Last update: Oct 2026

Cost of Living Comparison Between Tbilisi and Panama City

For one person, living is cheaper in Tbilisi: $1,269 a month against $1,932 in Panama City, rent and utilities included – about $8,000 less a year. Rent and utilities account for most of the difference.

61

Cost of Living Index in Tbilisi
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Tbilisi Living Index
94

Cost of Living Index in Panama City
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Panama City Living Index

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Tbilisi

🇬🇪 Georgia

$1,269

/mo nomad

Panama City

🇵🇦 Panama

$1,932

/mo nomad

Monthly Cost of Living

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

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

A single person spends $1,269 per month in Tbilisi vs $1,932 in Panama City, rent included.

Tbilisi $1,269
Panama City $1,932

A couple spends around $2,016 per month in Tbilisi vs $2,887 in Panama City, rent included.

Tbilisi $2,016
Panama City $2,887

A family of three spends $2,763 per month in Tbilisi vs $3,841 in Panama City, rent included.

Tbilisi $2,763
Panama City $3,841

Tbilisi is about 34% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Tbilisi sits 7% below the global median, while Panama City is 42% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.63 ₾30.07

$11.72 PAB 11.72

-0.77%

Three-Course Dinner for Two, Mid-Range

$37.83 ₾97.8

$46.74 PAB 46.74

-19.06%

Fast Food Meal (McDonalds, etc)

$9.66 ₾24.98

$7.98 PAB 7.98

21.05%

Cappuccino

$3.57 ₾9.24

$4.18 PAB 4.18

-14.59%

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

$1.08 ₾2.78

$1.95 PAB 1.95

-44.62%

Water (0.33 liter bottle)

$0.56 ₾1.45

$1.64 PAB 1.64

-65.85%

Local Beer (0.5 liter draught)

$2.62 ₾6.78

$3.26 PAB 3.26

-19.63%

Imported Beer (0.33 liter bottle)

$3.04 ₾7.85

$3.90 PAB 3.90

-22.05%

Milk (1 liter)

$2.17 ₾5.60

$1.91 PAB 1.91

13.61%

White Bread (500g)

$0.80 ₾2.06

$2.54 PAB 2.54

-68.50%

Rice (white) (1kg)

$1.74 ₾4.51

$3.37 PAB 3.37

-48.37%

Eggs

$2.83 ₾7.31

$2.82 PAB 2.82

0.35%

Local Cheese (1kg)

$9.31 ₾24.07

$12.60 PAB 12.60

-26.11%

Chicken Fillets (1kg)

$6.52 ₾16.85

$6.71 PAB 6.71

-2.83%

Beef Round Steak (1kg)

$12.95 ₾33.50

$10.53 PAB 10.53

22.98%

Apples (1kg)

$1.68 ₾4.33

$4.04 PAB 4.04

-58.42%

Banana (1kg)

$1.85 ₾4.79

$1.94 PAB 1.94

-4.64%

Oranges (1kg)

$1.97 ₾5.10

$4.25 PAB 4.25

-53.65%

Tomato (1kg)

$2.42 ₾6.25

$4.18 PAB 4.18

-42.11%

Potato (1kg)

$0.82 ₾2.11

$3.32 PAB 3.32

-75.30%

Onion (1kg)

$0.74 ₾1.91

$4.34 PAB 4.34

-82.95%

Lettuce (1 head)

$1.34 ₾3.47

$2.40 PAB 2.40

-44.17%

Water (1.5 liter bottle)

$0.77 ₾2.00

$1.71 PAB 1.71

-54.97%

Cigarettes 20 Pack (Marlboro, Camel)

$3.57 ₾9.24

$6.05 PAB 6.05

-40.99%

Wine (Bottle)

$7.67 ₾19.83

$11.38 PAB 11.38

-32.60%

Local Beer (0.5 liter bottle)

$1.70 ₾4.39

$1.36 PAB 1.36

25.00%

Imported Beer (0.33 liter bottle)

$2.40 ₾6.21

$2.80 PAB 2.80

-14.29%

One-way Ticket (Public Transport)

$0.40 ₾1.05

$0.34 PAB 0.34

17.65%

Public Transport Monthly Pass (Regular Price)

$15.23 ₾39.38

$21.28 PAB 21.28

-28.43%

Taxi Start (Normal Tariff)

$1.14 ₾2.95

$2.43 PAB 2.43

-53.09%

Taxi (Normal Tariff) (1km)

$0.78 ₾2.02

$1.85 PAB 1.85

-57.84%

Taxi 1hour Waiting (Normal Tariff)

$11.83 ₾30.58

$21.77 PAB 21.77

-45.66%

Gasoline (1 liter)

