Cost of Living Comparison Between Las Vegas, NV and Panama City 

Indices DifferenceInfo
Consumer Prices in Panama City are 31.0% lower than in Las Vegas, NV (without rent)
Consumer Prices Including Rent in Panama City are 33.9% lower than in Las Vegas, NV
Rent Prices in Panama City are 39.5% lower than in Las Vegas, NV
Restaurant Prices in Panama City are 32.7% lower than in Las Vegas, NV
Groceries Prices in Panama City are 27.6% lower than in Las Vegas, NV
Local Purchasing Power in Panama City is 68.3% lower than in Las Vegas, NV
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Las Vegas, NV Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 12.00 $      -40.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $ 60.00 $      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 8.25 $      -31.2 %
Domestic Beer (1 pint draught) 5.00 $ 2.50 $      -50.0 %
Imported Beer (12 oz small bottle) 7.75 $ 4.00 $      -48.4 %
Cappuccino (regular) 5.52 $ 3.70 $      -32.9 %
Coke/Pepsi (12 oz small bottle) 2.46 $ 1.76 $      -28.6 %
Water (12 oz small bottle) 2.15 $ 1.33 $      -38.0 %
Markets
Las Vegas, NV Edit Panama City Edit
Milk (regular), (1 gallon) 3.70 $ 6.66 $      +80.2 %
Loaf of Fresh White Bread (1 lb) 3.43 $ 2.18 $      -36.5 %
Rice (white), (1 lb) 2.70 $ 0.95 $      -64.8 %
Eggs (regular) (12) 3.25 $ 2.54 $      -21.8 %
Local Cheese (1 lb) 5.69 $ 4.93 $      -13.3 %
Chicken Fillets (1 lb) 4.60 $ 3.39 $      -26.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.01 $ 4.06 $      -42.0 %
Apples (1 lb) 2.27 $ 1.40 $      -38.3 %
Banana (1 lb) 0.65 $ 0.62 $      -4.7 %
Oranges (1 lb) 1.37 $ 1.30 $      -5.6 %
Tomato (1 lb) 1.60 $ 1.41 $      -12.2 %
Potato (1 lb) 1.04 $ 0.94 $      -9.6 %
Onion (1 lb) 1.00 $ 0.97 $      -2.1 %
Lettuce (1 head) 1.66 $ 2.18 $      +31.0 %
Water (1.5 liter bottle) 2.07 $ 1.44 $      -30.7 %
Bottle of Wine (Mid-Range) 15.00 $ 9.00 $      -40.0 %
Domestic Beer (0.5 liter bottle) 1.87 $ 1.20 $      -36.1 %
Imported Beer (12 oz small bottle) 3.23 $ 1.86 $      -42.5 %
Cigarettes 20 Pack (Marlboro) 9.95 $ 5.75 $      -42.2 %
Transportation
Las Vegas, NV Edit Panama City Edit
One-way Ticket (Local Transport) 2.50 $ 0.35 $      -86.0 %
Monthly Pass (Regular Price) 65.00 $ 25.00 $      -61.5 %
Taxi Start (Normal Tariff) 5.20 $ 2.00 $      -61.5 %
Taxi 1 mile (Normal Tariff) 3.50 $ 2.41 $      -31.0 %
Taxi 1hour Waiting (Normal Tariff) 32.20 $ 20.00 $      -37.9 %
Gasoline (1 gallon) 4.15 $ 3.69 $      -11.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,457.52 $ 22,250.00 $      -39.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,296.81 $ 20,494.44 $      -22.1 %
Utilities (Monthly)
Las Vegas, NV Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 206.26 $ 112.65 $      -45.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 67.78 $ 29.33 $      -56.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.50 $ 51.82 $      -26.5 %
Sports And Leisure
Las Vegas, NV Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 23.50 $ 40.93 $      +74.2 %
Tennis Court Rent (1 Hour on Weekend) 17.50 $ 25.00 $      +42.9 %
Cinema, International Release, 1 Seat 13.00 $ 7.00 $      -46.2 %
Childcare
Las Vegas, NV Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 860.00 $ 408.12 $      -52.5 %
International Primary School, Yearly for 1 Child 9,333.33 $ 9,675.75 $      +3.7 %
Clothing And Shoes
Las Vegas, NV Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.62 $ 53.94 $      +10.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.86 $ 40.79 $      -9.1 %
1 Pair of Nike Running Shoes (Mid-Range) 79.90 $ 82.58 $      +3.3 %
1 Pair of Men Leather Business Shoes 101.47 $ 92.86 $      -8.5 %
Rent Per Month
Las Vegas, NV Edit Panama City Edit
Apartment (1 bedroom) in City Centre 1,555.26 $ 925.91 $      -40.5 %
Apartment (1 bedroom) Outside of Centre 1,373.58 $ 598.61 $      -56.4 %
Apartment (3 bedrooms) in City Centre 2,693.43 $ 2,048.00 $      -24.0 %
Apartment (3 bedrooms) Outside of Centre 2,254.59 $ 1,194.12 $      -47.0 %
Buy Apartment Price
Las Vegas, NV Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 284.42 $ 228.61 $      -19.6 %
Price per Square Feet to Buy Apartment Outside of Centre 249.49 $ 135.37 $      -45.7 %
Salaries And Financing
Las Vegas, NV Edit Panama City Edit
Average Monthly Net Salary (After Tax) 4,113.48 $ 861.84 $      -79.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.65 6.07      -8.7 %
Last update: April 2024April 2024
Contributors in the past 12 months:9686