Cost of living in Panama City

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  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 Panama City, Bocastown, Boquete, Coronado, David, and more.
local_dining
Restaurants Cost Range  
Basic meal with drink at inexpensive restaurant $11.25
PAB11.25
$6.00 - $20.00 help_outline
Fast food combo meal
McDonalds, or similar
 $7.25
PAB7.25
$6.50 - $8.00 help_outline
Bottle of Coca-Cola (11 fl. oz) $1.45
PAB1.45
$1.00 - $2.00 help_outline
Bottle of water (11 fl. oz) $1.16
PAB1.16
$1.00 - $2.00 help_outline
Panama City - Cost of restaurants
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local_grocery_store
Groceries Cost Range  
Bread
1 loaf
 $1.83
PAB1.83
$0.91 - $2.95 help_outline
Local cheese (8 oz) $5.06
PAB5.06
$2.00 - $10.00 help_outline
Milk (1 gallon) $5.71
PAB5.71
$5.11 - $6.40 help_outline
Eggs
1 dozen
 $2.13
PAB2.13
$1.60 - $3.59 help_outline
Boneless chicken breast (1 lb) $3.59
PAB3.59
$1.46 - $4.54 help_outline
Apples (1 lb) $1.60
PAB1.60
$0.65 - $2.72 help_outline
Bananas (1 lb) $0.78
PAB0.78
$0.44 - $1.81 help_outline
Oranges (1 lb) $1.14
PAB1.14
$0.45 - $1.81 help_outline
Tomatoes (1 lb) $1.25
PAB1.25
$0.64 - $1.81 help_outline
Potatoes (1 lb) $1.03
PAB1.03
$0.68 - $1.36 help_outline
Onions (1 lb) $1.06
PAB1.06
$0.79 - $1.59 help_outline
Panama City - Cost of groceries
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drive_eta
Transportation Cost Range  
Gasoline (1 gallon) $2.86
PAB2.86
$2.35 - $3.22 help_outline
Monthly public transit pass $22.50
PAB22.50
$15.00 - $45.00 help_outline
New Volkswagen Golf 1.4 (standard edition) $20,000.00
PAB20,000.00
$18,000.00 - $24,000.00 help_outline
Taxi trip in downtown area (5 miles) $18.50
PAB18.50
$16.00 - $27.50 help_outline
Panama City - Cost of transportation
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home
Housing Cost Range  
Internet connection
50 mbps or faster, cable/dsl
 $45.81
PAB45.81
$34.99 - $65.00 help_outline
1-Bedroom apartment in downtown area $861.90
PAB861.90
$650.00 - $1,200.00 help_outline
1-Bedroom apartment outside city center $553.85
PAB553.85
$350.00 - $900.00 help_outline
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $79.50
PAB79.50
$48.75 - $114.71 help_outline
Panama City - Cost of housing
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child_care
Childcare Cost Range  
Private preschool for 1 child, monthly $352.14
PAB352.14
$150.00 - $500.00 help_outline
Middle school for 1 child, two semesters $11,831.38
PAB11,831.38
$2,750.00 - $18,000.00 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 $3.10
PAB3.10
$2.00 - $4.50 help_outline
Pack of cigarettes
Marlboro or similar
 $6.00
PAB6.00
$5.00 - $8.00 help_outline
Monthly membership at local gym $48.43
PAB48.43
$25.00 - $65.00 help_outline
Movie ticket to theater/cinema $6.50
PAB6.50
$5.00 - $14.00 help_outline
Panama City - Cost of entertainment and sports
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store
Clothing Cost Range  
Regular jeans
Levi's brand
 $51.54
PAB51.54
$25.00 - $75.00 help_outline
Regular dress
from H&M or similar store
 $37.38
PAB37.38
$20.00 - $60.00 help_outline
Running shoes
Nike or Adidas
 $74.09
PAB74.09
$40.00 - $100.00 help_outline
Men's business shoes (leather) $93.41
PAB93.41
$40.00 - $130.00 help_outline
Panama City - Cost of clothing
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Page last updated: August 2021
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