Panama City vs Tampa - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Tampa
🚶 Cost of living one person	$1479	$2560
👨‍👩‍👧‍👦 Cost of living Family	$3609	$6044
🏠 One person rent	$846	$1641
🏘️ Family rent	$1592	$3059
🍽️ Food expenses	$440	$671
🚐 Transport expenses	$83	$91.7
💳 Monthly salary after tax	$967	$4880
😷 Air quality	Good	Excellent
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	68
😀 Quality of life	67	89
🏙️ Population	881K	385K

The cost of living in Panama City is 42% less expensive than in Tampa. Cities ranked 3517th and 718th ($1479 vs $2560) in the list of the most expensive cities in the world and ranked 1st and 664th 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 0.7 months in Panama City compared to 1.9 months in Tampa. Panama City ranked 1st best city to live in Panama vs Tampa ranked 41st in the United States, while ranked 3734th and 174th 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 Tampa infographic

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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	$10.4	$20.2
🥂 Dinner in a Restaurant, for 2	$48.5	$80.2
🥪 Fast food meal, equiv. McDonald's	$8.06	$11.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$6.28
☕ Cappuccino	$3.99	$4.97
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$2.6
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$1745
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$1342
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$3421
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$2594
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$148
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$229
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$70.3
🏦 Mortgage Interest Rate for 20 Years	6.28%	6.53%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$3843
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$2418
Transportation
🚌 Local transport ticket	$0.42	$2.02
🎟️ Monthly ticket local transport	$23.2	$65.9
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$14.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$0.91
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.17
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$3.93
🍚 Rice, 1 kg or 2.2 lb	$2.33	$5.07
🥚 Eggs, x12	$2.77	$4.51
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$18.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$11.7
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$16.8
🍏 Apples, 1 kg or 2.2 lb	$3.44	$6.54
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.69
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$4.99
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$5.01
🥔 Potato, 1 kg or 2.2 lb	$2.23	$3.86
🧅 Onion, 1 kg or 2.2 lb	$2.8	$3.15
🌊 Water, 1 L or 1 qt	$1.07	$1.71
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$2.54
🍾 Wine (mid-priced), 750 mL bottle	$10	$14.9
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$2.38
🚬 Cigarette pack	$5.98	$8.01
💊 Cold medicince, 1 week	$11.7	$9.27
🧴 Hair Shampoo	$7.94	$5.54
🧻 Toilet paper, 4 rolls	$3.37	$3.61
👄 Toothpaste, 1 tube	$3.71	$1.69
Other
🏋️ Gym Membership, 1 month	$45.3	$35.2
🎫 Cinema Ticket, 1 person	$7.22	$16
👩‍⚕️ Doctor's visit	$54.5	$101
💇 Haircut, simple	$12.9	$20.7
👖 Brand Jeans	$56.8	$55.5
👟 Brand Sneakers	$93.2	$97.9
👶 Daycare or Preschool, 1 month	$477	$1387
🏫 International Primary School, 1 year	$13616	$14045

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 Tampa

Distance	City	Cost of living
6.5 km or 4 mi	Egypt Lake-Leto	$2429
9 km or 5.6 mi	East Lake-Orient Park	$2413
9.7 km or 6 mi	Palm River-Clair Mel	$2419
10 km or 6.4 mi	Temple Terrace	$2402
11 km or 7 mi	University	$2401
27 km or 17 mi	Pinellas Park	$2123
28 km or 17 mi	St. Petersburg	$2605
29 km or 18 mi	Clearwater	$2618
31 km or 19 mi	Dunedin	$2436
32 km or 20 mi	Largo	$2079
33 km or 20 mi	Plant	$2328
34 km or 21 mi	Tarpon Springs	$2373
41 km or 25 mi	Zephyrhills	$2104
50 km or 31 mi	Lakeland	$2467
55 km or 34 mi	Bradenton	$2458
65 km or 41 mi	Brooksville	$2280
71 km or 44 mi	Sarasota	$2811
74 km or 46 mi	Winter Haven	$2038
84 km or 52 mi	Haines	$2194
95 km or 59 mi	Clermont	$2316
97 km or 60 mi	Venice	$2732
105 km or 65 mi	North Port	$2516
108 km or 67 mi	Winter Garden	$2366
109 km or 68 mi	Leesburg	$2269
110 km or 68 mi	Kissimmee	$2295
113 km or 70 mi	Ocoee	$2392
113 km or 71 mi	Sebring	$1748
119 km or 74 mi	St. Cloud	$2289
122 km or 76 mi	Apopka	$2371
123 km or 76 mi	Orlando	$2576
124 km or 77 mi	Eustis	$2286
130 km or 81 mi	Winter Park	$2440
130 km or 81 mi	Altamonte Springs	$2384
136 km or 84 mi	Casselberry	$2373
139 km or 86 mi	Ocala	$1957
141 km or 88 mi	Winter Springs	$2336
146 km or 91 mi	Oviedo	$2336
148 km or 92 mi	Sanford	$2294
156 km or 97 mi	Cape Coral	$2363
161 km or 100 mi	Deltona	$2265