Managua vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Managua Panama City
🚶 Cost of living one person
$788
$1590
👨‍👩‍👧‍👦 Cost of living Family
$1952
$3556
🏠 One person rent
$292
$946
🏘️ Family rent
$477
$1545
🍽️ Food expenses
$346
$439
🚐 Transport expenses
$49.9
$100
💳 Monthly salary after tax
$172
$973
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
11 km
7 km
🎓 Higher education
33
42
😀 Quality of life
48
71
🏙️ Population
937K
1.54M

The cost of living in Managua is 50% less expensive than in Panama City. Cities ranked 6834th and 3634th ($788 vs $1590) in the list of the most expensive cities in the world and ranked 5th and 1st in Nicaragua and Panama, respectively. Check Nicaragua vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.2 months in Managua compared to 0.6 months in Panama City. Managua ranked 1st best city to live in Nicaragua vs Panama City ranked 1st in Panama, while ranked 6915th and 3213th among best cities to live in the world.

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Prices in Managua vs Panama City

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

Managua Panama City
Eating Out
🍱 Lunch Menu
$5.65
$9.69
🥂 Dinner in a Restaurant, for 2
$37.4
$45.4
🥪 Fast food meal, equiv. McDonald's
$7.65
$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.44
$2.93
☕ Cappuccino
$2.54
$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.86
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$234
$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$176
$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$426
$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$312
$1223
🔌 Utility Bill one person, electricity, heating, water, etc.
$67.9
$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$106
$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$36.8
$44.6
🏦 Mortgage Interest Rate for 20 Years
10.31%
6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1195
$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$586
$1732
Transportation
🚌 Local transport ticket
$0.14
$0.35
🎟️ Monthly ticket local transport
$6.03
$22.5
🚕 Taxi Ride, 8 km or 5 mi
$7.77
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.34
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$1.26
$1.83
🍞 Bread, 0.5 kg or 1.1 lb
$2.37
$2.17
🍚 Rice, 1 kg or 2.2 lb
$1.76
$2.34
🥚 Eggs, x12
$2.33
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$11.7
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.61
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$7.15
$10.6
🍏 Apples, 1 kg or 2.2 lb
$3.73
$3.56
🍌 Banana, 1 kg or 2.2 lb
$0.73
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.81
$3.7
🍅 Tomato, 1 kg or 2.2 lb
$2.23
$3.36
🥔 Potato, 1 kg or 2.2 lb
$3.89
$2.62
🧅 Onion, 1 kg or 2.2 lb
$2.23
$3.19
🌊 Water, 1 L or 1 qt
$0.69
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.46
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$14.5
$12.1
🍺 Beer, 0.5 L or 16 fl oz
$1.43
$1.35
🚬 Cigarette pack
$2.66
$5.95
💊 Cold medicince, 1 week
$6.21
$8.08
🧴 Hair Shampoo
$5.22
$7.95
🧻 Toilet paper, 4 rolls
$2.89
$2.92
👄 Toothpaste, 1 tube
$1.59
$3.05
Other
🏋️ Gym Membership, 1 month
$36
$41.9
🎫 Cinema Ticket, 1 person
$8.42
$7.52
👩‍⚕️ Doctor's visit
$21.2
$42.9
💇 Haircut, simple
$4.82
$14.5
👖 Brand Jeans
$69.2
$58.4
👟 Brand Sneakers
$132
$90.7
👶 Daycare or Preschool, 1 month
$162
$505
🏫 International Primary School, 1 year
$6086
$11486

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Managua

Distance City Cost of living
27 km or 17 mi Masaya
$817
42 km or 26 mi Granada
$706
74 km or 46 mi Leon
$759
93 km or 58 mi Matagalpa
$665
95 km or 59 mi Juigalpa
$796
104 km or 65 mi Esteli
$716
108 km or 67 mi Chinandega
$791
108 km or 67 mi Jinotega
$503
109 km or 68 mi San Juan del Sur
$844
192 km or 119 mi Liberia
$1024
211 km or 131 mi Tamarindo
$1929
239 km or 148 mi Tegucigalpa
$909
255 km or 159 mi San Miguel
$1132
272 km or 169 mi Usulutan
$1123
288 km or 179 mi Puntarenas
$872
297 km or 185 mi Comayagua
$678
303 km or 188 mi Santa Teresa
$1325
326 km or 203 mi Alajuela
$1362
335 km or 208 mi Heredia
$1471
343 km or 213 mi San Jose
$1574
345 km or 214 mi Yoro
$756
361 km or 224 mi Soyapango
$1261
361 km or 224 mi San Salvador
$1291
361 km or 224 mi Cartago
$1361
365 km or 227 mi Mejicanos
$1254
365 km or 227 mi Apopa
$1231
369 km or 229 mi Santa Tecla
$1183
398 km or 247 mi El Progreso
$832
400 km or 248 mi Villanueva
$860
406 km or 252 mi La Lima
$854
408 km or 253 mi La Ceiba
$619
408 km or 254 mi Santa Ana
$770
412 km or 256 mi Sonsonate
$905
418 km or 260 mi San Pedro Sula
$1004
427 km or 265 mi Limon
$1228
430 km or 267 mi Choloma
$681
435 km or 270 mi Ahuachapan
$1476
453 km or 282 mi Puerto Cortes
$767
489 km or 304 mi Jalapa
$1130
533 km or 331 mi San Miguel Petapa
$1127

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024