Honduras vs Panama - Cost of Living Comparison

Updated:

Livingcost

Honduras Panama
🚶 Cost of living one person
$845
$1324
👨‍👩‍👧‍👦 Cost of living Family
$2036
$3050
🏠 One person rent
$351
$742
🏘️ Family rent
$577
$1185
🍽️ Food expenses
$315
$427
🚐 Transport expenses
$96
$59.6
💳 Monthly salary after tax
$408
$850
💸 GDP per capita
$3426
$19161
😃 Human freedom index
6.99
7.92
❤️ Life expectancy
72.9
79.6
👮 Corruption perceptions index
22
33
🌐 English speaking %
1%
14%
🎓 Higher education
42
44
😀 Quality of life
29
60
🏙️ Population
10.8M
4.52M

The average cost of living in Honduras ($845) is 36% less expensive than in Panama ($1324). Honduras ranked 124th vs 53rd for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.5 months in Honduras compared to 0.6 months in Panama. Ranked 161st and 70th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Honduras vs Panama

We calculate prices for Honduras and Panama as a population-weighted mean of 10 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Honduras Panama
Eating Out
🍱 Lunch Menu
$6.92
$9.11
🥂 Dinner in a Restaurant, for 2
$25.8
$43.4
🥪 Fast food meal, equiv. McDonald's
$8.16
$7.14
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.47
$2.84
 Cappuccino
$2.37
$3.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.13
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$335
$787
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$247
$563
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$691
$1416
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$480
$956
🔌 Utility Bill one person, electricity, heating, water, etc.
$67.1
$88.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$103
$136
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$38
$46.3
🏦 Mortgage Interest Rate for 20 Years
12.38%
6.36%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$709
$2983
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$653
$1713
Transportation
🚌 Local transport ticket
$0.99
$0.43
🎟️ Monthly ticket local transport
$30.5
$29.7
🚕 Taxi Ride, 8 km or 5 mi
$20.2
$18.7
 Gas / Petrol, 1 L or 0.26 gal
$1.08
$1
Groceries
🥛 Milk, 1 L or 1 qt
$1.4
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$1.88
$2.35
🍚 Rice, 1 kg or 2.2 lb
$1.33
$2.53
🥚 Eggs, x12
$2.09
$3.07
🧀 Cheese, 1 kg or 2.2 lb
$6.93
$10.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.74
$6.37
🥩 Round Steak, 1 kg or 2.2 lb
$10.1
$9.68
🍏 Apples, 1 kg or 2.2 lb
$3.33
$3.5
🍌 Banana, 1 kg or 2.2 lb
$1.38
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$2.37
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$1.5
$2.97
🥔 Potato, 1 kg or 2.2 lb
$1.98
$2.47
🧅 Onion, 1 kg or 2.2 lb
$1.62
$3.68
🌊 Water, 1 L or 1 qt
$0.95
$1.15
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.8
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$11.7
$10.3
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.37
🚬 Cigarette pack
$2.67
$6.01
💊 Cold medicince, 1 week
$6.39
$11.4
🧴 Hair Shampoo
$6.07
$6.18
🧻 Toilet paper, 4 rolls
$3.06
$2.7
👄 Toothpaste, 1 tube
$2.68
$2.45
Other
🏋️ Gym Membership, 1 month
$33.5
$35.9
🎫 Cinema Ticket, 1 person
$4.84
$7.16
👩‍⚕️ Doctor's visit
$34.3
$42.4
💇 Haircut, simple
$5.24
$11.2
👖 Brand Jeans
$60.1
$50.2
👟 Brand Sneakers
$91.2
$85.8
👶 Daycare or Preschool, 1 month
$192
$501
🏫 International Primary School, 1 year
$3493
$12647

Cost of living in other countries

Cost of living

Cities Comparison in Honduras vs Panama

More countries to compare

Cost of Living in Popular cities

In Honduras

City Cost of living Population
Tegucigalpa
$863
1.06M
San Pedro Sula
$1015
719K
La Ceiba
$626
197K
Villanueva
$823
150K
Comayagua
$705
145K
Puerto Cortes
$739
122K
Choloma
$668
232K
El Progreso
$804
188K
Yoro
$737
86.7K
La Lima
$815
71.9K

In Panama

City Cost of living Population
Panama City
$1583
410K
Colon
$1179
242K
Tocumen
$1403
103K
Santiago de Veraguas
$1122
110K
La Chorrera
$977
68.9K
David
$922
82.9K
Pacora
$1395
52.5K
Penonome
$1153
21.7K
Balboa
$1425
10K
Chitre
$1154
9.02K