Last update: Oct 2026

Cost of Living Comparison Between Bocastown, Isla Colon and Coronado

For one person, living is cheaper in Bocastown, Isla Colon: $1,205 a month against $1,349 in Coronado, rent and utilities included – about $1,700 less a year. Rent and utilities account for about half of the difference.

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Cost of Living Index in Coronado
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Coronado Living Index

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Bocastown, Isla Colon

🇵🇦 Panama

$1,205

/mo nomad

Coronado

🇵🇦 Panama

$1,349

/mo nomad

Monthly Cost of Living

How much you'll spend in Bocastown, Isla Colon and in Coronado

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

A single person spends $1,205 per month in Bocastown, Isla Colon vs $1,349 in Coronado, rent included.

Bocastown, Isla Colon $1,205
Coronado $1,349

A couple spends around $2,060 per month in Bocastown, Isla Colon vs $2,172 in Coronado, rent included.

Bocastown, Isla Colon $2,060
Coronado $2,172

A family of three spends $2,915 per month in Bocastown, Isla Colon vs $2,996 in Coronado, rent included.

Bocastown, Isla Colon $2,915
Coronado $2,996

Bocastown, Isla Colon is about 11% cheaper than Coronado, and outside of rent the biggest gap is in groceries.

Bocastown, Isla Colon sits 11% below the global median, while Coronado is 0% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.44 PAB 5.44

$12.23 PAB 12.23

-55.52%

Three-Course Dinner for Two, Mid-Range

$44.68 PAB 44.68

$55.3 PAB 55.3

-19.20%

Fast Food Meal (McDonalds, etc)

$13.19 PAB 13.19

$8.94 PAB 8.94

47.54%

Cappuccino

$3.83 PAB 3.83

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

$1.01 PAB 1.01

$1.23 PAB 1.23

-17.89%

Water (0.33 liter bottle)

$0.92 PAB 0.92

Local Beer (0.5 liter draught)

$2.48 PAB 2.48

$1.02 PAB 1.02

143.14%

Imported Beer (0.33 liter bottle)

$2.57 PAB 2.57

Milk (1 liter)

$2.08 PAB 2.08

$1.94 PAB 1.94

7.22%

White Bread (500g)

$3.11 PAB 3.11

$1.59 PAB 1.59

95.60%

Rice (white) (1kg)

$2.45 PAB 2.45

Eggs

$2.79 PAB 2.79

$2.36 PAB 2.36

18.22%

Local Cheese (1kg)

$15.77 PAB 15.77

$11.62 PAB 11.62

35.71%

Chicken Fillets (1kg)

$9.00 PAB 9.00

$6.87 PAB 6.87

31.00%

Beef Round Steak (1kg)

$8.40 PAB 8.40

$9.34 PAB 9.34

-10.06%

Apples (1kg)

$3.84 PAB 3.84

Banana (1kg)

$1.45 PAB 1.45

$0.90 PAB 0.90

61.11%

Oranges (1kg)

$2.97 PAB 2.97

Tomato (1kg)

$5.34 PAB 5.34

$2.88 PAB 2.88

85.42%

Potato (1kg)

$2.14 PAB 2.14

$1.83 PAB 1.83

16.94%

Onion (1kg)

$1.61 PAB 1.61

$1.86 PAB 1.86

-13.44%

Lettuce (1 head)

$2.52 PAB 2.52

$2.54 PAB 2.54

-0.79%

Water (1.5 liter bottle)

$1.72 PAB 1.72

Cigarettes 20 Pack (Marlboro, Camel)

$4.61 PAB 4.61

Wine (Bottle)

$9.09 PAB 9.09

$8.75 PAB 8.75

3.89%

Local Beer (0.5 liter bottle)

$1.78 PAB 1.78

$0.73 PAB 0.73

143.84%

Imported Beer (0.33 liter bottle)

$2.56 PAB 2.56

$0.70 PAB 0.70

265.71%

One-way Ticket (Public Transport)

$1.02 PAB 1.02

$0.67 PAB 0.67

52.24%

Taxi Start (Normal Tariff)

