Last update: Oct 2026

Cost of Living Comparison Between Boquete and Coronado

For one person, living is cheaper in Coronado: $1,349 a month against $1,462 in Boquete, rent and utilities included – about $1,400 less a year. Other living expenses account for most of the difference.

71

Cost of Living Index in Boquete
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Boquete Living Index
67

Cost of Living Index in Coronado
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Coronado Living Index

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Boquete

🇵🇦 Panama

$1,462

/mo nomad

Coronado

🇵🇦 Panama

$1,349

/mo nomad

Monthly Cost of Living

How much you'll spend in Boquete 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 Boquete and in Coronado actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,462 in Boquete versus $1,349 in Coronado.

Boquete $1,462
Coronado $1,349

Estimated couple costs with rent: $2,237 in Boquete versus $2,172 in Coronado.

Boquete $2,237
Coronado $2,172

Monthly costs for a family of three with rent: $3,011 in Boquete versus $2,996 in Coronado.

Boquete $3,011
Coronado $2,996

Living in Boquete is roughly 8% more expensive than in Coronado, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Boquete 8% above, Coronado 0% above.

Meal at Budget Restaurant

$6.48 PAB 6.48

$12.23 PAB 12.23

-47.02%

Three-Course Dinner for Two, Mid-Range

$39.69 PAB 39.69

$55.3 PAB 55.3

-28.23%

Fast Food Meal (McDonalds, etc)

$7.65 PAB 7.65

$8.94 PAB 8.94

-14.43%

Cappuccino

$3.88 PAB 3.88

$3.83 PAB 3.83

1.31%

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

$1.36 PAB 1.36

$1.23 PAB 1.23

10.57%

Water (0.33 liter bottle)

$1.15 PAB 1.15

$0.92 PAB 0.92

25.00%

Local Beer (0.5 liter draught)

$2.27 PAB 2.27

$1.02 PAB 1.02

122.55%

Imported Beer (0.33 liter bottle)

$5.08 PAB 5.08

$2.57 PAB 2.57

97.67%

Milk (1 liter)

$1.81 PAB 1.81

$1.94 PAB 1.94

-6.70%

White Bread (500g)

$2.15 PAB 2.15

$1.59 PAB 1.59

35.22%

Rice (white) (1kg)

$2.25 PAB 2.25

Eggs

$2.60 PAB 2.60

$2.36 PAB 2.36

10.17%

Local Cheese (1kg)

$9.62 PAB 9.62

$11.62 PAB 11.62

-17.21%

Chicken Fillets (1kg)

$7.53 PAB 7.53

$6.87 PAB 6.87

9.61%

Beef Round Steak (1kg)

$15.28 PAB 15.28

$9.34 PAB 9.34

63.60%

Apples (1kg)

$4.33 PAB 4.33

Banana (1kg)

$1.01 PAB 1.01

$0.90 PAB 0.90

12.22%

Oranges (1kg)

$4.40 PAB 4.40

$2.97 PAB 2.97

48.15%

Tomato (1kg)

$2.23 PAB 2.23

$2.88 PAB 2.88

-22.57%

Potato (1kg)

$2.21 PAB 2.21

$1.83 PAB 1.83

20.77%

Onion (1kg)

$2.14 PAB 2.14

$1.86 PAB 1.86

15.05%

Lettuce (1 head)

$2.30 PAB 2.30

$2.54 PAB 2.54

-9.45%

Water (1.5 liter bottle)

$1.65 PAB 1.65

Cigarettes 20 Pack (Marlboro, Camel)

$5.02 PAB 5.02

Wine (Bottle)

$7.85 PAB 7.85

$8.75 PAB 8.75

-10.29%

Local Beer (0.5 liter bottle)

$1.20 PAB 1.20

$0.73 PAB 0.73

64.38%

Imported Beer (0.33 liter bottle)

$2.59 PAB 2.59

$0.70 PAB 0.70

270.00%

One-way Ticket (Public Transport)

$1.35 PAB 1.35

$0.67 PAB 0.67

101.49%

Public Transport Monthly Pass (Regular Price)

$24.55 PAB 24.55

Taxi Start (Normal Tariff)

$1.02 PAB 1.02

$1.49 PAB 1.49

-31.54%

Taxi (Normal Tariff) (1km)

