Published: Monday, 21th October 2024
The cost of living in Panama is 3.71 times more expensive as compared to Senegal.
On this page, you will find side-by-side cost comparison between Panama and Senegal. 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 Panama and Senegal.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | Panama  | Senegal  |
|---|---|---|
1 BHK Apartment in City Center  | 1,200 PAB (1,200 USD) | 250,000 XOF (400 USD) |
2 BHK Apartment in City Center  | 2,000 PAB (2,000 USD) | 400,000 XOF (640 USD) |
3 BHK Apartment in City Center  | 3,000 PAB (3,000 USD) | 600,000 XOF (960 USD) |
1 BHK Apartment outside City Center  | 800 PAB (800 USD) | 150,000 XOF (240 USD) |
2 BHK Apartment outside City Center  | 1,200 PAB (1,200 USD) | 250,000 XOF (400 USD) |
3 BHK Apartment outside City Center  | 1,800 PAB (1,800 USD) | 400,000 XOF (640 USD) |
Mortgage Rates Per Month  | 1.3 % | 2.5 % |
Realtor Commission  | 5 % | 5 % |
Property Taxes  | 0.6 to 1.0 % | Yet to Update |
The average housing cost in Panama is 3.09 times more expensive than Senegal.
Indicators | Panama | Senegal |
|---|---|---|
Basic Home Furnishing  | 3,000 PAB (3,000 USD) | 1,000,000 XOF (1,600 USD) |
Electricity Cost Per Month  | 150 PAB (150 USD) | 25,000 XOF (40 USD) |
Heating Cost Per Month  | 100 PAB (100 USD) | 15,000 XOF (24 USD) |
Cooling Cost Per Month  | 80 PAB (80 USD) | 20,000 XOF (32 USD) |
Water Supply Cost Per Month  | 60 PAB (60 USD) | 10,000 XOF (16 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 98.01% more for Utilities.
The basic home furnishing in Panama costs 1.88 times more compared to Senegal.
Indicators | Panama | Senegal |
|---|---|---|
Standard Wifi Cost Per Month  | 70 PAB (70 USD) | 20,000 XOF (32 USD) |
Mobile Phone Basic Plan Cost Per Month  | 50 PAB (50 USD) | 15,000 XOF (24 USD) |
Landline Basic Plan Cost Per Month  | 30 PAB (30 USD) | 5,000 XOF (8 USD) |
Cable TV Basic Plan Cost Per Month  | 80 PAB (80 USD) | 10,000 XOF (16 USD) |
The internet and communication costs 187.50% more in Panama compared to Senegal.
Indicators | Panama | Senegal |
|---|---|---|
Long Grain Rice (1 KG)  | 2 PAB (2 USD) | 1,500 XOF (2.40 USD) |
Milk (1 Liter)  | 1.50 PAB (1.50 USD) | 800 XOF (1.28 USD) |
Water (1 Liter)  | 0.50 PAB (0.50 USD) | 400 XOF (0.64 USD) |
Bread (500 gm)  | 1 PAB (1 USD) | 500 XOF (0.80 USD) |
Eggs (1 Dozen)  | 3 PAB (3 USD) | 1,200 XOF (1.92 USD) |
Cheese (1 KG)  | 5 PAB (5 USD) | 2,500 XOF (4 USD) |
Chicken Breast (1 KG)  | 7 PAB (7 USD) | 2,000 XOF (3.20 USD) |
In Panama, the cost of 1 Liter Water and 1 Liter Milk is 1.04 times more expensive than the cost in Senegal.
If you lived in Panama, instead of Senegal, you would have to pay 40.45% more for Groceries.
Indicators | Panama | Senegal |
|---|---|---|
Apples (1 KG)  | 3 PAB (3 USD) | 1,200 XOF (1.92 USD) |
Bananas (1 KG)  | 1.50 PAB (1.50 USD) | 800 XOF (1.28 USD) |
Oranges (1 KG)  | 2 PAB (2 USD) | 1,000 XOF (1.60 USD) |
Tomatoes (1 KG)  | 2 PAB (2 USD) | 800 XOF (1.28 USD) |
Potatoes (1 KG)  | 1 PAB (1 USD) | 600 XOF (0.96 USD) |
Lemons (1 KG)  | 2.50 PAB (2.50 USD) | 1,200 XOF (1.92 USD) |
Onions (1 KG)  | 1.50 PAB (1.50 USD) | 800 XOF (1.28 USD) |
Lentils (1 KG)  | 2.50 PAB (2.50 USD) | 2,000 XOF (3.20 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 1.19 times more for Fruits and Vegetables.
