Cost of Living Comparison Between New York, NY and Panama City, FL Cost of Living Comparison Between New York, NY and Panama City, FL

😐 Solo nomad: New York, NY is 43.4% more expensive than Panama City, FL without rent, and 61.3% more expensive with rent.

😐 Family of 3: New York, NY is 62.7% more expensive than Panama City, FL without rent, and 117.6% more expensive with rent.

Meal at Budget Restaurant

$30.05 $30.05

$18.89 $18.89

59.08%

Three-Course Dinner for Two, Mid-Range

$142 $142

$55.4 $55.4

156.51%

Fast Food Meal (McDonalds, etc)

$12.27 $12.27

$10.43 $10.43

17.64%

Cappuccino

$5.99 $5.99

$4.97 $4.97

20.52%

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

$3.31 $3.31

$2.77 $2.77

19.49%

Water (0.33 liter bottle)

$2.71 $2.71

$2.12 $2.12

27.83%

Local Beer (0.5 liter draught)

$8.23 $8.23

$4.95 $4.95

66.26%

Imported Beer (0.33 liter bottle)

$12.04 $12.04

$6.84 $6.84

76.02%

Milk (1 liter)

$1.53 $1.53

$0.92 $0.92

66.30%

White Bread (500g)

$5.19 $5.19

$3.33 $3.33

55.86%

Rice (white) (1kg)

$8.41 $8.41

$2.57 $2.57

227.24%

Eggs

$7.21 $7.21

$3.26 $3.26

121.17%

Local Cheese (1kg)

$17.68 $17.68

$10.86 $10.86

62.80%

Chicken Fillets (1kg)

$16.44 $16.44

$11.59 $11.59

41.85%

Beef Round Steak (1kg)

$19.98 $19.98

$15.06 $15.06

32.67%

Apples (1kg)

$7.34 $7.34

$3.57 $3.57

105.60%

Banana (1kg)

$2.48 $2.48

$1.53 $1.53

62.09%

Oranges (1kg)

$5.70 $5.70

$2.81 $2.81

102.85%

Tomato (1kg)

$6.55 $6.55

$4.04 $4.04

62.13%

Potato (1kg)

$3.85 $3.85

$3.21 $3.21

19.94%

Onion (1kg)

$3.96 $3.96

$2.73 $2.73

45.05%

Lettuce (1 head)

$3.09 $3.09

$2.09 $2.09

47.85%

Water (1.5 liter bottle)

$2.48 $2.48

$2.02 $2.02

22.77%

Cigarettes 20 Pack (Marlboro, Camel)

$19.19 $19.19

$7.94 $7.94

141.69%

Wine (Bottle)

$18.35 $18.35

$13.38 $13.38

37.14%

Local Beer (0.5 liter bottle)

$2.99 $2.99

$1.78 $1.78

67.98%

Imported Beer (0.33 liter bottle)

$3.81 $3.81

$3.06 $3.06

24.51%

One-way Ticket (Public Transport)

$2.95 $2.95

$1.48 $1.48

99.32%

Public Transport Monthly Pass (Regular Price)

$134 $134

-0.04%

Taxi Start (Normal Tariff)

$4.92 $4.92

$2.53 $2.53

94.47%

Taxi (Normal Tariff) (1km)

$2.11 $2.11

$1.50 $1.50

40.67%

Taxi 1hour Waiting (Normal Tariff)

$42.15 $42.15

$26.50 $26.50

59.06%

Gasoline (1 liter)

$0.97 $0.97

$0.86 $0.86

12.79%

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

$35.3K $35.3K

$22.9K $22.9K

54.18%

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

$27.5K $27.5K

$24.4K $24.4K

12.83%

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

$182 $182

$214 $214

-14.97%

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

$59.3 $59.3

$42.62 $42.62

39.21%

Internet (50+ Mbps, Unlimited Data)

$62.9 $62.9

$66.0 $66.0

-4.83%

Gym Membership (Monthly)

$142 $142

$40.27 $40.27

251.50%

Tennis Court (1 Hour on Weekend)

$65.2 $65.2

Cinema Ticket

$20.25 $20.25

$12.86 $12.86

57.47%

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

$3,193 $3,193

$517 $517

517.25%

International Primary School, 1 Child (Yearly)

$57.7K $57.7K

$7,980 $7,980

623.23%

Jeans (Levis 501 Or Similar)

$68.0 $68.0

$39.21 $39.21

73.45%

Summer Dress (H&M, Zara, etc)

$47.71 $47.71

$43.35 $43.35

10.06%

Sport Shoes (Adidas, Nike)

$114 $114

$58.9 $58.9

93.99%

Men's Leather Business Shoes

$171 $171

$74.3 $74.3

130.14%

1-bedroom Apartment, City Center (Monthly)

$4,152 $4,152

$1,706 $1,706

143.46%

1-bedroom Apartment, Outside City Center (Monthly)

$2,695 $2,695

$1,500 $1,500

79.71%

3-bedroom Apartment, City Center (Monthly)

$8,492 $8,492

$2,315 $2,315

266.87%

3-bedroom Apartment, Outside City Center (Monthly)

$5,225 $5,225

$1,749 $1,749

198.66%

Buy Apartment in City Center (m2)

$21.5K $21.5K

$3,649 $3,649

490.12%

Buy Apartment Outside City Center (m2)

$10.0K $10.0K

$3,699 $3,699

170.83%

Average Monthly Net Salary (After Tax)

$5,197 $5,197

$3,988 $3,988

30.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.44

6.43

0.16%

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

Last update for New York, NY: January 12, 2026

Last update for Panama City, FL: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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

Digital Nomad Cost of Living Index

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