Cost of Living Comparison Between Bocas del Toro and Panama City Cost of Living Comparison Between Bocas del Toro and Panama City

🙂 Solo nomad: Bocas del Toro is 27.1% cheaper than Panama City without rent, and 21% cheaper with rent.

🙂 Family of 3: Bocas del Toro is 37% cheaper than Panama City without rent, and 28.8% cheaper with rent.

Meal at Budget Restaurant

$9.29 PAB 9.29

$10.18 PAB 10.18

-8.74%

Three-Course Dinner for Two, Mid-Range

$49.55 PAB 49.55

$49.36 PAB 49.36

0.38%

Fast Food Meal (McDonalds, etc)

$10.01 PAB 10.01

$8.16 PAB 8.16

22.67%

Cappuccino

$3.97 PAB 3.97

$3.58 PAB 3.58

10.89%

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

$1.72 PAB 1.72

$1.66 PAB 1.66

3.61%

Water (0.33 liter bottle)

$1.66 PAB 1.66

$1.41 PAB 1.41

17.73%

Local Beer (0.5 liter draught)

$2.02 PAB 2.02

$3.08 PAB 3.08

-34.42%

Imported Beer (0.33 liter bottle)

$4.04 PAB 4.04

$3.9 PAB 3.9

3.59%

Milk (1 liter)

$1.88 PAB 1.88

White Bread (500g)

$3.83 PAB 3.83

$2.56 PAB 2.56

49.61%

Rice (white) (1kg)

$2.52 PAB 2.52

Eggs

$2.64 PAB 2.64

$2.95 PAB 2.95

-10.51%

Local Cheese (1kg)

$16.96 PAB 16.96

$11.6 PAB 11.6

46.21%

Chicken Fillets (1kg)

$9.08 PAB 9.08

$7.14 PAB 7.14

27.17%

Beef Round Steak (1kg)

$8.49 PAB 8.49

$9.92 PAB 9.92

-14.42%

Apples (1kg)

$4.57 PAB 4.57

$3.42 PAB 3.42

33.63%

Banana (1kg)

$1.51 PAB 1.51

$1.49 PAB 1.49

1.34%

Oranges (1kg)

$2.73 PAB 2.73

Tomato (1kg)

$4.99 PAB 4.99

$3.24 PAB 3.24

54.01%

Potato (1kg)

$3.3 PAB 3.3

$2.28 PAB 2.28

44.74%

Onion (1kg)

$2.91 PAB 2.91

Lettuce (1 head)

$2.14 PAB 2.14

Water (1.5 liter bottle)

$1.58 PAB 1.58

$1.57 PAB 1.57

0.64%

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 PAB 5.84

Wine (Bottle)

$9.91 PAB 9.91

Local Beer (0.5 liter bottle)

$2.79 PAB 2.79

$1.3 PAB 1.3

114.62%

Imported Beer (0.33 liter bottle)

$2.52 PAB 2.52

$2.32 PAB 2.32

8.62%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

Gasoline (1 liter)

$0.89 PAB 0.89

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

$19.9K PAB 19.9K

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

$20.5K PAB 20.5K

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

$124 PAB 124

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

$30.59 PAB 30.59

$29.96 PAB 29.96

2.10%

Internet (50+ Mbps, Unlimited Data)

$34.59 PAB 34.59

$50.2 PAB 50.2

-31.03%

Gym Membership (Monthly)

$44.96 PAB 44.96

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

Cinema Ticket

$8.16 PAB 8.16

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

$471 PAB 471

International Primary School, 1 Child (Yearly)

$16K PAB 16K

Jeans (Levis 501 Or Similar)

$52 PAB 52

Summer Dress (H&M, Zara, etc)

$45.24 PAB 45.24

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

Men's Leather Business Shoes

$120 PAB 120

1-bedroom Apartment, City Center (Monthly)

$744 PAB 744

$1,126 PAB 1,126

-33.92%

1-bedroom Apartment, Outside City Center (Monthly)

$896 PAB 896

$890 PAB 890

0.66%

3-bedroom Apartment, City Center (Monthly)

$1,190 PAB 1,190

$2,013 PAB 2,013

-40.89%

3-bedroom Apartment, Outside City Center (Monthly)

$1,186 PAB 1,186

$1,555 PAB 1,555

-23.74%

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

Average Monthly Net Salary (After Tax)

$697 PAB 697

$975 PAB 975

-28.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

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

Last update for Bocas del Toro: October 27, 2025

Last update for Panama City: October 29, 2025

Similar cities

Ubud

🇮🇩 Indonesia

Bansko

🇧🇬 Bulgaria

Kyiv

🇺🇦 Ukraine

Bogota

🇨🇴 Colombia

Minsk

🇧🇾 Belarus

Rio de Janeiro

🇧🇷 Brazil

Nairobi

🇰🇪 Kenya

Jakarta

🇮🇩 Indonesia