Argentina vs Panama - Cost of Living Comparison

ArgentinaPanama
🚶 Cost of living One person
$494
$1092
👨‍👩‍👧‍👦 Cost of living Family
$1164
$2535
🏠 One person rent
$202
$577
🏘️ Family rent
$294
$921
🍽️ Food Expenses
$194
$364
🚐 Transport Expenses
$37.4
$65
💳 Monthly salary after tax
$443
$751
💸 GDP per capita
$8442
$12269
😃 Human freedom index
7.2
7.62
❤️ Life expectancy
76.7
78.5
👮 Corruption perceptions index
42
35
🏙️ Population
44.9M
4.1M

The average cost of living in Argentina ($494) is 55% less expensive than in Panama ($1092). Argentina ranked 184th vs 56th for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.9 months in Argentina compared to 0.7 months in Panama. Ranked 62nd and 54th best countries to live in the world.

Cost of living in Argentina vs Panama infographic

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Prices in Argentina vs Panama

ArgentinaPanama
Eating Out
🍱 Lunch Menu
$5.7
$7.5
🥂 Dinner in a Restaurant, for 2
$17.6
$32.7
🥪 Fast food meal, equiv. McDonald's
$5.4
$6.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.56
$2.56
☕ Cappuccino
$1.67
$3.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.1
$1.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$203
$679
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$146
$412
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$319
$1121
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$212
$684
🔌 Utility Bill one person, electricity, heating, water, etc.
$27.8
$70.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$42.8
$108
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.4
$41.7
🏦 Mortgage Interest Rate for 20 Years
34.32%
6.18%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1950
$1937
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1488
$1339
Transportation
🚌 Local transport ticket
$0.41
$0.39
🎟️ Monthly ticket local transport
$18
$32
🚕 Taxi Ride, 8 km or 5 mi
$7.02
$13.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.85
$0.8
Groceries
🥛 Milk, 1 L or 1 qt
$0.75
$1.51
🍞 Bread, 0.5 kg or 1.1 lb
$0.69
$1.81
🍚 Rice, 1 kg or 2.2 lb
$0.6
$1.87
🥚 Eggs, x12
$1.41
$2.19
🧀 Cheese, 1 kg or 2.2 lb
$5.55
$9.82
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.34
$6.19
🥩 Round Steak, 1 kg or 2.2 lb
$5.98
$9.76
🍏 Apples, 1 kg or 2.2 lb
$1.23
$2.85
🍌 Banana, 1 kg or 2.2 lb
$1.11
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$1.06
$2.44
🍅 Tomato, 1 kg or 2.2 lb
$1
$2.71
🥔 Potato, 1 kg or 2.2 lb
$0.57
$2
🧅 Onion, 1 kg or 2.2 lb
$0.68
$2.08
🌊 Water, 1 L or 1 qt
$0.59
$0.93
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.51
$2.19
🍾 Wine (mid-priced), 750 mL bottle
$3.13
$9.01
🍺 Beer, 0.5 L or 16 fl oz
$0.96
$1.01
🚬 Cigarette pack
$1.9
$5.33
💊 Cold medicince, 1 week
$3.62
$11.8
🧴 Hair Shampoo
$2.08
$5.64
🧻 Toilet paper, 4 rolls
$1.15
$2.59
👄 Toothpaste, 1 tube
$1.28
$2.17
Other
🏋️ Gym Membership, 1 month
$16.3
$37.8
🎫 Cinema Ticket, 1 person
$3.64
$5.89
👩‍⚕️ Doctor's visit
$13.3
$45.9
💇 Haircut, simple
$4.1
$9.66
👖 Brand Jeans
$42
$44.5
👟 Brand Sneakers
$87.5
$67.3
👶 Daycare or Preschool, 1 month
$124
$299
🏫 International Primary School, 1 year
$3238
$10497

Cities Comparison in Argentina vs Panama

More countries to compare

Cost of Living in Popular cities

In Argentina

CityCost of livingPopulation
Buenos Aires
$647
3.06M
Cordoba
$525
1.33M
Rosario
$451
1.19M
Salta
$479
535K
San Miguel de Tucuman
$430
606K
Mar del Plata
$501
593K
Santa Fe
$388
406K
San Juan
$412
471K
Lanus
$515
459K
Corrientes
$608
353K
Bahia Blanca
$451
299K
San Salvador de Jujuy
$481
322K
Posadas
$377
276K
Santiago del Estero
$381
252K
Gregorio de Laferrere
$475
248K
Parana
$475
248K
Merlo
$474
244K
Gonzalez Catan
$475
238K
Quilmes
$440
231K
Rio Cuarto
$447
158K
Neuquen
$555
231K
Formosa
$346
222K
Jose C. Paz
$475
217K
Resistencia
$349
292K
Las Heras
$473
204K
Godoy Cruz
$472
191K
Isidro Casanova
$471
191K
La Plata
$508
193K
Berazategui
$513
181K
Comodoro Rivadavia
$440
183K

In Panama

CityCost of livingPopulation
Panama City
$1220
881K
Colon
$1181
242K
David
$762
145K
Tocumen
$899
103K
La Chorrera
$817
68.9K
Balboa
$921
62.9K
Santiago de Veraguas
$919
50.9K
Chitre
$916
46.2K
Pacora
$780
52.5K
Penonome
$920
21.7K