Panama City vs Singapore City - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Singapore City
🚶 Cost of living one person	$1479	$3059
👨‍👩‍👧‍👦 Cost of living Family	$3609	$6994
🏠 One person rent	$846	$2104
🏘️ Family rent	$1592	$3885
🍽️ Food expenses	$440	$549
🚐 Transport expenses	$83	$266
💳 Monthly salary after tax	$967	$4040
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	14 km
🎓 Higher education	42	89
😀 Quality of life	67	97
🏙️ Population	881K	5.87M

The cost of living in Panama City is 52% less expensive than in Singapore City. Cities ranked 3517th and 129th ($1479 vs $3059) in the list of the most expensive cities in the world and ranked 1st and 1st in Panama and Singapore, respectively. Check Panama vs Singapore comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.3 months in Singapore City. Panama City ranked 1st best city to live in Panama vs Singapore City ranked 1st in Singapore, while ranked 3734th and 11th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama City vs Singapore City infographic

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Prices in Panama City vs Singapore City

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

	Panama City	Singapore City
Eating Out
🍱 Lunch Menu	$10.4	$9.85
🥂 Dinner in a Restaurant, for 2	$48.5	$64
🥪 Fast food meal, equiv. McDonald's	$8.06	$7.63
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$7.6
☕ Cappuccino	$3.99	$4.88
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$1.61
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$2532
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$1834
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$5168
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$3336
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$97
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$149
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$33.8
🏦 Mortgage Interest Rate for 20 Years	6.28%	3.3%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$22055
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$7662
Transportation
🚌 Local transport ticket	$0.42	$1.49
🎟️ Monthly ticket local transport	$23.2	$82.5
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$16.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$2.11
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$3.08
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$2.15
🍚 Rice, 1 kg or 2.2 lb	$2.33	$2.49
🥚 Eggs, x12	$2.77	$3.39
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$17.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$10.8
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$20.9
🍏 Apples, 1 kg or 2.2 lb	$3.44	$4.3
🍌 Banana, 1 kg or 2.2 lb	$1.58	$3.03
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$4.14
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$3.05
🥔 Potato, 1 kg or 2.2 lb	$2.23	$2.45
🧅 Onion, 1 kg or 2.2 lb	$2.8	$2.14
🌊 Water, 1 L or 1 qt	$1.07	$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$2.05
🍾 Wine (mid-priced), 750 mL bottle	$10	$24.1
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$3.91
🚬 Cigarette pack	$5.98	$12.2
💊 Cold medicince, 1 week	$11.7	$11.5
🧴 Hair Shampoo	$7.94	$7.05
🧻 Toilet paper, 4 rolls	$3.37	$2.66
👄 Toothpaste, 1 tube	$3.71	$4.2
Other
🏋️ Gym Membership, 1 month	$45.3	$107
🎫 Cinema Ticket, 1 person	$7.22	$11
👩‍⚕️ Doctor's visit	$54.5	$51.6
💇 Haircut, simple	$12.9	$19.1
👖 Brand Jeans	$56.8	$74
👟 Brand Sneakers	$93.2	$101
👶 Daycare or Preschool, 1 month	$477	$1115
🏫 International Primary School, 1 year	$13616	$27780

Cost of living in other countries

Cost of living

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 Singapore City

Distance	City	Cost of living
3.3 km or 2.1 mi	Bukit Merah	$2788
18 km or 11 mi	Johor Bahru	$759
35 km or 22 mi	Batam	$539
84 km or 52 mi	Tanjung Pinang	$506
98 km or 61 mi	Kluang	$679
114 km or 71 mi	Batu Pahat	$703
161 km or 100 mi	Muar	$682
199 km or 123 mi	Malacca	$669
261 km or 162 mi	Seremban	$604
264 km or 164 mi	Dumai	$543
275 km or 171 mi	Pekanbaru	$542
285 km or 177 mi	Kuantan	$529
296 km or 184 mi	Putrajaya	$532
299 km or 186 mi	Cyberjaya	$585
311 km or 193 mi	Kuala Lumpur	$810
314 km or 195 mi	Subang Jaya	$714
316 km or 196 mi	Petaling Jaya	$701
321 km or 199 mi	Shah Alam	$645
322 km or 200 mi	Jambi	$458
325 km or 202 mi	Klang	$670
328 km or 204 mi	Chukai	$565
434 km or 269 mi	Teluk Intan	$631
454 km or 282 mi	Kuala Terengganu	$501
457 km or 284 mi	Padang	$883
476 km or 296 mi	Ipoh	$628
482 km or 299 mi	Tanjungbalai	$503
488 km or 303 mi	Palembang	$395
504 km or 313 mi	Padangsidempuan	$582
521 km or 324 mi	Taiping	$695
522 km or 324 mi	Lubuklinggau	$466
528 km or 328 mi	Prabumulih	$417
558 km or 347 mi	Pematangsiantar	$486
562 km or 349 mi	Tebing Tinggi	$474
564 km or 351 mi	Kota Bharu	$485
578 km or 359 mi	Singkawang	$430
592 km or 368 mi	Bengkulu	$500
594 km or 369 mi	Butterworth	$619
595 km or 370 mi	Pagar Alam	$458
598 km or 372 mi	George Town	$620
608 km or 378 mi	Sungai Petani	$605