Belo Horizonte vs Panama City - Cost of Living Comparison

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Livingcost

Belo Horizonte Panama City
🚶 Cost of living one person
$898
$1590
👨‍👩‍👧‍👦 Cost of living Family
$2247
$3556
🏠 One person rent
$387
$946
🏘️ Family rent
$647
$1545
🍽️ Food expenses
$286
$439
🚐 Transport expenses
$123
$100
💳 Monthly salary after tax
$598
$973
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
5 km
7 km
🎓 Higher education
64
42
😀 Quality of life
66
71
🏙️ Population
2.32M
1.54M

The cost of living in Belo Horizonte is 44% less expensive than in Panama City. Cities ranked 6263rd and 3634th ($898 vs $1590) in the list of the most expensive cities in the world and ranked 8th and 1st in Brazil and Panama, respectively. Check Brazil vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Belo Horizonte compared to 0.6 months in Panama City. Belo Horizonte ranked 11th best city to live in Brazil vs Panama City ranked 1st in Panama, while ranked 4990th and 3213th 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
$5.75
$9.69
🥂 Dinner in a Restaurant, for 2
$32.3
$45.4
🥪 Fast food meal, equiv. McDonald's
$8.06
$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.3
$2.93
☕ Cappuccino
$2.48
$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.24
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$511
$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$256
$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$805
$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$467
$1223
🔌 Utility Bill one person, electricity, heating, water, etc.
$60
$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$92.4
$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.2
$44.6
🏦 Mortgage Interest Rate for 20 Years
11.32%
6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2077
$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1065
$1732
Transportation
🚌 Local transport ticket
$1.13
$0.35
🎟️ Monthly ticket local transport
$58.2
$22.5
🚕 Taxi Ride, 8 km or 5 mi
$6.88
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.21
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$0.97
$1.83
🍞 Bread, 0.5 kg or 1.1 lb
$1.61
$2.17
🍚 Rice, 1 kg or 2.2 lb
$1.61
$2.34
🥚 Eggs, x12
$2.4
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.75
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$7.78
$10.6
🍏 Apples, 1 kg or 2.2 lb
$2.32
$3.56
🍌 Banana, 1 kg or 2.2 lb
$1.25
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.25
$3.7
🍅 Tomato, 1 kg or 2.2 lb
$1.57
$3.36
🥔 Potato, 1 kg or 2.2 lb
$1.17
$2.62
🧅 Onion, 1 kg or 2.2 lb
$0.94
$3.19
🌊 Water, 1 L or 1 qt
$0.57
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.45
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$9.18
$12.1
🍺 Beer, 0.5 L or 16 fl oz
$1.27
$1.35
🚬 Cigarette pack
$2.37
$5.95
💊 Cold medicince, 1 week
$5.05
$8.08
🧴 Hair Shampoo
$4.52
$7.95
🧻 Toilet paper, 4 rolls
$1.66
$2.92
👄 Toothpaste, 1 tube
$1.33
$3.05
Other
🏋️ Gym Membership, 1 month
$26.8
$41.9
🎫 Cinema Ticket, 1 person
$7.16
$7.52
👩‍⚕️ Doctor's visit
$50.4
$42.9
💇 Haircut, simple
$10.5
$14.5
👖 Brand Jeans
$61.8
$58.4
👟 Brand Sneakers
$93.2
$90.7
👶 Daycare or Preschool, 1 month
$430
$505
🏫 International Primary School, 1 year
$9000
$11486

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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
$607
15 km or 9.2 mi Nova Lima
$653
22 km or 14 mi Vespasiano
$631
57 km or 35 mi Sete Lagoas
$475
69 km or 43 mi Itauna
$636
72 km or 45 mi Ouro Preto
$572
87 km or 54 mi Conselheiro Lafaiete
$695
102 km or 63 mi Divinopolis
$638
123 km or 77 mi Ponte Nova
$634
136 km or 85 mi Curvelo
$659
142 km or 88 mi Sao Joao del-Rei
$584
147 km or 91 mi Vicosa
$670
149 km or 93 mi Barbacena
$568
155 km or 96 mi Ipatinga
$542
167 km or 104 mi Formiga
$669
172 km or 107 mi Uba
$634
190 km or 118 mi Caratinga
$654
191 km or 119 mi Lavras
$577
215 km or 133 mi Muriae
$566
216 km or 134 mi Juiz de Fora
$623
239 km or 149 mi Governador Valadares
$538
240 km or 149 mi Varginha
$519
242 km or 151 mi Tres Coracoes
$610
269 km or 167 mi Alfenas
$571
291 km or 181 mi Resende
$655
292 km or 182 mi Passos
$618
293 km or 182 mi Volta Redonda
$581
296 km or 184 mi Barra Mansa
$607
298 km or 185 mi Teresopolis
$546
301 km or 187 mi Petropolis
$805
304 km or 189 mi Nova Friburgo
$488
306 km or 190 mi Patos de Minas
$669
314 km or 195 mi Cachoeiro de Itapemirim
$650
315 km or 196 mi Araxa
$590
316 km or 197 mi Cruzeiro
$686
322 km or 200 mi Itajuba
$576
323 km or 201 mi Nova Iguacu
$617
324 km or 202 mi Belford Roxo
$858
328 km or 204 mi Duque de Caxias
$651
329 km or 205 mi Sao Joao de Meriti
$688

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024