Panama City vs Seoul - Cost of Living Comparison
Updated:
| Panama City | Seoul | |
|---|---|---|
| 🚶 Cost of living one person | ||
| 👨👩👧👦 Cost of living Family | ||
| 🏠 One person rent | ||
| 🏘️ Family rent | ||
| 🍽️ Food expenses | ||
| 🚐 Transport expenses | ||
| 💳 Monthly salary after tax | ||
| 😷 Air quality | ||
| ✈️ Airport proximity | ||
| 🎓 Higher education | ||
| 😀 Quality of life | ||
| 🏙️ Population |
The cost of living in Panama City is 13% more expensive than in Seoul. Cities ranked 3737th and 4296th ($1560 vs $1383) in the list of the most expensive cities in the world and ranked 1st and 2nd in Panama and South Korea, respectively. Check Panama vs South Korea comparison.
The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.4 months in Seoul. Panama City ranked 1st best city to live in Panama vs Seoul ranked 2nd in South Korea, while ranked 3765th and 90th among best cities to live in the world.
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the estimated difference in money purchasing power
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Prices in Panama City vs Seoul
Prices for goods and services in Panama City and Seoul are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.
| Panama City | Seoul | |
|---|---|---|
| Eating Out | ||
| 🍱 Lunch Menu | ||
| 🥂 Dinner in a Restaurant, for 2 | ||
| 🥪 Fast food meal, equiv. McDonald's | ||
| 🍻 Beer in a Pub, 0.5 L or 16 fl oz | ||
| ☕ Cappuccino | ||
| 🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz | ||
| Rent & Utilities | ||
| 🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2 | ||
| 🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | ||
| 🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2 | ||
| 🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | ||
| 🔌 Utility Bill one person, electricity, heating, water, etc. | ||
| 🔌 Utility Bill for a Family, electricity, heating, water, etc. | ||
| 🌐 Internet plan, 50 Mbps+ 1 month unlimited | ||
| 🏦 Mortgage Interest Rate for 20 Years | ||
| 🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2 | ||
| 🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2 | ||
| Transportation | ||
| 🚌 Local transport ticket | ||
| 🎟️ Monthly ticket local transport | ||
| 🚕 Taxi Ride, 8 km or 5 mi | ||
| ⛽ Gas / Petrol, 1 L or 0.26 gal | ||
| Groceries | ||
| 🥛 Milk, 1 L or 1 qt | ||
| 🍞 Bread, 0.5 kg or 1.1 lb | ||
| 🍚 Rice, 1 kg or 2.2 lb | ||
| 🥚 Eggs, x12 | ||
| 🧀 Cheese, 1 kg or 2.2 lb | ||
| 🐔 Chicken Breast, 1 kg or 2.2 lb | ||
| 🥩 Round Steak, 1 kg or 2.2 lb | ||
| 🍏 Apples, 1 kg or 2.2 lb | ||
| 🍌 Banana, 1 kg or 2.2 lb | ||
| 🍊 Oranges, 1 kg or 2.2 lb | ||
| 🍅 Tomato, 1 kg or 2.2 lb | ||
| 🥔 Potato, 1 kg or 2.2 lb | ||
| 🧅 Onion, 1 kg or 2.2 lb | ||
| 🌊 Water, 1 L or 1 qt | ||
| 🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz | ||
| 🍾 Wine (mid-priced), 750 mL bottle | ||
| 🍺 Beer, 0.5 L or 16 fl oz | ||
| 🚬 Cigarette pack | ||
| 💊 Cold medicince, 1 week | ||
| 🧴 Hair Shampoo | ||
| 🧻 Toilet paper, 4 rolls | ||
| 👄 Toothpaste, 1 tube | ||
| Other | ||
| 🏋️ Gym Membership, 1 month | ||
