HomePricePeek

Muscat vs Panama City

Home Price & Cost of Living Comparison

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

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

Panama City is 36% more affordable for homebuyers. Muscat has a price-to-income ratio of 5.5x compared to 7.5x in Panama City.

MetricMuscatPanama City
Avg Home Price$280,000$180,000
Price / sqm$3,200$2,500
Rent (1BR)$900/mo$800/mo
Rent (3BR)$1,600/mo$1,400/mo
Price-to-Income5.5x7.5x
Mortgage Rate5.5%6.5%
1yr Change+2.2%+2.5%
Median Income$51,000/yr$24,000/yr
Population1,400,000880,000
MuscatView 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 Muscat or Panama City more expensive?
Panama City is more affordable. Home prices differ by $100,000 (36%).
Which city has cheaper rent, Muscat or Panama City?
Rent for a 1BR in Muscat is $900/mo vs $800/mo in Panama City.

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