Cost of living in Panama
compared to
These numbers reflect the average prices of 5 cities in Panama, such as
Panama City,
Bocastown,
David,
Boquete,
Coronado,
and more. To view the cost of living in a specific city in Panama, search for a city above.
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.05
PAB8.05
|
$5.12
-
$20.00
|
|
Fast food combo meal
McDonalds, or similar
|
$7.25
PAB7.25
|
$6.25
-
$8.12
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$1.12
-
$1.85
|
| Bottle of water (11 fl. oz) |
$1.29
PAB1.29
|
$1.00
-
$1.50
|
Panama - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$2.00
PAB2.00
|
$1.14
-
$2.69
|
| Local cheese (8 oz) |
$4.22
PAB4.22
|
$2.17
-
$11.42
|
| Milk (1 gallon) |
$5.83
PAB5.83
|
$4.92
-
$6.95
|
|
Eggs
1 dozen
|
$1.95
PAB1.95
|
$1.47
-
$2.80
|
| Boneless chicken breast (1 lb) |
$3.17
PAB3.17
|
$1.32
-
$4.29
|
| Apples (1 lb) |
$1.31
PAB1.31
|
$0.75
-
$1.94
|
| Bananas (1 lb) |
$0.71
PAB0.71
|
$0.37
-
$1.17
|
| Oranges (1 lb) |
$0.98
PAB0.98
|
$0.60
-
$1.36
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.80
-
$1.51
|
| Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.67
-
$1.09
|
| Onions (1 lb) |
$0.94
PAB0.94
|
$0.63
-
$1.29
|
Panama - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$3.24
PAB3.24
|
$2.42
-
$4.04
|
| Monthly public transit pass |
$27.64
PAB27.64
|
$17.50
-
$42.50
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,000.00
PAB19,000.00
|
$16,666.67
-
$22,000.00
|
| Taxi trip in downtown area (5 miles) |
$18.33
PAB18.33
|
$15.67
-
$26.92
|
Panama - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.79
PAB48.79
|
$27.57
-
$80.00
|
| 1-Bedroom apartment in downtown area |
$705.36
PAB705.36
|
$433.33
-
$883.33
|
| 1-Bedroom apartment outside city center |
$419.09
PAB419.09
|
$287.50
-
$637.50
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$81.71
PAB81.71
|
$46.49
-
$98.65
|
Panama - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$383.04
PAB383.04
|
$125.00
-
$300.00
|
| Middle school for 1 child, two semesters |
$7,365.69
PAB7,365.69
|
$2,475.00
-
$10,800.00
|
Panama - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$1.80
PAB1.80
|
$1.13
-
$3.17
|
| Cappuccino in mid-range area |
$2.71
PAB2.71
|
$1.82
-
$3.50
|
|
Pack of cigarettes
Marlboro or similar
|
$5.37
PAB5.37
|
$4.93
-
$8.92
|
| Monthly membership at local gym |
$33.09
PAB33.09
|
$23.89
-
$58.33
|
| Movie ticket to theater/cinema |
$4.50
PAB4.50
|
$3.38
-
$7.88
|
Panama - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$44.29
PAB44.29
|
$23.33
-
$68.33
|
|
Regular dress
from H&M or similar store
|
$42.18
PAB42.18
|
$19.33
-
$58.33
|
|
Running shoes
Nike or Adidas
|
$70.70
PAB70.70
|
$41.33
-
$100.00
|
| Men's business shoes (leather) |
$80.44
PAB80.44
|
$45.00
-
$103.33
|
Panama - Cost of clothing
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