Panama City vs Valencia, Spain - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1316
$1437
👨‍👩‍👧‍👦 Cost of living Family
$3171
$3255
🏠 One person rent
$709
$809
🏘️ Family rent
$1291
$1269
🍽️ Food expenses
$426
$407
🚐 Transport expenses
$78
$99.1
💳 Monthly salary after tax
$901
$2194
😷 Air quality
Moderate
Good
✈️ Airport proximity
7 km
9 km
🎓 Higher education
42
75
😀 Quality of life
67
84
🏙️ Population
881K
792K

The cost of living in Panama City is 8% less expensive than in Valencia, Spain. Cities ranked 4138th and 3662nd ($1316 vs $1437) in the list of the most expensive cities in the world and ranked 1st and 24th in Panama and Spain, respectively. Check Panama vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.5 months in Valencia, Spain. Panama City ranked 1st best city to live in Panama vs Valencia, Spain ranked 5th in Spain, while ranked 3926th and 317th 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
$11.5
$13
🥂 Dinner in a Restaurant, for 2
$51.8
$43.7
🥪 Fast food meal, equiv. McDonald's
$7.97
$9.85
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$3.24
☕ Cappuccino
$4.35
$2.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$1.84
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$869
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$660
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$1535
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$1015
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$78.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$28.9
🏦 Mortgage Interest Rate for 20 Years
5.97%
2.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$2396
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$1469
Transportation
🚌 Local transport ticket
$0.35
$1.6
🎟️ Monthly ticket local transport
$25.9
$31.3
🚕 Taxi Ride, 8 km or 5 mi
$12
$14
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$1.7
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$1.02
🍚 Rice, 1 kg or 2.2 lb
$1.71
$1.19
🥚 Eggs, x12
$2.63
$2.84
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$12
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$8
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$13.9
🍏 Apples, 1 kg or 2.2 lb
$2.91
$2.31
🍌 Banana, 1 kg or 2.2 lb
$1.37
$1.77
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$1.88
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$2.35
🥔 Potato, 1 kg or 2.2 lb
$2.1
$1.66
🧅 Onion, 1 kg or 2.2 lb
$2.02
$1.81
🌊 Water, 1 L or 1 qt
$0.98
$0.4
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.29
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$6.27
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.07
🚬 Cigarette pack
$5.88
$5.83
💊 Cold medicince, 1 week
$9.43
$13.9
🧴 Hair Shampoo
$7.05
$3.97
🧻 Toilet paper, 4 rolls
$3.43
$1.89
👄 Toothpaste, 1 tube
$3.7
$2.53
Other
🏋️ Gym Membership, 1 month
$42
$35.8
🎫 Cinema Ticket, 1 person
$6.85
$8.59
👩‍⚕️ Doctor's visit
$48.6
$68.5
💇 Haircut, simple
$13.5
$15.1
👖 Brand Jeans
$54.3
$73.8
👟 Brand Sneakers
$86.9
$87.7
👶 Daycare or Preschool, 1 month
$408
$466
🏫 International Primary School, 1 year
$9581
$9302

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220

Cities near Valencia, Spain

Distance City Cost of living
25 km or 15 mi Sagunto
$1262
36 km or 22 mi Alzira
$1270
53 km or 33 mi Borriana
$1147
57 km or 36 mi Villarreal
$1128
58 km or 36 mi Gandia
$1077
62 km or 39 mi Requena
$1241
62 km or 39 mi Castellon de la Plana
$1087
74 km or 46 mi Ontinyent
$1274
81 km or 50 mi Denia
$1287
98 km or 61 mi Calp
$1478
102 km or 63 mi Villena
$1227
106 km or 66 mi Benidorm
$1297
114 km or 71 mi Yecla
$1210
116 km or 72 mi Elda
$1205
125 km or 78 mi Novelda
$1177
125 km or 78 mi Alicante
$1331
132 km or 82 mi Vinaros
$1234
136 km or 85 mi Elche
$1158
137 km or 85 mi Jumilla
$1191
138 km or 86 mi Albacete
$983
165 km or 102 mi Cuenca
$1139
168 km or 104 mi Ibiza
$2629
168 km or 104 mi Torrevieja
$1057
177 km or 110 mi Murcia
$1219
193 km or 120 mi Villarrobledo
$1203
199 km or 123 mi Caravaca de la Cruz
$1176
214 km or 133 mi Cartagena
$907
223 km or 139 mi Mazarron
$1060
229 km or 142 mi Lorca
$1149
229 km or 143 mi Tarragona
$1148
247 km or 153 mi Zaragoza
$1327
254 km or 158 mi Lleida
$1023
260 km or 161 mi Palma de Mallorca
$1710
264 km or 164 mi Vilanova i la Geltru
$1265
271 km or 168 mi Guadalajara
$1138
279 km or 173 mi Alcala de Henares
$1156
287 km or 178 mi Torrejon de Ardoz
$1219
292 km or 181 mi Coslada
$1368
292 km or 182 mi Sant Boi de Llobregat
$1400
295 km or 183 mi Cornella de Llobregat
$1426