Panama City vs Tegucigalpa - Cost of Living Comparison

Updated:

Livingcost

Panama City Tegucigalpa
🚶 Cost of living one person
$1583
$863
👨‍👩‍👧‍👦 Cost of living Family
$3567
$2132
🏠 One person rent
$976
$347
🏘️ Family rent
$1633
$589
🍽️ Food expenses
$432
$296
🚐 Transport expenses
$69.1
$132
💳 Monthly salary after tax
$936
$392
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
4 km
🎓 Higher education
42
38
😀 Quality of life
69
33
🏙️ Population
410K
1.06M

The cost of living in Panama City is 84% more expensive than in Tegucigalpa. Cities ranked 3744th and 6520th ($1583 vs $863) 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 0.5 months in Tegucigalpa. Panama City ranked 1st best city to live in Panama vs Tegucigalpa ranked 2nd in Honduras, while ranked 4400th and 8669th among best cities to live in the world.

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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
$10.6
$6.6
🥂 Dinner in a Restaurant, for 2
$45.3
$26.2
🥪 Fast food meal, equiv. McDonald's
$7.39
$7.55
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$1.23
☕ Cappuccino
$3.94
$2.53
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$1.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$344
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$247
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$618
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$451
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$44.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$69.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$35.9
🏦 Mortgage Interest Rate for 20 Years
6.26%
12.04%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$628
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$642
Transportation
🚌 Local transport ticket
$0.35
$1.52
🎟️ Monthly ticket local transport
$22.2
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$23.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$1.41
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.58
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.25
🥚 Eggs, x12
$3.26
$2.06
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$6.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$4.33
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$8.27
🍏 Apples, 1 kg or 2.2 lb
$3.53
$3
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.48
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$1.13
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$1.46
🥔 Potato, 1 kg or 2.2 lb
$2.46
$1.8
🧅 Onion, 1 kg or 2.2 lb
$3.74
$0.76
🌊 Water, 1 L or 1 qt
$1.16
$0.96
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$1.77
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$10.9
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$1.29
🚬 Cigarette pack
$6.04
$2.42
💊 Cold medicince, 1 week
$8.16
$6.95
🧴 Hair Shampoo
$8.03
$5.69
🧻 Toilet paper, 4 rolls
$2.96
$2.76
👄 Toothpaste, 1 tube
$3.04
$2.52
Other
🏋️ Gym Membership, 1 month
$42.8
$35
🎫 Cinema Ticket, 1 person
$7.3
$5.08
👩‍⚕️ Doctor's visit
$50.2
$35
💇 Haircut, simple
$14.5
$5.6
👖 Brand Jeans
$53.6
$49.3
👟 Brand Sneakers
$91.3
$107
👶 Daycare or Preschool, 1 month
$503
$245
🏫 International Primary School, 1 year
$13402
$3557

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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 Tegucigalpa

Distance City Cost of living
63 km or 39 mi Comayagua
$705
116 km or 72 mi Yoro
$737
125 km or 78 mi San Miguel
$1120
146 km or 90 mi Esteli
$687
158 km or 98 mi Usulutan
$1109
159 km or 99 mi El Progreso
$804
161 km or 100 mi Villanueva
$823
164 km or 102 mi Chinandega
$787
167 km or 104 mi La Lima
$815
172 km or 107 mi Jinotega
$470
180 km or 112 mi San Pedro Sula
$1015
188 km or 117 mi Leon
$754
191 km or 119 mi Choloma
$668
191 km or 119 mi Matagalpa
$679
193 km or 120 mi La Ceiba
$626
214 km or 133 mi Puerto Cortes
$739
215 km or 133 mi Soyapango
$1246
216 km or 134 mi Apopa
$1221
219 km or 136 mi San Salvador
$1274
220 km or 137 mi Mejicanos
$1237
230 km or 143 mi Santa Tecla
$1178
239 km or 148 mi Managua
$796
251 km or 156 mi Santa Ana
$734
265 km or 165 mi Masaya
$812
274 km or 170 mi Sonsonate
$897
276 km or 172 mi Granada
$699
285 km or 177 mi Ahuachapan
$1470
297 km or 185 mi Juigalpa
$782
306 km or 190 mi Jalapa
$1062
348 km or 216 mi San Juan del Sur
$840
362 km or 225 mi Guatemala City
$1168
364 km or 226 mi San Miguel Petapa
$1065
372 km or 231 mi Mixco
$720
373 km or 232 mi Coban
$936
389 km or 242 mi Belmopan
$1007
393 km or 244 mi Belize City
$938
395 km or 245 mi San Ignacio
$1054
415 km or 258 mi Caye Caulker
$1574
426 km or 265 mi Flores
$990
430 km or 267 mi Liberia
$957