Panama City vs Valencia, Spain - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1590
$1812
👨‍👩‍👧‍👦 Cost of living Family
$3556
$4109
🏠 One person rent
$946
$1059
🏘️ Family rent
$1545
$1733
🍽️ Food expenses
$439
$495
🚐 Transport expenses
$100
$121
💳 Monthly salary after tax
$973
$1958
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
9 km
🎓 Higher education
42
76
😀 Quality of life
71
87
🏙️ Population
1.54M
841K

The cost of living in Panama City is 12% less expensive than in Valencia, Spain. Cities ranked 3634th and 2757th ($1590 vs $1812) in the list of the most expensive cities in the world and ranked 1st and 9th in Panama and Spain, respectively. Check Panama vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.1 months in Valencia, Spain. Panama City ranked 1st best city to live in Panama vs Valencia, Spain ranked 6th in Spain, while ranked 3213th and 354th among best cities to live in the world.

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Prices in Panama City vs Valencia, Spain

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

Panama City Valencia
Eating Out
🍱 Lunch Menu
$9.69
$15.9
🥂 Dinner in a Restaurant, for 2
$45.4
$61.5
🥪 Fast food meal, equiv. McDonald's
$8.03
$14
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$4.34
☕ Cappuccino
$4.3
$3.07
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$2.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$1172
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$866
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$2058
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$1423
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$97.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$150
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$33.7
🏦 Mortgage Interest Rate for 20 Years
6.27%
3.4%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$5630
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$3501
Transportation
🚌 Local transport ticket
$0.35
$2.29
🎟️ Monthly ticket local transport
$22.5
$38.9
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$16.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.76
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.27
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$1.28
🍚 Rice, 1 kg or 2.2 lb
$2.34
$1.52
🥚 Eggs, x12
$3.11
$3.82
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$11
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$8.01
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$16.5
🍏 Apples, 1 kg or 2.2 lb
$3.56
$2.62
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.85
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$1.85
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$2.45
🥔 Potato, 1 kg or 2.2 lb
$2.62
$1.74
🧅 Onion, 1 kg or 2.2 lb
$3.19
$1.88
🌊 Water, 1 L or 1 qt
$1.24
$0.51
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.71
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$6.15
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$1.31
🚬 Cigarette pack
$5.95
$6.61
💊 Cold medicince, 1 week
$8.08
$18.5
🧴 Hair Shampoo
$7.95
$4.48
🧻 Toilet paper, 4 rolls
$2.92
$2
👄 Toothpaste, 1 tube
$3.05
$2.64
Other
🏋️ Gym Membership, 1 month
$41.9
$45
🎫 Cinema Ticket, 1 person
$7.52
$10.4
👩‍⚕️ Doctor's visit
$42.9
$66.4
💇 Haircut, simple
$14.5
$15.3
👖 Brand Jeans
$58.4
$98.8
👟 Brand Sneakers
$90.7
$96.4
👶 Daycare or Preschool, 1 month
$505
$572
🏫 International Primary School, 1 year
$11486
$10416

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Cost of Living in the nearest cities

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024

Cities near Valencia, Spain

Distance City Cost of living
25 km or 15 mi Sagunto
$1408
36 km or 22 mi Alzira
$1401
53 km or 33 mi Borriana
$1271
57 km or 36 mi Villarreal
$1238
58 km or 36 mi Gandia
$1150
62 km or 39 mi Requena
$1421
62 km or 39 mi Castellon de la Plana
$1183
74 km or 46 mi Ontinyent
$1342
81 km or 50 mi Denia
$1620
98 km or 61 mi Calp
$1546
102 km or 63 mi Villena
$1340
106 km or 66 mi Benidorm
$1519
114 km or 71 mi Yecla
$1203
116 km or 72 mi Elda
$1372
125 km or 78 mi Novelda
$1381
125 km or 78 mi Alicante
$1513
132 km or 82 mi Vinaros
$1494
136 km or 85 mi Elche
$1268
137 km or 85 mi Jumilla
$1316
138 km or 86 mi Albacete
$1303
165 km or 102 mi Cuenca
$1246
168 km or 104 mi Ibiza
$2775
168 km or 104 mi Torrevieja
$1279
177 km or 110 mi Murcia
$1272
193 km or 120 mi Villarrobledo
$1397
199 km or 123 mi Caravaca de la Cruz
$1351
214 km or 133 mi Cartagena
$1195
223 km or 139 mi Mazarron
$1173
229 km or 142 mi Lorca
$1313
229 km or 143 mi Tarragona
$1524
247 km or 153 mi Zaragoza
$1436
254 km or 158 mi Lleida
$1245
260 km or 161 mi Palma de Mallorca
$2017
264 km or 164 mi Vilanova i la Geltru
$1455
271 km or 168 mi Guadalajara
$1200
279 km or 173 mi Alcala de Henares
$1678
287 km or 178 mi Torrejon de Ardoz
$1643
292 km or 181 mi Coslada
$1721
292 km or 182 mi Sant Boi de Llobregat
$1586
295 km or 183 mi Cornella de Llobregat
$1626