Published: Monday, 21th October 2024
The cost of living in Côte d'Ivoire is 2.53 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Côte d'Ivoire and Panama. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Côte d'Ivoire and Panama.
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Indicators | Côte d'Ivoire | Panama |
---|---|---|
1 BHK Apartment in City Center | 200,000 XOF (340 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 350,000 XOF (595 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 500,000 XOF (850 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 120,000 XOF (204 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 220,000 XOF (374 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 320,000 XOF (544 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 7 % | 1.3 % |
Realtor Commission | 5 % | 5 % |
Property Taxes | Yet to Update | 0.6 to 1.0 % |
The average housing cost in Côte d'Ivoire is 3.46 times less expensive than Panama.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Basic Home Furnishing | 100,000 XOF (170 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 25,000 XOF (42.50 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 15,000 XOF (25.50 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 16,000 XOF (27.20 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 10,000 XOF (17 USD) | 60 PAB (60 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 91.68% less for Utilities.
The basic home furnishing in Côte d'Ivoire costs 17.65 times less compared to Panama.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Standard Wifi Cost Per Month | 20,000 XOF (34 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 8,000 XOF (13.60 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 5,000 XOF (8.50 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 12,000 XOF (20.40 USD) | 80 PAB (80 USD) |
The internet and communication costs 66.74% less in Côte d'Ivoire compared to Panama.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Long Grain Rice (1 KG) | 1,200 XOF (2.04 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 1,200 XOF (2.04 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 300 XOF (0.51 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 800 XOF (1.36 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 1,500 XOF (2.55 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 2,500 XOF (4.25 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 3,000 XOF (5.10 USD) | 7 PAB (7 USD) |
In Côte d'Ivoire, the cost of 1 Liter Water and 1 Liter Milk is 1.27 times more expensive than the cost in Panama.
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 10.75% less for Groceries.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Apples (1 KG) | 2,000 XOF (3.40 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 700 XOF (1.19 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 1,000 XOF (1.70 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 1,000 XOF (1.70 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 800 XOF (1.36 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 1,500 XOF (2.55 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 1,000 XOF (1.70 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 1,500 XOF (2.55 USD) | 2.50 PAB (2.50 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 1.01 times more for Fruits and Vegetables.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Meal at a Resonable Restaurant | 7,000 XOF (11.90 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 20,000 XOF (34 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 3,500 XOF (5.95 USD) | 6 PAB (6 USD) |
Normal Coffee | 700 XOF (1.19 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 400 XOF (0.68 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 5,000 XOF (8.50 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 4,500 XOF (7.65 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 1,000 XOF (1.70 USD) | 6 PAB (6 USD) |
Dining-Out costs 10.54% less in Côte d'Ivoire compared to Panama.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Wine Mid-Range Bottle | 3,500 XOF (5.95 USD) | 15 PAB (15 USD) |
Glass of Wine | 1,200 XOF (2.04 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 600 XOF (1.02 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 800 XOF (1.36 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 2,500 XOF (4.25 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 4,000 XOF (6.80 USD) | 25 PAB (25 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 3.15 times less for usual hard drinks.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Monthly Public Transportation Pass | 15,000 XOF (25.50 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 300 XOF (0.51 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | 15,000 XOF (25.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 100,000 XOF (170 USD) | 100 PAB (100 USD) |
Taxi Start Fare | 500 XOF (0.85 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 300 XOF (0.51 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 25,000 XOF (42.50 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 800 XOF (1.36 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 500 XOF (0.85 USD) | 1 PAB (1 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 1.42 times more for transportation.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 5,000,000 XOF (8,500 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 80,000 XOF (136 USD) | 80 PAB (80 USD) |
Driving License Fees | 20,000 XOF (34 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 120,000 XOF (204 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 10,000 XOF (17 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 8 % | 6 % |
Fuel Per Liter | 800 XOF (1.36 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 3,000 XOF (5.10 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | Yet to Update | 5 PAB 5 USD |
You would have to pay 1.76 times less for Vehicle purchase, daily operation and maintenance in Côte d'Ivoire compared to that of Panama.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Doctor Visit | 10,000 XOF (17 USD) | 50 PAB (50 USD) |
Specialist Visit | 25,000 XOF (42.50 USD) | 100 PAB (100 USD) |
Dentist Visit | 15,000 XOF (25.50 USD) | 70 PAB (70 USD) |
Eye Exam | 8,000 XOF (13.60 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 12,000 XOF (20.40 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 18,000 XOF (30.60 USD) | 50 PAB (50 USD) |
Physical Therapy | 12,000 XOF (20.40 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 20,000 XOF (34 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 70,000 XOF (119 USD) | 150 PAB (150 USD) |
Vaccinations | 1,500 XOF (2.55 USD) | 30 PAB (30 USD) |
