Mexico City vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Mexico City Panama City
🚶 Cost of living one person
$1428
$1583
👨‍👩‍👧‍👦 Cost of living Family
$3399
$3567
🏠 One person rent
$774
$976
🏘️ Family rent
$1379
$1633
🍽️ Food expenses
$431
$432
🚐 Transport expenses
$103
$69.1
💳 Monthly salary after tax
$1028
$936
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
8 km
7 km
🎓 Higher education
93
42
😀 Quality of life
72
69
🏙️ Population
9.21M
410K

The cost of living in Mexico City is 10% less expensive than in Panama City. Cities ranked 4274th and 3744th ($1428 vs $1583) in the list of the most expensive cities in the world and ranked 6th and 1st in Mexico and Panama, respectively. Check Mexico vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Mexico City compared to 0.6 months in Panama City. Mexico City ranked 1st best city to live in Mexico vs Panama City ranked 1st in Panama, while ranked 3354th and 4400th among best cities to live in the world.

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Prices in Mexico City vs Panama City

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

Mexico City Panama City
Eating Out
🍱 Lunch Menu
$11.7
$10.6
🥂 Dinner in a Restaurant, for 2
$43.4
$45.3
🥪 Fast food meal, equiv. McDonald's
$10.2
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.53
$2.97
☕ Cappuccino
$4.24
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.8
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1035
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$623
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1886
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1143
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$34.6
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$53.1
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.7
$45.4
🏦 Mortgage Interest Rate for 20 Years
11.35%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3740
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2224
$1725
Transportation
🚌 Local transport ticket
$0.35
$0.35
🎟️ Monthly ticket local transport
$24.4
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$6.19
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.44
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$2.4
$2.23
🍚 Rice, 1 kg or 2.2 lb
$1.77
$2.33
🥚 Eggs, x12
$2.93
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$11
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.89
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$13.4
$9.64
🍏 Apples, 1 kg or 2.2 lb
$2.98
$3.53
🍌 Banana, 1 kg or 2.2 lb
$1.84
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$2.29
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$1.89
$3.03
🥔 Potato, 1 kg or 2.2 lb
$2.11
$2.46
🧅 Onion, 1 kg or 2.2 lb
$2.23
$3.74
🌊 Water, 1 L or 1 qt
$0.87
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.4
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$13.8
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$1.83
$1.44
🚬 Cigarette pack
$4.92
$6.04
💊 Cold medicince, 1 week
$6.97
$8.16
🧴 Hair Shampoo
$4.47
$8.03
🧻 Toilet paper, 4 rolls
$1.97
$2.96
👄 Toothpaste, 1 tube
$1.84
$3.04
Other
🏋️ Gym Membership, 1 month
$56.2
$42.8
🎫 Cinema Ticket, 1 person
$6.33
$7.3
👩‍⚕️ Doctor's visit
$50.8
$50.2
💇 Haircut, simple
$17.3
$14.5
👖 Brand Jeans
$65.6
$53.6
👟 Brand Sneakers
$113
$91.3
👶 Daycare or Preschool, 1 month
$473
$503
🏫 International Primary School, 1 year
$11420
$13402

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Mexico City

Distance City Cost of living
11 km or 7.1 mi Naucalpan
$975
14 km or 8.7 mi Tlalnepantla
$1008
17 km or 10 mi Ciudad Nezahualcoyotl
$969
19 km or 12 mi Ciudad Lopez Mateos
$1015
22 km or 14 mi Ecatepec de Morelos
$842
25 km or 16 mi Tultitlan de Mariano Escobedo
$941
25 km or 16 mi Chicoloapan de Juarez
$1040
26 km or 16 mi Cuautitlan Izcalli
$880
29 km or 18 mi Texcoco de Mora
$982
30 km or 19 mi Tultepec
$917
31 km or 19 mi Chalco de Diaz Covarrubias
$1015
42 km or 26 mi Zumpango
$934
55 km or 34 mi Toluca
$986
56 km or 35 mi Cuernavaca
$887
60 km or 37 mi Jiutepec
$907
70 km or 44 mi Cuautla
$1032
89 km or 55 mi Pachuca
$771
93 km or 58 mi Atlixco
$987
105 km or 65 mi San Jose Villa de Allende
$971
106 km or 66 mi Puebla
$1075
107 km or 67 mi Taxco
$981
126 km or 79 mi Iguala
$1004
140 km or 87 mi San Juan del Rio
$1041
184 km or 114 mi Queretaro
$1241
192 km or 119 mi Teziutlan
$950
211 km or 131 mi Chilpancingo
$766
213 km or 132 mi Tehuacan
$926
214 km or 133 mi Celaya
$803
216 km or 134 mi Poza Rica
$928
217 km or 135 mi Morelia
$926
224 km or 139 mi Cortazar
$894
224 km or 139 mi Orizaba
$944
225 km or 140 mi Yuriria
$952
229 km or 143 mi Coatepec
$846
234 km or 145 mi Xalapa
$670
236 km or 146 mi San Miguel de Allende
$1469
239 km or 149 mi Cordoba
$962
250 km or 155 mi Salamanca
$950
269 km or 167 mi Irapuato
$910
281 km or 174 mi Zacapu
$1023

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957