Cost of living in Panama
compared to
These numbers reflect the average prices of 5 cities in Panama, such as
Boquete,
Coronado,
Bocastown,
Panama City,
David,
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 |
$8.30
PAB8.30
|
$5.70
-
$17.00
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$7.00
-
$8.75
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$1.11
-
$2.45
|
| Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$0.97
-
$2.05
|
Panama - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.36
-
$2.75
|
| Local cheese (8 oz) |
$5.28
PAB5.28
|
$2.63
-
$7.74
|
| Milk (1 gallon) |
$6.34
PAB6.34
|
$5.15
-
$7.31
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$1.44
-
$3.18
|
| Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$1.77
-
$4.99
|
| Apples (1 lb) |
$1.87
PAB1.87
|
$0.91
-
$2.51
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.39
-
$1.21
|
| Oranges (1 lb) |
$1.31
PAB1.31
|
$0.60
-
$2.03
|
| Tomatoes (1 lb) |
$1.32
PAB1.32
|
$0.48
-
$1.66
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.55
-
$1.29
|
| Onions (1 lb) |
$0.95
PAB0.95
|
$0.57
-
$1.54
|
Panama - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$3.90
PAB3.90
|
$3.38
-
$4.92
|
| Monthly public transit pass |
$23.33
PAB23.33
|
$20.00
-
$45.00
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$18,750.00
-
$23,250.00
|
| Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$11.29
-
$26.62
|
Panama - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$36.00
-
$64.40
|
| 1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$460.00
-
$962.50
|
| 1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$344.00
-
$690.00
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$43.89
-
$135.35
|
Panama - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$226.67
-
$460.00
|
| Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$5,000.00
-
$14,000.00
|
Panama - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$1.18
-
$3.10
|
| Cappuccino in mid-range area |
$3.35
PAB3.35
|
$1.88
-
$4.58
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$4.88
-
$6.38
|
| Monthly membership at local gym |
$58.09
PAB58.09
|
$31.66
-
$71.67
|
| Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$3.88
-
$9.50
|
Panama - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$28.33
-
$70.00
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$9.33
-
$62.67
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$48.33
-
$88.33
|
| Men's business shoes (leather) |
$78.30
PAB78.30
|
$55.00
-
$121.25
|
Panama - Cost of clothing
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more