Montevideo vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Montevideo Panama City
🚶 Cost of living one person
$1539
$1590
👨‍👩‍👧‍👦 Cost of living Family
$3693
$3556
🏠 One person rent
$688
$946
🏘️ Family rent
$1108
$1545
🍽️ Food expenses
$535
$439
🚐 Transport expenses
$171
$100
💳 Monthly salary after tax
$1302
$973
😷 Air quality
Good
Excellent
✈️ Airport proximity
12 km
7 km
🎓 Higher education
54
42
😀 Quality of life
78
71
🏙️ Population
1.3M
1.54M

The cost of living in Montevideo is 3% less expensive than in Panama City. Cities ranked 3858th and 3634th ($1539 vs $1590) 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 0.8 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 869th and 3213th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this picture

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
$15.6
$9.69
🥂 Dinner in a Restaurant, for 2
$45.8
$45.4
🥪 Fast food meal, equiv. McDonald's
$14.4
$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.73
$2.93
☕ Cappuccino
$4.97
$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.57
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$674
$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$506
$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1100
$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$851
$1223
🔌 Utility Bill one person, electricity, heating, water, etc.
$107
$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$166
$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$41
$44.6
🏦 Mortgage Interest Rate for 20 Years
5.7%
6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3635
$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2293
$1732
Transportation
🚌 Local transport ticket
$1.52
$0.35
🎟️ Monthly ticket local transport
$70.6
$22.5
🚕 Taxi Ride, 8 km or 5 mi
$17.6
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.95
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$1.35
$1.83
🍞 Bread, 0.5 kg or 1.1 lb
$2.79
$2.17
🍚 Rice, 1 kg or 2.2 lb
$1.98
$2.34
🥚 Eggs, x12
$5.5
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$14.8
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.7
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$11
$10.6
🍏 Apples, 1 kg or 2.2 lb
$3.23
$3.56
🍌 Banana, 1 kg or 2.2 lb
$2.81
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.5
$3.7
🍅 Tomato, 1 kg or 2.2 lb
$3.18
$3.36
🥔 Potato, 1 kg or 2.2 lb
$2.22
$2.62
🧅 Onion, 1 kg or 2.2 lb
$2.25
$3.19
🌊 Water, 1 L or 1 qt
$1.18
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$4.1
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$9.87
$12.1
🍺 Beer, 0.5 L or 16 fl oz
$2.28
$1.35
🚬 Cigarette pack
$5.54
$5.95
💊 Cold medicince, 1 week
$8.2
$8.08
🧴 Hair Shampoo
$10.1
$7.95
🧻 Toilet paper, 4 rolls
$3.51
$2.92
👄 Toothpaste, 1 tube
$3.73
$3.05
Other
🏋️ Gym Membership, 1 month
$48.7
$41.9
🎫 Cinema Ticket, 1 person
$11.7
$7.52
👩‍⚕️ Doctor's visit
$67.1
$42.9
💇 Haircut, simple
$10.3
$14.5
👖 Brand Jeans
$90.1
$58.4
👟 Brand Sneakers
$134
$90.7
👶 Daycare or Preschool, 1 month
$618
$505
🏫 International Primary School, 1 year
$10657
$11486

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Montevideo

Distance City Cost of living
19 km or 12 mi Barros Blancos
$1344
21 km or 13 mi Ciudad de la Costa
$1340
85 km or 53 mi Florida
$1171
102 km or 63 mi Minas
$1354
110 km or 69 mi Maldonado
$1059
113 km or 70 mi Punta del Este
$1629
155 km or 96 mi Berisso
$851
163 km or 101 mi La Plata
$815
168 km or 104 mi Durazno
$1183
187 km or 116 mi Berazategui
$784
189 km or 118 mi Ezpeleta
$733
192 km or 120 mi Quilmes
$610
194 km or 121 mi Bernal
$693
197 km or 122 mi San Francisco Solano
$853
197 km or 123 mi Wilde
$788
199 km or 124 mi Villa Dominico
$859
200 km or 124 mi Monte Chingolo
$909
201 km or 125 mi Burzaco
$920
201 km or 125 mi Rafael Calzada
$920
202 km or 126 mi Glew
$923
202 km or 126 mi Florencio Varela
$927
203 km or 126 mi Longchamps
$923
203 km or 126 mi Temperley
$920
204 km or 127 mi Lomas de Zamora
$928
205 km or 127 mi Buenos Aires
$1247
205 km or 127 mi Remedios de Escalada
$929
205 km or 127 mi Lanus
$955
210 km or 130 mi Monte Grande
$939
214 km or 133 mi Ciudad Madero
$1003
214 km or 133 mi Ezeiza
$948
216 km or 134 mi Ciudad Evita
$998
217 km or 135 mi Florida Este
$914
217 km or 135 mi Lomas del Mirador
$1020
217 km or 135 mi La Tablada
$1035
218 km or 135 mi Caseros
$970
219 km or 136 mi San Justo
$1082
219 km or 136 mi San Isidro
$872
221 km or 137 mi Ramos Mejia
$1001
221 km or 137 mi Gregorio de Laferrere
$984
221 km or 138 mi Isidro Casanova
$1008

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024