Indianapolis vs Panama City - Cost of Living Comparison

Updated: October 10, 2024

	Indianapolis	Panama City
🚶 Cost of living one person	$2187	$1384
👨‍👩‍👧‍👦 Cost of living Family	$5233	$3435
🏠 One person rent	$1311	$751
🏘️ Family rent	$2114	$1474
🍽️ Food expenses	$613	$444
🚐 Transport expenses	$124	$84.4
💳 Monthly salary after tax	$4970	$914
😷 Air quality	Moderate	Good
✈️ Airport proximity	13 km	7 km
🎓 Higher education	71	42
😀 Quality of life	90	66
🏙️ Population	888K	881K

The cost of living in Indianapolis is 58% more expensive than in Panama City. Cities ranked 1397th and 4139th ($2187 vs $1384) in the list of the most expensive cities in the world and ranked 1219th 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 2.3 months in Indianapolis compared to 0.7 months in Panama City. Indianapolis ranked 35th best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 159th and 3919th 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	$25.2	$12.3
🥂 Dinner in a Restaurant, for 2	$75.2	$55.2
🥪 Fast food meal, equiv. McDonald's	$10.1	$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.97	$2.94
☕ Cappuccino	$4.74	$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.43	$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1457	$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1013	$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2390	$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1686	$1198
🔌 Utility Bill one person, electricity, heating, water, etc.	$140	$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$218	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$69.5	$47.4
🏦 Mortgage Interest Rate for 20 Years	6.65%	6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1980	$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1549	$1535
Transportation
🚌 Local transport ticket	$1.76	$0.35
🎟️ Monthly ticket local transport	$59.5	$26.2
🚕 Taxi Ride, 8 km or 5 mi	$15.6	$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.93	$1.02
Groceries
🥛 Milk, 1 L or 1 qt	$0.8	$1.78
🍞 Bread, 0.5 kg or 1.1 lb	$3.02	$2.12
🍚 Rice, 1 kg or 2.2 lb	$5.4	$2.08
🥚 Eggs, x12	$2.6	$2.67
🧀 Cheese, 1 kg or 2.2 lb	$9.3	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$9.81	$7.23
🥩 Round Steak, 1 kg or 2.2 lb	$12.8	$10.4
🍏 Apples, 1 kg or 2.2 lb	$3.92	$3.11
🍌 Banana, 1 kg or 2.2 lb	$1.34	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$5.49	$3.09
🍅 Tomato, 1 kg or 2.2 lb	$3.16	$2.94
🥔 Potato, 1 kg or 2.2 lb	$2.37	$2.19
🧅 Onion, 1 kg or 2.2 lb	$2.71	$2.5
🌊 Water, 1 L or 1 qt	$1.42	$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.64	$2.51
🍾 Wine (mid-priced), 750 mL bottle	$14.1	$9.03
🍺 Beer, 0.5 L or 16 fl oz	$1.74	$1.14
🚬 Cigarette pack	$8.07	$5.89
💊 Cold medicince, 1 week	$9.35	$10.5
🧴 Hair Shampoo	$4.52	$6.97
🧻 Toilet paper, 4 rolls	$4.51	$3.12
👄 Toothpaste, 1 tube	$2.21	$3.06
Other
🏋️ Gym Membership, 1 month	$46.9	$43.8
🎫 Cinema Ticket, 1 person	$11.9	$6.71
👩‍⚕️ Doctor's visit	$110	$49.1
💇 Haircut, simple	$16.8	$13.7
👖 Brand Jeans	$49.9	$54.3
👟 Brand Sneakers	$65.3	$90.2
👶 Daycare or Preschool, 1 month	$1865	$437
🏫 International Primary School, 1 year	$27094	$9531

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	$1999
18 km or 11 mi	Greenwood	$1978
22 km or 14 mi	Plainfield	$1927
22 km or 14 mi	Brownsburg	$1745
23 km or 14 mi	Carmel	$1963
24 km or 15 mi	Fishers	$1954
29 km or 18 mi	Westfield	$1917
32 km or 20 mi	Franklin	$1975
33 km or 21 mi	Greenfield	$1929
33 km or 21 mi	Noblesville	$1905
55 km or 34 mi	Anderson	$1694
65 km or 41 mi	Columbus	$1900
75 km or 46 mi	Bloomington	$2092
79 km or 49 mi	Kokomo	$1612
81 km or 50 mi	Muncie	$1448
95 km or 59 mi	Lafayette	$1894
96 km or 60 mi	Marion	$1793
99 km or 61 mi	West Lafayette	$1980
108 km or 67 mi	Richmond	$1822
111 km or 69 mi	Terre Haute	$1560
124 km or 77 mi	Oxford	$1837
132 km or 82 mi	Danville	$1814
143 km or 89 mi	Hamilton	$1877
147 km or 91 mi	Fairfield	$1896
155 km or 97 mi	Middletown	$1436
156 km or 97 mi	Florence	$1921
159 km or 99 mi	Cincinnati	$1912
160 km or 99 mi	Trotwood	$1824
162 km or 101 mi	Covington	$2464
165 km or 102 mi	Mason	$1852
165 km or 103 mi	Clarksville	$1840
166 km or 103 mi	Independence	$2124
166 km or 103 mi	New Albany	$1896
167 km or 104 mi	Dayton	$1735
168 km or 104 mi	Jeffersonville	$1724
168 km or 104 mi	Piqua	$1894
169 km or 105 mi	Troy	$1860
169 km or 105 mi	Fort Wayne	$1845
171 km or 106 mi	Lebanon	$1856
172 km or 107 mi	Kettering	$1828

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898