Panama vs Sierra Leone - Cost of Living Comparison

Updated:

Livingcost

Panama Sierra Leone
🚶 Cost of living one person
$1324
$1303
👨‍👩‍👧‍👦 Cost of living Family
$3050
$1627
🏠 One person rent
$742
$940
🏘️ Family rent
$1185
$597
🍽️ Food expenses
$427
$261
🚐 Transport expenses
$59.6
$58.7
💳 Monthly salary after tax
$850
$243
💸 GDP per capita
$19161
$807
😃 Human freedom index
7.92
6.34
❤️ Life expectancy
79.6
61.8
👮 Corruption perceptions index
33
34
🌐 English speaking %
14%
83.5%
🎓 Higher education
44
25
😀 Quality of life
60
29
🏙️ Population
4.52M
8.64M

The average cost of living in Panama ($1324) is 2% more expensive than in Sierra Leone ($1303). Panama ranked 53rd vs 55th for Sierra Leone 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 0.2 months in Sierra Leone. Ranked 70th and 158th 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 Sierra Leone

We calculate prices for Panama and Sierra Leone as a population-weighted mean of 10 and 3 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 Sierra Leone
Eating Out
🍱 Lunch Menu
$9.11
$2.87
🥂 Dinner in a Restaurant, for 2
$43.4
$26.3
🥪 Fast food meal, equiv. McDonald's
$7.14
$7.35
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.84
$1.2
 Cappuccino
$3.73
$1.64
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.69
$1.03
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$787
$726
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$563
$797
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1416
$1560
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$956
$169
🔌 Utility Bill one person, electricity, heating, water, etc.
$88.2
$80.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$136
$123
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$46.3
$75.8
🏦 Mortgage Interest Rate for 20 Years
6.36%
12.78%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2983
$1411
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1713
$824
Transportation
🚌 Local transport ticket
$0.43
$0.46
🎟️ Monthly ticket local transport
$29.7
$18
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$10.7
 Gas / Petrol, 1 L or 0.26 gal
$1
$0.99
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$1.91
🍞 Bread, 0.5 kg or 1.1 lb
$2.35
$0.54
🍚 Rice, 1 kg or 2.2 lb
$2.53
$0.98
🥚 Eggs, x12
$3.07
$1.74
🧀 Cheese, 1 kg or 2.2 lb
$10.8
$6.81
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.37
$6.17
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$5.24
🍏 Apples, 1 kg or 2.2 lb
$3.5
$3.13
🍌 Banana, 1 kg or 2.2 lb
$1.62
$2.01
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$0.71
🍅 Tomato, 1 kg or 2.2 lb
$2.97
$3.67
🥔 Potato, 1 kg or 2.2 lb
$2.47
$1.68
🧅 Onion, 1 kg or 2.2 lb
$3.68
$1.63
🌊 Water, 1 L or 1 qt
$1.15
$0.93
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$1.07
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$5.82
🍺 Beer, 0.5 L or 16 fl oz
$1.37
$0.9
🚬 Cigarette pack
$6.01
$2.42
💊 Cold medicince, 1 week
$11.4
$1.53
🧴 Hair Shampoo
$6.18
$1.21
🧻 Toilet paper, 4 rolls
$2.7
$0.77
👄 Toothpaste, 1 tube
$2.45
$0.79
Other
🏋️ Gym Membership, 1 month
$35.9
$40
🎫 Cinema Ticket, 1 person
$7.16
$1.67
👩‍⚕️ Doctor's visit
$42.4
$15.5
💇 Haircut, simple
$11.2
$2.91
👖 Brand Jeans
$50.2
$10
👟 Brand Sneakers
$85.8
$60.9
👶 Daycare or Preschool, 1 month
$501
$96.7
🏫 International Primary School, 1 year
$12647
$3601

Cost of living in other countries

Cost of living

Cities Comparison in Panama vs Sierra Leone

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 Sierra Leone

City Cost of living Population
Bo
$1257
234K
Freetown
$1323
951K
Kenema
$1257
188K