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 66.5% more expensive than Medellin without rent, and 170.4% more expensive with rent.

😐 Family of 3: Panama City, FL is 62.2% more expensive than Medellin without rent, and 106.3% more expensive with rent.

Meal at Budget Restaurant

$18.47 $18.47

$6.14 COP 22.1K

200.81%

Three-Course Dinner for Two, Mid-Range

$55.2 $55.2

$33.05 COP 119.0K

67.02%

Fast Food Meal (McDonalds, etc)

$10.70 $10.70

$7.32 COP 26.4K

46.17%

Cappuccino

$4.82 $4.82

$1.66 COP 5,971

190.36%

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

$2.61 $2.61

$1.10 COP 3,977

137.27%

Water (0.33 liter bottle)

$2.16 $2.16

$0.78 COP 2,815

176.92%

Local Beer (0.5 liter draught)

$5.05 $5.05

$1.71 COP 6,172

195.32%

Imported Beer (0.33 liter bottle)

$6.81 $6.81

$3.17 COP 11.4K

114.83%

Milk (1 liter)

$0.92 $0.92

$1.11 COP 4,002

-17.12%

White Bread (500g)

$3.23 $3.23

$1.31 COP 4,707

146.56%

Rice (white) (1kg)

$2.53 $2.53

$1.38 COP 4,967

83.33%

Eggs

$3.24 $3.24

$2.22 COP 7,989

45.95%

Local Cheese (1kg)

$10.84 $10.84

$4.34 COP 15.6K

149.77%

Chicken Fillets (1kg)

$11.53 $11.53

$5.80 COP 20.9K

98.79%

Beef Round Steak (1kg)

$14.89 $14.89

$8.98 COP 32.3K

65.81%

Apples (1kg)

$3.48 $3.48

$2.26 COP 8,143

53.98%

Banana (1kg)

$1.51 $1.51

$1.11 COP 4,013

36.04%

Oranges (1kg)

$2.87 $2.87

$1.46 COP 5,271

96.58%

Tomato (1kg)

$4.21 $4.21

$1.37 COP 4,916

207.30%

Potato (1kg)

$3.19 $3.19

$1.11 COP 3,999

187.39%

Onion (1kg)

$2.85 $2.85

$1.16 COP 4,188

145.69%

Lettuce (1 head)

$2.04 $2.04

$0.89 COP 3,202

129.21%

Water (1.5 liter bottle)

$1.93 $1.93

$0.87 COP 3,116

121.84%

Cigarettes 20 Pack (Marlboro, Camel)

$8.20 $8.20

$2.35 COP 8,473

248.94%

Wine (Bottle)

$13.37 $13.37

$10.86 COP 39.1K

23.11%

Local Beer (0.5 liter bottle)

$1.71 $1.71

$1.20 COP 4,319

42.50%

Imported Beer (0.33 liter bottle)

$3.12 $3.12

$2.48 COP 8,923

25.81%

One-way Ticket (Public Transport)

$1.46 $1.46

$0.79 COP 2,835

84.81%

Public Transport Monthly Pass (Regular Price)

$133 $133

$40.77 COP 146.8K

227.13%

Taxi Start (Normal Tariff)

$2.45 $2.45

$1.42 COP 5,124

72.54%

Taxi (Normal Tariff) (1km)

$1.52 $1.52

$1.91 COP 6,882

-20.42%

Taxi 1hour Waiting (Normal Tariff)

$25.74 $25.74

$7.65 COP 27.5K

236.47%

Gasoline (1 liter)

$0.87 $0.87

$0.97 COP 3,481

-10.31%

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

$23.1K $23.1K

$18.1K COP 65.2M

27.69%

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

$24.5K $24.5K

$26.3K COP 94.7M

-6.77%

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

$222 $222

$81.3 COP 292.8K

173.20%

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

$42.83 $42.83

$9.63 COP 34.7K

344.76%

Internet (50+ Mbps, Unlimited Data)

$66.3 $66.3

$24.36 COP 87.7K

172.00%

Gym Membership (Monthly)

$40.42 $40.42

$26.02 COP 93.7K

55.34%

Tennis Court (1 Hour on Weekend)

$18.92 COP 68.1K

Cinema Ticket

$13.17 $13.17

$3.89 COP 14.0K

238.56%

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

$518 $518

$304 COP 1.1M

70.19%

International Primary School, 1 Child (Yearly)

$7,866 $7,866

$5,902 COP 21.3M

33.28%

Jeans (Levis 501 Or Similar)

$39.78 $39.78

$58.7 COP 211.3K

-32.21%

Summer Dress (H&M, Zara, etc)

$42.93 $42.93

$32.48 COP 116.9K

32.17%

Sport Shoes (Adidas, Nike)

$60.5 $60.5

$102 COP 366.3K

-40.54%

Men's Leather Business Shoes

$73.7 $73.7

$108 COP 389.4K

-31.82%

1-bedroom Apartment, City Center (Monthly)

$1,718 $1,718

$474 COP 1.7M

262.32%

1-bedroom Apartment, Outside City Center (Monthly)

$1,528 $1,528

$371 COP 1.3M

312.04%

3-bedroom Apartment, City Center (Monthly)

$2,337 $2,337

$848 COP 3.1M

175.57%

3-bedroom Apartment, Outside City Center (Monthly)

$1,795 $1,795

$716 COP 2.6M

150.52%

Buy Apartment in City Center (m2)

$3,612 $3,612

$2,871 COP 10.3M

25.79%

Buy Apartment Outside City Center (m2)

$3,630 $3,630

$1,375 COP 5.0M

163.93%

Average Monthly Net Salary (After Tax)

$4,020 $4,020

$542 COP 1.9M

642.30%

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: April 13, 2026

Last update for Medellin: April 13, 2026

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

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