Panama vs Sierra Leone - Cost of Living Comparison

Updated:

Livingcost

Panama Sierra Leone
🚶 Cost of living one person
$1456
$1258
👨‍👩‍👧‍👦 Cost of living Family
$3291
$1574
🏠 One person rent
$836
$900
🏘️ Family rent
$1343
$552
🍽️ Food expenses
$436
$262
🚐 Transport expenses
$84.4
$53.4
💳 Monthly salary after tax
$921
$118
💸 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
62
25
🏙️ Population
4.52M
8.64M

The average cost of living in Panama ($1456) is 16% more expensive than in Sierra Leone ($1258). Panama ranked 41st vs 59th 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 0.1 months in Sierra Leone. Ranked 67th and 164th 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
$9.21
$2.45
🥂 Dinner in a Restaurant, for 2
$44.5
$29.6
🥪 Fast food meal, equiv. McDonald's
$7.92
$6.26
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.88
$1.38
 Cappuccino
$4.2
$1.89
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.81
$1.18
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$907
$624
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$643
$799
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1639
$1806
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1054
$195
🔌 Utility Bill one person, electricity, heating, water, etc.
$91
$67.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$141
$105
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45
$63.6
🏦 Mortgage Interest Rate for 20 Years
6.31%
12.82%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3024
$1401
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1699
$788
Transportation
🚌 Local transport ticket
$0.39
$0.43
🎟️ Monthly ticket local transport
$26.1
$17.9
🚕 Taxi Ride, 8 km or 5 mi
$15.8
$9.21
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$1
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$1.91
🍞 Bread, 0.5 kg or 1.1 lb
$2.22
$0.52
🍚 Rice, 1 kg or 2.2 lb
$2.43
$0.95
🥚 Eggs, x12
$3.03
$1.58
🧀 Cheese, 1 kg or 2.2 lb
$11.8
$6.87
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.77
$7.07
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$5.23
🍏 Apples, 1 kg or 2.2 lb
$3.61
$3.1
🍌 Banana, 1 kg or 2.2 lb
$1.54
$2.01
🍊 Oranges, 1 kg or 2.2 lb
$3.69
$0.71
🍅 Tomato, 1 kg or 2.2 lb
$3.4
$3.67
🥔 Potato, 1 kg or 2.2 lb
$2.68
$1.69
🧅 Onion, 1 kg or 2.2 lb
$3.13
$1.62
🌊 Water, 1 L or 1 qt
$1.24
$0.9
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.35
$1.08
🍾 Wine (mid-priced), 750 mL bottle
$11.5
$6.07
🍺 Beer, 0.5 L or 16 fl oz
$1.31
$0.95
🚬 Cigarette pack
$5.97
$2.43
💊 Cold medicince, 1 week
$9.72
$1.52
🧴 Hair Shampoo
$7.05
$1.2
🧻 Toilet paper, 4 rolls
$2.8
$0.79
👄 Toothpaste, 1 tube
$2.76
$0.8
Other
🏋️ Gym Membership, 1 month
$38.6
$33.7
🎫 Cinema Ticket, 1 person
$7.37
$1.68
👩‍⚕️ Doctor's visit
$41.6
$14.7
💇 Haircut, simple
$12.9
$2.93
👖 Brand Jeans
$56.9
$10.1
👟 Brand Sneakers
$87.8
$60.3
👶 Daycare or Preschool, 1 month
$503
$111
🏫 International Primary School, 1 year
$10794
$3942

Cost of living in other countries

Cost of living

Cities Comparison in Panama vs Sierra Leone

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Cost of Living in Popular cities

In Panama

City Cost of living Population
Panama City
$1590
1.54M
Colon
$1185
242K
Tocumen
$1373
103K
Santiago de Veraguas
$1112
110K
La Chorrera
$982
68.9K
David
$909
82.9K
Pacora
$1361
52.5K
Penonome
$1147
21.7K
Balboa
$1396
10K
Chitre
$1144
9.02K

In Sierra Leone

City Cost of living Population
Freetown
$1272
951K
Bo
$1231
234K
Kenema
$1219
188K