Cost of living in Panama
compared to
Panama Cost of Living Breakdown
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.35
PAB8.35
|
$6.00
-
$14.60
|
|
Fast food combo meal
McDonalds, or similar
|
$7.75
PAB7.75
|
$7.00
-
$8.50
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
PAB1.37
|
$0.95
-
$2.01
|
| Bottle of water (11 fl. oz) |
$1.21
PAB1.21
|
$0.88
-
$1.69
|
Panama - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$2.21
PAB2.21
|
$1.56
-
$2.94
|
| Local cheese (8 oz) |
$6.02
PAB6.02
|
$3.39
-
$9.74
|
| Milk (1 gallon) |
$6.86
PAB6.86
|
$5.73
-
$7.70
|
|
Eggs
1 dozen
|
$2.47
PAB2.47
|
$1.79
-
$3.15
|
| Boneless chicken breast (1 lb) |
$3.58
PAB3.58
|
$2.06
-
$4.78
|
| Apples (1 lb) |
$2.13
PAB2.13
|
$1.19
-
$2.61
|
| Bananas (1 lb) |
$0.60
PAB0.60
|
$0.46
-
$0.86
|
| Oranges (1 lb) |
$1.40
PAB1.40
|
$0.68
-
$2.47
|
| Tomatoes (1 lb) |
$1.51
PAB1.51
|
$0.68
-
$1.41
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.63
-
$1.16
|
| Onions (1 lb) |
$0.99
PAB0.99
|
$0.53
-
$1.44
|
Panama - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$3.87
PAB3.87
|
$3.34
-
$4.74
|
| Monthly public transit pass |
$23.75
PAB23.75
|
$20.00
-
$40.00
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,416.67
PAB23,416.67
|
$19,000.00
-
$23,500.00
|
| Taxi trip in downtown area (5 miles) |
$20.20
PAB20.20
|
$13.72
-
$42.50
|
Panama - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.39
PAB48.39
|
$39.00
-
$63.40
|
| 1-Bedroom apartment in downtown area |
$765.94
PAB765.94
|
$632.50
-
$1,212.50
|
| 1-Bedroom apartment outside city center |
$630.77
PAB630.77
|
$462.50
-
$1,000.00
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.09
PAB89.09
|
$52.37
-
$137.26
|
Panama - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$363.00
PAB363.00
|
$330.00
-
$1,000.00
|
| Middle school for 1 child, two semesters |
$9,411.11
PAB9,411.11
|
$8,000.00
-
$11,000.00
|
Panama - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.50
-
$2.70
|
| Cappuccino in mid-range area |
$3.54
PAB3.54
|
$1.73
-
$4.83
|
|
Pack of cigarettes
Marlboro or similar
|
$5.48
PAB5.48
|
$5.00
-
$5.67
|
| Monthly membership at local gym |
$51.47
PAB51.47
|
$35.67
-
$71.67
|
| Movie ticket to theater/cinema |
$5.97
PAB5.97
|
$4.75
-
$11.75
|
Panama - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$43.33
PAB43.33
|
$35.00
-
$55.00
|
|
Regular dress
from H&M or similar store
|
$34.17
PAB34.17
|
$25.00
-
$62.50
|
|
Running shoes
Nike or Adidas
|
$80.40
PAB80.40
|
$52.50
-
$82.50
|
| Men's business shoes (leather) |
$106.46
PAB106.46
|
$57.50
-
$200.00
|
Panama - Cost of clothing
These numbers reflect the average prices of 5 cities in Panama, such as
Panama City,
Boquete,
Coronado,
Bocastown,
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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