Question 1

How far does your money go in Juan Díaz compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 2.3x further in Juan Díaz. We are using the country-level cost index for Panama here because a defensible city-level aggregate index is not available yet.

Question 2

Is Juan Díaz cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 55% cheaper than New York City for Juan Díaz. We are using the country-level cost index for Panama here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Juan Díaz compare with New York City?

Accepted Answer

Rent are about 77% cheaper than New York City in Juan Díaz. We are using the country-level cost index for Panama here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Juan Díaz?

Accepted Answer

Groceries are about 49% cheaper than New York City and restaurant prices are about 57% cheaper than New York City. We are using the country-level cost index for Panama here because a defensible city-level aggregate index is not available yet.

Juan Díaz, Panama

Purchasing Power vs. United States

How Far Your Money Goes

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