Panama City vs Valencia, Venezuela - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1316
$755
👨‍👩‍👧‍👦 Cost of living Family
$3171
$1981
🏠 One person rent
$709
$164
🏘️ Family rent
$1291
$303
🍽️ Food expenses
$426
$360
🚐 Transport expenses
$78
$148
💳 Monthly salary after tax
$901
$227
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
7 km
8 km
🎓 Higher education
42
30
😀 Quality of life
67
34
🏙️ Population
881K
1.48M

The cost of living in Panama City is 74% more expensive than in Valencia, Venezuela. Cities ranked 4138th and 6555th ($1316 vs $755) in the list of the most expensive cities in the world and ranked 1st and 21st in Panama and Venezuela, respectively. Check Panama vs Venezuela comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 0.3 months in Valencia, Venezuela. Panama City ranked 1st best city to live in Panama vs Valencia, Venezuela ranked 3rd in Venezuela, while ranked 3926th and 7897th among best cities to live in the world.

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Prices in Panama City vs Valencia, Venezuela

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
$8.03
🥂 Dinner in a Restaurant, for 2
$51.8
$50
🥪 Fast food meal, equiv. McDonald's
$7.97
$9.04
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$1.01
☕ Cappuccino
$4.35
$2.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$1.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$137
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$114
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$268
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$249
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$8.28
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$13
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$37.2
🏦 Mortgage Interest Rate for 20 Years
5.97%
28.38%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$203
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$261
Transportation
🚌 Local transport ticket
$0.35
$0.5
🎟️ Monthly ticket local transport
$25.9
$57
🚕 Taxi Ride, 8 km or 5 mi
$12
$19.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$0.5
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$1.94
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$2.01
🍚 Rice, 1 kg or 2.2 lb
$1.71
$1.19
🥚 Eggs, x12
$2.63
$2.2
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$4.62
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$6.26
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$6.76
🍏 Apples, 1 kg or 2.2 lb
$2.91
$4.87
🍌 Banana, 1 kg or 2.2 lb
$1.37
$1.34
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$1.54
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$1.63
🥔 Potato, 1 kg or 2.2 lb
$2.1
$1.4
🧅 Onion, 1 kg or 2.2 lb
$2.02
$1.83
🌊 Water, 1 L or 1 qt
$0.98
$0.94
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.68
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$8.57
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.33
🚬 Cigarette pack
$5.88
$2.98
💊 Cold medicince, 1 week
$9.43
$6.92
🧴 Hair Shampoo
$7.05
$6.05
🧻 Toilet paper, 4 rolls
$3.43
$2.98
👄 Toothpaste, 1 tube
$3.7
$2.26
Other
🏋️ Gym Membership, 1 month
$42
$40.2
🎫 Cinema Ticket, 1 person
$6.85
$5.04
👩‍⚕️ Doctor's visit
$48.6
$38.2
💇 Haircut, simple
$13.5
$9.55
👖 Brand Jeans
$54.3
$40.8
👟 Brand Sneakers
$86.9
$78.7
👶 Daycare or Preschool, 1 month
$408
$66.8
🏫 International Primary School, 1 year
$9581
$3505

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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, Venezuela

Distance City Cost of living
7.5 km or 4.7 mi Los Guayos
$688
13 km or 8.3 mi Tocuyito
$691
15 km or 9.2 mi Guacara
$728
33 km or 21 mi Puerto Cabello
$713
43 km or 27 mi El Limon
$612
43 km or 27 mi Tinaquillo
$685
45 km or 28 mi Maracay
$581
48 km or 30 mi Palo Negro
$648
49 km or 31 mi Santa Rita
$640
58 km or 36 mi Turmero
$723
60 km or 37 mi Cagua
$696
73 km or 46 mi La Victoria
$720
78 km or 49 mi San Juan de los Morros
$705
84 km or 52 mi San Felipe
$699
86 km or 53 mi San Carlos
$684
107 km or 66 mi Los Teques
$846
116 km or 72 mi Catia La Mar
$880
122 km or 76 mi Maiquetia
$839
122 km or 76 mi Cua
$815
122 km or 76 mi Caracas
$975
124 km or 77 mi Yaritagua
$663
125 km or 78 mi Charallave
$812
126 km or 78 mi La Guaira
$854
134 km or 83 mi Ocumare del Tuy
$804
139 km or 86 mi Cabudare
$653
147 km or 91 mi Santa Lucia
$805
148 km or 92 mi Barquisimeto
$708
148 km or 92 mi Santa Teresa del Tuy
$844
148 km or 92 mi Acarigua
$687
149 km or 93 mi Araure
$692
152 km or 94 mi Calabozo
$712
163 km or 101 mi Guatire
$823
164 km or 102 mi Guarenas
$823
175 km or 109 mi Quibor
$663
180 km or 112 mi Altagracia de Orituco
$763
201 km or 125 mi El Tocuyo
$679
223 km or 138 mi Kralendijk
$1783
227 km or 141 mi Carora
$691
229 km or 142 mi Guanare
$700
229 km or 142 mi Coro
$635