Published: Monday, 21th October 2024
The cost of living in Panama is 3.44 times more expensive as compared to Tanzania.
On this page, you will find side-by-side cost comparison between Panama and Tanzania. 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 Tanzania.
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 | Tanzania |
---|---|---|
1 BHK Apartment in City Center | 1,200 PAB (1,200 USD) | 500,000 TZS (200 USD) |
2 BHK Apartment in City Center | 2,000 PAB (2,000 USD) | 800,000 TZS (320 USD) |
3 BHK Apartment in City Center | 3,000 PAB (3,000 USD) | 1,200,000 TZS (480 USD) |
1 BHK Apartment outside City Center | 800 PAB (800 USD) | 300,000 TZS (120 USD) |
2 BHK Apartment outside City Center | 1,200 PAB (1,200 USD) | 500,000 TZS (200 USD) |
3 BHK Apartment outside City Center | 1,800 PAB (1,800 USD) | 800,000 TZS (320 USD) |
Mortgage Rates Per Month | 1.3 % | 12 % |
Realtor Commission | 5 % | 1.5 % |
Property Taxes | 0.6 to 1.0 % | Yet to Update |
The average housing cost in Panama is 6.19 times more expensive than Tanzania.
Indicators | Panama | Tanzania |
---|---|---|
Basic Home Furnishing | 3,000 PAB (3,000 USD) | 2,000,000 TZS (800 USD) |
Electricity Cost Per Month | 150 PAB (150 USD) | 50,000 TZS (20 USD) |
Heating Cost Per Month | 100 PAB (100 USD) | 30,000 TZS (12 USD) |
Cooling Cost Per Month | 80 PAB (80 USD) | 20,000 TZS (8 USD) |
Water Supply Cost Per Month | 60 PAB (60 USD) | 20,000 TZS (8 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 299.76% more for Utilities.
The basic home furnishing in Panama costs 3.75 times more compared to Tanzania.
Indicators | Panama | Tanzania |
---|---|---|
Standard Wifi Cost Per Month | 70 PAB (70 USD) | 50,000 TZS (20 USD) |
Mobile Phone Basic Plan Cost Per Month | 50 PAB (50 USD) | 20,000 TZS (8 USD) |
Landline Basic Plan Cost Per Month | 30 PAB (30 USD) | 10,000 TZS (4 USD) |
Cable TV Basic Plan Cost Per Month | 80 PAB (80 USD) | 30,000 TZS (12 USD) |
The internet and communication costs 422.73% more in Panama compared to Tanzania.
Indicators | Panama | Tanzania |
---|---|---|
Long Grain Rice (1 KG) | 2 PAB (2 USD) | 2,500 TZS (1 USD) |
Milk (1 Liter) | 1.50 PAB (1.50 USD) | 2,000 TZS (0.80 USD) |
Water (1 Liter) | 0.50 PAB (0.50 USD) | 500 TZS (0.20 USD) |
Bread (500 gm) | 1 PAB (1 USD) | 1,000 TZS (0.40 USD) |
Eggs (1 Dozen) | 3 PAB (3 USD) | 1,500 TZS (0.60 USD) |
Cheese (1 KG) | 5 PAB (5 USD) | 6,000 TZS (2.40 USD) |
Chicken Breast (1 KG) | 7 PAB (7 USD) | 4,000 TZS (1.60 USD) |
In Panama, the cost of 1 Liter Water and 1 Liter Milk is 2.00 times more expensive than the cost in Tanzania.
If you lived in Panama, instead of Tanzania, you would have to pay 185.71% more for Groceries.
Indicators | Panama | Tanzania |
---|---|---|
Apples (1 KG) | 3 PAB (3 USD) | 3,000 TZS (1.20 USD) |
Bananas (1 KG) | 1.50 PAB (1.50 USD) | 1,500 TZS (0.60 USD) |
Oranges (1 KG) | 2 PAB (2 USD) | 2,500 TZS (1 USD) |
Tomatoes (1 KG) | 2 PAB (2 USD) | 2,000 TZS (0.80 USD) |
Potatoes (1 KG) | 1 PAB (1 USD) | 1,500 TZS (0.60 USD) |
Lemons (1 KG) | 2.50 PAB (2.50 USD) | 3,000 TZS (1.20 USD) |
Onions (1 KG) | 1.50 PAB (1.50 USD) | 1,500 TZS (0.60 USD) |
Lentils (1 KG) | 2.50 PAB (2.50 USD) | 2,500 TZS (1 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 2.29 times more for Fruits and Vegetables.
