Belo Horizonte vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Belo Horizonte Panama City
🚶 Cost of living one person
$768
$1479
👨‍👩‍👧‍👦 Cost of living Family
$1890
$3609
🏠 One person rent
$341
$846
🏘️ Family rent
$550
$1592
🍽️ Food expenses
$238
$440
🚐 Transport expenses
$106
$83
💳 Monthly salary after tax
$373
$967
😷 Air quality
Good
Good
✈️ Airport proximity
5 km
7 km
🎓 Higher education
63
42
😀 Quality of life
59
67
🏙️ Population
2.32M
881K

The cost of living in Belo Horizonte is 48% less expensive than in Panama City. Cities ranked 6579th and 3517th ($768 vs $1479) in the list of the most expensive cities in the world and ranked 7th 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 0.7 months in Panama City. Belo Horizonte ranked 5th best city to live in Brazil vs Panama City ranked 1st in Panama, while ranked 5438th and 3734th 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
$4.88
$10.4
🥂 Dinner in a Restaurant, for 2
$29
$48.5
🥪 Fast food meal, equiv. McDonald's
$6.36
$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.96
$2.97
☕ Cappuccino
$1.86
$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.94
$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$375
$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$243
$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$630
$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$406
$1344
🔌 Utility Bill one person, electricity, heating, water, etc.
$52.1
$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$79.8
$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.3
$45.4
🏦 Mortgage Interest Rate for 20 Years
10.91%
6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1419
$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$830
$1632
Transportation
🚌 Local transport ticket
$0.99
$0.42
🎟️ Monthly ticket local transport
$39.4
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$8.51
$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.01
$0.96
Groceries
🥛 Milk, 1 L or 1 qt
$0.86
$1.8
🍞 Bread, 0.5 kg or 1.1 lb
$1.21
$2.19
🍚 Rice, 1 kg or 2.2 lb
$1.24
$2.33
🥚 Eggs, x12
$1.94
$2.77
🧀 Cheese, 1 kg or 2.2 lb
$8.09
$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.46
$7.09
🥩 Round Steak, 1 kg or 2.2 lb
$7.14
$9.99
🍏 Apples, 1 kg or 2.2 lb
$2.23
$3.44
🍌 Banana, 1 kg or 2.2 lb
$1.27
$1.58
🍊 Oranges, 1 kg or 2.2 lb
$1.1
$2.89
🍅 Tomato, 1 kg or 2.2 lb
$1.33
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.15
$2.23
🧅 Onion, 1 kg or 2.2 lb
$0.83
$2.8
🌊 Water, 1 L or 1 qt
$0.41
$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.7
$2.31
🍾 Wine (mid-priced), 750 mL bottle
$7.22
$10
🍺 Beer, 0.5 L or 16 fl oz
$1.12
$1.29
🚬 Cigarette pack
$1.95
$5.98
💊 Cold medicince, 1 week
$5.08
$11.7
🧴 Hair Shampoo
$3.76
$7.94
🧻 Toilet paper, 4 rolls
$1.41
$3.37
👄 Toothpaste, 1 tube
$1.17
$3.71
Other
🏋️ Gym Membership, 1 month
$24
$45.3
🎫 Cinema Ticket, 1 person
$5.65
$7.22
👩‍⚕️ Doctor's visit
$43.4
$54.5
💇 Haircut, simple
$8.06
$12.9
👖 Brand Jeans
$51.6
$56.8
👟 Brand Sneakers
$72
$93.2
👶 Daycare or Preschool, 1 month
$351
$477
🏫 International Primary School, 1 year
$6817
$13616

Cost of living in other countries

Belo HorizontePanama City

Cost of living

$349

$907

$6.64K

More cities to compare

Cost of Living in the nearest cities

Cities near Belo Horizonte

Distance City Cost of living
12 km or 7.4 mi Contagem
$532
15 km or 9.2 mi Nova Lima
$627
22 km or 14 mi Vespasiano
$609
57 km or 35 mi Sete Lagoas
$412
69 km or 43 mi Itauna
$558
72 km or 45 mi Ouro Preto
$550
87 km or 54 mi Conselheiro Lafaiete
$602
102 km or 63 mi Divinopolis
$568
123 km or 77 mi Ponte Nova
$562
136 km or 85 mi Curvelo
$571
142 km or 88 mi Sao Joao del-Rei
$505
147 km or 91 mi Vicosa
$584
149 km or 93 mi Barbacena
$487
155 km or 96 mi Ipatinga
$457
167 km or 104 mi Formiga
$580
172 km or 107 mi Uba
$563
190 km or 118 mi Caratinga
$563
191 km or 119 mi Lavras
$503
215 km or 133 mi Muriae
$584
216 km or 134 mi Juiz de Fora
$462
239 km or 149 mi Governador Valadares
$471
240 km or 149 mi Varginha
$449
242 km or 151 mi Tres Coracoes
$523
269 km or 167 mi Alfenas
$483
291 km or 181 mi Resende
$572
292 km or 182 mi Passos
$536
293 km or 182 mi Volta Redonda
$522
296 km or 184 mi Barra Mansa
$537
298 km or 185 mi Teresopolis
$546
301 km or 187 mi Petropolis
$587
304 km or 189 mi Nova Friburgo
$474
306 km or 190 mi Patos de Minas
$599
314 km or 195 mi Cachoeiro de Itapemirim
$572
315 km or 196 mi Araxa
$529
316 km or 197 mi Cruzeiro
$595
322 km or 200 mi Itajuba
$518
323 km or 201 mi Nova Iguacu
$562
324 km or 202 mi Belford Roxo
$769
328 km or 204 mi Duque de Caxias
$614
329 km or 205 mi Sao Joao de Meriti
$622

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1328
16 km or 9.9 mi Tocumen
$1310
26 km or 16 mi Pacora
$1304
34 km or 21 mi La Chorrera
$957
59 km or 37 mi Colon
$1172
108 km or 67 mi Penonome
$1116
154 km or 96 mi Chitre
$1117
190 km or 118 mi Santiago de Veraguas
$1089
321 km or 199 mi Turbo
$664
329 km or 204 mi David
$890
398 km or 247 mi Monteria
$645
403 km or 250 mi Limon
$1225
406 km or 252 mi Santa Cruz de Lorica
$669
452 km or 281 mi Sincelejo
$524
463 km or 288 mi Cartagena
$760
483 km or 300 mi Quibdo
$705
494 km or 307 mi Cartago
$1024
513 km or 319 mi San Jose
$1324
518 km or 322 mi Heredia
$1296
521 km or 324 mi Magangue
$604
526 km or 327 mi Bello
$839
529 km or 329 mi Alajuela
$1269
530 km or 329 mi Medellin
$906
534 km or 332 mi Envigado
$897
558 km or 347 mi Soledad
$741
559 km or 348 mi Barranquilla
$773
595 km or 370 mi Puntarenas
$801
617 km or 383 mi Cartago
$649
617 km or 383 mi Cienaga
$742
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1213
627 km or 390 mi Pereira
$680
631 km or 392 mi Santa Marta
$837
632 km or 393 mi Buenaventura
$742
636 km or 395 mi Minca
$759
651 km or 404 mi Salento
$605
652 km or 405 mi Armenia
$598
657 km or 408 mi Tulua
$513
658 km or 409 mi Barrancabermeja
$1031
675 km or 419 mi Liberia
$932