93 USD

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 0.64 USD in Colombia and 1.5 USD in Panama. The price of this product is 57.3% lower in Colombia.

0.64 USD
1.50 USD

Restaurant

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Colombia vs. Panama - expenses on meals in restaurants. You would pay 2.16 times less for meals in restaurants in Colombia than in Panama.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 1.27 USD in Colombia and 3.29 USD in Panama. The price of this product is 61.4% lower in Colombia.

1.27 USD
3.29 USD

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 0.67 USD in Colombia and 1.52 USD in Panama. The price of this product is 55.9% lower in Colombia.

0.67 USD
1.52 USD

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 1.15 USD in Colombia and 2 USD in Panama. The price of this product is 42.5% lower in Colombia.

1.15 USD
2.00 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2.18 USD in Colombia and 3.5 USD in Panama. The price of this product is 37.7% lower in Colombia.

2.18 USD
3.50 USD

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 5.51 USD in Colombia and 7 USD in Panama. The price of this product is 21.3% lower in Colombia.

5.51 USD
7.00 USD

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 20.65 USD in Colombia and 50 USD in Panama. The price of this product is 58.7% lower in Colombia.

20.65 USD
50.00 USD

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 3.44 USD in Colombia and 8 USD in Panama. The price of this product is 57% lower in Colombia.

3.44 USD
8.00 USD

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 0.54 USD in Colombia and 1.19 USD in Panama. The price of this product is 54.6% lower in Colombia.

0.54 USD
1.19 USD

Fuel

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Colombia vs. Panama - expenses related to fuel. You would pay 1.09 times less for fuel in Colombia than in Panama.

Diesel 1L

A liter of diesel costs 0.63 USD in Colombia and 0.82 USD in Panama. The price of this product is 23.2% lower in Colombia.

0.63 USD
0.82 USD

Gasoline 1L

A liter of gasoline costs 0.99 USD in Colombia and 0.94 USD in Panama. The price of this product is 5.1% lower in Panama.

0.99 USD
0.94 USD

Transportation

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Colombia vs. Panama - costs of transportation and public communication. You would pay 1.33 times less for transportation in Colombia than in Panama.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 31.92 USD in Colombia and 30 USD in Panama. The price of this product is 6% lower in Panama.

31.92 USD
30.00 USD

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 0.63 USD in Colombia and 0.35 USD in Panama. The price of this product is 44.4% lower in Panama.

0.63 USD
0.35 USD

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 5.68 USD in Colombia and 20 USD in Panama. The price of this product is 71.6% lower in Colombia.

5.68 USD
20.00 USD

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.55 USD in Colombia and 2 USD in Panama. The price of this product is 22.5% lower in Colombia.

1.55 USD
2.00 USD

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 1.15 USD in Colombia and 2 USD in Panama. The price of this product is 42.5% lower in Colombia.

1.15 USD
2.00 USD

Sports & entertainment

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Colombia vs. Panama - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 3.67 USD in Colombia and 6 USD in Panama. The price of this product is 38.8% lower in Colombia.

3.67 USD
6.00 USD

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 19.2 USD in Colombia and 46.09 USD in Panama. The price of this product is 58.3% lower in Colombia.

19.20 USD
46.09 USD

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 8.82 USD in Colombia and 27.31 USD in Panama. The price of this product is 67.7% lower in Colombia.

8.82 USD
27.31 USD

Flats for rent

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Colombia vs. Panama - costs of renting an apartment. You would pay about 1.92 times less for renting an apartment in Colombia than in Panama.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 356.51 USD in Colombia and 777.64 USD in Panama. The price of this product is 54.2% lower in Colombia.

356.51 USD
777.64 USD

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 270.9 USD in Colombia and 458.86 USD in Panama. The price of this product is 41% lower in Colombia.

270.90 USD
458.86 USD

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 702.82 USD in Colombia and 1457 USD in Panama. The price of this product is 51.8% lower in Colombia.

702.82 USD
1 457 USD

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 508.09 USD in Colombia and 830.76 USD in Panama. The price of this product is 38.8% lower in Colombia.

508.09 USD
830.76 USD

Flats for sale

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Colombia vs. Panama - costs of purchasing an apartment. You would pay 1.15 times less for buying an apartment in Colombia than in Panama.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 1593 USD in Colombia and 2039 USD in Panama. The price of this product is 21.9% lower in Colombia.

1 593 USD
2 039 USD

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 1244 USD in Colombia and 1211 USD in Panama. The price of this product is 2.7% lower in Panama.

1 244 USD
1 211 USD

Salary

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Colombia vs. Panama - average salary. The average salary in Colombia is 2.27 times lower than in Panama.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 334.34 USD in Colombia and 757.34 USD in Panama. The average salary is 55.9% lower in Colombia.

334.34 USD
757.34 USD

Hotels

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Colombia vs. Panama - prices of accommodation in hostels, guesthouses, and hotels.

One star

29.6 USD
55.4 USD

Two stars

61.5 USD
118 USD

Three stars

101 USD
176 USD

Four stars

173 USD
175 USD

Five stars

553 USD
297 USD

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Colombia: 20 cities, 1024 hotels • Panama: 6 cities, 124 hotels

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