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 33.2% cheaper than Panama City without rent, and 21.7% cheaper with rent.

🙂 Family of 3: Bocas del Toro is 33.1% cheaper than Panama City without rent, and 29.7% cheaper with rent.

Meal at Budget Restaurant

$9.40 PAB 9.40

$10.13 PAB 10.13

-7.21%

Three-Course Dinner for Two, Mid-Range

$50.6 PAB 50.6

$50.2 PAB 50.2

0.90%

Fast Food Meal (McDonalds, etc)

$10.09 PAB 10.09

$8.19 PAB 8.19

23.20%

Cappuccino

$4.05 PAB 4.05

$3.63 PAB 3.63

11.57%

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

$1.80 PAB 1.80

$1.68 PAB 1.68

7.14%

Water (0.33 liter bottle)

$1.66 PAB 1.66

$1.39 PAB 1.39

19.42%

Local Beer (0.5 liter draught)

$1.96 PAB 1.96

$2.99 PAB 2.99

-34.45%

Imported Beer (0.33 liter bottle)

$3.88 PAB 3.88

$3.89 PAB 3.89

-0.26%

Milk (1 liter)

$1.82 PAB 1.82

White Bread (500g)

$3.97 PAB 3.97

$2.47 PAB 2.47

60.73%

Rice (white) (1kg)

$2.40 PAB 2.40

Eggs

$2.59 PAB 2.59

$2.82 PAB 2.82

-8.16%

Local Cheese (1kg)

$17.20 PAB 17.20

$11.46 PAB 11.46

50.09%

Chicken Fillets (1kg)

$8.71 PAB 8.71

$7.36 PAB 7.36

18.34%

Beef Round Steak (1kg)

$8.10 PAB 8.10

$9.81 PAB 9.81

-17.43%

Apples (1kg)

$4.55 PAB 4.55

$3.38 PAB 3.38

34.62%

Banana (1kg)

$1.47 PAB 1.47

Oranges (1kg)

$2.83 PAB 2.83

Tomato (1kg)

$5.03 PAB 5.03

$3.09 PAB 3.09

62.78%

Potato (1kg)

$3.34 PAB 3.34

$2.24 PAB 2.24

49.11%

Onion (1kg)

$2.77 PAB 2.77

Lettuce (1 head)

$2.13 PAB 2.13

Water (1.5 liter bottle)

$1.58 PAB 1.58

$1.54 PAB 1.54

2.60%

Cigarettes 20 Pack (Marlboro, Camel)

$6.03 PAB 6.03

Wine (Bottle)

$10.98 PAB 10.98

Local Beer (0.5 liter bottle)

$2.90 PAB 2.90

$1.28 PAB 1.28

126.56%

Imported Beer (0.33 liter bottle)

$2.56 PAB 2.56

$2.40 PAB 2.40

6.67%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

Public Transport Monthly Pass (Regular Price)

$22.68 PAB 22.68

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

Taxi (Normal Tariff) (1km)

$1.83 PAB 1.83

Taxi 1hour Waiting (Normal Tariff)

$21.82 PAB 21.82

Gasoline (1 liter)

$0.87 PAB 0.87

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

$19.7K PAB 19.7K

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

$20.8K PAB 20.8K

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

$121 PAB 121

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

$30.17 PAB 30.17

$30.37 PAB 30.37

-0.66%

Internet (50+ Mbps, Unlimited Data)

$35.64 PAB 35.64

$48.88 PAB 48.88

-27.09%

Gym Membership (Monthly)

$45.39 PAB 45.39

Tennis Court (1 Hour on Weekend)

$32.72 PAB 32.72

Cinema Ticket

$8.08 PAB 8.08

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

$470 PAB 470

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

Jeans (Levis 501 Or Similar)

$51.7 PAB 51.7

Summer Dress (H&M, Zara, etc)

$46.93 PAB 46.93

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

Men's Leather Business Shoes

$123 PAB 123

1-bedroom Apartment, City Center (Monthly)

$744 PAB 744

$1,149 PAB 1,149

-35.23%

1-bedroom Apartment, Outside City Center (Monthly)

$896 PAB 896

$883 PAB 883

1.54%

3-bedroom Apartment, City Center (Monthly)

$1,188 PAB 1,188

$2,063 PAB 2,063

-42.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,209 PAB 1,209

$1,595 PAB 1,595

-24.22%

Buy Apartment in City Center (m2)

$3,067 PAB 3,067

Buy Apartment Outside City Center (m2)

$1,712 PAB 1,712

Average Monthly Net Salary (After Tax)

$712 PAB 712

$947 PAB 947

-24.83%

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: April 12, 2026

Last update for Panama City: April 13, 2026

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

Bocas del Toro vs other spots: cost of living compared

Similar cities

Mexico City

🇲🇽 Mexico

Ubud, Bali

🇮🇩 Indonesia

Budapest

🇭🇺 Hungary

Buenos Aires

🇦🇷 Argentina

Istanbul

🇹🇷 Turkey

Sofia

🇧🇬 Bulgaria

Jimbaran, Bali

🇮🇩 Indonesia

Taipei

🇹🇼 Taiwan