Panama vs Rwanda - Cost of Living Comparison

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Livingcost

Panama Rwanda
🚶 Cost of living one person
$1260
$693
👨‍👩‍👧‍👦 Cost of living Family
$3090
$1631
🏠 One person rent
$654
$339
🏘️ Family rent
$1202
$530
🍽️ Food expenses
$442
$231
🚐 Transport expenses
$67.1
$76.5
💳 Monthly salary after tax
$856
$244
💸 GDP per capita
$18662
$1000
😃 Human freedom index
7.57
5.89
❤️ Life expectancy
76.8
67.1
👮 Corruption perceptions index
35
53
🌐 English speaking %
14%
15%
🎓 Higher education
46
15
😀 Quality of life
55
28
🏙️ Population
4.1M
13.2M

The average cost of living in Panama ($1260) is 82% more expensive than in Rwanda ($693). Panama ranked 47th vs 141st for Rwanda in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama compared to 0.4 months in Rwanda. Ranked 71st and 148th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama vs Rwanda infographic

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Prices in Panama vs Rwanda

We calculate prices for Panama and Rwanda as a population-weighted mean of 10 and 8 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.

Panama Rwanda
Eating Out
🍱 Lunch Menu
$11.3
$3.58
🥂 Dinner in a Restaurant, for 2
$54.2
$29.4
🥪 Fast food meal, equiv. McDonald's
$7.61
$6.57
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.82
$1.1
 Cappuccino
$3.96
$2.29
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.88
$0.76
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$699
$417
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$483
$260
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1448
$779
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$928
$392
🔌 Utility Bill one person, electricity, heating, water, etc.
$80
$22.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$122
$35
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$24.9
🏦 Mortgage Interest Rate for 20 Years
6.19%
16.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2352
$13988
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1504
$860
Transportation
🚌 Local transport ticket
$0.4
$0.36
🎟️ Monthly ticket local transport
$30.2
$23.8
🚕 Taxi Ride, 8 km or 5 mi
$14.8
$12.5
 Gas / Petrol, 1 L or 0.26 gal
$1.05
$1.18
Groceries
🥛 Milk, 1 L or 1 qt
$1.77
$0.71
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.05
🍚 Rice, 1 kg or 2.2 lb
$2.26
$1.25
🥚 Eggs, x12
$2.67
$1.65
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$4.31
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.36
$4.61
🥩 Round Steak, 1 kg or 2.2 lb
$9.88
$3.44
🍏 Apples, 1 kg or 2.2 lb
$3.32
$3.34
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.15
🍊 Oranges, 1 kg or 2.2 lb
$3.08
$1.91
🍅 Tomato, 1 kg or 2.2 lb
$2.92
$1.04
🥔 Potato, 1 kg or 2.2 lb
$2.23
$0.47
🧅 Onion, 1 kg or 2.2 lb
$2.51
$0.67
🌊 Water, 1 L or 1 qt
$1.01
$0.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.44
$1.58
🍾 Wine (mid-priced), 750 mL bottle
$8.84
$8.77
🍺 Beer, 0.5 L or 16 fl oz
$1.11
$0.81
🚬 Cigarette pack
$5.89
$2.93
💊 Cold medicince, 1 week
$12.1
$4.84
🧴 Hair Shampoo
$6.01
$2.88
🧻 Toilet paper, 4 rolls
$2.89
$0.71
👄 Toothpaste, 1 tube
$2.65
$1
Other
🏋️ Gym Membership, 1 month
$38.9
$31
🎫 Cinema Ticket, 1 person
$6.51
$2.94
👩‍⚕️ Doctor's visit
$45.6
$15.9
💇 Haircut, simple
$11.5
$1.87
👖 Brand Jeans
$53.1
$17.4
👟 Brand Sneakers
$86.4
$61.7
👶 Daycare or Preschool, 1 month
$438
$151
🏫 International Primary School, 1 year
$9292
$9611

Cost of living in other countries

Cost of living

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Cost of Living in Popular cities

In Panama

City Cost of living Population
Panama City
$1384
881K
Colon
$1182
242K
Tocumen
$1231
103K
Santiago de Veraguas
$1056
89K
La Chorrera
$953
68.9K
Balboa
$1249
62.9K
David
$833
82.9K
Pacora
$1249
52.5K
Chitre
$1091
46.2K
Penonome
$1098
21.7K

In Rwanda

City Cost of living Population
Kigali
$723
1.16M
Ruhengeri
$598
135K
Gisenyi
$587
53.6K
Byumba
$622
36.4K
Cyangugu
$559
27.4K
Nyanza
$545
25.4K
Butare
$441
19.9K
Kibuye
$579
12.3K