Panama City vs Rio de Janeiro - Cost of Living Comparison

Updated:

Livingcost

Panama City Rio de Janeiro
🚶 Cost of living one person
$1583
$1013
👨‍👩‍👧‍👦 Cost of living Family
$3567
$2476
🏠 One person rent
$976
$502
🏘️ Family rent
$1633
$806
🍽️ Food expenses
$432
$272
🚐 Transport expenses
$69.1
$151
💳 Monthly salary after tax
$936
$491
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
3 km
🎓 Higher education
42
95
😀 Quality of life
69
67
🏙️ Population
410K
6.21M

The cost of living in Panama City is 56% more expensive than in Rio de Janeiro. Cities ranked 3744th and 5559th ($1583 vs $1013) 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 4th in Brazil, while ranked 4400th and 4845th 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
$10.6
$6.99
🥂 Dinner in a Restaurant, for 2
$45.3
$31.1
🥪 Fast food meal, equiv. McDonald's
$7.39
$6.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$2.13
☕ Cappuccino
$3.94
$2.56
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$1.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$574
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$353
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$959
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$578
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$85.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$19.1
🏦 Mortgage Interest Rate for 20 Years
6.26%
11.13%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$2256
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$1317
Transportation
🚌 Local transport ticket
$0.35
$1.07
🎟️ Monthly ticket local transport
$22.2
$48
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$8.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$1.17
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$1.14
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.62
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.29
🥚 Eggs, x12
$3.26
$2.16
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$9.04
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$4.28
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$8.72
🍏 Apples, 1 kg or 2.2 lb
$3.53
$2.43
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.65
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$1.65
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$1.53
🥔 Potato, 1 kg or 2.2 lb
$2.46
$1.18
🧅 Onion, 1 kg or 2.2 lb
$3.74
$1.16
🌊 Water, 1 L or 1 qt
$1.16
$0.4
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$1.73
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$7.51
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$1.24
🚬 Cigarette pack
$6.04
$2.27
💊 Cold medicince, 1 week
$8.16
$3.86
🧴 Hair Shampoo
$8.03
$3.33
🧻 Toilet paper, 4 rolls
$2.96
$1.2
👄 Toothpaste, 1 tube
$3.04
$1.06
Other
🏋️ Gym Membership, 1 month
$42.8
$27.1
🎫 Cinema Ticket, 1 person
$7.3
$7.13
👩‍⚕️ Doctor's visit
$50.2
$48.8
💇 Haircut, simple
$14.5
$7.96
👖 Brand Jeans
$53.6
$44.6
👟 Brand Sneakers
$91.3
$76.6
👶 Daycare or Preschool, 1 month
$503
$550
🏫 International Primary School, 1 year
$13402
$13739

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957

Cities near Rio de Janeiro

Distance City Cost of living
9.9 km or 6.2 mi Niteroi
$792
18 km or 11 mi Duque de Caxias
$648
21 km or 13 mi Sao Joao de Meriti
$681
26 km or 16 mi Belford Roxo
$851
31 km or 19 mi Nova Iguacu
$632
45 km or 28 mi Petropolis
$782
60 km or 37 mi Teresopolis
$537
70 km or 44 mi Saquarema
$614
98 km or 61 mi Nova Friburgo
$482
102 km or 64 mi Volta Redonda
$576
108 km or 67 mi Barra Mansa
$600
112 km or 70 mi Sao Pedro da Aldeia
$579
115 km or 72 mi Angra dos Reis
$733
121 km or 75 mi Cabo Frio
$533
130 km or 81 mi Juiz de Fora
$600
135 km or 84 mi Rio das Ostras
$548
137 km or 85 mi Resende
$652
157 km or 97 mi Macae
$679
184 km or 115 mi Cruzeiro
$672
196 km or 122 mi Barbacena
$565
199 km or 123 mi Lorena
$709
200 km or 124 mi Ubatuba
$678
201 km or 125 mi Uba
$625
208 km or 129 mi Guaratingueta
$684
215 km or 134 mi Muriae
$585
226 km or 140 mi Sao Joao del-Rei
$568
231 km or 144 mi Campos dos Goytacazes
$564
232 km or 144 mi Pindamonhangaba
$656
238 km or 148 mi Itajuba
$565
240 km or 149 mi Caraguatatuba
$667
241 km or 150 mi Taubate
$645
242 km or 150 mi Vicosa
$643
245 km or 152 mi Sao Sebastiao
$679
251 km or 156 mi Tres Coracoes
$594
257 km or 160 mi Conselheiro Lafaiete
$679
258 km or 160 mi Cacapava
$702
264 km or 164 mi Lavras
$562
275 km or 171 mi Varginha
$505
277 km or 172 mi Sao Jose dos Campos
$877
279 km or 173 mi Ponte Nova
$631