Indicators | Panama | Senegal |
|---|---|---|
Meal at a Resonable Restaurant  | 12 PAB (12 USD) | 15,000 XOF (24 USD) |
Three-Course Meal for Two  | 30 PAB (30 USD) | 30,000 XOF (48 USD) |
Fast Food Combo Meal  | 6 PAB (6 USD) | 3,000 XOF (4.80 USD) |
Normal Coffee  | 2.50 PAB (2.50 USD) | 600 XOF (0.96 USD) |
Soft Drink  | 1.50 PAB (1.50 USD) | 400 XOF (0.64 USD) |
Pizza for One  | 12 PAB (12 USD) | 5,000 XOF (8 USD) |
Take-Out Delivery Meal  | 10 PAB (10 USD) | 3,500 XOF (5.60 USD) |
Cigarette Pack of 20  | 6 PAB (6 USD) | 1,000 XOF (1.60 USD) |
Dining-Out costs 14.53% less in Panama compared to Senegal.
Indicators | Panama | Senegal |
|---|---|---|
Wine Mid-Range Bottle  | 15 PAB (15 USD) | 6,000 XOF (9.60 USD) |
Glass of Wine  | 6 PAB (6 USD) | 1,500 XOF (2.40 USD) |
Domestic Beer Half Liter  | 2.50 PAB (2.50 USD) | 700 XOF (1.12 USD) |
Imported Beer Half Liter  | 4 PAB (4 USD) | 1,000 XOF (1.60 USD) |
Domestic Alcohol 1 Liter  | 15 PAB (15 USD) | 4,000 XOF (6.40 USD) |
Branded Alcohol 1 Liter  | 25 PAB (25 USD) | 6,000 XOF (9.60 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 2.20 times more for usual hard drinks.
Indicators | Panama | Senegal |
|---|---|---|
Monthly Public Transportation Pass  | 50 PAB (50 USD) | 20,000 XOF (32 USD) |
Single Public Transportation Ticket  | 1.50 PAB (1.50 USD) | 500 XOF (0.80 USD) |
Single Train Ticket  | Yet to Update () | 250 XOF (0.40 USD) |
Domestic Airplane Ticket  | 100 PAB (100 USD) | 50,000 XOF (80 USD) |
Taxi Start Fare  | 3 PAB (3 USD) | 1,000 XOF (1.60 USD) |
Taxi Rate Per Kilometer  | 1.50 PAB (1.50 USD) | 500 XOF (0.80 USD) |
Car Rental Per Day  | 30 PAB (30 USD) | 20,000 XOF (32 USD) |
Parking Fees in City Center Per Hour  | 2 PAB (2 USD) | 1,000 XOF (1.60 USD) |
Parking Fees outside City Center Per Hour  | 1 PAB (1 USD) | 500 XOF (0.80 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 1.26 times more for transportation.
Indicators | Panama | Senegal |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 15,000 PAB (15,000 USD) | 2,000,000 XOF (3,200 USD) |
Vehicle Registration Cost  | 80 PAB (80 USD) | 50,000 XOF (80 USD) |
Driving License Fees  | 50 PAB (50 USD) | 15,000 XOF (24 USD) |
Car Insurance Cost  | 400 PAB (400 USD) | 100,000 XOF (160 USD) |
Car Maintenance Cost  | 150 PAB (150 USD) | 20,000 XOF (32 USD) |
Car Loan Interest Rates  | 6 % | 7 % |
Fuel Per Liter  | 1.20 PAB (1.20 USD) | 600 XOF (0.96 USD) |
Fuel Per Gallon  | 4.50 PAB (4.50 USD) | 2,500 XOF (4 USD) |
Average Toll Fees  | 5 PAB 5 USD | Yet to Update |
You would have to pay 4.48 times more for Vehicle purchase, daily operation and maintenance in Panama compared to that of Senegal.
Indicators | Panama | Senegal |
|---|---|---|
Doctor Visit  | 50 PAB (50 USD) | 15,000 XOF (24 USD) |
Specialist Visit  | 100 PAB (100 USD) | 25,000 XOF (40 USD) |
Dentist Visit  | 70 PAB (70 USD) | 20,000 XOF (32 USD) |
Eye Exam  | 50 PAB (50 USD) | 8,000 XOF (12.80 USD) |
Mental Health Counseling  | 100 PAB (100 USD) | 15,000 XOF (24 USD) |
Preventive Health Screening  | 50 PAB (50 USD) | 10,000 XOF (16 USD) |
Physical Therapy  | 75 PAB (75 USD) | 10,000 XOF (16 USD) |
Emergency Room Visit  | 300 PAB (300 USD) | 20,000 XOF (32 USD) |
Hospital Stay Per Night  | 150 PAB (150 USD) | 15,000 XOF (24 USD) |
Vaccinations  | 30 PAB (30 USD) | 8,000 XOF (12.80 USD) |
Prescription Medication  | 20 PAB (20 USD) | 5,000 XOF (8 USD) |
Over the Counter Medication  | 10 PAB (10 USD) | 2,000 XOF (3.20 USD) |
Health Insurance Premiums  | 150 PAB (150 USD) | 50,000 XOF (80 USD) |
Health Insurance Deductibles  | 75 PAB (75 USD) | 10,000 XOF (16 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 3.61 times more for Health and Medical Treatment.
