Panama City vs Virginia Beach - Cost of Living Comparison

Updated:

Livingcost

Panama City Virginia Beach
🚶 Cost of living one person
$1590
$2452
👨‍👩‍👧‍👦 Cost of living Family
$3556
$5516
🏠 One person rent
$946
$1566
🏘️ Family rent
$1545
$2522
🍽️ Food expenses
$439
$615
🚐 Transport expenses
$100
$102
💳 Monthly salary after tax
$973
$4239
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
6 km
🎓 Higher education
42
74
😀 Quality of life
71
88
🏙️ Population
1.54M
459K

The cost of living in Panama City is 35% less expensive than in Virginia Beach. Cities ranked 3634th and 978th ($1590 vs $2452) in the list of the most expensive cities in the world and ranked 1st and 841st in Panama and the United States, respectively. Check Panama vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.7 months in Virginia Beach. Panama City ranked 1st best city to live in Panama vs Virginia Beach ranked 82nd in the United States, while ranked 3213th and 286th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this picture

Prices in Panama City vs Virginia Beach

Prices for goods and services in Panama City and Virginia Beach are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Panama City Virginia Beach
Eating Out
🍱 Lunch Menu
$9.69
$17.9
🥂 Dinner in a Restaurant, for 2
$45.4
$89.4
🥪 Fast food meal, equiv. McDonald's
$8.03
$11.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$5.98
☕ Cappuccino
$4.3
$5.88
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$2.73
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$1653
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$1301
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$2788
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$2127
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$128
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$196
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$66.3
🏦 Mortgage Interest Rate for 20 Years
6.27%
5.98%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$2280
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$2279
Transportation
🚌 Local transport ticket
$0.35
$1.98
🎟️ Monthly ticket local transport
$22.5
$69.7
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$14.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$0.91
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.01
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$3.12
🍚 Rice, 1 kg or 2.2 lb
$2.34
$5.38
🥚 Eggs, x12
$3.11
$4.15
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$10.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$7.89
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$18.2
🍏 Apples, 1 kg or 2.2 lb
$3.56
$2.54
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.59
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$5.06
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$5.8
🥔 Potato, 1 kg or 2.2 lb
$2.62
$2.29
🧅 Onion, 1 kg or 2.2 lb
$3.19
$3.13
🌊 Water, 1 L or 1 qt
$1.24
$1.53
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.45
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$12
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$1.81
🚬 Cigarette pack
$5.95
$9.08
💊 Cold medicince, 1 week
$8.08
$9.26
🧴 Hair Shampoo
$7.95
$5.96
🧻 Toilet paper, 4 rolls
$2.92
$4.48
👄 Toothpaste, 1 tube
$3.05
$1.73
Other
🏋️ Gym Membership, 1 month
$41.9
$43.6
🎫 Cinema Ticket, 1 person
$7.52
$12.1
👩‍⚕️ Doctor's visit
$42.9
$124
💇 Haircut, simple
$14.5
$19.3
👖 Brand Jeans
$58.4
$61.3
👟 Brand Sneakers
$90.7
$119
👶 Daycare or Preschool, 1 month
$505
$1579
🏫 International Primary School, 1 year
$11486
$16143

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
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024

Cities near Virginia Beach

Distance City Cost of living
26 km or 16 mi Norfolk
$2191
29 km or 18 mi Chesapeake
$2342
33 km or 20 mi Portsmouth
$2191
40 km or 25 mi Hampton
$2657
51 km or 32 mi Newport News
$2295
58 km or 36 mi Suffolk
$2311
96 km or 60 mi Kill Devil Hills
$2058
127 km or 79 mi Hopewell
$2379
133 km or 82 mi Petersburg
$2375
152 km or 95 mi Richmond
$2392
156 km or 97 mi Roanoke Rapids
$2055
171 km or 106 mi Salisbury
$1953
187 km or 116 mi Greenville
$2045
192 km or 119 mi Rocky Mount
$1803
208 km or 129 mi Fredericksburg
$2363
215 km or 133 mi Wilson
$2016
215 km or 134 mi Waldorf
$2508
216 km or 134 mi New Bern
$1849
225 km or 140 mi Henderson
$2116
227 km or 141 mi Kinston
$2073
228 km or 142 mi Marumsco
$2608
229 km or 142 mi Woodbridge
$2696
234 km or 146 mi Havelock
$2003
237 km or 147 mi Alexandria
$2913
240 km or 149 mi Springfield
$2367
240 km or 149 mi Annapolis
$2862
243 km or 151 mi Goldsboro
$1766
244 km or 152 mi Bailey's Crossroads
$2572
245 km or 152 mi Bowie
$2596
246 km or 153 mi Washington
$3350
247 km or 154 mi Wake Forest
$2169
247 km or 154 mi Georgetown
$3031
249 km or 155 mi Manassas
$2379
251 km or 156 mi Fairfax
$2803
251 km or 156 mi Greenbelt
$2774
253 km or 157 mi College Park
$3016
255 km or 158 mi Lower Township
$2644
256 km or 159 mi Centreville
$3338
256 km or 159 mi Silver Spring
$2223
256 km or 159 mi Bethesda
$2769