Chicago vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Chicago Panama City
🚶 Cost of living one person
$2851
$1590
👨‍👩‍👧‍👦 Cost of living Family
$6527
$3556
🏠 One person rent
$1714
$946
🏘️ Family rent
$2737
$1545
🍽️ Food expenses
$704
$439
🚐 Transport expenses
$212
$100
💳 Monthly salary after tax
$5090
$973
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
15 km
7 km
🎓 Higher education
100
42
😀 Quality of life
95
71
🏙️ Population
2.75M
1.54M

The cost of living in Chicago is 79% more expensive than in Panama City. Cities ranked 358th and 3634th ($2851 vs $1590) in the list of the most expensive cities in the world and ranked 300th and 1st in the United States and Panama, respectively. Check the United States vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.8 months in Chicago compared to 0.6 months in Panama City. Chicago ranked 3rd best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 18th and 3213th among best cities to live in the world.

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Prices in Chicago vs Panama City

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

Chicago Panama City
Eating Out
🍱 Lunch Menu
$19.6
$9.69
🥂 Dinner in a Restaurant, for 2
$84.3
$45.4
🥪 Fast food meal, equiv. McDonald's
$12.7
$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.35
$2.93
☕ Cappuccino
$6.06
$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.85
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2011
$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1414
$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3203
$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2316
$1223
🔌 Utility Bill one person, electricity, heating, water, etc.
$117
$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$180
$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$63.3
$44.6
🏦 Mortgage Interest Rate for 20 Years
6.32%
6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3899
$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2568
$1732
Transportation
🚌 Local transport ticket
$2.51
$0.35
🎟️ Monthly ticket local transport
$82.6
$22.5
🚕 Taxi Ride, 8 km or 5 mi
$16.5
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.12
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$1.2
$1.83
🍞 Bread, 0.5 kg or 1.1 lb
$3.67
$2.17
🍚 Rice, 1 kg or 2.2 lb
$4.62
$2.34
🥚 Eggs, x12
$5.11
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$14.2
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$14.5
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$19.1
$10.6
🍏 Apples, 1 kg or 2.2 lb
$4.78
$3.56
🍌 Banana, 1 kg or 2.2 lb
$1.86
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.96
$3.7
🍅 Tomato, 1 kg or 2.2 lb
$5.01
$3.36
🥔 Potato, 1 kg or 2.2 lb
$2.39
$2.62
🧅 Onion, 1 kg or 2.2 lb
$2.63
$3.19
🌊 Water, 1 L or 1 qt
$1.79
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.71
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$16
$12.1
🍺 Beer, 0.5 L or 16 fl oz
$3.02
$1.35
🚬 Cigarette pack
$17.4
$5.95
💊 Cold medicince, 1 week
$11.6
$8.08
🧴 Hair Shampoo
$7.05
$7.95
🧻 Toilet paper, 4 rolls
$4.22
$2.92
👄 Toothpaste, 1 tube
$2.31
$3.05
Other
🏋️ Gym Membership, 1 month
$74.6
$41.9
🎫 Cinema Ticket, 1 person
$17
$7.52
👩‍⚕️ Doctor's visit
$177
$42.9
💇 Haircut, simple
$32.8
$14.5
👖 Brand Jeans
$62.9
$58.4
👟 Brand Sneakers
$105
$90.7
👶 Daycare or Preschool, 1 month
$1582
$505
🏫 International Primary School, 1 year
$27880
$11486

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Cost of Living in the nearest cities

Cities near Chicago

Distance City Cost of living
11 km or 7 mi Cicero
$2444
14 km or 8.8 mi Berwyn
$2399
14 km or 8.9 mi Oak Park
$2440
16 km or 10 mi Elmwood Park
$2425
18 km or 11 mi Maywood
$2423
18 km or 11 mi Evanston
$2232
19 km or 12 mi Skokie
$2309
19 km or 12 mi Burbank
$2454
20 km or 12 mi Melrose Park
$2430
21 km or 13 mi Oak Lawn
$2463
22 km or 14 mi Morton Grove
$2376
22 km or 14 mi Niles
$2394
23 km or 14 mi Park Ridge
$2461
23 km or 14 mi Wilmette
$2323
25 km or 16 mi Blue Island
$2444
26 km or 16 mi Elmhurst
$2483
27 km or 17 mi Glenview
$2436
28 km or 17 mi Des Plaines
$2569
28 km or 18 mi Dolton
$2436
29 km or 18 mi Villa Park
$2508
30 km or 19 mi Harvey
$2425
30 km or 19 mi East Chicago
$1751
30 km or 19 mi Westmont
$2440
31 km or 19 mi Calumet
$2443
31 km or 20 mi South Holland
$2439
32 km or 20 mi Lombard
$2580
32 km or 20 mi Hammond
$1761
32 km or 20 mi Oak Forest
$2429
33 km or 20 mi Northbrook
$2400
33 km or 20 mi Mount Prospect
$2508
33 km or 20 mi Darien
$2463
33 km or 21 mi Elk Grove Village
$2543
34 km or 21 mi Downers Grove
$2418
35 km or 22 mi Orland Park
$2438
36 km or 22 mi Lansing
$2425
36 km or 22 mi Glen Ellyn
$2406
37 km or 23 mi Highland Park
$2418
37 km or 23 mi Munster
$1784
37 km or 23 mi Tinley Park
$2423
37 km or 23 mi Wheeling
$2453

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