Panama City vs Singapore
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Panama City vs Singapore
Panama City is 79% more affordable for homebuyers. Panama City has a price-to-income ratio of 7.5x compared to 14.5x in Singapore.
| Metric | Panama City | Singapore |
|---|---|---|
| Avg Home Price | $180,000 | $850,000 |
| Price / sqm | $2,500 | $18,000 |
| Rent (1BR) | $800/mo | $2,500/mo |
| Rent (3BR) | $1,400/mo | $4,200/mo |
| Price-to-Income | 7.5x | 14.5x |
| Mortgage Rate | 6.5% | 3.5% |
| 1yr Change | +2.5% | +5.8% |
| Median Income | $24,000/yr | $59,000/yr |
| Population | 880,000 | 5,700,000 |
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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.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Panama City or Singapore more expensive?
Panama City is more affordable. Home prices differ by $670,000 (79%).
Which city has cheaper rent, Panama City or Singapore?
Rent for a 1BR in Panama City is $800/mo vs $2,500/mo in Singapore.
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