Panama City no longer the deal it was a few years ago, living costs rising steadily in Latin America

Economy

Panama City is the most expensive Latin American city in the world, followed by Buenos Aires and Santiago de Chile, according to the benchmark index of the Swiss bank UBS published today, which places Zurich in the first position of the most expensive cities, ahead of Geneva and Oslo.

The report, published since 1971 and in its seventeenth edition, compares the prices and salaries of 77 international cities by evaluating 128 prices of various goods and services, as well as the average income of 15 professions representing the average active population.

In the global ranking, Panama City is ranked twenty-first in the most expensive cities in the world behind the first three, Copenhagen, New York, Tokyo, Milan, London, Chicago, Helsinki, Sydney, Paris, Auckland, Stockholm, Luxembourg, Seoul, Dublin, Brussels, Tel Aviv and Los Angeles.

Panama City is followed a certain distance by Buenos Aires, which is ranked 45, Santiago de Chile (49), Sao Paulo (52), Rio de Janeiro (56), Lima (61), Bogotá (65) and Ciudad from Mexico (69)

The Spanish cities Madrid and Barcelona are placed in positions 34 and 40, respectively by high cost.

READ MORE:http://laestrella.com.pa/economia/ciudad-panama-entre-ciudades-caras-latinoamerica/24065503

No Comments

Leave a Reply

Your email address will not be published.

Conservation
Vulnerable PANAMANIAN species added to illegal poaching concern

Case of crime against wildlife of male Pavón in Tortí is clarified COURTESY MYENVIRONMENTThe male Curassow species while being captured. (Illustrative) Thursday, September 29, 2022 – 6:50 a.m. Ireland Sotillo irlanda.sotillo@elsiglo.com.pa MiAmbiente sends explanatory note about viral video about illegal hunting of the bird known as “Pavón macho”. The Ministry of …

Economy
PANAMA job market is reaching point of tipping over.

“I have been out of work for four months. I’m looking for anything. The situation is very difficult!” exclaimed Jackeline Aguilar almost bursting into tears, as sweat ran down her pink cheeks due to the sweltering sun. The almost 40-year-old woman is among the more than 30,000 attendees who came from …

Environmental
Lots of “Good News”. then why do things feel like a shit show?

https://elsiglo-com-pa.translate.goog/panama/secretaria-energia-siemens-energy-unen-para-impulsar-proyecto-hidrogeno-verde-panama/24210494?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&_x_tr_sch=http They signed a memorandum of understanding, this Thursday, September 29, at the eighth meeting of the National Energy Transition Council The National Energy Secretariat (SNE) and Siemens Energy signed a memorandum of understanding classified as “historic”, with the purpose of promoting the Green Hydrogen initiative in Panama. The signing …