Panama vs Zimbabwe - Cost of Living Comparison

Updated:

Livingcost

Panama Zimbabwe
🚶 Cost of living one person
$1324
$871
👨‍👩‍👧‍👦 Cost of living Family
$3050
$2195
🏠 One person rent
$742
$321
🏘️ Family rent
$1185
$510
🍽️ Food expenses
$427
$339
🚐 Transport expenses
$59.6
$140
💳 Monthly salary after tax
$850
$241
💸 GDP per capita
$19161
$2497
😃 Human freedom index
7.92
5.02
❤️ Life expectancy
79.6
62.8
👮 Corruption perceptions index
33
22
🌐 English speaking %
14%
82.1%
🎓 Higher education
44
49
😀 Quality of life
60
28
🏙️ Population
4.52M
16.6M

The average cost of living in Panama ($1324) is 52% more expensive than in Zimbabwe ($871). Panama ranked 53rd vs 117th for Zimbabwe 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 0.3 months in Zimbabwe. Ranked 70th and 162nd 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 Zimbabwe

We calculate prices for Panama and Zimbabwe as a population-weighted mean of 10 and 10 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 Zimbabwe
Eating Out
🍱 Lunch Menu
$9.11
$9.7
🥂 Dinner in a Restaurant, for 2
$43.4
$47
🥪 Fast food meal, equiv. McDonald's
$7.14
$5.48
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.84
$1.46
 Cappuccino
$3.73
$2.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.69
$0.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$787
$268
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$563
$201
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1416
$663
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$956
$558
🔌 Utility Bill one person, electricity, heating, water, etc.
$88.2
$37.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$136
$57.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$46.3
$76.3
🏦 Mortgage Interest Rate for 20 Years
6.36%
13.35%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2983
$1096
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1713
$921
Transportation
🚌 Local transport ticket
$0.43
$0.8
🎟️ Monthly ticket local transport
$29.7
$37.9
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$20.3
 Gas / Petrol, 1 L or 0.26 gal
$1
$1.56
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$1.62
🍞 Bread, 0.5 kg or 1.1 lb
$2.35
$0.99
🍚 Rice, 1 kg or 2.2 lb
$2.53
$1.69
🥚 Eggs, x12
$3.07
$2.05
🧀 Cheese, 1 kg or 2.2 lb
$10.8
$11.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.37
$6.3
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$5.96
🍏 Apples, 1 kg or 2.2 lb
$3.5
$2.69
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.74
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$2.12
🍅 Tomato, 1 kg or 2.2 lb
$2.97
$1.48
🥔 Potato, 1 kg or 2.2 lb
$2.47
$1.59
🧅 Onion, 1 kg or 2.2 lb
$3.68
$1.72
🌊 Water, 1 L or 1 qt
$1.15
$0.66
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.32
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$8.2
🍺 Beer, 0.5 L or 16 fl oz
$1.37
$1.22
🚬 Cigarette pack
$6.01
$1.5
💊 Cold medicince, 1 week
$11.4
$8.58
🧴 Hair Shampoo
$6.18
$5.1
🧻 Toilet paper, 4 rolls
$2.7
$2.68
👄 Toothpaste, 1 tube
$2.45
$1.48
Other
🏋️ Gym Membership, 1 month
$35.9
$46.8
🎫 Cinema Ticket, 1 person
$7.16
$10
👩‍⚕️ Doctor's visit
$42.4
$33.3
💇 Haircut, simple
$11.2
$6.68
👖 Brand Jeans
$50.2
$22.3
👟 Brand Sneakers
$85.8
$37.6
👶 Daycare or Preschool, 1 month
$501
$284
🏫 International Primary School, 1 year
$12647
$9348

Cost of living in other countries

Cost of living

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 Zimbabwe

City Cost of living Population
Harare
$1024
2.15M
Masvingo
$861
1.64M
Bulawayo
$630
666K
Chitungwiza
$770
371K
Mutare
$764
225K
Kadoma
$754
116K
Gweru
$577
141K
Kwekwe
$706
93.1K
Chinhoyi
$639
56.8K
Marondera
$768
52.3K