Panama City vs Valencia, Venezuela - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1479
$769
👨‍👩‍👧‍👦 Cost of living Family
$3609
$1993
🏠 One person rent
$846
$178
🏘️ Family rent
$1592
$309
🍽️ Food expenses
$440
$357
🚐 Transport expenses
$83
$153
💳 Monthly salary after tax
$967
$192
😷 Air quality
Good
Excellent
✈️ Airport proximity
7 km
8 km
🎓 Higher education
42
30
😀 Quality of life
67
37
🏙️ Population
881K
1.48M

The cost of living in Panama City is 92% more expensive than in Valencia, Venezuela. Cities ranked 3517th and 6573rd ($1479 vs $769) in the list of the most expensive cities in the world and ranked 1st and 37th 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 0.2 months in Valencia, Venezuela. Panama City ranked 1st best city to live in Panama vs Valencia, Venezuela ranked 2nd in Venezuela, while ranked 3734th and 7332nd 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
$10.4
$6.94
🥂 Dinner in a Restaurant, for 2
$48.5
$35.2
🥪 Fast food meal, equiv. McDonald's
$8.06
$9.96
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$1
☕ Cappuccino
$3.99
$2.18
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.66
$1.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$891
$138
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$681
$128
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1749
$262
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1344
$253
🔌 Utility Bill one person, electricity, heating, water, etc.
$78
$10.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$121
$15.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$37.9
🏦 Mortgage Interest Rate for 20 Years
6.28%
21.81%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2551
$502
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1632
$322
Transportation
🚌 Local transport ticket
$0.42
$0.5
🎟️ Monthly ticket local transport
$23.2
$55.3
🚕 Taxi Ride, 8 km or 5 mi
$14.3
$21.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.96
$0.5
Groceries
🥛 Milk, 1 L or 1 qt
$1.8
$1.99
🍞 Bread, 0.5 kg or 1.1 lb
$2.19
$1.55
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.21
🥚 Eggs, x12
$2.77
$2.1
🧀 Cheese, 1 kg or 2.2 lb
$12.4
$5.61
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.09
$6.67
🥩 Round Steak, 1 kg or 2.2 lb
$9.99
$7.28
🍏 Apples, 1 kg or 2.2 lb
$3.44
$4.69
🍌 Banana, 1 kg or 2.2 lb
$1.58
$1.58
🍊 Oranges, 1 kg or 2.2 lb
$2.89
$1.62
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$1.71
🥔 Potato, 1 kg or 2.2 lb
$2.23
$2.46
🧅 Onion, 1 kg or 2.2 lb
$2.8
$1.7
🌊 Water, 1 L or 1 qt
$1.07
$1.33
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.31
$2.27
🍾 Wine (mid-priced), 750 mL bottle
$10
$6.95
🍺 Beer, 0.5 L or 16 fl oz
$1.29
$1.24
🚬 Cigarette pack
$5.98
$3.02
💊 Cold medicince, 1 week
$11.7
$6.71
🧴 Hair Shampoo
$7.94
$7.01
🧻 Toilet paper, 4 rolls
$3.37
$3.03
👄 Toothpaste, 1 tube
$3.71
$2.55
Other
🏋️ Gym Membership, 1 month
$45.3
$35.1
🎫 Cinema Ticket, 1 person
$7.22
$5.02
👩‍⚕️ Doctor's visit
$54.5
$39.2
💇 Haircut, simple
$12.9
$8.81
👖 Brand Jeans
$56.8
$40.5
👟 Brand Sneakers
$93.2
$78.9
👶 Daycare or Preschool, 1 month
$477
$66.7
🏫 International Primary School, 1 year
$13616
$4209

Cost of living in other countries

Panama CityValencia

Cost of living

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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
$1328
16 km or 9.9 mi Tocumen
$1310
26 km or 16 mi Pacora
$1304
34 km or 21 mi La Chorrera
$957
59 km or 37 mi Colon
$1172
108 km or 67 mi Penonome
$1116
154 km or 96 mi Chitre
$1117
190 km or 118 mi Santiago de Veraguas
$1089
321 km or 199 mi Turbo
$664
329 km or 204 mi David
$890
398 km or 247 mi Monteria
$645
403 km or 250 mi Limon
$1225
406 km or 252 mi Santa Cruz de Lorica
$669
452 km or 281 mi Sincelejo
$524
463 km or 288 mi Cartagena
$760
483 km or 300 mi Quibdo
$705
494 km or 307 mi Cartago
$1024
513 km or 319 mi San Jose
$1324
518 km or 322 mi Heredia
$1296
521 km or 324 mi Magangue
$604
526 km or 327 mi Bello
$839
529 km or 329 mi Alajuela
$1269
530 km or 329 mi Medellin
$906
534 km or 332 mi Envigado
$897
558 km or 347 mi Soledad
$741
559 km or 348 mi Barranquilla
$773
595 km or 370 mi Puntarenas
$801
617 km or 383 mi Cartago
$649
617 km or 383 mi Cienaga
$742
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1213
627 km or 390 mi Pereira
$680
631 km or 392 mi Santa Marta
$837
632 km or 393 mi Buenaventura
$742
636 km or 395 mi Minca
$759
651 km or 404 mi Salento
$605
652 km or 405 mi Armenia
$598
657 km or 408 mi Tulua
$513
658 km or 409 mi Barrancabermeja
$1031
675 km or 419 mi Liberia
$932

Cities near Valencia, Venezuela

Distance City Cost of living
7.5 km or 4.7 mi Los Guayos
$728
13 km or 8.3 mi Tocuyito
$724
15 km or 9.2 mi Guacara
$795
33 km or 21 mi Puerto Cabello
$781
43 km or 27 mi El Limon
$745
43 km or 27 mi Tinaquillo
$738
45 km or 28 mi Maracay
$817
48 km or 30 mi Palo Negro
$775
49 km or 31 mi Santa Rita
$780
58 km or 36 mi Turmero
$857
60 km or 37 mi Cagua
$818
73 km or 46 mi La Victoria
$858
78 km or 49 mi San Juan de los Morros
$807
84 km or 52 mi San Felipe
$739
86 km or 53 mi San Carlos
$776
107 km or 66 mi Los Teques
$960
116 km or 72 mi Catia La Mar
$974
122 km or 76 mi Maiquetia
$919
122 km or 76 mi Cua
$910
122 km or 76 mi Caracas
$1075
124 km or 77 mi Yaritagua
$685
125 km or 78 mi Charallave
$904
126 km or 78 mi La Guaira
$938
134 km or 83 mi Ocumare del Tuy
$901
139 km or 86 mi Cabudare
$666
147 km or 91 mi Santa Lucia
$892
148 km or 92 mi Barquisimeto
$722
148 km or 92 mi Santa Teresa del Tuy
$939
148 km or 92 mi Acarigua
$723
149 km or 93 mi Araure
$723
152 km or 94 mi Calabozo
$845
163 km or 101 mi Guatire
$917
164 km or 102 mi Guarenas
$918
175 km or 109 mi Quibor
$682
180 km or 112 mi Altagracia de Orituco
$847
201 km or 125 mi El Tocuyo
$693
223 km or 138 mi Kralendijk
$1962
227 km or 141 mi Carora
$681
229 km or 142 mi Guanare
$712
229 km or 142 mi Coro
$555