Indicators | Panama | Senegal |
|---|---|---|
Cosmetic Procedures  | 200 PAB (200 USD) | 25,000 XOF (40 USD) |
Spa Treatment  | 75 PAB (75 USD) | 8,000 XOF (12.80 USD) |
Manicure Pedicure Cost  | 30 PAB (30 USD) | 4,000 XOF (6.40 USD) |
Optical Glasses Cost  | 80 PAB (80 USD) | 10,000 XOF (16 USD) |
Contact Lenses Cost  | 40 PAB (40 USD) | 5,000 XOF (8 USD) |
Haircuts  | 15 PAB (15 USD) | 2,000 XOF (3.20 USD) |
Hair Coloring  | 40 PAB (40 USD) | 6,000 XOF (9.60 USD) |
Shampoo Price  | 5 PAB (5 USD) | 500 XOF (0.80 USD) |
Toothpaste Price  | 2 PAB (2 USD) | 300 XOF (0.48 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 5.01 times more for Personal Care Items and Treatment.
Indicators | Panama | Senegal |
|---|---|---|
Pair of Nike Running Shoes  | 80 PAB (80 USD) | 30,000 XOF (48 USD) |
Men's Shirt  | 25 PAB (25 USD) | 5,000 XOF (8 USD) |
Women's Dress  | 40 PAB (40 USD) | 10,000 XOF (16 USD) |
Summer Dress  | 30 PAB (30 USD) | 8,000 XOF (12.80 USD) |
Men's Suit  | 100 PAB (100 USD) | 70,000 XOF (112 USD) |
Men's Jeans  | 40 PAB (40 USD) | 10,000 XOF (16 USD) |
Women's Jeans  | 30 PAB (30 USD) | 10,000 XOF (16 USD) |
Men's Formal Shoes  | 80 PAB (80 USD) | 20,000 XOF (32 USD) |
Women's Formal Shoes  | 80 PAB (80 USD) | 15,000 XOF (24 USD) |
Men's Casual Shoes  | 50 PAB (50 USD) | 15,000 XOF (24 USD) |
Women's Casual Shoes  | 50 PAB (50 USD) | 10,000 XOF (16 USD) |
Underwear For Men  | 8 PAB (8 USD) | 1,500 XOF (2.40 USD) |
Underwear For Women  | 12 PAB (12 USD) | 2,000 XOF (3.20 USD) |
Socks For Men  | 3 PAB (3 USD) | 500 XOF (0.80 USD) |
Socks For Women  | 3 PAB (3 USD) | 500 XOF (0.80 USD) |
Wintercoat for Adults  | 80 PAB (80 USD) | 20,000 XOF (32 USD) |
Sportswear  | 40 PAB (40 USD) | 8,000 XOF (12.80 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 1.99 times more for Clothing and Footwear for Adults.
Indicators | Panama | Senegal |
|---|---|---|
Children's Jeans  | 20 PAB (20 USD) | 5,000 XOF (8 USD) |
Children's Normal Sneakers  | 30 PAB (30 USD) | 6,000 XOF (9.60 USD) |
Children's Winter Coat  | 40 PAB (40 USD) | 10,000 XOF (16 USD) |
Daycare for Infant  | 200 PAB (200 USD) | 50,000 XOF (80 USD) |
Daycare for Toddler  | 150 PAB (150 USD) | 40,000 XOF (64 USD) |
Childcare for Sick Days  | 30 PAB (30 USD) | 2,000 XOF (3.20 USD) |
Early Childhood Education Programs  | 150 PAB (150 USD) | 15,000 XOF (24 USD) |
Extra Curricular Activities  | 100 PAB (100 USD) | 10,000 XOF (16 USD) |
Summer Camp for Kids  | 150 PAB (150 USD) | 20,000 XOF (32 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 3.44 times more for Childcare and kids clothing.
Indicators | Panama | Senegal |
|---|---|---|
PreSchool Fees  | 250 PAB (250 USD) | 60,000 XOF (96 USD) |
Primary School Fees  | 400 PAB (400 USD) | 100,000 XOF (160 USD) |
Secondary School Fees  | 600 PAB (600 USD) | 120,000 XOF (192 USD) |
Private School Fees  | 1,000 PAB (1,000 USD) | 150,000 XOF (240 USD) |
University Tuition Fees  | 2,500 PAB (2,500 USD) | 200,000 XOF (320 USD) |
University Private Tuition Fees  | 3,500 PAB (3,500 USD) | 250,000 XOF (400 USD) |
After School Activities  | 75 PAB (75 USD) | 5,000 XOF (8 USD) |
Special Education Services  | 200 PAB (200 USD) | 20,000 XOF (32 USD) |
Tutoring  | 30 PAB (30 USD) | 3,000 XOF (4.80 USD) |
Textbooks Cost  | 50 PAB (50 USD) | 2,000 XOF (3.20 USD) |
School Supplies  | 30 PAB (30 USD) | 1,000 XOF (1.60 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 5.92 times more for school and education.