$2.06 PAB 2.06

$1.49 PAB 1.49

38.26%

Taxi 1hour Waiting (Normal Tariff)

$30.39 PAB 30.39

Gasoline (1 liter)

$1.13 PAB 1.13

$0.94 PAB 0.94

20.21%

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

$25.5K PAB 25.5K

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

$22.1K PAB 22.1K

$33.3K PAB 33.3K

-33.84%

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

$58.0 PAB 58.0

$172 PAB 172

-66.25%

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

$25.95 PAB 25.95

$21.06 PAB 21.06

23.22%

Internet (50+ Mbps, Unlimited Data)

$42.16 PAB 42.16

$58.8 PAB 58.8

-28.34%

Gym Membership (Monthly)

$82.5 PAB 82.5

$59.9 PAB 59.9

37.75%

Tennis Court (1 Hour on Weekend)

$17.48 PAB 17.48

Cinema Ticket

$6.33 PAB 6.33

$3.43 PAB 3.43

84.55%

International Primary School, 1 Child (Yearly)

$6,075 PAB 6,075

Jeans (Levis 501 Or Similar)

$25.42 PAB 25.42

$45.03 PAB 45.03

-43.55%

Summer Dress (H&M, Zara, etc)

$25.48 PAB 25.48

Sport Shoes (Adidas, Nike)

$44.14 PAB 44.14

Men's Leather Business Shoes

$64.4 PAB 64.4

1-bedroom Apartment, City Center (Monthly)

$825 PAB 825

$773 PAB 773

6.72%

1-bedroom Apartment, Outside City Center (Monthly)

$710 PAB 710

$565 PAB 565

25.64%

3-bedroom Apartment, City Center (Monthly)

$1,551 PAB 1,551

$1,241 PAB 1,241

24.95%

3-bedroom Apartment, Outside City Center (Monthly)

$1,284 PAB 1,284

$1,285 PAB 1,285

-0.05%

Buy Apartment in City Center (m2)

$1,181 PAB 1,181

Buy Apartment Outside City Center (m2)

$1,150 PAB 1,150

$1,970 PAB 1,970

-41.64%

Average Monthly Net Salary (After Tax)

$784 PAB 784

$443 PAB 443

77.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.5

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

Last update for Boquete: October 11, 2026

Last update for Coronado: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Boquete

$710 48.5%

Coronado

$565 41.9% 20.4% $145

Groceries & Markets

Boquete

$295 20.2%

Coronado

$216 * 16% 26.9% $79

Eating Out

Boquete

$153 10.5%

Coronado

$189 14% 24% $37

Monthly Utilities & Internet

Boquete

$126 8.6%

Coronado

$252 18.7% 99.6% $126

Sport & Entertainment

Boquete

$95 6.5%

Coronado

$67 5% 29.8% $28

Clothing & Footwear

Boquete

$43 * 2.9%

Coronado

$49 * 3.7% 15.2% $6.5

Getting Around

Boquete

$41 2.8%

Coronado

$12 * 0.9% 71.9% $30

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 $825 in Boquete and $773 in Coronado. Housing cost is often the main lever when comparing two cities.

Boquete pays 77% 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: $40.00 in Boquete vs $55.0 in Coronado. Groceries flip the comparison at $295 vs $216, with Coronado cheaper for home cooking.

Good to know

🇵🇦 Boquete

🇵🇦 Coronado

🕒 Local time

12:35 12:35 PM

Same time as Boquete

🌤 Weather

👥 Population

7,000

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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Highest

Between locations

Boquete Coronado 280 km

From you

Boquete
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

Boquete vs Coronado: Cost of Living - Frequently Asked Questions

Coronado is cheaper overall, especially in groceries, leisure, and transport. The 8% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 77% higher in Boquete, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $825 in Boquete versus $773 in Coronado. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 37% higher in Boquete. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Coronado – a meal for two runs $55.0 versus $40.00 in Boquete. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,349 in Coronado versus $1,462 in Boquete, a $1,000 budget is realistic in Coronado but tight or insufficient in Boquete. The gap between the two cities makes Coronado the clear choice for anyone on this budget.

For families, Coronado is more practical. Housing and childcare are both notably cheaper than in Boquete, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Boquete and Coronado are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Coronado gentler on the wallet – expenses run 8% less than in Boquete. Beyond cost, consider language, visa policies, and how big the international community is in each city.