Panama City vs Phoenix - Cost of Living Comparison

Updated:

Livingcost

Panama City Phoenix
🚶 Cost of living one person
$1316
$2390
👨‍👩‍👧‍👦 Cost of living Family
$3171
$5218
🏠 One person rent
$709
$1517
🏘️ Family rent
$1291
$2491
🍽️ Food expenses
$426
$573
🚐 Transport expenses
$78
$154
💳 Monthly salary after tax
$901
$4557
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
7 km
12 km
🎓 Higher education
42
69
😀 Quality of life
67
90
🏙️ Population
881K
1.61M

The cost of living in Panama City is 45% less expensive than in Phoenix. Cities ranked 4138th and 864th ($1316 vs $2390) in the list of the most expensive cities in the world and ranked 1st and 780th 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 0.7 months in Panama City compared to 1.9 months in Phoenix. Panama City ranked 1st best city to live in Panama vs Phoenix ranked 21st in the United States, while ranked 3926th and 127th 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
$11.5
$18.1
🥂 Dinner in a Restaurant, for 2
$51.8
$69
🥪 Fast food meal, equiv. McDonald's
$7.97
$10.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$5.68
☕ Cappuccino
$4.35
$5.32
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$2.52
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$1436
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$1252
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$2542
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$2085
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$155
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$241
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$73.3
🏦 Mortgage Interest Rate for 20 Years
5.97%
6.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$3451
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$2894
Transportation
🚌 Local transport ticket
$0.35
$1.99
🎟️ Monthly ticket local transport
$25.9
$65.2
🚕 Taxi Ride, 8 km or 5 mi
$12
$14.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$0.9
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$3.36
🍚 Rice, 1 kg or 2.2 lb
$1.71
$3.52
🥚 Eggs, x12
$2.63
$4.52
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$10.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$9.8
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$13
🍏 Apples, 1 kg or 2.2 lb
$2.91
$4.55
🍌 Banana, 1 kg or 2.2 lb
$1.37
$1.45
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$3.81
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$3.96
🥔 Potato, 1 kg or 2.2 lb
$2.1
$2.72
🧅 Onion, 1 kg or 2.2 lb
$2.02
$2.65
🌊 Water, 1 L or 1 qt
$0.98
$1.58
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.57
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$13.5
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$2.32
🚬 Cigarette pack
$5.88
$9.41
💊 Cold medicince, 1 week
$9.43
$6.92
🧴 Hair Shampoo
$7.05
$4.99
🧻 Toilet paper, 4 rolls
$3.43
$4.37
👄 Toothpaste, 1 tube
$3.7
$2.28
Other
🏋️ Gym Membership, 1 month
$42
$26.4
🎫 Cinema Ticket, 1 person
$6.85
$12.7
👩‍⚕️ Doctor's visit
$48.6
$105
💇 Haircut, simple
$13.5
$20.3
👖 Brand Jeans
$54.3
$48.7
👟 Brand Sneakers
$86.9
$93.2
👶 Daycare or Preschool, 1 month
$408
$977
🏫 International Primary School, 1 year
$9581
$10488

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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

Cities near Phoenix

Distance City Cost of living
13 km or 8.1 mi Glendale
$2339
14 km or 9 mi Scottsdale
$2459
16 km or 10 mi Peoria
$2405
17 km or 10 mi Tempe
$2381
25 km or 15 mi El Mirage
$2315
26 km or 16 mi Mesa
$2425
27 km or 17 mi Avondale
$2485
28 km or 17 mi Goodyear
$2428
29 km or 18 mi Surprise
$2347
33 km or 21 mi Chandler
$2427
33 km or 21 mi Gilbert
$2392
33 km or 21 mi Fountain Hills
$2353
51 km or 31 mi Queen Creek
$2368
51 km or 32 mi Apache Junction
$2340
51 km or 32 mi Buckeye
$2379
53 km or 33 mi Maricopa
$2414
78 km or 48 mi Casa Grande
$2341
84 km or 52 mi Florence
$2324
118 km or 73 mi Prescott
$2275
122 km or 76 mi Prescott Valley
$2244
155 km or 96 mi Marana
$2105
160 km or 99 mi Oro Valley
$2096
165 km or 102 mi Casas Adobes
$2078
181 km or 112 mi Tucson
$2042
190 km or 118 mi Flagstaff
$2004
205 km or 128 mi Sahuarita
$2076
232 km or 144 mi Lake Havasu
$2123
234 km or 145 mi Blythe
$2692
254 km or 158 mi Yuma
$1828
259 km or 161 mi Kingman
$2008
264 km or 164 mi Nogales
$2043
268 km or 166 mi Nogales
$874
276 km or 171 mi San Luis
$1941
276 km or 172 mi San Luis Rio Colorado
$953
278 km or 173 mi Sierra Vista
$1777
290 km or 180 mi Bullhead
$1886
313 km or 194 mi Caborca
$865
327 km or 203 mi Brawley
$2687
330 km or 205 mi Mexicali
$1054
332 km or 207 mi Calexico
$2706