Panama City vs Willemstad - Cost of Living Comparison

Updated: March 11, 2026

	Panama City	Willemstad
🚶 Cost of living one person	$1583	$1611
👨‍👩‍👧‍👦 Cost of living Family	$3567	$3757
🏠 One person rent	$976	$820
🏘️ Family rent	$1633	$1386
🍽️ Food expenses	$432	$562
🚐 Transport expenses	$69.1	$82.5
💳 Monthly salary after tax	$936	$1249
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	9 km
🎓 Higher education	42	9
😀 Quality of life	69	53
🏙️ Population	410K	150K

The cost of living in Panama City is 2% less expensive than in Willemstad. Cities ranked 3744th and 3611th ($1583 vs $1611) in the list of the most expensive cities in the world and ranked 1st and 1st in Panama and Curacao, respectively. Check Panama vs Curacao comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 0.8 months in Willemstad. Panama City ranked 1st best city to live in Panama vs Willemstad ranked 1st in Curacao, while ranked 4400th and 6474th among best cities to live in the world.

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the estimated difference in money purchasing power

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Prices in Panama City vs Willemstad

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

	Panama City	Willemstad
Eating Out
🍱 Lunch Menu	$10.6	$18.6
🥂 Dinner in a Restaurant, for 2	$45.3	$69.7
🥪 Fast food meal, equiv. McDonald's	$7.39	$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$5.57
☕ Cappuccino	$3.94	$3.48
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.71	$2.98
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1062	$699
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$794	$562
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1911	$1250
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1347	$1023
🔌 Utility Bill one person, electricity, heating, water, etc.	$82.5	$163
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$128	$250
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$67.8
🏦 Mortgage Interest Rate for 20 Years	6.26%	4.96%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3048	$833
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1725	$167
Transportation
🚌 Local transport ticket	$0.35	$1.93
🎟️ Monthly ticket local transport	$22.2	$44.7
🚕 Taxi Ride, 8 km or 5 mi	$17.4	$33.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.93	$1.14
Groceries
🥛 Milk, 1 L or 1 qt	$1.84	$1.81
🍞 Bread, 0.5 kg or 1.1 lb	$2.23	$2.33
🍚 Rice, 1 kg or 2.2 lb	$2.33	$3.45
🥚 Eggs, x12	$3.26	$3.72
🧀 Cheese, 1 kg or 2.2 lb	$11.2	$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.57	$7.8
🥩 Round Steak, 1 kg or 2.2 lb	$9.64	$9.91
🍏 Apples, 1 kg or 2.2 lb	$3.53	$4.88
🍌 Banana, 1 kg or 2.2 lb	$1.62	$2.92
🍊 Oranges, 1 kg or 2.2 lb	$3.29	$2.35
🍅 Tomato, 1 kg or 2.2 lb	$3.03	$4.46
🥔 Potato, 1 kg or 2.2 lb	$2.46	$3.18
🧅 Onion, 1 kg or 2.2 lb	$3.74	$2.38
🌊 Water, 1 L or 1 qt	$1.16	$1.93
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.41	$2.1
🍾 Wine (mid-priced), 750 mL bottle	$11.6	$13
🍺 Beer, 0.5 L or 16 fl oz	$1.44	$2.49
🚬 Cigarette pack	$6.04	$9.66
💊 Cold medicince, 1 week	$8.16	$8.32
🧴 Hair Shampoo	$8.03	$3.7
🧻 Toilet paper, 4 rolls	$2.96	$1.74
👄 Toothpaste, 1 tube	$3.04	$2.25
Other
🏋️ Gym Membership, 1 month	$42.8	$52.7
🎫 Cinema Ticket, 1 person	$7.3	$10.9
👩‍⚕️ Doctor's visit	$50.2	$47.5
💇 Haircut, simple	$14.5	$10.3
👖 Brand Jeans	$53.6	$102
👟 Brand Sneakers	$91.3	$163
👶 Daycare or Preschool, 1 month	$503	$326
🏫 International Primary School, 1 year	$13402	$12408

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	$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 Willemstad

Distance	City	Cost of living
24 km or 15 mi	Barber	$1578
71 km or 44 mi	Kralendijk	$2002
114 km or 71 mi	Coro	$571
128 km or 79 mi	Oranjestad	$1694
143 km or 89 mi	Punto Fijo	$733
199 km or 124 mi	San Felipe	$762
209 km or 130 mi	Puerto Cabello	$806
228 km or 142 mi	Yaritagua	$697
232 km or 144 mi	Barquisimeto	$670
234 km or 146 mi	Cabudare	$660
239 km or 148 mi	Guacara	$817
240 km or 149 mi	Valencia	$745
241 km or 150 mi	Los Guayos	$735
243 km or 151 mi	Tocuyito	$728
247 km or 153 mi	El Limon	$715
250 km or 155 mi	Carora	$712
253 km or 157 mi	Quibor	$696
254 km or 158 mi	Maracay	$754
254 km or 158 mi	Tinaquillo	$756
261 km or 162 mi	Santa Rita	$742
263 km or 164 mi	Turmero	$834
264 km or 164 mi	Palo Negro	$748
267 km or 166 mi	Catia La Mar	$1044
269 km or 167 mi	Cagua	$793
272 km or 169 mi	Maiquetia	$997
273 km or 170 mi	La Victoria	$818
276 km or 171 mi	La Guaira	$1015
276 km or 172 mi	El Tocuyo	$719
277 km or 172 mi	San Carlos	$807
283 km or 176 mi	Caracas	$1199
285 km or 177 mi	Araure	$744
286 km or 177 mi	Los Teques	$994
286 km or 178 mi	Acarigua	$749
303 km or 188 mi	San Juan de los Morros	$781
307 km or 191 mi	Charallave	$775
311 km or 194 mi	Cua	$726
319 km or 198 mi	Guatire	$918
319 km or 198 mi	Guarenas	$923
322 km or 200 mi	Santa Lucia	$780
324 km or 201 mi	Ocumare del Tuy	$605