Belo Horizonte vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Belo Horizonte Panama City
🚶 Cost of living one person
$787
$1384
👨‍👩‍👧‍👦 Cost of living Family
$1919
$3435
🏠 One person rent
$345
$751
🏘️ Family rent
$550
$1474
🍽️ Food expenses
$243
$444
🚐 Transport expenses
$113
$84.4
💳 Monthly salary after tax
$356
$914
😷 Air quality
Good
Good
✈️ Airport proximity
5 km
7 km
🎓 Higher education
63
42
😀 Quality of life
58
66
🏙️ Population
2.32M
881K

The cost of living in Belo Horizonte is 43% less expensive than in Panama City. Cities ranked 6493rd and 4139th ($787 vs $1384) in the list of the most expensive cities in the world and ranked 12th 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 6th best city to live in Brazil vs Panama City ranked 1st in Panama, while ranked 5488th and 3919th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Belo Horizonte vs Panama City infographic

Share this infographic!

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
$5.13
$12.3
🥂 Dinner in a Restaurant, for 2
$28.1
$55.2
🥪 Fast food meal, equiv. McDonald's
$6.32
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2
$2.94
☕ Cappuccino
$1.87
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.05
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$385
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$245
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$622
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$406
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$52.4
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$81.1
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.6
$47.4
🏦 Mortgage Interest Rate for 20 Years
10.71%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1120
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$767
$1535
Transportation
🚌 Local transport ticket
$0.96
$0.35
🎟️ Monthly ticket local transport
$43
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$9.04
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.04
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$0.93
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$1.31
$2.12
🍚 Rice, 1 kg or 2.2 lb
$1.22
$2.08
🥚 Eggs, x12
$2.11
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$8.28
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.46
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$7.36
$10.4
🍏 Apples, 1 kg or 2.2 lb
$2.03
$3.11
🍌 Banana, 1 kg or 2.2 lb
$1.24
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$0.93
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$1.49
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.27
$2.19
🧅 Onion, 1 kg or 2.2 lb
$0.84
$2.5
🌊 Water, 1 L or 1 qt
$0.43
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.73
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$7.92
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1.24
$1.14
🚬 Cigarette pack
$1.94
$5.89
💊 Cold medicince, 1 week
$5.33
$10.5
🧴 Hair Shampoo
$3.68
$6.97
🧻 Toilet paper, 4 rolls
$1.64
$3.12
👄 Toothpaste, 1 tube
$1.18
$3.06
Other
🏋️ Gym Membership, 1 month
$24.1
$43.8
🎫 Cinema Ticket, 1 person
$5.5
$6.71
👩‍⚕️ Doctor's visit
$45.7
$49.1
💇 Haircut, simple
$8.88
$13.7
👖 Brand Jeans
$52.8
$54.3
👟 Brand Sneakers
$76
$90.2
👶 Daycare or Preschool, 1 month
$330
$437
🏫 International Primary School, 1 year
$6162
$9531

Cost of living in other countries

Cost of living

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
$567
15 km or 9.2 mi Nova Lima
$643
22 km or 14 mi Vespasiano
$629
57 km or 35 mi Sete Lagoas
$468
69 km or 43 mi Itauna
$580
72 km or 45 mi Ouro Preto
$599
87 km or 54 mi Conselheiro Lafaiete
$631
102 km or 63 mi Divinopolis
$581
123 km or 77 mi Ponte Nova
$585
136 km or 85 mi Curvelo
$588
142 km or 88 mi Sao Joao del-Rei
$532
147 km or 91 mi Vicosa
$593
149 km or 93 mi Barbacena
$520
155 km or 96 mi Ipatinga
$482
167 km or 104 mi Formiga
$590
172 km or 107 mi Uba
$585
190 km or 118 mi Caratinga
$572
191 km or 119 mi Lavras
$515
215 km or 133 mi Muriae
$618
216 km or 134 mi Juiz de Fora
$461
239 km or 149 mi Governador Valadares
$501
240 km or 149 mi Varginha
$463
242 km or 151 mi Tres Coracoes
$542
269 km or 167 mi Alfenas
$570
291 km or 181 mi Resende
$596
292 km or 182 mi Passos
$563
293 km or 182 mi Volta Redonda
$549
296 km or 184 mi Barra Mansa
$563
298 km or 185 mi Teresopolis
$578
301 km or 187 mi Petropolis
$600
304 km or 189 mi Nova Friburgo
$500
306 km or 190 mi Patos de Minas
$634
314 km or 195 mi Cachoeiro de Itapemirim
$629
315 km or 196 mi Araxa
$558
316 km or 197 mi Cruzeiro
$620
322 km or 200 mi Itajuba
$543
323 km or 201 mi Nova Iguacu
$591
324 km or 202 mi Belford Roxo
$808
328 km or 204 mi Duque de Caxias
$636
329 km or 205 mi Sao Joao de Meriti
$652

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898