Conakry vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	Conakry	Panama City
🚶 Cost of living one person	$1061	$1479
👨‍👩‍👧‍👦 Cost of living Family	$2848	$3609
🏠 One person rent	$523	$846
🏘️ Family rent	$1308	$1592
🍽️ Food expenses	$365	$440
🚐 Transport expenses	$93.8	$83
💳 Monthly salary after tax	$1738	$967
😷 Air quality	Moderate	Good
✈️ Airport proximity	13 km	7 km
🎓 Higher education	7	42
😀 Quality of life	25	67
🏙️ Population	1.67M	881K

The cost of living in Conakry is 28% less expensive than in Panama City. Cities ranked 5090th and 3517th ($1061 vs $1479) in the list of the most expensive cities in the world and ranked 1st and 1st in Guinea and Panama, respectively. Check Guinea vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.6 months in Conakry compared to 0.7 months in Panama City. Conakry ranked 1st best city to live in Guinea vs Panama City ranked 1st in Panama, while ranked 8567th and 3734th among best cities to live in the world.

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Cost of living in Conakry vs Panama City infographic

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Prices in Conakry vs Panama City

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

	Conakry	Panama City
Eating Out
🍱 Lunch Menu	$6.09	$10.4
🥂 Dinner in a Restaurant, for 2	$30.8	$48.5
🥪 Fast food meal, equiv. McDonald's	$10.2	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.76	$2.97
☕ Cappuccino	$3.44	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.62	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$625	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$266	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1794	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$885	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$105	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$161	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$80.6	$45.4
🏦 Mortgage Interest Rate for 20 Years	11.5%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$279	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$396	$1632
Transportation
🚌 Local transport ticket	$1.42	$0.42
🎟️ Monthly ticket local transport	$27.9	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$8.89	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.33	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$2.2	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$1.17	$2.19
🍚 Rice, 1 kg or 2.2 lb	$1.28	$2.33
🥚 Eggs, x12	$2.64	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$17.6	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.24	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$10.1	$9.99
🍏 Apples, 1 kg or 2.2 lb	$3.4	$3.44
🍌 Banana, 1 kg or 2.2 lb	$2.43	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$2.02	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$2.46	$2.94
🥔 Potato, 1 kg or 2.2 lb	$1.55	$2.23
🧅 Onion, 1 kg or 2.2 lb	$1.59	$2.8
🌊 Water, 1 L or 1 qt	$0.74	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.79	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$11.6	$10
🍺 Beer, 0.5 L or 16 fl oz	$1.36	$1.29
🚬 Cigarette pack	$3.11	$5.98
💊 Cold medicince, 1 week	$5.45	$11.7
🧴 Hair Shampoo	$3.99	$7.94
🧻 Toilet paper, 4 rolls	$4.47	$3.37
👄 Toothpaste, 1 tube	$3.1	$3.71
Other
🏋️ Gym Membership, 1 month	$82.2	$45.3
🎫 Cinema Ticket, 1 person	$3.63	$7.22
👩‍⚕️ Doctor's visit	$31.7	$54.5
💇 Haircut, simple	$7.14	$12.9
👖 Brand Jeans	$45.3	$56.8
👟 Brand Sneakers	$61.3	$93.2
👶 Daycare or Preschool, 1 month	$99.6	$477
🏫 International Primary School, 1 year	$6527	$13616

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Conakry

Distance	City	Cost of living
64 km or 40 mi	Forecariah	$998
81 km or 50 mi	Boffa	$998
126 km or 78 mi	Freetown	$1346
203 km or 126 mi	Mamou	$1019
277 km or 172 mi	Bo	$1278
314 km or 195 mi	Bafata	$804
332 km or 206 mi	Kenema	$1272
333 km or 207 mi	Bissau	$827
400 km or 248 mi	Kolda	$964
407 km or 253 mi	Gueckedou	$1009
441 km or 274 mi	Ziguinchor	$953
479 km or 297 mi	Monrovia	$523
493 km or 306 mi	Kankan	$1007
497 km or 309 mi	Kakata	$487
526 km or 327 mi	Brikama	$552
536 km or 333 mi	Lamin	$507
538 km or 334 mi	Banjul	$477
573 km or 356 mi	Nzerekore	$999
575 km or 358 mi	Kaolack	$1000
600 km or 373 mi	Sanniquellie	$487
608 km or 378 mi	Yekepa	$487
610 km or 379 mi	Fatick	$998
682 km or 424 mi	Thies	$1052
696 km or 433 mi	Rufisque	$1046
709 km or 441 mi	Dakar	$1114
713 km or 443 mi	Bougouni	$489
715 km or 444 mi	Bamako	$569
718 km or 446 mi	Greenville	$487
731 km or 454 mi	Louga	$970
767 km or 477 mi	Koulikoro	$490
786 km or 488 mi	Saint-Louis	$960
811 km or 504 mi	Rosso	$647
817 km or 508 mi	Banamba	$491
886 km or 551 mi	Korhogo	$916
902 km or 561 mi	Sikasso	$499
922 km or 573 mi	Segou	$490
935 km or 581 mi	Gagnoa	$904
952 km or 591 mi	Markala	$489
975 km or 606 mi	Yamoussoukro	$887
976 km or 606 mi	Bouake	$937

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