Thessaloniki vs Panama City

Cost of living comparison for 2026. Thessaloniki is roughly 2% more affordable than Panama City (index 29 vs 30, New York = 100). Data sourced live via AI — updated regularly.

Thessaloniki
More affordable overall
2% cheaper than Panama City · Cost index: 29 vs 30

Life Power at $3,000/mo

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

Head-to-Head Stats

29Cost Index30
960Median Income /mo650
72Safety Index62
22Income Tax %15
85Internet (Mbps)95
150Coworking /mo380

Price Breakdown

ThessalonikiCategoryPanama City
$530/month
1-BR Apartment (Center)
58% cheaper →
$1,260/month
$1.35/liter
Meal for One
19% ← cheaper
$1.1/liter
$13/meal
Restaurant (Mid-range)
8% ← cheaper
$12/meal
$35/month
Monthly Transit Pass
40% ← cheaper
$21/month
$165/month
Utilities (Monthly)
18% ← cheaper
$135/month
$70/visit
Doctor Visit
14% ← cheaper
$60/visit

Digital Nomad Profile

Thessaloniki

Internet85 Mbps
Coworking$150/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability78/100

Panama City

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

Frequently Asked Questions

Is Thessaloniki cheaper than Panama City?

Thessaloniki is cheaper than Panama City. Thessaloniki has a cost of living index of 29/100 compared to 30/100 for Panama City (New York = 100), making it roughly 2% more affordable overall.

How much cheaper is Thessaloniki than Panama City?

Thessaloniki is approximately 2% cheaper than Panama City based on cost index scores (29 vs 30, where New York = 100). A person spending $3,000/month in Panama City could live a similar lifestyle for roughly $2,943/month in Thessaloniki.

What is the rent comparison between Thessaloniki and Panama City?

In Thessaloniki, a 1-bedroom apartment in the city center costs approximately $530/month. In Panama City, the equivalent is around $1,260/month.

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

Both cities have nomad infrastructure. Thessaloniki offers 85 Mbps internet and coworking at ~$150/month. Panama City offers 95 Mbps and coworking at ~$380/month. Thessaloniki has a cost advantage of 2%.

What is the average income in Thessaloniki vs Panama City?

The median net monthly salary in Thessaloniki is approximately $960 USD, compared to $650 USD in Panama City.

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