Panama City vs Rio de Janeiro - Cost of Living Comparison

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Livingcost

Panama City Rio de Janeiro
🚶 Cost of living one person
$1590
$1095
👨‍👩‍👧‍👦 Cost of living Family
$3556
$2561
🏠 One person rent
$946
$567
🏘️ Family rent
$1545
$856
🍽️ Food expenses
$439
$285
🚐 Transport expenses
$100
$156
💳 Monthly salary after tax
$973
$550
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
3 km
🎓 Higher education
42
95
😀 Quality of life
71
72
🏙️ Population
1.54M
6.21M

The cost of living in Panama City is 45% more expensive than in Rio de Janeiro. Cities ranked 3634th and 5029th ($1590 vs $1095) in the list of the most expensive cities in the world and ranked 1st and 2nd in Panama and Brazil, respectively. Check Panama vs Brazil comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 0.5 months in Rio de Janeiro. Panama City ranked 1st best city to live in Panama vs Rio de Janeiro ranked 2nd in Brazil, while ranked 3213th and 2767th among best cities to live in the world.

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Prices in Panama City vs Rio de Janeiro

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

Panama City Rio de Janeiro
Eating Out
🍱 Lunch Menu
$9.69
$6.94
🥂 Dinner in a Restaurant, for 2
$45.4
$34.7
🥪 Fast food meal, equiv. McDonald's
$8.03
$7.83
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$2.4
☕ Cappuccino
$4.3
$2.75
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$1.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$657
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$408
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$1011
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$621
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$89.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$137
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$19.9
🏦 Mortgage Interest Rate for 20 Years
6.27%
11.87%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$2589
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$1468
Transportation
🚌 Local transport ticket
$0.35
$0.97
🎟️ Monthly ticket local transport
$22.5
$50.2
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$8.88
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.24
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.08
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$1.6
🍚 Rice, 1 kg or 2.2 lb
$2.34
$1.24
🥚 Eggs, x12
$3.11
$2.24
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$9.47
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$4.36
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$9.43
🍏 Apples, 1 kg or 2.2 lb
$3.56
$2.48
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.7
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$1.64
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$1.58
🥔 Potato, 1 kg or 2.2 lb
$2.62
$1.14
🧅 Onion, 1 kg or 2.2 lb
$3.19
$1.04
🌊 Water, 1 L or 1 qt
$1.24
$0.46
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$1.8
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$8.15
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$1.19
🚬 Cigarette pack
$5.95
$2.59
💊 Cold medicince, 1 week
$8.08
$3.95
🧴 Hair Shampoo
$7.95
$3.36
🧻 Toilet paper, 4 rolls
$2.92
$1.21
👄 Toothpaste, 1 tube
$3.05
$1.06
Other
🏋️ Gym Membership, 1 month
$41.9
$26.6
🎫 Cinema Ticket, 1 person
$7.52
$7.19
👩‍⚕️ Doctor's visit
$42.9
$50.2
💇 Haircut, simple
$14.5
$7.98
👖 Brand Jeans
$58.4
$42.5
👟 Brand Sneakers
$90.7
$70.9
👶 Daycare or Preschool, 1 month
$505
$554
🏫 International Primary School, 1 year
$11486
$12842

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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 Rio de Janeiro

Distance City Cost of living
9.9 km or 6.2 mi Niteroi
$824
18 km or 11 mi Duque de Caxias
$651
21 km or 13 mi Sao Joao de Meriti
$688
26 km or 16 mi Belford Roxo
$858
31 km or 19 mi Nova Iguacu
$617
45 km or 28 mi Petropolis
$805
60 km or 37 mi Teresopolis
$546
70 km or 44 mi Saquarema
$623
98 km or 61 mi Nova Friburgo
$488
102 km or 64 mi Volta Redonda
$581
108 km or 67 mi Barra Mansa
$607
112 km or 70 mi Sao Pedro da Aldeia
$586
115 km or 72 mi Angra dos Reis
$737
121 km or 75 mi Cabo Frio
$531
130 km or 81 mi Juiz de Fora
$623
135 km or 84 mi Rio das Ostras
$562
137 km or 85 mi Resende
$655
157 km or 97 mi Macae
$668
184 km or 115 mi Cruzeiro
$686
196 km or 122 mi Barbacena
$568
199 km or 123 mi Lorena
$729
200 km or 124 mi Ubatuba
$682
201 km or 125 mi Uba
$634
208 km or 129 mi Guaratingueta
$696
215 km or 134 mi Muriae
$566
226 km or 140 mi Sao Joao del-Rei
$584
231 km or 144 mi Campos dos Goytacazes
$567
232 km or 144 mi Pindamonhangaba
$663
238 km or 148 mi Itajuba
$576
240 km or 149 mi Caraguatatuba
$671
241 km or 150 mi Taubate
$667
242 km or 150 mi Vicosa
$670
245 km or 152 mi Sao Sebastiao
$684
251 km or 156 mi Tres Coracoes
$610
257 km or 160 mi Conselheiro Lafaiete
$695
258 km or 160 mi Cacapava
$711
264 km or 164 mi Lavras
$577
275 km or 171 mi Varginha
$519
277 km or 172 mi Sao Jose dos Campos
$884
279 km or 173 mi Ponte Nova
$634