Panama City vs Rome - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Rome
🚶 Cost of living one person	$1384	$1750
👨‍👩‍👧‍👦 Cost of living Family	$3435	$4293
🏠 One person rent	$751	$929
🏘️ Family rent	$1474	$1751
🍽️ Food expenses	$444	$489
🚐 Transport expenses	$84.4	$171
💳 Monthly salary after tax	$914	$1885
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	92
😀 Quality of life	66	86
🏙️ Population	881K	2.75M

The cost of living in Panama City is 21% less expensive than in Rome. Cities ranked 4139th and 2722nd ($1384 vs $1750) in the list of the most expensive cities in the world and ranked 1st and 2nd in Panama and Italy, respectively. Check Panama vs Italy comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.1 months in Rome. Panama City ranked 1st best city to live in Panama vs Rome ranked 1st in Italy, while ranked 3919th and 294th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama City vs Rome infographic

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Prices in Panama City vs Rome

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

	Panama City	Rome
Eating Out
🍱 Lunch Menu	$12.3	$15.4
🥂 Dinner in a Restaurant, for 2	$55.2	$64.1
🥪 Fast food meal, equiv. McDonald's	$7.6	$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$5.57
☕ Cappuccino	$4.25	$1.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$2.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$1074
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$679
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$2242
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$1322
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$140
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$215
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$30.3
🏦 Mortgage Interest Rate for 20 Years	6.12%	4.61%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$7363
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$3723
Transportation
🚌 Local transport ticket	$0.35	$1.66
🎟️ Monthly ticket local transport	$26.2	$38.7
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$16.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$2.01
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.71
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$1.7
🍚 Rice, 1 kg or 2.2 lb	$2.08	$2.31
🥚 Eggs, x12	$2.67	$4.34
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$15.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$11.5
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$17.6
🍏 Apples, 1 kg or 2.2 lb	$3.11	$2.51
🍌 Banana, 1 kg or 2.2 lb	$1.54	$2.12
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$2.12
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$2.77
🥔 Potato, 1 kg or 2.2 lb	$2.19	$1.79
🧅 Onion, 1 kg or 2.2 lb	$2.5	$1.79
🌊 Water, 1 L or 1 qt	$1	$0.29
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$2.3
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$4.91
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$1.68
🚬 Cigarette pack	$5.89	$7.09
💊 Cold medicince, 1 week	$10.5	$9.23
🧴 Hair Shampoo	$6.97	$4.45
🧻 Toilet paper, 4 rolls	$3.12	$3.04
👄 Toothpaste, 1 tube	$3.06	$3.03
Other
🏋️ Gym Membership, 1 month	$43.8	$57
🎫 Cinema Ticket, 1 person	$6.71	$11
👩‍⚕️ Doctor's visit	$49.1	$123
💇 Haircut, simple	$13.7	$21
👖 Brand Jeans	$54.3	$70.9
👟 Brand Sneakers	$90.2	$83.4
👶 Daycare or Preschool, 1 month	$437	$513
🏫 International Primary School, 1 year	$9531	$10781

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 Rome

Distance	City	Cost of living
2.7 km or 1.7 mi	Vatican City	$928
19 km or 12 mi	Frascati	$1654
34 km or 21 mi	Ladispoli	$1492
44 km or 27 mi	Cisterna di Latina	$1427
47 km or 29 mi	Colleferro	$1316
51 km or 32 mi	Anzio	$1400
59 km or 37 mi	Latina	$1324
61 km or 38 mi	Civitavecchia	$1545
65 km or 40 mi	Rieti	$1277
66 km or 41 mi	Viterbo	$1287
76 km or 47 mi	Terni	$1061
78 km or 48 mi	Frosinone	$1058
80 km or 49 mi	Avezzano	$1117
91 km or 56 mi	L'Aquila	$1168
93 km or 58 mi	Terracina	$1424
120 km or 74 mi	Foligno	$1268
132 km or 82 mi	Teramo	$1034
136 km or 84 mi	Perugia	$1129
140 km or 87 mi	Ascoli Piceno	$1188
148 km or 92 mi	Chieti	$1363
156 km or 97 mi	Pescara	$1340
170 km or 106 mi	Aversa	$1148
173 km or 107 mi	Santa Maria Capua Vetere	$1148
174 km or 108 mi	Fermo	$1301
175 km or 109 mi	Macerata	$1259
178 km or 111 mi	Giugliano in Campania	$1320
179 km or 112 mi	Caserta	$1294
181 km or 113 mi	Arezzo	$1249
183 km or 114 mi	Frattamaggiore	$1323
184 km or 115 mi	Siena	$1601
185 km or 115 mi	Campobasso	$1212
187 km or 116 mi	Civitanova Marche	$1231
189 km or 117 mi	Naples	$1449
209 km or 130 mi	Ancona	$1342
210 km or 130 mi	Benevento	$1199
213 km or 133 mi	Castellammare di Stabia	$1400
221 km or 137 mi	Avellino	$1208
221 km or 137 mi	Fano	$1240
226 km or 140 mi	Amalfi	$1632
227 km or 141 mi	San Marino City	$1262