Cost of Living Comparison Between Panama City, FL and Chicago, IL Cost of Living Comparison Between Panama City, FL and Chicago, IL

🙂 Solo nomad: Panama City, FL is 4.3% cheaper than Chicago, IL without rent, and 7.8% cheaper with rent.

🙂 Family of 3: Panama City, FL is 27% cheaper than Chicago, IL without rent, and 27.8% cheaper with rent.

Meal at Budget Restaurant

$18.66 $18.66

$20.82 $20.82

-10.37%

Three-Course Dinner for Two, Mid-Range

$54.1 $54.1

$100 $100

-46.07%

Fast Food Meal (McDonalds, etc)

$10.32 $10.32

$11.97 $11.97

-13.78%

Cappuccino

$4.9 $4.9

$5.56 $5.56

-11.87%

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

$2.68 $2.68

$3.11 $3.11

-13.83%

Water (0.33 liter bottle)

$2.12 $2.12

$2.42 $2.42

-12.40%

Local Beer (0.5 liter draught)

$5.11 $5.11

$6.86 $6.86

-25.51%

Imported Beer (0.33 liter bottle)

$6.65 $6.65

$8.45 $8.45

-21.30%

Milk (1 liter)

$0.93 $0.93

$1.04 $1.04

-10.58%

White Bread (500g)

$3.19 $3.19

$4.15 $4.15

-23.13%

Rice (white) (1kg)

$2.59 $2.59

$5.52 $5.52

-53.08%

Eggs

$3.18 $3.18

$4.65 $4.65

-31.61%

Local Cheese (1kg)

$10.82 $10.82

$14.33 $14.33

-24.49%

Chicken Fillets (1kg)

$11.6 $11.6

$14.88 $14.88

-22.04%

Beef Round Steak (1kg)

$14.9 $14.9

$19.34 $19.34

-22.96%

Apples (1kg)

$3.46 $3.46

$5.17 $5.17

-33.08%

Banana (1kg)

$1.57 $1.57

$1.71 $1.71

-8.19%

Oranges (1kg)

$2.88 $2.88

$4.41 $4.41

-34.69%

Tomato (1kg)

$4.17 $4.17

$4.51 $4.51

-7.54%

Potato (1kg)

$3.17 $3.17

$2.53 $2.53

25.30%

Onion (1kg)

$2.74 $2.74

Lettuce (1 head)

$2.12 $2.12

$2.43 $2.43

-12.76%

Water (1.5 liter bottle)

$1.95 $1.95

$2.7 $2.7

-27.78%

Cigarettes 20 Pack (Marlboro, Camel)

$8.21 $8.21

$15.19 $15.19

-45.95%

Wine (Bottle)

$9.13 $9.13

$16.42 $16.42

-44.40%

Local Beer (0.5 liter bottle)

$1.75 $1.75

$2.35 $2.35

-25.53%

Imported Beer (0.33 liter bottle)

$3.15 $3.15

$3.7 $3.7

-14.86%

One-way Ticket (Public Transport)

$1.49 $1.49

$2.53 $2.53

-41.11%

Public Transport Monthly Pass (Regular Price)

$132 $132

$74.1 $74.1

78.63%

Taxi Start (Normal Tariff)

$2.43 $2.43

$3.34 $3.34

-27.25%

Taxi (Normal Tariff) (1km)

$1.51 $1.51

$1.42 $1.42

6.34%

Taxi 1hour Waiting (Normal Tariff)

$25.81 $25.81

$25.42 $25.42

1.53%

Gasoline (1 liter)

$0.81 $0.81

$1.08 $1.08

-25.00%

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

$22.6K $22.6K

$32.4K $32.4K

-30.44%

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

$24.7K $24.7K

$26.2K $26.2K

-5.81%

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

$221 $221

$188 $188

17.52%

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

$42.87 $42.87

$63.7 $63.7

-32.70%

Internet (50+ Mbps, Unlimited Data)

$66.5 $66.5

$65.2 $65.2

1.99%

Gym Membership (Monthly)

$39.64 $39.64

$76.7 $76.7

-48.33%

Tennis Court (1 Hour on Weekend)

$13.03 $13.03

Cinema Ticket

$13.13 $13.13

$14.93 $14.93

-12.06%

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

$529 $529

$2,063 $2,063

-74.37%

International Primary School, 1 Child (Yearly)

$8,103 $8,103

$39.2K $39.2K

-79.32%

Jeans (Levis 501 Or Similar)

$38.64 $38.64

$64.3 $64.3

-39.92%

Summer Dress (H&M, Zara, etc)

$42.44 $42.44

$52.4 $52.4

-18.99%

Sport Shoes (Adidas, Nike)

$59.1 $59.1

$95.2 $95.2

-37.95%

Men's Leather Business Shoes

$75 $75

$145 $145

-48.13%

1-bedroom Apartment, City Center (Monthly)

$1,675 $1,675

$2,378 $2,378

-29.55%

1-bedroom Apartment, Outside City Center (Monthly)

$1,492 $1,492

$1,584 $1,584

-5.82%

3-bedroom Apartment, City Center (Monthly)

$2,308 $2,308

$4,763 $4,763

-51.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,783 $1,783

$2,815 $2,815

-36.64%

Buy Apartment in City Center (m2)

$3,593 $3,593

$3,588 $3,588

0.15%

Buy Apartment Outside City Center (m2)

$3,594 $3,594

$2,490 $2,490

44.31%

Average Monthly Net Salary (After Tax)

$3,977 $3,977

$5,275 $5,275

-24.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

6.6

-2.58%

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

Last update for Panama City, FL: October 27, 2025

Last update for Chicago, IL: October 29, 2025

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