Chicago vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Chicago Panama City
🚶 Cost of living one person
$2678
$1479
👨‍👩‍👧‍👦 Cost of living Family
$6655
$3609
🏠 One person rent
$1596
$846
🏘️ Family rent
$2946
$1592
🍽️ Food expenses
$700
$440
🚐 Transport expenses
$200
$83
💳 Monthly salary after tax
$4876
$967
😷 Air quality
Moderate
Good
✈️ Airport proximity
15 km
7 km
🎓 Higher education
100
42
😀 Quality of life
95
67
🏙️ Population
2.75M
881K

The cost of living in Chicago is 81% more expensive than in Panama City. Cities ranked 529th and 3517th ($2678 vs $1479) in the list of the most expensive cities in the world and ranked 483rd 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 23rd and 3734th 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
$21.9
$10.4
🥂 Dinner in a Restaurant, for 2
$90.6
$48.5
🥪 Fast food meal, equiv. McDonald's
$12
$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7
$2.97
☕ Cappuccino
$5.4
$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.95
$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1841
$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1327
$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3729
$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2474
$1344
🔌 Utility Bill one person, electricity, heating, water, etc.
$104
$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$159
$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$62.1
$45.4
🏦 Mortgage Interest Rate for 20 Years
6.68%
6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3391
$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2689
$1632
Transportation
🚌 Local transport ticket
$2.48
$0.42
🎟️ Monthly ticket local transport
$75.1
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$16.1
$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$0.96
Groceries
🥛 Milk, 1 L or 1 qt
$0.94
$1.8
🍞 Bread, 0.5 kg or 1.1 lb
$3.68
$2.19
🍚 Rice, 1 kg or 2.2 lb
$4.61
$2.33
🥚 Eggs, x12
$4.13
$2.77
🧀 Cheese, 1 kg or 2.2 lb
$13.5
$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$14.2
$7.09
🥩 Round Steak, 1 kg or 2.2 lb
$18.3
$9.99
🍏 Apples, 1 kg or 2.2 lb
$4.67
$3.44
🍌 Banana, 1 kg or 2.2 lb
$1.84
$1.58
🍊 Oranges, 1 kg or 2.2 lb
$4.36
$2.89
🍅 Tomato, 1 kg or 2.2 lb
$4.43
$2.94
🥔 Potato, 1 kg or 2.2 lb
$2.18
$2.23
🧅 Onion, 1 kg or 2.2 lb
$2.71
$2.8
🌊 Water, 1 L or 1 qt
$1.81
$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.85
$2.31
🍾 Wine (mid-priced), 750 mL bottle
$14.9
$10
🍺 Beer, 0.5 L or 16 fl oz
$3.04
$1.29
🚬 Cigarette pack
$15
$5.98
💊 Cold medicince, 1 week
$11.5
$11.7
🧴 Hair Shampoo
$6.02
$7.94
🧻 Toilet paper, 4 rolls
$3.63
$3.37
👄 Toothpaste, 1 tube
$1.76
$3.71
Other
🏋️ Gym Membership, 1 month
$63
$45.3
🎫 Cinema Ticket, 1 person
$14.8
$7.22
👩‍⚕️ Doctor's visit
$127
$54.5
💇 Haircut, simple
$29.8
$12.9
👖 Brand Jeans
$59
$56.8
👟 Brand Sneakers
$94.4
$93.2
👶 Daycare or Preschool, 1 month
$2114
$477
🏫 International Primary School, 1 year
$24502
$13616

Cost of living in other countries

ChicagoPanama City

Cost of living

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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
$2425
14 km or 8.8 mi Berwyn
$2421
14 km or 8.9 mi Oak Park
$2510
16 km or 10 mi Elmwood Park
$2426
18 km or 11 mi Maywood
$2444
18 km or 11 mi Evanston
$2194
19 km or 12 mi Skokie
$2256
19 km or 12 mi Burbank
$2401
20 km or 12 mi Melrose Park
$2418
21 km or 13 mi Oak Lawn
$2384
22 km or 14 mi Morton Grove
$2314
22 km or 14 mi Niles
$2334
23 km or 14 mi Park Ridge
$2389
23 km or 14 mi Wilmette
$2264
25 km or 16 mi Blue Island
$2377
26 km or 16 mi Elmhurst
$2392
27 km or 17 mi Glenview
$2363
28 km or 17 mi Des Plaines
$2509
28 km or 18 mi Dolton
$2359
29 km or 18 mi Villa Park
$2393
30 km or 19 mi Harvey
$2360
30 km or 19 mi East Chicago
$1938
30 km or 19 mi Westmont
$2362
31 km or 19 mi Calumet
$2363
31 km or 20 mi South Holland
$2344
32 km or 20 mi Lombard
$2396
32 km or 20 mi Hammond
$1948
32 km or 20 mi Oak Forest
$2350
33 km or 20 mi Northbrook
$2378
33 km or 20 mi Mount Prospect
$2446
33 km or 20 mi Darien
$2369
33 km or 21 mi Elk Grove Village
$2506
34 km or 21 mi Downers Grove
$2342
35 km or 22 mi Orland Park
$2367
36 km or 22 mi Lansing
$2342
36 km or 22 mi Glen Ellyn
$2227
37 km or 23 mi Highland Park
$2345
37 km or 23 mi Munster
$1954
37 km or 23 mi Tinley Park
$2351
37 km or 23 mi Wheeling
$2371

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1328
16 km or 9.9 mi Tocumen
$1310
26 km or 16 mi Pacora
$1304
34 km or 21 mi La Chorrera
$957
59 km or 37 mi Colon
$1172
108 km or 67 mi Penonome
$1116
154 km or 96 mi Chitre
$1117
190 km or 118 mi Santiago de Veraguas
$1089
321 km or 199 mi Turbo
$664
329 km or 204 mi David
$890
398 km or 247 mi Monteria
$645
403 km or 250 mi Limon
$1225
406 km or 252 mi Santa Cruz de Lorica
$669
452 km or 281 mi Sincelejo
$524
463 km or 288 mi Cartagena
$760
483 km or 300 mi Quibdo
$705
494 km or 307 mi Cartago
$1024
513 km or 319 mi San Jose
$1324
518 km or 322 mi Heredia
$1296
521 km or 324 mi Magangue
$604
526 km or 327 mi Bello
$839
529 km or 329 mi Alajuela
$1269
530 km or 329 mi Medellin
$906
534 km or 332 mi Envigado
$897
558 km or 347 mi Soledad
$741
559 km or 348 mi Barranquilla
$773
595 km or 370 mi Puntarenas
$801
617 km or 383 mi Cartago
$649
617 km or 383 mi Cienaga
$742
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1213
627 km or 390 mi Pereira
$680
631 km or 392 mi Santa Marta
$837
632 km or 393 mi Buenaventura
$742
636 km or 395 mi Minca
$759
651 km or 404 mi Salento
$605
652 km or 405 mi Armenia
$598
657 km or 408 mi Tulua
$513
658 km or 409 mi Barrancabermeja
$1031
675 km or 419 mi Liberia
$932