Panama City vs Tegucigalpa - Cost of Living Comparison

Updated:

Livingcost

Panama City Tegucigalpa
🚶 Cost of living one person
$1384
$829
👨‍👩‍👧‍👦 Cost of living Family
$3435
$2265
🏠 One person rent
$751
$301
🏘️ Family rent
$1474
$682
🍽️ Food expenses
$444
$302
🚐 Transport expenses
$84.4
$142
💳 Monthly salary after tax
$914
$495
😷 Air quality
Good
Moderate
✈️ Airport proximity
7 km
4 km
🎓 Higher education
42
37
😀 Quality of life
66
25
🏙️ Population
881K
1.16M

The cost of living in Panama City is 67% more expensive than in Tegucigalpa. Cities ranked 4139th and 6334th ($1384 vs $829) in the list of the most expensive cities in the world and ranked 1st and 5th in Panama and Honduras, respectively. Check Panama vs Honduras comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 0.6 months in Tegucigalpa. Panama City ranked 1st best city to live in Panama vs Tegucigalpa ranked 2nd in Honduras, while ranked 3919th and 8574th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama City vs Tegucigalpa infographic

Share this infographic!

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
$12.3
$7.11
🥂 Dinner in a Restaurant, for 2
$55.2
$20.4
🥪 Fast food meal, equiv. McDonald's
$7.6
$7.26
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.94
$1.74
☕ Cappuccino
$4.25
$2.41
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$0.81
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$827
$274
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$577
$214
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1757
$769
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1198
$541
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.7
$37.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$118
$58.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.4
$37.7
🏦 Mortgage Interest Rate for 20 Years
6.12%
11.57%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2406
$1696
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1535
$1411
Transportation
🚌 Local transport ticket
$0.35
$1.03
🎟️ Monthly ticket local transport
$26.2
$28.7
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$24.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.16
Groceries
🥛 Milk, 1 L or 1 qt
$1.78
$1.63
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$1.91
🍚 Rice, 1 kg or 2.2 lb
$2.08
$1.37
🥚 Eggs, x12
$2.67
$2.53
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$6.43
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.23
$4.11
🥩 Round Steak, 1 kg or 2.2 lb
$10.4
$8.14
🍏 Apples, 1 kg or 2.2 lb
$3.11
$3.19
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$3.09
$1.49
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$1.56
🥔 Potato, 1 kg or 2.2 lb
$2.19
$1.75
🧅 Onion, 1 kg or 2.2 lb
$2.5
$1.41
🌊 Water, 1 L or 1 qt
$1
$1.15
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$1.87
🍾 Wine (mid-priced), 750 mL bottle
$9.03
$11
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.29
🚬 Cigarette pack
$5.89
$2.53
💊 Cold medicince, 1 week
$10.5
$6.92
🧴 Hair Shampoo
$6.97
$4.24
🧻 Toilet paper, 4 rolls
$3.12
$2.81
👄 Toothpaste, 1 tube
$3.06
$1.94
Other
🏋️ Gym Membership, 1 month
$43.8
$45.6
🎫 Cinema Ticket, 1 person
$6.71
$5.63
👩‍⚕️ Doctor's visit
$49.1
$28.7
💇 Haircut, simple
$13.7
$4.76
👖 Brand Jeans
$54.3
$43.3
👟 Brand Sneakers
$90.2
$104
👶 Daycare or Preschool, 1 month
$437
$296
🏫 International Primary School, 1 year
$9531
$4361

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
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898

Cities near Tegucigalpa

Distance City Cost of living
63 km or 39 mi Comayagua
$715
116 km or 72 mi Yoro
$734
125 km or 78 mi San Miguel
$1081
146 km or 90 mi Esteli
$593
158 km or 98 mi Usulutan
$1088
159 km or 99 mi El Progreso
$883
161 km or 100 mi Villanueva
$866
164 km or 102 mi Chinandega
$638
167 km or 104 mi La Lima
$870
172 km or 107 mi Jinotega
$457
180 km or 112 mi San Pedro Sula
$1038
188 km or 117 mi Leon
$639
191 km or 119 mi Choloma
$599
191 km or 119 mi Matagalpa
$550
193 km or 120 mi La Ceiba
$650
214 km or 133 mi Puerto Cortes
$720
215 km or 133 mi Soyapango
$1173
216 km or 134 mi Apopa
$1145
219 km or 136 mi San Salvador
$1192
220 km or 137 mi Mejicanos
$1161
230 km or 143 mi Santa Tecla
$1202
239 km or 148 mi Managua
$774
251 km or 156 mi Santa Ana
$709
265 km or 165 mi Masaya
$712
274 km or 170 mi Sonsonate
$882
276 km or 172 mi Granada
$697
285 km or 177 mi Ahuachapan
$1455
297 km or 185 mi Juigalpa
$664
306 km or 190 mi Jalapa
$904
348 km or 216 mi San Juan del Sur
$890
362 km or 225 mi Guatemala City
$1005
364 km or 226 mi San Miguel Petapa
$900
372 km or 231 mi Mixco
$639
373 km or 232 mi Coban
$912
389 km or 242 mi Belmopan
$729
393 km or 244 mi Belize City
$877
395 km or 245 mi San Ignacio
$1090
415 km or 258 mi Caye Caulker
$1573
426 km or 265 mi Flores
$859
430 km or 267 mi Liberia
$898