Copenhagen vs Panama City - Cost of Living Comparison

Updated: March 11, 2026

	Copenhagen	Panama City
🚶 Cost of living one person	$2656	$1583
👨‍👩‍👧‍👦 Cost of living Family	$6116	$3567
🏠 One person rent	$1515	$976
🏘️ Family rent	$2679	$1633
🍽️ Food expenses	$728	$432
🚐 Transport expenses	$209	$69.1
💳 Monthly salary after tax	$5006	$936
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	8 km	7 km
🎓 Higher education	94	42
😀 Quality of life	97	69
🏙️ Population	667K	410K

The cost of living in Copenhagen is 68% more expensive than in Panama City. Cities ranked 650th and 3744th ($2656 vs $1583) in the list of the most expensive cities in the world and ranked 2nd and 1st in Denmark and Panama, respectively. Check Denmark vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.9 months in Copenhagen compared to 0.6 months in Panama City. Copenhagen ranked 1st best city to live in Denmark vs Panama City ranked 1st in Panama, while ranked 4th and 4400th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Copenhagen vs Panama City

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

	Copenhagen	Panama City
Eating Out
🍱 Lunch Menu	$21.8	$10.6
🥂 Dinner in a Restaurant, for 2	$111	$45.3
🥪 Fast food meal, equiv. McDonald's	$15.1	$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$9.35	$2.97
☕ Cappuccino	$7.24	$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$5.03	$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1782	$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1244	$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3169	$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2270	$1347
🔌 Utility Bill one person, electricity, heating, water, etc.	$121	$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$186	$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$43.1	$45.4
🏦 Mortgage Interest Rate for 20 Years	3.76%	6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$10228	$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6872	$1725
Transportation
🚌 Local transport ticket	$3.85	$0.35
🎟️ Monthly ticket local transport	$114	$22.2
🚕 Taxi Ride, 8 km or 5 mi	$25.9	$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.25	$0.93
Groceries
🥛 Milk, 1 L or 1 qt	$2.33	$1.84
🍞 Bread, 0.5 kg or 1.1 lb	$3.83	$2.23
🍚 Rice, 1 kg or 2.2 lb	$2.76	$2.33
🥚 Eggs, x12	$5.76	$3.26
🧀 Cheese, 1 kg or 2.2 lb	$16.4	$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$14.1	$6.57
🥩 Round Steak, 1 kg or 2.2 lb	$17.3	$9.64
🍏 Apples, 1 kg or 2.2 lb	$3.42	$3.53
🍌 Banana, 1 kg or 2.2 lb	$3.66	$1.62
🍊 Oranges, 1 kg or 2.2 lb	$4.19	$3.29
🍅 Tomato, 1 kg or 2.2 lb	$5.89	$3.03
🥔 Potato, 1 kg or 2.2 lb	$2.53	$2.46
🧅 Onion, 1 kg or 2.2 lb	$2.23	$3.74
🌊 Water, 1 L or 1 qt	$1.15	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.1	$2.41
🍾 Wine (mid-priced), 750 mL bottle	$12	$11.6
🍺 Beer, 0.5 L or 16 fl oz	$1.82	$1.44
🚬 Cigarette pack	$10.5	$6.04
💊 Cold medicince, 1 week	$10.4	$8.16
🧴 Hair Shampoo	$5.07	$8.03
🧻 Toilet paper, 4 rolls	$2.57	$2.96
👄 Toothpaste, 1 tube	$2.67	$3.04
Other
🏋️ Gym Membership, 1 month	$55.6	$42.8
🎫 Cinema Ticket, 1 person	$20.6	$7.3
👩‍⚕️ Doctor's visit	$71.4	$50.2
💇 Haircut, simple	$38.4	$14.5
👖 Brand Jeans	$122	$53.6
👟 Brand Sneakers	$137	$91.3
👶 Daycare or Preschool, 1 month	$707	$503
🏫 International Primary School, 1 year	$14799	$13402

