Panama City vs Valencia, Spain - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1583
$1797
👨‍👩‍👧‍👦 Cost of living Family
$3567
$4071
🏠 One person rent
$976
$1035
🏘️ Family rent
$1633
$1655
🍽️ Food expenses
$432
$503
🚐 Transport expenses
$69.1
$118
💳 Monthly salary after tax
$936
$2219
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
9 km
🎓 Higher education
42
76
😀 Quality of life
69
87
🏙️ Population
410K
841K

The cost of living in Panama City is 12% less expensive than in Valencia, Spain. Cities ranked 3744th and 2874th ($1583 vs $1797) in the list of the most expensive cities in the world and ranked 1st and 11th 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 1.2 months in Valencia, Spain. Panama City ranked 1st best city to live in Panama vs Valencia, Spain ranked 3rd in Spain, while ranked 4400th and 365th 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
$10.6
$16.3
🥂 Dinner in a Restaurant, for 2
$45.3
$62
🥪 Fast food meal, equiv. McDonald's
$7.39
$13.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$4.32
☕ Cappuccino
$3.94
$3.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$2.56
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$1127
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$848
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$1971
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$97.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$151
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$33.1
🏦 Mortgage Interest Rate for 20 Years
6.26%
3.22%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$4940
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$3317
Transportation
🚌 Local transport ticket
$0.35
$2.33
🎟️ Monthly ticket local transport
$22.2
$36.2
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$16.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$1.76
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$1.38
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.28
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.61
🥚 Eggs, x12
$3.26
$3.6
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$8.45
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$14.8
🍏 Apples, 1 kg or 2.2 lb
$3.53
$2.72
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.94
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$1.92
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$2.47
🥔 Potato, 1 kg or 2.2 lb
$2.46
$1.91
🧅 Onion, 1 kg or 2.2 lb
$3.74
$1.92
🌊 Water, 1 L or 1 qt
$1.16
$0.5
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$2.69
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$6.66
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$1.34
🚬 Cigarette pack
$6.04
$6.97
💊 Cold medicince, 1 week
$8.16
$18.5
🧴 Hair Shampoo
$8.03
$4.63
🧻 Toilet paper, 4 rolls
$2.96
$2.04
👄 Toothpaste, 1 tube
$3.04
$2.7
Other
🏋️ Gym Membership, 1 month
$42.8
$47.5
🎫 Cinema Ticket, 1 person
$7.3
$10.6
👩‍⚕️ Doctor's visit
$50.2
$67.4
💇 Haircut, simple
$14.5
$15.3
👖 Brand Jeans
$53.6
$103
👟 Brand Sneakers
$91.3
$100
👶 Daycare or Preschool, 1 month
$503
$629
🏫 International Primary School, 1 year
$13402
$10445

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957

Cities near Valencia, Spain

Distance City Cost of living
25 km or 15 mi Sagunto
$1415
36 km or 22 mi Alzira
$1375
53 km or 33 mi Borriana
$1296
57 km or 36 mi Villarreal
$1267
58 km or 36 mi Gandia
$1171
62 km or 39 mi Requena
$1461
62 km or 39 mi Castellon de la Plana
$1215
74 km or 46 mi Ontinyent
$1394
81 km or 50 mi Denia
$1685
98 km or 61 mi Calp
$1558
102 km or 63 mi Villena
$1394
106 km or 66 mi Benidorm
$1514
114 km or 71 mi Yecla
$1299
116 km or 72 mi Elda
$1396
125 km or 78 mi Novelda
$1393
125 km or 78 mi Alicante
$1516
132 km or 82 mi Vinaros
$1493
136 km or 85 mi Elche
$1314
137 km or 85 mi Jumilla
$1388
138 km or 86 mi Albacete
$1451
165 km or 102 mi Cuenca
$1251
168 km or 104 mi Ibiza
$2879
168 km or 104 mi Torrevieja
$1291
177 km or 110 mi Murcia
$1329
193 km or 120 mi Villarrobledo
$1433
199 km or 123 mi Caravaca de la Cruz
$1366
214 km or 133 mi Cartagena
$1212
223 km or 139 mi Mazarron
$1187
229 km or 142 mi Lorca
$1359
229 km or 143 mi Tarragona
$1531
247 km or 153 mi Zaragoza
$1471
254 km or 158 mi Lleida
$1264
260 km or 161 mi Palma de Mallorca
$2000
264 km or 164 mi Vilanova i la Geltru
$1478
271 km or 168 mi Guadalajara
$1226
279 km or 173 mi Alcala de Henares
$1697
287 km or 178 mi Torrejon de Ardoz
$1671
292 km or 181 mi Coslada
$1751
292 km or 182 mi Sant Boi de Llobregat
$1603
295 km or 183 mi Cornella de Llobregat
$1656