Indianapolis vs Panama City - Cost of Living Comparison

Updated: October 14, 2025

	Indianapolis	Panama City
🚶 Cost of living one person	$2382	$1560
👨‍👩‍👧‍👦 Cost of living Family	$5728	$3547
🏠 One person rent	$1450	$943
🏘️ Family rent	$2501	$1558
🍽️ Food expenses	$655	$429
🚐 Transport expenses	$124	$78.4
💳 Monthly salary after tax	$4546	$982
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	7 km
🎓 Higher education	70	43
😀 Quality of life	91	71
🏙️ Population	888K	410K

The cost of living in Indianapolis is 53% more expensive than in Panama City. Cities ranked 1089th and 3737th ($2382 vs $1560) in the list of the most expensive cities in the world and ranked 957th 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 1.9 months in Indianapolis compared to 0.6 months in Panama City. Indianapolis ranked 54th best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 186th 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 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	$10.6
🥂 Dinner in a Restaurant, for 2	$74.9	$45.7
🥪 Fast food meal, equiv. McDonald's	$11	$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$6	$2.93
☕ Cappuccino	$5.78	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.9	$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1547	$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1154	$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2724	$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2077	$1306
🔌 Utility Bill one person, electricity, heating, water, etc.	$143	$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$221	$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$74.1	$45.5
🏦 Mortgage Interest Rate for 20 Years	6.5%	6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1963	$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1551	$1618
Transportation
🚌 Local transport ticket	$1.76	$0.35
🎟️ Monthly ticket local transport	$60.1	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$15.7	$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.84	$0.97
Groceries
🥛 Milk, 1 L or 1 qt	$0.82	$1.79
🍞 Bread, 0.5 kg or 1.1 lb	$3.18	$2.25
🍚 Rice, 1 kg or 2.2 lb	$5.42	$2.11
🥚 Eggs, x12	$3.7	$3.17
🧀 Cheese, 1 kg or 2.2 lb	$10.7	$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.9	$6.81
🥩 Round Steak, 1 kg or 2.2 lb	$14.9	$9.86
🍏 Apples, 1 kg or 2.2 lb	$4.84	$3.27
🍌 Banana, 1 kg or 2.2 lb	$1.4	$1.52
🍊 Oranges, 1 kg or 2.2 lb	$6.14	$3.27
🍅 Tomato, 1 kg or 2.2 lb	$3.31	$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	$1.51	$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.79	$2.44
🍾 Wine (mid-priced), 750 mL bottle	$14.9	$11.2
🍺 Beer, 0.5 L or 16 fl oz	$1.74	$1.38
🚬 Cigarette pack	$9.94	$5.92
💊 Cold medicince, 1 week	$9.33	$8.17
🧴 Hair Shampoo	$6.02	$8.06
🧻 Toilet paper, 4 rolls	$5.29	$2.98
👄 Toothpaste, 1 tube	$1.93	$3.05
Other
🏋️ Gym Membership, 1 month	$41.3	$42.6
🎫 Cinema Ticket, 1 person	$15	$7.32
👩‍⚕️ Doctor's visit	$101	$58.4
💇 Haircut, simple	$16.8	$14.3
👖 Brand Jeans	$51.3	$54
👟 Brand Sneakers	$109	$91.3
👶 Daycare or Preschool, 1 month	$1686	$477
🏫 International Primary School, 1 year	$27445	$15637

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	$2070
18 km or 11 mi	Greenwood	$1941
22 km or 14 mi	Plainfield	$1978
22 km or 14 mi	Brownsburg	$1753
23 km or 14 mi	Carmel	$2035
24 km or 15 mi	Fishers	$2017
29 km or 18 mi	Westfield	$1984
32 km or 20 mi	Franklin	$1969
33 km or 21 mi	Greenfield	$1847
33 km or 21 mi	Noblesville	$1971
55 km or 34 mi	Anderson	$1848
65 km or 41 mi	Columbus	$1769
75 km or 46 mi	Bloomington	$2097
79 km or 49 mi	Kokomo	$1731
81 km or 50 mi	Muncie	$1484
95 km or 59 mi	Lafayette	$2031
96 km or 60 mi	Marion	$1851
99 km or 61 mi	West Lafayette	$1919
108 km or 67 mi	Richmond	$1857
111 km or 69 mi	Terre Haute	$1559
124 km or 77 mi	Oxford	$1915
132 km or 82 mi	Danville	$1905
143 km or 89 mi	Hamilton	$1993
147 km or 91 mi	Fairfield	$1990
155 km or 97 mi	Middletown	$1495
156 km or 97 mi	Florence	$1922
159 km or 99 mi	Cincinnati	$2025
160 km or 99 mi	Trotwood	$1957
162 km or 101 mi	Covington	$2480
165 km or 102 mi	Mason	$1899
165 km or 103 mi	Clarksville	$1845
166 km or 103 mi	Independence	$2140
166 km or 103 mi	New Albany	$1925
167 km or 104 mi	Dayton	$1917
168 km or 104 mi	Jeffersonville	$1738
168 km or 104 mi	Piqua	$1980
169 km or 105 mi	Troy	$1965
169 km or 105 mi	Fort Wayne	$1862
171 km or 106 mi	Lebanon	$1850
172 km or 107 mi	Kettering	$1961

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