Caracas vs Panama City - Cost of Living Comparison

Caracas Panama City
🚶 Cost of living one person
$916
$1211
👨‍👩‍👧‍👦 Cost of living Family
$2170
$2927
🏠 One person rent
$358
$632
🏘️ Family rent
$557
$1104
🍽️ Food expenses
$340
$383
🚐 Transport expenses
$130
$92.9
💳 Monthly salary after tax
$215
$808
😷 Air quality
Excellent
Good
✈️ Airport proximity
10 km
7 km
🎓 Higher education
55
42
😀 Quality of life
42
68
🏙️ Population
1.94M
881K

The cost of living in Caracas is 24% less expensive than in Panama City. Cities ranked 5665th and 3976th ($916 vs $1211) in the list of the most expensive cities in the world and ranked 3rd and 1st in Venezuela and Panama, respectively. Check Venezuela vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.2 months in Caracas compared to 0.7 months in Panama City. Caracas ranked 1st best city to live in Venezuela vs Panama City ranked 1st in Panama, while ranked 6863rd and 3154th among best cities to live in the world.

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Prices in Caracas vs Panama City

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

Caracas Panama City
Eating Out
🍱 Lunch Menu
$10.9
$10.2
🥂 Dinner in a Restaurant, for 2
$37
$40.8
🥪 Fast food meal, equiv. McDonald's
$10.1
$6.71
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.28
$2.66
 Cappuccino
$2.59
$3.7
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.08
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$327
$784
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$290
$453
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$667
$1416
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$443
$840
🔌 Utility Bill one person, electricity, heating, water, etc.
$16.3
$70.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$25.1
$107
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.3
$42.4
🏦 Mortgage Interest Rate for 20 Years
21.92%
5.87%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$865
$2272
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$987
$1319
Transportation
🚌 Local transport ticket
$0.38
$0.35
🎟️ Monthly ticket local transport
$28.6
$34.9
🚕 Taxi Ride, 8 km or 5 mi
$20.1
$13.8
 Gas / Petrol, 1 L or 0.26 gal
$0.5
$1.17
Groceries
🥛 Milk, 1 L or 1 qt
$2
$1.63
🍞 Bread, 0.5 kg or 1.1 lb
$1.83
$1.92
🍚 Rice, 1 kg or 2.2 lb
$1.17
$1.92
🥚 Eggs, x12
$2.41
$2.32
🧀 Cheese, 1 kg or 2.2 lb
$5.34
$10.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.5
$6.36
🥩 Round Steak, 1 kg or 2.2 lb
$5.7
$8.06
🍏 Apples, 1 kg or 2.2 lb
$4.59
$2.92
🍌 Banana, 1 kg or 2.2 lb
$1.01
$1.34
🍊 Oranges, 1 kg or 2.2 lb
$1.3
$2.34
🍅 Tomato, 1 kg or 2.2 lb
$1.45
$2.73
🥔 Potato, 1 kg or 2.2 lb
$1.63
$2
🧅 Onion, 1 kg or 2.2 lb
$1.51
$1.94
🌊 Water, 1 L or 1 qt
$0.81
$0.94
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.26
$2.24
🍾 Wine (mid-priced), 750 mL bottle
$7.71
$11
🍺 Beer, 0.5 L or 16 fl oz
$1.36
$1.39
🚬 Cigarette pack
$3.47
$5.68
💊 Cold medicince, 1 week
$3.68
$8.08
🧴 Hair Shampoo
$4.22
$8.02
🧻 Toilet paper, 4 rolls
$1.79
$2.64
👄 Toothpaste, 1 tube
$2.23
$2.51
Other
🏋️ Gym Membership, 1 month
$41
$41.8
🎫 Cinema Ticket, 1 person
$5.21
$6.68
👩‍⚕️ Doctor's visit
$35.2
$51.3
💇 Haircut, simple
$12.1
$15.3
👖 Brand Jeans
$39.8
$52.4
👟 Brand Sneakers
$89.3
$82.4
👶 Daycare or Preschool, 1 month
$63.3
$368
🏫 International Primary School, 1 year
$6329
$13041

