Istanbul vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Istanbul Panama City
🚶 Cost of living one person
$1025
$1316
👨‍👩‍👧‍👦 Cost of living Family
$2651
$3171
🏠 One person rent
$514
$709
🏘️ Family rent
$1033
$1291
🍽️ Food expenses
$309
$426
🚐 Transport expenses
$111
$78
💳 Monthly salary after tax
$752
$901
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
12 km
7 km
🎓 Higher education
95
42
😀 Quality of life
76
67
🏙️ Population
15.5M
881K

The cost of living in Istanbul is 22% less expensive than in Panama City. Cities ranked 5143rd and 4138th ($1025 vs $1316) 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 0.7 months in Istanbul compared to 0.7 months in Panama City. Istanbul ranked 1st best city to live in Turkey vs Panama City ranked 1st in Panama, while ranked 798th and 3926th 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
$9.37
$11.5
🥂 Dinner in a Restaurant, for 2
$36.7
$51.8
🥪 Fast food meal, equiv. McDonald's
$6.3
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.38
$2.6
 Cappuccino
$2.49
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.07
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$646
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$422
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1399
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$854
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$37
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$60.1
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$10.3
$47.6
🏦 Mortgage Interest Rate for 20 Years
38.14%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2865
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1650
$1457
Transportation
🚌 Local transport ticket
$0.59
$0.35
🎟️ Monthly ticket local transport
$37.3
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$4.79
$12
 Gas / Petrol, 1 L or 0.26 gal
$1.26
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.1
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$0.56
$2.11
🍚 Rice, 1 kg or 2.2 lb
$1.71
$1.71
🥚 Eggs, x12
$2.18
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$7.53
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.47
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$14
$8.87
🍏 Apples, 1 kg or 2.2 lb
$1.11
$2.91
🍌 Banana, 1 kg or 2.2 lb
$1.64
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$1.07
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$1.17
$2.81
🥔 Potato, 1 kg or 2.2 lb
$0.7
$2.1
🧅 Onion, 1 kg or 2.2 lb
$0.52
$2.02
🌊 Water, 1 L or 1 qt
$0.26
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.67
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$9.69
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$1.78
$1.14
🚬 Cigarette pack
$1.78
$5.88
💊 Cold medicince, 1 week
$10.4
$9.43
🧴 Hair Shampoo
$5.97
$7.05
🧻 Toilet paper, 4 rolls
$2.82
$3.43
👄 Toothpaste, 1 tube
$3.43
$3.7
Other
🏋️ Gym Membership, 1 month
$37.6
$42
🎫 Cinema Ticket, 1 person
$4.89
$6.85
👩‍⚕️ Doctor's visit
$54.4
$48.6
💇 Haircut, simple
$7.84
$13.5
👖 Brand Jeans
$45.8
$54.3
👟 Brand Sneakers
$83
$86.9
👶 Daycare or Preschool, 1 month
$423
$408
🏫 International Primary School, 1 year
$9042
$9581

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
$574
46 km or 28 mi Gebze
$582
73 km or 45 mi Korfez
$558
79 km or 49 mi Kocaeli
$527
83 km or 51 mi Golcuk
$577
87 km or 54 mi Izmit
$618
91 km or 56 mi Kapakli
$550
92 km or 57 mi Bursa
$772
96 km or 59 mi Kartepe
$577
98 km or 61 mi Corlu
$512
111 km or 69 mi Bandirma
$576
113 km or 70 mi Inegol
$642
121 km or 75 mi Tekirdag
$414
124 km or 77 mi Adapazari
$421
124 km or 77 mi Sakarya
$616
129 km or 80 mi Bilecik
$646
141 km or 88 mi Luleburgaz
$500
166 km or 103 mi Kirklareli
$407
176 km or 110 mi Balikesir
$665
186 km or 115 mi Duzce
$438
190 km or 118 mi Eskisehir
$558
192 km or 120 mi Uzunkopru
$561
197 km or 122 mi Kutahya
$640
207 km or 129 mi Burgas
$508
208 km or 129 mi Karadeniz Eregli
$530
214 km or 133 mi Edirne
$665
224 km or 139 mi Bolu
$519
234 km or 145 mi Soma
$618
236 km or 147 mi Canakkale
$570
259 km or 161 mi Varna
$851
260 km or 162 mi Alexandroupoli
$907
261 km or 162 mi Yambol
$563
261 km or 162 mi Usak
$576
284 km or 177 mi Afyonkarahisar
$493
287 km or 178 mi Sliven
$616
290 km or 180 mi Salihli
$606
290 km or 180 mi Bartin
$567
295 km or 184 mi Manisa
$647
296 km or 184 mi Mytilene
$937
299 km or 186 mi Komotini
$1001

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220