Belo Horizonte vs Panama City - Cost of Living Comparison

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Livingcost

Belo Horizonte Panama City
🚶 Cost of living one person
$809
$1560
👨‍👩‍👧‍👦 Cost of living Family
$2028
$3547
🏠 One person rent
$350
$943
🏘️ Family rent
$608
$1558
🍽️ Food expenses
$254
$429
🚐 Transport expenses
$115
$78.4
💳 Monthly salary after tax
$409
$982
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
5 km
7 km
🎓 Higher education
63
43
😀 Quality of life
63
71
🏙️ Population
2.32M
410K

The cost of living in Belo Horizonte is 48% less expensive than in Panama City. Cities ranked 6633rd and 3737th ($809 vs $1560) in the list of the most expensive cities in the world and ranked 14th 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 7th best city to live in Brazil vs Panama City ranked 1st in Panama, while ranked 5520th and 3765th 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
$4.98
$10.6
🥂 Dinner in a Restaurant, for 2
$30.2
$45.7
🥪 Fast food meal, equiv. McDonald's
$6.8
$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.17
$2.93
☕ Cappuccino
$2.17
$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.02
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$389
$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$248
$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$694
$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$458
$1306
🔌 Utility Bill one person, electricity, heating, water, etc.
$53.3
$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$82
$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.4
$45.5
🏦 Mortgage Interest Rate for 20 Years
10.89%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1567
$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$812
$1618
Transportation
🚌 Local transport ticket
$0.94
$0.35
🎟️ Monthly ticket local transport
$44.3
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$8.93
$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.11
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$0.89
$1.79
🍞 Bread, 0.5 kg or 1.1 lb
$1.36
$2.25
🍚 Rice, 1 kg or 2.2 lb
$1.35
$2.11
🥚 Eggs, x12
$2.21
$3.17
🧀 Cheese, 1 kg or 2.2 lb
$9.64
$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.95
$6.81
🥩 Round Steak, 1 kg or 2.2 lb
$7.56
$9.86
🍏 Apples, 1 kg or 2.2 lb
$2.29
$3.27
🍌 Banana, 1 kg or 2.2 lb
$1.28
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$1.17
$3.27
🍅 Tomato, 1 kg or 2.2 lb
$1.39
$3.05
🥔 Potato, 1 kg or 2.2 lb
$1.14
$2.34
🧅 Onion, 1 kg or 2.2 lb
$0.92
$3.26
🌊 Water, 1 L or 1 qt
$0.49
$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.01
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$7.86
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$1.12
$1.38
🚬 Cigarette pack
$2.13
$5.92
💊 Cold medicince, 1 week
$4.45
$8.17
🧴 Hair Shampoo
$4.08
$8.06
🧻 Toilet paper, 4 rolls
$1.86
$2.98
👄 Toothpaste, 1 tube
$1.33
$3.05
Other
🏋️ Gym Membership, 1 month
$24.7
$42.6
🎫 Cinema Ticket, 1 person
$6.66
$7.32
👩‍⚕️ Doctor's visit
$43.3
$58.4
💇 Haircut, simple
$9.68
$14.3
👖 Brand Jeans
$54.3
$54
👟 Brand Sneakers
$79.4
$91.3
👶 Daycare or Preschool, 1 month
$346
$477
🏫 International Primary School, 1 year
$6783
$15637

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
$565
15 km or 9.2 mi Nova Lima
$582
22 km or 14 mi Vespasiano
$563
57 km or 35 mi Sete Lagoas
$412
69 km or 43 mi Itauna
$582
72 km or 45 mi Ouro Preto
$526
87 km or 54 mi Conselheiro Lafaiete
$644
102 km or 63 mi Divinopolis
$590
123 km or 77 mi Ponte Nova
$586
136 km or 85 mi Curvelo
$600
142 km or 88 mi Sao Joao del-Rei
$541
147 km or 91 mi Vicosa
$618
149 km or 93 mi Barbacena
$540
155 km or 96 mi Ipatinga
$502
167 km or 104 mi Formiga
$613
172 km or 107 mi Uba
$597
190 km or 118 mi Caratinga
$599
191 km or 119 mi Lavras
$530
215 km or 133 mi Muriae
$613
216 km or 134 mi Juiz de Fora
$550
239 km or 149 mi Governador Valadares
$494
240 km or 149 mi Varginha
$492
242 km or 151 mi Tres Coracoes
$559
269 km or 167 mi Alfenas
$513
291 km or 181 mi Resende
$603
292 km or 182 mi Passos
$568
293 km or 182 mi Volta Redonda
$539
296 km or 184 mi Barra Mansa
$557
298 km or 185 mi Teresopolis
$498
301 km or 187 mi Petropolis
$706
304 km or 189 mi Nova Friburgo
$445
306 km or 190 mi Patos de Minas
$624
314 km or 195 mi Cachoeiro de Itapemirim
$621
315 km or 196 mi Araxa
$552
316 km or 197 mi Cruzeiro
$631
322 km or 200 mi Itajuba
$536
323 km or 201 mi Nova Iguacu
$590
324 km or 202 mi Belford Roxo
$810
328 km or 204 mi Duque de Caxias
$653
329 km or 205 mi Sao Joao de Meriti
$648

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1400
16 km or 9.9 mi Tocumen
$1377
26 km or 16 mi Pacora
$1371
34 km or 21 mi La Chorrera
$981
59 km or 37 mi Colon
$1188
108 km or 67 mi Penonome
$1150
154 km or 96 mi Chitre
$1150
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$721
329 km or 204 mi David
$925
398 km or 247 mi Monteria
$663
403 km or 250 mi Limon
$1288
406 km or 252 mi Santa Cruz de Lorica
$715
452 km or 281 mi Sincelejo
$547
463 km or 288 mi Cartagena
$1105
483 km or 300 mi Quibdo
$708
494 km or 307 mi Cartago
$1241
513 km or 319 mi San Jose
$1398
518 km or 322 mi Heredia
$1335
521 km or 324 mi Magangue
$667
526 km or 327 mi Bello
$881
529 km or 329 mi Alajuela
$1303
530 km or 329 mi Medellin
$1030
534 km or 332 mi Envigado
$950
558 km or 347 mi Soledad
$883
559 km or 348 mi Barranquilla
$843
595 km or 370 mi Puntarenas
$821
617 km or 383 mi Cartago
$679
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$678
627 km or 390 mi Santa Teresa
$1236
627 km or 390 mi Pereira
$730
631 km or 392 mi Santa Marta
$929
632 km or 393 mi Buenaventura
$782
636 km or 395 mi Minca
$847
651 km or 404 mi Salento
$655
652 km or 405 mi Armenia
$667
657 km or 408 mi Tulua
$511
658 km or 409 mi Barrancabermeja
$1082
675 km or 419 mi Liberia
$953