Belo Horizonte vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Belo Horizonte Panama City
🚶 Cost of living one person
$861
$1316
👨‍👩‍👧‍👦 Cost of living Family
$2085
$3171
🏠 One person rent
$378
$709
🏘️ Family rent
$587
$1291
🍽️ Food expenses
$257
$426
🚐 Transport expenses
$123
$78
💳 Monthly salary after tax
$348
$901
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
5 km
7 km
🎓 Higher education
63
42
😀 Quality of life
58
67
🏙️ Population
2.53M
881K

The cost of living in Belo Horizonte is 35% less expensive than in Panama City. Cities ranked 6164th and 4138th ($861 vs $1316) in the list of the most expensive cities in the world and ranked 9th and 1st in Brazil and Panama, respectively. Check Brazil vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.4 months in Belo Horizonte compared to 0.7 months in Panama City. Belo Horizonte ranked 5th best city to live in Brazil vs Panama City ranked 1st in Panama, while ranked 5643rd and 3926th among best cities to live in the world.

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Cost of living in Belo Horizonte vs Panama City infographic

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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
$5.15
$11.5
🥂 Dinner in a Restaurant, for 2
$30.2
$51.8
🥪 Fast food meal, equiv. McDonald's
$6.79
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.04
$2.6
☕ Cappuccino
$1.87
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.13
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$404
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$274
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$639
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$436
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$58.4
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$90.7
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.8
$47.6
🏦 Mortgage Interest Rate for 20 Years
7.85%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1386
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1071
$1457
Transportation
🚌 Local transport ticket
$1.12
$0.35
🎟️ Monthly ticket local transport
$43.6
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$10.1
$12
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.1
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$0.99
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$1.35
$2.11
🍚 Rice, 1 kg or 2.2 lb
$1.44
$1.71
🥚 Eggs, x12
$2.22
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$9.87
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.88
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$7.87
$8.87
🍏 Apples, 1 kg or 2.2 lb
$2
$2.91
🍌 Banana, 1 kg or 2.2 lb
$1.29
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$1
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$1.49
$2.81
🥔 Potato, 1 kg or 2.2 lb
$1.18
$2.1
🧅 Onion, 1 kg or 2.2 lb
$0.81
$2.02
🌊 Water, 1 L or 1 qt
$0.48
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.11
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$8.34
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$1.34
$1.14
🚬 Cigarette pack
$2.16
$5.88
💊 Cold medicince, 1 week
$4.71
$9.43
🧴 Hair Shampoo
$5.31
$7.05
🧻 Toilet paper, 4 rolls
$1.97
$3.43
👄 Toothpaste, 1 tube
$1.49
$3.7
Other
🏋️ Gym Membership, 1 month
$23.2
$42
🎫 Cinema Ticket, 1 person
$5.98
$6.85
👩‍⚕️ Doctor's visit
$67.4
$48.6
💇 Haircut, simple
$7.97
$13.5
👖 Brand Jeans
$65.7
$54.3
👟 Brand Sneakers
$84.1
$86.9
👶 Daycare or Preschool, 1 month
$321
$408
🏫 International Primary School, 1 year
$6238
$9581

Cost of living in other countries

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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
$640
15 km or 9.2 mi Nova Lima
$701
22 km or 14 mi Vespasiano
$683
57 km or 35 mi Sete Lagoas
$492
69 km or 43 mi Itauna
$619
72 km or 45 mi Ouro Preto
$647
87 km or 54 mi Conselheiro Lafaiete
$680
102 km or 63 mi Divinopolis
$614
123 km or 77 mi Ponte Nova
$620
136 km or 85 mi Curvelo
$601
142 km or 88 mi Sao Joao del-Rei
$465
147 km or 91 mi Vicosa
$631
149 km or 93 mi Barbacena
$568
155 km or 96 mi Ipatinga
$529
167 km or 104 mi Formiga
$616
172 km or 107 mi Uba
$616
190 km or 118 mi Caratinga
$579
191 km or 119 mi Lavras
$579
215 km or 133 mi Muriae
$617
216 km or 134 mi Juiz de Fora
$496
239 km or 149 mi Governador Valadares
$477
240 km or 149 mi Varginha
$541
242 km or 151 mi Tres Coracoes
$591
269 km or 167 mi Alfenas
$612
291 km or 181 mi Resende
$633
292 km or 182 mi Passos
$608
293 km or 182 mi Volta Redonda
$593
296 km or 184 mi Barra Mansa
$606
298 km or 185 mi Teresopolis
$619
301 km or 187 mi Petropolis
$645
304 km or 189 mi Nova Friburgo
$531
306 km or 190 mi Patos de Minas
$621
314 km or 195 mi Cachoeiro de Itapemirim
$624
315 km or 196 mi Araxa
$609
316 km or 197 mi Cruzeiro
$638
322 km or 200 mi Itajuba
$554
323 km or 201 mi Nova Iguacu
$640
324 km or 202 mi Belford Roxo
$887
328 km or 204 mi Duque de Caxias
$688
329 km or 205 mi Sao Joao de Meriti
$710

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220