Prescription Medication | 2,000 XOF (3.40 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 1,000 XOF (1.70 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 30,000 XOF (51 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | Yet to Update () | 75 PAB (75 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 3.22 times less for Health and Medical Treatment.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Cosmetic Procedures | 12,000 XOF (20.40 USD) | 200 PAB (200 USD) |
Spa Treatment | 12,000 XOF (20.40 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 4,000 XOF (6.80 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 8,000 XOF (13.60 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 4,000 XOF (6.80 USD) | 40 PAB (40 USD) |
Haircuts | 4,000 XOF (6.80 USD) | 15 PAB (15 USD) |
Hair Coloring | 8,000 XOF (13.60 USD) | 40 PAB (40 USD) |
Shampoo Price | 400 XOF (0.68 USD) | 5 PAB (5 USD) |
Toothpaste Price | 200 XOF (0.34 USD) | 2 PAB (2 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 5.45 times less for Personal Care Items and Treatment.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Pair of Nike Running Shoes | 30,000 XOF (51 USD) | 80 PAB (80 USD) |
Men's Shirt | 5,000 XOF (8.50 USD) | 25 PAB (25 USD) |
Women's Dress | 15,000 XOF (25.50 USD) | 40 PAB (40 USD) |
Summer Dress | 10,000 XOF (17 USD) | 30 PAB (30 USD) |
Men's Suit | 80,000 XOF (136 USD) | 100 PAB (100 USD) |
Men's Jeans | 10,000 XOF (17 USD) | 40 PAB (40 USD) |
Women's Jeans | 10,000 XOF (17 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 15,000 XOF (25.50 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 15,000 XOF (25.50 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 12,000 XOF (20.40 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 12,000 XOF (20.40 USD) | 50 PAB (50 USD) |
Underwear For Men | 800 XOF (1.36 USD) | 8 PAB (8 USD) |
Underwear For Women | 800 XOF (1.36 USD) | 12 PAB (12 USD) |
Socks For Men | 400 XOF (0.68 USD) | 3 PAB (3 USD) |
Socks For Women | 400 XOF (0.68 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 15,000 XOF (25.50 USD) | 80 PAB (80 USD) |
Sportswear | 8,000 XOF (13.60 USD) | 40 PAB (40 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 1.85 times less for Clothing and Footwear for Adults.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Children's Jeans | 6,000 XOF (10.20 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 8,000 XOF (13.60 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 12,000 XOF (20.40 USD) | 40 PAB (40 USD) |
Daycare for Infant | 40,000 XOF (68 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 35,000 XOF (59.50 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 8,000 XOF (13.60 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 30,000 XOF (51 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 15,000 XOF (25.50 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 25,000 XOF (42.50 USD) | 150 PAB (150 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 2.86 times less for Childcare and kids clothing.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
PreSchool Fees | 50,000 XOF (85 USD) | 250 PAB (250 USD) |
Primary School Fees | 60,000 XOF (102 USD) | 400 PAB (400 USD) |
Secondary School Fees | 80,000 XOF (136 USD) | 600 PAB (600 USD) |
Private School Fees | 120,000 XOF (204 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 400,000 XOF (680 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 800,000 XOF (1,360 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 10,000 XOF (17 USD) | 75 PAB (75 USD) |
Special Education Services | 22,000 XOF (37.40 USD) | 200 PAB (200 USD) |
Tutoring | 20,000 XOF (34 USD) | 30 PAB (30 USD) |
Textbooks Cost | 10,000 XOF (17 USD) | 50 PAB (50 USD) |
School Supplies | 5,000 XOF (8.50 USD) | 30 PAB (30 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 3.22 times less for school and education.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Movie Ticket (Single) | 3,000 XOF (5.10 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 4,000 XOF (6.80 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 5,000 XOF (8.50 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 6,000 XOF (10.20 USD) | 15 PAB (15 USD) |
Gym Membership | 20,000 XOF (34 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 12,000 XOF (20.40 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 1,000 XOF (1.70 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 2,000 XOF (3.40 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 2,500 XOF (4.25 USD) | 20 PAB (20 USD) |
Bowling | 1,500 XOF (2.55 USD) | 15 PAB (15 USD) |
Mini Golf | 1,200 XOF (2.04 USD) | 12 PAB (12 USD) |
Video Games | 6,000 XOF (10.20 USD) | 40 PAB (40 USD) |
Streaming Services | 4,000 XOF (6.80 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 2,500 XOF (4.25 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 25,000 XOF (42.50 USD) | 500 PAB (500 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 4.68 times less for entertainment, recreation and fun activities.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Language Classes | 15,000 XOF (25.50 USD) | 150 PAB (150 USD) |
Parenting Classes | 20,000 XOF (34 USD) | 150 PAB (150 USD) |
Art Classes | 2,500 XOF (4.25 USD) | 25 PAB (25 USD) |
Fitness Classes | 1,000 XOF (1.70 USD) | 25 PAB (25 USD) |
Music Lessons | 4,000 XOF (6.80 USD) | 30 PAB (30 USD) |
Dance Lessons | 4,000 XOF (6.80 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 800 XOF (1.36 USD) | 8 PAB (8 USD) |
Educational Software | 5,000 XOF (8.50 USD) | 150 PAB (150 USD) |
If you lived in Côte d'Ivoire, instead of Panama, you would have to pay 6.39 times less for Private Classes.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Average Gross Monthly Salary | 300,000 XOF (510 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 200,000 XOF (340 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 5,000 XOF per hour (8.50 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 30,000 XOF (51 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 18 % | 0 to 7 % |
Social Security Contributions | 8 % | 9 % |
Pension Contributions | 8 % | 10 % |
Cost of Living Index | 45 | 50 |
Median Household Income | 600,000 XOF (1,020 USD) | 1,200 PAB (1,200 USD) |
If you lived in Côte d'Ivoire, you would earn 2.11 times less salary as compared to Panama.
Indicators | Côte d'Ivoire | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 20,000 XOF (34 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 15,000 XOF (25.50 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 18,000 XOF (30.60 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 12,000 XOF (20.40 USD) | 60 PAB (60 USD) |
Professional Services cost 2.90 times less in Côte d'Ivoire, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Côte d'Ivoire and Panama.
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