Bogota vs Panama City - Cost of Living Comparison

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Livingcost

Bogota Panama City
🚶 Cost of living one person
$883
$1316
👨‍👩‍👧‍👦 Cost of living Family
$2124
$3171
🏠 One person rent
$399
$709
🏘️ Family rent
$671
$1291
🍽️ Food expenses
$263
$426
🚐 Transport expenses
$144
$78
💳 Monthly salary after tax
$362
$901
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
13 km
7 km
🎓 Higher education
88
42
😀 Quality of life
60
67
🏙️ Population
7.74M
881K

The cost of living in Bogota is 33% less expensive than in Panama City. Cities ranked 6066th and 4138th ($883 vs $1316) in the list of the most expensive cities in the world and ranked 1st 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 5338th and 3926th 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
$5.62
$11.5
🥂 Dinner in a Restaurant, for 2
$20.6
$51.8
🥪 Fast food meal, equiv. McDonald's
$7.18
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.23
$2.6
☕ Cappuccino
$2.05
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.87
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$432
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$284
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$734
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$513
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$60.7
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$88.5
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$25
$47.6
🏦 Mortgage Interest Rate for 20 Years
13.94%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1865
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1392
$1457
Transportation
🚌 Local transport ticket
$0.76
$0.35
🎟️ Monthly ticket local transport
$38.1
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$10.9
$12
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.95
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.27
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$1.2
$2.11
🍚 Rice, 1 kg or 2.2 lb
$1.14
$1.71
🥚 Eggs, x12
$2.36
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$5.61
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.51
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$7.81
$8.87
🍏 Apples, 1 kg or 2.2 lb
$2.53
$2.91
🍌 Banana, 1 kg or 2.2 lb
$1.16
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$1.2
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$1.24
$2.81
🥔 Potato, 1 kg or 2.2 lb
$1.06
$2.1
🧅 Onion, 1 kg or 2.2 lb
$1.05
$2.02
🌊 Water, 1 L or 1 qt
$0.54
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.69
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$10.9
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$1.05
$1.14
🚬 Cigarette pack
$2.28
$5.88
💊 Cold medicince, 1 week
$5.71
$9.43
🧴 Hair Shampoo
$5.72
$7.05
🧻 Toilet paper, 4 rolls
$2.24
$3.43
👄 Toothpaste, 1 tube
$1.56
$3.7
Other
🏋️ Gym Membership, 1 month
$25.1
$42
🎫 Cinema Ticket, 1 person
$4.84
$6.85
👩‍⚕️ Doctor's visit
$20.9
$48.6
💇 Haircut, simple
$8.04
$13.5
👖 Brand Jeans
$56.6
$54.3
👟 Brand Sneakers
$89.3
$86.9
👶 Daycare or Preschool, 1 month
$226
$408
🏫 International Primary School, 1 year
$6983
$9581

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Bogota

Distance City Cost of living
16 km or 10 mi Soacha
$724
39 km or 24 mi Facatativa
$433
46 km or 29 mi Zipaquira
$645
72 km or 44 mi Villavicencio
$530
88 km or 55 mi Girardot
$416
127 km or 79 mi Ibague
$525
130 km or 81 mi Tunja
$511
165 km or 102 mi Manizales
$727
166 km or 103 mi Salento
$567
176 km or 109 mi Sogamoso
$597
177 km or 110 mi Duitama
$617
178 km or 110 mi Armenia
$551
181 km or 113 mi Pereira
$639
202 km or 126 mi Yopal
$594
205 km or 127 mi Cartago
$639
231 km or 144 mi Neiva
$507
241 km or 150 mi Envigado
$812
243 km or 151 mi Tulua
$493
246 km or 153 mi Medellin
$867
252 km or 157 mi Bello
$778
274 km or 170 mi Barrancabermeja
$592
274 km or 170 mi Palmira
$648
294 km or 182 mi Floridablanca
$612
298 km or 185 mi Bucaramanga
$649
301 km or 187 mi Cali
$720
311 km or 193 mi Quibdo
$649
338 km or 210 mi Buenaventura
$552
371 km or 230 mi Popayan
$455
375 km or 233 mi Florencia
$416
392 km or 244 mi Rubio
$593
399 km or 248 mi San Antonio del Tachira
$595
405 km or 252 mi Cucuta
$708
405 km or 252 mi San Cristobal
$589
411 km or 255 mi Tariba
$592
412 km or 256 mi Ocana
$612
454 km or 282 mi La Grita
$617
458 km or 285 mi Arauca
$646
472 km or 293 mi Guasdualito
$659
486 km or 302 mi Turbo
$624
503 km or 312 mi Monteria
$633

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220