Istanbul vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Istanbul Panama City
🚶 Cost of living one person
$1305
$1583
👨‍👩‍👧‍👦 Cost of living Family
$3329
$3567
🏠 One person rent
$689
$976
🏘️ Family rent
$1222
$1633
🍽️ Food expenses
$350
$432
🚐 Transport expenses
$152
$69.1
💳 Monthly salary after tax
$1095
$936
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
12 km
7 km
🎓 Higher education
95
42
😀 Quality of life
78
69
🏙️ Population
15.7M
410K

The cost of living in Istanbul is 18% less expensive than in Panama City. Cities ranked 4562nd and 3744th ($1305 vs $1583) in the list of the most expensive cities in the world and ranked 1st and 1st in Turkey and Panama, respectively. Check Turkey vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Istanbul compared to 0.6 months in Panama City. Istanbul ranked 1st best city to live in Turkey vs Panama City ranked 1st in Panama, while ranked 925th and 4400th among best cities to live in the world.

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Prices in Istanbul vs Panama City

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

Istanbul Panama City
Eating Out
🍱 Lunch Menu
$10.5
$10.6
🥂 Dinner in a Restaurant, for 2
$43.5
$45.3
🥪 Fast food meal, equiv. McDonald's
$9.13
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.11
$2.97
☕ Cappuccino
$3.92
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.63
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$896
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$561
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1645
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1007
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$47.4
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$73.1
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$13.7
$45.4
🏦 Mortgage Interest Rate for 20 Years
43.72%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1596
$1725
Transportation
🚌 Local transport ticket
$0.79
$0.35
🎟️ Monthly ticket local transport
$54.8
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$7.53
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.2
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$0.68
$2.23
🍚 Rice, 1 kg or 2.2 lb
$1.7
$2.33
🥚 Eggs, x12
$2.46
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$10.1
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.91
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$20.7
$9.64
🍏 Apples, 1 kg or 2.2 lb
$1.75
$3.53
🍌 Banana, 1 kg or 2.2 lb
$2.37
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$1.6
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$1.32
$3.03
🥔 Potato, 1 kg or 2.2 lb
$0.57
$2.46
🧅 Onion, 1 kg or 2.2 lb
$0.52
$3.74
🌊 Water, 1 L or 1 qt
$0.39
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.43
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$2.18
$1.44
🚬 Cigarette pack
$2.19
$6.04
💊 Cold medicince, 1 week
$3.32
$8.16
🧴 Hair Shampoo
$3.23
$8.03
🧻 Toilet paper, 4 rolls
$2.1
$2.96
👄 Toothpaste, 1 tube
$2.29
$3.04
Other
🏋️ Gym Membership, 1 month
$57.5
$42.8
🎫 Cinema Ticket, 1 person
$7.96
$7.3
👩‍⚕️ Doctor's visit
$57.5
$50.2
💇 Haircut, simple
$8.88
$14.5
👖 Brand Jeans
$54.7
$53.6
👟 Brand Sneakers
$105
$91.3
👶 Daycare or Preschool, 1 month
$1021
$503
🏫 International Primary School, 1 year
$20004
$13402

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Istanbul

Distance City Cost of living
40 km or 25 mi Cayirova
$671
46 km or 28 mi Gebze
$652
73 km or 45 mi Korfez
$817
79 km or 49 mi Kocaeli
$867
83 km or 51 mi Golcuk
$828
87 km or 54 mi Izmit
$945
91 km or 56 mi Kapakli
$733
92 km or 57 mi Bursa
$894
96 km or 59 mi Kartepe
$836
98 km or 61 mi Corlu
$691
111 km or 69 mi Bandirma
$731
113 km or 70 mi Inegol
$769
121 km or 75 mi Tekirdag
$590
124 km or 77 mi Adapazari
$543
124 km or 77 mi Sakarya
$681
129 km or 80 mi Bilecik
$806
141 km or 88 mi Luleburgaz
$688
166 km or 103 mi Kirklareli
$552
176 km or 110 mi Balikesir
$746
186 km or 115 mi Duzce
$662
190 km or 118 mi Eskisehir
$748
192 km or 120 mi Uzunkopru
$819
197 km or 122 mi Kutahya
$601
207 km or 129 mi Burgas
$872
208 km or 129 mi Karadeniz Eregli
$711
214 km or 133 mi Edirne
$1137
224 km or 139 mi Bolu
$705
234 km or 145 mi Soma
$752
236 km or 147 mi Canakkale
$712
259 km or 161 mi Varna
$1099
260 km or 162 mi Alexandroupoli
$1029
261 km or 162 mi Yambol
$644
261 km or 162 mi Usak
$698
284 km or 177 mi Afyonkarahisar
$626
287 km or 178 mi Sliven
$607
290 km or 180 mi Salihli
$742
290 km or 180 mi Bartin
$710
295 km or 184 mi Manisa
$767
296 km or 184 mi Mytilene
$1079
299 km or 186 mi Komotini
$1041

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