Cost of Living Comparison Between Panama City, FL and Medellin Cost of Living Comparison Between Panama City, FL and Medellin

😐 Solo nomad: Panama City, FL is 117.5% more expensive than Medellin without rent, and 177.1% more expensive with rent.

😐 Family of 3: Panama City, FL is 74.2% more expensive than Medellin without rent, and 112.7% more expensive with rent.

Meal at Budget Restaurant

$18.66 $18.66

$6.23 COP 26K

199.52%

Three-Course Dinner for Two, Mid-Range

$54.1 $54.1

$32.34 COP 134.8K

67.32%

Fast Food Meal (McDonalds, etc)

$10.32 $10.32

$7.39 COP 30.8K

39.65%

Cappuccino

$4.9 $4.9

$1.72 COP 7,155

184.88%

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

$2.68 $2.68

$1.1 COP 4,575

143.64%

Water (0.33 liter bottle)

$2.12 $2.12

$0.73 COP 3,060

190.41%

Local Beer (0.5 liter draught)

$5.11 $5.11

$1.66 COP 6,916

207.83%

Imported Beer (0.33 liter bottle)

$6.65 $6.65

$3.2 COP 13.3K

107.81%

Milk (1 liter)

$0.93 $0.93

$1.09 COP 4,552

-14.68%

White Bread (500g)

$3.19 $3.19

$1.24 COP 5,188

157.26%

Rice (white) (1kg)

$2.59 $2.59

$1.33 COP 5,544

94.74%

Eggs

$3.18 $3.18

$2.22 COP 9,252

43.24%

Local Cheese (1kg)

$10.82 $10.82

$4.55 COP 19K

137.80%

Chicken Fillets (1kg)

$11.6 $11.6

$5.71 COP 23.8K

103.15%

Beef Round Steak (1kg)

$14.9 $14.9

$8.59 COP 35.8K

73.46%

Apples (1kg)

$3.46 $3.46

$2.26 COP 9,410

53.10%

Banana (1kg)

$1.57 $1.57

$1.07 COP 4,461

46.73%

Oranges (1kg)

$2.88 $2.88

$1.51 COP 6,293

90.73%

Tomato (1kg)

$4.17 $4.17

$1.42 COP 5,911

193.66%

Potato (1kg)

$3.17 $3.17

$1.11 COP 4,619

185.59%

Onion (1kg)

$2.74 $2.74

$1.18 COP 4,932

132.20%

Lettuce (1 head)

$2.12 $2.12

$0.89 COP 3,718

138.20%

Water (1.5 liter bottle)

$1.95 $1.95

$0.84 COP 3,507

132.14%

Cigarettes 20 Pack (Marlboro, Camel)

$8.21 $8.21

$2.35 COP 9,809

249.36%

Wine (Bottle)

$9.13 $9.13

$9.34 COP 38.9K

-2.25%

Local Beer (0.5 liter bottle)

$1.75 $1.75

$1.18 COP 4,927

48.31%

Imported Beer (0.33 liter bottle)

$3.15 $3.15

$2.49 COP 10.4K

26.51%

One-way Ticket (Public Transport)

$1.49 $1.49

$0.83 COP 3,464

79.52%

Public Transport Monthly Pass (Regular Price)

$132 $132

$41.9 COP 174.7K

216.04%

Taxi Start (Normal Tariff)

$2.43 $2.43

$1.41 COP 5,899

72.34%

Taxi (Normal Tariff) (1km)

$1.51 $1.51

$1.96 COP 8,164

-22.96%

Taxi 1hour Waiting (Normal Tariff)

$25.81 $25.81

$7.85 COP 32.7K

228.79%

Gasoline (1 liter)

$0.81 $0.81

$1.02 COP 4,265

-20.59%

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

$22.6K $22.6K

$17.6K COP 73.4M

28.14%

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

$24.7K $24.7K

$26.2K COP 109.2M

-5.75%

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

$221 $221

$82.5 COP 344.1K

168.00%

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

$42.87 $42.87

$9.44 COP 39.4K

354.13%

Internet (50+ Mbps, Unlimited Data)

$66.5 $66.5

$23.51 COP 98K

182.86%

Gym Membership (Monthly)

$39.64 $39.64

$25.68 COP 107.1K

54.36%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$13.13 $13.13

$3.96 COP 16.5K

231.57%

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

$529 $529

$305 COP 1.3M

73.43%

International Primary School, 1 Child (Yearly)

$8,103 $8,103

$5,925 COP 24.7M

36.76%

Jeans (Levis 501 Or Similar)

$38.64 $38.64

$57.9 COP 241.4K

-33.26%

Summer Dress (H&M, Zara, etc)

$42.44 $42.44

$31.59 COP 131.7K

34.35%

Sport Shoes (Adidas, Nike)

$59.1 $59.1

$103 COP 430.1K

-42.73%

Men's Leather Business Shoes

$75 $75

$106 COP 440.5K

-29.00%

1-bedroom Apartment, City Center (Monthly)

$1,675 $1,675

$489 COP 2M

242.27%

1-bedroom Apartment, Outside City Center (Monthly)

$1,492 $1,492

$379 COP 1.6M

293.68%

3-bedroom Apartment, City Center (Monthly)

$2,308 $2,308

$827 COP 3.4M

179.07%

3-bedroom Apartment, Outside City Center (Monthly)

$1,783 $1,783

$729 COP 3M

144.61%

Buy Apartment in City Center (m2)

$3,593 $3,593

$2,190 COP 9.1M

64.09%

Buy Apartment Outside City Center (m2)

$3,594 $3,594

$1,532 COP 6.4M

134.50%

Average Monthly Net Salary (After Tax)

$3,977 $3,977

$550 COP 2.3M

623.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

13.43

-52.12%

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 Medellin: October 28, 2025

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