Bogota vs Panama City - Cost of Living Comparison

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Livingcost

Bogota Panama City
🚶 Cost of living one person
$868
$1384
👨‍👩‍👧‍👦 Cost of living Family
$2128
$3435
🏠 One person rent
$387
$751
🏘️ Family rent
$666
$1474
🍽️ Food expenses
$256
$444
🚐 Transport expenses
$146
$84.4
💳 Monthly salary after tax
$331
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
13 km
7 km
🎓 Higher education
88
42
😀 Quality of life
59
66
🏙️ Population
7.74M
881K

The cost of living in Bogota is 37% less expensive than in Panama City. Cities ranked 6226th and 4139th ($868 vs $1384) in the list of the most expensive cities in the world and ranked 4th and 1st in Colombia and Panama, respectively. Check Colombia vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.4 months in Bogota compared to 0.7 months in Panama City. Bogota ranked 1st best city to live in Colombia vs Panama City ranked 1st in Panama, while ranked 5388th and 3919th among best cities to live in the world.

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Prices in Bogota vs Panama City

Prices for goods and services in Bogota and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Bogota Panama City
Eating Out
🍱 Lunch Menu
$5.45
$12.3
🥂 Dinner in a Restaurant, for 2
$23.9
$55.2
🥪 Fast food meal, equiv. McDonald's
$7.06
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.28
$2.94
☕ Cappuccino
$1.91
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.8
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$432
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$283
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$710
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$528
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$51.6
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$79.6
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$22.2
$47.4
🏦 Mortgage Interest Rate for 20 Years
13.44%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1631
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1278
$1535
Transportation
🚌 Local transport ticket
$0.71
$0.35
🎟️ Monthly ticket local transport
$39.3
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$11.1
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.94
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.21
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$1.15
$2.12
🍚 Rice, 1 kg or 2.2 lb
$1.09
$2.08
🥚 Eggs, x12
$2.17
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$5.07
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.14
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$6.85
$10.4
🍏 Apples, 1 kg or 2.2 lb
$2.48
$3.11
🍌 Banana, 1 kg or 2.2 lb
$1.11
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.25
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$1.15
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.08
$2.19
🧅 Onion, 1 kg or 2.2 lb
$1.04
$2.5
🌊 Water, 1 L or 1 qt
$0.5
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.7
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$10.7
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1
$1.14
🚬 Cigarette pack
$2.32
$5.89
💊 Cold medicince, 1 week
$5.93
$10.5
🧴 Hair Shampoo
$4.38
$6.97
🧻 Toilet paper, 4 rolls
$2
$3.12
👄 Toothpaste, 1 tube
$1.54
$3.06
Other
🏋️ Gym Membership, 1 month
$24.4
$43.8
🎫 Cinema Ticket, 1 person
$4.52
$6.71
👩‍⚕️ Doctor's visit
$32.3
$49.1
💇 Haircut, simple
$7.97
$13.7
👖 Brand Jeans
$51.8
$54.3
👟 Brand Sneakers
$86.3
$90.2
👶 Daycare or Preschool, 1 month
$224
$437
🏫 International Primary School, 1 year
$7593
$9531

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Cities near Bogota

Distance City Cost of living
16 km or 10 mi Soacha
$748
39 km or 24 mi Facatativa
$641
46 km or 29 mi Zipaquira
$681
72 km or 44 mi Villavicencio
$475
88 km or 55 mi Girardot
$483
127 km or 79 mi Ibague
$501
130 km or 81 mi Tunja
$526
165 km or 102 mi Manizales
$653
166 km or 103 mi Salento
$562
176 km or 109 mi Sogamoso
$523
177 km or 110 mi Duitama
$851
178 km or 110 mi Armenia
$541
181 km or 113 mi Pereira
$641
202 km or 126 mi Yopal
$687
205 km or 127 mi Cartago
$619
231 km or 144 mi Neiva
$520
241 km or 150 mi Envigado
$871
243 km or 151 mi Tulua
$477
246 km or 153 mi Medellin
$873
252 km or 157 mi Bello
$789
274 km or 170 mi Barrancabermeja
$573
274 km or 170 mi Palmira
$652
294 km or 182 mi Floridablanca
$584
298 km or 185 mi Bucaramanga
$642
301 km or 187 mi Cali
$733
311 km or 193 mi Quibdo
$661
338 km or 210 mi Buenaventura
$718
371 km or 230 mi Popayan
$462
375 km or 233 mi Florencia
$398
392 km or 244 mi Rubio
$598
399 km or 248 mi San Antonio del Tachira
$601
405 km or 252 mi Cucuta
$552
405 km or 252 mi San Cristobal
$592
411 km or 255 mi Tariba
$598
412 km or 256 mi Ocana
$590
454 km or 282 mi La Grita
$617
458 km or 285 mi Arauca
$595
472 km or 293 mi Guasdualito
$667
486 km or 302 mi Turbo
$634
503 km or 312 mi Monteria
$620

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