Panama vs Senegal - Cost of Living Comparison

Updated:

Livingcost

Panama Senegal
🚶 Cost of living one person
$1324
$1250
👨‍👩‍👧‍👦 Cost of living Family
$3050
$2877
🏠 One person rent
$742
$616
🏘️ Family rent
$1185
$997
🍽️ Food expenses
$427
$405
🚐 Transport expenses
$59.6
$125
💳 Monthly salary after tax
$850
$183
💸 GDP per capita
$19161
$1773
😃 Human freedom index
7.92
6.49
❤️ Life expectancy
79.6
68.7
👮 Corruption perceptions index
33
46
🌐 English speaking %
14%
2%
🎓 Higher education
44
58
😀 Quality of life
60
34
🏙️ Population
4.52M
18.5M

The average cost of living in Panama ($1324) is 6% more expensive than in Senegal ($1250). Panama ranked 53rd vs 61st for Senegal in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama compared to 0.1 months in Senegal. Ranked 70th and 145th best countries to live in the world.

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the estimated difference in money purchasing power

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Prices in Panama vs Senegal

We calculate prices for Panama and Senegal as a population-weighted mean of 10 and 9 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 Senegal
Eating Out
🍱 Lunch Menu
$9.11
$7.1
🥂 Dinner in a Restaurant, for 2
$43.4
$51.3
🥪 Fast food meal, equiv. McDonald's
$7.14
$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.84
$2.66
 Cappuccino
$3.73
$4.53
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.69
$0.97
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$787
$707
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$563
$404
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1416
$2069
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$956
$887
🔌 Utility Bill one person, electricity, heating, water, etc.
$88.2
$103
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$136
$158
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$46.3
$48.9
🏦 Mortgage Interest Rate for 20 Years
6.36%
8.22%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2983
$2801
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1713
$1496
Transportation
🚌 Local transport ticket
$0.43
$0.34
🎟️ Monthly ticket local transport
$29.7
$61.2
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$20.5
 Gas / Petrol, 1 L or 0.26 gal
$1
$1.71
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$2.64
🍞 Bread, 0.5 kg or 1.1 lb
$2.35
$0.75
🍚 Rice, 1 kg or 2.2 lb
$2.53
$1.58
🥚 Eggs, x12
$3.07
$2.45
🧀 Cheese, 1 kg or 2.2 lb
$10.8
$15
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.37
$10
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$11.8
🍏 Apples, 1 kg or 2.2 lb
$3.5
$3.27
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.91
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$3.02
🍅 Tomato, 1 kg or 2.2 lb
$2.97
$2.27
🥔 Potato, 1 kg or 2.2 lb
$2.47
$1.51
🧅 Onion, 1 kg or 2.2 lb
$3.68
$1.3
🌊 Water, 1 L or 1 qt
$1.15
$0.55
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.58
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$13.9
🍺 Beer, 0.5 L or 16 fl oz
$1.37
$1.59
🚬 Cigarette pack
$6.01
$1.76
💊 Cold medicince, 1 week
$11.4
$5.21
🧴 Hair Shampoo
$6.18
$3.96
🧻 Toilet paper, 4 rolls
$2.7
$2.63
👄 Toothpaste, 1 tube
$2.45
$2.31
Other
🏋️ Gym Membership, 1 month
$35.9
$44.4
🎫 Cinema Ticket, 1 person
$7.16
$8.54
👩‍⚕️ Doctor's visit
$42.4
$44.8
💇 Haircut, simple
$11.2
$11.1
👖 Brand Jeans
$50.2
$55.7
👟 Brand Sneakers
$85.8
$91.6
👶 Daycare or Preschool, 1 month
$501
$276
🏫 International Primary School, 1 year
$12647
$7797

Cost of living in other countries

Cost of living

Cities Comparison in Panama vs Senegal

More countries to compare

Cost of Living in Popular cities

In Panama

City Cost of living Population
Panama City
$1583
410K
Colon
$1179
242K
Tocumen
$1403
103K
Santiago de Veraguas
$1122
110K
La Chorrera
$977
68.9K
David
$922
82.9K
Pacora
$1395
52.5K
Penonome
$1153
21.7K
Balboa
$1425
10K
Chitre
$1154
9.02K

In Senegal

City Cost of living Population
Dakar
$1320
1.44M
Thies
$1236
391K
Rufisque
$1229
295K
Saint-Louis
$1147
259K
Ziguinchor
$1108
205K
Kaolack
$1178
172K
Louga
$1145
113K
Kolda
$1127
62.3K
Fatick
$1176
39.4K