Panama City vs Tokyo

Cost of living comparison for 2026. Panama City is roughly 18% more affordable than Tokyo (index 30 vs 36, New York = 100). Data sourced live via AI — updated regularly.

Panama City
More affordable overall
18% cheaper than Tokyo · Cost index: 30 vs 36

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

30Cost Index36
650Median Income /mo2,676
62Safety Index92
15Income Tax %20
95Internet (Mbps)85
380Coworking /mo200

Price Breakdown

Panama CityCategoryTokyo
$1,260/month
1-BR Apartment (Center)
31% ← cheaper
$870/month
$1.1/liter
Meal for One
35% cheaper →
$1.7/liter
$12/meal
Restaurant (Mid-range)
17% ← cheaper
$10/meal
$21/month
Monthly Transit Pass
74% cheaper →
$80/month
$135/month
Utilities (Monthly)
$135/month
$60/visit
Doctor Visit
17% ← cheaper
$50/visit

Digital Nomad Profile

Panama City

Internet95 Mbps
Coworking$380/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability72/100

Tokyo

Internet85 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitylarge
Walkability80/100

Frequently Asked Questions

Is Panama City cheaper than Tokyo?

Panama City is cheaper than Tokyo. Panama City has a cost of living index of 30/100 compared to 36/100 for Tokyo (New York = 100), making it roughly 18% more affordable overall.

How much cheaper is Panama City than Tokyo?

Panama City is approximately 18% cheaper than Tokyo based on cost index scores (30 vs 36, where New York = 100). A person spending $3,000/month in Tokyo could live a similar lifestyle for roughly $2,446/month in Panama City.

What is the rent comparison between Panama City and Tokyo?

In Panama City, a 1-bedroom apartment in the city center costs approximately $1,260/month. In Tokyo, the equivalent is around $870/month.

Which city is better for digital nomads — Panama City or Tokyo?

Both cities have nomad infrastructure. Panama City offers 95 Mbps internet and coworking at ~$380/month. Tokyo offers 85 Mbps and coworking at ~$200/month. Panama City has a cost advantage of 18%.

What is the average income in Panama City vs Tokyo?

The median net monthly salary in Panama City is approximately $650 USD, compared to $2,676 USD in Tokyo.

Compare Panama City with…

Popular head-to-heads — see exactly where Panama City wins or loses.

Cities that cost about the same as Panama City

Same spending tier, different part of the world — the head-to-heads people actually weigh when relocating.

Explore this comparison interactively

See radar charts, detailed category breakdowns, and compare any two cities in real time.

Free to start · No credit card needed