Where you live now
Mexico CityMexico
MX$31,381
per month
Cost of living: Mexico City vs Panama City
Choose where you live now and another city. You'll see what a normal month costs in each: rent, food, transport, bills and going out.
Household
Rent
Popular:London vs New YorkLisbon vs LondonHong Kong vs SingaporeNew York vs TokyoBerlin vs LondonDubai vs London
Panama City is 16% more expensive than Mexico City.
Monthly cost for one person, renting in the city centre. Includes rent, food, transport, bills and going out.
City to compare
Panama CityPanama
$1,951
per month, about MX$36,452
Monthly costs by category
Show amounts in
| Category | Mexico City | Panama City | Difference |
|---|---|---|---|
| Rent | 18,683 | 20,551 | +10% |
| Groceries | 4,608 | 5,480 | +19% |
| Eating out | 2,731 | 3,759 | +38% |
| Getting around | 1,279 | 1,673 | +31% |
| Bills | 2,607 | 3,188 | +22% |
| Going out | 1,109 | 1,412 | +27% |
| Clothes | 364 | 390 | +7% |
| Total per month | 31,381 | 36,452 | +16% |
Panama City is 16% more expensive than Mexico City for one person renting in the city centre. The biggest gap is eating out (+38%); clothes is the closest (+7%). Someone spending MX$31,381 a month in Mexico City would need about $1,951 in Panama City for the same lifestyle. Rent takes 56% of the monthly budget in Panama City and 60% in Mexico City.
Panama City: no reports yet, so these numbers are starting estimates from the city's overall price level.How this is calculated
Prices
Everyday prices in Panama City
The typical price people paid recently, and how it compares with Mexico City. "Estimated" means we don't have many reports yet.
Show amounts in
| Item | Typical price | What people paid | vs Mexico City | Reports |
|---|---|---|---|---|
| Cappuccino, regularEstimated | MX$51.97 | +38% vs Mexico City | 0 reports | |
| Meal at an inexpensive restaurantEstimated | MX$223 | +42% vs Mexico City | 0 reports | |
| Monthly public transport passEstimated | MX$1,397 | +31% vs Mexico City | 0 reports | |
| 1-bedroom flat, city centreEstimated | MX$20,551 | +10% vs Mexico City | 0 reports | |
| 1-bedroom flat, outside the centreEstimated | MX$14,797 | +10% vs Mexico City | 0 reports | |
| Milk, 1 LEstimated | MX$17.27 | +17% vs Mexico City | 0 reports | |
| Eggs, 12Estimated | MX$62.77 | +21% vs Mexico City | 0 reports | |
| Chicken fillets, 1 kgEstimated | MX$173 | +17% vs Mexico City | 0 reports | |
| Electricity, water, heating and cooling for 85 m²Estimated | MX$2,491 | +24% vs Mexico City | 0 reports | |
| Home internet, 60 Mbps or fasterEstimated | MX$816 | +21% vs Mexico City | 0 reports | |
| Mobile plan with calls and 10 GB+ dataEstimated | MX$753 | +21% vs Mexico City | 0 reports | |
| Gym membership, monthlyEstimated | MX$1,009 | +27% vs Mexico City | 0 reports | |
| Cinema ticketEstimated | MX$202 | +27% vs Mexico City | 0 reports | |
| Jeans, Levi's 501 or similarEstimated | MX$1,054 | +7% vs Mexico City | 0 reports |
Most reports (10th–90th percentile)
Middle half of reports
Same item in Mexico City
All prices in Panama City
Method
Where the numbers come from
People who live in each city share what they paid. Every price is checked before it counts.
People share prices
Anyone can add what they paid, in their own currency. No account needed. A quick automatic check keeps bots out.
We check every price
Typos, wrong currencies and impossible amounts are caught. An unusual price only counts after someone else reports something similar.
We work out the typical price
We use the middle price of recent reports. When a city has only a few reports, we estimate the rest and label it "Estimated".
No reports in the last 30 days yet. When they arrive, you'll see here how many were counted, held for a second opinion or turned down.
Rankings
Most and least expensive cities
Monthly cost for one person renting in the city centre, in Mexican pesos. Pick a city to compare it with Mexico City. See all 118 cities
Most expensive
Comparisons
Popular comparisons
Cities people often weigh up against each other. Monthly cost for one person, rent in the centre included.
- London vs New YorkMX$77,423 → MX$106,326+37%
- Lisbon vs LondonMX$41,878 → MX$77,423+85%
- Hong Kong vs SingaporeMX$61,641 → MX$79,608+29%
- New York vs TokyoMX$106,326 → MX$36,910−65%
- Berlin vs LondonMX$43,332 → MX$77,423+79%
- Dubai vs LondonMX$62,015 → MX$77,423+25%
- Amsterdam vs BerlinMX$61,702 → MX$43,332−30%
- Barcelona vs MadridMX$41,598 → MX$40,189−3%
- Lisbon vs PortoMX$41,878 → MX$34,379−18%
- Melbourne vs SydneyMX$52,361 → MX$65,118+24%
- Toronto vs VancouverMX$56,097 → MX$57,966+3%
- Beijing vs ShanghaiMX$32,189 → MX$34,379+7%
- Osaka vs TokyoMX$29,415 → MX$36,910+25%
- Bangkok vs SingaporeMX$24,354 → MX$79,608+227%
- Mexico City vs New YorkMX$31,381 → MX$106,326+239%
- Seoul vs TokyoMX$36,632 → MX$36,910+1%
- London vs ParisMX$77,423 → MX$51,427−34%
- Dubai vs SingaporeMX$62,015 → MX$79,608+28%
- New York vs San FranciscoMX$106,326 → MX$90,614−15%
- Bangkok vs Chiang MaiMX$24,354 → MX$16,772−31%
- Buenos Aires vs São PauloMX$24,584 → MX$24,6790%
- London vs SydneyMX$77,423 → MX$65,118−16%
- Austin vs San FranciscoMX$57,645 → MX$90,614+57%
- Hong Kong vs TaipeiMX$61,641 → MX$26,613−57%
Directory
Browse cities by region
Rent, groceries, eating out and monthly budgets for every city we cover.
Asia 33
Europe 37
Americas 25
Middle East & Africa 17
FAQ
Mexico City vs Panama City: common questions
Is Panama City cheaper than Mexico City?
No. One person renting a 1-bedroom flat in the centre spends about $1,951 (about MX$36,452) a month in Panama City, against MX$31,381 in Mexico City: 16% more.
How much is rent in Panama City compared with Mexico City?
A 1-bedroom flat in the centre of Panama City rents for about $1,100 (about MX$20,551) a month, +10% compared with MX$18,683 in Mexico City. Outside the centre it's about $792 against MX$13,451.
How much money do I need to move from Mexico City to Panama City?
To keep the lifestyle that costs MX$31,381 a month in Mexico City, plan on about $1,951 in Panama City for one person. A family of four would need about $5,525, compared with MX$85,967 in Mexico City.
How much does eating out cost in Panama City vs Mexico City?
A meal at an inexpensive restaurant is about $11.95 (about MX$223) in Panama City and MX$157 in Mexico City. A regular cappuccino is about $2.78 against MX$37.67.
Know what things cost where you live?
Add what you paid for rent, groceries or a bus ticket. It takes about a minute and you don't need an account.
- Anonymous. We never ask for your name or email.
- Enter prices in your own currency. We convert them.
- You'll see how your prices compare as soon as you type them.