Last update: Oct 2026

Cost of Living Comparison Between Itumbiara and Panama City

For one person, living is cheaper in Itumbiara: $832 a month against $1,855 in Panama City, rent and utilities included – about $12,300 less a year. Rent and utilities account for most of the difference.

40

Cost of Living Index in Itumbiara
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Itumbiara Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Itumbiara

🇧🇷 Brazil

$832

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

How much you'll spend in Itumbiara and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Itumbiara and in Panama City actually costs, broken down by who's living it.

A single person spends $832 per month in Itumbiara vs $1,855 in Panama City, rent included.

Itumbiara $832
Panama City $1,855

A couple spends around $1,323 per month in Itumbiara vs $2,804 in Panama City, rent included.

Itumbiara $1,323
Panama City $2,804

A family of three spends $1,815 per month in Itumbiara vs $3,753 in Panama City, rent included.

Itumbiara $1,815
Panama City $3,753

Itumbiara is about 55% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Itumbiara sits 38% below the global median, while Panama City is 37% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.06 R$30.74

$11.63 PAB 11.63

-47.89%

Three-Course Dinner for Two, Mid-Range

$24.50 R$124

$47.92 PAB 47.92

-48.87%

Fast Food Meal (McDonalds, etc)

$7.14 R$36.21

$7.96 PAB 7.96

-10.30%

Cappuccino

$1.73 R$8.79

$4.22 PAB 4.22

-59.00%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.76 R$3.85

$2.01 PAB 2.01

-62.19%

Water (0.33 liter bottle)

$0.49 R$2.46

$1.56 PAB 1.56

-68.59%

Local Beer (0.5 liter draught)

$0.99 R$5.02

$3.39 PAB 3.39

-70.80%

Imported Beer (0.33 liter bottle)

$1.37 R$6.95

$3.94 PAB 3.94

-65.23%

Milk (1 liter)

$1.01 R$5.11

$1.85 PAB 1.85

-45.41%

White Bread (500g)

$1.66 R$8.41

$2.56 PAB 2.56

-35.16%

Rice (white) (1kg)

$1.41 R$7.17

$3.48 PAB 3.48

-59.48%

Eggs

$1.92 R$9.73

$2.69 PAB 2.69

-28.62%

Local Cheese (1kg)

$7.89 R$39.99

$12.57 PAB 12.57

-37.23%

Chicken Fillets (1kg)

$3.92 R$19.90

$6.83 PAB 6.83

-42.61%

Beef Round Steak (1kg)

$6.83 R$34.62

$10.58 PAB 10.58

-35.44%

Apples (1kg)

$1.63 R$8.27

$4.18 PAB 4.18

-61.00%

Banana (1kg)

$1.77 R$8.97

$1.83 PAB 1.83

-3.28%

Oranges (1kg)

$0.88 R$4.48

$4.20 PAB 4.20

-79.05%

Tomato (1kg)

$2.03 R$10.31

$4.03 PAB 4.03

-49.63%

Potato (1kg)

$1.16 R$5.87

$3.48 PAB 3.48

-66.67%

Onion (1kg)

$1.51 R$7.65

$4.22 PAB 4.22

-64.22%

Lettuce (1 head)

$0.83 R$4.19

$2.41 PAB 2.41

-65.56%

Water (1.5 liter bottle)

$0.84 R$4.25

$1.69 PAB 1.69

-50.30%

Cigarettes 20 Pack (Marlboro, Camel)

$1.48 R$7.49

$6.14 PAB 6.14

-75.90%

Wine (Bottle)

$10.49 R$53.2

$11.30 PAB 11.30

-7.17%

Local Beer (0.5 liter bottle)

$2.10 R$10.64

$1.42 PAB 1.42

47.89%

Imported Beer (0.33 liter bottle)

$1.67 R$8.48

$2.73 PAB 2.73

-38.83%

One-way Ticket (Public Transport)

$0.92 R$4.68

$0.33 PAB 0.33

178.79%

Public Transport Monthly Pass (Regular Price)

$43.73 R$222

$21.23 PAB 21.23

105.98%

Taxi Start (Normal Tariff)

$1.33 R$6.75

$2.52 PAB 2.52

-47.22%

Taxi (Normal Tariff) (1km)

$1.12 R$5.66

$1.86 PAB 1.86

-39.78%

Taxi 1hour Waiting (Normal Tariff)

