Havana vs Panama City - Cost of Living Comparison

Updated: March 11, 2026

	Havana	Panama City
🚶 Cost of living one person	$993	$1583
👨‍👩‍👧‍👦 Cost of living Family	$2412	$3567
🏠 One person rent	$421	$976
🏘️ Family rent	$682	$1633
🍽️ Food expenses	$358	$432
🚐 Transport expenses	$99.8	$69.1
💳 Monthly salary after tax	$419	$936
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	17 km	7 km
🎓 Higher education	46	42
😀 Quality of life	53	69
🏙️ Population	2.49M	410K

The cost of living in Havana is 37% less expensive than in Panama City. Cities ranked 5709th and 3744th ($993 vs $1583) 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 0.4 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 6482nd and 4400th among best cities to live in the world.

Salary adjustment calculator
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	$3.77	$10.6
🥂 Dinner in a Restaurant, for 2	$30.5	$45.3
🥪 Fast food meal, equiv. McDonald's	$5.02	$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.23	$2.97
☕ Cappuccino	$1.17	$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.85	$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$259	$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$335	$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$469	$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$592	$1347
🔌 Utility Bill one person, electricity, heating, water, etc.	$24.8	$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$38	$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$76.4	$45.4
🏦 Mortgage Interest Rate for 20 Years	9.15%	6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$383	$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$432	$1725
Transportation
🚌 Local transport ticket	$1.26	$0.35
🎟️ Monthly ticket local transport	$28.7	$22.2
🚕 Taxi Ride, 8 km or 5 mi	$7.52	$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.44	$0.93
Groceries
🥛 Milk, 1 L or 1 qt	$3.21	$1.84
🍞 Bread, 0.5 kg or 1.1 lb	$1.38	$2.23
🍚 Rice, 1 kg or 2.2 lb	$2.59	$2.33
🥚 Eggs, x12	$3.9	$3.26
🧀 Cheese, 1 kg or 2.2 lb	$5.49	$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.32	$6.57
🥩 Round Steak, 1 kg or 2.2 lb	$8.43	$9.64
🍏 Apples, 1 kg or 2.2 lb	$5.39	$3.53
🍌 Banana, 1 kg or 2.2 lb	$1.11	$1.62
🍊 Oranges, 1 kg or 2.2 lb	$3.42	$3.29
🍅 Tomato, 1 kg or 2.2 lb	$2.38	$3.03
🥔 Potato, 1 kg or 2.2 lb	$2.43	$2.46
🧅 Onion, 1 kg or 2.2 lb	$2.68	$3.74
🌊 Water, 1 L or 1 qt	$1.01	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$6.02	$2.41
🍾 Wine (mid-priced), 750 mL bottle	$8.28	$11.6
🍺 Beer, 0.5 L or 16 fl oz	$1.79	$1.44
🚬 Cigarette pack	$4.65	$6.04
💊 Cold medicince, 1 week	$10.4	$8.16
🧴 Hair Shampoo	$5.81	$8.03
🧻 Toilet paper, 4 rolls	$2.51	$2.96
👄 Toothpaste, 1 tube	$3.17	$3.04
Other
🏋️ Gym Membership, 1 month	$43.7	$42.8
🎫 Cinema Ticket, 1 person	$1.13	$7.3
👩‍⚕️ Doctor's visit	$63.3	$50.2
💇 Haircut, simple	$35.5	$14.5
👖 Brand Jeans	$40.4	$53.6
👟 Brand Sneakers	$79.2	$91.3
👶 Daycare or Preschool, 1 month	$112	$503
🏫 International Primary School, 1 year	$8521	$13402

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	$1141
55 km or 34 mi	Artemisa	$1091
81 km or 50 mi	Matanzas	$1164
119 km or 74 mi	Cardenas	$1199
156 km or 97 mi	Colon	$1155
157 km or 97 mi	Pinar del Rio	$1138
169 km or 105 mi	Key West	$2932
226 km or 140 mi	Cienfuegos	$872
237 km or 147 mi	Sagua La Grande	$1170
260 km or 161 mi	Santa Clara	$1157
292 km or 181 mi	Placetas	$1097
322 km or 200 mi	Homestead	$3170
328 km or 204 mi	Sancti Spiritus	$1228
337 km or 210 mi	Richmond West	$2831
340 km or 211 mi	Cutler Bay	$2847
345 km or 215 mi	Palmetto Bay	$2801
345 km or 215 mi	Kendall West	$2761
358 km or 222 mi	Sweetwater	$2662
359 km or 223 mi	Coral Gables	$2872
360 km or 224 mi	Doral	$2620
362 km or 225 mi	Bonita Springs	$2502
366 km or 227 mi	Miami	$3297
366 km or 228 mi	Hialeah Gardens	$2532
368 km or 229 mi	Hialeah	$2465
371 km or 230 mi	Estero	$2509
371 km or 230 mi	Miami Lakes	$2589
373 km or 232 mi	Miami Beach	$2870
377 km or 234 mi	Miami Gardens	$2684
377 km or 234 mi	North Miami	$2738
379 km or 236 mi	Miramar	$2775
381 km or 237 mi	Pembroke Pines	$2991
381 km or 237 mi	North Miami Beach	$2739
385 km or 239 mi	Sunny Isles Beach	$2808
385 km or 239 mi	Cooper	$2739
386 km or 240 mi	Weston	$2586
387 km or 240 mi	Aventura	$2767
388 km or 241 mi	Hallandale Beach	$2783
389 km or 242 mi	Davie	$2713
389 km or 242 mi	Hollywood	$2963
391 km or 243 mi	Fort Myers	$2690

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