Panama City vs Rome - Cost of Living Comparison

Updated: March 01, 2024

	Panama City	Rome
🚶 Cost of living one person	$1316	$1697
👨‍👩‍👧‍👦 Cost of living Family	$3171	$4149
🏠 One person rent	$709	$891
🏘️ Family rent	$1291	$1673
🍽️ Food expenses	$426	$485
🚐 Transport expenses	$78	$170
💳 Monthly salary after tax	$901	$1795
😷 Air quality	Moderate	Moderate
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	92
😀 Quality of life	67	87
🏙️ Population	881K	2.87M

The cost of living in Panama City is 22% less expensive than in Rome. Cities ranked 4138th and 2685th ($1316 vs $1697) in the list of the most expensive cities in the world and ranked 1st and 4th 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 3926th and 230th 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	$11.5	$14.9
🥂 Dinner in a Restaurant, for 2	$51.8	$60.2
🥪 Fast food meal, equiv. McDonald's	$7.97	$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.6	$5.43
☕ Cappuccino	$4.35	$1.63
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.75	$2.19
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$836	$1043
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$520	$645
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1703	$2193
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$980	$1248
🔌 Utility Bill one person, electricity, heating, water, etc.	$78.2	$136
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$119	$206
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.6	$30.2
🏦 Mortgage Interest Rate for 20 Years	5.97%	4.74%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2399	$7657
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1457	$3688
Transportation
🚌 Local transport ticket	$0.35	$1.63
🎟️ Monthly ticket local transport	$25.9	$37.7
🚕 Taxi Ride, 8 km or 5 mi	$12	$16.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.06	$1.96
Groceries
🥛 Milk, 1 L or 1 qt	$1.76	$1.58
🍞 Bread, 0.5 kg or 1.1 lb	$2.11	$1.85
🍚 Rice, 1 kg or 2.2 lb	$1.71	$2.42
🥚 Eggs, x12	$2.63	$4.15
🧀 Cheese, 1 kg or 2.2 lb	$11.9	$15.3
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.45	$12.3
🥩 Round Steak, 1 kg or 2.2 lb	$8.87	$16.7
🍏 Apples, 1 kg or 2.2 lb	$2.91	$2.43
🍌 Banana, 1 kg or 2.2 lb	$1.37	$2.09
🍊 Oranges, 1 kg or 2.2 lb	$2.8	$2.33
🍅 Tomato, 1 kg or 2.2 lb	$2.81	$2.81
🥔 Potato, 1 kg or 2.2 lb	$2.1	$1.81
🧅 Onion, 1 kg or 2.2 lb	$2.02	$1.77
🌊 Water, 1 L or 1 qt	$0.98	$0.28
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.59	$2.07
🍾 Wine (mid-priced), 750 mL bottle	$9.98	$4.74
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$1.64
🚬 Cigarette pack	$5.88	$6.67
💊 Cold medicince, 1 week	$9.43	$9.68
🧴 Hair Shampoo	$7.05	$4.26
🧻 Toilet paper, 4 rolls	$3.43	$2.92
👄 Toothpaste, 1 tube	$3.7	$3.14
Other
🏋️ Gym Membership, 1 month	$42	$59.2
🎫 Cinema Ticket, 1 person	$6.85	$10.8
👩‍⚕️ Doctor's visit	$48.6	$105
💇 Haircut, simple	$13.5	$20.2
👖 Brand Jeans	$54.3	$69.6
👟 Brand Sneakers	$86.9	$80.8
👶 Daycare or Preschool, 1 month	$408	$509
🏫 International Primary School, 1 year	$9581	$9800

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	$1189
16 km or 9.9 mi	Tocumen	$1171
26 km or 16 mi	Pacora	$1182
34 km or 21 mi	La Chorrera	$917
59 km or 37 mi	Colon	$1157
108 km or 67 mi	Penonome	$940
154 km or 96 mi	Chitre	$980
190 km or 118 mi	Santiago de Veraguas	$961
321 km or 199 mi	Turbo	$624
329 km or 204 mi	David	$789
398 km or 247 mi	Monteria	$633
403 km or 250 mi	Limon	$1147
406 km or 252 mi	Santa Cruz de Lorica	$573
452 km or 281 mi	Sincelejo	$536
463 km or 288 mi	Cartagena	$877
483 km or 300 mi	Quibdo	$649
494 km or 307 mi	Cartago	$1009
513 km or 319 mi	San Jose	$1169
518 km or 322 mi	Heredia	$1040
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$778
529 km or 329 mi	Alajuela	$1163
530 km or 329 mi	Medellin	$867
534 km or 332 mi	Envigado	$812
558 km or 347 mi	Soledad	$851
559 km or 348 mi	Barranquilla	$780
595 km or 370 mi	Puntarenas	$1024
617 km or 383 mi	Cartago	$639
617 km or 383 mi	Cienaga	$661
623 km or 387 mi	Manizales	$727
627 km or 390 mi	Santa Teresa	$1114
627 km or 390 mi	Pereira	$639
631 km or 392 mi	Santa Marta	$705
632 km or 393 mi	Buenaventura	$552
636 km or 395 mi	Minca	$655
651 km or 404 mi	Salento	$567
652 km or 405 mi	Armenia	$551
657 km or 408 mi	Tulua	$493
658 km or 409 mi	Barrancabermeja	$592
675 km or 419 mi	Liberia	$1220

Cities near Rome

Distance	City	Cost of living
2.7 km or 1.7 mi	Vatican City	$916
19 km or 12 mi	Frascati	$1604
34 km or 21 mi	Ladispoli	$1504
44 km or 27 mi	Cisterna di Latina	$1351
47 km or 29 mi	Colleferro	$1425
51 km or 32 mi	Anzio	$1363
59 km or 37 mi	Latina	$1049
61 km or 38 mi	Civitavecchia	$1698
65 km or 40 mi	Rieti	$1261
66 km or 41 mi	Viterbo	$1332
76 km or 47 mi	Terni	$1024
78 km or 48 mi	Frosinone	$1011
80 km or 49 mi	Avezzano	$1104
91 km or 56 mi	L'Aquila	$964
93 km or 58 mi	Terracina	$1339
120 km or 74 mi	Foligno	$1092
132 km or 82 mi	Teramo	$1067
136 km or 84 mi	Perugia	$1056
140 km or 87 mi	Ascoli Piceno	$1166
148 km or 92 mi	Chieti	$1324
156 km or 97 mi	Pescara	$1066
170 km or 106 mi	Aversa	$1294
173 km or 107 mi	Santa Maria Capua Vetere	$1298
174 km or 108 mi	Fermo	$1231
175 km or 109 mi	Macerata	$1173
178 km or 111 mi	Giugliano in Campania	$1285
179 km or 112 mi	Caserta	$1321
181 km or 113 mi	Arezzo	$1328
183 km or 114 mi	Frattamaggiore	$1280
184 km or 115 mi	Siena	$1516
185 km or 115 mi	Campobasso	$1151
187 km or 116 mi	Civitanova Marche	$1231
189 km or 117 mi	Naples	$1337
209 km or 130 mi	Ancona	$1293
210 km or 130 mi	Benevento	$1230
213 km or 133 mi	Castellammare di Stabia	$1347
221 km or 137 mi	Avellino	$1065
221 km or 137 mi	Fano	$1090
226 km or 140 mi	Amalfi	$1527
227 km or 141 mi	San Marino City	$1229