Cost of living in David
David, the capital of the Chiriquí Province in Panama, offers a unique blend of urban and rural living. Understanding the cost of living in David is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you budget effectively and make informed decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5, with no variation in price.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $36, with prices ranging from $30 to $40.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.75, with a range between $6.5 and $7.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1 to $2, imported beer $1.5 to $3, cappuccino $1.5 to $4.15, and Coke/Pepsi $1 to $1.75.
Grocery Prices
- Milk - Milk is priced between $0.92 and $1.79 per liter, averaging $1.75.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $2.25, with an average price of $2.14.
- Eggs (Dozen) - A dozen eggs range from $1.18 to $2.4, averaging $2.26.
- Fruits (e.g., Apples) - Apples cost $7.72 per kg.
- Vegetables (e.g., Lettuce) - Lettuce is priced between $0.75 and $2 per head, averaging $1.38.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.75.
- Fuel (Gasoline) - Gasoline is priced between $0.91 and $1.17 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.86 to $3 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $350.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent also averages $350.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $700.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $600.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $35 and $300, averaging $128.33.
- Internet - Internet services range from $30 to $55, with an average cost of $43.33.
Cost of Living Rankings
The cost of living indices for Panama are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Panama, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Rent Per Month
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Utilities (Monthly)
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Sports And Leisure
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Salaries And Financing
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Childcare
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"Key Takeaways"
David, Panama, offers a relatively affordable cost of living, especially in terms of housing and dining.
Public transportation and utilities are also reasonably priced, making it an attractive option for those looking to balance cost with quality of life.
Grocery prices vary, with some items like apples being more expensive, but staples like bread and eggs remain affordable.
Conclusion
In conclusion, David provides a cost-effective living environment with affordable housing and dining options.
While some grocery items may be pricier, the overall cost of living remains manageable, making it a viable choice for individuals and families alike.
Prospective residents should consider these factors when planning their move to ensure a smooth transition to life in David.