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Panama

Panama - Information


Panama

  • Geographical Location: Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
  • Size: 75,420 sq km
  • Population: 3,559,408 (July 2013 est.)
  • Currency: Panamanian Balboa
  • Rate of Exchange: 1 U.S. Dollar = $1 Balboa (as of 8/23/13; subject to change)
  • Language(s): Primary: Spanish, Secondary: English


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Cost Comparison:
Panama

 

Consumer Prices in Panama are 33% lower than in United States
Restaurant Prices in Panama are 41% lower than in United States
Groceries Prices in Panama are 29% lower than in United States

67 %

Consumer Prices

Consumer Prices in Panama are 33% lower than in United States

59 %

Restaurant Prices

Restaurant Prices in Panama are 41% lower than in United States

70 %

Groceries Prices

Groceries Prices in Panama are 29% lower than in United States

  • Restaurant Prices in Panama

  • 41% Lower
  • USA Panama % Difference
    Meal, Inexpensive Restaurant $10 $5 -50.00%
    Meal for 2, Mid-range Restaurant, 3-course $45 $30 -33.33%
    Cappuccino (regular) $3.63 $1.81 -50.19%

  • Transportation Prices in Panama

  • 82% Lower
  • USA Panama % Difference
    One-way Ticket (Local Transport) $2.00 $0.35 -82.50%
    Taxi 1km (Normal Tariff) $1.55 $1.32 -55.83%
    Taxi 1hour Waiting (Normal Tariff) $28.10 $25.00 -11.03%




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