Panama City vs Riyadh - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Riyadh
🚶 Cost of living one person	$1479	$1637
👨‍👩‍👧‍👦 Cost of living Family	$3609	$3629
🏠 One person rent	$846	$944
🏘️ Family rent	$1592	$1530
🍽️ Food expenses	$440	$375
🚐 Transport expenses	$83	$183
💳 Monthly salary after tax	$967	$2731
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	9 km
🎓 Higher education	42	72
😀 Quality of life	67	78
🏙️ Population	881K	7.01M

The cost of living in Panama City is 10% less expensive than in Riyadh. Cities ranked 3517th and 2911th ($1479 vs $1637) 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 1.7 months in Riyadh. Panama City ranked 1st best city to live in Panama vs Riyadh ranked 1st in Saudi Arabia, while ranked 3734th and 733rd 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	$10.4	$9.31
🥂 Dinner in a Restaurant, for 2	$48.5	$53.6
🥪 Fast food meal, equiv. McDonald's	$8.06	$8.02
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$1.88
☕ Cappuccino	$3.99	$4.16
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$0.76
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$1001
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$748
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$2174
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$1140
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$69.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$107
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$75.4
🏦 Mortgage Interest Rate for 20 Years	6.28%	5.42%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$2485
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$1703
Transportation
🚌 Local transport ticket	$0.42	$1.07
🎟️ Monthly ticket local transport	$23.2	$37.2
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$18.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$0.61
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.71
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$1.28
🍚 Rice, 1 kg or 2.2 lb	$2.33	$2.33
🥚 Eggs, x12	$2.77	$2.75
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$8.14
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$9.75
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$13.5
🍏 Apples, 1 kg or 2.2 lb	$3.44	$2.3
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.7
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$1.86
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.58
🥔 Potato, 1 kg or 2.2 lb	$2.23	$1.36
🧅 Onion, 1 kg or 2.2 lb	$2.8	$1.53
🌊 Water, 1 L or 1 qt	$1.07	$0.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$2.14
🍾 Wine (mid-priced), 750 mL bottle	$10	$8.71
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$1.72
🚬 Cigarette pack	$5.98	$7.19
💊 Cold medicince, 1 week	$11.7	$2.8
🧴 Hair Shampoo	$7.94	$4.03
🧻 Toilet paper, 4 rolls	$3.37	$2.23
👄 Toothpaste, 1 tube	$3.71	$5.22
Other
🏋️ Gym Membership, 1 month	$45.3	$102
🎫 Cinema Ticket, 1 person	$7.22	$16
👩‍⚕️ Doctor's visit	$54.5	$52.2
💇 Haircut, simple	$12.9	$7.23
👖 Brand Jeans	$56.8	$55.2
👟 Brand Sneakers	$93.2	$107
👶 Daycare or Preschool, 1 month	$477	$404
🏫 International Primary School, 1 year	$13616	$10598

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	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932

Cities near Riyadh

Distance	City	Cost of living
310 km or 193 mi	Al-Mubarraz	$804
316 km or 196 mi	Unaizah	$969
350 km or 217 mi	Ar Rass	$861
389 km or 242 mi	Dhahran	$1068
394 km or 245 mi	Dammam	$1056
395 km or 245 mi	Jubail	$901
417 km or 259 mi	Qatif	$897
420 km or 261 mi	Riffa	$1223
421 km or 262 mi	Isa Town	$1243
426 km or 265 mi	Manama	$1280
460 km or 286 mi	Al Wafrah	$1210
480 km or 298 mi	As Sulayyil	$1041
491 km or 305 mi	Doha	$1779
496 km or 308 mi	Al Khor	$1709
540 km or 336 mi	Kuwait City	$1393
595 km or 369 mi	Ha'il	$846
611 km or 379 mi	Umm Qasr	$740
618 km or 384 mi	Al-Faw	$736
631 km or 392 mi	Bushehr	$551
646 km or 401 mi	Az Zubayr	$723
652 km or 405 mi	Abadan	$547
658 km or 409 mi	Basra	$904
659 km or 410 mi	Khorramshahr	$544
668 km or 415 mi	Bisha	$905
680 km or 423 mi	Borazjan	$546
701 km or 436 mi	Bandar-e Mahshahr	$548
713 km or 443 mi	Madinat Zayed	$1721
714 km or 443 mi	Nasiriyah	$672
719 km or 447 mi	Medina	$1215
737 km or 458 mi	Kazerun	$557
747 km or 464 mi	Behbahan	$536
754 km or 469 mi	Samawah	$582
766 km or 476 mi	Ahvaz	$597
775 km or 481 mi	Abu Dhabi	$1828
790 km or 491 mi	Mecca	$979
798 km or 496 mi	Shiraz	$589
800 km or 497 mi	Amarah	$683
804 km or 499 mi	Bareq	$902
804 km or 500 mi	Jahrom	$547
823 km or 511 mi	Yasuj	$529