Havana vs Panama City - Cost of Living Comparison

Updated: June 21, 2026

	Havana	Panama City
🚶 Cost of living one person	$1073	$1590
👨‍👩‍👧‍👦 Cost of living Family	$2571	$3556
🏠 One person rent	$472	$946
🏘️ Family rent	$777	$1545
🍽️ Food expenses	$378	$439
🚐 Transport expenses	$110	$100
💳 Monthly salary after tax	$553	$973
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	17 km	7 km
🎓 Higher education	46	42
😀 Quality of life	54	71
🏙️ Population	2.49M	1.54M

The cost of living in Havana is 33% less expensive than in Panama City. Cities ranked 5103rd and 3634th ($1073 vs $1590) in the list of the most expensive cities in the world and ranked 24th and 1st in Cuba and Panama, respectively. Check Cuba vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.5 months in Havana compared to 0.6 months in Panama City. Havana ranked 4th best city to live in Cuba vs Panama City ranked 1st in Panama, while ranked 6382nd and 3213th among best cities to live in the world.

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the estimated difference in money purchasing power

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Prices in Havana vs Panama City

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

	Havana	Panama City
Eating Out
🍱 Lunch Menu	$4.33	$9.69
🥂 Dinner in a Restaurant, for 2	$33.6	$45.4
🥪 Fast food meal, equiv. McDonald's	$5.01	$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.9	$2.93
☕ Cappuccino	$1.36	$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.71	$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$297	$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$385	$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$537	$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$688	$1223
🔌 Utility Bill one person, electricity, heating, water, etc.	$28.4	$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$43.2	$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$76.1	$44.6
🏦 Mortgage Interest Rate for 20 Years	9.1%	6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$332	$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$398	$1732
Transportation
🚌 Local transport ticket	$1.24	$0.35
🎟️ Monthly ticket local transport	$33.1	$22.5
🚕 Taxi Ride, 8 km or 5 mi	$8.57	$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.44	$0.98
Groceries
🥛 Milk, 1 L or 1 qt	$3.27	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$1.57	$2.17
🍚 Rice, 1 kg or 2.2 lb	$2.52	$2.34
🥚 Eggs, x12	$3.72	$3.11
🧀 Cheese, 1 kg or 2.2 lb	$5.53	$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.3	$7.11
🥩 Round Steak, 1 kg or 2.2 lb	$8.51	$10.6
🍏 Apples, 1 kg or 2.2 lb	$6.24	$3.56
🍌 Banana, 1 kg or 2.2 lb	$1.08	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$3.91	$3.7
🍅 Tomato, 1 kg or 2.2 lb	$2.72	$3.36
🥔 Potato, 1 kg or 2.2 lb	$2.78	$2.62
🧅 Onion, 1 kg or 2.2 lb	$3.06	$3.19
🌊 Water, 1 L or 1 qt	$0.95	$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$5.96	$2.37
🍾 Wine (mid-priced), 750 mL bottle	$6.98	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$1.82	$1.35
🚬 Cigarette pack	$4	$5.95
💊 Cold medicince, 1 week	$10.4	$8.08
🧴 Hair Shampoo	$5.8	$7.95
🧻 Toilet paper, 4 rolls	$2.53	$2.92
👄 Toothpaste, 1 tube	$3.15	$3.05
Other
🏋️ Gym Membership, 1 month	$36.8	$41.9
🎫 Cinema Ticket, 1 person	$1.29	$7.52
👩‍⚕️ Doctor's visit	$63.1	$42.9
💇 Haircut, simple	$35.2	$14.5
👖 Brand Jeans	$45.1	$58.4
👟 Brand Sneakers	$75.1	$90.7
👶 Daycare or Preschool, 1 month	$112	$505
🏫 International Primary School, 1 year	$7234	$11486

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Havana

Distance	City	Cost of living
47 km or 29 mi	Guines	$1213
55 km or 34 mi	Artemisa	$1168
81 km or 50 mi	Matanzas	$1163
119 km or 74 mi	Cardenas	$1196
156 km or 97 mi	Colon	$1160
157 km or 97 mi	Pinar del Rio	$1212
169 km or 105 mi	Key West	$2957
226 km or 140 mi	Cienfuegos	$886
237 km or 147 mi	Sagua La Grande	$1165
260 km or 161 mi	Santa Clara	$1158
292 km or 181 mi	Placetas	$1090
322 km or 200 mi	Homestead	$3151
328 km or 204 mi	Sancti Spiritus	$1232
337 km or 210 mi	Richmond West	$2843
340 km or 211 mi	Cutler Bay	$2859
345 km or 215 mi	Palmetto Bay	$2805
345 km or 215 mi	Kendall West	$2747
358 km or 222 mi	Sweetwater	$2668
359 km or 223 mi	Coral Gables	$2854
360 km or 224 mi	Doral	$2636
362 km or 225 mi	Bonita Springs	$2483
366 km or 227 mi	Miami	$3216
366 km or 228 mi	Hialeah Gardens	$2556
368 km or 229 mi	Hialeah	$2487
371 km or 230 mi	Estero	$2471
371 km or 230 mi	Miami Lakes	$2602
373 km or 232 mi	Miami Beach	$2840
377 km or 234 mi	Miami Gardens	$2705
377 km or 234 mi	North Miami	$2747
379 km or 236 mi	Miramar	$2808
381 km or 237 mi	Pembroke Pines	$3046
381 km or 237 mi	North Miami Beach	$2762
385 km or 239 mi	Sunny Isles Beach	$2842
385 km or 239 mi	Cooper	$2756
386 km or 240 mi	Weston	$2589
387 km or 240 mi	Aventura	$2802
388 km or 241 mi	Hallandale Beach	$2792
389 km or 242 mi	Davie	$2721
389 km or 242 mi	Hollywood	$2958
391 km or 243 mi	Fort Myers	$2607

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024