Panama City vs Tokyo - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Tokyo
🚶 Cost of living one person	$1384	$1641
👨‍👩‍👧‍👦 Cost of living Family	$3435	$4326
🏠 One person rent	$751	$803
🏘️ Family rent	$1474	$1741
🍽️ Food expenses	$444	$438
🚐 Transport expenses	$84.4	$287
💳 Monthly salary after tax	$914	$2601
😷 Air quality	Good	Excellent
✈️ Airport proximity	7 km	15 km
🎓 Higher education	42	100
😀 Quality of life	66	99
🏙️ Population	881K	14.3M

The cost of living in Panama City is 16% less expensive than in Tokyo. Cities ranked 4139th and 3085th ($1384 vs $1641) in the list of the most expensive cities in the world and ranked 1st and 4th in Panama and Japan, respectively. Check Panama vs Japan comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.6 months in Tokyo. Panama City ranked 1st best city to live in Panama vs Tokyo ranked 1st in Japan, while ranked 3919th and 3rd 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 Tokyo infographic

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Prices in Panama City vs Tokyo

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

	Panama City	Tokyo
Eating Out
🍱 Lunch Menu	$12.3	$6.38
🥂 Dinner in a Restaurant, for 2	$55.2	$44.2
🥪 Fast food meal, equiv. McDonald's	$7.6	$5.64
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$3.79
☕ Cappuccino	$4.25	$3.61
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$1.19
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$1054
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$567
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$2732
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$1247
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$105
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$164
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$33.5
🏦 Mortgage Interest Rate for 20 Years	6.12%	1.86%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$10740
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$5460
Transportation
🚌 Local transport ticket	$0.35	$1.55
🎟️ Monthly ticket local transport	$26.2	$57.3
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$1.25
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.63
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$1.53
🍚 Rice, 1 kg or 2.2 lb	$2.08	$3.08
🥚 Eggs, x12	$2.67	$2.27
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$16.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$7.61
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$22.5
🍏 Apples, 1 kg or 2.2 lb	$3.11	$4.88
🍌 Banana, 1 kg or 2.2 lb	$1.54	$2.6
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$6
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$5.02
🥔 Potato, 1 kg or 2.2 lb	$2.19	$2.85
🧅 Onion, 1 kg or 2.2 lb	$2.5	$2.91
🌊 Water, 1 L or 1 qt	$1	$0.6
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$1.46
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$8.22
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$2.25
🚬 Cigarette pack	$5.89	$4.18
💊 Cold medicince, 1 week	$10.5	$10.4
🧴 Hair Shampoo	$6.97	$3.45
🧻 Toilet paper, 4 rolls	$3.12	$1.47
👄 Toothpaste, 1 tube	$3.06	$1.5
Other
🏋️ Gym Membership, 1 month	$43.8	$66.1
🎫 Cinema Ticket, 1 person	$6.71	$13.5
👩‍⚕️ Doctor's visit	$49.1	$25.9
💇 Haircut, simple	$13.7	$23.1
👖 Brand Jeans	$54.3	$56
👟 Brand Sneakers	$90.2	$66
👶 Daycare or Preschool, 1 month	$437	$574
🏫 International Primary School, 1 year	$9531	$15495

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	$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 Tokyo

Distance	City	Cost of living
12 km or 7.3 mi	Musashino	$1121
12 km or 7.4 mi	Komae	$1112
12 km or 7.5 mi	Mitaka	$1133
13 km or 8 mi	Wako	$1059
13 km or 8.4 mi	Kawaguchi	$1056
14 km or 8.5 mi	Hirai	$1090
14 km or 8.9 mi	Toda	$980
14 km or 8.9 mi	Chofu	$1124
14 km or 9 mi	Nishitokyo	$1113
15 km or 9.3 mi	Asaka	$1038
15 km or 9.4 mi	Warabi	$964
16 km or 10 mi	Niiza	$1061
17 km or 10 mi	Higashikurume	$1079
17 km or 11 mi	Koganei	$1084
18 km or 11 mi	Kawasaki-ku	$1080
18 km or 11 mi	Inagi	$1071
18 km or 11 mi	Soka	$1077
18 km or 11 mi	Kiyose	$1062
19 km or 12 mi	Shiki	$1000
19 km or 12 mi	Kawasaki	$1187
19 km or 12 mi	Urayasu	$1096
20 km or 12 mi	Fuchu	$1106
20 km or 12 mi	Saitama	$1038
20 km or 12 mi	Kodaira	$1095
20 km or 12 mi	Yashio	$1050
21 km or 13 mi	Kokubunji	$1075
21 km or 13 mi	Higashimurayama	$1078
21 km or 13 mi	Miyoshi	$1037
22 km or 14 mi	Ichikawa	$1119
22 km or 14 mi	Matsudo	$1106
23 km or 14 mi	Misato	$1052
23 km or 14 mi	Fujimi	$1016
23 km or 14 mi	Kunitachi	$1073
23 km or 14 mi	Tama	$1057
24 km or 15 mi	Tokorozawa	$1109
24 km or 15 mi	Koshigaya	$1116
25 km or 15 mi	Tachikawa	$1092
25 km or 15 mi	Higashiyamato	$1075
26 km or 16 mi	Yoshikawa	$1060
26 km or 16 mi	Fujimino	$1033