$1.45 ₾3.75

$1.20 PAB 1.20

20.83%

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

$24.6K ₾63.6K

$24.8K PAB 24.8K

-0.80%

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

$22.3K ₾57.8K

$21.2K PAB 21.2K

5.36%

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

$88.8 ₾230

$132 PAB 132

-32.92%

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

$13.12 ₾33.93

$28.34 PAB 28.34

-53.71%

Internet (50+ Mbps, Unlimited Data)

$19.67 ₾50.9

$48.88 PAB 48.88

-59.76%

Gym Membership (Monthly)

$64.1 ₾166

$43.02 PAB 43.02

48.88%

Tennis Court (1 Hour on Weekend)

$19.04 ₾49.24

$34.94 PAB 34.94

-45.51%

Cinema Ticket

$7.12 ₾18.42

$8.43 PAB 8.43

-15.54%

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

$375 ₾971

$545 PAB 545

-31.17%

International Primary School, 1 Child (Yearly)

$10.5K ₾27.1K

$9,648 PAB 9,648

8.52%

Jeans (Levis 501 Or Similar)

$104 ₾268

$65.8 PAB 65.8

57.51%

Summer Dress (H&M, Zara, etc)

$39.26 ₾102

$47.25 PAB 47.25

-16.91%

Sport Shoes (Adidas, Nike)

$117 ₾303

$94.6 PAB 94.6

24.05%

Men's Leather Business Shoes

$122 ₾315

$110 PAB 110

10.96%

1-bedroom Apartment, City Center (Monthly)

$695 ₾1,798

$1,407 PAB 1,407

-50.57%

1-bedroom Apartment, Outside City Center (Monthly)

$451 ₾1,167

$954 PAB 954

-52.68%

3-bedroom Apartment, City Center (Monthly)

$1,355 ₾3,504

$2,272 PAB 2,272

-40.37%

3-bedroom Apartment, Outside City Center (Monthly)

$906 ₾2,343

$1,662 PAB 1,662

-45.47%

Buy Apartment in City Center (m2)

$2,295 ₾5,934

$3,057 PAB 3,057

-24.93%

Buy Apartment Outside City Center (m2)

$1,345 ₾3,478

$1,729 PAB 1,729

-22.23%

Average Monthly Net Salary (After Tax)

$664 ₾1,718

$916 PAB 916

-27.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.62

6.39

97.50%

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

Last update for Tbilisi: October 27, 2026

Last update for Panama City: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Tbilisi

$451 35.6%

Panama City

$954 49.3% 111% $502

Groceries & Markets

Tbilisi

$234 18.4%

Panama City

$326 16.9% 39.3% $92

Eating Out

Tbilisi

$191 15%

Panama City

$206 10.7% 8.3% $16

Clothing & Footwear

Tbilisi

$172 13.5%

Panama City

$143 7.4% 16.9% $29

Monthly Utilities & Internet

Tbilisi

$122 9.6%

Panama City

$210 10.9% 72.4% $88

Sport & Entertainment

Tbilisi

$78 6.2%

Panama City

$60 3.1% 23.5% $18

Getting Around

Tbilisi

$22 1.7%

Panama City

$34 1.8% 56.7% $12

Cost Breakdown

A central one-bedroom costs $695 in Tbilisi versus $1,407 in Panama City. 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 38% 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 $38 in Tbilisi versus $47 in Panama City. Monthly groceries follow the same trend: $234 vs $326 – making Tbilisi the more affordable choice for daily food spending.

Good to know

🇬🇪 Tbilisi

🇵🇦 Panama City

🕒 Local time

03:12 3:12 AM

18:12 6:12 PM

9 h behind Tbilisi

🌤 Weather

👥 Population

1,241,700 Capital

1,086,990 Capital

💱 Currency

Georgian Lari GEL ₾

Panamanian Balboa PAB B/.

📈 Exchange rate

1 GEL = 0.387 USD

1 GEL = 0.346 EUR

1 PAB = 1 USD

1 PAB = 0.896 EUR

Exchange rates and currency converter

PAB, USD, EUR to GEL – Georgian Lari Converter

🇺🇸 United States Dollar ($)

🇬🇪 Georgian Lari (₾)

Georgian Lari exchange rates as of November 1, 2026: 1 USD = 2.59 GEL (1 GEL = 0.387 USD). 1 EUR = 2.89 GEL (1 GEL = 0.346 EUR).

Panamanian Balboa exchange rates as of November 1, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.896 EUR).

USD to GEL in detail →

On the map

Lowest

Highest

Between locations

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

From you

Tbilisi
Panama City

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

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

Yes – Panama City is pricier by about 52%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,904 per month in Tbilisi and $2,899 in Panama City. 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: a one-bedroom in the center costs $695 there versus $1,407 in Panama City.

Groceries cost about 39% more in Panama City, though the gap depends on what you buy.

A mid-range dinner for two costs $38 in Tbilisi and $47 in Panama City. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

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.

If budget matters most, go with Tbilisi. If higher salaries or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.