$6.00 R$30.42

$21.78 PAB 21.78

-72.45%

Gasoline (1 liter)

$0.95 R$4.79

$1.25 PAB 1.25

-24.00%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$15.0K R$76.3K

$21.2K PAB 21.2K

-29.14%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.2K R$168.4K

$21.0K PAB 21.0K

58.00%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$39.79 R$202

$130 PAB 130

-69.35%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$9.23 R$46.81

$28.13 PAB 28.13

-67.19%

Internet (50+ Mbps, Unlimited Data)

$21.97 R$111

$48.21 PAB 48.21

-54.43%

Gym Membership (Monthly)

$35.27 R$179

$45.78 PAB 45.78

-22.96%

Tennis Court (1 Hour on Weekend)

$27.82 R$141

$34.92 PAB 34.92

-20.33%

Cinema Ticket

$6.15 R$31.17

$8.67 PAB 8.67

-29.07%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$425 R$2,156

$544 PAB 544

-21.86%

International Primary School, 1 Child (Yearly)

$8,329 R$42.2K

$9,697 PAB 9,697

-14.11%

Jeans (Levis 501 Or Similar)

$20.13 R$102

$66.8 PAB 66.8

-69.84%

Summer Dress (H&M, Zara, etc)

$69.1 R$350

$49.14 PAB 49.14

40.52%

Sport Shoes (Adidas, Nike)

$86.7 R$439

$93.9 PAB 93.9

-7.66%

Men's Leather Business Shoes

$104 R$529

$112 PAB 112

-6.44%

1-bedroom Apartment, City Center (Monthly)

$354 R$1,792

$1,257 PAB 1,257

-71.87%

1-bedroom Apartment, Outside City Center (Monthly)

$239 R$1,211

$875 PAB 875

-72.71%

3-bedroom Apartment, City Center (Monthly)

$661 R$3,351

$2,155 PAB 2,155

-69.33%

3-bedroom Apartment, Outside City Center (Monthly)

$463 R$2,345

$1,564 PAB 1,564

-70.41%

Buy Apartment in City Center (m2)

$1,860 R$9,430

$3,122 PAB 3,122

-40.42%

Buy Apartment Outside City Center (m2)

$1,107 R$5,614

$1,709 PAB 1,709

-35.21%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

10.95

6.39

71.36%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Itumbiara: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Itumbiara

$239 28.7%

Panama City

$875 47.2% 266% $636

Groceries & Markets

Itumbiara

$191 23%

Panama City

$325 17.5% 70.3% $134

Clothing & Footwear

Itumbiara

$126 15.2%

Panama City

$145 7.8% 14.7% $18

Eating Out

Itumbiara

$103 12.4%

Panama City

$207 11.1% 99.8% $103

Monthly Utilities & Internet

Itumbiara

$71 8.5%

Panama City

$206 11.1% 190% $135

Getting Around

Itumbiara

$54 6.5%

Panama City

$34 1.9% 36.7% $20

Sport & Entertainment

Itumbiara

$48 5.7%

Panama City

$63 3.4% 32.7% $16

Cost Breakdown

A central one-bedroom costs $354 in Itumbiara versus $1,257 in Panama City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $25.00 in Itumbiara versus $48.00 in Panama City. Monthly groceries follow the same trend: $191 vs $325 – making Itumbiara the more affordable choice for daily food spending.

Good to know

🇧🇷 Itumbiara

🇵🇦 Panama City

🕒 Local time

01:17 1:17 AM

23:17 11:17 PM

2 h behind Itumbiara

🌤 Weather

👥 Population

107,970

1,086,990 Capital

💱 Currency

Brazilian Real BRL R$

Panamanian Balboa PAB B/.

📈 Exchange rate

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 19, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Panamanian Balboa exchange rates as of October 19, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to BRL in detail →

On the map

Lowest

Highest

Between locations

Itumbiara Panama City 4,510 km ≈ 6 h nonstop flight

From you

Itumbiara
Panama City

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Itumbiara vs Panama City: Cost of Living - Frequently Asked Questions

Panama City costs about 123% more than Itumbiara, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,248 per month in Itumbiara and $2,783 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Itumbiara, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 70% more in Panama City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $25.00 in Itumbiara and $48.00 in Panama City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Itumbiara, where all-in costs run around $832, than in Panama City at $1,855. In Itumbiara it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Itumbiara costs $832 versus $1,855 in Panama City. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

If budget matters most, go with Itumbiara. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.