Cost of living in Panama
compared to
Panama Cost of Living Breakdown
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$5.70
-
$11.40
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$7.25
-
$9.00
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.11
-
$2.11
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.99
-
$1.81
|
Panama - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.66
-
$2.86
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$3.15
-
$8.86
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$5.14
-
$7.36
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$1.63
-
$3.05
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$1.64
-
$4.23
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.79
-
$2.13
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.40
-
$1.13
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.68
-
$2.47
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.50
-
$1.59
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.67
-
$1.17
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.45
-
$1.61
|
Panama - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$3.38
-
$4.84
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$20.00
-
$45.00
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$15,000.00
-
$20,000.00
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$10.60
-
$42.25
|
Panama - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$38.00
-
$60.60
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$526.67
-
$1,166.67
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$400.00
-
$887.50
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$37.09
-
$135.74
|
Panama - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$205.00
-
$407.50
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$6,000.00
-
$10,700.00
|
Panama - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.27
-
$2.88
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.25
-
$4.33
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$4.83
-
$6.00
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$30.67
-
$85.00
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$4.75
-
$10.75
|
Panama - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$35.00
-
$58.33
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$17.50
-
$70.00
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$52.50
-
$82.50
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$55.00
-
$153.33
|
Panama - Cost of clothing
These numbers reflect the average prices of 5 cities in Panama, such as
Coronado,
Bocastown,
Panama City,
Boquete,
David,
and more. To view the cost of living in a specific city in Panama, search for a city above.
For a detailed breakdown of Santa Cruz vs. the national average, see the cost of living in Panama compared to Panama.
Help us improve these prices
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