Cost of living comparison

compared to

Panama City vs. Washington Cost of Living Summary

Panama City is 43.2% cheaper than Washington.

Restaurants: pay 37.5% less in Panama City
Groceries: pay 27.2% less in Panama City
Transportation: pay 35.1% less in Panama City
Housing: pay 45.0% less in Panama City
Childcare: pay 77.2% less in Panama City
Entertainment and Sports: pay 53.2% less in Panama City
Clothing: pay 27.2% less in Panama City

Expenses including childcare, entertainment and sports, housing, restaurants, transportation, and groceries are lower in Panama City.

Panama City vs. Washington Cost Breakdown

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

Display currency: USD

pay 37.5% less for restaurants

	Washington	Panama City
Basic meal with drink at inexpensive restaurant	$25.00	$13.25 PAB13.25	-47.0%
Fast food combo meal McDonalds, or similar	$12.00	$8.00 PAB8.00	-33.3%
Bottle of Coca-Cola (11 fl. oz)	$2.78	$1.86 PAB1.86	-33.2%
Bottle of water (11 fl. oz)	$2.22	$1.41 PAB1.41	-36.3%
Average			-37.5%

Washington vs. Panama City - Cost of restaurants

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pay 27.2% less for groceries

	Washington	Panama City
Bread 1 loaf	$4.34	$2.51 PAB2.51	-42.3%
Local cheese (8 oz)	$7.84	$6.39 PAB6.39	-18.5%
Milk (1 gallon)	$4.14	$6.80 PAB6.80	+64.1%
Eggs 1 dozen	$3.91	$2.68 PAB2.68	-31.5%
Boneless chicken breast (1 lb)	$6.73	$3.41 PAB3.41	-49.4%
Apples (1 lb)	$2.70	$1.48 PAB1.48	-45.1%
Bananas (1 lb)	$0.85	$0.72 PAB0.72	-15.1%
Oranges (1 lb)	$2.46	$1.24 PAB1.24	-49.6%
Tomatoes (1 lb)	$2.59	$1.40 PAB1.40	-46.1%
Potatoes (1 lb)	$1.55	$0.98 PAB0.98	-36.5%
Onions (1 lb)	$1.61	$1.15 PAB1.15	-28.8%
Average			-27.2%

Washington vs. Panama City - Cost of groceries

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pay 35.1% less for transportation

	Washington	Panama City
Gasoline (1 gallon)	$3.66	$3.69 PAB3.69	+0.9%
Monthly public transit pass	$75.00	$25.00 PAB25.00	-66.7%
New Volkswagen Golf 1.4 (standard edition)	$35,699.74	$19,750.00 PAB19,750.00	-44.7%
Taxi trip in downtown area (5 miles)	$23.88	$16.71 PAB16.71	-30.1%
Average			-35.1%

Washington vs. Panama City - Cost of transportation

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pay 45.0% less for housing

	Washington	Panama City
Internet connection 50 mbps or faster, cable/dsl	$66.46	$52.10 PAB52.10	-21.6%
1-Bedroom apartment in downtown area	$2,582.95	$1,023.81 PAB1,023.81	-60.4%
1-Bedroom apartment outside city center	$2,028.70	$755.88 PAB755.88	-62.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$146.65	$94.84 PAB94.84	-35.3%
Average			-45.0%

Washington vs. Panama City - Cost of housing

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pay 77.2% less for childcare

	Washington	Panama City
Private preschool for 1 child, monthly	$2,273.25	$439.17 PAB439.17	-80.7%
Middle school for 1 child, two semesters	$38,250.00	$10,092.67 PAB10,092.67	-73.6%
Average			-77.2%

Washington vs. Panama City - Cost of childcare

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pay 53.2% less for entertainment and sports

	Washington	Panama City
Domestic/local beer (1 pint)	$8.00	$3.00 PAB3.00	-62.5%
Cappuccino in mid-range area	$5.55	$3.59 PAB3.59	-35.3%
Pack of cigarettes Marlboro or similar	$11.75	$5.50 PAB5.50	-53.2%
Monthly membership at local gym	$106.36	$47.27 PAB47.27	-55.6%
Movie ticket to theater/cinema	$17.18	$7.00 PAB7.00	-59.3%
Average			-53.2%

Washington vs. Panama City - Cost of entertainment and sports

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pay 27.2% less for clothing

	Washington	Panama City
Regular jeans Levi's brand	$74.13	$53.91 PAB53.91	-27.3%
Regular dress from H&M or similar store	$50.77	$37.78 PAB37.78	-25.6%
Running shoes Nike or Adidas	$105.47	$87.62 PAB87.62	-16.9%
Men's business shoes (leather)	$178.48	$108.75 PAB108.75	-39.1%
Average			-27.2%

Washington vs. Panama City - 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: April 2025

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