Cost of Living Comparison Between Panama City and Tampa, FL 

Indices DifferenceInfo
Consumer Prices in Tampa, FL are 56.0% higher than in Panama City (without rent)
Consumer Prices Including Rent in Tampa, FL are 83.4% higher than in Panama City
Rent Prices in Tampa, FL are 145.8% higher than in Panama City
Restaurant Prices in Tampa, FL are 64.6% higher than in Panama City
Groceries Prices in Tampa, FL are 58.4% higher than in Panama City
Local Purchasing Power in Tampa, FL is 232.6% higher than in Panama City
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Panama City Edit Tampa, FL Edit Difference
Meal, Inexpensive Restaurant 10.00 $ 20.00 $      +100.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $ 84.00 $      +40.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 $ 10.50 $      +50.0 %
Domestic Beer (1 pint draught) 2.50 $ 6.50 $      +160.0 %
Imported Beer (12 oz small bottle) 4.00 $ 8.00 $      +100.0 %
Cappuccino (regular) 3.51 $ 4.96 $      +41.2 %
Coke/Pepsi (12 oz small bottle) 1.73 $ 2.30 $      +32.8 %
Water (12 oz small bottle) 1.34 $ 1.79 $      +33.9 %
Markets
Panama City Edit Tampa, FL Edit
Milk (regular), (1 gallon) 6.18 $ 4.13 $      -33.2 %
Loaf of Fresh White Bread (1 lb) 2.14 $ 3.47 $      +62.4 %
Rice (white), (1 lb) 0.87 $ 1.68 $      +91.9 %
Eggs (regular) (12) 2.20 $ 4.80 $      +117.9 %
Local Cheese (1 lb) 4.27 $ 7.05 $      +65.1 %
Chicken Fillets (1 lb) 3.23 $ 4.96 $      +53.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.00 $ 7.01 $      +75.3 %
Apples (1 lb) 1.43 $ 2.52 $      +76.7 %
Banana (1 lb) 0.60 $ 0.73 $      +21.9 %
Oranges (1 lb) 1.36 $ 1.89 $      +39.7 %
Tomato (1 lb) 1.53 $ 2.00 $      +31.0 %
Potato (1 lb) 0.90 $ 1.75 $      +94.1 %
Onion (1 lb) 0.94 $ 1.33 $      +41.7 %
Lettuce (1 head) 2.28 $ 2.70 $      +18.4 %
Water (1.5 liter bottle) 1.51 $ 2.99 $      +98.1 %
Bottle of Wine (Mid-Range) 9.00 $ 12.50 $      +38.8 %
Domestic Beer (0.5 liter bottle) 1.30 $ 2.88 $      +121.1 %
Imported Beer (12 oz small bottle) 1.80 $ 5.21 $      +190.2 %
Cigarettes 20 Pack (Marlboro) 5.78 $ 7.75 $      +34.2 %
Transportation
Panama City Edit Tampa, FL Edit
One-way Ticket (Local Transport) 0.35 $ 3.50 $      +900.0 %
Monthly Pass (Regular Price) 25.00 $ 75.00 $      +200.0 %
Taxi Start (Normal Tariff) 2.00 $ 3.88 $      +93.8 %
Taxi 1 mile (Normal Tariff) 2.98 $ 4.00 $      +34.4 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $ 50.00 $      +150.0 %
Gasoline (1 gallon) 4.18 $ 3.59 $      -14.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,250.00 $ 24,000.00 $      +7.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 19,938.89 $ 24,842.88 $      +24.6 %
Utilities (Monthly)
Panama City Edit Tampa, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 107.66 $ 189.96 $      +76.4 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.14 $ 0.27 $      +95.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 51.72 $ 69.07 $      +33.6 %
Sports And Leisure
Panama City Edit Tampa, FL Edit
Fitness Club, Monthly Fee for 1 Adult 42.79 $ 30.30 $      -29.2 %
Tennis Court Rent (1 Hour on Weekend) 21.88 $ 25.82 $      +18.1 %
Cinema, International Release, 1 Seat 6.00 $ 15.00 $      +150.0 %
Childcare
Panama City Edit Tampa, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 420.62 $ 1,271.43 $      +202.3 %
International Primary School, Yearly for 1 Child 9,343.71 $ 19,500.00 $      +108.7 %
Clothing And Shoes
Panama City Edit Tampa, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.20 $ 51.66 $      -2.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.33 $ 36.88 $      -10.8 %
1 Pair of Nike Running Shoes (Mid-Range) 74.88 $ 91.43 $      +22.1 %
1 Pair of Men Leather Business Shoes 90.67 $ 140.67 $      +55.1 %
Rent Per Month
Panama City Edit Tampa, FL Edit
Apartment (1 bedroom) in City Centre 919.09 $ 2,068.70 $      +125.1 %
Apartment (1 bedroom) Outside of Centre 515.48 $ 1,715.67 $      +232.8 %
Apartment (3 bedrooms) in City Centre 1,888.64 $ 4,082.14 $      +116.1 %
Apartment (3 bedrooms) Outside of Centre 976.32 $ 2,703.17 $      +176.9 %
Buy Apartment Price
Panama City Edit Tampa, FL Edit
Price per Square Feet to Buy Apartment in City Centre 226.84 $ 559.28 $      +146.6 %
Price per Square Feet to Buy Apartment Outside of Centre 131.99 $ 291.73 $      +121.0 %
Salaries And Financing
Panama City Edit Tampa, FL Edit
Average Monthly Net Salary (After Tax) 826.19 $ 5,039.05 $      +509.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.99 5.48      -8.4 %
Last update: May 2023May 2023
Contributors in the past 12 months:102164