$0.98 PAB 0.98

$1.49 PAB 1.49

-34.23%

Taxi (Normal Tariff) (1km)

$1.49 PAB 1.49

Gasoline (1 liter)

$1.33 PAB 1.33

$0.94 PAB 0.94

41.49%

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

$33.3K PAB 33.3K

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

$87.7 PAB 87.7

$172 PAB 172

-48.97%

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

$25.71 PAB 25.71

$21.06 PAB 21.06

22.08%

Internet (50+ Mbps, Unlimited Data)

$50.5 PAB 50.5

$58.8 PAB 58.8

-14.21%

Gym Membership (Monthly)

$35.08 PAB 35.08

$59.9 PAB 59.9

-41.43%

Cinema Ticket

$3.43 PAB 3.43

Jeans (Levis 501 Or Similar)

$45.03 PAB 45.03

Men's Leather Business Shoes

$64.4 PAB 64.4

1-bedroom Apartment, City Center (Monthly)

$744 PAB 744

$773 PAB 773

-3.75%

1-bedroom Apartment, Outside City Center (Monthly)

$584 PAB 584

$565 PAB 565

3.45%

3-bedroom Apartment, City Center (Monthly)

$1,216 PAB 1,216

$1,241 PAB 1,241

-2.04%

3-bedroom Apartment, Outside City Center (Monthly)

$1,506 PAB 1,506

$1,285 PAB 1,285

17.19%

Buy Apartment Outside City Center (m2)

$1,970 PAB 1,970

Average Monthly Net Salary (After Tax)

$675 PAB 675

$443 PAB 443

52.57%

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

Last update for Bocastown, Isla Colon: October 10, 2026

Last update for Coronado: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Bocastown, Isla Colon

–

Coronado

$565 41.9%

Monthly Utilities & Internet

Bocastown, Isla Colon

–

Coronado

$252 18.7%

Groceries & Markets

Bocastown, Isla Colon

–

Coronado

$216 * 16%

Eating Out

Bocastown, Isla Colon

–

Coronado

$189 14%

Sport & Entertainment

Bocastown, Isla Colon

–

Coronado

$67 5%

Clothing & Footwear

Bocastown, Isla Colon

–

Coronado

$49 * 3.7%

Getting Around

Bocastown, Isla Colon

–

Coronado

$12 * 0.9%

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

Cost Breakdown

A central one-bedroom costs $744 in Bocastown, Isla Colon versus $773 in Coronado. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 53% higher in Bocastown, Isla Colon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $45.00 in Bocastown, Isla Colon versus $55.0 in Coronado. Groceries tell a different story – $318 in Bocastown, Isla Colon vs $216 in Coronado – so Coronado wins on supermarket bills even if dining out costs more.

Good to know

🇵🇦 Bocastown, Isla Colon

🇵🇦 Coronado

🕒 Local time

22:25 10:25 PM

Same time as Bocastown, Isla Colon

🌤 Weather

👥 Population

5,380

1,444

💱 Currency

Panamanian Balboa PAB B/.

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

On the map

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Between locations

Bocastown, Isla Colon Coronado 270 km

From you

Bocastown, Isla Colon
Coronado

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

Bocastown, Isla Colon vs Coronado: Cost of Living - Frequently Asked Questions

Coronado costs about 12% more than Bocastown, Isla Colon, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,808 per month in Bocastown, Isla Colon and $2,024 in Coronado. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Bocastown, Isla Colon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,205 in Bocastown, Isla Colon and $1,349 in Coronado. That's a gap of about 12%.

Interestingly, groceries are about 47% cheaper in Coronado – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Bocastown, Isla Colon, where all-in costs run around $1,205, than in Coronado at $1,349. In Bocastown, Isla Colon it covers expenses comfortably, while in Coronado it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Bocastown, Isla Colon costs $1,205 versus $1,349 in Coronado. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Bocastown, Isla Colon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Coronado makes more sense. Both are solid long-term options with distinct trade-offs.