Cost of living comparison

Panama City, Panama

compared to

Wellington, New Zealand

Wellington vs. Panama City Cost of Living Summary

Wellington is 63.3% more expensive than Panama City.

Restaurants: pay 29.0% more in Wellington
Groceries: pay 25.2% more in Wellington
Transportation: pay 2.4 times more in Wellington
Housing: pay 41.9% more in Wellington
Childcare: pay 61.9% more in Wellington
Entertainment and Sports: pay 2.1 times more in Wellington
Clothing: pay 35.5% more in Wellington

The cost of transportation, entertainment and sports, childcare, housing, clothing, and restaurants in Wellington are more expensive than in Panama City. Notably, transportation and entertainment and sports are significantly more expensive in Wellington.

Wellington vs. Panama City Cost Breakdown

If you lived in Wellington instead of Panama City, you would:

Display currency: USD

pay 29.0% more for restaurants

	Panama City	Wellington
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$14.93 NZ$24.83	+12.7%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$8.96 NZ$14.90	+12.0%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$2.57 NZ$4.28	+38.6%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$2.15 NZ$3.58	+52.7%
Average			+29.0%

Panama City vs. Wellington - Cost of restaurants

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pay 25.2% more for groceries

	Panama City	Wellington
Bread 1 loaf	$2.51 PAB2.51	$1.96 NZ$3.27	-21.6%
Local cheese (8 oz)	$6.39 PAB6.39	$4.15 NZ$6.90	-35.0%
Milk (1 gallon)	$6.80 PAB6.80	$6.98 NZ$11.61	+2.7%
Eggs 1 dozen	$2.68 PAB2.68	$6.84 NZ$11.38	+155.6%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$5.06 NZ$8.41	+48.5%
Apples (1 lb)	$1.48 PAB1.48	$1.40 NZ$2.32	-5.7%
Bananas (1 lb)	$0.72 PAB0.72	$1.09 NZ$1.81	+50.9%
Oranges (1 lb)	$1.24 PAB1.24	$1.48 NZ$2.45	+19.0%
Tomatoes (1 lb)	$1.40 PAB1.40	$2.61 NZ$4.34	+86.8%
Potatoes (1 lb)	$0.98 PAB0.98	$1.01 NZ$1.69	+3.1%
Onions (1 lb)	$1.15 PAB1.15	$0.84 NZ$1.39	-26.8%
Average			+25.2%

Panama City vs. Wellington - Cost of groceries

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pay 2.4 times more for transportation

	Panama City	Wellington
Gasoline (1 gallon)	$3.69 PAB3.69	$6.42 NZ$10.67	+73.9%
Monthly public transit pass	$25.00 PAB25.00	$127.57 NZ$212.15	+410.3%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$34,339.84 NZ$57,109.35	+73.9%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$18.22 NZ$30.29	+9.0%
Average			+141.8%

Panama City vs. Wellington - Cost of transportation

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pay 41.9% more for housing

	Panama City	Wellington
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$54.27 NZ$90.25	+4.2%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$1,487.35 NZ$2,473.55	+45.3%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$1,335.17 NZ$2,220.48	+76.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$134.11 NZ$223.03	+41.4%
Average			+41.9%

Panama City vs. Wellington - Cost of housing

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pay 61.9% more for childcare

	Panama City	Wellington
Private preschool for 1 child, monthly	$439.17 PAB439.17	$871.44 NZ$1,449.25	+98.4%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$12,649.75 NZ$21,037.35	+25.3%
Average			+61.9%

Panama City vs. Wellington - Cost of childcare

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pay 2.1 times more for entertainment and sports

	Panama City	Wellington
Domestic/local beer (1 pint)	$3.00 PAB3.00	$7.17 NZ$11.92	+138.9%
Cappuccino in mid-range area	$3.59 PAB3.59	$3.41 NZ$5.68	-4.9%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$24.46 NZ$40.67	+344.7%
Monthly membership at local gym	$47.27 PAB47.27	$39.85 NZ$66.27	-15.7%
Movie ticket to theater/cinema	$7.00 PAB7.00	$12.24 NZ$20.36	+74.9%
Average			+107.6%

Panama City vs. Wellington - Cost of entertainment and sports

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pay 35.5% more for clothing

	Panama City	Wellington
Regular jeans Levi's brand	$53.91 PAB53.91	$75.78 NZ$126.02	+40.6%
Regular dress from H&M or similar store	$37.78 PAB37.78	$55.09 NZ$91.62	+45.8%
Running shoes Nike or Adidas	$87.62 PAB87.62	$119.44 NZ$198.64	+36.3%
Men's business shoes (leather)	$108.75 PAB108.75	$129.60 NZ$215.53	+19.2%
Average			+35.5%

Panama City vs. Wellington - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2025

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