Montevideo vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Montevideo Panama City
🚶 Cost of living one person
$1311
$1316
👨‍👩‍👧‍👦 Cost of living Family
$3194
$3171
🏠 One person rent
$558
$709
🏘️ Family rent
$943
$1291
🍽️ Food expenses
$475
$426
🚐 Transport expenses
$146
$78
💳 Monthly salary after tax
$1269
$901
😷 Air quality
Good
Moderate
✈️ Airport proximity
12 km
7 km
🎓 Higher education
48
42
😀 Quality of life
76
67
🏙️ Population
1.32M
881K

The cost of living in Montevideo is 0.4% less expensive than in Panama City. Cities ranked 4149th and 4138th ($1311 vs $1316) in the list of the most expensive cities in the world and ranked 2nd and 1st in Uruguay and Panama, respectively. Check Uruguay vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1 months in Montevideo compared to 0.7 months in Panama City. Montevideo ranked 1st best city to live in Uruguay vs Panama City ranked 1st in Panama, while ranked 824th and 3926th among best cities to live in the world.

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Cost of living in Montevideo vs Panama City infographic

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Prices in Montevideo vs Panama City

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

Montevideo Panama City
Eating Out
🍱 Lunch Menu
$13.7
$11.5
🥂 Dinner in a Restaurant, for 2
$46.8
$51.8
🥪 Fast food meal, equiv. McDonald's
$10.4
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.68
$2.6
☕ Cappuccino
$4.56
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.05
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$578
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$409
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$951
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$745
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.8
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$122
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$36
$47.6
🏦 Mortgage Interest Rate for 20 Years
7.89%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2918
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2297
$1457
Transportation
🚌 Local transport ticket
$1.34
$0.35
🎟️ Monthly ticket local transport
$49.4
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$16.6
$12
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.92
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$2.58
$2.11
🍚 Rice, 1 kg or 2.2 lb
$1.67
$1.71
🥚 Eggs, x12
$4.66
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$13.4
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$10.1
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$10.8
$8.87
🍏 Apples, 1 kg or 2.2 lb
$2.48
$2.91
🍌 Banana, 1 kg or 2.2 lb
$2.41
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$1.46
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$3
$2.81
🥔 Potato, 1 kg or 2.2 lb
$1.83
$2.1
🧅 Onion, 1 kg or 2.2 lb
$1.75
$2.02
🌊 Water, 1 L or 1 qt
$1.09
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.64
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$8.42
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$2.31
$1.14
🚬 Cigarette pack
$5.1
$5.88
💊 Cold medicince, 1 week
$10.5
$9.43
🧴 Hair Shampoo
$8.02
$7.05
🧻 Toilet paper, 4 rolls
$2.91
$3.43
👄 Toothpaste, 1 tube
$4.82
$3.7
Other
🏋️ Gym Membership, 1 month
$58.7
$42
🎫 Cinema Ticket, 1 person
$9.62
$6.85
👩‍⚕️ Doctor's visit
$48.7
$48.6
💇 Haircut, simple
$11.1
$13.5
👖 Brand Jeans
$98.7
$54.3
👟 Brand Sneakers
$119
$86.9
👶 Daycare or Preschool, 1 month
$387
$408
🏫 International Primary School, 1 year
$7392
$9581

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Cost of Living in the nearest cities

Cities near Montevideo

Distance City Cost of living
19 km or 12 mi Barros Blancos
$1187
21 km or 13 mi Ciudad de la Costa
$1186
85 km or 53 mi Florida
$1123
102 km or 63 mi Minas
$1186
110 km or 69 mi Maldonado
$989
113 km or 70 mi Punta del Este
$1672
155 km or 96 mi Berisso
$491
163 km or 101 mi La Plata
$465
168 km or 104 mi Durazno
$1101
187 km or 116 mi Berazategui
$679
189 km or 118 mi Ezpeleta
$678
192 km or 120 mi Quilmes
$705
194 km or 121 mi Bernal
$661
197 km or 122 mi San Francisco Solano
$598
197 km or 123 mi Wilde
$650
199 km or 124 mi Villa Dominico
$645
200 km or 124 mi Monte Chingolo
$589
201 km or 125 mi Burzaco
$558
201 km or 125 mi Rafael Calzada
$540
202 km or 126 mi Glew
$581
202 km or 126 mi Florencio Varela
$559
203 km or 126 mi Longchamps
$577
203 km or 126 mi Temperley
$536
204 km or 127 mi Lomas de Zamora
$547
205 km or 127 mi Buenos Aires
$791
205 km or 127 mi Remedios de Escalada
$608
205 km or 127 mi Lanus
$657
210 km or 130 mi Monte Grande
$579
214 km or 133 mi Ciudad Madero
$643
214 km or 133 mi Ezeiza
$597
216 km or 134 mi Ciudad Evita
$624
217 km or 135 mi Florida Este
$658
217 km or 135 mi Lomas del Mirador
$648
217 km or 135 mi La Tablada
$639
218 km or 135 mi Caseros
$658
219 km or 136 mi San Justo
$642
219 km or 136 mi San Isidro
$683
221 km or 137 mi Ramos Mejia
$650
221 km or 137 mi Gregorio de Laferrere
$626
221 km or 138 mi Isidro Casanova
$639

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220