Georgetown vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Georgetown Panama City
🚶 Cost of living one person
$928
$1316
👨‍👩‍👧‍👦 Cost of living Family
$2335
$3171
🏠 One person rent
$400
$709
🏘️ Family rent
$798
$1291
🍽️ Food expenses
$396
$426
🚐 Transport expenses
$66.5
$78
💳 Monthly salary after tax
$441
$901
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
7 km
7 km
🎓 Higher education
23
42
😀 Quality of life
48
67
🏙️ Population
201K
881K

The cost of living in Georgetown is 29% less expensive than in Panama City. Cities ranked 5795th and 4138th ($928 vs $1316) in the list of the most expensive cities in the world and ranked 2nd 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 6441st and 3926th 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
$7.09
$11.5
🥂 Dinner in a Restaurant, for 2
$50
$51.8
🥪 Fast food meal, equiv. McDonald's
$8.06
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.22
$2.6
☕ Cappuccino
$4.2
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.17
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$548
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$229
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1005
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$581
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$47
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$71.9
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$60.2
$47.6
🏦 Mortgage Interest Rate for 20 Years
6.96%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3901
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$1457
Transportation
🚌 Local transport ticket
$0.57
$0.35
🎟️ Monthly ticket local transport
$31.3
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$23.5
$12
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.05
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$2.95
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$1.58
$2.11
🍚 Rice, 1 kg or 2.2 lb
$1.69
$1.71
🥚 Eggs, x12
$3.14
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$9.37
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.75
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$7.8
$8.87
🍏 Apples, 1 kg or 2.2 lb
$4.41
$2.91
🍌 Banana, 1 kg or 2.2 lb
$2.26
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$2.34
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$2.35
$2.81
🥔 Potato, 1 kg or 2.2 lb
$1.35
$2.1
🧅 Onion, 1 kg or 2.2 lb
$1.57
$2.02
🌊 Water, 1 L or 1 qt
$1.07
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.33
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$12.4
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$1.62
$1.14
🚬 Cigarette pack
$2.38
$5.88
💊 Cold medicince, 1 week
$11.7
$9.43
🧴 Hair Shampoo
$4.73
$7.05
🧻 Toilet paper, 4 rolls
$2.54
$3.43
👄 Toothpaste, 1 tube
$2.46
$3.7
Other
🏋️ Gym Membership, 1 month
$29.7
$42
🎫 Cinema Ticket, 1 person
$6.47
$6.85
👩‍⚕️ Doctor's visit
$20
$48.6
💇 Haircut, simple
$6.36
$13.5
👖 Brand Jeans
$33.8
$54.3
👟 Brand Sneakers
$67.3
$86.9
👶 Daycare or Preschool, 1 month
$180
$408
🏫 International Primary School, 1 year
$2625
$9581

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
$933
93 km or 58 mi New Amsterdam
$921
161 km or 100 mi Nieuw Nickerie
$870
347 km or 216 mi Paramaribo
$896
479 km or 298 mi Saint-Laurent-du-Maroni
$1248
487 km or 302 mi Upata
$760
496 km or 308 mi Tucupita
$748
521 km or 324 mi Boa Vista
$683
524 km or 326 mi Ciudad Guayana
$868
532 km or 331 mi San Fernando
$898
547 km or 340 mi Chaguanas
$1053
561 km or 349 mi San Juan
$1217
565 km or 351 mi Scarborough
$1099
567 km or 353 mi Port of Spain
$1218
612 km or 380 mi Ciudad Bolivar
$824
637 km or 396 mi Kourou
$1490
643 km or 399 mi Maturin
$838
677 km or 421 mi Cayenne
$1528
704 km or 438 mi St. George's
$1069
704 km or 438 mi Grenville
$1069
706 km or 438 mi Carupano
$710
711 km or 442 mi El Tigre
$700
720 km or 447 mi Bridgetown
$1353
730 km or 454 mi Holetown
$1294
737 km or 458 mi Cantaura
$637
753 km or 468 mi Anaco
$608
775 km or 482 mi Cumana
$686
778 km or 483 mi Porlamar
$654
783 km or 487 mi La Asuncion
$666
785 km or 488 mi Kingstown
$1008
792 km or 492 mi Georgetown
$993
805 km or 500 mi Puerto la Cruz
$732
808 km or 502 mi Barcelona
$719
812 km or 504 mi Lecheria
$769
830 km or 516 mi Vieux Fort
$1191
837 km or 520 mi Zaraza
$707
861 km or 535 mi Castries
$1108
905 km or 562 mi Valle de la Pascua
$753
926 km or 575 mi Fort-de-France
$1571
966 km or 600 mi Altagracia de Orituco
$763

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220