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Copenhagen

Distance	City	Cost of living
2 km or 1.3 mi	Frederiksberg	$2698
8.5 km or 5.3 mi	Gentofte	$2429
23 km or 14 mi	Horsholm	$2273
28 km or 17 mi	Landskrona	$1412
30 km or 19 mi	Malmo	$1907
31 km or 19 mi	Roskilde	$2192
33 km or 21 mi	Hillerod	$2364
40 km or 25 mi	Lund	$1701
40 km or 25 mi	Staffanstorp	$1695
40 km or 25 mi	Helsingor	$2042
42 km or 26 mi	Helsingborg	$1590
51 km or 32 mi	Trelleborg	$1688
66 km or 41 mi	Angelholm	$1562
71 km or 44 mi	Naestved	$2113
92 km or 57 mi	Hassleholm	$1550
104 km or 65 mi	Kristianstad	$1475
111 km or 69 mi	Halmstad	$1412
141 km or 88 mi	Odense	$1784
141 km or 88 mi	Svendborg	$1825
154 km or 96 mi	Ljungby	$1549
156 km or 97 mi	Aarhus	$2158
156 km or 97 mi	Stralsund	$1627
159 km or 99 mi	Varberg	$1491
171 km or 106 mi	Horsens	$1781
177 km or 110 mi	Fredericia	$1702
179 km or 111 mi	Rostock	$1508
179 km or 111 mi	Randers	$1691
185 km or 115 mi	Greifswald	$1619
190 km or 118 mi	Varnamo	$1633
190 km or 118 mi	Vejle	$1891
193 km or 120 mi	Vaxjo	$1516
196 km or 122 mi	Sonderborg	$1619
196 km or 122 mi	Kolding	$1689
196 km or 122 mi	Silkeborg	$1888
199 km or 124 mi	Karlskrona	$1466
199 km or 124 mi	Haderslev	$1681
211 km or 131 mi	Wismar	$1443
211 km or 131 mi	Gustrow	$1509
215 km or 133 mi	Viborg	$1667
216 km or 134 mi	Kiel	$1588

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1425
16 km or 9.9 mi	Tocumen	$1403
26 km or 16 mi	Pacora	$1395
34 km or 21 mi	La Chorrera	$977
59 km or 37 mi	Colon	$1179
108 km or 67 mi	Penonome	$1153
154 km or 96 mi	Chitre	$1154
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$764
329 km or 204 mi	David	$922
398 km or 247 mi	Monteria	$703
403 km or 250 mi	Limon	$1332
406 km or 252 mi	Santa Cruz de Lorica	$764
452 km or 281 mi	Sincelejo	$572
463 km or 288 mi	Cartagena	$1155
483 km or 300 mi	Quibdo	$757
494 km or 307 mi	Cartago	$1290
513 km or 319 mi	San Jose	$1454
518 km or 322 mi	Heredia	$1378
521 km or 324 mi	Magangue	$707
526 km or 327 mi	Bello	$915
529 km or 329 mi	Alajuela	$1323
530 km or 329 mi	Medellin	$1071
534 km or 332 mi	Envigado	$992
558 km or 347 mi	Soledad	$950
559 km or 348 mi	Barranquilla	$909
595 km or 370 mi	Puntarenas	$825
617 km or 383 mi	Cartago	$738
617 km or 383 mi	Cienaga	$874
623 km or 387 mi	Manizales	$717
627 km or 390 mi	Santa Teresa	$1273
627 km or 390 mi	Pereira	$789
631 km or 392 mi	Santa Marta	$971
632 km or 393 mi	Buenaventura	$825
636 km or 395 mi	Minca	$887
651 km or 404 mi	Salento	$709
652 km or 405 mi	Armenia	$719
657 km or 408 mi	Tulua	$537
658 km or 409 mi	Barrancabermeja	$1040
675 km or 419 mi	Liberia	$957