Last update: Oct 2026

Cost of Living Comparison Between Anapolis and Panama City

For one person, living is cheaper in Anapolis: $708 a month against $1,855 in Panama City, rent and utilities included – about $13,800 less a year. Rent and utilities account for most of the difference.

34

Cost of Living Index in Anapolis
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Anapolis Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Anapolis

🇧🇷 Brazil

$708

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

How much you'll spend in Anapolis and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Anapolis and in Panama City actually costs, broken down by who's living it.

Monthly costs for one person with rent: $708 in Anapolis versus $1,855 in Panama City.

Anapolis $708
Panama City $1,855

Estimated couple costs with rent: $1,181 in Anapolis versus $2,804 in Panama City.

Anapolis $1,181
Panama City $2,804

Monthly costs for a family of three with rent: $1,655 in Anapolis versus $3,753 in Panama City.

Anapolis $1,655
Panama City $3,753

Living in Anapolis costs roughly 62% less than in Panama City, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Anapolis is 48% below, Panama City is 37% above.

Meal at Budget Restaurant

$6.15 R$31.18

$11.63 PAB 11.63

-47.12%

Three-Course Dinner for Two, Mid-Range

$39.37 R$200

$47.92 PAB 47.92

-17.84%

Fast Food Meal (McDonalds, etc)

$8.45 R$42.84

$7.96 PAB 7.96

6.16%

Cappuccino

$2.73 R$13.85

$4.22 PAB 4.22

-35.31%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.12 R$5.67

$2.01 PAB 2.01

-44.28%

Water (0.33 liter bottle)

$0.78 R$3.95

$1.56 PAB 1.56

-50.00%

Local Beer (0.5 liter draught)

$1.97 R$9.98

$3.39 PAB 3.39

-41.89%

Imported Beer (0.33 liter bottle)

$3.57 R$18.09

$3.94 PAB 3.94

-9.39%

Milk (1 liter)

$1.07 R$5.40

$1.85 PAB 1.85

-42.16%

White Bread (500g)

$1.96 R$9.92

$2.56 PAB 2.56

-23.44%

Rice (white) (1kg)

$1.36 R$6.91

$3.48 PAB 3.48

-60.92%

Eggs

$2.15 R$10.92

$2.69 PAB 2.69

-20.07%

Local Cheese (1kg)

$9.28 R$47.03

$12.57 PAB 12.57

-26.17%

Chicken Fillets (1kg)

$4.02 R$20.40

$6.83 PAB 6.83

-41.14%

Beef Round Steak (1kg)

$7.30 R$37.00

$10.58 PAB 10.58

-31.00%

Apples (1kg)

$2.06 R$10.42

$4.18 PAB 4.18

-50.72%

Banana (1kg)

$1.09 R$5.53

$1.83 PAB 1.83

-40.44%

Oranges (1kg)

$1.23 R$6.23

$4.20 PAB 4.20

-70.71%

Tomato (1kg)

$1.13 R$5.72

$4.03 PAB 4.03

-71.96%

Potato (1kg)

$1.18 R$6.01

$3.48 PAB 3.48

-66.09%

Onion (1kg)

$1.02 R$5.15

$4.22 PAB 4.22

-75.83%

Lettuce (1 head)

$0.73 R$3.69

$2.41 PAB 2.41

-69.71%

Water (1.5 liter bottle)

$1.02 R$5.16

$1.69 PAB 1.69

-39.64%

Cigarettes 20 Pack (Marlboro, Camel)

$1.96 R$9.96

$6.14 PAB 6.14

-68.08%

Wine (Bottle)

$5.86 R$29.72

$11.30 PAB 11.30

-48.14%

Local Beer (0.5 liter bottle)

$1.30 R$6.60

$1.42 PAB 1.42

-8.45%

Imported Beer (0.33 liter bottle)

$2.43 R$12.33

$2.73 PAB 2.73

-10.99%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$1.11 R$5.60

$2.52 PAB 2.52

-55.95%

Taxi (Normal Tariff) (1km)

$0.86 R$4.36

$1.86 PAB 1.86

-53.76%

Taxi 1hour Waiting (Normal Tariff)

$6.53 R$33.08

$21.78 PAB 21.78

-70.02%

Gasoline (1 liter)

$1.28 R$6.51

$1.25 PAB 1.25

2.40%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$23.5K R$119.4K

$21.2K PAB 21.2K

10.87%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.4K R$169.2K

$21.0K PAB 21.0K

58.77%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$60.5 R$306

$130 PAB 130

-53.43%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$9.95 R$50.4

$28.13 PAB 28.13

-64.63%

Internet (50+ Mbps, Unlimited Data)

