Cost of living in Panama City

  1. Cost of Living
  2. Panama
  3. Panama City
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question_answer Tip: Try viewing our aggregate cost of living in Panama to see the average cost of cities throughout Panama, like Coronado, David, Panama City, Boquete, Bocastown, and more.
local_dining
Restaurants Cost Range  
Basic meal with drink at inexpensive restaurant $12.50
PAB12.50
$6.00 - $20.00 help_outline
Fast food combo meal
McDonalds, or similar
 $7.00
PAB7.00
$6.35 - $8.00 help_outline
Bottle of Coca-Cola (11 fl. oz) $1.40
PAB1.40
$1.00 - $2.00 help_outline
Bottle of water (11 fl. oz) $1.14
PAB1.14
$1.00 - $2.00 help_outline
Panama City - Cost of restaurants
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local_grocery_store
Groceries Cost Range  
Bread
1 loaf
 $1.90
PAB1.90
$0.92 - $2.95 help_outline
Local cheese (8 oz) $5.18
PAB5.18
$2.00 - $15.00 help_outline
Milk (1 gallon) $5.79
PAB5.79
$4.92 - $6.74 help_outline
Eggs
1 dozen
 $2.18
PAB2.18
$1.56 - $3.20 help_outline
Boneless chicken breast (1 lb) $3.49
PAB3.49
$2.00 - $4.54 help_outline
Apples (1 lb) $1.67
PAB1.67
$0.65 - $2.72 help_outline
Bananas (1 lb) $0.80
PAB0.80
$0.45 - $1.81 help_outline
Oranges (1 lb) $1.16
PAB1.16
$0.45 - $2.72 help_outline
Tomatoes (1 lb) $1.38
PAB1.38
$0.68 - $2.27 help_outline
Potatoes (1 lb) $1.06
PAB1.06
$0.60 - $2.00 help_outline
Onions (1 lb) $1.09
PAB1.09
$0.80 - $1.36 help_outline
Panama City - Cost of groceries
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drive_eta
Transportation Cost Range  
Gasoline (1 gallon) $2.95
PAB2.95
$2.42 - $3.37 help_outline
Monthly public transit pass $19.00
PAB19.00
$15.00 - $35.00 help_outline
New Volkswagen Golf 1.4 (standard edition) $19,500.00
PAB19,500.00
$17,000.00 - $20,000.00 help_outline
Taxi trip in downtown area (5 miles) $18.00
PAB18.00
$15.50 - $27.00 help_outline
Panama City - Cost of transportation
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home
Housing Cost Range  
Internet connection
50 mbps or faster, cable/dsl
 $49.01
PAB49.01
$35.00 - $75.00 help_outline
1-Bedroom apartment in downtown area $838.89
PAB838.89
$600.00 - $1,200.00 help_outline
1-Bedroom apartment outside city center $570.45
PAB570.45
$400.00 - $900.00 help_outline
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $78.80
PAB78.80
$48.75 - $130.00 help_outline
Panama City - Cost of housing
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child_care
Childcare Cost Range  
Private preschool for 1 child, monthly $295.00
PAB295.00
$150.00 - $500.00 help_outline
Middle school for 1 child, two semesters $7,710.53
PAB7,710.53
$2,750.00 - $16,000.00 help_outline
Panama City - Cost of childcare
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gamepad
Entertainment and Sports Cost Range  
Domestic/local beer (1 pint) $2.50
PAB2.50
$1.50 - $5.00 help_outline
Cappuccino in mid-range area $3.13
PAB3.13
$2.00 - $4.00 help_outline
Pack of cigarettes
Marlboro or similar
 $6.00
PAB6.00
$5.09 - $8.00 help_outline
Monthly membership at local gym $50.38
PAB50.38
$25.00 - $75.00 help_outline
Movie ticket to theater/cinema $6.50
PAB6.50
$5.25 - $10.00 help_outline
Panama City - Cost of entertainment and sports
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store
Clothing Cost Range  
Regular jeans
Levi's brand
 $50.00
PAB50.00
$24.00 - $80.00 help_outline
Regular dress
from H&M or similar store
 $40.80
PAB40.80
$20.00 - $70.00 help_outline
Running shoes
Nike or Adidas
 $69.20
PAB69.20
$40.00 - $100.00 help_outline
Men's business shoes (leather) $93.26
PAB93.26
$45.00 - $130.00 help_outline
Panama City - Cost of clothing
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Page last updated: January 2021
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