Panama City vs Santo Domingo - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Santo Domingo
🚶 Cost of living one person	$1479	$928
👨‍👩‍👧‍👦 Cost of living Family	$3609	$2508
🏠 One person rent	$846	$352
🏘️ Family rent	$1592	$806
🍽️ Food expenses	$440	$337
🚐 Transport expenses	$83	$153
💳 Monthly salary after tax	$967	$574
😷 Air quality	Good	Excellent
✈️ Airport proximity	7 km	14 km
🎓 Higher education	42	44
😀 Quality of life	67	58
🏙️ Population	881K	1.13M

The cost of living in Panama City is 59% more expensive than in Santo Domingo. Cities ranked 3517th and 5898th ($1479 vs $928) in the list of the most expensive cities in the world and ranked 1st and 3rd in Panama and the Dominican Republic, respectively. Check Panama vs the Dominican Republic 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 Santo Domingo. Panama City ranked 1st best city to live in Panama vs Santo Domingo ranked 1st in the Dominican Republic, while ranked 3734th and 5536th among best cities to live in the world.

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Cost of living in Panama City vs Santo Domingo infographic

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Prices in Panama City vs Santo Domingo

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

	Panama City	Santo Domingo
Eating Out
🍱 Lunch Menu	$10.4	$8.6
🥂 Dinner in a Restaurant, for 2	$48.5	$38.2
🥪 Fast food meal, equiv. McDonald's	$8.06	$6.83
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$2.54
☕ Cappuccino	$3.99	$3.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$1.05
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$473
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$222
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$1119
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$596
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$45.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$70.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$34.6
🏦 Mortgage Interest Rate for 20 Years	6.28%	12.45%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$1524
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$1100
Transportation
🚌 Local transport ticket	$0.42	$0.56
🎟️ Monthly ticket local transport	$23.2	$66.1
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$19.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.22
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.27
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$1.5
🍚 Rice, 1 kg or 2.2 lb	$2.33	$1.24
🥚 Eggs, x12	$2.77	$2.1
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$7.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$5.86
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$10.9
🍏 Apples, 1 kg or 2.2 lb	$3.44	$3.01
🍌 Banana, 1 kg or 2.2 lb	$1.58	$0.83
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$2.72
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.58
🥔 Potato, 1 kg or 2.2 lb	$2.23	$1.81
🧅 Onion, 1 kg or 2.2 lb	$2.8	$2.2
🌊 Water, 1 L or 1 qt	$1.07	$0.55
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$1.34
🍾 Wine (mid-priced), 750 mL bottle	$10	$12
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$2.49
🚬 Cigarette pack	$5.98	$5.05
💊 Cold medicince, 1 week	$11.7	$5.97
🧴 Hair Shampoo	$7.94	$4.91
🧻 Toilet paper, 4 rolls	$3.37	$1.79
👄 Toothpaste, 1 tube	$3.71	$2.55
Other
🏋️ Gym Membership, 1 month	$45.3	$37.6
🎫 Cinema Ticket, 1 person	$7.22	$5.65
👩‍⚕️ Doctor's visit	$54.5	$33.1
💇 Haircut, simple	$12.9	$9.6
👖 Brand Jeans	$56.8	$51.3
👟 Brand Sneakers	$93.2	$85.5
👶 Daycare or Preschool, 1 month	$477	$255
🏫 International Primary School, 1 year	$13616	$7607

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932

Cities near Santo Domingo

Distance	City	Cost of living
26 km or 16 mi	San Cristobal	$812
30 km or 19 mi	Boca Chica	$784
51 km or 31 mi	Bani	$695
62 km or 39 mi	San Pedro de Macoris	$707
70 km or 44 mi	Cotui	$645
74 km or 46 mi	Bonao	$545
89 km or 55 mi	Azua	$750
96 km or 59 mi	El Seibo	$733
98 km or 61 mi	La Romana	$656
99 km or 61 mi	San Francisco de Macoris	$510
100 km or 62 mi	Samana	$692
101 km or 62 mi	Nagua	$773
106 km or 66 mi	Jarabacoa	$724
107 km or 66 mi	La Vega	$561
126 km or 78 mi	Higuey	$735
131 km or 81 mi	Barahona	$707
138 km or 85 mi	Santiago de los Caballeros	$784
146 km or 90 mi	San Juan de la Maguana	$645
152 km or 94 mi	Cabarete	$774
156 km or 97 mi	Sosua	$961
161 km or 100 mi	Punta Cana	$1138
169 km or 105 mi	Puerto Plata	$751
174 km or 108 mi	Mao	$724
190 km or 118 mi	Sabaneta	$715
213 km or 132 mi	Cerca-la-Source	$505
252 km or 157 mi	Petion-Ville	$521
254 km or 158 mi	Delmas	$520
258 km or 160 mi	Port-au-Prince	$542
264 km or 164 mi	Carrefour	$527
281 km or 174 mi	Cap-Haitien	$511
286 km or 177 mi	Aguada	$1314
289 km or 180 mi	Aguadilla	$1221
292 km or 182 mi	Mayaguez	$1264
293 km or 182 mi	Cabo Rojo	$1145
298 km or 185 mi	Isabela	$1429
304 km or 189 mi	Saint-Marc	$508
304 km or 189 mi	San German	$1546
307 km or 191 mi	San Sebastian	$1538
312 km or 194 mi	Quebradillas	$1457
313 km or 194 mi	Gonaives	$521