Copenhagen vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Copenhagen Panama City
🚶 Cost of living one person
$2483
$1384
👨‍👩‍👧‍👦 Cost of living Family
$5751
$3435
🏠 One person rent
$1424
$751
🏘️ Family rent
$2573
$1474
🍽️ Food expenses
$670
$444
🚐 Transport expenses
$204
$84.4
💳 Monthly salary after tax
$4295
$914
😷 Air quality
Excellent
Good
✈️ Airport proximity
8 km
7 km
🎓 Higher education
93
42
😀 Quality of life
97
66
🏙️ Population
644K
881K

The cost of living in Copenhagen is 79% more expensive than in Panama City. Cities ranked 795th and 4139th ($2483 vs $1384) in the list of the most expensive cities in the world and ranked 1st and 1st in Denmark and Panama, respectively. Check Denmark vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.7 months in Copenhagen compared to 0.7 months in Panama City. Copenhagen ranked 1st best city to live in Denmark vs Panama City ranked 1st in Panama, while ranked 9th and 3919th among best cities to live in the world.

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Cost of living in Copenhagen vs Panama City infographic

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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
$20.2
$12.3
🥂 Dinner in a Restaurant, for 2
$107
$55.2
🥪 Fast food meal, equiv. McDonald's
$14.9
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.66
$2.94
 Cappuccino
$6.74
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.88
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1540
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1168
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3033
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2129
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$144
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$224
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$38.4
$47.4
🏦 Mortgage Interest Rate for 20 Years
4.19%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8402
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5773
$1535
Transportation
🚌 Local transport ticket
$3.61
$0.35
🎟️ Monthly ticket local transport
$105
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$28.1
$13.9
 Gas / Petrol, 1 L or 0.26 gal
$2.14
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$2.09
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$3.42
$2.12
🍚 Rice, 1 kg or 2.2 lb
$2.75
$2.08
🥚 Eggs, x12
$5.16
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$13.5
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.4
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$16.9
$10.4
🍏 Apples, 1 kg or 2.2 lb
$3.1
$3.11
🍌 Banana, 1 kg or 2.2 lb
$3.29
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.47
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$4.87
$2.94
🥔 Potato, 1 kg or 2.2 lb
$2.11
$2.19
🧅 Onion, 1 kg or 2.2 lb
$2.09
$2.5
🌊 Water, 1 L or 1 qt
$1.1
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.01
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$10.7
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1.93
$1.14
🚬 Cigarette pack
$9.52
$5.89
💊 Cold medicince, 1 week
$9.24
$10.5
🧴 Hair Shampoo
$4.34
$6.97
🧻 Toilet paper, 4 rolls
$2.61
$3.12
👄 Toothpaste, 1 tube
$2.03
$3.06
Other
🏋️ Gym Membership, 1 month
$42.2
$43.8
🎫 Cinema Ticket, 1 person
$19.6
$6.71
👩‍⚕️ Doctor's visit
$69.8
$49.1
💇 Haircut, simple
$28.8
$13.7
👖 Brand Jeans
$121
$54.3
👟 Brand Sneakers
$125
$90.2
👶 Daycare or Preschool, 1 month
$591
$437
🏫 International Primary School, 1 year
$13230
$9531

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Copenhagen

Distance City Cost of living
2 km or 1.3 mi Frederiksberg
$2378
8.5 km or 5.3 mi Gentofte
$2203
23 km or 14 mi Horsholm
$2006
28 km or 17 mi Landskrona
$1294
30 km or 19 mi Malmo
$1570
31 km or 19 mi Roskilde
$1867
33 km or 21 mi Hillerod
$2088
40 km or 25 mi Lund
$1459
40 km or 25 mi Staffanstorp
$1439
40 km or 25 mi Helsingor
$1713
42 km or 26 mi Helsingborg
$1306
51 km or 32 mi Trelleborg
$1436
66 km or 41 mi Angelholm
$1347
71 km or 44 mi Naestved
$1864
92 km or 57 mi Hassleholm
$1333
104 km or 65 mi Kristianstad
$1218
111 km or 69 mi Halmstad
$1341
141 km or 88 mi Odense
$2046
141 km or 88 mi Svendborg
$1688
154 km or 96 mi Ljungby
$1442
156 km or 97 mi Aarhus
$1966
156 km or 97 mi Stralsund
$1548
159 km or 99 mi Varberg
$1299
171 km or 106 mi Horsens
$1499
177 km or 110 mi Fredericia
$1608
179 km or 111 mi Rostock
$1532
179 km or 111 mi Randers
$1618
185 km or 115 mi Greifswald
$1578
190 km or 118 mi Varnamo
$1434
190 km or 118 mi Vejle
$1636
193 km or 120 mi Vaxjo
$1328
196 km or 122 mi Sonderborg
$1502
196 km or 122 mi Kolding
$1476
196 km or 122 mi Silkeborg
$1654
199 km or 124 mi Karlskrona
$1324
199 km or 124 mi Haderslev
$1536
211 km or 131 mi Wismar
$1364
211 km or 131 mi Gustrow
$1476
215 km or 133 mi Viborg
$1565
216 km or 134 mi Kiel
$1546

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