Panama City vs Washington - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Washington
🚶 Cost of living one person	$1384	$3139
👨‍👩‍👧‍👦 Cost of living Family	$3435	$7694
🏠 One person rent	$751	$2066
🏘️ Family rent	$1474	$4004
🍽️ Food expenses	$444	$724
🚐 Transport expenses	$84.4	$157
💳 Monthly salary after tax	$914	$5811
😷 Air quality	Good	Good
✈️ Airport proximity	7 km	5 km
🎓 Higher education	42	100
😀 Quality of life	66	94
🏙️ Population	881K	690K

The cost of living in Panama City is 56% less expensive than in Washington. Cities ranked 4139th and 93rd ($1384 vs $3139) in the list of the most expensive cities in the world and ranked 1st and 74th 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 1.9 months in Washington. Panama City ranked 1st best city to live in Panama vs Washington ranked 6th in the United States, while ranked 3919th and 41st among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama City vs Washington infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/panama-city/washington.jpg" alt="Cost of living in Panama City vs Washington infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/panama-city/washington" target="_blank">Panama City vs Washington - Cost of Living Comparison</a></p>

Prices in Panama City vs Washington

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

	Panama City	Washington
Eating Out
🍱 Lunch Menu	$12.3	$22.2
🥂 Dinner in a Restaurant, for 2	$55.2	$89.8
🥪 Fast food meal, equiv. McDonald's	$7.6	$12
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$8.31
☕ Cappuccino	$4.25	$5.45
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$2.72
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$2248
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$1786
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$4843
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$3476
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$122
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$189
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$65
🏦 Mortgage Interest Rate for 20 Years	6.12%	6.51%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$9758
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$6572
Transportation
🚌 Local transport ticket	$0.35	$2.63
🎟️ Monthly ticket local transport	$26.2	$80.4
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$22.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.13
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$3.65
🍚 Rice, 1 kg or 2.2 lb	$2.08	$4.18
🥚 Eggs, x12	$2.67	$5.36
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$15.3
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$15.3
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$18.5
🍏 Apples, 1 kg or 2.2 lb	$3.11	$5.12
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.91
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$5.27
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$5.53
🥔 Potato, 1 kg or 2.2 lb	$2.19	$3.05
🧅 Onion, 1 kg or 2.2 lb	$2.5	$3.48
🌊 Water, 1 L or 1 qt	$1	$1.7
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$3.1
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$16.5
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$3.01
🚬 Cigarette pack	$5.89	$12.1
💊 Cold medicince, 1 week	$10.5	$9.26
🧴 Hair Shampoo	$6.97	$4.83
🧻 Toilet paper, 4 rolls	$3.12	$4.96
👄 Toothpaste, 1 tube	$3.06	$2.56
Other
🏋️ Gym Membership, 1 month	$43.8	$99.1
🎫 Cinema Ticket, 1 person	$6.71	$16.4
👩‍⚕️ Doctor's visit	$49.1	$106
💇 Haircut, simple	$13.7	$32.5
👖 Brand Jeans	$54.3	$73.1
👟 Brand Sneakers	$90.2	$109
👶 Daycare or Preschool, 1 month	$437	$2258
🏫 International Primary School, 1 year	$9531	$23453

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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 Washington

Distance	City	Cost of living
2.5 km or 1.5 mi	Georgetown	$2890
9.5 km or 5.9 mi	Bailey's Crossroads	$2553
10 km or 6.3 mi	Alexandria	$2982
11 km or 6.8 mi	Bethesda	$2701
12 km or 7.5 mi	Silver Spring	$2179
15 km or 9.2 mi	College Park	$2537
17 km or 11 mi	Springfield	$2279
17 km or 11 mi	Greenbelt	$2436
23 km or 14 mi	Rockville	$2505
24 km or 15 mi	Fairfax	$2777
26 km or 16 mi	Bowie	$2417
27 km or 17 mi	Laurel	$2299
28 km or 17 mi	Reston	$2675
30 km or 19 mi	Waldorf	$2575
31 km or 19 mi	Gaithersburg	$2626
32 km or 20 mi	Herndon	$2447
34 km or 21 mi	Woodbridge	$2583
34 km or 21 mi	Marumsco	$2504
36 km or 22 mi	Centreville	$3236
37 km or 23 mi	Germantown	$2775
38 km or 23 mi	Columbia	$2664
41 km or 26 mi	Manassas	$2599
42 km or 26 mi	Ashburn	$2807
47 km or 29 mi	Annapolis	$2917
49 km or 31 mi	Catonsville	$2363
51 km or 32 mi	Leesburg	$2238
57 km or 35 mi	Eldersburg	$2405
57 km or 35 mi	Baltimore	$2223
61 km or 38 mi	Owings Mills	$2498
68 km or 42 mi	Frederick	$2281
76 km or 47 mi	Fredericksburg	$2202
83 km or 52 mi	Charles Town	$1823
87 km or 54 mi	Edgewood	$2887
92 km or 57 mi	Bel Air South	$2693
93 km or 58 mi	Bel Air North	$2619
102 km or 63 mi	Hanover	$2140
102 km or 63 mi	Hagerstown	$1955
103 km or 64 mi	Winchester	$2294
106 km or 66 mi	Waynesboro	$1975
122 km or 76 mi	York	$1948