Belo Horizonte vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Belo Horizonte Panama City
🚶 Cost of living one person
$875
$1583
👨‍👩‍👧‍👦 Cost of living Family
$2166
$3567
🏠 One person rent
$390
$976
🏘️ Family rent
$654
$1633
🍽️ Food expenses
$269
$432
🚐 Transport expenses
$120
$69.1
💳 Monthly salary after tax
$465
$936
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
5 km
7 km
🎓 Higher education
64
42
😀 Quality of life
64
69
🏙️ Population
2.32M
410K

The cost of living in Belo Horizonte is 45% less expensive than in Panama City. Cities ranked 6468th and 3744th ($875 vs $1583) in the list of the most expensive cities in the world and ranked 11th and 1st in Brazil and Panama, respectively. Check Brazil vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.5 months in Belo Horizonte compared to 0.6 months in Panama City. Belo Horizonte ranked 14th best city to live in Brazil vs Panama City ranked 1st in Panama, while ranked 5495th and 4400th among best cities to live in the world.

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Prices in Belo Horizonte vs Panama City

Prices for goods and services in Belo Horizonte and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Belo Horizonte Panama City
Eating Out
🍱 Lunch Menu
$5.44
$10.6
🥂 Dinner in a Restaurant, for 2
$32.3
$45.3
🥪 Fast food meal, equiv. McDonald's
$7.42
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.23
$2.97
☕ Cappuccino
$2.3
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.07
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$446
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$274
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$781
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$479
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$59.3
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$92.7
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$21.9
$45.4
🏦 Mortgage Interest Rate for 20 Years
11.18%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1804
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$926
$1725
Transportation
🚌 Local transport ticket
$1.09
$0.35
🎟️ Monthly ticket local transport
$50.8
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$8.07
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.19
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$0.95
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$1.44
$2.23
🍚 Rice, 1 kg or 2.2 lb
$1.56
$2.33
🥚 Eggs, x12
$2.21
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$9.84
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.36
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$7.93
$9.64
🍏 Apples, 1 kg or 2.2 lb
$2.35
$3.53
🍌 Banana, 1 kg or 2.2 lb
$1.35
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$1.24
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$1.36
$3.03
🥔 Potato, 1 kg or 2.2 lb
$1.05
$2.46
🧅 Onion, 1 kg or 2.2 lb
$0.95
$3.74
🌊 Water, 1 L or 1 qt
$0.5
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.12
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$8.18
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$1.26
$1.44
🚬 Cigarette pack
$2.3
$6.04
💊 Cold medicince, 1 week
$4.36
$8.16
🧴 Hair Shampoo
$4.34
$8.03
🧻 Toilet paper, 4 rolls
$1.88
$2.96
👄 Toothpaste, 1 tube
$1.33
$3.04
Other
🏋️ Gym Membership, 1 month
$25.9
$42.8
🎫 Cinema Ticket, 1 person
$7.07
$7.3
👩‍⚕️ Doctor's visit
$47.8
$50.2
💇 Haircut, simple
$10.4
$14.5
👖 Brand Jeans
$58.2
$53.6
👟 Brand Sneakers
$84.2
$91.3
👶 Daycare or Preschool, 1 month
$394
$503
🏫 International Primary School, 1 year
$7813
$13402

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Cost of Living in the nearest cities

Cities near Belo Horizonte

Distance City Cost of living
12 km or 7.4 mi Contagem
$596
15 km or 9.2 mi Nova Lima
$651
22 km or 14 mi Vespasiano
$628
57 km or 35 mi Sete Lagoas
$444
69 km or 43 mi Itauna
$629
72 km or 45 mi Ouro Preto
$578
87 km or 54 mi Conselheiro Lafaiete
$679
102 km or 63 mi Divinopolis
$626
123 km or 77 mi Ponte Nova
$631
136 km or 85 mi Curvelo
$642
142 km or 88 mi Sao Joao del-Rei
$568
147 km or 91 mi Vicosa
$643
149 km or 93 mi Barbacena
$565
155 km or 96 mi Ipatinga
$538
167 km or 104 mi Formiga
$654
172 km or 107 mi Uba
$625
190 km or 118 mi Caratinga
$636
191 km or 119 mi Lavras
$562
215 km or 133 mi Muriae
$585
216 km or 134 mi Juiz de Fora
$600
239 km or 149 mi Governador Valadares
$523
240 km or 149 mi Varginha
$505
242 km or 151 mi Tres Coracoes
$594
269 km or 167 mi Alfenas
$549
291 km or 181 mi Resende
$652
292 km or 182 mi Passos
$609
293 km or 182 mi Volta Redonda
$576
296 km or 184 mi Barra Mansa
$600
298 km or 185 mi Teresopolis
$537
301 km or 187 mi Petropolis
$782
304 km or 189 mi Nova Friburgo
$482
306 km or 190 mi Patos de Minas
$664
314 km or 195 mi Cachoeiro de Itapemirim
$648
315 km or 196 mi Araxa
$586
316 km or 197 mi Cruzeiro
$672
322 km or 200 mi Itajuba
$565
323 km or 201 mi Nova Iguacu
$632
324 km or 202 mi Belford Roxo
$851
328 km or 204 mi Duque de Caxias
$648
329 km or 205 mi Sao Joao de Meriti
$681

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957