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Cost of Living in the nearest cities

Cities near Caracas

Distance City Cost of living
11 km or 6.9 mi La Guaira
$700
12 km or 7.3 mi Maiquetia
$678
16 km or 9.7 mi Catia La Mar
$774
21 km or 13 mi Los Teques
$771
30 km or 18 mi Charallave
$681
37 km or 23 mi Cua
$702
40 km or 25 mi Santa Lucia
$679
43 km or 27 mi Santa Teresa del Tuy
$756
43 km or 27 mi Guatire
$760
43 km or 27 mi Guarenas
$762
46 km or 29 mi Ocumare del Tuy
$751
53 km or 33 mi La Victoria
$702
67 km or 41 mi Turmero
$614
67 km or 41 mi Cagua
$682
75 km or 47 mi Santa Rita
$690
78 km or 48 mi Maracay
$557
78 km or 49 mi Palo Negro
$636
80 km or 50 mi El Limon
$681
82 km or 51 mi San Juan de los Morros
$680
93 km or 58 mi Altagracia de Orituco
$708
108 km or 67 mi Guacara
$672
115 km or 71 mi Los Guayos
$680
119 km or 74 mi Puerto Cabello
$670
122 km or 76 mi Valencia
$869
135 km or 84 mi Tocuyito
$698
163 km or 101 mi Tinaquillo
$680
176 km or 109 mi Valle de la Pascua
$731
184 km or 114 mi Calabozo
$697
199 km or 124 mi San Felipe
$704
204 km or 127 mi San Carlos
$679
219 km or 136 mi Zaraza
$683
235 km or 146 mi Kralendijk
$1524
245 km or 152 mi Yaritagua
$685
247 km or 154 mi Lecheria
$688
249 km or 155 mi Barcelona
$701
255 km or 159 mi Puerto la Cruz
$749
260 km or 162 mi Cabudare
$628
268 km or 167 mi Barquisimeto
$798
270 km or 167 mi Acarigua
$703
271 km or 168 mi Araure
$696

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$851
16 km or 9.9 mi Tocumen
$845
26 km or 16 mi Pacora
$760
34 km or 21 mi La Chorrera
$841
59 km or 37 mi Colon
$889
108 km or 67 mi Penonome
$784
154 km or 96 mi Chitre
$847
190 km or 118 mi Santiago de Veraguas
$853
321 km or 199 mi Turbo
$430
329 km or 204 mi David
$769
398 km or 247 mi Monteria
$486
403 km or 250 mi Limon
$846
406 km or 252 mi Santa Cruz de Lorica
$423
452 km or 281 mi Sincelejo
$421
463 km or 288 mi Cartagena
$799
483 km or 300 mi Quibdo
$425
494 km or 307 mi Cartago
$823
513 km or 319 mi San Jose
$1001
518 km or 322 mi Heredia
$723
521 km or 324 mi Magangue
$423
526 km or 327 mi Bello
$402
529 km or 329 mi Alajuela
$834
530 km or 329 mi Medellin
$648
534 km or 332 mi Envigado
$500
558 km or 347 mi Soledad
$440
559 km or 348 mi Barranquilla
$577
595 km or 370 mi Puntarenas
$735
617 km or 383 mi Cartago
$392
617 km or 383 mi Cienaga
$423
623 km or 387 mi Manizales
$474
627 km or 390 mi Santa Teresa
$837
627 km or 390 mi Pereira
$414
631 km or 392 mi Santa Marta
$537
632 km or 393 mi Buenaventura
$433
636 km or 395 mi Minca
$422
651 km or 404 mi Salento
$422
652 km or 405 mi Armenia
$421
657 km or 408 mi Tulua
$393
658 km or 409 mi Barrancabermeja
$376
675 km or 419 mi Liberia
$661