Managua vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Managua Panama City
🚶 Cost of living one person
$760
$1560
👨‍👩‍👧‍👦 Cost of living Family
$1894
$3547
🏠 One person rent
$279
$943
🏘️ Family rent
$460
$1558
🍽️ Food expenses
$337
$429
🚐 Transport expenses
$43
$78.4
💳 Monthly salary after tax
$194
$982
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
11 km
7 km
🎓 Higher education
33
43
😀 Quality of life
45
71
🏙️ Population
937K
410K

The cost of living in Managua is 51% less expensive than in Panama City. Cities ranked 6823rd and 3737th ($760 vs $1560) 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 0.3 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 7112th and 3765th among best cities to live in the world.

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Cost of living in Managua vs Panama City infographic

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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
$4.96
$10.6
🥂 Dinner in a Restaurant, for 2
$34.7
$45.7
🥪 Fast food meal, equiv. McDonald's
$7.28
$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.36
$2.93
☕ Cappuccino
$2.3
$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.82
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$230
$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$170
$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$420
$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$307
$1306
🔌 Utility Bill one person, electricity, heating, water, etc.
$60.6
$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$93.4
$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$36.8
$45.5
🏦 Mortgage Interest Rate for 20 Years
10.16%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1161
$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$439
$1618
Transportation
🚌 Local transport ticket
$0.14
$0.35
🎟️ Monthly ticket local transport
$5.98
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$5.93
$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.32
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.25
$1.79
🍞 Bread, 0.5 kg or 1.1 lb
$2.42
$2.25
🍚 Rice, 1 kg or 2.2 lb
$1.75
$2.11
🥚 Eggs, x12
$2.27
$3.17
🧀 Cheese, 1 kg or 2.2 lb
$11.7
$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.34
$6.81
🥩 Round Steak, 1 kg or 2.2 lb
$7.44
$9.86
🍏 Apples, 1 kg or 2.2 lb
$3.93
$3.27
🍌 Banana, 1 kg or 2.2 lb
$0.86
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$1.79
$3.27
🍅 Tomato, 1 kg or 2.2 lb
$2.24
$3.05
🥔 Potato, 1 kg or 2.2 lb
$3.89
$2.34
🧅 Onion, 1 kg or 2.2 lb
$2.23
$3.26
🌊 Water, 1 L or 1 qt
$0.68
$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.51
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$14.6
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$1.43
$1.38
🚬 Cigarette pack
$2.64
$5.92
💊 Cold medicince, 1 week
$6.12
$8.17
🧴 Hair Shampoo
$5.17
$8.06
🧻 Toilet paper, 4 rolls
$2.87
$2.98
👄 Toothpaste, 1 tube
$1.58
$3.05
Other
🏋️ Gym Membership, 1 month
$36.1
$42.6
🎫 Cinema Ticket, 1 person
$8.04
$7.32
👩‍⚕️ Doctor's visit
$20.2
$58.4
💇 Haircut, simple
$4.2
$14.3
👖 Brand Jeans
$77.5
$54
👟 Brand Sneakers
$134
$91.3
👶 Daycare or Preschool, 1 month
$124
$477
🏫 International Primary School, 1 year
$7040
$15637

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Cities near Managua

Distance City Cost of living
27 km or 17 mi Masaya
$790
42 km or 26 mi Granada
$698
74 km or 46 mi Leon
$735
93 km or 58 mi Matagalpa
$673
95 km or 59 mi Juigalpa
$768
104 km or 65 mi Esteli
$682
108 km or 67 mi Chinandega
$770
108 km or 67 mi Jinotega
$467
109 km or 68 mi San Juan del Sur
$864
192 km or 119 mi Liberia
$953
211 km or 131 mi Tamarindo
$1714
239 km or 148 mi Tegucigalpa
$836
255 km or 159 mi San Miguel
$1097
272 km or 169 mi Usulutan
$1090
288 km or 179 mi Puntarenas
$821
297 km or 185 mi Comayagua
$739
303 km or 188 mi Santa Teresa
$1236
326 km or 203 mi Alajuela
$1303
335 km or 208 mi Heredia
$1335
343 km or 213 mi San Jose
$1398
345 km or 214 mi Yoro
$729
361 km or 224 mi Soyapango
$1273
361 km or 224 mi San Salvador
$1362
361 km or 224 mi Cartago
$1241
365 km or 227 mi Mejicanos
$1262
365 km or 227 mi Apopa
$1238
369 km or 229 mi Santa Tecla
$1182
398 km or 247 mi El Progreso
$780
400 km or 248 mi Villanueva
$801
406 km or 252 mi La Lima
$791
408 km or 253 mi La Ceiba
$627
408 km or 254 mi Santa Ana
$695
412 km or 256 mi Sonsonate
$883
418 km or 260 mi San Pedro Sula
$989
427 km or 265 mi Limon
$1288
430 km or 267 mi Choloma
$661
435 km or 270 mi Ahuachapan
$1436
453 km or 282 mi Puerto Cortes
$719
489 km or 304 mi Jalapa
$1009
533 km or 331 mi San Miguel Petapa
$1018

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