Montevideo vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Montevideo Panama City
🚶 Cost of living one person
$1492
$1560
👨‍👩‍👧‍👦 Cost of living Family
$3597
$3547
🏠 One person rent
$639
$943
🏘️ Family rent
$1030
$1558
🍽️ Food expenses
$520
$429
🚐 Transport expenses
$188
$78.4
💳 Monthly salary after tax
$1092
$982
😷 Air quality
Good
Excellent
✈️ Airport proximity
12 km
7 km
🎓 Higher education
56
43
😀 Quality of life
79
71
🏙️ Population
1.3M
410K

The cost of living in Montevideo is 4% less expensive than in Panama City. Cities ranked 3978th and 3737th ($1492 vs $1560) 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 0.7 months in Montevideo compared to 0.6 months in Panama City. Montevideo ranked 1st best city to live in Uruguay vs Panama City ranked 1st in Panama, while ranked 963rd and 3765th 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
$15.9
$10.6
🥂 Dinner in a Restaurant, for 2
$49.1
$45.7
🥪 Fast food meal, equiv. McDonald's
$12.3
$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.46
$2.93
☕ Cappuccino
$4.79
$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.31
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$610
$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$470
$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1111
$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$765
$1306
🔌 Utility Bill one person, electricity, heating, water, etc.
$100
$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$155
$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$41
$45.5
🏦 Mortgage Interest Rate for 20 Years
5.81%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3625
$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3086
$1618
Transportation
🚌 Local transport ticket
$1.43
$0.35
🎟️ Monthly ticket local transport
$59.4
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$24.8
$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.91
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.25
$1.79
🍞 Bread, 0.5 kg or 1.1 lb
$2.61
$2.25
🍚 Rice, 1 kg or 2.2 lb
$1.84
$2.11
🥚 Eggs, x12
$4.93
$3.17
🧀 Cheese, 1 kg or 2.2 lb
$13.8
$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.4
$6.81
🥩 Round Steak, 1 kg or 2.2 lb
$11
$9.86
🍏 Apples, 1 kg or 2.2 lb
$3.12
$3.27
🍌 Banana, 1 kg or 2.2 lb
$2.58
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$1.5
$3.27
🍅 Tomato, 1 kg or 2.2 lb
$3.32
$3.05
🥔 Potato, 1 kg or 2.2 lb
$2.2
$2.34
🧅 Onion, 1 kg or 2.2 lb
$2.11
$3.26
🌊 Water, 1 L or 1 qt
$1.19
$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.74
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$9.99
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$2.3
$1.38
🚬 Cigarette pack
$5.44
$5.92
💊 Cold medicince, 1 week
$8.12
$8.17
🧴 Hair Shampoo
$10
$8.06
🧻 Toilet paper, 4 rolls
$3.41
$2.98
👄 Toothpaste, 1 tube
$3.52
$3.05
Other
🏋️ Gym Membership, 1 month
$51.6
$42.6
🎫 Cinema Ticket, 1 person
$10.8
$7.32
👩‍⚕️ Doctor's visit
$78.2
$58.4
💇 Haircut, simple
$10.3
$14.3
👖 Brand Jeans
$92.6
$54
👟 Brand Sneakers
$121
$91.3
👶 Daycare or Preschool, 1 month
$485
$477
🏫 International Primary School, 1 year
$9169
$15637

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Cities near Montevideo

Distance City Cost of living
19 km or 12 mi Barros Blancos
$1314
21 km or 13 mi Ciudad de la Costa
$1312
85 km or 53 mi Florida
$1223
102 km or 63 mi Minas
$1348
110 km or 69 mi Maldonado
$1080
113 km or 70 mi Punta del Este
$1646
155 km or 96 mi Berisso
$770
163 km or 101 mi La Plata
$766
168 km or 104 mi Durazno
$1200
187 km or 116 mi Berazategui
$710
189 km or 118 mi Ezpeleta
$661
192 km or 120 mi Quilmes
$590
194 km or 121 mi Bernal
$641
197 km or 122 mi San Francisco Solano
$766
197 km or 123 mi Wilde
$715
199 km or 124 mi Villa Dominico
$770
200 km or 124 mi Monte Chingolo
$811
201 km or 125 mi Burzaco
$848
201 km or 125 mi Rafael Calzada
$858
202 km or 126 mi Glew
$841
202 km or 126 mi Florencio Varela
$859
203 km or 126 mi Longchamps
$846
203 km or 126 mi Temperley
$871
204 km or 127 mi Lomas de Zamora
$895
205 km or 127 mi Buenos Aires
$1139
205 km or 127 mi Remedios de Escalada
$859
205 km or 127 mi Lanus
$879
210 km or 130 mi Monte Grande
$874
214 km or 133 mi Ciudad Madero
$949
214 km or 133 mi Ezeiza
$886
216 km or 134 mi Ciudad Evita
$946
217 km or 135 mi Florida Este
$861
217 km or 135 mi Lomas del Mirador
$983
217 km or 135 mi La Tablada
$990
218 km or 135 mi Caseros
$949
219 km or 136 mi San Justo
$1032
219 km or 136 mi San Isidro
$844
221 km or 137 mi Ramos Mejia
$981
221 km or 137 mi Gregorio de Laferrere
$951
221 km or 138 mi Isidro Casanova
$980

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