Panama City vs Tampa - Cost of Living Comparison

Updated: March 11, 2026

	Panama City	Tampa
🚶 Cost of living one person	$1583	$2608
👨‍👩‍👧‍👦 Cost of living Family	$3567	$5949
🏠 One person rent	$976	$1724
🏘️ Family rent	$1633	$3038
🍽️ Food expenses	$432	$647
🚐 Transport expenses	$69.1	$92.4
💳 Monthly salary after tax	$936	$4485
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	69
😀 Quality of life	69	91
🏙️ Population	410K	385K

The cost of living in Panama City is 39% less expensive than in Tampa. Cities ranked 3744th and 719th ($1583 vs $2608) in the list of the most expensive cities in the world and ranked 1st and 625th 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 32nd in the United States, while ranked 4400th and 151st among best cities to live in the world.

Salary adjustment calculator
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	$10.6	$20
🥂 Dinner in a Restaurant, for 2	$45.3	$80.5
🥪 Fast food meal, equiv. McDonald's	$7.39	$12.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$7.07
☕ Cappuccino	$3.94	$5.72
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.71	$3.16
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1062	$1978
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$794	$1408
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1911	$3555
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1347	$2569
🔌 Utility Bill one person, electricity, heating, water, etc.	$82.5	$132
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$128	$202
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$70.1
🏦 Mortgage Interest Rate for 20 Years	6.26%	6.39%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3048	$3702
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1725	$2291
Transportation
🚌 Local transport ticket	$0.35	$2.01
🎟️ Monthly ticket local transport	$22.2	$67.8
🚕 Taxi Ride, 8 km or 5 mi	$17.4	$14.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.93	$0.84
Groceries
🥛 Milk, 1 L or 1 qt	$1.84	$1.27
🍞 Bread, 0.5 kg or 1.1 lb	$2.23	$4.03
🍚 Rice, 1 kg or 2.2 lb	$2.33	$4.42
🥚 Eggs, x12	$3.26	$4.19
🧀 Cheese, 1 kg or 2.2 lb	$11.2	$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.57	$10.3
🥩 Round Steak, 1 kg or 2.2 lb	$9.64	$17.6
🍏 Apples, 1 kg or 2.2 lb	$3.53	$5.33
🍌 Banana, 1 kg or 2.2 lb	$1.62	$1.81
🍊 Oranges, 1 kg or 2.2 lb	$3.29	$3.62
🍅 Tomato, 1 kg or 2.2 lb	$3.03	$3.98
🥔 Potato, 1 kg or 2.2 lb	$2.46	$2.71
🧅 Onion, 1 kg or 2.2 lb	$3.74	$3
🌊 Water, 1 L or 1 qt	$1.16	$1.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.41	$2.95
🍾 Wine (mid-priced), 750 mL bottle	$11.6	$15.1
🍺 Beer, 0.5 L or 16 fl oz	$1.44	$2.79
🚬 Cigarette pack	$6.04	$7.77
💊 Cold medicince, 1 week	$8.16	$10.5
🧴 Hair Shampoo	$8.03	$5.58
🧻 Toilet paper, 4 rolls	$2.96	$2.99
👄 Toothpaste, 1 tube	$3.04	$1.71
Other
🏋️ Gym Membership, 1 month	$42.8	$40.2
🎫 Cinema Ticket, 1 person	$7.3	$15
👩‍⚕️ Doctor's visit	$50.2	$83.3
💇 Haircut, simple	$14.5	$18.3
👖 Brand Jeans	$53.6	$58.8
👟 Brand Sneakers	$91.3	$94.3
👶 Daycare or Preschool, 1 month	$503	$1389
🏫 International Primary School, 1 year	$13402	$16676

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	$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 Tampa

Distance	City	Cost of living
6.5 km or 4 mi	Egypt Lake-Leto	$2474
9 km or 5.6 mi	East Lake-Orient Park	$2459
9.7 km or 6 mi	Palm River-Clair Mel	$2452
10 km or 6.4 mi	Temple Terrace	$2445
11 km or 7 mi	University	$2421
27 km or 17 mi	Pinellas Park	$2102
28 km or 17 mi	St. Petersburg	$2617
29 km or 18 mi	Clearwater	$2593
31 km or 19 mi	Dunedin	$2452
32 km or 20 mi	Largo	$2187
33 km or 20 mi	Plant	$2337
34 km or 21 mi	Tarpon Springs	$2386
41 km or 25 mi	Zephyrhills	$2146
50 km or 31 mi	Lakeland	$2417
55 km or 34 mi	Bradenton	$2277
65 km or 41 mi	Brooksville	$2293
71 km or 44 mi	Sarasota	$2701
74 km or 46 mi	Winter Haven	$2157
84 km or 52 mi	Haines	$2234
95 km or 59 mi	Clermont	$2313
97 km or 60 mi	Venice	$2658
105 km or 65 mi	North Port	$2463
108 km or 67 mi	Winter Garden	$2352
109 km or 68 mi	Leesburg	$2288
110 km or 68 mi	Kissimmee	$2232
113 km or 70 mi	Ocoee	$2359
113 km or 71 mi	Sebring	$1750
119 km or 74 mi	St. Cloud	$2278
122 km or 76 mi	Apopka	$2356
123 km or 76 mi	Orlando	$2491
124 km or 77 mi	Eustis	$2296
130 km or 81 mi	Winter Park	$2381
130 km or 81 mi	Altamonte Springs	$2364
136 km or 84 mi	Casselberry	$2352
139 km or 86 mi	Ocala	$1979
141 km or 88 mi	Winter Springs	$2333
146 km or 91 mi	Oviedo	$2325
148 km or 92 mi	Sanford	$2320
156 km or 97 mi	Cape Coral	$2279
161 km or 100 mi	Deltona	$2285