Chicago vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Chicago Panama City
🚶 Cost of living one person
$2667
$1384
👨‍👩‍👧‍👦 Cost of living Family
$6807
$3435
🏠 One person rent
$1579
$751
🏘️ Family rent
$3056
$1474
🍽️ Food expenses
$700
$444
🚐 Transport expenses
$205
$84.4
💳 Monthly salary after tax
$4901
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
15 km
7 km
🎓 Higher education
100
42
😀 Quality of life
96
66
🏙️ Population
2.75M
881K

The cost of living in Chicago is 93% more expensive than in Panama City. Cities ranked 483rd and 4139th ($2667 vs $1384) in the list of the most expensive cities in the world and ranked 425th 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 0.7 months in Panama City. Chicago ranked 3rd best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 20th and 3919th among best cities to live in the world.

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Cost of living in Chicago vs Panama City infographic

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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
$21
$12.3
🥂 Dinner in a Restaurant, for 2
$87.3
$55.2
🥪 Fast food meal, equiv. McDonald's
$11.7
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.62
$2.94
☕ Cappuccino
$5.4
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.12
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1974
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1280
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3828
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2594
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$102
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$156
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$59.1
$47.4
🏦 Mortgage Interest Rate for 20 Years
6.61%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3554
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3158
$1535
Transportation
🚌 Local transport ticket
$2.49
$0.35
🎟️ Monthly ticket local transport
$76.5
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$16.6
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.12
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.02
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$3.92
$2.12
🍚 Rice, 1 kg or 2.2 lb
$5
$2.08
🥚 Eggs, x12
$3.69
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$14.8
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.8
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$19.9
$10.4
🍏 Apples, 1 kg or 2.2 lb
$4.97
$3.11
🍌 Banana, 1 kg or 2.2 lb
$1.91
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$4.81
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$4.56
$2.94
🥔 Potato, 1 kg or 2.2 lb
$2.34
$2.19
🧅 Onion, 1 kg or 2.2 lb
$3.08
$2.5
🌊 Water, 1 L or 1 qt
$1.93
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.86
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$14.8
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$2.9
$1.14
🚬 Cigarette pack
$16.6
$5.89
💊 Cold medicince, 1 week
$11.6
$10.5
🧴 Hair Shampoo
$6.03
$6.97
🧻 Toilet paper, 4 rolls
$3.65
$3.12
👄 Toothpaste, 1 tube
$1.81
$3.06
Other
🏋️ Gym Membership, 1 month
$63.1
$43.8
🎫 Cinema Ticket, 1 person
$15
$6.71
👩‍⚕️ Doctor's visit
$126
$49.1
💇 Haircut, simple
$29.3
$13.7
👖 Brand Jeans
$62.2
$54.3
👟 Brand Sneakers
$95.5
$90.2
👶 Daycare or Preschool, 1 month
$2457
$437
🏫 International Primary School, 1 year
$19423
$9531

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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
$2427
14 km or 8.8 mi Berwyn
$2463
14 km or 8.9 mi Oak Park
$2424
16 km or 10 mi Elmwood Park
$2375
18 km or 11 mi Maywood
$2376
18 km or 11 mi Evanston
$2177
19 km or 12 mi Skokie
$2307
19 km or 12 mi Burbank
$2344
20 km or 12 mi Melrose Park
$2352
21 km or 13 mi Oak Lawn
$2326
22 km or 14 mi Morton Grove
$2367
22 km or 14 mi Niles
$2412
23 km or 14 mi Park Ridge
$2393
23 km or 14 mi Wilmette
$2292
25 km or 16 mi Blue Island
$2313
26 km or 16 mi Elmhurst
$2305
27 km or 17 mi Glenview
$2360
28 km or 17 mi Des Plaines
$2358
28 km or 18 mi Dolton
$2292
29 km or 18 mi Villa Park
$2268
30 km or 19 mi Harvey
$2292
30 km or 19 mi East Chicago
$1950
30 km or 19 mi Westmont
$2293
31 km or 19 mi Calumet
$2296
31 km or 20 mi South Holland
$2295
32 km or 20 mi Lombard
$2224
32 km or 20 mi Hammond
$1975
32 km or 20 mi Oak Forest
$2276
33 km or 20 mi Northbrook
$2392
33 km or 20 mi Mount Prospect
$2363
33 km or 20 mi Darien
$2276
33 km or 21 mi Elk Grove Village
$2380
34 km or 21 mi Downers Grove
$2290
35 km or 22 mi Orland Park
$2269
36 km or 22 mi Lansing
$2280
36 km or 22 mi Glen Ellyn
$2134
37 km or 23 mi Highland Park
$2331
37 km or 23 mi Munster
$2002
37 km or 23 mi Tinley Park
$2274
37 km or 23 mi Wheeling
$2357

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