Cost of living comparison

compared to

Tegucigalpa vs. Panama City Cost of Living Summary

Tegucigalpa is 28.7% cheaper than Panama City.

Restaurants: pay 22.8% less in Tegucigalpa
Groceries: pay 36.3% less in Tegucigalpa
Transportation: pay 6.3% more in Tegucigalpa
Housing: pay 50.9% less in Tegucigalpa
Childcare: pay 48.0% less in Tegucigalpa
Entertainment and Sports: pay 40.8% less in Tegucigalpa
Clothing: pay 8.3% less in Tegucigalpa

Expenses including housing, childcare, entertainment and sports, groceries, restaurants, and clothing are lower in Tegucigalpa.

Tegucigalpa vs. Panama City Cost Breakdown

If you lived in Tegucigalpa instead of Panama City, you would:

Display currency: USD

pay 22.8% less for restaurants

	Panama City	Tegucigalpa
Basic meal with drink at inexpensive restaurant	$10.00 PAB10.00	$5.86 HNL153.78	-41.4%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$7.62 HNL200.03	-4.8%
Bottle of Coca-Cola (11 fl. oz)	$1.70 PAB1.70	$1.21 HNL31.88	-28.5%
Bottle of water (11 fl. oz)	$1.33 PAB1.33	$1.12 HNL29.33	-16.3%
Average			-22.8%

Panama City vs. Tegucigalpa - Cost of restaurants

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pay 36.3% less for groceries

	Panama City	Tegucigalpa
Bread 1 loaf	$2.56 PAB2.56	$2.09 HNL55.01	-18.2%
Local cheese (8 oz)	$5.81 PAB5.81	$3.31 HNL86.86	-43.1%
Milk (1 gallon)	$6.82 PAB6.82	$5.33 HNL140.05	-21.8%
Eggs 1 dozen	$2.84 PAB2.84	$2.06 HNL54.01	-27.7%
Boneless chicken breast (1 lb)	$3.29 PAB3.29	$1.71 HNL44.89	-48.1%
Apples (1 lb)	$1.65 PAB1.65	$1.09 HNL28.61	-33.8%
Bananas (1 lb)	$0.70 PAB0.70	$0.67 HNL17.53	-5.1%
Oranges (1 lb)	$1.40 PAB1.40	$0.52 HNL13.61	-62.9%
Tomatoes (1 lb)	$1.46 PAB1.46	$0.68 HNL17.95	-53.2%
Potatoes (1 lb)	$1.00 PAB1.00	$0.89 HNL23.34	-10.8%
Onions (1 lb)	$1.37 PAB1.37	$0.35 HNL9.07	-74.7%
Average			-36.3%

Panama City vs. Tegucigalpa - Cost of groceries

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pay 6.3% more for transportation

	Panama City	Tegucigalpa
Gasoline (1 gallon)	$3.44 PAB3.44	$3.95 HNL103.69	+14.8%
Monthly public transit pass	$22.50 PAB22.50	??
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$19,045.00 HNL500,078.03	-3.6%
Taxi trip in downtown area (5 miles)	$26.50 PAB26.50	$28.57 HNL750.12	+7.8%
Average			+6.3%

Panama City vs. Tegucigalpa - Cost of transportation

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pay 50.9% less for housing

	Panama City	Tegucigalpa
Internet connection 50 mbps or faster, cable/dsl	$49.20 PAB49.20	$40.77 HNL1,070.61	-17.1%
1-Bedroom apartment in downtown area	$1,164.71 PAB1,164.71	$279.33 HNL7,334.48	-76.0%
1-Bedroom apartment outside city center	$953.85 PAB953.85	$234.89 HNL6,167.63	-75.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$95.90 PAB95.90	$62.32 HNL1,636.26	-35.0%
Average			-50.9%

Panama City vs. Tegucigalpa - Cost of housing

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pay 48.0% less for childcare

	Panama City	Tegucigalpa
Private preschool for 1 child, monthly	$476.00 PAB476.00	$247.59 HNL6,501.01	-48.0%
Middle school for 1 child, two semesters	$15,733.33 PAB15,733.33	??
Average			-48.0%

Panama City vs. Tegucigalpa - Cost of childcare

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pay 40.8% less for entertainment and sports

	Panama City	Tegucigalpa
Domestic/local beer (1 pint)	$3.00 PAB3.00	$1.14 HNL30.00	-61.9%
Cappuccino in mid-range area	$3.61 PAB3.61	$2.28 HNL59.85	-36.9%
Pack of cigarettes Marlboro or similar	$5.92 PAB5.92	$2.48 HNL65.01	-58.2%
Monthly membership at local gym	$43.86 PAB43.86	$35.80 HNL940.15	-18.4%
Movie ticket to theater/cinema	$8.00 PAB8.00	$5.71 HNL150.02	-28.6%
Average			-40.8%

Panama City vs. Tegucigalpa - Cost of entertainment and sports

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pay 8.3% less for clothing

	Panama City	Tegucigalpa
Regular jeans Levi's brand	$50.00 PAB50.00	$45.71 HNL1,200.19	-8.6%
Regular dress from H&M or similar store	$47.50 PAB47.50	$35.55 HNL933.48	-25.2%
Running shoes Nike or Adidas	$89.55 PAB89.55	$107.92 HNL2,833.78	+20.5%
Men's business shoes (leather)	$126.88 PAB126.88	$101.57 HNL2,667.08	-19.9%
Average			-8.3%

Panama City vs. Tegucigalpa - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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