Panama City vs Valencia, Venezuela - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1560
$739
👨‍👩‍👧‍👦 Cost of living Family
$3547
$1899
🏠 One person rent
$943
$163
🏘️ Family rent
$1558
$262
🍽️ Food expenses
$429
$371
🚐 Transport expenses
$78.4
$123
💳 Monthly salary after tax
$982
$301
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
8 km
🎓 Higher education
43
30
😀 Quality of life
71
45
🏙️ Population
410K
1.48M

The cost of living in Panama City is 111% more expensive than in Valencia, Venezuela. Cities ranked 3737th and 6904th ($1560 vs $739) in the list of the most expensive cities in the world and ranked 1st and 35th in Panama and Venezuela, respectively. Check Panama vs Venezuela comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 0.4 months in Valencia, Venezuela. Panama City ranked 1st best city to live in Panama vs Valencia, Venezuela ranked 3rd in Venezuela, while ranked 3765th and 7088th 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
$10.6
$6.98
🥂 Dinner in a Restaurant, for 2
$45.7
$34.7
🥪 Fast food meal, equiv. McDonald's
$8.08
$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$1.49
☕ Cappuccino
$4.03
$2.71
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.69
$1.32
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1015
$126
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$759
$110
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1675
$222
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1306
$201
🔌 Utility Bill one person, electricity, heating, water, etc.
$86.4
$12.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$133
$20
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.5
$36.8
🏦 Mortgage Interest Rate for 20 Years
6.41%
22.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2662
$505
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1618
$324
Transportation
🚌 Local transport ticket
$0.35
$0.3
🎟️ Monthly ticket local transport
$23.2
$35.9
🚕 Taxi Ride, 8 km or 5 mi
$20.5
$19.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.97
$0.5
Groceries
🥛 Milk, 1 L or 1 qt
$1.79
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$2.25
$1.29
🍚 Rice, 1 kg or 2.2 lb
$2.11
$1.25
🥚 Eggs, x12
$3.17
$2.1
🧀 Cheese, 1 kg or 2.2 lb
$11.7
$5.69
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.81
$6.78
🥩 Round Steak, 1 kg or 2.2 lb
$9.86
$7.03
🍏 Apples, 1 kg or 2.2 lb
$3.27
$5.89
🍌 Banana, 1 kg or 2.2 lb
$1.52
$1.33
🍊 Oranges, 1 kg or 2.2 lb
$3.27
$1.97
🍅 Tomato, 1 kg or 2.2 lb
$3.05
$2.14
🥔 Potato, 1 kg or 2.2 lb
$2.34
$2.68
🧅 Onion, 1 kg or 2.2 lb
$3.26
$2.02
🌊 Water, 1 L or 1 qt
$1.05
$1.21
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.44
$2.18
🍾 Wine (mid-priced), 750 mL bottle
$11.2
$8.48
🍺 Beer, 0.5 L or 16 fl oz
$1.38
$1.45
🚬 Cigarette pack
$5.92
$2.51
💊 Cold medicince, 1 week
$8.17
$6.9
🧴 Hair Shampoo
$8.06
$5.98
🧻 Toilet paper, 4 rolls
$2.98
$3.19
👄 Toothpaste, 1 tube
$3.05
$2.88
Other
🏋️ Gym Membership, 1 month
$42.6
$35.7
🎫 Cinema Ticket, 1 person
$7.32
$5.04
👩‍⚕️ Doctor's visit
$58.4
$40.2
💇 Haircut, simple
$14.3
$10.5
👖 Brand Jeans
$54
$35.4
👟 Brand Sneakers
$91.3
$79
👶 Daycare or Preschool, 1 month
$477
$77.2
🏫 International Primary School, 1 year
$15637
$3024

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1400
16 km or 9.9 mi Tocumen
$1377
26 km or 16 mi Pacora
$1371
34 km or 21 mi La Chorrera
$981
59 km or 37 mi Colon
$1188
108 km or 67 mi Penonome
$1150
154 km or 96 mi Chitre
$1150
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$721
329 km or 204 mi David
$925
398 km or 247 mi Monteria
$663
403 km or 250 mi Limon
$1288
406 km or 252 mi Santa Cruz de Lorica
$715
452 km or 281 mi Sincelejo
$547
463 km or 288 mi Cartagena
$1105
483 km or 300 mi Quibdo
$708
494 km or 307 mi Cartago
$1241
513 km or 319 mi San Jose
$1398
518 km or 322 mi Heredia
$1335
521 km or 324 mi Magangue
$667
526 km or 327 mi Bello
$881
529 km or 329 mi Alajuela
$1303
530 km or 329 mi Medellin
$1030
534 km or 332 mi Envigado
$950
558 km or 347 mi Soledad
$883
559 km or 348 mi Barranquilla
$843
595 km or 370 mi Puntarenas
$821
617 km or 383 mi Cartago
$679
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$678
627 km or 390 mi Santa Teresa
$1236
627 km or 390 mi Pereira
$730
631 km or 392 mi Santa Marta
$929
632 km or 393 mi Buenaventura
$782
636 km or 395 mi Minca
$847
651 km or 404 mi Salento
$655
652 km or 405 mi Armenia
$667
657 km or 408 mi Tulua
$511
658 km or 409 mi Barrancabermeja
$1082
675 km or 419 mi Liberia
$953

Cities near Valencia, Venezuela

Distance City Cost of living
7.5 km or 4.7 mi Los Guayos
$719
13 km or 8.3 mi Tocuyito
$714
15 km or 9.2 mi Guacara
$791
33 km or 21 mi Puerto Cabello
$779
43 km or 27 mi El Limon
$716
43 km or 27 mi Tinaquillo
$733
45 km or 28 mi Maracay
$768
48 km or 30 mi Palo Negro
$743
49 km or 31 mi Santa Rita
$742
58 km or 36 mi Turmero
$813
60 km or 37 mi Cagua
$775
73 km or 46 mi La Victoria
$803
78 km or 49 mi San Juan de los Morros
$768
84 km or 52 mi San Felipe
$730
86 km or 53 mi San Carlos
$779
107 km or 66 mi Los Teques
$963
116 km or 72 mi Catia La Mar
$1015
122 km or 76 mi Maiquetia
$969
122 km or 76 mi Cua
$712
122 km or 76 mi Caracas
$1176
124 km or 77 mi Yaritagua
$650
125 km or 78 mi Charallave
$757
126 km or 78 mi La Guaira
$989
134 km or 83 mi Ocumare del Tuy
$596
139 km or 86 mi Cabudare
$618
147 km or 91 mi Santa Lucia
$759
148 km or 92 mi Barquisimeto
$627
148 km or 92 mi Santa Teresa del Tuy
$787
148 km or 92 mi Acarigua
$723
149 km or 93 mi Araure
$719
152 km or 94 mi Calabozo
$843
163 km or 101 mi Guatire
$890
164 km or 102 mi Guarenas
$894
175 km or 109 mi Quibor
$648
180 km or 112 mi Altagracia de Orituco
$811
201 km or 125 mi El Tocuyo
$677
223 km or 138 mi Kralendijk
$2005
227 km or 141 mi Carora
$677
229 km or 142 mi Guanare
$713
229 km or 142 mi Coro
$576