Last update: Oct 2026

Cost of Living Comparison Between Argentina and Panama City

For one person, living is cheaper in Argentina: $1,340 a month against $1,837 in Panama City, rent and utilities included – about $6,000 less a year. Rent and utilities account for most of the difference.

66

Cost of Living Index in Argentina
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Argentina Living Index
90

Cost of Living Index in Panama City
Learn more

Panama City Living Index

Jump to prices

🇦🇷 Argentina

$1,340

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

🙂 Solo nomad: Argentina is 2.7% cheaper than Panama City without rent, and 27.1% cheaper with rent.

🙂 Family of 3: Argentina is 1% cheaper than Panama City without rent, and 19.6% cheaper with rent.

Meal at Budget Restaurant

$14.41 ARS 21.9K

$11.34 PAB 11.34

27.07%

Three-Course Dinner for Two, Mid-Range

$54.1 ARS 82.0K

$47.85 PAB 47.85

12.98%

Fast Food Meal (McDonalds, etc)

$13.04 ARS 19.8K

$8.07 PAB 8.07

61.59%

Cappuccino

$3.51 ARS 5,325

$4.02 PAB 4.02

-12.69%

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

$2.18 ARS 3,305

$1.94 PAB 1.94

12.37%

Water (0.33 liter bottle)

$1.60 ARS 2,424

$1.62 PAB 1.62

-1.23%

Local Beer (0.5 liter draught)

$3.68 ARS 5,587

$3.26 PAB 3.26

12.88%

Imported Beer (0.33 liter bottle)

$4.04 ARS 6,133

$3.99 PAB 3.99

1.25%

Milk (1 liter)

$1.36 ARS 2,062

$1.83 PAB 1.83

-25.68%

White Bread (500g)

$2.31 ARS 3,505

$2.57 PAB 2.57

-10.12%

Rice (white) (1kg)

$1.82 ARS 2,760

$3.33 PAB 3.33

-45.35%

Eggs

$2.64 ARS 3,999

$2.69 PAB 2.69

-1.86%

Local Cheese (1kg)

$10.22 ARS 15.5K

$12.33 PAB 12.33

-17.11%

Chicken Fillets (1kg)

$8.49 ARS 12.9K

$6.69 PAB 6.69

26.91%

Beef Round Steak (1kg)

$11.71 ARS 17.8K

$10.40 PAB 10.40

12.60%

Apples (1kg)

$2.51 ARS 3,809

$4.16 PAB 4.16

-39.66%

Banana (1kg)

$2.08 ARS 3,155

$1.84 PAB 1.84

13.04%

Oranges (1kg)

$1.39 ARS 2,112

$4.18 PAB 4.18

-66.75%

Tomato (1kg)

$2.32 ARS 3,524

$4.08 PAB 4.08

-43.14%

Potato (1kg)

$1.15 ARS 1,738

$3.50 PAB 3.50

-67.14%

Onion (1kg)

$1.10 ARS 1,665

$4.37 PAB 4.37

-74.83%

Lettuce (1 head)

$1.54 ARS 2,339

$2.34 PAB 2.34

-34.19%

Water (1.5 liter bottle)

$1.58 ARS 2,390

$1.75 PAB 1.75

-9.71%

Cigarettes 20 Pack (Marlboro, Camel)

$3.95 ARS 5,988

$6.06 PAB 6.06

-34.82%

Wine (Bottle)

$5.02 ARS 7,616

$11.72 PAB 11.72

-57.17%

Local Beer (0.5 liter bottle)

$1.90 ARS 2,882

$1.37 PAB 1.37

38.69%

Imported Beer (0.33 liter bottle)

$2.94 ARS 4,455

$2.84 PAB 2.84

3.52%

One-way Ticket (Public Transport)

$1.03 ARS 1,557

$0.36 PAB 0.36

186.11%

Public Transport Monthly Pass (Regular Price)

$28.86 ARS 43.8K

$20.96 PAB 20.96

37.69%

Taxi Start (Normal Tariff)

$1.63 ARS 2,467

$2.52 PAB 2.52

-35.32%

Taxi (Normal Tariff) (1km)

$0.99 ARS 1,500

$1.79 PAB 1.79

-44.69%

Taxi 1hour Waiting (Normal Tariff)

$7.51 ARS 11.4K

$22.01 PAB 22.01

-65.88%

Gasoline (1 liter)

