Cost of Living Comparison Between Houston, TX and Panama City 

Indices DifferenceInfo
Cost of Living in Panama City is 27.1% lower than in Houston, TX (without rent)
Cost of Living Including Rent in Panama City is 31.6% lower than in Houston, TX
Rent Prices in Panama City are 39.7% lower than in Houston, TX
Restaurant Prices in Panama City are 27.0% lower than in Houston, TX
Groceries Prices in Panama City are 24.2% lower than in Houston, TX
Local Purchasing Power in Panama City is 72.4% lower than in Houston, TX
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Houston, TX Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 16.50 $ 11.75 $      -28.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 60.00 $      -25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.12 $ 8.00 $      -12.3 %
Domestic Beer (1 pint draught) 5.00 $ 3.00 $      -40.0 %
Imported Beer (12 oz small bottle) 6.50 $ 4.00 $      -38.5 %
Cappuccino (regular) 5.16 $ 3.68 $      -28.6 %
Coke/Pepsi (12 oz small bottle) 2.49 $ 1.77 $      -29.0 %
Water (12 oz small bottle) 1.87 $ 1.33 $      -29.0 %
Markets
Houston, TX Edit Panama City Edit
Milk (regular), (1 gallon) 3.42 $ 6.75 $      +97.3 %
Loaf of Fresh White Bread (1 lb) 2.76 $ 2.26 $      -18.1 %
Rice (white), (1 lb) 1.43 $ 0.97 $      -32.3 %
Eggs (regular) (12) 3.54 $ 2.62 $      -26.1 %
Local Cheese (1 lb) 5.75 $ 5.27 $      -8.4 %
Chicken Fillets (1 lb) 5.03 $ 3.46 $      -31.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.34 $ 4.22 $      -42.4 %
Apples (1 lb) 2.05 $ 1.38 $      -32.5 %
Banana (1 lb) 0.60 $ 0.68 $      +13.2 %
Oranges (1 lb) 1.62 $ 1.24 $      -23.9 %
Tomato (1 lb) 1.28 $ 1.39 $      +9.3 %
Potato (1 lb) 1.27 $ 0.94 $      -25.6 %
Onion (1 lb) 1.07 $ 0.99 $      -7.4 %
Lettuce (1 head) 1.72 $ 2.08 $      +20.4 %
Water (1.5 liter bottle) 2.26 $ 1.51 $      -33.2 %
Bottle of Wine (Mid-Range) 15.00 $ 9.00 $      -40.0 %
Domestic Beer (0.5 liter bottle) 1.81 $ 1.21 $      -33.4 %
Imported Beer (12 oz small bottle) 3.40 $ 1.95 $      -42.8 %
Cigarettes 20 Pack (Marlboro) 9.00 $ 5.88 $      -34.7 %
Transportation
Houston, TX Edit Panama City Edit
One-way Ticket (Local Transport) 1.25 $ 0.35 $      -72.0 %
Monthly Pass (Regular Price) 75.00 $ 25.00 $      -66.7 %
Taxi Start (Normal Tariff) 4.25 $ 2.25 $      -47.1 %
Taxi 1 mile (Normal Tariff) 3.00 $ 2.62 $      -12.8 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 21.00 $      -30.0 %
Gasoline (1 gallon) 3.10 $ 3.69 $      +19.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,278.39 $ 22,250.00 $      -38.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,097.02 $ 20,494.44 $      -21.5 %
Utilities (Monthly)
Houston, TX Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 190.11 $ 120.76 $      -36.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56.18 $ 29.38 $      -47.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 67.55 $ 51.69 $      -23.5 %
Sports And Leisure
Houston, TX Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 39.87 $ 42.92 $      +7.7 %
Tennis Court Rent (1 Hour on Weekend) 15.83 $ 22.50 $      +42.1 %
Cinema, International Release, 1 Seat 15.00 $ 7.00 $      -53.3 %
Childcare
Houston, TX Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,244.14 $ 414.38 $      -66.7 %
International Primary School, Yearly for 1 Child 25,333.33 $ 9,058.00 $      -64.2 %
Clothing And Shoes
Houston, TX Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.82 $ 53.69 $      +10.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.40 $ 40.42 $      -6.9 %
1 Pair of Nike Running Shoes (Mid-Range) 101.44 $ 86.19 $      -15.0 %
1 Pair of Men Leather Business Shoes 132.53 $ 105.91 $      -20.1 %
Rent Per Month
Houston, TX Edit Panama City Edit
Apartment (1 bedroom) in City Centre 1,561.80 $ 939.05 $      -39.9 %
Apartment (1 bedroom) Outside of Centre 1,179.90 $ 620.83 $      -47.4 %
Apartment (3 bedrooms) in City Centre 3,183.09 $ 1,991.67 $      -37.4 %
Apartment (3 bedrooms) Outside of Centre 2,120.44 $ 1,303.12 $      -38.5 %
Buy Apartment Price
Houston, TX Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 268.34 $ 235.74 $      -12.1 %
Price per Square Feet to Buy Apartment Outside of Centre 175.01 $ 142.45 $      -18.6 %
Salaries And Financing
Houston, TX Edit Panama City Edit
Average Monthly Net Salary (After Tax) 4,693.38 $ 886.76 $      -81.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 6.02      -8.7 %
Last update: June 2024June 2024
Contributors in the past 12 months:21491