Cost of Living Comparison Between Panama City and Mexico City 
| Indices Difference |  |
|---|---|
| Consumer Prices in Mexico City are 1.1% lower than in Panama City (without rent) | |
| Consumer Prices Including Rent in Mexico City are 1.4% higher than in Panama City | |
| Rent Prices in Mexico City are 6.9% higher than in Panama City | |
| Restaurant Prices in Mexico City are 3.6% lower than in Panama City | |
| Groceries Prices in Mexico City are 1.5% higher than in Panama City | |
| Local Purchasing Power in Mexico City is 5.9% lower than in Panama City | |
Restaurants | Panama City Edit |
Mexico City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12.00 $ (203.42 MXN) |
10.62 $ (180.00 MXN) |
-11.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 $ (1,017.11 MXN) |
58.99 $ (1,000.00 MXN) |
-1.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.25 $ (139.85 MXN) |
9.73 $ (165.00 MXN) |
+18.0 % |
| Domestic Beer (1 pint draught) |
2.50 $ (42.38 MXN) |
2.95 $ (50.00 MXN) |
+18.0 % |
| Imported Beer (12 oz small bottle) |
4.00 $ (67.81 MXN) |
4.72 $ (80.00 MXN) |
+18.0 % |
| Cappuccino (regular) |
3.70 $ (62.81 MXN) |
3.52 $ (59.60 MXN) |
-5.1 % |
| Coke/Pepsi (12 oz small bottle) |
1.76 $ (29.79 MXN) |
1.22 $ (20.76 MXN) |
-30.3 % |
| Water (12 oz small bottle) |
1.33 $ (22.62 MXN) |
0.85 $ (14.45 MXN) |
-36.1 % |
Markets | Panama City Edit |
Mexico City Edit | |
| Milk (regular), (1 gallon) |
6.66 $ (112.91 MXN) |
6.27 $ (106.36 MXN) |
-5.8 % |
| Loaf of Fresh White Bread (1 lb) |
2.18 $ (36.94 MXN) |
2.34 $ (39.73 MXN) |
+7.6 % |
| Rice (white), (1 lb) |
0.95 $ (16.15 MXN) |
0.90 $ (15.23 MXN) |
-5.7 % |
| Eggs (regular) (12) |
2.54 $ (43.13 MXN) |
2.40 $ (40.75 MXN) |
-5.5 % |
| Local Cheese (1 lb) |
4.93 $ (83.62 MXN) |
5.03 $ (85.28 MXN) |
+2.0 % |
| Chicken Fillets (1 lb) |
3.39 $ (57.44 MXN) |
4.07 $ (69.06 MXN) |
+20.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.06 $ (68.90 MXN) |
5.81 $ (98.48 MXN) |
+42.9 % |
| Apples (1 lb) |
1.40 $ (23.75 MXN) |
1.42 $ (24.13 MXN) |
+1.6 % |
| Banana (1 lb) |
0.62 $ (10.57 MXN) |
0.70 $ (11.94 MXN) |
+13.0 % |
| Oranges (1 lb) |
1.30 $ (21.95 MXN) |
0.83 $ (14.00 MXN) |
-36.2 % |
| Tomato (1 lb) |
1.41 $ (23.82 MXN) |
0.92 $ (15.52 MXN) |
-34.8 % |
| Potato (1 lb) |
0.94 $ (15.94 MXN) |
0.96 $ (16.19 MXN) |
+1.6 % |
| Onion (1 lb) |
0.97 $ (16.53 MXN) |
0.87 $ (14.82 MXN) |
-10.3 % |
| Lettuce (1 head) |
2.18 $ (36.92 MXN) |
1.29 $ (21.93 MXN) |
-40.6 % |
| Water (1.5 liter bottle) |
1.44 $ (24.33 MXN) |
0.98 $ (16.55 MXN) |
-32.0 % |
| Bottle of Wine (Mid-Range) |
9.00 $ (152.57 MXN) |
14.75 $ (250.00 MXN) |
+63.9 % |
| Domestic Beer (0.5 liter bottle) |
1.20 $ (20.26 MXN) |
1.79 $ (30.38 MXN) |
+49.9 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (31.47 MXN) |
3.39 $ (57.41 MXN) |
+82.4 % |
| Cigarettes 20 Pack (Marlboro) |
5.75 $ (97.47 MXN) |
4.42 $ (75.00 MXN) |
-23.1 % |
Transportation | Panama City Edit |
Mexico City Edit | |
| One-way Ticket (Local Transport) |
0.35 $ (5.93 MXN) |
0.35 $ (6.00 MXN) |
+1.1 % |
| Monthly Pass (Regular Price) |
25.00 $ (423.80 MXN) |
21.39 $ (362.61 MXN) |
-14.4 % |
| Taxi Start (Normal Tariff) |
2.00 $ (33.90 MXN) |
1.18 $ (20.00 MXN) |
-41.0 % |
| Taxi 1 mile (Normal Tariff) |
2.41 $ (40.92 MXN) |
0.85 $ (14.48 MXN) |
-64.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 $ (339.04 MXN) |
7.08 $ (120.00 MXN) |
-64.6 % |
| Gasoline (1 gallon) |
3.69 $ (62.63 MXN) |
5.43 $ (92.08 MXN) |
+47.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
22,250.00 $ (377,177.73 MXN) |