$1.22 ARS 1,851

$1.25 PAB 1.25

-2.40%

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

$26.9K ARS 40.7M

$21.5K PAB 21.5K

24.73%

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

$33.0K ARS 50.0M

$21.2K PAB 21.2K

55.53%

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

$145 ARS 219.8K

$131 PAB 131

10.47%

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

$17.76 ARS 26.9K

$27.68 PAB 27.68

-35.84%

Internet (50+ Mbps, Unlimited Data)

$26.56 ARS 40.3K

$48.59 PAB 48.59

-45.34%

Gym Membership (Monthly)

$35.19 ARS 53.4K

$46.11 PAB 46.11

-23.68%

Tennis Court (1 Hour on Weekend)

$18.46 ARS 28.0K

$35.01 PAB 35.01

-47.27%

Cinema Ticket

$9.89 ARS 15.0K

$8.73 PAB 8.73

13.29%

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

$336 ARS 509.7K

$551 PAB 551

-38.96%

International Primary School, 1 Child (Yearly)

$6,222 ARS 9.4M

$9,560 PAB 9,560

-34.91%

Jeans (Levis 501 Or Similar)

$111 ARS 167.7K

$67.6 PAB 67.6

63.51%

Summer Dress (H&M, Zara, etc)

$86.7 ARS 131.4K

$48.03 PAB 48.03

80.41%

Sport Shoes (Adidas, Nike)

$121 ARS 184.1K

$94.9 PAB 94.9

27.91%

Men's Leather Business Shoes

$120 ARS 181.8K

$113 PAB 113

6.17%

1-bedroom Apartment, City Center (Monthly)

$550 ARS 833.5K

$1,238 PAB 1,238

-55.59%

1-bedroom Apartment, Outside City Center (Monthly)

$371 ARS 562.6K

$873 PAB 873

-57.51%

3-bedroom Apartment, City Center (Monthly)

$1,071 ARS 1.6M

$2,197 PAB 2,197

-51.24%

3-bedroom Apartment, Outside City Center (Monthly)

$818 ARS 1.2M

$1,538 PAB 1,538

-46.85%

Buy Apartment in City Center (m2)

$2,245 ARS 3.4M

$3,116 PAB 3,116

-27.95%

Buy Apartment Outside City Center (m2)

$1,477 ARS 2.2M

$1,725 PAB 1,725

-14.36%

Average Monthly Net Salary (After Tax)

$783 ARS 1.2M

$934 PAB 934

-16.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

58.21

6.39

810.95%

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

Last update for Argentina: October 5, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Argentina

$371 27.5%

Panama City

$873 47.2% 135% $502

Groceries & Markets

Argentina

$261 19.3%

Panama City

$324 17.5% 24.2% $63

Eating Out

Argentina

$238 17.6%

Panama City

$202 10.9% 15.3% $37

Clothing & Footwear

Argentina

$197 14.6%

Panama City

$146 7.9% 26.2% $52

Monthly Utilities & Internet

Argentina

$189 14%

Panama City

$207 11.2% 9.6% $18

Sport & Entertainment

Argentina

$55 4.1%

Panama City

$64 3.4% 15.6% $8.6

Getting Around

Argentina

$40 2.9%

Panama City

$34 1.8% 14.3% $5.7

Good to know

🇦🇷 Argentina

🇵🇦 Panama City

🕒 Local time

07:38 7:38 AM

05:38 5:38 AM

2 h behind Argentina

🌤 Weather

👥 Population

47,327,407

1,086,990 Capital

💱 Currency

Argentine Peso ARS $

Panamanian Balboa PAB B/.

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.88 EUR

1 PAB = 1 USD

1 PAB = 0.892 EUR

Exchange rates and currency converter

PAB, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 10, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,699 ARS (10,000 ARS = 5.88 EUR).

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

USD to ARS in detail →

On the map

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Between locations

Argentina Panama City 5,330 km ≈ 7 h nonstop flight

From you

Argentina
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

Argentina vs other spots: cost of living compared

Cost of Living Comparison Between Argentina and Panama City

PAB, USD, EUR to ARS – Argentine Peso Converter

City Median Internet Speeds Comparison (Updated April 2026)

Argentina

Panama City

Argentina

Panama City

Argentina vs other spots: cost of living compared

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