Panama City vs Tampa - Cost of Living Comparison

Updated: June 21, 2026

	Panama City	Tampa
🚶 Cost of living one person	$1590	$2569
👨‍👩‍👧‍👦 Cost of living Family	$3556	$5797
🏠 One person rent	$946	$1704
🏘️ Family rent	$1545	$2895
🍽️ Food expenses	$439	$624
🚐 Transport expenses	$100	$93.9
💳 Monthly salary after tax	$973	$4463
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	69
😀 Quality of life	71	91
🏙️ Population	1.54M	385K

The cost of living in Panama City is 38% less expensive than in Tampa. Cities ranked 3634th and 777th ($1590 vs $2569) in the list of the most expensive cities in the world and ranked 1st and 683rd in Panama and the United States, respectively. Check Panama vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.7 months in Tampa. Panama City ranked 1st best city to live in Panama vs Tampa ranked 31st in the United States, while ranked 3213th and 142nd 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 Tampa

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

	Panama City	Tampa
Eating Out
🍱 Lunch Menu	$9.69	$18.8
🥂 Dinner in a Restaurant, for 2	$45.4	$69.2
🥪 Fast food meal, equiv. McDonald's	$8.03	$12.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$6.65
☕ Cappuccino	$4.3	$5.49
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.82	$3.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1068	$1914
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$747	$1412
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1913	$3372
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1223	$2452
🔌 Utility Bill one person, electricity, heating, water, etc.	$90.4	$123
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$140	$191
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$44.6	$68.3
🏦 Mortgage Interest Rate for 20 Years	6.27%	6.08%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3111	$4277
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1732	$2292
Transportation
🚌 Local transport ticket	$0.35	$2
🎟️ Monthly ticket local transport	$22.5	$64.9
🚕 Taxi Ride, 8 km or 5 mi	$14.7	$15.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.98	$0.93
Groceries
🥛 Milk, 1 L or 1 qt	$1.83	$1.11
🍞 Bread, 0.5 kg or 1.1 lb	$2.17	$3.49
🍚 Rice, 1 kg or 2.2 lb	$2.34	$4.06
🥚 Eggs, x12	$3.11	$3.97
🧀 Cheese, 1 kg or 2.2 lb	$12.1	$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.11	$11.2
🥩 Round Steak, 1 kg or 2.2 lb	$10.6	$18.5
🍏 Apples, 1 kg or 2.2 lb	$3.56	$4.89
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.8
🍊 Oranges, 1 kg or 2.2 lb	$3.7	$3.22
🍅 Tomato, 1 kg or 2.2 lb	$3.36	$3.96
🥔 Potato, 1 kg or 2.2 lb	$2.62	$2.52
🧅 Onion, 1 kg or 2.2 lb	$3.19	$2.94
🌊 Water, 1 L or 1 qt	$1.24	$1.57
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.37	$2.76
🍾 Wine (mid-priced), 750 mL bottle	$12.1	$15.2
🍺 Beer, 0.5 L or 16 fl oz	$1.35	$2.56
🚬 Cigarette pack	$5.95	$8.96
💊 Cold medicince, 1 week	$8.08	$10.4
🧴 Hair Shampoo	$7.95	$6.01
🧻 Toilet paper, 4 rolls	$2.92	$3.11
👄 Toothpaste, 1 tube	$3.05	$1.97
Other
🏋️ Gym Membership, 1 month	$41.9	$41.1
🎫 Cinema Ticket, 1 person	$7.52	$15.8
👩‍⚕️ Doctor's visit	$42.9	$83.8
💇 Haircut, simple	$14.5	$19.4
👖 Brand Jeans	$58.4	$54.8
👟 Brand Sneakers	$90.7	$97.7
👶 Daycare or Preschool, 1 month	$505	$1451
🏫 International Primary School, 1 year	$11486	$19356

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	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024

Cities near Tampa

Distance	City	Cost of living
6.5 km or 4 mi	Egypt Lake-Leto	$2438
9 km or 5.6 mi	East Lake-Orient Park	$2439
9.7 km or 6 mi	Palm River-Clair Mel	$2436
10 km or 6.4 mi	Temple Terrace	$2420
11 km or 7 mi	University	$2408
27 km or 17 mi	Pinellas Park	$2105
28 km or 17 mi	St. Petersburg	$2608
29 km or 18 mi	Clearwater	$2591
31 km or 19 mi	Dunedin	$2447
32 km or 20 mi	Largo	$2178
33 km or 20 mi	Plant	$2407
34 km or 21 mi	Tarpon Springs	$2391
41 km or 25 mi	Zephyrhills	$2158
50 km or 31 mi	Lakeland	$2629
55 km or 34 mi	Bradenton	$2259
65 km or 41 mi	Brooksville	$2318
71 km or 44 mi	Sarasota	$2662
74 km or 46 mi	Winter Haven	$2152
84 km or 52 mi	Haines	$2248
95 km or 59 mi	Clermont	$2352
97 km or 60 mi	Venice	$2564
105 km or 65 mi	North Port	$2438
108 km or 67 mi	Winter Garden	$2378
109 km or 68 mi	Leesburg	$2313
110 km or 68 mi	Kissimmee	$2282
113 km or 70 mi	Ocoee	$2401
113 km or 71 mi	Sebring	$1740
119 km or 74 mi	St. Cloud	$2313
122 km or 76 mi	Apopka	$2362
123 km or 76 mi	Orlando	$2643
124 km or 77 mi	Eustis	$2323
130 km or 81 mi	Winter Park	$2480
130 km or 81 mi	Altamonte Springs	$2401
136 km or 84 mi	Casselberry	$2401
139 km or 86 mi	Ocala	$1991
141 km or 88 mi	Winter Springs	$2372
146 km or 91 mi	Oviedo	$2363
148 km or 92 mi	Sanford	$2345
156 km or 97 mi	Cape Coral	$2285
161 km or 100 mi	Deltona	$2260