Chicago vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Chicago Panama City
🚶 Cost of living one person
$2799
$1560
👨‍👩‍👧‍👦 Cost of living Family
$6454
$3547
🏠 One person rent
$1702
$943
🏘️ Family rent
$2727
$1558
🍽️ Food expenses
$702
$429
🚐 Transport expenses
$204
$78.4
💳 Monthly salary after tax
$5210
$982
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
15 km
7 km
🎓 Higher education
100
43
😀 Quality of life
97
71
🏙️ Population
2.75M
410K

The cost of living in Chicago is 79% more expensive than in Panama City. Cities ranked 394th and 3737th ($2799 vs $1560) in the list of the most expensive cities in the world and ranked 338th 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 1.9 months in Chicago compared to 0.6 months in Panama City. Chicago ranked 2nd best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 16th and 3765th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Chicago vs Panama City infographic

Share this infographic!

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
$19.2
$10.6
🥂 Dinner in a Restaurant, for 2
$86.5
$45.7
🥪 Fast food meal, equiv. McDonald's
$12
$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.36
$2.93
☕ Cappuccino
$5.6
$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.99
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1993
$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1414
$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3215
$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2313
$1306
🔌 Utility Bill one person, electricity, heating, water, etc.
$108
$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$168
$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$64.8
$45.5
🏦 Mortgage Interest Rate for 20 Years
6.77%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3645
$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2499
$1618
Transportation
🚌 Local transport ticket
$2.48
$0.35
🎟️ Monthly ticket local transport
$74.8
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$17
$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.01
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.08
$1.79
🍞 Bread, 0.5 kg or 1.1 lb
$4.01
$2.25
🍚 Rice, 1 kg or 2.2 lb
$4.93
$2.11
🥚 Eggs, x12
$5.3
$3.17
🧀 Cheese, 1 kg or 2.2 lb
$14.4
$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$14.3
$6.81
🥩 Round Steak, 1 kg or 2.2 lb
$18.8
$9.86
🍏 Apples, 1 kg or 2.2 lb
$5.04
$3.27
🍌 Banana, 1 kg or 2.2 lb
$1.8
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$4.11
$3.27
🍅 Tomato, 1 kg or 2.2 lb
$4.56
$3.05
🥔 Potato, 1 kg or 2.2 lb
$2.37
$2.34
🧅 Onion, 1 kg or 2.2 lb
$2.76
$3.26
🌊 Water, 1 L or 1 qt
$1.79
$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.14
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$16.7
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$2.81
$1.38
🚬 Cigarette pack
$16.5
$5.92
💊 Cold medicince, 1 week
$12.8
$8.17
🧴 Hair Shampoo
$7
$8.06
🧻 Toilet paper, 4 rolls
$3.84
$2.98
👄 Toothpaste, 1 tube
$2.14
$3.05
Other
🏋️ Gym Membership, 1 month
$68.2
$42.6
🎫 Cinema Ticket, 1 person
$17.1
$7.32
👩‍⚕️ Doctor's visit
$135
$58.4
💇 Haircut, simple
$28.7
$14.3
👖 Brand Jeans
$61.8
$54
👟 Brand Sneakers
$94.8
$91.3
👶 Daycare or Preschool, 1 month
$2032
$477
🏫 International Primary School, 1 year
$23423
$15637

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Chicago

Distance City Cost of living
11 km or 7 mi Cicero
$2384
14 km or 8.8 mi Berwyn
$2360
14 km or 8.9 mi Oak Park
$2396
16 km or 10 mi Elmwood Park
$2386
18 km or 11 mi Maywood
$2367
18 km or 11 mi Evanston
$2202
19 km or 12 mi Skokie
$2287
19 km or 12 mi Burbank
$2393
20 km or 12 mi Melrose Park
$2385
21 km or 13 mi Oak Lawn
$2399
22 km or 14 mi Morton Grove
$2366
22 km or 14 mi Niles
$2400
23 km or 14 mi Park Ridge
$2426
23 km or 14 mi Wilmette
$2288
25 km or 16 mi Blue Island
$2398
26 km or 16 mi Elmhurst
$2406
27 km or 17 mi Glenview
$2405
28 km or 17 mi Des Plaines
$2549
28 km or 18 mi Dolton
$2393
29 km or 18 mi Villa Park
$2413
30 km or 19 mi Harvey
$2395
30 km or 19 mi East Chicago
$2030
30 km or 19 mi Westmont
$2327
31 km or 19 mi Calumet
$2392
31 km or 20 mi South Holland
$2379
32 km or 20 mi Lombard
$2462
32 km or 20 mi Hammond
$2008
32 km or 20 mi Oak Forest
$2388
33 km or 20 mi Northbrook
$2399
33 km or 20 mi Mount Prospect
$2468
33 km or 20 mi Darien
$2363
33 km or 21 mi Elk Grove Village
$2495
34 km or 21 mi Downers Grove
$2268
35 km or 22 mi Orland Park
$2392
36 km or 22 mi Lansing
$2368
36 km or 22 mi Glen Ellyn
$2261
37 km or 23 mi Highland Park
$2392
37 km or 23 mi Munster
$1989
37 km or 23 mi Tinley Park
$2376
37 km or 23 mi Wheeling
$2426

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1400
16 km or 9.9 mi Tocumen
$1377
26 km or 16 mi Pacora
$1371
34 km or 21 mi La Chorrera
$981
59 km or 37 mi Colon
$1188
108 km or 67 mi Penonome
$1150
154 km or 96 mi Chitre
$1150
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$721
329 km or 204 mi David
$925
398 km or 247 mi Monteria
$663
403 km or 250 mi Limon
$1288
406 km or 252 mi Santa Cruz de Lorica
$715
452 km or 281 mi Sincelejo
$547
463 km or 288 mi Cartagena
$1105
483 km or 300 mi Quibdo
$708
494 km or 307 mi Cartago
$1241
513 km or 319 mi San Jose
$1398
518 km or 322 mi Heredia
$1335
521 km or 324 mi Magangue
$667
526 km or 327 mi Bello
$881
529 km or 329 mi Alajuela
$1303
530 km or 329 mi Medellin
$1030
534 km or 332 mi Envigado
$950
558 km or 347 mi Soledad
$883
559 km or 348 mi Barranquilla
$843
595 km or 370 mi Puntarenas
$821
617 km or 383 mi Cartago
$679
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$678
627 km or 390 mi Santa Teresa
$1236
627 km or 390 mi Pereira
$730
631 km or 392 mi Santa Marta
$929
632 km or 393 mi Buenaventura
$782
636 km or 395 mi Minca
$847
651 km or 404 mi Salento
$655
652 km or 405 mi Armenia
$667
657 km or 408 mi Tulua
$511
658 km or 409 mi Barrancabermeja
$1082
675 km or 419 mi Liberia
$953