Indicators | Panama | Senegal |
|---|---|---|
Movie Ticket (Single)  | 8 PAB (8 USD) | 2,000 XOF (3.20 USD) |
Theater Ticket (Single)  | 15 PAB (15 USD) | 3,000 XOF (4.80 USD) |
Concert Ticket (Single)  | 25 PAB (25 USD) | 5,000 XOF (8 USD) |
Sports Event Ticket (Single)  | 15 PAB (15 USD) | 6,000 XOF (9.60 USD) |
Gym Membership  | 40 PAB (40 USD) | 10,000 XOF (16 USD) |
Swimming Pool Access  | 25 PAB (25 USD) | 8,000 XOF (12.80 USD) |
Museum Entry Ticket  | 8 PAB (8 USD) | 1,000 XOF (1.60 USD) |
Zoo Entry Ticket  | 12 PAB (12 USD) | 1,500 XOF (2.40 USD) |
Amusement Park Entry Ticket  | 20 PAB (20 USD) | 3,000 XOF (4.80 USD) |
Bowling  | 15 PAB (15 USD) | 2,000 XOF (3.20 USD) |
Mini Golf  | 12 PAB (12 USD) | 1,500 XOF (2.40 USD) |
Video Games  | 40 PAB (40 USD) | 10,000 XOF (16 USD) |
Streaming Services  | 12 PAB (12 USD) | 4,000 XOF (6.40 USD) |
Outdoor Equipment Rental  | 15 PAB (15 USD) | 2,000 XOF (3.20 USD) |
Theme Park Annual Pass  | 500 PAB (500 USD) | 50,000 XOF (80 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 4.37 times more for entertainment, recreation and fun activities.
Indicators | Panama | Senegal |
|---|---|---|
Language Classes  | 150 PAB (150 USD) | 12,000 XOF (19.20 USD) |
Parenting Classes  | 150 PAB (150 USD) | 8,000 XOF (12.80 USD) |
Art Classes  | 25 PAB (25 USD) | 4,000 XOF (6.40 USD) |
Fitness Classes  | 25 PAB (25 USD) | 2,500 XOF (4 USD) |
Music Lessons  | 30 PAB (30 USD) | 5,000 XOF (8 USD) |
Dance Lessons  | 30 PAB (30 USD) | 5,000 XOF (8 USD) |
Reading Materials for Classes  | 8 PAB (8 USD) | 500 XOF (0.80 USD) |
Educational Software  | 150 PAB (150 USD) | 10,000 XOF (16 USD) |
If you lived in Panama, instead of Senegal, you would have to pay 7.55 times more for Private Classes.
Indicators | Panama | Senegal |
|---|---|---|
Average Gross Monthly Salary  | 1,500 PAB (1,500 USD) | 250,000 XOF (400 USD) |
Average Net Monthly Salary  | 1,200 PAB (1,200 USD) | 175,000 XOF (280 USD) |
Minimum Wages  | 20 PAB per hour (20 USD) | 3,333.33 XOF per hour (5.33 USD) |
Average Bonus  | 150 PAB (150 USD) | 30,000 XOF (48 USD) |
Income Tax Rate  | 0 to 7 % | 0 to 18 % |
Social Security Contributions  | 9 % | 7 % |
Pension Contributions  | 10 % | 8 % |
Cost of Living Index  | 50 | 55 |
Median Household Income  | 1,200 PAB (1,200 USD) | 200,000 XOF (320 USD) |
If you lived in Panama, you would earn 3.86 times more salary as compared to Senegal.
Indicators | Panama | Senegal |
|---|---|---|
Legal Consultation Per Hour Rate  | 100 PAB (100 USD) | 15,000 XOF (24 USD) |
Accounting Services Per Hour Rate  | 80 PAB (80 USD) | 12,000 XOF (19.20 USD) |
IT Support Services Per Hour Rate  | 80 PAB (80 USD) | 10,000 XOF (16 USD) |
Technician Services Per Hour Rate  | 60 PAB (60 USD) | 8,000 XOF (12.80 USD) |
Professional Services cost 4.44 times more in Panama, as compared to Senegal.
We hope you enjoyed the detailed guide on the cost of living comparsion between Panama and Senegal.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.