Indicators | Panama | Tanzania |
---|---|---|
Meal at a Resonable Restaurant | 12 PAB (12 USD) | 10,000 TZS (4 USD) |
Three-Course Meal for Two | 30 PAB (30 USD) | 40,000 TZS (16 USD) |
Fast Food Combo Meal | 6 PAB (6 USD) | 5,000 TZS (2 USD) |
Normal Coffee | 2.50 PAB (2.50 USD) | 1,500 TZS (0.60 USD) |
Soft Drink | 1.50 PAB (1.50 USD) | 1,000 TZS (0.40 USD) |
Pizza for One | 12 PAB (12 USD) | 8,000 TZS (3.20 USD) |
Take-Out Delivery Meal | 10 PAB (10 USD) | 6,000 TZS (2.40 USD) |
Cigarette Pack of 20 | 6 PAB (6 USD) | 4,000 TZS (1.60 USD) |
Dining-Out costs 164.90% more in Panama compared to Tanzania.
Indicators | Panama | Tanzania |
---|---|---|
Wine Mid-Range Bottle | 15 PAB (15 USD) | 20,000 TZS (8 USD) |
Glass of Wine | 6 PAB (6 USD) | 5,000 TZS (2 USD) |
Domestic Beer Half Liter | 2.50 PAB (2.50 USD) | 2,000 TZS (0.80 USD) |
Imported Beer Half Liter | 4 PAB (4 USD) | 3,000 TZS (1.20 USD) |
Domestic Alcohol 1 Liter | 15 PAB (15 USD) | 15,000 TZS (6 USD) |
Branded Alcohol 1 Liter | 25 PAB (25 USD) | 25,000 TZS (10 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 2.41 times more for usual hard drinks.
Indicators | Panama | Tanzania |
---|---|---|
Monthly Public Transportation Pass | 50 PAB (50 USD) | 30,000 TZS (12 USD) |
Single Public Transportation Ticket | 1.50 PAB (1.50 USD) | 500 TZS (0.20 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 100 PAB (100 USD) | 250,000 TZS (100 USD) |
Taxi Start Fare | 3 PAB (3 USD) | 2,000 TZS (0.80 USD) |
Taxi Rate Per Kilometer | 1.50 PAB (1.50 USD) | 1,000 TZS (0.40 USD) |
Car Rental Per Day | 30 PAB (30 USD) | 60,000 TZS (24 USD) |
Parking Fees in City Center Per Hour | 2 PAB (2 USD) | 1,000 TZS (0.40 USD) |
Parking Fees outside City Center Per Hour | 1 PAB (1 USD) | 500 TZS (0.20 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 1.37 times more for transportation.
Indicators | Panama | Tanzania |
---|---|---|
Reasonable Vehicle Purchase Cost | 15,000 PAB (15,000 USD) | 15,000,000 TZS (6,000 USD) |
Vehicle Registration Cost | 80 PAB (80 USD) | 50,000 TZS (20 USD) |
Driving License Fees | 50 PAB (50 USD) | 50,000 TZS (20 USD) |
Car Insurance Cost | 400 PAB (400 USD) | 200,000 TZS (80 USD) |
Car Maintenance Cost | 150 PAB (150 USD) | 50,000 TZS (20 USD) |
Car Loan Interest Rates | 6 % | 15 % |
Fuel Per Liter | 1.20 PAB (1.20 USD) | 2,500 TZS (1 USD) |
Fuel Per Gallon | 4.50 PAB (4.50 USD) | 10,000 TZS (4 USD) |
Average Toll Fees | 5 PAB 5 USD | Yet to Update |
You would have to pay 2.55 times more for Vehicle purchase, daily operation and maintenance in Panama compared to that of Tanzania.
Indicators | Panama | Tanzania |
---|---|---|
Doctor Visit | 50 PAB (50 USD) | 50,000 TZS (20 USD) |
Specialist Visit | 100 PAB (100 USD) | 80,000 TZS (32 USD) |
Dentist Visit | 70 PAB (70 USD) | 60,000 TZS (24 USD) |
Eye Exam | 50 PAB (50 USD) | 30,000 TZS (12 USD) |
Mental Health Counseling | 100 PAB (100 USD) | 70,000 TZS (28 USD) |
Preventive Health Screening | 50 PAB (50 USD) | 20,000 TZS (8 USD) |
Physical Therapy | 75 PAB (75 USD) | 50,000 TZS (20 USD) |
Emergency Room Visit | 300 PAB (300 USD) | 70,000 TZS (28 USD) |
Hospital Stay Per Night | 150 PAB (150 USD) | 150,000 TZS (60 USD) |
Vaccinations | 30 PAB (30 USD) | 10,000 TZS (4 USD) |
Prescription Medication | 20 PAB (20 USD) | 10,000 TZS (4 USD) |
Over the Counter Medication | 10 PAB (10 USD) | 5,000 TZS (2 USD) |
Health Insurance Premiums | 150 PAB (150 USD) | 150,000 TZS (60 USD) |
Health Insurance Deductibles | 75 PAB (75 USD) | 300,000 TZS (120 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 2.91 times more for Health and Medical Treatment.
