Havana vs Panama City - Cost of Living Comparison

Updated: October 14, 2025

	Havana	Panama City
🚶 Cost of living one person	$918	$1560
👨‍👩‍👧‍👦 Cost of living Family	$2272	$3547
🏠 One person rent	$375	$943
🏘️ Family rent	$620	$1558
🍽️ Food expenses	$346	$429
🚐 Transport expenses	$87.9	$78.4
💳 Monthly salary after tax	$488	$982
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	17 km	7 km
🎓 Higher education	47	43
😀 Quality of life	68	71
🏙️ Population	2.49M	410K

The cost of living in Havana is 41% less expensive than in Panama City. Cities ranked 6118th and 3737th ($918 vs $1560) 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 1st best city to live in Cuba vs Panama City ranked 1st in Panama, while ranked 4455th and 3765th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Havana vs Panama City infographic

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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	$4.37	$10.6
🥂 Dinner in a Restaurant, for 2	$27.5	$45.7
🥪 Fast food meal, equiv. McDonald's	$5.01	$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.99	$2.93
☕ Cappuccino	$1.01	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.07	$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$225	$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$292	$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$409	$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$537	$1306
🔌 Utility Bill one person, electricity, heating, water, etc.	$21.7	$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$33.4	$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$74.9	$45.5
🏦 Mortgage Interest Rate for 20 Years	9.12%	6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$398	$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$509	$1618
Transportation
🚌 Local transport ticket	$1.24	$0.35
🎟️ Monthly ticket local transport	$24.8	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$6.6	$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.25	$0.97
Groceries
🥛 Milk, 1 L or 1 qt	$2.81	$1.79
🍞 Bread, 0.5 kg or 1.1 lb	$1.21	$2.25
🍚 Rice, 1 kg or 2.2 lb	$2.32	$2.11
🥚 Eggs, x12	$4.13	$3.17
🧀 Cheese, 1 kg or 2.2 lb	$5.76	$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$5.47	$6.81
🥩 Round Steak, 1 kg or 2.2 lb	$9.34	$9.86
🍏 Apples, 1 kg or 2.2 lb	$4.99	$3.27
🍌 Banana, 1 kg or 2.2 lb	$1.29	$1.52
🍊 Oranges, 1 kg or 2.2 lb	$2.98	$3.27
🍅 Tomato, 1 kg or 2.2 lb	$2.22	$3.05
🥔 Potato, 1 kg or 2.2 lb	$2.12	$2.34
🧅 Onion, 1 kg or 2.2 lb	$2.56	$3.26
🌊 Water, 1 L or 1 qt	$1.19	$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$5.97	$2.44
🍾 Wine (mid-priced), 750 mL bottle	$8.04	$11.2
🍺 Beer, 0.5 L or 16 fl oz	$1.54	$1.38
🚬 Cigarette pack	$4.01	$5.92
💊 Cold medicince, 1 week	$10.4	$8.17
🧴 Hair Shampoo	$5.87	$8.06
🧻 Toilet paper, 4 rolls	$2.51	$2.98
👄 Toothpaste, 1 tube	$3.14	$3.05
Other
🏋️ Gym Membership, 1 month	$37.7	$42.6
🎫 Cinema Ticket, 1 person	$0.99	$7.32
👩‍⚕️ Doctor's visit	$63.4	$58.4
💇 Haircut, simple	$35.4	$14.3
👖 Brand Jeans	$34.8	$54
👟 Brand Sneakers	$75.5	$91.3
👶 Daycare or Preschool, 1 month	$112	$477
🏫 International Primary School, 1 year	$8426	$15637

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	$1064
55 km or 34 mi	Artemisa	$1014
81 km or 50 mi	Matanzas	$1164
119 km or 74 mi	Cardenas	$1157
156 km or 97 mi	Colon	$1114
157 km or 97 mi	Pinar del Rio	$1057
169 km or 105 mi	Key West	$3002
226 km or 140 mi	Cienfuegos	$855
237 km or 147 mi	Sagua La Grande	$1146
260 km or 161 mi	Santa Clara	$1154
292 km or 181 mi	Placetas	$1097
322 km or 200 mi	Homestead	$3343
328 km or 204 mi	Sancti Spiritus	$1221
337 km or 210 mi	Richmond West	$2905
340 km or 211 mi	Cutler Bay	$2885
345 km or 215 mi	Palmetto Bay	$2818
345 km or 215 mi	Kendall West	$2774
358 km or 222 mi	Sweetwater	$2649
359 km or 223 mi	Coral Gables	$2846
360 km or 224 mi	Doral	$2622
362 km or 225 mi	Bonita Springs	$2545
366 km or 227 mi	Miami	$3178
366 km or 228 mi	Hialeah Gardens	$2543
368 km or 229 mi	Hialeah	$2471
371 km or 230 mi	Estero	$2548
371 km or 230 mi	Miami Lakes	$2588
373 km or 232 mi	Miami Beach	$2839
377 km or 234 mi	Miami Gardens	$2705
377 km or 234 mi	North Miami	$2726
379 km or 236 mi	Miramar	$2788
381 km or 237 mi	Pembroke Pines	$2977
381 km or 237 mi	North Miami Beach	$2773
385 km or 239 mi	Sunny Isles Beach	$2813
385 km or 239 mi	Cooper	$2795
386 km or 240 mi	Weston	$2598
387 km or 240 mi	Aventura	$2794
388 km or 241 mi	Hallandale Beach	$2845
389 km or 242 mi	Davie	$2741
389 km or 242 mi	Hollywood	$3076
391 km or 243 mi	Fort Myers	$2854

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1400
16 km or 9.9 mi	Tocumen	$1377
26 km or 16 mi	Pacora	$1371
34 km or 21 mi	La Chorrera	$981
59 km or 37 mi	Colon	$1188
108 km or 67 mi	Penonome	$1150
154 km or 96 mi	Chitre	$1150
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$721
329 km or 204 mi	David	$925
398 km or 247 mi	Monteria	$663
403 km or 250 mi	Limon	$1288
406 km or 252 mi	Santa Cruz de Lorica	$715
452 km or 281 mi	Sincelejo	$547
463 km or 288 mi	Cartagena	$1105
483 km or 300 mi	Quibdo	$708
494 km or 307 mi	Cartago	$1241
513 km or 319 mi	San Jose	$1398
518 km or 322 mi	Heredia	$1335
521 km or 324 mi	Magangue	$667
526 km or 327 mi	Bello	$881
529 km or 329 mi	Alajuela	$1303
530 km or 329 mi	Medellin	$1030
534 km or 332 mi	Envigado	$950
558 km or 347 mi	Soledad	$883
559 km or 348 mi	Barranquilla	$843
595 km or 370 mi	Puntarenas	$821
617 km or 383 mi	Cartago	$679
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$678
627 km or 390 mi	Santa Teresa	$1236
627 km or 390 mi	Pereira	$730
631 km or 392 mi	Santa Marta	$929
632 km or 393 mi	Buenaventura	$782
636 km or 395 mi	Minca	$847
651 km or 404 mi	Salento	$655
652 km or 405 mi	Armenia	$667
657 km or 408 mi	Tulua	$511
658 km or 409 mi	Barrancabermeja	$1082
675 km or 419 mi	Liberia	$953