Panama City vs Santiago - Cost of Living Comparison

Updated:

Livingcost

Panama City Santiago
🚶 Cost of living one person
$1384
$1200
👨‍👩‍👧‍👦 Cost of living Family
$3435
$2937
🏠 One person rent
$751
$540
🏘️ Family rent
$1474
$964
🍽️ Food expenses
$444
$388
🚐 Transport expenses
$84.4
$169
💳 Monthly salary after tax
$914
$801
😷 Air quality
Good
Moderate
✈️ Airport proximity
7 km
13 km
🎓 Higher education
42
91
😀 Quality of life
66
78
🏙️ Population
881K
6.26M

The cost of living in Panama City is 15% more expensive than in Santiago. Cities ranked 4139th and 4604th ($1384 vs $1200) in the list of the most expensive cities in the world and ranked 1st and 1st in Panama and Chile, respectively. Check Panama vs Chile comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 0.7 months in Santiago. Panama City ranked 1st best city to live in Panama vs Santiago ranked 1st in Chile, while ranked 3919th and 705th among best cities to live in the world.

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Cost of living in Panama City vs Santiago infographic

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Prices in Panama City vs Santiago

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

Panama City Santiago
Eating Out
🍱 Lunch Menu
$12.3
$12.2
🥂 Dinner in a Restaurant, for 2
$55.2
$51.5
🥪 Fast food meal, equiv. McDonald's
$7.6
$8.67
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.94
$3.52
☕ Cappuccino
$4.25
$3.58
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$1.72
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$827
$515
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$577
$419
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1757
$989
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1198
$774
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.7
$81.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$118
$126
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.4
$20.8
🏦 Mortgage Interest Rate for 20 Years
6.12%
5.25%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2406
$2689
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1535
$2861
Transportation
🚌 Local transport ticket
$0.35
$0.91
🎟️ Monthly ticket local transport
$26.2
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$11.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.46
Groceries
🥛 Milk, 1 L or 1 qt
$1.78
$1.29
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$1.38
🍚 Rice, 1 kg or 2.2 lb
$2.08
$1.54
🥚 Eggs, x12
$2.67
$4.19
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$12.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.23
$6.53
🥩 Round Steak, 1 kg or 2.2 lb
$10.4
$13.2
🍏 Apples, 1 kg or 2.2 lb
$3.11
$2.05
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.68
🍊 Oranges, 1 kg or 2.2 lb
$3.09
$2.13
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$1.94
🥔 Potato, 1 kg or 2.2 lb
$2.19
$1.88
🧅 Onion, 1 kg or 2.2 lb
$2.5
$1.54
🌊 Water, 1 L or 1 qt
$1
$0.88
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$2.34
🍾 Wine (mid-priced), 750 mL bottle
$9.03
$6.06
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.5
🚬 Cigarette pack
$5.89
$5.39
💊 Cold medicince, 1 week
$10.5
$4.41
🧴 Hair Shampoo
$6.97
$4.77
🧻 Toilet paper, 4 rolls
$3.12
$2.6
👄 Toothpaste, 1 tube
$3.06
$2.99
Other
🏋️ Gym Membership, 1 month
$43.8
$41.7
🎫 Cinema Ticket, 1 person
$6.71
$6.02
👩‍⚕️ Doctor's visit
$49.1
$50.8
💇 Haircut, simple
$13.7
$17.6
👖 Brand Jeans
$54.3
$54.6
👟 Brand Sneakers
$90.2
$74.2
👶 Daycare or Preschool, 1 month
$437
$417
🏫 International Primary School, 1 year
$9531
$7298

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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 Santiago

Distance City Cost of living
17 km or 11 mi San Bernardo
$854
20 km or 12 mi Puente Alto
$957
69 km or 43 mi Los Andes
$800
78 km or 48 mi San Felipe
$752
80 km or 50 mi Rancagua
$844
80 km or 50 mi Villa Alemana
$922
83 km or 52 mi Quillota
$905
85 km or 53 mi Quilpue
$908
89 km or 55 mi San Antonio
$1135
95 km or 59 mi Vina del Mar
$932
99 km or 62 mi Valparaiso
$959
130 km or 80 mi San Fernando
$903
179 km or 111 mi Curico
$788
181 km or 112 mi Godoy Cruz
$608
182 km or 113 mi Mendoza
$599
185 km or 115 mi Las Heras
$609
208 km or 129 mi San Martin
$602
238 km or 148 mi Talca
$849
251 km or 156 mi San Rafael
$441
264 km or 164 mi Constitucion
$881
280 km or 174 mi Linares
$894
292 km or 181 mi San Juan
$658
321 km or 199 mi Ovalle
$819
375 km or 233 mi Chillan
$649
394 km or 245 mi Coquimbo
$852
398 km or 247 mi La Serena
$853
401 km or 249 mi San Luis
$729
409 km or 254 mi Tome
$798
426 km or 265 mi Talcahuano
$734
434 km or 269 mi Concepcion
$922
455 km or 283 mi Coronel
$852
456 km or 284 mi Lujan
$650
464 km or 288 mi Lota
$842
472 km or 294 mi Los Angeles
$743
482 km or 300 mi Villa Mercedes
$630
508 km or 316 mi Curanilahue
$836
518 km or 322 mi Angol
$823
542 km or 337 mi Vallenar
$824
576 km or 358 mi La Rioja
$613
588 km or 366 mi Rio Cuarto
$534