HomePricePeek

Honolulu vs Panama City

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Honolulu vs Panama City

Panama City is 76% more affordable for homebuyers. Honolulu has a price-to-income ratio of 10.5x compared to 7.5x in Panama City.

MetricHonoluluPanama City
Avg Home Price$750,000$180,000
Price / sqm$9,500$2,500
Rent (1BR)$2,200/mo$800/mo
Rent (3BR)$3,500/mo$1,400/mo
Price-to-Income10.5x7.5x
Mortgage Rate6.8%6.5%
1yr Change+1.2%+2.5%
Median Income$71,000/yr$24,000/yr
Population350,000880,000
HonoluluView full details โ†’Panama CityView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Honolulu or Panama City more expensive?
Panama City is more affordable. Home prices differ by $570,000 (76%).
Which city has cheaper rent, Honolulu or Panama City?
Rent for a 1BR in Honolulu is $2,200/mo vs $800/mo in Panama City.

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