Panama City vs Rio de Janeiro - Cost of Living Comparison

Updated:

Livingcost

Panama City Rio de Janeiro
🚶 Cost of living one person
$1384
$955
👨‍👩‍👧‍👦 Cost of living Family
$3435
$2402
🏠 One person rent
$751
$447
🏘️ Family rent
$1474
$765
🍽️ Food expenses
$444
$255
🚐 Transport expenses
$84.4
$157
💳 Monthly salary after tax
$914
$365
😷 Air quality
Good
Good
✈️ Airport proximity
7 km
3 km
🎓 Higher education
42
94
😀 Quality of life
66
62
🏙️ Population
881K
6.21M

The cost of living in Panama City is 45% more expensive than in Rio de Janeiro. Cities ranked 4139th and 5959th ($1384 vs $955) 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 0.7 months in Panama City compared to 0.4 months in Rio de Janeiro. Panama City ranked 1st best city to live in Panama vs Rio de Janeiro ranked 3rd in Brazil, while ranked 3919th and 4932nd among best cities to live in the world.

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Cost of living in Panama City vs Rio de Janeiro infographic

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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
$12.3
$6.12
🥂 Dinner in a Restaurant, for 2
$55.2
$32.9
🥪 Fast food meal, equiv. McDonald's
$7.6
$6.61
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.94
$1.86
☕ Cappuccino
$4.25
$2.28
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$1.16
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$827
$506
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$577
$318
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1757
$850
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1198
$581
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.7
$71.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$118
$110
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.4
$19.8
🏦 Mortgage Interest Rate for 20 Years
6.12%
10.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2406
$2041
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1535
$1135
Transportation
🚌 Local transport ticket
$0.35
$1.13
🎟️ Monthly ticket local transport
$26.2
$53.5
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$8.71
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.78
$1.05
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$1.37
🍚 Rice, 1 kg or 2.2 lb
$2.08
$1.12
🥚 Eggs, x12
$2.67
$2.03
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$7.85
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.23
$3.45
🥩 Round Steak, 1 kg or 2.2 lb
$10.4
$8.19
🍏 Apples, 1 kg or 2.2 lb
$3.11
$2.23
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.57
🍊 Oranges, 1 kg or 2.2 lb
$3.09
$1.23
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$1.71
🥔 Potato, 1 kg or 2.2 lb
$2.19
$1.25
🧅 Onion, 1 kg or 2.2 lb
$2.5
$1.21
🌊 Water, 1 L or 1 qt
$1
$0.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$1.84
🍾 Wine (mid-priced), 750 mL bottle
$9.03
$8.3
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.21
🚬 Cigarette pack
$5.89
$1.85
💊 Cold medicince, 1 week
$10.5
$4.04
🧴 Hair Shampoo
$6.97
$3.23
🧻 Toilet paper, 4 rolls
$3.12
$1.03
👄 Toothpaste, 1 tube
$3.06
$0.95
Other
🏋️ Gym Membership, 1 month
$43.8
$24.8
🎫 Cinema Ticket, 1 person
$6.71
$6.94
👩‍⚕️ Doctor's visit
$49.1
$61.4
💇 Haircut, simple
$13.7
$7.95
👖 Brand Jeans
$54.3
$50.2
👟 Brand Sneakers
$90.2
$75.3
👶 Daycare or Preschool, 1 month
$437
$535
🏫 International Primary School, 1 year
$9531
$10815

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898

Cities near Rio de Janeiro

Distance City Cost of living
9.9 km or 6.2 mi Niteroi
$773
18 km or 11 mi Duque de Caxias
$636
21 km or 13 mi Sao Joao de Meriti
$652
26 km or 16 mi Belford Roxo
$808
31 km or 19 mi Nova Iguacu
$591
45 km or 28 mi Petropolis
$600
60 km or 37 mi Teresopolis
$578
70 km or 44 mi Saquarema
$675
98 km or 61 mi Nova Friburgo
$500
102 km or 64 mi Volta Redonda
$549
108 km or 67 mi Barra Mansa
$563
112 km or 70 mi Sao Pedro da Aldeia
$647
115 km or 72 mi Angra dos Reis
$649
121 km or 75 mi Cabo Frio
$656
130 km or 81 mi Juiz de Fora
$461
135 km or 84 mi Rio das Ostras
$513
137 km or 85 mi Resende
$596
157 km or 97 mi Macae
$635
184 km or 115 mi Cruzeiro
$620
196 km or 122 mi Barbacena
$520
199 km or 123 mi Lorena
$664
200 km or 124 mi Ubatuba
$623
201 km or 125 mi Uba
$585
208 km or 129 mi Guaratingueta
$629
215 km or 134 mi Muriae
$618
226 km or 140 mi Sao Joao del-Rei
$532
231 km or 144 mi Campos dos Goytacazes
$537
232 km or 144 mi Pindamonhangaba
$609
238 km or 148 mi Itajuba
$543
240 km or 149 mi Caraguatatuba
$618
241 km or 150 mi Taubate
$617
242 km or 150 mi Vicosa
$593
245 km or 152 mi Sao Sebastiao
$622
251 km or 156 mi Tres Coracoes
$542
257 km or 160 mi Conselheiro Lafaiete
$631
258 km or 160 mi Cacapava
$618
264 km or 164 mi Lavras
$515
275 km or 171 mi Varginha
$463
277 km or 172 mi Sao Jose dos Campos
$666
279 km or 173 mi Ponte Nova
$585