La Paz vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	La Paz	Panama City
🚶 Cost of living one person	$688	$1479
👨‍👩‍👧‍👦 Cost of living Family	$1656	$3609
🏠 One person rent	$304	$846
🏘️ Family rent	$525	$1592
🍽️ Food expenses	$236	$440
🚐 Transport expenses	$71.5	$83
💳 Monthly salary after tax	$414	$967
😷 Air quality	Moderate	Good
✈️ Airport proximity	5 km	7 km
🎓 Higher education	33	42
😀 Quality of life	46	67
🏙️ Population	756K	881K

The cost of living in La Paz is 53% less expensive than in Panama City. Cities ranked 6947th and 3517th ($688 vs $1479) in the list of the most expensive cities in the world and ranked 3rd and 1st in Bolivia and Panama, respectively. Check Bolivia vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in La Paz compared to 0.7 months in Panama City. La Paz ranked 2nd best city to live in Bolivia vs Panama City ranked 1st in Panama, while ranked 6481st and 3734th among best cities to live in the world.

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Cost of living in La Paz vs Panama City infographic

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Prices in La Paz vs Panama City

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

	La Paz	Panama City
Eating Out
🍱 Lunch Menu	$4.01	$10.4
🥂 Dinner in a Restaurant, for 2	$18.5	$48.5
🥪 Fast food meal, equiv. McDonald's	$7.09	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.32	$2.97
☕ Cappuccino	$2.88	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.14	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$311	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$232	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$603	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$421	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$23.4	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$36	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32	$45.4
🏦 Mortgage Interest Rate for 20 Years	8.98%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1230	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$864	$1632
Transportation
🚌 Local transport ticket	$0.33	$0.42
🎟️ Monthly ticket local transport	$26.8	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$12.8	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.55	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$1.03	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$0.66	$2.19
🍚 Rice, 1 kg or 2.2 lb	$0.85	$2.33
🥚 Eggs, x12	$1.9	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$5.99	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$4.13	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$6.88	$9.99
🍏 Apples, 1 kg or 2.2 lb	$2.08	$3.44
🍌 Banana, 1 kg or 2.2 lb	$1.02	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$1.03	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$1.13	$2.94
🥔 Potato, 1 kg or 2.2 lb	$1.18	$2.23
🧅 Onion, 1 kg or 2.2 lb	$0.76	$2.8
🌊 Water, 1 L or 1 qt	$0.75	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.65	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$6.88	$10
🍺 Beer, 0.5 L or 16 fl oz	$1.98	$1.29
🚬 Cigarette pack	$2.6	$5.98
💊 Cold medicince, 1 week	$4.45	$11.7
🧴 Hair Shampoo	$4.42	$7.94
🧻 Toilet paper, 4 rolls	$1.54	$3.37
👄 Toothpaste, 1 tube	$2.59	$3.71
Other
🏋️ Gym Membership, 1 month	$31.3	$45.3
🎫 Cinema Ticket, 1 person	$6.51	$7.22
👩‍⚕️ Doctor's visit	$30.7	$54.5
💇 Haircut, simple	$8.83	$12.9
👖 Brand Jeans	$39.3	$56.8
👟 Brand Sneakers	$73.5	$93.2
👶 Daycare or Preschool, 1 month	$144	$477
🏫 International Primary School, 1 year	$3313	$13616

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near La Paz

Distance	City	Cost of living
5.6 km or 3.5 mi	El Alto	$673
197 km or 122 mi	Oruro	$600
213 km or 132 mi	Puno	$520
234 km or 145 mi	Cochabamba	$535
239 km or 149 mi	Juliaca	$547
246 km or 153 mi	Sacaba	$538
283 km or 176 mi	Tacna	$414
319 km or 198 mi	Arica	$748
362 km or 225 mi	Arequipa	$588
394 km or 245 mi	Trinidad	$774
417 km or 259 mi	Sucre	$666
427 km or 265 mi	Potosi	$507
447 km or 278 mi	Puerto Maldonado	$560
465 km or 289 mi	Iquique	$923
528 km or 328 mi	Cusco	$626
545 km or 339 mi	Santa Cruz de la Sierra	$780
600 km or 373 mi	Abancay	$591
665 km or 413 mi	Tarija	$630
669 km or 415 mi	Calama	$673
714 km or 443 mi	San Pedro de Atacama	$734
725 km or 451 mi	Rio Branco	$735
751 km or 467 mi	Ayacucho	$598
806 km or 501 mi	Tartagal	$804
829 km or 515 mi	Antofagasta	$1011
840 km or 522 mi	San Ramon de la Nueva Oran	$804
857 km or 533 mi	Ica	$656
868 km or 539 mi	Rolim de Moura	$576
885 km or 550 mi	Libertador General San Martin	$787
905 km or 562 mi	San Salvador de Jujuy	$729
907 km or 563 mi	Huancayo	$562
915 km or 568 mi	Ji-Parana	$575
917 km or 570 mi	Ariquemes	$575
918 km or 571 mi	Pisco	$614
926 km or 575 mi	San Pedro de Jujuy	$796
957 km or 594 mi	Vilhena	$577
965 km or 600 mi	Salta	$1121
975 km or 606 mi	Porto Velho	$606
1077 km or 669 mi	Lima	$977
1086 km or 675 mi	Callao	$790
1101 km or 684 mi	Cruzeiro do Sul	$580

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