Last update: Oct 2026

Cost of Living Comparison Between Panama City and Tbilisi

For one person, living is cheaper in Tbilisi: $1,266 a month against $1,855 in Panama City, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
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Panama City Living Index
62

Cost of Living Index in Tbilisi
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Tbilisi Living Index

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Panama City

🇵🇦 Panama

$1,855

/mo nomad

Tbilisi

🇬🇪 Georgia

$1,266

/mo nomad

Monthly Cost of Living

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

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

A single person spends $1,855 per month in Panama City vs $1,266 in Tbilisi, rent included.

Panama City $1,855
Tbilisi $1,266

A couple spends around $2,804 per month in Panama City vs $2,007 in Tbilisi, rent included.

Panama City $2,804
Tbilisi $2,007

A family of three spends $3,753 per month in Panama City vs $2,749 in Tbilisi, rent included.

Panama City $3,753
Tbilisi $2,749

Panama City costs about 47% more than Tbilisi, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while Tbilisi is 6% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.63 PAB 11.63

$11.34 ₾29.35

2.56%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$39.05 ₾101

22.71%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$9.63 ₾24.92

-17.34%

Cappuccino

$4.22 PAB 4.22

$3.46 ₾8.95

21.97%

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

$2.01 PAB 2.01

$1.09 ₾2.82

84.40%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$0.63 ₾1.62

147.62%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$2.77 ₾7.17

22.38%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$3.10 ₾8.04

27.10%

Milk (1 liter)

$1.85 PAB 1.85

$2.25 ₾5.81

-17.78%

White Bread (500g)

$2.56 PAB 2.56

$0.80 ₾2.07

220.00%

Rice (white) (1kg)

$3.48 PAB 3.48

$1.76 ₾4.55

97.73%

Eggs

$2.69 PAB 2.69

$2.75 ₾7.11

-2.18%

Local Cheese (1kg)

$12.57 PAB 12.57

$9.39 ₾24.32

33.87%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$6.66 ₾17.23

2.55%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$12.92 ₾33.45

-18.11%

Apples (1kg)

$4.18 PAB 4.18

$1.67 ₾4.31

150.30%

Banana (1kg)

$1.83 PAB 1.83

$1.80 ₾4.65

1.67%

Oranges (1kg)

$4.20 PAB 4.20

$1.92 ₾4.97

118.75%

Tomato (1kg)

$4.03 PAB 4.03

$2.41 ₾6.24

67.22%

Potato (1kg)

$3.48 PAB 3.48

$0.86 ₾2.23

304.65%

Onion (1kg)

$4.22 PAB 4.22

$0.69 ₾1.80

511.59%

Lettuce (1 head)

$2.41 PAB 2.41

$1.40 ₾3.62

72.14%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$0.71 ₾1.85

138.03%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$3.51 ₾9.08

74.93%

Wine (Bottle)

$11.30 PAB 11.30

$7.61 ₾19.69

48.49%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$1.63 ₾4.21

-12.88%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$2.31 ₾5.98

18.18%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$0.37 ₾0.96

-10.81%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

$15.67 ₾40.57

35.48%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$1.14 ₾2.95

121.05%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$0.79 ₾2.05

135.44%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$11.86 ₾30.70

83.64%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.40 ₾3.62

-10.71%

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

$21.2K PAB 21.2K

$24.8K ₾64.2K

-14.33%

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

$21.0K PAB 21.0K

$21.9K ₾56.6K

-3.81%

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

$130 PAB 130

$89.1 ₾231

45.69%

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

$28.13 PAB 28.13

$13.21 ₾34.19

112.94%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$19.76 ₾51.1

143.98%

Gym Membership (Monthly)

$45.78 PAB 45.78

$64.9 ₾168

-29.47%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

$19.02 ₾49.24

83.60%

Cinema Ticket

$8.67 PAB 8.67

$6.57 ₾17.02

31.96%

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

$544 PAB 544

$377 ₾975

44.44%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$10.8K ₾27.9K

-10.18%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$102 ₾265

-34.67%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$39.70 ₾103

23.78%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$118 ₾305

-20.34%

Men's Leather Business Shoes

$112 PAB 112

$123 ₾320

-9.64%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$666 ₾1,724

88.74%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$449 ₾1,163

94.76%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$1,284 ₾3,324

67.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$890 ₾2,303

75.76%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$2,425 ₾6,276

28.77%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$1,380 ₾3,573

23.84%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$680 ₾1,760

34.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

12.62

-49.37%

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

Last update for Panama City: October 10, 2026

Last update for Tbilisi: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Tbilisi

$449 35.5% 48.7% $426

Groceries & Markets

Panama City

$325 17.5%

Tbilisi

$234 18.5% 28.1% $91

Eating Out

Panama City

$207 11.1%

Tbilisi

$188 14.9% 9% $19

Monthly Utilities & Internet

Panama City

$206 11.1%

Tbilisi

$122 9.7% 40.8% $84

Clothing & Footwear

Panama City

$145 7.8%

Tbilisi

$172 13.6% 19.2% $28

Sport & Entertainment

Panama City

$63 3.4%

Tbilisi

$78 6.2% 23.7% $15

Getting Around

Panama City

$34 1.9%

Tbilisi

$22 1.8% 35.3% $12

Cost Breakdown

A central one-bedroom costs $1,257 in Panama City versus $666 in Tbilisi. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 35% higher in Panama City, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Panama City versus $39.00 in Tbilisi. Monthly groceries follow the same trend: $325 vs $234 – making Tbilisi the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇬🇪 Tbilisi

🕒 Local time

10:52 10:52 AM

19:52 7:52 PM

9 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

1,241,700 Capital

💱 Currency

Panamanian Balboa PAB B/.

Georgian Lari GEL ₾

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 GEL = 0.386 USD

1 GEL = 0.344 EUR

Exchange rates and currency converter

GEL, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

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).

Georgian Lari exchange rates as of October 19, 2026: 1 USD = 2.59 GEL (1 GEL = 0.386 USD). 1 EUR = 2.91 GEL (1 GEL = 0.344 EUR).

USD to PAB in detail →

On the map

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Between locations

Panama City Tbilisi 12,030 km ≈ 16 h nonstop flight

From you

Panama City
Tbilisi

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

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

Yes – Panama City is pricier by about 47%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,783 per month in Panama City and $1,899 in Tbilisi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 39% 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 $48.00 in Panama City and $39.00 in Tbilisi. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Tbilisi, where all-in costs run around $1,266, than in Panama City at $1,855. In Tbilisi it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Tbilisi – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Tbilisi. 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.