Chile vs Panama - Cost of Living Comparison

Updated:

Livingcost

Chile Panama
🚶 Cost of living one person
$983
$1323
👨‍👩‍👧‍👦 Cost of living Family
$2440
$3204
🏠 One person rent
$441
$721
🏘️ Family rent
$800
$1275
🍽️ Food expenses
$347
$435
🚐 Transport expenses
$105
$66.2
💳 Monthly salary after tax
$750
$894
💸 GDP per capita
$17068
$18686
😃 Human freedom index
8.24
8
❤️ Life expectancy
79.5
76.8
👮 Corruption perceptions index
63
33
🌐 English speaking %
9.5%
14%
🎓 Higher education
85
47
😀 Quality of life
63
55
🏙️ Population
19.5M
4.1M

The average cost of living in Chile ($983) is 26% less expensive than in Panama ($1323). Chile ranked 87th vs 44th 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 0.8 months in Chile compared to 0.7 months in Panama. Ranked 56th and 69th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Chile vs Panama infographic

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Prices in Chile vs Panama

We calculate prices for Chile and Panama as a population-weighted mean of 46 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Chile Panama
Eating Out
🍱 Lunch Menu
$10.6
$9.43
🥂 Dinner in a Restaurant, for 2
$42.3
$47.5
🥪 Fast food meal, equiv. McDonald's
$7.81
$7.88
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.35
$2.86
 Cappuccino
$3.27
$3.78
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.53
$1.64
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$432
$748
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$332
$554
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$826
$1451
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$635
$1015
🔌 Utility Bill one person, electricity, heating, water, etc.
$68.8
$82
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$106
$127
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.3
$46
🏦 Mortgage Interest Rate for 20 Years
5.26%
6.34%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2507
$2471
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2470
$1596
Transportation
🚌 Local transport ticket
$0.81
$0.46
🎟️ Monthly ticket local transport
$40.3
$28.1
🚕 Taxi Ride, 8 km or 5 mi
$11.6
$15.1
 Gas / Petrol, 1 L or 0.26 gal
$1.38
$1.01
Groceries
🥛 Milk, 1 L or 1 qt
$1.18
$1.79
🍞 Bread, 0.5 kg or 1.1 lb
$1.28
$2.28
🍚 Rice, 1 kg or 2.2 lb
$1.45
$2.48
🥚 Eggs, x12
$3.81
$2.77
🧀 Cheese, 1 kg or 2.2 lb
$10.8
$12
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.99
$7.24
🥩 Round Steak, 1 kg or 2.2 lb
$10.7
$9.54
🍏 Apples, 1 kg or 2.2 lb
$1.84
$3.58
🍌 Banana, 1 kg or 2.2 lb
$1.63
$1.58
🍊 Oranges, 1 kg or 2.2 lb
$1.89
$2.89
🍅 Tomato, 1 kg or 2.2 lb
$1.7
$2.93
🥔 Potato, 1 kg or 2.2 lb
$1.57
$2.27
🧅 Onion, 1 kg or 2.2 lb
$1.57
$2.78
🌊 Water, 1 L or 1 qt
$0.81
$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.18
$2.3
🍾 Wine (mid-priced), 750 mL bottle
$5.82
$9.69
🍺 Beer, 0.5 L or 16 fl oz
$1.43
$1.22
🚬 Cigarette pack
$5
$5.98
💊 Cold medicince, 1 week
$4.64
$12.9
🧴 Hair Shampoo
$4.32
$6.69
🧻 Toilet paper, 4 rolls
$2.14
$3.06
👄 Toothpaste, 1 tube
$2.58
$3.1
Other
🏋️ Gym Membership, 1 month
$36.6
$39.8
🎫 Cinema Ticket, 1 person
$6.05
$7.1
👩‍⚕️ Doctor's visit
$43
$49.2
💇 Haircut, simple
$13.2
$10.9
👖 Brand Jeans
$49.9
$53.9
👟 Brand Sneakers
$69.7
$88.4
👶 Daycare or Preschool, 1 month
$382
$475
🏫 International Primary School, 1 year
$6686
$13168

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cities Comparison in Chile vs Panama

More countries to compare

Cost of Living in Popular cities

In Chile

City Cost of living Population
Santiago
$1133
6.26M
Puente Alto
$930
574K
San Bernardo
$875
301K
Vina del Mar
$874
333K
Antofagasta
$1011
349K
Iquique
$923
188K
Calama
$673
158K
Valparaiso
$805
297K
La Serena
$814
195K
Temuco
$935
282K
Coquimbo
$807
204K
Talca
$835
206K
Rancagua
$798
231K
Concepcion
$902
218K
Chillan
$642
164K
Puerto Montt
$757
170K
Arica
$748
202K
Copiapo
$767
151K
Punta Arenas
$1038
123K
Valdivia
$839
150K
Talcahuano
$671
148K
Osorno
$810
147K
Los Angeles
$762
143K
Quilpue
$832
148K
Ovalle
$735
124K
Curico
$765
177K
Coronel
$810
116K
San Antonio
$1074
86.2K
Villa Alemana
$827
127K
Linares
$860
73.6K

In Panama

City Cost of living Population
Panama City
$1479
881K
Colon
$1172
242K
Tocumen
$1310
103K
Santiago de Veraguas
$1089
89K
La Chorrera
$957
68.9K
Balboa
$1328
62.9K
David
$890
82.9K
Chitre
$1117
60.5K
Pacora
$1304
52.5K
Penonome
$1116
21.7K