$19.93 R$101

$48.21 PAB 48.21

-58.66%

Gym Membership (Monthly)

$23.62 R$120

$45.78 PAB 45.78

-48.41%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$5.98 R$30.33

$8.67 PAB 8.67

-31.03%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$821 R$4,160

$544 PAB 544

50.78%

International Primary School, 1 Child (Yearly)

$17.4K R$88.4K

$9,697 PAB 9,697

79.76%

Jeans (Levis 501 Or Similar)

$57.1 R$289

$66.8 PAB 66.8

-14.52%

Summer Dress (H&M, Zara, etc)

$40.71 R$206

$49.14 PAB 49.14

-17.16%

Sport Shoes (Adidas, Nike)

$86.6 R$439

$93.9 PAB 93.9

-7.73%

Men's Leather Business Shoes

$40.39 R$205

$112 PAB 112

-63.79%

1-bedroom Apartment, City Center (Monthly)

$244 R$1,239

$1,257 PAB 1,257

-80.55%

1-bedroom Apartment, Outside City Center (Monthly)

$158 R$802

$875 PAB 875

-81.91%

3-bedroom Apartment, City Center (Monthly)

$548 R$2,779

$2,155 PAB 2,155

-74.56%

3-bedroom Apartment, Outside City Center (Monthly)

$366 R$1,857

$1,564 PAB 1,564

-76.58%

Buy Apartment in City Center (m2)

$1,281 R$6,494

$3,122 PAB 3,122

-58.97%

Buy Apartment Outside City Center (m2)

$968 R$4,906

$1,709 PAB 1,709

-43.39%

Average Monthly Net Salary (After Tax)

$539 R$2,732

$916 PAB 916

-41.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.12

6.39

89.67%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Anapolis: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Anapolis

$185 26.2%

Panama City

$325 17.5% 75.4% $140

Accommodation & Living

Anapolis

$158 22.4%

Panama City

$875 47.2% 453% $717

Eating Out

Anapolis

$132 18.6%

Panama City

$207 11.1% 56.7% $75

Clothing & Footwear

Anapolis

$101 14.3%

Panama City

$145 7.8% 43% $43

Monthly Utilities & Internet

Anapolis

$90 12.8%

Panama City

$206 11.1% 128% $116

Sport & Entertainment

Anapolis

$36 5%

Panama City

$63 3.4% 77.3% $28

Getting Around

Anapolis

$5.4 * 0.8%

Panama City

$34 1.9% 537% $29

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $244 in Anapolis and $1,257 in Panama City. Housing cost is often the main lever when comparing two cities.

Panama City pays 70% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $39.00 in Anapolis vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $185 vs $325 per month, with Anapolis cheaper across the board.

Good to know

🇧🇷 Anapolis

🇵🇦 Panama City

🕒 Local time

00:18 12:18 AM

22:18 10:18 PM

2 h behind Anapolis

🌤 Weather

👥 Population

398,869

1,086,990 Capital

💱 Currency

Brazilian Real BRL R$

Panamanian Balboa PAB B/.

📈 Exchange rate

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 19, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Panamanian Balboa exchange rates as of October 19, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to BRL in detail →

On the map

Lowest

Highest

Between locations

Anapolis Panama City 4,390 km ≈ 6 h nonstop flight

From you

Anapolis
Panama City

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Anapolis vs Panama City: Cost of Living - Frequently Asked Questions

Anapolis wins on cost – living expenses run 162% lower than in Panama City. Housing and daily spending are where you'll feel the difference most, making Anapolis the obvious pick if budget is a priority.

On paper, salaries run 70% lower in Panama City. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $244 in Anapolis versus $1,257 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 75% higher in Panama City. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $708 per month in Anapolis versus $1,855 in Panama City – a 162% gap that adds up to real savings over time for anyone picking the cheaper option.

At $708 in Anapolis versus $1,855 in Panama City, a $1,000 budget is realistic in Anapolis but tight or insufficient in Panama City. The gap between the two cities makes Anapolis the clear choice for anyone on this budget.

Both work as nomad bases, but Anapolis delivers better value – similar infrastructure at $708 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Anapolis hard to pass up.

Expats usually find Anapolis gentler on the wallet – expenses run 162% less than in Panama City. Beyond cost, consider language, visa policies, and how big the international community is in each city.