| 🎫 Cinema Ticket, 1 person | ||
| 👩⚕️ Doctor's visit | ||
| 💇 Haircut, simple | ||
| 👖 Brand Jeans | ||
| 👟 Brand Sneakers | ||
| 👶 Daycare or Preschool, 1 month | ||
| 🏫 International Primary School, 1 year | ||
Cost of living in other countries
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Cost of Living in the nearest cities
Cities near Panama City
| Distance | City | Cost of living |
|---|---|---|
| 8.1 km or 5 mi |  Balboa | |
| 16 km or 9.9 mi | Tocumen | |
| 26 km or 16 mi | Pacora | |
| 34 km or 21 mi | La Chorrera | |
| 59 km or 37 mi | Colon | |
| 108 km or 67 mi | Penonome | |
| 154 km or 96 mi | Chitre | |
| 190 km or 118 mi | Santiago de Veraguas | |
| 321 km or 199 mi |  Turbo | |
| 329 km or 204 mi | David | |
| 398 km or 247 mi | Monteria | |
| 403 km or 250 mi |  Limon | |
| 406 km or 252 mi | Santa Cruz de Lorica | |
| 452 km or 281 mi | Sincelejo | |
| 463 km or 288 mi | Cartagena | |
| 483 km or 300 mi | Quibdo | |
| 494 km or 307 mi | Cartago | |
| 513 km or 319 mi | San Jose | |
| 518 km or 322 mi | Heredia | |
| 521 km or 324 mi | Magangue | |
| 526 km or 327 mi | Bello | |
| 529 km or 329 mi | Alajuela | |
| 530 km or 329 mi | Medellin | |
| 534 km or 332 mi | Envigado | |
| 558 km or 347 mi | Soledad | |
| 559 km or 348 mi | Barranquilla | |
| 595 km or 370 mi | Puntarenas | |
| 617 km or 383 mi | Cartago | |
| 617 km or 383 mi | Cienaga | |
| 623 km or 387 mi | Manizales | |
| 627 km or 390 mi | Santa Teresa | |
| 627 km or 390 mi | Pereira | |
| 631 km or 392 mi | Santa Marta | |
| 632 km or 393 mi | Buenaventura | |
| 636 km or 395 mi | Minca | |
| 651 km or 404 mi | Salento | |
| 652 km or 405 mi | Armenia | |
| 657 km or 408 mi | Tulua | |
| 658 km or 409 mi | Barrancabermeja | |
| 675 km or 419 mi | Liberia |
Cities near Seoul
| Distance | City | Cost of living |
|---|---|---|
| 13 km or 7.9 mi |  Guri | |
| 17 km or 10 mi | Goyang | |
| 17 km or 10 mi | Gwangmyeong | |
| 17 km or 11 mi | Gwacheon | |
| 19 km or 12 mi | Uijeongbu | |
| 20 km or 12 mi | Hanam | |
| 20 km or 12 mi | Namyangju | |
| 20 km or 13 mi | Seongnam | |
| 21 km or 13 mi | Siheung | |
| 21 km or 13 mi | Bucheon | |
| 22 km or 14 mi | Anyang | |
| 23 km or 14 mi | Yangju | |
| 24 km or 15 mi | Gunpo | |
| 26 km or 16 mi | Gimpo | |
| 27 km or 17 mi | Uiwang | |
| 30 km or 19 mi | Gwangju | |
| 32 km or 20 mi | Paju | |
| 33 km or 20 mi | Ansan | |
| 33 km or 21 mi | Suwon | |
| 34 km or 21 mi | Incheon | |
| 37 km or 23 mi | Dongducheon | |
| 39 km or 24 mi | Pocheon | |
| 42 km or 26 mi | Yongin | |
| 47 km or 29 mi | Hwaseong | |
| 49 km or 31 mi | Osan | |
| 52 km or 32 mi | Icheon | |
| 58 km or 36 mi |  Kaesong | |
| 65 km or 40 mi | Yeoju | |
| 66 km or 41 mi | Pyeongtaek | |
| 69 km or 43 mi | Anseong | |
| 72 km or 45 mi | Chuncheon | |
| 83 km or 52 mi | Dangjin | |
| 86 km or 53 mi | Wonju | |
| 87 km or 54 mi | Cheonan | |
| 101 km or 63 mi | Seosan | |
| 107 km or 66 mi | Chungju | |
| 114 km or 71 mi | Cheongju | |
| 118 km or 73 mi | Jecheon | |
| 123 km or 77 mi | Haeju | |
| 124 km or 77 mi | Sejong |