Cost of living in Panama
compared to
These numbers reflect the average prices of 5 cities in Panama, such as
Boquete,
Panama City,
Coronado,
David,
Bocastown,
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 |
$7.60
PAB7.60
|
$5.30
-
$17.40
|
|
Fast food combo meal
McDonalds, or similar
|
$7.15
PAB7.15
|
$6.38
-
$8.00
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.68
PAB1.68
|
$1.25
-
$2.10
|
| Bottle of water (11 fl. oz) |
$1.40
PAB1.40
|
$1.06
-
$1.56
|
Panama - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$2.03
PAB2.03
|
$1.24
-
$2.66
|
| Local cheese (8 oz) |
$5.67
PAB5.67
|
$2.76
-
$11.73
|
| Milk (1 gallon) |
$6.13
PAB6.13
|
$4.77
-
$6.96
|
|
Eggs
1 dozen
|
$2.09
PAB2.09
|
$1.58
-
$2.46
|
| Boneless chicken breast (1 lb) |
$3.01
PAB3.01
|
$1.43
-
$4.38
|
| Apples (1 lb) |
$1.72
PAB1.72
|
$0.75
-
$2.51
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.44
-
$1.02
|
| Oranges (1 lb) |
$0.98
PAB0.98
|
$0.60
-
$1.38
|
| Tomatoes (1 lb) |
$1.21
PAB1.21
|
$0.60
-
$1.54
|
| Potatoes (1 lb) |
$0.87
PAB0.87
|
$0.60
-
$1.04
|
| Onions (1 lb) |
$0.88
PAB0.88
|
$0.54
-
$1.23
|
Panama - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$3.77
PAB3.77
|
$3.19
-
$4.97
|
| Monthly public transit pass |
$30.14
PAB30.14
|
$17.61
-
$42.50
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,416.67
PAB20,416.67
|
$17,333.33
-
$24,000.00
|
| Taxi trip in downtown area (5 miles) |
$18.20
PAB18.20
|
$13.50
-
$24.75
|
Panama - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.06
PAB51.06
|
$30.37
-
$81.80
|
| 1-Bedroom apartment in downtown area |
$744.83
PAB744.83
|
$433.33
-
$866.67
|
| 1-Bedroom apartment outside city center |
$422.47
PAB422.47
|
$275.00
-
$587.50
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$83.26
PAB83.26
|
$48.08
-
$106.06
|
Panama - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$408.75
PAB408.75
|
$143.33
-
$276.67
|
| Middle school for 1 child, two semesters |
$8,339.33
PAB8,339.33
|
$4,975.00
-
$10,800.00
|
Panama - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$1.41
-
$2.38
|
| Cappuccino in mid-range area |
$2.94
PAB2.94
|
$1.82
-
$3.58
|
|
Pack of cigarettes
Marlboro or similar
|
$5.33
PAB5.33
|
$4.96
-
$8.42
|
| Monthly membership at local gym |
$31.46
PAB31.46
|
$21.56
-
$70.00
|
| Movie ticket to theater/cinema |
$4.27
PAB4.27
|
$3.38
-
$6.38
|
Panama - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$45.14
PAB45.14
|
$28.00
-
$65.00
|
|
Regular dress
from H&M or similar store
|
$41.78
PAB41.78
|
$19.33
-
$59.67
|
|
Running shoes
Nike or Adidas
|
$68.21
PAB68.21
|
$43.00
-
$100.00
|
| Men's business shoes (leather) |
$78.97
PAB78.97
|
$48.33
-
$110.00
|
Panama - Cost of clothing
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