Panama vs Togo - Cost of Living Comparison

Updated:

Livingcost

Panama Togo
🚶 Cost of living one person
$1260
$701
👨‍👩‍👧‍👦 Cost of living Family
$3090
$1781
🏠 One person rent
$654
$268
🏘️ Family rent
$1202
$554
🍽️ Food expenses
$442
$300
🚐 Transport expenses
$67.1
$79.8
💳 Monthly salary after tax
$856
$564
💸 GDP per capita
$18662
$1013
😃 Human freedom index
7.57
6.2
❤️ Life expectancy
76.8
61.6
👮 Corruption perceptions index
35
31
🌐 English speaking %
14%
1%
🎓 Higher education
46
33
😀 Quality of life
55
22
🏙️ Population
4.1M
7.8M

The average cost of living in Panama ($1260) is 80% more expensive than in Togo ($701). Panama ranked 47th vs 137th for Togo 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 0.8 months in Togo. Ranked 71st and 162nd best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama vs Togo infographic

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Prices in Panama vs Togo

We calculate prices for Panama and Togo as a population-weighted mean of 10 and 6 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 Togo
Eating Out
🍱 Lunch Menu
$11.3
$2.02
🥂 Dinner in a Restaurant, for 2
$54.2
$18.7
🥪 Fast food meal, equiv. McDonald's
$7.61
$7.19
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.82
$0.84
 Cappuccino
$3.96
$3.91
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.88
$2.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$699
$242
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$483
$95.2
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1448
$466
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$928
$338
🔌 Utility Bill one person, electricity, heating, water, etc.
$80
$88.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$122
$136
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$55
🏦 Mortgage Interest Rate for 20 Years
6.19%
7.96%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2352
$1217
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1504
$446
Transportation
🚌 Local transport ticket
$0.4
$0.59
🎟️ Monthly ticket local transport
$30.2
$50.4
🚕 Taxi Ride, 8 km or 5 mi
$14.8
$3.3
 Gas / Petrol, 1 L or 0.26 gal
$1.05
$1.09
Groceries
🥛 Milk, 1 L or 1 qt
$1.77
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$0.98
🍚 Rice, 1 kg or 2.2 lb
$2.26
$1.6
🥚 Eggs, x12
$2.67
$1.75
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$7.58
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.36
$6.77
🥩 Round Steak, 1 kg or 2.2 lb
$9.88
$6.38
🍏 Apples, 1 kg or 2.2 lb
$3.32
$2.79
🍌 Banana, 1 kg or 2.2 lb
$1.54
$2.12
🍊 Oranges, 1 kg or 2.2 lb
$3.08
$3.08
🍅 Tomato, 1 kg or 2.2 lb
$2.92
$3.52
🥔 Potato, 1 kg or 2.2 lb
$2.23
$2.82
🧅 Onion, 1 kg or 2.2 lb
$2.51
$3.93
🌊 Water, 1 L or 1 qt
$1.01
$0.54
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.44
$1.44
🍾 Wine (mid-priced), 750 mL bottle
$8.84
$4.71
🍺 Beer, 0.5 L or 16 fl oz
$1.11
$1.1
🚬 Cigarette pack
$5.89
$1.95
💊 Cold medicince, 1 week
$12.1
$4.92
🧴 Hair Shampoo
$6.01
$4.1
🧻 Toilet paper, 4 rolls
$2.89
$1.58
👄 Toothpaste, 1 tube
$2.65
$1.96
Other
🏋️ Gym Membership, 1 month
$38.9
$32.7
🎫 Cinema Ticket, 1 person
$6.51
$8.44
👩‍⚕️ Doctor's visit
$45.6
$20.9
💇 Haircut, simple
$11.5
$3.05
👖 Brand Jeans
$53.1
$21.2
👟 Brand Sneakers
$86.4
$32
👶 Daycare or Preschool, 1 month
$438
$110
🏫 International Primary School, 1 year
$9292
$4926

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 Togo

City Cost of living Population
Lome
$711
2.19M
Kara
$656
158K
Sokode
$652
115K
Atakpame
$655
98.2K
Kpalime
$656
87.5K
Sotouboua
$652
32.5K