Panama City vs Virginia Beach - Cost of Living Comparison

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Livingcost

Panama City Virginia Beach
🚶 Cost of living one person
$1316
$2109
👨‍👩‍👧‍👦 Cost of living Family
$3171
$5237
🏠 One person rent
$709
$1279
🏘️ Family rent
$1291
$2442
🍽️ Food expenses
$426
$543
🚐 Transport expenses
$78
$99.6
💳 Monthly salary after tax
$901
$4454
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
7 km
6 km
🎓 Higher education
42
75
😀 Quality of life
67
85
🏙️ Population
881K
459K

The cost of living in Panama City is 38% less expensive than in Virginia Beach. Cities ranked 4138th and 1538th ($1316 vs $2109) in the list of the most expensive cities in the world and ranked 1st and 1363rd 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 0.7 months in Panama City compared to 2.1 months in Virginia Beach. Panama City ranked 1st best city to live in Panama vs Virginia Beach ranked 67th in the United States, while ranked 3926th and 280th among best cities to live in the world.

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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
$11.5
$16.7
🥂 Dinner in a Restaurant, for 2
$51.8
$50.8
🥪 Fast food meal, equiv. McDonald's
$7.97
$11.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$5.47
☕ Cappuccino
$4.35
$5.66
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$2.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$1255
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$1060
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$2730
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$2069
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$116
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$177
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$63.9
🏦 Mortgage Interest Rate for 20 Years
5.97%
6.64%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$3122
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$2646
Transportation
🚌 Local transport ticket
$0.35
$1.98
🎟️ Monthly ticket local transport
$25.9
$67.7
🚕 Taxi Ride, 8 km or 5 mi
$12
$14.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.06
$0.89
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$0.9
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$2.89
🍚 Rice, 1 kg or 2.2 lb
$1.71
$4.11
🥚 Eggs, x12
$2.63
$3.34
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$7.33
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$15.8
🍏 Apples, 1 kg or 2.2 lb
$2.91
$3.08
🍌 Banana, 1 kg or 2.2 lb
$1.37
$1.51
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$2.81
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$4.1
🥔 Potato, 1 kg or 2.2 lb
$2.1
$2.12
🧅 Onion, 1 kg or 2.2 lb
$2.02
$3.16
🌊 Water, 1 L or 1 qt
$0.98
$1.54
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.29
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$15.1
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$3.47
🚬 Cigarette pack
$5.88
$7.94
💊 Cold medicince, 1 week
$9.43
$9.3
🧴 Hair Shampoo
$7.05
$5.13
🧻 Toilet paper, 4 rolls
$3.43
$4.54
👄 Toothpaste, 1 tube
$3.7
$2.26
Other
🏋️ Gym Membership, 1 month
$42
$45
🎫 Cinema Ticket, 1 person
$6.85
$11.7
👩‍⚕️ Doctor's visit
$48.6
$171
💇 Haircut, simple
$13.5
$19.1
👖 Brand Jeans
$54.3
$57.2
👟 Brand Sneakers
$86.9
$112
👶 Daycare or Preschool, 1 month
$408
$1193
🏫 International Primary School, 1 year
$9581
$18553

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220

Cities near Virginia Beach

Distance City Cost of living
26 km or 16 mi Norfolk
$2788
29 km or 18 mi Chesapeake
$2282
33 km or 20 mi Portsmouth
$2462
40 km or 25 mi Hampton
$2005
51 km or 32 mi Newport News
$1997
58 km or 36 mi Suffolk
$2284
96 km or 60 mi Kill Devil Hills
$2108
127 km or 79 mi Hopewell
$2237
133 km or 82 mi Petersburg
$2229
152 km or 95 mi Richmond
$2139
156 km or 97 mi Roanoke Rapids
$2098
171 km or 106 mi Salisbury
$2169
187 km or 116 mi Greenville
$2020
192 km or 119 mi Rocky Mount
$2031
208 km or 129 mi Fredericksburg
$2241
215 km or 133 mi Wilson
$2063
215 km or 134 mi Waldorf
$2428
216 km or 134 mi New Bern
$1929
225 km or 140 mi Henderson
$2159
227 km or 141 mi Kinston
$2053
228 km or 142 mi Marumsco
$2522
229 km or 142 mi Woodbridge
$2592
234 km or 146 mi Havelock
$2014
237 km or 147 mi Alexandria
$2982
240 km or 149 mi Springfield
$2215
240 km or 149 mi Annapolis
$2849
243 km or 151 mi Goldsboro
$1787
244 km or 152 mi Bailey's Crossroads
$2535
245 km or 152 mi Bowie
$2362
246 km or 153 mi Washington
$3079
247 km or 154 mi Wake Forest
$2271
247 km or 154 mi Georgetown
$2844
249 km or 155 mi Manassas
$2426
251 km or 156 mi Fairfax
$2730
251 km or 156 mi Greenbelt
$2359
253 km or 157 mi College Park
$2369
255 km or 158 mi Lower Township
$2422
256 km or 159 mi Centreville
$3110
256 km or 159 mi Silver Spring
$2150
256 km or 159 mi Bethesda
$2685