Munich vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Munich Panama City
🚶 Cost of living one person
$2188
$1316
👨‍👩‍👧‍👦 Cost of living Family
$5197
$3171
🏠 One person rent
$1327
$709
🏘️ Family rent
$2400
$1291
🍽️ Food expenses
$507
$426
🚐 Transport expenses
$203
$78
💳 Monthly salary after tax
$3867
$901
😷 Air quality
Good
Moderate
✈️ Airport proximity
23 km
7 km
🎓 Higher education
91
42
😀 Quality of life
94
67
🏙️ Population
1.49M
881K

The cost of living in Munich is 66% more expensive than in Panama City. Cities ranked 1315th and 4138th ($2188 vs $1316) in the list of the most expensive cities in the world and ranked 1st and 1st in Germany and Panama, respectively. Check Germany vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.8 months in Munich compared to 0.7 months in Panama City. Munich ranked 9th best city to live in Germany vs Panama City ranked 1st in Panama, while ranked 48th and 3926th among best cities to live in the world.

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Prices in Munich vs Panama City

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

Munich Panama City
Eating Out
🍱 Lunch Menu
$14.6
$11.5
🥂 Dinner in a Restaurant, for 2
$68
$51.8
🥪 Fast food meal, equiv. McDonald's
$11
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.78
$2.6
 Cappuccino
$4.32
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.28
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1411
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1028
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2472
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1982
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$177
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$276
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.1
$47.6
🏦 Mortgage Interest Rate for 20 Years
3.53%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$11808
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$8614
$1457
Transportation
🚌 Local transport ticket
$4.02
$0.35
🎟️ Monthly ticket local transport
$53
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$24.2
$12
 Gas / Petrol, 1 L or 0.26 gal
$2
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.37
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$2.29
$2.11
🍚 Rice, 1 kg or 2.2 lb
$2.49
$1.71
🥚 Eggs, x12
$3.72
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$14.4
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.1
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$17.5
$8.87
🍏 Apples, 1 kg or 2.2 lb
$2.65
$2.91
🍌 Banana, 1 kg or 2.2 lb
$1.75
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$2.58
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$2.83
$2.81
🥔 Potato, 1 kg or 2.2 lb
$2
$2.1
🧅 Onion, 1 kg or 2.2 lb
$2.08
$2.02
🌊 Water, 1 L or 1 qt
$0.57
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.72
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$6.31
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$1.1
$1.14
🚬 Cigarette pack
$8.57
$5.88
💊 Cold medicince, 1 week
$8.17
$9.43
🧴 Hair Shampoo
$3.43
$7.05
🧻 Toilet paper, 4 rolls
$1.27
$3.43
👄 Toothpaste, 1 tube
$1.42
$3.7
Other
🏋️ Gym Membership, 1 month
$45.2
$42
🎫 Cinema Ticket, 1 person
$14.3
$6.85
👩‍⚕️ Doctor's visit
$74.8
$48.6
💇 Haircut, simple
$18.8
$13.5
👖 Brand Jeans
$95.5
$54.3
👟 Brand Sneakers
$97.3
$86.9
👶 Daycare or Preschool, 1 month
$922
$408
🏫 International Primary School, 1 year
$18334
$9581

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Munich

Distance City Cost of living
16 km or 9.6 mi Germering
$1803
16 km or 10 mi Unterschleiheim
$1758
17 km or 10 mi Puchheim
$1794
17 km or 11 mi Dachau
$1763
20 km or 13 mi Olching
$1755
23 km or 15 mi Starnberg
$1748
24 km or 15 mi Furstenfeldbruck
$1728
31 km or 19 mi Erding
$1603
31 km or 19 mi Geretsried
$1698
32 km or 20 mi Freising
$1608
44 km or 28 mi Pfaffenhofen an der Ilm
$1576
47 km or 29 mi Weilheim in Oberbayern
$1733
48 km or 30 mi Aichach
$1634
50 km or 31 mi Friedberg
$1668
52 km or 32 mi Rosenheim
$1206
53 km or 33 mi Konigsbrunn
$1660
53 km or 33 mi Landsberg am Lech
$1646
57 km or 35 mi Augsburg
$1751
61 km or 38 mi Gersthofen
$1663
62 km or 38 mi Landshut
$1560
62 km or 38 mi Waldkraiburg
$1537
62 km or 39 mi Neusa
$1663
71 km or 44 mi Ingolstadt
$1481
71 km or 44 mi Muhldorf
$1533
72 km or 45 mi Neuburg an der Donau
$1517
76 km or 48 mi Kaufbeuren
$1575
77 km or 48 mi Traunreut
$1505
80 km or 50 mi Garmisch-Partenkirchen
$1937
85 km or 53 mi Traunstein
$1516
87 km or 54 mi Donauworth
$1568
98 km or 61 mi Innsbruck
$1720
103 km or 64 mi Gunzburg
$1587
104 km or 65 mi Kempten
$1585
105 km or 65 mi Regensburg
$1438
105 km or 65 mi Memmingen
$1582
110 km or 69 mi Straubing
$1487
112 km or 70 mi Nordlingen
$1546
114 km or 71 mi Senden
$1585
116 km or 72 mi Salzburg
$1691
119 km or 74 mi Sonthofen
$1599

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