Georgetown vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Georgetown Panama City
🚶 Cost of living one person
$986
$1384
👨‍👩‍👧‍👦 Cost of living Family
$2953
$3435
🏠 One person rent
$394
$751
🏘️ Family rent
$874
$1474
🍽️ Food expenses
$442
$444
🚐 Transport expenses
$77.7
$84.4
💳 Monthly salary after tax
$538
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
7 km
7 km
🎓 Higher education
23
42
😀 Quality of life
47
66
🏙️ Population
235K
881K

The cost of living in Georgetown is 29% less expensive than in Panama City. Cities ranked 5796th and 4139th ($986 vs $1384) in the list of the most expensive cities in the world and ranked 3rd and 1st in Guyana and Panama, respectively. Check Guyana vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.5 months in Georgetown compared to 0.7 months in Panama City. Georgetown ranked 1st best city to live in Guyana vs Panama City ranked 1st in Panama, while ranked 6383rd and 3919th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Georgetown vs Panama City infographic

Share this infographic!

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
$9.31
$12.3
🥂 Dinner in a Restaurant, for 2
$55
$55.2
🥪 Fast food meal, equiv. McDonald's
$8.15
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.16
$2.94
☕ Cappuccino
$3.88
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.23
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$485
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$240
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1327
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$598
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$47.3
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$72.4
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$57.8
$47.4
🏦 Mortgage Interest Rate for 20 Years
7.13%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3910
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1737
$1535
Transportation
🚌 Local transport ticket
$0.56
$0.35
🎟️ Monthly ticket local transport
$31
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$26.4
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.05
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$3.04
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$1.83
$2.12
🍚 Rice, 1 kg or 2.2 lb
$1.81
$2.08
🥚 Eggs, x12
$3.71
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$10.1
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.98
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$8.47
$10.4
🍏 Apples, 1 kg or 2.2 lb
$4.37
$3.11
🍌 Banana, 1 kg or 2.2 lb
$2.68
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.76
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$3.87
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.48
$2.19
🧅 Onion, 1 kg or 2.2 lb
$2.05
$2.5
🌊 Water, 1 L or 1 qt
$1.09
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.18
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$17
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1.75
$1.14
🚬 Cigarette pack
$2.37
$5.89
💊 Cold medicince, 1 week
$11.5
$10.5
🧴 Hair Shampoo
$4.73
$6.97
🧻 Toilet paper, 4 rolls
$2.56
$3.12
👄 Toothpaste, 1 tube
$2.5
$3.06
Other
🏋️ Gym Membership, 1 month
$34.9
$43.8
🎫 Cinema Ticket, 1 person
$5.94
$6.71
👩‍⚕️ Doctor's visit
$22.2
$49.1
💇 Haircut, simple
$6.46
$13.7
👖 Brand Jeans
$37.8
$54.3
👟 Brand Sneakers
$81.8
$90.2
👶 Daycare or Preschool, 1 month
$884
$437
🏫 International Primary School, 1 year
$23107
$9531

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Georgetown

Distance City Cost of living
88 km or 55 mi Linden
$1015
93 km or 58 mi New Amsterdam
$1013
161 km or 100 mi Nieuw Nickerie
$843
347 km or 216 mi Paramaribo
$869
479 km or 298 mi Saint-Laurent-du-Maroni
$1310
487 km or 302 mi Upata
$785
496 km or 308 mi Tucupita
$770
521 km or 324 mi Boa Vista
$586
524 km or 326 mi Ciudad Guayana
$892
532 km or 331 mi San Fernando
$964
547 km or 340 mi Chaguanas
$1070
561 km or 349 mi San Juan
$1164
565 km or 351 mi Scarborough
$1101
567 km or 353 mi Port of Spain
$1168
612 km or 380 mi Ciudad Bolivar
$870
637 km or 396 mi Kourou
$1698
643 km or 399 mi Maturin
$871
677 km or 421 mi Cayenne
$1642
704 km or 438 mi St. George's
$1065
704 km or 438 mi Grenville
$1061
706 km or 438 mi Carupano
$719
711 km or 442 mi El Tigre
$731
720 km or 447 mi Bridgetown
$1360
730 km or 454 mi Holetown
$1390
737 km or 458 mi Cantaura
$662
753 km or 468 mi Anaco
$627
775 km or 482 mi Cumana
$691
778 km or 483 mi Porlamar
$684
783 km or 487 mi La Asuncion
$692
785 km or 488 mi Kingstown
$981
792 km or 492 mi Georgetown
$1004
805 km or 500 mi Puerto la Cruz
$771
808 km or 502 mi Barcelona
$704
812 km or 504 mi Lecheria
$821
830 km or 516 mi Vieux Fort
$1196
837 km or 520 mi Zaraza
$783
861 km or 535 mi Castries
$1159
905 km or 562 mi Valle de la Pascua
$752
926 km or 575 mi Fort-de-France
$1665
966 km or 600 mi Altagracia de Orituco
$787

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