Panama City vs Santiago - Cost of Living Comparison

Updated:

Livingcost

Panama City Santiago
🚶 Cost of living one person
$1316
$1075
👨‍👩‍👧‍👦 Cost of living Family
$3171
$2623
🏠 One person rent
$709
$486
🏘️ Family rent
$1291
$869
🍽️ Food expenses
$426
$347
🚐 Transport expenses
$78
$153
💳 Monthly salary after tax
$901
$674
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
7 km
13 km
🎓 Higher education
42
91
😀 Quality of life
67
77
🏙️ Population
881K
6.26M

The cost of living in Panama City is 22% more expensive than in Santiago. Cities ranked 4138th and 4828th ($1316 vs $1075) 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 0.6 months in Santiago. Panama City ranked 1st best city to live in Panama vs Santiago ranked 1st in Chile, while ranked 3926th and 685th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama City vs Santiago infographic

Share this infographic!

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
$11.5
$10.7
🥂 Dinner in a Restaurant, for 2
$51.8
$41.8
🥪 Fast food meal, equiv. McDonald's
$7.97
$8.19
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$3.11
☕ Cappuccino
$4.35
$3.46
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$1.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$487
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$368
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$862
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$705
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$73.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$113
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$20.2
🏦 Mortgage Interest Rate for 20 Years
5.97%
5.39%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$2369
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$2543
Transportation
🚌 Local transport ticket
$0.35
$0.82
🎟️ Monthly ticket local transport
$25.9
$41.7
🚕 Taxi Ride, 8 km or 5 mi
$12
$10.2
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$1.33
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$1.18
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$1.26
🍚 Rice, 1 kg or 2.2 lb
$1.71
$1.34
🥚 Eggs, x12
$2.63
$3.6
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$11.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$6.11
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$12.4
🍏 Apples, 1 kg or 2.2 lb
$2.91
$1.87
🍌 Banana, 1 kg or 2.2 lb
$1.37
$1.6
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$1.74
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$1.72
🥔 Potato, 1 kg or 2.2 lb
$2.1
$1.55
🧅 Onion, 1 kg or 2.2 lb
$2.02
$1.39
🌊 Water, 1 L or 1 qt
$0.98
$0.8
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.01
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$5.76
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.3
🚬 Cigarette pack
$5.88
$5.06
💊 Cold medicince, 1 week
$9.43
$4.12
🧴 Hair Shampoo
$7.05
$4.01
🧻 Toilet paper, 4 rolls
$3.43
$2.09
👄 Toothpaste, 1 tube
$3.7
$2.43
Other
🏋️ Gym Membership, 1 month
$42
$43.3
🎫 Cinema Ticket, 1 person
$6.85
$5.76
👩‍⚕️ Doctor's visit
$48.6
$36.1
💇 Haircut, simple
$13.5
$15.9
👖 Brand Jeans
$54.3
$48.6
👟 Brand Sneakers
$86.9
$70.2
👶 Daycare or Preschool, 1 month
$408
$382
🏫 International Primary School, 1 year
$9581
$6400

Cost of living in other countries

Cost of living

More cities to compare

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 Santiago

Distance City Cost of living
17 km or 11 mi San Bernardo
$763
20 km or 12 mi Puente Alto
$862
69 km or 43 mi Los Andes
$743
78 km or 48 mi San Felipe
$699
80 km or 50 mi Rancagua
$785
80 km or 50 mi Villa Alemana
$827
83 km or 52 mi Quillota
$828
85 km or 53 mi Quilpue
$825
89 km or 55 mi San Antonio
$1044
95 km or 59 mi Vina del Mar
$854
99 km or 62 mi Valparaiso
$888
130 km or 80 mi San Fernando
$781
179 km or 111 mi Curico
$730
181 km or 112 mi Godoy Cruz
$450
182 km or 113 mi Mendoza
$433
185 km or 115 mi Las Heras
$451
208 km or 129 mi San Martin
$450
238 km or 148 mi Talca
$724
251 km or 156 mi San Rafael
$429
264 km or 164 mi Constitucion
$768
280 km or 174 mi Linares
$816
292 km or 181 mi San Juan
$680
321 km or 199 mi Ovalle
$747
375 km or 233 mi Chillan
$693
394 km or 245 mi Coquimbo
$761
398 km or 247 mi La Serena
$782
401 km or 249 mi San Luis
$356
409 km or 254 mi Tome
$753
426 km or 265 mi Talcahuano
$686
434 km or 269 mi Concepcion
$870
455 km or 283 mi Coronel
$810
456 km or 284 mi Lujan
$439
464 km or 288 mi Lota
$794
472 km or 294 mi Los Angeles
$757
482 km or 300 mi Villa Mercedes
$418
508 km or 316 mi Curanilahue
$776
518 km or 322 mi Angol
$771
542 km or 337 mi Vallenar
$760
576 km or 358 mi La Rioja
$368
588 km or 366 mi Rio Cuarto
$440