Panama City vs Tegucigalpa - Cost of Living Comparison

Updated:

Livingcost

Panama City Tegucigalpa
🚶 Cost of living one person
$1590
$909
👨‍👩‍👧‍👦 Cost of living Family
$3556
$2198
🏠 One person rent
$946
$394
🏘️ Family rent
$1545
$672
🍽️ Food expenses
$439
$309
🚐 Transport expenses
$100
$120
💳 Monthly salary after tax
$973
$244
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
4 km
🎓 Higher education
42
38
😀 Quality of life
71
34
🏙️ Population
1.54M
1.06M

The cost of living in Panama City is 75% more expensive than in Tegucigalpa. Cities ranked 3634th and 6209th ($1590 vs $909) in the list of the most expensive cities in the world and ranked 1st and 2nd in Panama and Honduras, respectively. Check Panama vs Honduras comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 0.3 months in Tegucigalpa. Panama City ranked 1st best city to live in Panama vs Tegucigalpa ranked 2nd in Honduras, while ranked 3213th and 8596th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this picture

Prices in Panama City vs Tegucigalpa

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

Panama City Tegucigalpa
Eating Out
🍱 Lunch Menu
$9.69
$7.34
🥂 Dinner in a Restaurant, for 2
$45.4
$24.8
🥪 Fast food meal, equiv. McDonald's
$8.03
$7.96
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$1.42
☕ Cappuccino
$4.3
$2.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$1.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$396
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$284
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$712
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$517
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$51.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$79.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$35.9
🏦 Mortgage Interest Rate for 20 Years
6.27%
12.1%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$718
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$739
Transportation
🚌 Local transport ticket
$0.35
$1.29
🎟️ Monthly ticket local transport
$22.5
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$20.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.21
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.44
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$1.81
🍚 Rice, 1 kg or 2.2 lb
$2.34
$1.39
🥚 Eggs, x12
$3.11
$1.86
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$7.06
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$5.02
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$8.96
🍏 Apples, 1 kg or 2.2 lb
$3.56
$3.33
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.39
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$1.3
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$1.67
🥔 Potato, 1 kg or 2.2 lb
$2.62
$1.93
🧅 Onion, 1 kg or 2.2 lb
$3.19
$0.87
🌊 Water, 1 L or 1 qt
$1.24
$0.81
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$1.77
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$10.5
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$1.41
🚬 Cigarette pack
$5.95
$2.73
💊 Cold medicince, 1 week
$8.08
$6.91
🧴 Hair Shampoo
$7.95
$5.65
🧻 Toilet paper, 4 rolls
$2.92
$2.72
👄 Toothpaste, 1 tube
$3.05
$2.48
Other
🏋️ Gym Membership, 1 month
$41.9
$35.3
🎫 Cinema Ticket, 1 person
$7.52
$5.28
👩‍⚕️ Doctor's visit
$42.9
$35.1
💇 Haircut, simple
$14.5
$5.64
👖 Brand Jeans
$58.4
$45
👟 Brand Sneakers
$90.7
$108
👶 Daycare or Preschool, 1 month
$505
$210
🏫 International Primary School, 1 year
$11486
$3521

Cost of living in other countries

Cost of living

More cities to compare

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 Tegucigalpa

Distance City Cost of living
63 km or 39 mi Comayagua
$678
116 km or 72 mi Yoro
$756
125 km or 78 mi San Miguel
$1132
146 km or 90 mi Esteli
$716
158 km or 98 mi Usulutan
$1123
159 km or 99 mi El Progreso
$832
161 km or 100 mi Villanueva
$860
164 km or 102 mi Chinandega
$791
167 km or 104 mi La Lima
$854
172 km or 107 mi Jinotega
$503
180 km or 112 mi San Pedro Sula
$1004
188 km or 117 mi Leon
$759
191 km or 119 mi Choloma
$681
191 km or 119 mi Matagalpa
$665
193 km or 120 mi La Ceiba
$619
214 km or 133 mi Puerto Cortes
$767
215 km or 133 mi Soyapango
$1261
216 km or 134 mi Apopa
$1231
219 km or 136 mi San Salvador
$1291
220 km or 137 mi Mejicanos
$1254
230 km or 143 mi Santa Tecla
$1183
239 km or 148 mi Managua
$788
251 km or 156 mi Santa Ana
$770
265 km or 165 mi Masaya
$817
274 km or 170 mi Sonsonate
$905
276 km or 172 mi Granada
$706
285 km or 177 mi Ahuachapan
$1476
297 km or 185 mi Juigalpa
$796
306 km or 190 mi Jalapa
$1130
348 km or 216 mi San Juan del Sur
$844
362 km or 225 mi Guatemala City
$1204
364 km or 226 mi San Miguel Petapa
$1127
372 km or 231 mi Mixco
$790
373 km or 232 mi Coban
$935
389 km or 242 mi Belmopan
$1008
393 km or 244 mi Belize City
$941
395 km or 245 mi San Ignacio
$1049
415 km or 258 mi Caye Caulker
$1574
426 km or 265 mi Flores
$1014
430 km or 267 mi Liberia
$1024