Panama City vs Tegucigalpa - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Tegucigalpa
🚶 Cost of living one person	$1479	$863
👨‍👩‍👧‍👦 Cost of living Family	$3609	$2160
🏠 One person rent	$846	$329
🏘️ Family rent	$1592	$555
🍽️ Food expenses	$440	$314
🚐 Transport expenses	$83	$141
💳 Monthly salary after tax	$967	$532
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	4 km
🎓 Higher education	42	36
😀 Quality of life	67	26
🏙️ Population	881K	1.16M

The cost of living in Panama City is 71% more expensive than in Tegucigalpa. Cities ranked 3517th and 6216th ($1479 vs $863) 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 3734th and 8484th 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!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/panama-city/tegucigalpa.jpg" alt="Cost of living in Panama City vs Tegucigalpa infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/panama-city/tegucigalpa" target="_blank">Panama City vs Tegucigalpa - Cost of Living Comparison</a></p>

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	$10.4	$6.91
🥂 Dinner in a Restaurant, for 2	$48.5	$26.6
🥪 Fast food meal, equiv. McDonald's	$8.06	$7.13
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$1.51
☕ Cappuccino	$3.99	$2.49
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$0.86
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$304
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$232
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$656
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$398
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$43.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$66.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$38.7
🏦 Mortgage Interest Rate for 20 Years	6.28%	12.03%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$526
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$546
Transportation
🚌 Local transport ticket	$0.42	$1.56
🎟️ Monthly ticket local transport	$23.2	$27.8
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$24.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.07
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.58
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$1.78
🍚 Rice, 1 kg or 2.2 lb	$2.33	$1.29
🥚 Eggs, x12	$2.77	$2.4
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$6.43
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$4.07
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$8.04
🍏 Apples, 1 kg or 2.2 lb	$3.44	$3.17
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.48
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$1.48
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.55
🥔 Potato, 1 kg or 2.2 lb	$2.23	$1.58
🧅 Onion, 1 kg or 2.2 lb	$2.8	$1.39
🌊 Water, 1 L or 1 qt	$1.07	$1.12
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$1.8
🍾 Wine (mid-priced), 750 mL bottle	$10	$10.2
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$1.25
🚬 Cigarette pack	$5.98	$2.47
💊 Cold medicince, 1 week	$11.7	$10.4
🧴 Hair Shampoo	$7.94	$4.97
🧻 Toilet paper, 4 rolls	$3.37	$3.14
👄 Toothpaste, 1 tube	$3.71	$2.14
Other
🏋️ Gym Membership, 1 month	$45.3	$33.7
🎫 Cinema Ticket, 1 person	$7.22	$5.57
👩‍⚕️ Doctor's visit	$54.5	$28.9
💇 Haircut, simple	$12.9	$4.77
👖 Brand Jeans	$56.8	$42.1
👟 Brand Sneakers	$93.2	$102
👶 Daycare or Preschool, 1 month	$477	$255
🏫 International Primary School, 1 year	$13616	$3648

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 Tegucigalpa

Distance	City	Cost of living
63 km or 39 mi	Comayagua	$753
116 km or 72 mi	Yoro	$755
125 km or 78 mi	San Miguel	$1088
146 km or 90 mi	Esteli	$598
158 km or 98 mi	Usulutan	$1083
159 km or 99 mi	El Progreso	$903
161 km or 100 mi	Villanueva	$897
164 km or 102 mi	Chinandega	$638
167 km or 104 mi	La Lima	$897
172 km or 107 mi	Jinotega	$455
180 km or 112 mi	San Pedro Sula	$1047
188 km or 117 mi	Leon	$632
191 km or 119 mi	Choloma	$719
191 km or 119 mi	Matagalpa	$624
193 km or 120 mi	La Ceiba	$626
214 km or 133 mi	Puerto Cortes	$788
215 km or 133 mi	Soyapango	$1182
216 km or 134 mi	Apopa	$1160
219 km or 136 mi	San Salvador	$1204
220 km or 137 mi	Mejicanos	$1175
230 km or 143 mi	Santa Tecla	$1194
239 km or 148 mi	Managua	$738
251 km or 156 mi	Santa Ana	$698
265 km or 165 mi	Masaya	$710
274 km or 170 mi	Sonsonate	$884
276 km or 172 mi	Granada	$701
285 km or 177 mi	Ahuachapan	$1449
297 km or 185 mi	Juigalpa	$666
306 km or 190 mi	Jalapa	$936
348 km or 216 mi	San Juan del Sur	$839
362 km or 225 mi	Guatemala City	$1070
364 km or 226 mi	San Miguel Petapa	$941
372 km or 231 mi	Mixco	$653
373 km or 232 mi	Coban	$916
389 km or 242 mi	Belmopan	$973
393 km or 244 mi	Belize City	$883
395 km or 245 mi	San Ignacio	$1034
415 km or 258 mi	Caye Caulker	$1581
426 km or 265 mi	Flores	$878
430 km or 267 mi	Liberia	$932