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 Panama City, David, Coronado, Boquete, Bocastown, and more.
local_dining
Restaurants Cost Range  
Basic meal with drink at inexpensive restaurant $10.00
PAB10.00
$5.00 - $15.00 help_outline
Fast food combo meal
McDonalds, or similar
 $7.00
PAB7.00
$6.00 - $10.00 help_outline
Bottle of Coca-Cola (11 fl. oz) $1.37
PAB1.37
$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
 $2.09
PAB2.09
$0.92 - $3.00 help_outline
Local cheese (8 oz) $6.30
PAB6.30
$2.20 - $10.00 help_outline
Milk (1 gallon) $5.85
PAB5.85
$4.73 - $6.74 help_outline
Eggs
1 dozen
 $2.22
PAB2.22
$1.60 - $3.99 help_outline
Boneless chicken breast (1 lb) $3.37
PAB3.37
$2.34 - $4.54 help_outline
Apples (1 lb) $1.65
PAB1.65
$1.00 - $2.27 help_outline
Bananas (1 lb) $0.75
PAB0.75
$0.45 - $1.30 help_outline
Oranges (1 lb) $1.31
PAB1.31
$0.70 - $1.81 help_outline
Tomatoes (1 lb) $1.38
PAB1.38
$0.68 - $2.27 help_outline
Potatoes (1 lb) $0.95
PAB0.95
$0.60 - $1.36 help_outline
Onions (1 lb) $1.06
PAB1.06
$0.68 - $1.36 help_outline
Panama City - Cost of groceries
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drive_eta
Transportation Cost Range  
Gasoline (1 gallon) $3.00
PAB3.00
$2.50 - $3.41 help_outline
Monthly public transit pass $20.00
PAB20.00
$15.00 - $30.00 help_outline
New Volkswagen Golf 1.4 (standard edition) $18,000.00
PAB18,000.00
$16,000.00 - $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
 $47.21
PAB47.21
$35.00 - $75.00 help_outline
1-Bedroom apartment in downtown area $894.23
PAB894.23
$650.00 - $1,250.00 help_outline
1-Bedroom apartment outside city center $597.73
PAB597.73
$450.00 - $800.00 help_outline
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $72.18
PAB72.18
$45.88 - $130.00 help_outline
Panama City - Cost of housing
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child_care
Childcare Cost Range  
Private preschool for 1 child, monthly $264.41
PAB264.41
$120.00 - $500.00 help_outline
Middle school for 1 child, two semesters $7,304.35
PAB7,304.35
$3,000.00 - $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) $2.75
PAB2.75
$2.00 - $5.00 help_outline
Cappuccino in mid-range area $3.02
PAB3.02
$2.00 - $4.00 help_outline
Pack of cigarettes
Marlboro or similar
 $5.42
PAB5.42
$5.00 - $7.00 help_outline
Monthly membership at local gym $47.48
PAB47.48
$20.00 - $65.00 help_outline
Movie ticket to theater/cinema $6.50
PAB6.50
$5.45 - $8.00 help_outline
Panama City - Cost of entertainment and sports
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store
Clothing Cost Range  
Regular jeans
Levi's brand
 $46.90
PAB46.90
$24.00 - $70.00 help_outline
Regular dress
from H&M or similar store
 $37.27
PAB37.27
$25.00 - $70.00 help_outline
Running shoes
Nike or Adidas
 $62.88
PAB62.88
$40.00 - $85.00 help_outline
Men's business shoes (leather) $89.09
PAB89.09
$47.00 - $150.00 help_outline
Panama City - Cost of clothing
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Page last updated: September 2020
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