22,416.49 $ (380,000.00 MXN) |
+0.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
20,494.44 $ (347,417.89 MXN) |
24,177.99 $ (409,860.71 MXN) |
+18.0 % |
Utilities (Monthly) | Panama City Edit |
Mexico City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
112.65 $ (1,909.57 MXN) |
54.89 $ (930.48 MXN) |
-51.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
29.33 $ (497.25 MXN) |
27.24 $ (461.75 MXN) |
-7.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
51.82 $ (878.44 MXN) |
28.02 $ (475.00 MXN) |
-45.9 % |
Sports And Leisure | Panama City Edit |
Mexico City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
40.93 $ (693.89 MXN) |
61.14 $ (1,036.52 MXN) |
+49.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
25.00 $ (423.80 MXN) |
24.95 $ (422.94 MXN) |
-0.2 % |
| Cinema, International Release, 1 Seat |
7.00 $ (118.66 MXN) |
5.90 $ (100.00 MXN) |
-15.7 % |
Childcare | Panama City Edit |
Mexico City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
408.12 $ (6,918.46 MXN) |
413.78 $ (7,014.29 MXN) |
+1.4 % |
| International Primary School, Yearly for 1 Child |
9,675.75 $ (164,021.46 MXN) |
9,979.14 $ (169,164.54 MXN) |
+3.1 % |
Clothing And Shoes | Panama City Edit |
Mexico City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
53.94 $ (914.34 MXN) |
67.39 $ (1,142.34 MXN) |
+24.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.79 $ (691.39 MXN) |
45.13 $ (765.09 MXN) |
+10.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
82.58 $ (1,399.86 MXN) |
111.02 $ (1,881.96 MXN) |
+34.4 % |
| 1 Pair of Men Leather Business Shoes |
92.86 $ (1,574.10 MXN) |
106.18 $ (1,799.88 MXN) |
+14.3 % |
Rent Per Month | Panama City Edit |
Mexico City Edit | |
| Apartment (1 bedroom) in City Centre |
925.91 $ (15,695.83 MXN) |
1,055.03 $ (17,884.62 MXN) |
+13.9 % |
| Apartment (1 bedroom) Outside of Centre |
598.61 $ (10,147.54 MXN) |
639.07 $ (10,833.33 MXN) |
+6.8 % |
| Apartment (3 bedrooms) in City Centre |
2,048.00 $ (34,717.30 MXN) |
2,083.06 $ (35,311.65 MXN) |
+1.7 % |
| Apartment (3 bedrooms) Outside of Centre |
1,194.12 $ (20,242.45 MXN) |
1,319.19 $ (22,362.59 MXN) |
+10.5 % |
Buy Apartment Price | Panama City Edit |
Mexico City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
228.61 $ (3,875.28 MXN) |
301.05 $ (5,103.41 MXN) |
+31.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
135.37 $ (2,294.80 MXN) |
220.18 $ (3,732.42 MXN) |
+62.6 % |
Salaries And Financing | Panama City Edit |
Mexico City Edit | |
| Average Monthly Net Salary (After Tax) |
861.84 $ (14,609.78 MXN) |
822.54 $ (13,943.62 MXN) |
-4.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.07 | 11.12 | +83.1 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 86 | 183 |
Cities near Panama City: | Cost of Living in San Miguelito | 8.11 miles |
| Cost of Living in Tocumen | 15.44 miles |
| Cost of Living in Pacora | 19.85 miles |
| Cost of Living in El Coco | 33.93 miles |
| Cost of Living in Aguadulce | 127.78 miles |
| Cost of Living in Santiago | 161.98 miles |
Cities near Mexico City: | Cost of Living in Naucalpan | 9.71 miles |
| Cost of Living in Ecatepec | 17.33 miles |
| Cost of Living in Chicoloapan de Juarez | 19.75 miles |
| Cost of Living in Pachuca | 60.64 miles |
| Cost of Living in Cuautla | 68.55 miles |
| Cost of Living in Puebla | 80.54 miles |
| Cost of Living in Queretaro (Santiago de Querétaro) | 133.73 miles |
| Cost of Living in San Miguel de Allende | 171.88 miles |
| Cost of Living in Morelia | 187.84 miles |
| Cost of Living in Irapuato | 201.63 miles |