Panama City vs Phoenix - Cost of Living Comparison

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Livingcost

Panama City Phoenix
🚶 Cost of living one person
$1590
$2423
👨‍👩‍👧‍👦 Cost of living Family
$3556
$5582
🏠 One person rent
$946
$1419
🏘️ Family rent
$1545
$2230
🍽️ Food expenses
$439
$694
🚐 Transport expenses
$100
$149
💳 Monthly salary after tax
$973
$4178
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
12 km
🎓 Higher education
42
71
😀 Quality of life
71
89
🏙️ Population
1.54M
1.61M

The cost of living in Panama City is 34% less expensive than in Phoenix. Cities ranked 3634th and 1041st ($1590 vs $2423) in the list of the most expensive cities in the world and ranked 1st and 896th in Panama and the United States, respectively. Check Panama vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.7 months in Phoenix. Panama City ranked 1st best city to live in Panama vs Phoenix ranked 58th in the United States, while ranked 3213th and 226th among best cities to live in the world.

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Prices in Panama City vs Phoenix

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

Panama City Phoenix
Eating Out
🍱 Lunch Menu
$9.69
$20
🥂 Dinner in a Restaurant, for 2
$45.4
$90
🥪 Fast food meal, equiv. McDonald's
$8.03
$12.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$5.95
☕ Cappuccino
$4.3
$6.41
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$2.86
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$1497
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$1109
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$2358
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$1803
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$152
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$235
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$80.7
🏦 Mortgage Interest Rate for 20 Years
6.27%
6.2%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$4665
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$3124
Transportation
🚌 Local transport ticket
$0.35
$1.99
🎟️ Monthly ticket local transport
$22.5
$63.8
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$13.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.07
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$0.92
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$4.05
🍚 Rice, 1 kg or 2.2 lb
$2.34
$5.29
🥚 Eggs, x12
$3.11
$5.35
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$14.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$13.2
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$16.4
🍏 Apples, 1 kg or 2.2 lb
$3.56
$4.9
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.9
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$4.46
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$6.08
🥔 Potato, 1 kg or 2.2 lb
$2.62
$3.2
🧅 Onion, 1 kg or 2.2 lb
$3.19
$3.24
🌊 Water, 1 L or 1 qt
$1.24
$1.6
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.68
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$15.1
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$2.45
🚬 Cigarette pack
$5.95
$10.8
💊 Cold medicince, 1 week
$8.08
$8.14
🧴 Hair Shampoo
$7.95
$5.45
🧻 Toilet paper, 4 rolls
$2.92
$4.81
👄 Toothpaste, 1 tube
$3.05
$2.11
Other
🏋️ Gym Membership, 1 month
$41.9
$47.1
🎫 Cinema Ticket, 1 person
$7.52
$13.5
👩‍⚕️ Doctor's visit
$42.9
$112
💇 Haircut, simple
$14.5
$17.7
👖 Brand Jeans
$58.4
$60.9
👟 Brand Sneakers
$90.7
$110
👶 Daycare or Preschool, 1 month
$505
$1659
🏫 International Primary School, 1 year
$11486
$21660

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Cost of Living in the nearest cities

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

Cities near Phoenix

Distance City Cost of living
13 km or 8.1 mi Glendale
$1974
14 km or 9 mi Scottsdale
$2509
16 km or 10 mi Peoria
$2366
17 km or 10 mi Tempe
$2463
25 km or 15 mi El Mirage
$2296
26 km or 16 mi Mesa
$2293
27 km or 17 mi Avondale
$2365
28 km or 17 mi Goodyear
$2343
29 km or 18 mi Surprise
$2346
33 km or 21 mi Chandler
$2367
33 km or 21 mi Gilbert
$2378
33 km or 21 mi Fountain Hills
$2373
51 km or 31 mi Queen Creek
$2988
51 km or 32 mi Apache Junction
$2482
51 km or 32 mi Buckeye
$2318
53 km or 33 mi Maricopa
$2243
78 km or 48 mi Casa Grande
$2374
84 km or 52 mi Florence
$2454
118 km or 73 mi Prescott
$2321
122 km or 76 mi Prescott Valley
$2312
155 km or 96 mi Marana
$2089
160 km or 99 mi Oro Valley
$2060
165 km or 102 mi Casas Adobes
$2011
181 km or 112 mi Tucson
$1933
190 km or 118 mi Flagstaff
$2573
205 km or 128 mi Sahuarita
$2070
232 km or 144 mi Lake Havasu
$2011
234 km or 145 mi Blythe
$2818
254 km or 158 mi Yuma
$1767
259 km or 161 mi Kingman
$1865
264 km or 164 mi Nogales
$2153
268 km or 166 mi Nogales
$771
276 km or 171 mi San Luis
$1924
276 km or 172 mi San Luis Rio Colorado
$950
278 km or 173 mi Sierra Vista
$1654
290 km or 180 mi Bullhead
$1835
313 km or 194 mi Caborca
$876
327 km or 203 mi Brawley
$2817
330 km or 205 mi Mexicali
$994
332 km or 207 mi Calexico
$2804