Milan vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Milan Panama City
🚶 Cost of living one person
$2146
$1384
👨‍👩‍👧‍👦 Cost of living Family
$5367
$3435
🏠 One person rent
$1194
$751
🏘️ Family rent
$2348
$1474
🍽️ Food expenses
$586
$444
🚐 Transport expenses
$189
$84.4
💳 Monthly salary after tax
$2119
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
7 km
7 km
🎓 Higher education
99
42
😀 Quality of life
86
66
🏙️ Population
1.35M
881K

The cost of living in Milan is 55% more expensive than in Panama City. Cities ranked 1476th and 4139th ($2146 vs $1384) in the list of the most expensive cities in the world and ranked 1st and 1st in Italy and Panama, respectively. Check Italy vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1 months in Milan compared to 0.7 months in Panama City. Milan ranked 2nd best city to live in Italy vs Panama City ranked 1st in Panama, while ranked 305th and 3919th among best cities to live in the world.

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Cost of living in Milan vs Panama City infographic

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Prices in Milan vs Panama City

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

Milan Panama City
Eating Out
🍱 Lunch Menu
$19.7
$12.3
🥂 Dinner in a Restaurant, for 2
$79.6
$55.2
🥪 Fast food meal, equiv. McDonald's
$11.4
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$6.85
$2.94
 Cappuccino
$2.18
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.2
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1387
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$928
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2947
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1881
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$144
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$224
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$30
$47.4
🏦 Mortgage Interest Rate for 20 Years
3.76%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9597
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4901
$1535
Transportation
🚌 Local transport ticket
$2.46
$0.35
🎟️ Monthly ticket local transport
$43
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$26.3
$13.9
 Gas / Petrol, 1 L or 0.26 gal
$2.11
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.74
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$2.42
$2.12
🍚 Rice, 1 kg or 2.2 lb
$3
$2.08
🥚 Eggs, x12
$4.66
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$17.6
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$13
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$22.3
$10.4
🍏 Apples, 1 kg or 2.2 lb
$2.62
$3.11
🍌 Banana, 1 kg or 2.2 lb
$2.13
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$3.95
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.98
$2.19
🧅 Onion, 1 kg or 2.2 lb
$1.86
$2.5
🌊 Water, 1 L or 1 qt
$0.39
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.81
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$8.22
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1.92
$1.14
🚬 Cigarette pack
$6.83
$5.89
💊 Cold medicince, 1 week
$12.9
$10.5
🧴 Hair Shampoo
$3.76
$6.97
🧻 Toilet paper, 4 rolls
$3.03
$3.12
👄 Toothpaste, 1 tube
$2.61
$3.06
Other
🏋️ Gym Membership, 1 month
$72.1
$43.8
🎫 Cinema Ticket, 1 person
$11.2
$6.71
👩‍⚕️ Doctor's visit
$111
$49.1
💇 Haircut, simple
$20.8
$13.7
👖 Brand Jeans
$105
$54.3
👟 Brand Sneakers
$108
$90.2
👶 Daycare or Preschool, 1 month
$836
$437
🏫 International Primary School, 1 year
$14475
$9531

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Milan

Distance City Cost of living
8 km or 5 mi Buccinasco
$1616
15 km or 9.1 mi Monza
$1613
20 km or 13 mi Seregno
$1557
21 km or 13 mi Saronno
$1559
29 km or 18 mi Lodi
$1333
30 km or 19 mi Cantu
$1478
30 km or 19 mi Vigevano
$1724
31 km or 19 mi Busto Arsizio
$1633
31 km or 20 mi Pavia
$1449
39 km or 24 mi Como
$1697
40 km or 25 mi Crema
$1420
45 km or 28 mi Novara
$1262
45 km or 28 mi Bergamo
$1444
46 km or 28 mi Lecco
$1391
48 km or 30 mi Varese
$1470
55 km or 34 mi Voghera
$1553
61 km or 38 mi Piacenza
$1494
63 km or 39 mi Vercelli
$1248
63 km or 39 mi Lugano
$2763
69 km or 43 mi Tortona
$1380
76 km or 47 mi Cremona
$1305
76 km or 47 mi Alessandria
$1396
81 km or 50 mi Brescia
$1456
82 km or 51 mi Bellinzona
$3009
89 km or 55 mi Biella
$1164
100 km or 62 mi Asti
$1200
116 km or 72 mi Parma
$1478
120 km or 74 mi Genoa
$1498
125 km or 78 mi Turin
$1502
130 km or 81 mi Mantua
$1409
140 km or 87 mi Savona
$1543
141 km or 87 mi Verona
$1570
142 km or 88 mi Reggio Emilia
$1394
149 km or 92 mi Aosta
$1364
156 km or 97 mi Chur
$2197
159 km or 99 mi La Spezia
$1425
162 km or 100 mi Sassuolo
$1428
162 km or 101 mi Mondovi
$1280
164 km or 102 mi Trento
$1605
164 km or 102 mi Modena
$1573

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