Panama City vs Santiago - Cost of Living Comparison

Updated:

Livingcost

Panama City Santiago
🚶 Cost of living one person
$1583
$1191
👨‍👩‍👧‍👦 Cost of living Family
$3567
$2945
🏠 One person rent
$976
$532
🏘️ Family rent
$1633
$934
🍽️ Food expenses
$432
$397
🚐 Transport expenses
$69.1
$155
💳 Monthly salary after tax
$936
$881
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
13 km
🎓 Higher education
42
92
😀 Quality of life
69
80
🏙️ Population
410K
6.26M

The cost of living in Panama City is 33% more expensive than in Santiago. Cities ranked 3744th and 4795th ($1583 vs $1191) 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 0.6 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 4400th and 688th among best cities to live in the world.

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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
$10.6
$11.8
🥂 Dinner in a Restaurant, for 2
$45.3
$50.1
🥪 Fast food meal, equiv. McDonald's
$7.39
$8.82
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$4
☕ Cappuccino
$3.94
$3.78
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$1.77
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$573
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$393
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$1028
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$724
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$81.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$127
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$22.1
🏦 Mortgage Interest Rate for 20 Years
6.26%
5.38%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$2897
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$3070
Transportation
🚌 Local transport ticket
$0.35
$0.95
🎟️ Monthly ticket local transport
$22.2
$47.1
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$8.67
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$1.47
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$1.33
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.44
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.82
🥚 Eggs, x12
$3.26
$4.55
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$12.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$7.47
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$11.6
🍏 Apples, 1 kg or 2.2 lb
$3.53
$2.18
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.71
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$2.17
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$2.03
🥔 Potato, 1 kg or 2.2 lb
$2.46
$1.54
🧅 Onion, 1 kg or 2.2 lb
$3.74
$1.81
🌊 Water, 1 L or 1 qt
$1.16
$0.86
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$2.39
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$7.03
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$1.75
🚬 Cigarette pack
$6.04
$6.15
💊 Cold medicince, 1 week
$8.16
$4.17
🧴 Hair Shampoo
$8.03
$4.62
🧻 Toilet paper, 4 rolls
$2.96
$2.73
👄 Toothpaste, 1 tube
$3.04
$2.49
Other
🏋️ Gym Membership, 1 month
$42.8
$40.2
🎫 Cinema Ticket, 1 person
$7.3
$7.33
👩‍⚕️ Doctor's visit
$50.2
$46.5
💇 Haircut, simple
$14.5
$17.6
👖 Brand Jeans
$53.6
$56.9
👟 Brand Sneakers
$91.3
$86.8
👶 Daycare or Preschool, 1 month
$503
$493
🏫 International Primary School, 1 year
$13402
$10578

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957

Cities near Santiago

Distance City Cost of living
17 km or 11 mi San Bernardo
$848
20 km or 12 mi Puente Alto
$966
69 km or 43 mi Los Andes
$840
78 km or 48 mi San Felipe
$790
80 km or 50 mi Rancagua
$879
80 km or 50 mi Villa Alemana
$930
83 km or 52 mi Quillota
$941
85 km or 53 mi Quilpue
$943
89 km or 55 mi San Antonio
$1180
95 km or 59 mi Vina del Mar
$974
99 km or 62 mi Valparaiso
$987
130 km or 80 mi San Fernando
$1008
179 km or 111 mi Curico
$826
181 km or 112 mi Godoy Cruz
$895
182 km or 113 mi Mendoza
$907
185 km or 115 mi Las Heras
$893
208 km or 129 mi San Martin
$860
238 km or 148 mi Talca
$921
251 km or 156 mi San Rafael
$642
264 km or 164 mi Constitucion
$900
280 km or 174 mi Linares
$935
292 km or 181 mi San Juan
$589
321 km or 199 mi Ovalle
$804
375 km or 233 mi Chillan
$740
394 km or 245 mi Coquimbo
$915
398 km or 247 mi La Serena
$929
401 km or 249 mi San Luis
$764
409 km or 254 mi Tome
$830
426 km or 265 mi Talcahuano
$747
434 km or 269 mi Concepcion
$973
455 km or 283 mi Coronel
$897
456 km or 284 mi Lujan
$759
464 km or 288 mi Lota
$887
472 km or 294 mi Los Angeles
$938
482 km or 300 mi Villa Mercedes
$768
508 km or 316 mi Curanilahue
$893
518 km or 322 mi Angol
$916
542 km or 337 mi Vallenar
$891
576 km or 358 mi La Rioja
$577
588 km or 366 mi Rio Cuarto
$849