Panama City vs Rio de Janeiro - Cost of Living Comparison

Updated:

Livingcost

Panama City Rio de Janeiro
🚶 Cost of living one person
$1316
$1010
👨‍👩‍👧‍👦 Cost of living Family
$3171
$2648
🏠 One person rent
$709
$460
🏘️ Family rent
$1291
$868
🍽️ Food expenses
$426
$272
🚐 Transport expenses
$78
$167
💳 Monthly salary after tax
$901
$359
😷 Air quality
Moderate
Good
✈️ Airport proximity
7 km
3 km
🎓 Higher education
42
94
😀 Quality of life
67
62
🏙️ Population
881K
6.78M

The cost of living in Panama City is 30% more expensive than in Rio de Janeiro. Cities ranked 4138th and 5234th ($1316 vs $1010) 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 3926th and 5089th 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
$11.5
$6.53
🥂 Dinner in a Restaurant, for 2
$51.8
$33.7
🥪 Fast food meal, equiv. McDonald's
$7.97
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$2.16
☕ Cappuccino
$4.35
$2.29
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$1.21
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$497
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$313
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$997
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$641
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$88.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$135
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$21.1
🏦 Mortgage Interest Rate for 20 Years
5.97%
10.11%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$2527
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$1298
Transportation
🚌 Local transport ticket
$0.35
$1
🎟️ Monthly ticket local transport
$25.9
$55.3
🚕 Taxi Ride, 8 km or 5 mi
$12
$9.75
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$1.13
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$1.43
🍚 Rice, 1 kg or 2.2 lb
$1.71
$1.07
🥚 Eggs, x12
$2.63
$2.25
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$10.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$3.65
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$8.52
🍏 Apples, 1 kg or 2.2 lb
$2.91
$2.21
🍌 Banana, 1 kg or 2.2 lb
$1.37
$1.64
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$1.25
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$1.76
🥔 Potato, 1 kg or 2.2 lb
$2.1
$1.16
🧅 Onion, 1 kg or 2.2 lb
$2.02
$1.21
🌊 Water, 1 L or 1 qt
$0.98
$0.39
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$1.77
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$8.35
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.23
🚬 Cigarette pack
$5.88
$1.93
💊 Cold medicince, 1 week
$9.43
$4.96
🧴 Hair Shampoo
$7.05
$4.07
🧻 Toilet paper, 4 rolls
$3.43
$1.27
👄 Toothpaste, 1 tube
$3.7
$1.01
Other
🏋️ Gym Membership, 1 month
$42
$27.3
🎫 Cinema Ticket, 1 person
$6.85
$8.06
👩‍⚕️ Doctor's visit
$48.6
$72.7
💇 Haircut, simple
$13.5
$10.5
👖 Brand Jeans
$54.3
$56.8
👟 Brand Sneakers
$86.9
$87
👶 Daycare or Preschool, 1 month
$408
$588
🏫 International Primary School, 1 year
$9581
$10845

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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 Rio de Janeiro

Distance City Cost of living
9.9 km or 6.2 mi Niteroi
$778
18 km or 11 mi Duque de Caxias
$688
21 km or 13 mi Sao Joao de Meriti
$710
26 km or 16 mi Belford Roxo
$887
31 km or 19 mi Nova Iguacu
$640
45 km or 28 mi Petropolis
$645
60 km or 37 mi Teresopolis
$619
70 km or 44 mi Saquarema
$717
98 km or 61 mi Nova Friburgo
$531
102 km or 64 mi Volta Redonda
$593
108 km or 67 mi Barra Mansa
$606
112 km or 70 mi Sao Pedro da Aldeia
$691
115 km or 72 mi Angra dos Reis
$702
121 km or 75 mi Cabo Frio
$711
130 km or 81 mi Juiz de Fora
$496
135 km or 84 mi Rio das Ostras
$560
137 km or 85 mi Resende
$633
157 km or 97 mi Macae
$681
184 km or 115 mi Cruzeiro
$638
196 km or 122 mi Barbacena
$568
199 km or 123 mi Lorena
$647
200 km or 124 mi Ubatuba
$685
201 km or 125 mi Uba
$616
208 km or 129 mi Guaratingueta
$653
215 km or 134 mi Muriae
$617
226 km or 140 mi Sao Joao del-Rei
$465
231 km or 144 mi Campos dos Goytacazes
$582
232 km or 144 mi Pindamonhangaba
$679
238 km or 148 mi Itajuba
$554
240 km or 149 mi Caraguatatuba
$701
241 km or 150 mi Taubate
$669
242 km or 150 mi Vicosa
$631
245 km or 152 mi Sao Sebastiao
$681
251 km or 156 mi Tres Coracoes
$591
257 km or 160 mi Conselheiro Lafaiete
$680
258 km or 160 mi Cacapava
$674
264 km or 164 mi Lavras
$579
275 km or 171 mi Varginha
$541
277 km or 172 mi Sao Jose dos Campos
$775
279 km or 173 mi Ponte Nova
$620