Montevideo vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Montevideo Panama City
🚶 Cost of living one person
$1572
$1583
👨‍👩‍👧‍👦 Cost of living Family
$3766
$3567
🏠 One person rent
$680
$976
🏘️ Family rent
$1076
$1633
🍽️ Food expenses
$557
$432
🚐 Transport expenses
$183
$69.1
💳 Monthly salary after tax
$1140
$936
😷 Air quality
Good
Excellent
✈️ Airport proximity
12 km
7 km
🎓 Higher education
54
42
😀 Quality of life
77
69
🏙️ Population
1.3M
410K

The cost of living in Montevideo is 0.7% less expensive than in Panama City. Cities ranked 3808th and 3744th ($1572 vs $1583) 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 1165th and 4400th among best cities to live in the world.

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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
$18.2
$10.6
🥂 Dinner in a Restaurant, for 2
$53.5
$45.3
🥪 Fast food meal, equiv. McDonald's
$13.3
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.65
$2.97
☕ Cappuccino
$4.94
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.48
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$632
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$499
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1137
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$789
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$111
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$173
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44
$45.4
🏦 Mortgage Interest Rate for 20 Years
5.69%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3552
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2602
$1725
Transportation
🚌 Local transport ticket
$1.55
$0.35
🎟️ Monthly ticket local transport
$67.9
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$20.9
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.02
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$1.32
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$2.72
$2.23
🍚 Rice, 1 kg or 2.2 lb
$1.95
$2.33
🥚 Eggs, x12
$5.39
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$15
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.8
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$11.4
$9.64
🍏 Apples, 1 kg or 2.2 lb
$3.27
$3.53
🍌 Banana, 1 kg or 2.2 lb
$2.77
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$1.67
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$3.57
$3.03
🥔 Potato, 1 kg or 2.2 lb
$2.27
$2.46
🧅 Onion, 1 kg or 2.2 lb
$2.36
$3.74
🌊 Water, 1 L or 1 qt
$1.25
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$4.3
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$10.5
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$2.48
$1.44
🚬 Cigarette pack
$5.74
$6.04
💊 Cold medicince, 1 week
$8.11
$8.16
🧴 Hair Shampoo
$9.96
$8.03
🧻 Toilet paper, 4 rolls
$3.53
$2.96
👄 Toothpaste, 1 tube
$3.68
$3.04
Other
🏋️ Gym Membership, 1 month
$54.1
$42.8
🎫 Cinema Ticket, 1 person
$11.7
$7.3
👩‍⚕️ Doctor's visit
$78
$50.2
💇 Haircut, simple
$11.1
$14.5
👖 Brand Jeans
$96.5
$53.6
👟 Brand Sneakers
$129
$91.3
👶 Daycare or Preschool, 1 month
$554
$503
🏫 International Primary School, 1 year
$10526
$13402

Cost of living in other countries

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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
$1380
21 km or 13 mi Ciudad de la Costa
$1378
85 km or 53 mi Florida
$1237
102 km or 63 mi Minas
$1407
110 km or 69 mi Maldonado
$1121
113 km or 70 mi Punta del Este
$1671
155 km or 96 mi Berisso
$817
163 km or 101 mi La Plata
$805
168 km or 104 mi Durazno
$1238
187 km or 116 mi Berazategui
$758
189 km or 118 mi Ezpeleta
$706
192 km or 120 mi Quilmes
$587
194 km or 121 mi Bernal
$653
197 km or 122 mi San Francisco Solano
$810
197 km or 123 mi Wilde
$747
199 km or 124 mi Villa Dominico
$815
200 km or 124 mi Monte Chingolo
$863
201 km or 125 mi Burzaco
$906
201 km or 125 mi Rafael Calzada
$905
202 km or 126 mi Glew
$900
202 km or 126 mi Florencio Varela
$908
203 km or 126 mi Longchamps
$904
203 km or 126 mi Temperley
$903
204 km or 127 mi Lomas de Zamora
$920
205 km or 127 mi Buenos Aires
$1207
205 km or 127 mi Remedios de Escalada
$918
205 km or 127 mi Lanus
$938
210 km or 130 mi Monte Grande
$927
214 km or 133 mi Ciudad Madero
$1021
214 km or 133 mi Ezeiza
$947
216 km or 134 mi Ciudad Evita
$1014
217 km or 135 mi Florida Este
$901
217 km or 135 mi Lomas del Mirador
$1055
217 km or 135 mi La Tablada
$1062
218 km or 135 mi Caseros
$1017
219 km or 136 mi San Justo
$1111
219 km or 136 mi San Isidro
$866
221 km or 137 mi Ramos Mejia
$1050
221 km or 137 mi Gregorio de Laferrere
$1018
221 km or 138 mi Isidro Casanova
$1050

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