Milan vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Milan Panama City
🚶 Cost of living one person
$2370
$1583
👨‍👩‍👧‍👦 Cost of living Family
$5666
$3567
🏠 One person rent
$1333
$976
🏘️ Family rent
$2384
$1633
🍽️ Food expenses
$655
$432
🚐 Transport expenses
$193
$69.1
💳 Monthly salary after tax
$2285
$936
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
7 km
7 km
🎓 Higher education
98
42
😀 Quality of life
88
69
🏙️ Population
1.35M
410K

The cost of living in Milan is 50% more expensive than in Panama City. Cities ranked 1148th and 3744th ($2370 vs $1583) 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 0.6 months in Panama City. Milan ranked 2nd best city to live in Italy vs Panama City ranked 1st in Panama, while ranked 336th and 4400th among best cities to live in the world.

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the estimated difference in money purchasing power

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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
$20.8
$10.6
🥂 Dinner in a Restaurant, for 2
$89
$45.3
🥪 Fast food meal, equiv. McDonald's
$14.4
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.36
$2.97
☕ Cappuccino
$2.56
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.45
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1522
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1068
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2800
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1958
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$144
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$228
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$29.9
$45.4
🏦 Mortgage Interest Rate for 20 Years
3.08%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$10810
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5173
$1725
Transportation
🚌 Local transport ticket
$2.59
$0.35
🎟️ Monthly ticket local transport
$44.7
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$26.7
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.12
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$2.55
$2.23
🍚 Rice, 1 kg or 2.2 lb
$2.87
$2.33
🥚 Eggs, x12
$5.49
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$21.6
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$14.3
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$23.6
$9.64
🍏 Apples, 1 kg or 2.2 lb
$3
$3.53
🍌 Banana, 1 kg or 2.2 lb
$2.55
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$3.61
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$4.54
$3.03
🥔 Potato, 1 kg or 2.2 lb
$2.66
$2.46
🧅 Onion, 1 kg or 2.2 lb
$2.37
$3.74
🌊 Water, 1 L or 1 qt
$0.42
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.28
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$10.4
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$2.14
$1.44
🚬 Cigarette pack
$7.27
$6.04
💊 Cold medicince, 1 week
$12.8
$8.16
🧴 Hair Shampoo
$4.22
$8.03
🧻 Toilet paper, 4 rolls
$3.65
$2.96
👄 Toothpaste, 1 tube
$2.55
$3.04
Other
🏋️ Gym Membership, 1 month
$83.3
$42.8
🎫 Cinema Ticket, 1 person
$12.3
$7.3
👩‍⚕️ Doctor's visit
$105
$50.2
💇 Haircut, simple
$26.5
$14.5
👖 Brand Jeans
$111
$53.6
👟 Brand Sneakers
$118
$91.3
👶 Daycare or Preschool, 1 month
$867
$503
🏫 International Primary School, 1 year
$18202
$13402

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
$1778
15 km or 9.1 mi Monza
$1885
20 km or 13 mi Seregno
$1675
21 km or 13 mi Saronno
$1817
29 km or 18 mi Lodi
$1371
30 km or 19 mi Cantu
$1631
30 km or 19 mi Vigevano
$1769
31 km or 19 mi Busto Arsizio
$1803
31 km or 20 mi Pavia
$1458
39 km or 24 mi Como
$1782
40 km or 25 mi Crema
$1474
45 km or 28 mi Novara
$1290
45 km or 28 mi Bergamo
$1582
46 km or 28 mi Lecco
$1498
48 km or 30 mi Varese
$1577
55 km or 34 mi Voghera
$1602
61 km or 38 mi Piacenza
$1606
63 km or 39 mi Vercelli
$1338
63 km or 39 mi Lugano
$2884
69 km or 43 mi Tortona
$1471
76 km or 47 mi Cremona
$1432
76 km or 47 mi Alessandria
$1354
81 km or 50 mi Brescia
$1844
82 km or 51 mi Bellinzona
$3229
89 km or 55 mi Biella
$1275
100 km or 62 mi Asti
$1342
116 km or 72 mi Parma
$1652
120 km or 74 mi Genoa
$1649
125 km or 78 mi Turin
$1652
130 km or 81 mi Mantua
$1628
140 km or 87 mi Savona
$1660
141 km or 87 mi Verona
$1733
142 km or 88 mi Reggio Emilia
$1468
149 km or 92 mi Aosta
$1694
156 km or 97 mi Chur
$2942
159 km or 99 mi La Spezia
$1618
162 km or 100 mi Sassuolo
$1637
162 km or 101 mi Mondovi
$1375
164 km or 102 mi Trento
$1649
164 km or 102 mi Modena
$1719

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