Indicators | Panama | Tanzania |
---|---|---|
Cosmetic Procedures | 200 PAB (200 USD) | 300,000 TZS (120 USD) |
Spa Treatment | 75 PAB (75 USD) | 100,000 TZS (40 USD) |
Manicure Pedicure Cost | 30 PAB (30 USD) | 25,000 TZS (10 USD) |
Optical Glasses Cost | 80 PAB (80 USD) | 50,000 TZS (20 USD) |
Contact Lenses Cost | 40 PAB (40 USD) | 30,000 TZS (12 USD) |
Haircuts | 15 PAB (15 USD) | 15,000 TZS (6 USD) |
Hair Coloring | 40 PAB (40 USD) | 50,000 TZS (20 USD) |
Shampoo Price | 5 PAB (5 USD) | 5,000 TZS (2 USD) |
Toothpaste Price | 2 PAB (2 USD) | 2,000 TZS (0.80 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 2.11 times more for Personal Care Items and Treatment.
Indicators | Panama | Tanzania |
---|---|---|
Pair of Nike Running Shoes | 80 PAB (80 USD) | 200,000 TZS (80 USD) |
Men's Shirt | 25 PAB (25 USD) | 30,000 TZS (12 USD) |
Women's Dress | 40 PAB (40 USD) | 80,000 TZS (32 USD) |
Summer Dress | 30 PAB (30 USD) | 40,000 TZS (16 USD) |
Men's Suit | 100 PAB (100 USD) | 600,000 TZS (240 USD) |
Men's Jeans | 40 PAB (40 USD) | 80,000 TZS (32 USD) |
Women's Jeans | 30 PAB (30 USD) | 60,000 TZS (24 USD) |
Men's Formal Shoes | 80 PAB (80 USD) | 100,000 TZS (40 USD) |
Women's Formal Shoes | 80 PAB (80 USD) | 100,000 TZS (40 USD) |
Men's Casual Shoes | 50 PAB (50 USD) | 70,000 TZS (28 USD) |
Women's Casual Shoes | 50 PAB (50 USD) | 70,000 TZS (28 USD) |
Underwear For Men | 8 PAB (8 USD) | 10,000 TZS (4 USD) |
Underwear For Women | 12 PAB (12 USD) | 10,000 TZS (4 USD) |
Socks For Men | 3 PAB (3 USD) | 2,000 TZS (0.80 USD) |
Socks For Women | 3 PAB (3 USD) | 2,000 TZS (0.80 USD) |
Wintercoat for Adults | 80 PAB (80 USD) | 80,000 TZS (32 USD) |
Sportswear | 40 PAB (40 USD) | 40,000 TZS (16 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 1.19 times more for Clothing and Footwear for Adults.
Indicators | Panama | Tanzania |
---|---|---|
Children's Jeans | 20 PAB (20 USD) | 30,000 TZS (12 USD) |
Children's Normal Sneakers | 30 PAB (30 USD) | 40,000 TZS (16 USD) |
Children's Winter Coat | 40 PAB (40 USD) | 50,000 TZS (20 USD) |
Daycare for Infant | 200 PAB (200 USD) | 100,000 TZS (40 USD) |
Daycare for Toddler | 150 PAB (150 USD) | 80,000 TZS (32 USD) |
Childcare for Sick Days | 30 PAB (30 USD) | 40,000 TZS (16 USD) |
Early Childhood Education Programs | 150 PAB (150 USD) | 200,000 TZS (80 USD) |
Extra Curricular Activities | 100 PAB (100 USD) | 50,000 TZS (20 USD) |
Summer Camp for Kids | 150 PAB (150 USD) | 100,000 TZS (40 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 3.15 times more for Childcare and kids clothing.
