Panama City vs Rome - Cost of Living Comparison

Updated:

Livingcost

Panama City Rome
🚶 Cost of living one person
$1560
$2020
👨‍👩‍👧‍👦 Cost of living Family
$3547
$4683
🏠 One person rent
$943
$1128
🏘️ Family rent
$1558
$1938
🍽️ Food expenses
$429
$543
🚐 Transport expenses
$78.4
$179
💳 Monthly salary after tax
$982
$2219
😷 Air quality
Excellent
Good
✈️ Airport proximity
7 km
7 km
🎓 Higher education
43
91
😀 Quality of life
71
89
🏙️ Population
410K
2.75M

The cost of living in Panama City is 23% less expensive than in Rome. Cities ranked 3737th and 1942nd ($1560 vs $2020) 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 0.6 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 3765th and 292nd among best cities to live in the world.

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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
$10.6
$17.4
🥂 Dinner in a Restaurant, for 2
$45.7
$72
🥪 Fast food meal, equiv. McDonald's
$8.08
$11.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$5.92
☕ Cappuccino
$4.03
$2.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.69
$2.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1015
$1313
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$759
$865
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1675
$2374
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1306
$1513
🔌 Utility Bill one person, electricity, heating, water, etc.
$86.4
$143
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$133
$222
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.5
$31.1
🏦 Mortgage Interest Rate for 20 Years
6.41%
3.84%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2662
$8120
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1618
$3992
Transportation
🚌 Local transport ticket
$0.35
$1.76
🎟️ Monthly ticket local transport
$23.2
$40.6
🚕 Taxi Ride, 8 km or 5 mi
$20.5
$17.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.97
$2.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.79
$1.88
🍞 Bread, 0.5 kg or 1.1 lb
$2.25
$1.89
🍚 Rice, 1 kg or 2.2 lb
$2.11
$2.46
🥚 Eggs, x12
$3.17
$4.77
🧀 Cheese, 1 kg or 2.2 lb
$11.7
$18.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.81
$12
🥩 Round Steak, 1 kg or 2.2 lb
$9.86
$21.2
🍏 Apples, 1 kg or 2.2 lb
$3.27
$2.76
🍌 Banana, 1 kg or 2.2 lb
$1.52
$2.41
🍊 Oranges, 1 kg or 2.2 lb
$3.27
$2.5
🍅 Tomato, 1 kg or 2.2 lb
$3.05
$3.32
🥔 Potato, 1 kg or 2.2 lb
$2.34
$1.87
🧅 Onion, 1 kg or 2.2 lb
$3.26
$2.09
🌊 Water, 1 L or 1 qt
$1.05
$0.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.44
$2.19
🍾 Wine (mid-priced), 750 mL bottle
$11.2
$6.8
🍺 Beer, 0.5 L or 16 fl oz
$1.38
$1.8
🚬 Cigarette pack
$5.92
$7.33
💊 Cold medicince, 1 week
$8.17
$10.4
🧴 Hair Shampoo
$8.06
$4.3
🧻 Toilet paper, 4 rolls
$2.98
$3.15
👄 Toothpaste, 1 tube
$3.05
$3.17
Other
🏋️ Gym Membership, 1 month
$42.6
$64.6
🎫 Cinema Ticket, 1 person
$7.32
$10.2
👩‍⚕️ Doctor's visit
$58.4
$126
💇 Haircut, simple
$14.3
$20.6
👖 Brand Jeans
$54
$84.1
👟 Brand Sneakers
$91.3
$93
👶 Daycare or Preschool, 1 month
$477
$558
🏫 International Primary School, 1 year
$15637
$10916

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1400
16 km or 9.9 mi Tocumen
$1377
26 km or 16 mi Pacora
$1371
34 km or 21 mi La Chorrera
$981
59 km or 37 mi Colon
$1188
108 km or 67 mi Penonome
$1150
154 km or 96 mi Chitre
$1150
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$721
329 km or 204 mi David
$925
398 km or 247 mi Monteria
$663
403 km or 250 mi Limon
$1288
406 km or 252 mi Santa Cruz de Lorica
$715
452 km or 281 mi Sincelejo
$547
463 km or 288 mi Cartagena
$1105
483 km or 300 mi Quibdo
$708
494 km or 307 mi Cartago
$1241
513 km or 319 mi San Jose
$1398
518 km or 322 mi Heredia
$1335
521 km or 324 mi Magangue
$667
526 km or 327 mi Bello
$881
529 km or 329 mi Alajuela
$1303
530 km or 329 mi Medellin
$1030
534 km or 332 mi Envigado
$950
558 km or 347 mi Soledad
$883
559 km or 348 mi Barranquilla
$843
595 km or 370 mi Puntarenas
$821
617 km or 383 mi Cartago
$679
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$678
627 km or 390 mi Santa Teresa
$1236
627 km or 390 mi Pereira
$730
631 km or 392 mi Santa Marta
$929
632 km or 393 mi Buenaventura
$782
636 km or 395 mi Minca
$847
651 km or 404 mi Salento
$655
652 km or 405 mi Armenia
$667
657 km or 408 mi Tulua
$511
658 km or 409 mi Barrancabermeja
$1082
675 km or 419 mi Liberia
$953

Cities near Rome

Distance City Cost of living
2.7 km or 1.7 mi Vatican City
$1153
19 km or 12 mi Frascati
$1747
34 km or 21 mi Ladispoli
$1680
44 km or 27 mi Cisterna di Latina
$1479
47 km or 29 mi Colleferro
$1413
51 km or 32 mi Anzio
$1376
59 km or 37 mi Latina
$1345
61 km or 38 mi Civitavecchia
$1586
65 km or 40 mi Rieti
$1392
66 km or 41 mi Viterbo
$1404
76 km or 47 mi Terni
$1101
78 km or 48 mi Frosinone
$1145
80 km or 49 mi Avezzano
$1128
91 km or 56 mi L'Aquila
$1381
93 km or 58 mi Terracina
$1462
120 km or 74 mi Foligno
$1307
132 km or 82 mi Teramo
$1264
136 km or 84 mi Perugia
$1215
140 km or 87 mi Ascoli Piceno
$1340
148 km or 92 mi Chieti
$1463
156 km or 97 mi Pescara
$1166
170 km or 106 mi Aversa
$1191
173 km or 107 mi Santa Maria Capua Vetere
$1170
174 km or 108 mi Fermo
$1429
175 km or 109 mi Macerata
$1271
178 km or 111 mi Giugliano in Campania
$1389
179 km or 112 mi Caserta
$1291
181 km or 113 mi Arezzo
$1365
183 km or 114 mi Frattamaggiore
$1381
184 km or 115 mi Siena
$1650
185 km or 115 mi Campobasso
$1084
187 km or 116 mi Civitanova Marche
$1438
189 km or 117 mi Naples
$1605
209 km or 130 mi Ancona
$1412
210 km or 130 mi Benevento
$1299
213 km or 133 mi Castellammare di Stabia
$1466
221 km or 137 mi Avellino
$1217
221 km or 137 mi Fano
$1325
226 km or 140 mi Amalfi
$1689
227 km or 141 mi San Marino City
$1323