Panama City vs Tulsa - Cost of Living Comparison

Updated: October 14, 2025

	Panama City	Tulsa
🚶 Cost of living one person	$1560	$1893
👨‍👩‍👧‍👦 Cost of living Family	$3547	$4591
🏠 One person rent	$943	$1056
🏘️ Family rent	$1558	$1767
🍽️ Food expenses	$429	$599
🚐 Transport expenses	$78.4	$72.2
💳 Monthly salary after tax	$982	$3474
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	9 km
🎓 Higher education	43	53
😀 Quality of life	71	87
🏙️ Population	410K	413K

The cost of living in Panama City is 18% less expensive than in Tulsa. Cities ranked 3737th and 2341st ($1560 vs $1893) in the list of the most expensive cities in the world and ranked 1st and 1819th in Panama and the United States, respectively. Check Panama vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.8 months in Tulsa. Panama City ranked 1st best city to live in Panama vs Tulsa ranked 113th in the United States, while ranked 3765th and 354th 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 Tulsa infographic

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Prices in Panama City vs Tulsa

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

	Panama City	Tulsa
Eating Out
🍱 Lunch Menu	$10.6	$18.5
🥂 Dinner in a Restaurant, for 2	$45.7	$72.3
🥪 Fast food meal, equiv. McDonald's	$8.08	$10.1
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$4.99
☕ Cappuccino	$4.03	$5.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.69	$2.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1015	$994
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$759	$826
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1675	$1659
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1306	$1458
🔌 Utility Bill one person, electricity, heating, water, etc.	$86.4	$135
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$133	$207
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.5	$61.8
🏦 Mortgage Interest Rate for 20 Years	6.41%	6.46%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2662	$1858
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1618	$1667
Transportation
🚌 Local transport ticket	$0.35	$1.77
🎟️ Monthly ticket local transport	$23.2	$45
🚕 Taxi Ride, 8 km or 5 mi	$20.5	$11.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.97	$0.76
Groceries
🥛 Milk, 1 L or 1 qt	$1.79	$1.08
🍞 Bread, 0.5 kg or 1.1 lb	$2.25	$3.56
🍚 Rice, 1 kg or 2.2 lb	$2.11	$5.67
🥚 Eggs, x12	$3.17	$4.07
🧀 Cheese, 1 kg or 2.2 lb	$11.7	$15.3
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.81	$11.6
🥩 Round Steak, 1 kg or 2.2 lb	$9.86	$15.8
🍏 Apples, 1 kg or 2.2 lb	$3.27	$4.36
🍌 Banana, 1 kg or 2.2 lb	$1.52	$1.63
🍊 Oranges, 1 kg or 2.2 lb	$3.27	$5.12
🍅 Tomato, 1 kg or 2.2 lb	$3.05	$3.79
🥔 Potato, 1 kg or 2.2 lb	$2.34	$2.75
🧅 Onion, 1 kg or 2.2 lb	$3.26	$2.72
🌊 Water, 1 L or 1 qt	$1.05	$1.51
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.44	$2.63
🍾 Wine (mid-priced), 750 mL bottle	$11.2	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$1.38	$1.96
🚬 Cigarette pack	$5.92	$10.6
💊 Cold medicince, 1 week	$8.17	$6
🧴 Hair Shampoo	$8.06	$3.2
🧻 Toilet paper, 4 rolls	$2.98	$2.48
👄 Toothpaste, 1 tube	$3.05	$1.98
Other
🏋️ Gym Membership, 1 month	$42.6	$44.9
🎫 Cinema Ticket, 1 person	$7.32	$15.1
👩‍⚕️ Doctor's visit	$58.4	$99.9
💇 Haircut, simple	$14.3	$19.3
👖 Brand Jeans	$54	$61.1
👟 Brand Sneakers	$91.3	$128
👶 Daycare or Preschool, 1 month	$477	$1175
🏫 International Primary School, 1 year	$15637	$25148

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	$1400
16 km or 9.9 mi	Tocumen	$1377
26 km or 16 mi	Pacora	$1371
34 km or 21 mi	La Chorrera	$981
59 km or 37 mi	Colon	$1188
108 km or 67 mi	Penonome	$1150
154 km or 96 mi	Chitre	$1150
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$721
329 km or 204 mi	David	$925
398 km or 247 mi	Monteria	$663
403 km or 250 mi	Limon	$1288
406 km or 252 mi	Santa Cruz de Lorica	$715
452 km or 281 mi	Sincelejo	$547
463 km or 288 mi	Cartagena	$1105
483 km or 300 mi	Quibdo	$708
494 km or 307 mi	Cartago	$1241
513 km or 319 mi	San Jose	$1398
518 km or 322 mi	Heredia	$1335
521 km or 324 mi	Magangue	$667
526 km or 327 mi	Bello	$881
529 km or 329 mi	Alajuela	$1303
530 km or 329 mi	Medellin	$1030
534 km or 332 mi	Envigado	$950
558 km or 347 mi	Soledad	$883
559 km or 348 mi	Barranquilla	$843
595 km or 370 mi	Puntarenas	$821
617 km or 383 mi	Cartago	$679
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$678
627 km or 390 mi	Santa Teresa	$1236
627 km or 390 mi	Pereira	$730
631 km or 392 mi	Santa Marta	$929
632 km or 393 mi	Buenaventura	$782
636 km or 395 mi	Minca	$847
651 km or 404 mi	Salento	$655
652 km or 405 mi	Armenia	$667
657 km or 408 mi	Tulua	$511
658 km or 409 mi	Barrancabermeja	$1082
675 km or 419 mi	Liberia	$953

Cities near Tulsa

Distance	City	Cost of living
17 km or 11 mi	Broken Arrow	$1896
20 km or 12 mi	Bixby	$1886
20 km or 13 mi	Owasso	$1810
21 km or 13 mi	Sapulpa	$1898
36 km or 22 mi	Claremore	$1838
67 km or 41 mi	Muskogee	$1637
69 km or 43 mi	Bartlesville	$1852
102 km or 63 mi	Stillwater	$1755
120 km or 75 mi	Ponca	$1659
126 km or 78 mi	Siloam Springs	$2025
126 km or 78 mi	Shawnee	$1854
146 km or 91 mi	Edmond	$1620
150 km or 93 mi	Midwest	$1879
154 km or 96 mi	Bella Vista	$2122
156 km or 97 mi	Del	$1896
157 km or 97 mi	Bentonville	$2218
160 km or 99 mi	Fayetteville	$1945
161 km or 100 mi	Springdale	$2016
161 km or 100 mi	Oklahoma City	$1872
163 km or 101 mi	Van Buren	$1808
163 km or 101 mi	Rogers	$1805
165 km or 103 mi	Joplin	$1848
166 km or 103 mi	Fort Smith	$1589
167 km or 104 mi	Moore	$1959
168 km or 104 mi	Norman	$1985
177 km or 110 mi	Enid	$1821
178 km or 110 mi	Yukon	$1831
180 km or 112 mi	Pittsburg	$1909
181 km or 112 mi	Mustang	$1883
197 km or 122 mi	Derby	$1855
213 km or 132 mi	Wichita	$1811
242 km or 151 mi	Ardmore	$1881
247 km or 153 mi	Branson	$1529
247 km or 153 mi	Newton	$1729
254 km or 158 mi	Emporia	$1368
256 km or 159 mi	Duncan	$1832
257 km or 159 mi	Nixa	$1522
264 km or 164 mi	Springfield	$1280
270 km or 168 mi	Russellville	$1397
271 km or 168 mi	Denison	$2263