Indicators | Panama | Tanzania |
---|---|---|
PreSchool Fees | 250 PAB (250 USD) | 120,000 TZS (48 USD) |
Primary School Fees | 400 PAB (400 USD) | 200,000 TZS (80 USD) |
Secondary School Fees | 600 PAB (600 USD) | 250,000 TZS (100 USD) |
Private School Fees | 1,000 PAB (1,000 USD) | 500,000 TZS (200 USD) |
University Tuition Fees | 2,500 PAB (2,500 USD) | 1,200,000 TZS (480 USD) |
University Private Tuition Fees | 3,500 PAB (3,500 USD) | 2,000,000 TZS (800 USD) |
After School Activities | 75 PAB (75 USD) | 50,000 TZS (20 USD) |
Special Education Services | 200 PAB (200 USD) | 80,000 TZS (32 USD) |
Tutoring | 30 PAB (30 USD) | 40,000 TZS (16 USD) |
Textbooks Cost | 50 PAB (50 USD) | 50,000 TZS (20 USD) |
School Supplies | 30 PAB (30 USD) | 20,000 TZS (8 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 4.79 times more for school and education.
Indicators | Panama | Tanzania |
---|---|---|
Movie Ticket (Single) | 8 PAB (8 USD) | 10,000 TZS (4 USD) |
Theater Ticket (Single) | 15 PAB (15 USD) | 25,000 TZS (10 USD) |
Concert Ticket (Single) | 25 PAB (25 USD) | 30,000 TZS (12 USD) |
Sports Event Ticket (Single) | 15 PAB (15 USD) | 20,000 TZS (8 USD) |
Gym Membership | 40 PAB (40 USD) | 50,000 TZS (20 USD) |
Swimming Pool Access | 25 PAB (25 USD) | 40,000 TZS (16 USD) |
Museum Entry Ticket | 8 PAB (8 USD) | 5,000 TZS (2 USD) |
Zoo Entry Ticket | 12 PAB (12 USD) | 10,000 TZS (4 USD) |
Amusement Park Entry Ticket | 20 PAB (20 USD) | 20,000 TZS (8 USD) |
Bowling | 15 PAB (15 USD) | 10,000 TZS (4 USD) |
Mini Golf | 12 PAB (12 USD) | 15,000 TZS (6 USD) |
Video Games | 40 PAB (40 USD) | 150,000 TZS (60 USD) |
Streaming Services | 12 PAB (12 USD) | 20,000 TZS (8 USD) |
Outdoor Equipment Rental | 15 PAB (15 USD) | 50,000 TZS (20 USD) |
Theme Park Annual Pass | 500 PAB (500 USD) | 150,000 TZS (60 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 3.15 times more for entertainment, recreation and fun activities.
Indicators | Panama | Tanzania |
---|---|---|
Language Classes | 150 PAB (150 USD) | 50,000 TZS (20 USD) |
Parenting Classes | 150 PAB (150 USD) | 30,000 TZS (12 USD) |
Art Classes | 25 PAB (25 USD) | 30,000 TZS (12 USD) |
Fitness Classes | 25 PAB (25 USD) | 20,000 TZS (8 USD) |
Music Lessons | 30 PAB (30 USD) | 50,000 TZS (20 USD) |
Dance Lessons | 30 PAB (30 USD) | 40,000 TZS (16 USD) |
Reading Materials for Classes | 8 PAB (8 USD) | 5,000 TZS (2 USD) |
Educational Software | 150 PAB (150 USD) | 20,000 TZS (8 USD) |
If you lived in Panama, instead of Tanzania, you would have to pay 5.80 times more for Private Classes.
Indicators | Panama | Tanzania |
---|---|---|
Average Gross Monthly Salary | 1,500 PAB (1,500 USD) | 1,000,000 TZS (400 USD) |
Average Net Monthly Salary | 1,200 PAB (1,200 USD) | 750,000 TZS (300 USD) |
Minimum Wages | 20 PAB per hour (20 USD) | 20,000 TZS per hour (8 USD) |
Average Bonus | 150 PAB (150 USD) | 100,000 TZS (40 USD) |
Income Tax Rate | 0 to 7 % | 0 to 18 % |
Social Security Contributions | 9 % | 10 % |
Pension Contributions | 10 % | 5 % |
Cost of Living Index | 50 | 35 |
Median Household Income | 1,200 PAB (1,200 USD) | 800,000 TZS (320 USD) |
If you lived in Panama, you would earn 3.81 times more salary as compared to Tanzania.
Indicators | Panama | Tanzania |
---|---|---|
Legal Consultation Per Hour Rate | 100 PAB (100 USD) | 50,000 TZS (20 USD) |
Accounting Services Per Hour Rate | 80 PAB (80 USD) | 40,000 TZS (16 USD) |
IT Support Services Per Hour Rate | 80 PAB (80 USD) | 30,000 TZS (12 USD) |
Technician Services Per Hour Rate | 60 PAB (60 USD) | 20,000 TZS (8 USD) |
Professional Services cost 5.71 times more in Panama, as compared to Tanzania.
We hope you enjoyed the detailed guide on the cost of living comparsion between Panama and Tanzania.
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.