Panama City vs Valencia, Venezuela - Cost of Living Comparison

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Livingcost

Panama City Valencia
🚶 Cost of living one person
$1384
$783
👨‍👩‍👧‍👦 Cost of living Family
$3435
$2063
🏠 One person rent
$751
$161
🏘️ Family rent
$1474
$293
🍽️ Food expenses
$444
$388
🚐 Transport expenses
$84.4
$154
💳 Monthly salary after tax
$914
$194
😷 Air quality
Good
Excellent
✈️ Airport proximity
7 km
8 km
🎓 Higher education
42
30
😀 Quality of life
66
37
🏙️ Population
881K
1.48M

The cost of living in Panama City is 77% more expensive than in Valencia, Venezuela. Cities ranked 4139th and 6511th ($1384 vs $783) in the list of the most expensive cities in the world and ranked 1st and 23rd 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 3919th and 7288th 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
$12.3
$6.99
🥂 Dinner in a Restaurant, for 2
$55.2
$50.5
🥪 Fast food meal, equiv. McDonald's
$7.6
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.94
$1.49
☕ Cappuccino
$4.25
$2.15
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$1.51
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$827
$124
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$577
$116
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1757
$261
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1198
$242
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.7
$6.32
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$118
$9.69
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.4
$37.6
🏦 Mortgage Interest Rate for 20 Years
6.12%
22.18%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2406
$300
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1535
$259
Transportation
🚌 Local transport ticket
$0.35
$0.5
🎟️ Monthly ticket local transport
$26.2
$55.6
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$21.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.02
$0.5
Groceries
🥛 Milk, 1 L or 1 qt
$1.78
$2
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$1.66
🍚 Rice, 1 kg or 2.2 lb
$2.08
$1.38
🥚 Eggs, x12
$2.67
$2.08
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$5.31
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.23
$7.18
🥩 Round Steak, 1 kg or 2.2 lb
$10.4
$7.44
🍏 Apples, 1 kg or 2.2 lb
$3.11
$5.59
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.44
🍊 Oranges, 1 kg or 2.2 lb
$3.09
$1.56
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$1.87
🥔 Potato, 1 kg or 2.2 lb
$2.19
$2.22
🧅 Onion, 1 kg or 2.2 lb
$2.5
$2.01
🌊 Water, 1 L or 1 qt
$1
$1.28
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$2.43
🍾 Wine (mid-priced), 750 mL bottle
$9.03
$6.99
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$1.32
🚬 Cigarette pack
$5.89
$2.99
💊 Cold medicince, 1 week
$10.5
$6.92
🧴 Hair Shampoo
$6.97
$5.99
🧻 Toilet paper, 4 rolls
$3.12
$2.93
👄 Toothpaste, 1 tube
$3.06
$2.2
Other
🏋️ Gym Membership, 1 month
$43.8
$37
🎫 Cinema Ticket, 1 person
$6.71
$5
👩‍⚕️ Doctor's visit
$49.1
$35.1
💇 Haircut, simple
$13.7
$9.67
👖 Brand Jeans
$54.3
$40.7
👟 Brand Sneakers
$90.2
$78
👶 Daycare or Preschool, 1 month
$437
$66.7
🏫 International Primary School, 1 year
$9531
$4675

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898

Cities near Valencia, Venezuela

Distance City Cost of living
7.5 km or 4.7 mi Los Guayos
$726
13 km or 8.3 mi Tocuyito
$726
15 km or 9.2 mi Guacara
$785
33 km or 21 mi Puerto Cabello
$759
43 km or 27 mi El Limon
$683
43 km or 27 mi Tinaquillo
$730
45 km or 28 mi Maracay
$726
48 km or 30 mi Palo Negro
$711
49 km or 31 mi Santa Rita
$707
58 km or 36 mi Turmero
$781
60 km or 37 mi Cagua
$744
73 km or 46 mi La Victoria
$776
78 km or 49 mi San Juan de los Morros
$755
84 km or 52 mi San Felipe
$736
86 km or 53 mi San Carlos
$772
107 km or 66 mi Los Teques
$922
116 km or 72 mi Catia La Mar
$947
122 km or 76 mi Maiquetia
$900
122 km or 76 mi Cua
$877
122 km or 76 mi Caracas
$1045
124 km or 77 mi Yaritagua
$682
125 km or 78 mi Charallave
$877
126 km or 78 mi La Guaira
$915
134 km or 83 mi Ocumare del Tuy
$871
139 km or 86 mi Cabudare
$663
147 km or 91 mi Santa Lucia
$865
148 km or 92 mi Barquisimeto
$715
148 km or 92 mi Santa Teresa del Tuy
$910
148 km or 92 mi Acarigua
$724
149 km or 93 mi Araure
$724
152 km or 94 mi Calabozo
$827
163 km or 101 mi Guatire
$892
164 km or 102 mi Guarenas
$896
175 km or 109 mi Quibor
$680
180 km or 112 mi Altagracia de Orituco
$787
201 km or 125 mi El Tocuyo
$694
223 km or 138 mi Kralendijk
$1792
227 km or 141 mi Carora
$688
229 km or 142 mi Guanare
$707
229 km or 142 mi Coro
$623