Minneapolis vs Panama City - Cost of Living Comparison

Updated: October 14, 2025

	Minneapolis	Panama City
🚶 Cost of living one person	$2380	$1560
👨‍👩‍👧‍👦 Cost of living Family	$5756	$3547
🏠 One person rent	$1413	$943
🏘️ Family rent	$2434	$1558
🍽️ Food expenses	$698	$429
🚐 Transport expenses	$111	$78.4
💳 Monthly salary after tax	$4476	$982
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	12 km	7 km
🎓 Higher education	84	43
😀 Quality of life	90	71
🏙️ Population	430K	410K

The cost of living in Minneapolis is 52% more expensive than in Panama City. Cities ranked 1095th and 3737th ($2380 vs $1560) in the list of the most expensive cities in the world and ranked 963rd and 1st in the United States and Panama, respectively. Check the United States vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.9 months in Minneapolis compared to 0.6 months in Panama City. Minneapolis ranked 62nd best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 215th and 3765th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Minneapolis vs Panama City infographic

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Prices in Minneapolis vs Panama City

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

	Minneapolis	Panama City
Eating Out
🍱 Lunch Menu	$19	$10.6
🥂 Dinner in a Restaurant, for 2	$80.5	$45.7
🥪 Fast food meal, equiv. McDonald's	$11.9	$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.96	$2.93
☕ Cappuccino	$5.88	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.87	$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1597	$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1151	$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2639	$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2101	$1306
🔌 Utility Bill one person, electricity, heating, water, etc.	$104	$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$158	$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$68.1	$45.5
🏦 Mortgage Interest Rate for 20 Years	6.53%	6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3686	$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2479	$1618
Transportation
🚌 Local transport ticket	$2.01	$0.35
🎟️ Monthly ticket local transport	$74.1	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$18.3	$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.85	$0.97
Groceries
🥛 Milk, 1 L or 1 qt	$0.93	$1.79
🍞 Bread, 0.5 kg or 1.1 lb	$3.51	$2.25
🍚 Rice, 1 kg or 2.2 lb	$6.03	$2.11
🥚 Eggs, x12	$4.1	$3.17
🧀 Cheese, 1 kg or 2.2 lb	$12.3	$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$14.9	$6.81
🥩 Round Steak, 1 kg or 2.2 lb	$18.2	$9.86
🍏 Apples, 1 kg or 2.2 lb	$5.66	$3.27
🍌 Banana, 1 kg or 2.2 lb	$1.68	$1.52
🍊 Oranges, 1 kg or 2.2 lb	$7.45	$3.27
🍅 Tomato, 1 kg or 2.2 lb	$4.75	$3.05
🥔 Potato, 1 kg or 2.2 lb	$4.11	$2.34
🧅 Onion, 1 kg or 2.2 lb	$3.46	$3.26
🌊 Water, 1 L or 1 qt	$1.66	$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.29	$2.44
🍾 Wine (mid-priced), 750 mL bottle	$16	$11.2
🍺 Beer, 0.5 L or 16 fl oz	$2.62	$1.38
🚬 Cigarette pack	$12.1	$5.92
💊 Cold medicince, 1 week	$8.49	$8.17
🧴 Hair Shampoo	$5.49	$8.06
🧻 Toilet paper, 4 rolls	$3.54	$2.98
👄 Toothpaste, 1 tube	$1.9	$3.05
Other
🏋️ Gym Membership, 1 month	$52.2	$42.6
🎫 Cinema Ticket, 1 person	$15	$7.32
👩‍⚕️ Doctor's visit	$113	$58.4
💇 Haircut, simple	$16.6	$14.3
👖 Brand Jeans	$54.8	$54
👟 Brand Sneakers	$91.9	$91.3
👶 Daycare or Preschool, 1 month	$1787	$477
🏫 International Primary School, 1 year	$26604	$15637

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Minneapolis

Distance	City	Cost of living
7 km or 4.4 mi	Golden Valley	$2285
8.4 km or 5.2 mi	St. Louis Park	$2277
9.1 km or 5.7 mi	Crystal	$2306
9.2 km or 5.7 mi	Roseville	$2221
10 km or 6.2 mi	Richfield	$2270
10 km or 6.4 mi	Brooklyn Center	$2328
11 km or 6.6 mi	New Hope	$2305
11 km or 6.8 mi	New Brighton	$2302
12 km or 7.2 mi	Fridley	$2330
12 km or 7.3 mi	Edina	$2290
14 km or 8.8 mi	Brooklyn Park	$2335
14 km or 9 mi	Saint Paul	$2054
14 km or 9 mi	Shoreview	$2289
15 km or 9.3 mi	Plymouth	$2307
15 km or 9.6 mi	Coon Rapids	$2283
17 km or 10 mi	Bloomington	$2271
18 km or 11 mi	Maple Grove	$2329
20 km or 12 mi	Minnetonka	$2317
20 km or 12 mi	Eagan	$2236
20 km or 12 mi	Blaine	$2528
21 km or 13 mi	South St. Paul	$2160
21 km or 13 mi	Eden Prairie	$2398
22 km or 14 mi	Maplewood	$2183
23 km or 14 mi	Savage	$2286
23 km or 14 mi	Inver Grove Heights	$2201
23 km or 15 mi	White Bear Lake	$2252
24 km or 15 mi	Burnsville	$2312
24 km or 15 mi	Oakdale	$2219
24 km or 15 mi	Lino Lakes	$2320
25 km or 15 mi	Chanhassen	$2353
25 km or 16 mi	Champlin	$2478
27 km or 17 mi	Woodbury	$2296
28 km or 17 mi	Andover	$2386
28 km or 17 mi	Apple Valley	$2147
29 km or 18 mi	Shakopee	$2317
29 km or 18 mi	Rosemount	$2202
31 km or 19 mi	Cottage Grove	$2227
32 km or 20 mi	Prior Lake	$2258
34 km or 21 mi	Chaska	$2299
34 km or 21 mi	Ramsey	$2678

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