Maracaibo vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Maracaibo Panama City
🚶 Cost of living one person
$706
$1384
👨‍👩‍👧‍👦 Cost of living Family
$1944
$3435
🏠 One person rent
$159
$751
🏘️ Family rent
$279
$1474
🍽️ Food expenses
$346
$444
🚐 Transport expenses
$131
$84.4
💳 Monthly salary after tax
$170
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
13 km
7 km
🎓 Higher education
31
42
😀 Quality of life
34
66
🏙️ Population
1.55M
881K

The cost of living in Maracaibo is 49% less expensive than in Panama City. Cities ranked 6889th and 4139th ($706 vs $1384) in the list of the most expensive cities in the world and ranked 48th and 1st in Venezuela and Panama, respectively. Check Venezuela vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.2 months in Maracaibo compared to 0.7 months in Panama City. Maracaibo ranked 3rd best city to live in Venezuela vs Panama City ranked 1st in Panama, while ranked 7546th and 3919th among best cities to live in the world.

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Cost of living in Maracaibo vs Panama City infographic

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Prices in Maracaibo vs Panama City

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

Maracaibo Panama City
Eating Out
🍱 Lunch Menu
$7.96
$12.3
🥂 Dinner in a Restaurant, for 2
$60
$55.2
🥪 Fast food meal, equiv. McDonald's
$7.49
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.49
$2.94
☕ Cappuccino
$3.03
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.18
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$181
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$81.1
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$318
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$175
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$32.1
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$49.6
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$25.8
$47.4
🏦 Mortgage Interest Rate for 20 Years
26.66%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2145
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1079
$1535
Transportation
🚌 Local transport ticket
$0.5
$0.35
🎟️ Monthly ticket local transport
$42.2
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$18.9
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.5
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.71
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$1.78
$2.12
🍚 Rice, 1 kg or 2.2 lb
$1.15
$2.08
🥚 Eggs, x12
$2.94
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$5.23
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.65
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$6.24
$10.4
🍏 Apples, 1 kg or 2.2 lb
$3.52
$3.11
🍌 Banana, 1 kg or 2.2 lb
$1.46
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.58
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$1.94
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.77
$2.19
🧅 Onion, 1 kg or 2.2 lb
$2.04
$2.5
🌊 Water, 1 L or 1 qt
$1.07
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.06
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$10
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1.04
$1.14
🚬 Cigarette pack
$4.03
$5.89
💊 Cold medicince, 1 week
$4.06
$10.5
🧴 Hair Shampoo
$5.07
$6.97
🧻 Toilet paper, 4 rolls
$2.71
$3.12
👄 Toothpaste, 1 tube
$2.07
$3.06
Other
🏋️ Gym Membership, 1 month
$33.7
$43.8
🎫 Cinema Ticket, 1 person
$4.03
$6.71
👩‍⚕️ Doctor's visit
$29.8
$49.1
💇 Haircut, simple
$10.4
$13.7
👖 Brand Jeans
$44.8
$54.3
👟 Brand Sneakers
$54.1
$90.2
👶 Daycare or Preschool, 1 month
$99.1
$437
🏫 International Primary School, 1 year
$14223
$9531

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Maracaibo

Distance City Cost of living
34 km or 21 mi Cabimas
$696
60 km or 38 mi Ciudad Ojeda
$666
106 km or 66 mi Maicao
$451
120 km or 75 mi Machiques
$651
172 km or 107 mi Riohacha
$582
178 km or 110 mi Carora
$688
179 km or 111 mi Valledupar
$558
184 km or 114 mi San Carlos del Zulia
$656
185 km or 115 mi Santa Barbara del Zulia
$654
193 km or 120 mi Trujillo
$685
199 km or 124 mi Punto Fijo
$628
211 km or 131 mi Valera
$705
223 km or 138 mi El Tocuyo
$694
229 km or 142 mi Coro
$623
234 km or 146 mi Merida
$674
238 km or 148 mi Quibor
$680
258 km or 160 mi Barquisimeto
$715
268 km or 166 mi Cabudare
$663
271 km or 169 mi Barinas
$799
272 km or 169 mi Guanare
$707
272 km or 169 mi Oranjestad
$1664
277 km or 172 mi Minca
$863
281 km or 174 mi La Grita
$617
281 km or 175 mi Yaritagua
$682
281 km or 175 mi Socopo
$670
288 km or 179 mi Santa Marta
$979
288 km or 179 mi Cienaga
$831
290 km or 180 mi Araure
$724
292 km or 181 mi Acarigua
$724
317 km or 197 mi San Felipe
$736
318 km or 197 mi Cucuta
$552
320 km or 199 mi Tariba
$598
325 km or 202 mi San Cristobal
$592
326 km or 202 mi Ocana
$590
326 km or 202 mi San Antonio del Tachira
$601
335 km or 208 mi Barber
$1395
336 km or 208 mi Rubio
$598
337 km or 210 mi Willemstad
$1395
346 km or 215 mi Soledad
$840
347 km or 216 mi Barranquilla
$789

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898