Panama City vs Riyadh - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Riyadh
🚶 Cost of living one person	$1384	$1586
👨‍👩‍👧‍👦 Cost of living Family	$3435	$3407
🏠 One person rent	$751	$921
🏘️ Family rent	$1474	$1393
🍽️ Food expenses	$444	$358
🚐 Transport expenses	$84.4	$176
💳 Monthly salary after tax	$914	$2861
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	9 km
🎓 Higher education	42	71
😀 Quality of life	66	77
🏙️ Population	881K	7.01M

The cost of living in Panama City is 13% less expensive than in Riyadh. Cities ranked 4139th and 3292nd ($1384 vs $1586) in the list of the most expensive cities in the world and ranked 1st and 1st in Panama and Saudi Arabia, respectively. Check Panama vs Saudi Arabia comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.8 months in Riyadh. Panama City ranked 1st best city to live in Panama vs Riyadh ranked 1st in Saudi Arabia, while ranked 3919th and 796th among best cities to live in the world.

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Cost of living in Panama City vs Riyadh infographic

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Prices in Panama City vs Riyadh

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

	Panama City	Riyadh
Eating Out
🍱 Lunch Menu	$12.3	$7.92
🥂 Dinner in a Restaurant, for 2	$55.2	$52.9
🥪 Fast food meal, equiv. McDonald's	$7.6	$7.96
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$1.99
☕ Cappuccino	$4.25	$4.33
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$0.77
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$1005
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$726
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$1969
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$1032
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$65.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$99.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$74.1
🏦 Mortgage Interest Rate for 20 Years	6.12%	5.34%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$2212
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$1360
Transportation
🚌 Local transport ticket	$0.35	$1.05
🎟️ Monthly ticket local transport	$26.2	$37.6
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$17.1
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$0.61
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.75
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$1.24
🍚 Rice, 1 kg or 2.2 lb	$2.08	$2.2
🥚 Eggs, x12	$2.67	$2.49
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$8.03
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$8.34
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$13.3
🍏 Apples, 1 kg or 2.2 lb	$3.11	$2.26
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.66
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$1.76
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.65
🥔 Potato, 1 kg or 2.2 lb	$2.19	$1.29
🧅 Onion, 1 kg or 2.2 lb	$2.5	$1.42
🌊 Water, 1 L or 1 qt	$1	$0.39
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$2.13
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$7.98
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$1.73
🚬 Cigarette pack	$5.89	$7.43
💊 Cold medicince, 1 week	$10.5	$2.85
🧴 Hair Shampoo	$6.97	$4.26
🧻 Toilet paper, 4 rolls	$3.12	$2.61
👄 Toothpaste, 1 tube	$3.06	$5.1
Other
🏋️ Gym Membership, 1 month	$43.8	$104
🎫 Cinema Ticket, 1 person	$6.71	$15.9
👩‍⚕️ Doctor's visit	$49.1	$49.9
💇 Haircut, simple	$13.7	$7.27
👖 Brand Jeans	$54.3	$50.9
👟 Brand Sneakers	$90.2	$108
👶 Daycare or Preschool, 1 month	$437	$373
🏫 International Primary School, 1 year	$9531	$10359

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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 Riyadh

Distance	City	Cost of living
310 km or 193 mi	Al-Mubarraz	$783
316 km or 196 mi	Unaizah	$940
350 km or 217 mi	Ar Rass	$828
389 km or 242 mi	Dhahran	$870
394 km or 245 mi	Dammam	$989
395 km or 245 mi	Jubail	$928
417 km or 259 mi	Qatif	$878
420 km or 261 mi	Riffa	$1218
421 km or 262 mi	Isa Town	$1226
426 km or 265 mi	Manama	$1267
460 km or 286 mi	Al Wafrah	$1268
480 km or 298 mi	As Sulayyil	$1021
491 km or 305 mi	Doha	$1810
496 km or 308 mi	Al Khor	$1719
540 km or 336 mi	Kuwait City	$1457
595 km or 369 mi	Ha'il	$944
611 km or 379 mi	Umm Qasr	$716
618 km or 384 mi	Al-Faw	$713
631 km or 392 mi	Bushehr	$548
646 km or 401 mi	Az Zubayr	$705
652 km or 405 mi	Abadan	$557
658 km or 409 mi	Basra	$879
659 km or 410 mi	Khorramshahr	$552
668 km or 415 mi	Bisha	$895
680 km or 423 mi	Borazjan	$541
701 km or 436 mi	Bandar-e Mahshahr	$542
713 km or 443 mi	Madinat Zayed	$1630
714 km or 443 mi	Nasiriyah	$665
719 km or 447 mi	Medina	$853
737 km or 458 mi	Kazerun	$537
747 km or 464 mi	Behbahan	$507
754 km or 469 mi	Samawah	$586
766 km or 476 mi	Ahvaz	$588
775 km or 481 mi	Abu Dhabi	$1802
790 km or 491 mi	Mecca	$940
798 km or 496 mi	Shiraz	$558
800 km or 497 mi	Amarah	$680
804 km or 499 mi	Bareq	$895
804 km or 500 mi	Jahrom	$561
823 km or 511 mi	Yasuj	$489