Georgetown vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Georgetown Panama City
🚶 Cost of living one person
$1181
$1583
👨‍👩‍👧‍👦 Cost of living Family
$3155
$3567
🏠 One person rent
$528
$976
🏘️ Family rent
$914
$1633
🍽️ Food expenses
$497
$432
🚐 Transport expenses
$67.9
$69.1
💳 Monthly salary after tax
$1100
$936
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
7 km
7 km
🎓 Higher education
25
42
😀 Quality of life
60
69
🏙️ Population
235K
410K

The cost of living in Georgetown is 25% less expensive than in Panama City. Cities ranked 4813th and 3744th ($1181 vs $1583) in the list of the most expensive cities in the world and ranked 1st and 1st in Guyana and Panama, respectively. Check Guyana vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.9 months in Georgetown compared to 0.6 months in Panama City. Georgetown ranked 1st best city to live in Guyana vs Panama City ranked 1st in Panama, while ranked 5916th and 4400th among best cities to live in the world.

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Prices in Georgetown vs Panama City

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

Georgetown Panama City
Eating Out
🍱 Lunch Menu
$9.78
$10.6
🥂 Dinner in a Restaurant, for 2
$54.6
$45.3
🥪 Fast food meal, equiv. McDonald's
$8.64
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.97
$2.97
☕ Cappuccino
$5.2
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.26
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$694
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$360
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1246
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$664
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$56.9
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$88.8
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$45.4
🏦 Mortgage Interest Rate for 20 Years
6.48%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3538
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1503
$1725
Transportation
🚌 Local transport ticket
$0.58
$0.35
🎟️ Monthly ticket local transport
$26.7
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$22.7
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.03
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$3.15
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$1.92
$2.23
🍚 Rice, 1 kg or 2.2 lb
$1.85
$2.33
🥚 Eggs, x12
$4.14
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.15
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$9.53
$9.64
🍏 Apples, 1 kg or 2.2 lb
$6.9
$3.53
🍌 Banana, 1 kg or 2.2 lb
$3.52
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$5.29
$3.03
🥔 Potato, 1 kg or 2.2 lb
$2.31
$2.46
🧅 Onion, 1 kg or 2.2 lb
$3.19
$3.74
🌊 Water, 1 L or 1 qt
$1.06
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.18
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$18.6
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$1.78
$1.44
🚬 Cigarette pack
$2.72
$6.04
💊 Cold medicince, 1 week
$11.5
$8.16
🧴 Hair Shampoo
$4.7
$8.03
🧻 Toilet paper, 4 rolls
$2.54
$2.96
👄 Toothpaste, 1 tube
$2.5
$3.04
Other
🏋️ Gym Membership, 1 month
$33.1
$42.8
🎫 Cinema Ticket, 1 person
$6.21
$7.3
👩‍⚕️ Doctor's visit
$22.1
$50.2
💇 Haircut, simple
$6.37
$14.5
👖 Brand Jeans
$45.7
$53.6
👟 Brand Sneakers
$125
$91.3
👶 Daycare or Preschool, 1 month
$1023
$503
🏫 International Primary School, 1 year
$19783
$13402

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Georgetown

Distance City Cost of living
88 km or 55 mi Linden
$1180
93 km or 58 mi New Amsterdam
$1174
161 km or 100 mi Nieuw Nickerie
$854
347 km or 216 mi Paramaribo
$877
479 km or 298 mi Saint-Laurent-du-Maroni
$1938
487 km or 302 mi Upata
$788
496 km or 308 mi Tucupita
$767
521 km or 324 mi Boa Vista
$740
524 km or 326 mi Ciudad Guayana
$892
532 km or 331 mi San Fernando
$1010
547 km or 340 mi Chaguanas
$1097
561 km or 349 mi San Juan
$1232
565 km or 351 mi Scarborough
$1136
567 km or 353 mi Port of Spain
$1284
612 km or 380 mi Ciudad Bolivar
$848
637 km or 396 mi Kourou
$1996
643 km or 399 mi Maturin
$844
677 km or 421 mi Cayenne
$1979
704 km or 438 mi St. George's
$1078
704 km or 438 mi Grenville
$1079
706 km or 438 mi Carupano
$699
711 km or 442 mi El Tigre
$741
720 km or 447 mi Bridgetown
$1336
730 km or 454 mi Holetown
$1454
737 km or 458 mi Cantaura
$675
753 km or 468 mi Anaco
$642
775 km or 482 mi Cumana
$679
778 km or 483 mi Porlamar
$610
783 km or 487 mi La Asuncion
$641
785 km or 488 mi Kingstown
$995
792 km or 492 mi Georgetown
$989
805 km or 500 mi Puerto la Cruz
$703
808 km or 502 mi Barcelona
$888
812 km or 504 mi Lecheria
$771
830 km or 516 mi Vieux Fort
$1197
837 km or 520 mi Zaraza
$827
861 km or 535 mi Castries
$1170
905 km or 562 mi Valle de la Pascua
$811
926 km or 575 mi Fort-de-France
$1812
966 km or 600 mi Altagracia de Orituco
$840

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