Panama City vs Valencia, Venezuela - Cost of Living Comparison

Updated:

Livingcost

Panama City Valencia
🚶 Cost of living one person
$1583
$745
👨‍👩‍👧‍👦 Cost of living Family
$3567
$1912
🏠 One person rent
$976
$165
🏘️ Family rent
$1633
$265
🍽️ Food expenses
$432
$373
🚐 Transport expenses
$69.1
$124
💳 Monthly salary after tax
$936
$253
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
8 km
🎓 Higher education
42
30
😀 Quality of life
69
44
🏙️ Population
410K
1.48M

The cost of living in Panama City is 113% more expensive than in Valencia, Venezuela. Cities ranked 3744th and 7014th ($1583 vs $745) in the list of the most expensive cities in the world and ranked 1st and 39th 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 0.3 months in Valencia, Venezuela. Panama City ranked 1st best city to live in Panama vs Valencia, Venezuela ranked 4th in Venezuela, while ranked 4400th and 7344th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this infographic!

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
$7.01
🥂 Dinner in a Restaurant, for 2
$45.3
$34.9
🥪 Fast food meal, equiv. McDonald's
$7.39
$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$1.49
☕ Cappuccino
$3.94
$3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$1.36
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$134
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$110
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$243
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$198
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$12.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$19.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$37.8
🏦 Mortgage Interest Rate for 20 Years
6.26%
21.87%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$502
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$322
Transportation
🚌 Local transport ticket
$0.35
$0.3
🎟️ Monthly ticket local transport
$22.2
$36.4
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$19.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$0.5
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$2.09
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.29
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.25
🥚 Eggs, x12
$3.26
$2.12
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$5.63
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$6.8
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$7.07
🍏 Apples, 1 kg or 2.2 lb
$3.53
$6.35
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.34
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$1.97
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$2.18
🥔 Potato, 1 kg or 2.2 lb
$2.46
$2.28
🧅 Onion, 1 kg or 2.2 lb
$3.74
$2.02
🌊 Water, 1 L or 1 qt
$1.16
$1.19
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$2.18
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$8.54
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$1.38
🚬 Cigarette pack
$6.04
$2.5
💊 Cold medicince, 1 week
$8.16
$6.92
🧴 Hair Shampoo
$8.03
$6.04
🧻 Toilet paper, 4 rolls
$2.96
$3.14
👄 Toothpaste, 1 tube
$3.04
$2.85
Other
🏋️ Gym Membership, 1 month
$42.8
$36.2
🎫 Cinema Ticket, 1 person
$7.3
$5.02
👩‍⚕️ Doctor's visit
$50.2
$40
💇 Haircut, simple
$14.5
$10.4
👖 Brand Jeans
$53.6
$39.7
👟 Brand Sneakers
$91.3
$78.2
👶 Daycare or Preschool, 1 month
$503
$76.7
🏫 International Primary School, 1 year
$13402
$3015

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957

Cities near Valencia, Venezuela

Distance City Cost of living
7.5 km or 4.7 mi Los Guayos
$735
13 km or 8.3 mi Tocuyito
$728
15 km or 9.2 mi Guacara
$817
33 km or 21 mi Puerto Cabello
$806
43 km or 27 mi El Limon
$715
43 km or 27 mi Tinaquillo
$756
45 km or 28 mi Maracay
$754
48 km or 30 mi Palo Negro
$748
49 km or 31 mi Santa Rita
$742
58 km or 36 mi Turmero
$834
60 km or 37 mi Cagua
$793
73 km or 46 mi La Victoria
$818
78 km or 49 mi San Juan de los Morros
$781
84 km or 52 mi San Felipe
$762
86 km or 53 mi San Carlos
$807
107 km or 66 mi Los Teques
$994
116 km or 72 mi Catia La Mar
$1044
122 km or 76 mi Maiquetia
$997
122 km or 76 mi Cua
$726
122 km or 76 mi Caracas
$1199
124 km or 77 mi Yaritagua
$697
125 km or 78 mi Charallave
$775
126 km or 78 mi La Guaira
$1015
134 km or 83 mi Ocumare del Tuy
$605
139 km or 86 mi Cabudare
$660
147 km or 91 mi Santa Lucia
$780
148 km or 92 mi Barquisimeto
$670
148 km or 92 mi Santa Teresa del Tuy
$805
148 km or 92 mi Acarigua
$749
149 km or 93 mi Araure
$744
152 km or 94 mi Calabozo
$868
163 km or 101 mi Guatire
$918
164 km or 102 mi Guarenas
$923
175 km or 109 mi Quibor
$696
180 km or 112 mi Altagracia de Orituco
$840
201 km or 125 mi El Tocuyo
$719
223 km or 138 mi Kralendijk
$2002
227 km or 141 mi Carora
$712
229 km or 142 mi Guanare
$748
229 km or 142 mi Coro
$571