Indianapolis vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	Indianapolis	Panama City
🚶 Cost of living one person	$2189	$1479
👨‍👩‍👧‍👦 Cost of living Family	$5318	$3609
🏠 One person rent	$1304	$846
🏘️ Family rent	$2170	$1592
🍽️ Food expenses	$615	$440
🚐 Transport expenses	$123	$83
💳 Monthly salary after tax	$4608	$967
😷 Air quality	Moderate	Good
✈️ Airport proximity	13 km	7 km
🎓 Higher education	71	42
😀 Quality of life	89	67
🏙️ Population	888K	881K

The cost of living in Indianapolis is 48% more expensive than in Panama City. Cities ranked 1378th and 3517th ($2189 vs $1479) in the list of the most expensive cities in the world and ranked 1239th and 1st in the United States and Panama, respectively. Check the United States vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 2.1 months in Indianapolis compared to 0.7 months in Panama City. Indianapolis ranked 44th best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 191st and 3734th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Indianapolis vs Panama City infographic

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Prices in Indianapolis vs Panama City

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

	Indianapolis	Panama City
Eating Out
🍱 Lunch Menu	$25.1	$10.4
🥂 Dinner in a Restaurant, for 2	$68.1	$48.5
🥪 Fast food meal, equiv. McDonald's	$9.98	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$6.05	$2.97
☕ Cappuccino	$4.95	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.7	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1424	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1026	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2421	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1776	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$127	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$194	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$70.6	$45.4
🏦 Mortgage Interest Rate for 20 Years	6.64%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1949	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1579	$1632
Transportation
🚌 Local transport ticket	$1.74	$0.42
🎟️ Monthly ticket local transport	$59.6	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$15.6	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.9	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$0.8	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$2.96	$2.19
🍚 Rice, 1 kg or 2.2 lb	$4.97	$2.33
🥚 Eggs, x12	$3.09	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$9.38	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.2	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$14.8	$9.99
🍏 Apples, 1 kg or 2.2 lb	$4.36	$3.44
🍌 Banana, 1 kg or 2.2 lb	$1.28	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$5.9	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$3.16	$2.94
🥔 Potato, 1 kg or 2.2 lb	$2.3	$2.23
🧅 Onion, 1 kg or 2.2 lb	$2.62	$2.8
🌊 Water, 1 L or 1 qt	$1.35	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.69	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$12.1	$10
🍺 Beer, 0.5 L or 16 fl oz	$1.73	$1.29
🚬 Cigarette pack	$8.75	$5.98
💊 Cold medicince, 1 week	$9.25	$11.7
🧴 Hair Shampoo	$4.52	$7.94
🧻 Toilet paper, 4 rolls	$4.45	$3.37
👄 Toothpaste, 1 tube	$2.24	$3.71
Other
🏋️ Gym Membership, 1 month	$38	$45.3
🎫 Cinema Ticket, 1 person	$12.4	$7.22
👩‍⚕️ Doctor's visit	$110	$54.5
💇 Haircut, simple	$18.3	$12.9
👖 Brand Jeans	$49.3	$56.8
👟 Brand Sneakers	$88.9	$93.2
👶 Daycare or Preschool, 1 month	$1868	$477
🏫 International Primary School, 1 year	$27149	$13616

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Indianapolis

Distance	City	Cost of living
17 km or 11 mi	Lawrence	$2023
18 km or 11 mi	Greenwood	$2010
22 km or 14 mi	Plainfield	$1953
22 km or 14 mi	Brownsburg	$1751
23 km or 14 mi	Carmel	$1981
24 km or 15 mi	Fishers	$1974
29 km or 18 mi	Westfield	$1951
32 km or 20 mi	Franklin	$2001
33 km or 21 mi	Greenfield	$1880
33 km or 21 mi	Noblesville	$1944
55 km or 34 mi	Anderson	$1806
65 km or 41 mi	Columbus	$1875
75 km or 46 mi	Bloomington	$2147
79 km or 49 mi	Kokomo	$1736
81 km or 50 mi	Muncie	$1613
95 km or 59 mi	Lafayette	$2007
96 km or 60 mi	Marion	$1870
99 km or 61 mi	West Lafayette	$2004
108 km or 67 mi	Richmond	$1872
111 km or 69 mi	Terre Haute	$1561
124 km or 77 mi	Oxford	$1839
132 km or 82 mi	Danville	$1875
143 km or 89 mi	Hamilton	$1895
147 km or 91 mi	Fairfield	$1914
155 km or 97 mi	Middletown	$1427
156 km or 97 mi	Florence	$1940
159 km or 99 mi	Cincinnati	$1925
160 km or 99 mi	Trotwood	$1870
162 km or 101 mi	Covington	$2490
165 km or 102 mi	Mason	$1853
165 km or 103 mi	Clarksville	$1863
166 km or 103 mi	Independence	$2145
166 km or 103 mi	New Albany	$1903
167 km or 104 mi	Dayton	$1783
168 km or 104 mi	Jeffersonville	$1731
168 km or 104 mi	Piqua	$1914
169 km or 105 mi	Troy	$1897
169 km or 105 mi	Fort Wayne	$1939
171 km or 106 mi	Lebanon	$1834
172 km or 107 mi	Kettering	$1890

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932