Last update: Oct 2026

Cost of Living Comparison Between Buenos Aires and Panama

Name: Panama
Address: PA

For one person, living is cheaper in Panama: $1,604 a month against $1,685 in Buenos Aires, rent and utilities included – about $970 less a year. The total is higher in Buenos Aires despite lower rent and utilities.

81

Cost of Living Index in Buenos Aires
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Buenos Aires Living Index
77

Cost of Living Index in Panama
Learn more

Panama Living Index

Jump to prices

Buenos Aires

🇦🇷 Argentina

$1,685

/mo nomad

🇵🇦 Panama

$1,604

/mo nomad

😐 Solo nomad: Buenos Aires is 24.7% more expensive than Panama without rent, and 5.1% more expensive with rent.

😐 Family of 3: Buenos Aires is 21.2% more expensive than Panama without rent, and 15% more expensive with rent.

Meal at Budget Restaurant

$18.73 ARS 28.4K

$7.86 PAB 7.86

138.30%

Three-Course Dinner for Two, Mid-Range

$64.5 ARS 97.8K

$44.75 PAB 44.75

44.09%

Fast Food Meal (McDonalds, etc)

$12.88 ARS 19.5K

$7.89 PAB 7.89

63.24%

Cappuccino

$3.98 ARS 6,029

$3.84 PAB 3.84

3.65%

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

$2.05 ARS 3,103

$1.59 PAB 1.59

28.93%

Water (0.33 liter bottle)

$1.55 ARS 2,349

$1.41 PAB 1.41

9.93%

Local Beer (0.5 liter draught)

$3.84 ARS 5,830

$2.19 PAB 2.19

75.34%

Imported Beer (0.33 liter bottle)

$4.60 ARS 6,970

$4.04 PAB 4.04

13.86%

Milk (1 liter)

$1.44 ARS 2,181

$1.85 PAB 1.85

-22.16%

White Bread (500g)

$2.46 ARS 3,738

$2.32 PAB 2.32

6.03%

Rice (white) (1kg)

$1.63 ARS 2,467

$2.99 PAB 2.99

-45.48%

Eggs

$2.89 ARS 4,385

$2.48 PAB 2.48

16.53%

Local Cheese (1kg)

$10.65 ARS 16.1K

$12.28 PAB 12.28

-13.27%

Chicken Fillets (1kg)

$10.00 ARS 15.2K

$6.94 PAB 6.94

44.09%

Beef Round Steak (1kg)

$13.74 ARS 20.8K

$10.11 PAB 10.11

35.91%

Apples (1kg)

$2.75 ARS 4,166

$4.18 PAB 4.18

-34.21%

Banana (1kg)

$2.18 ARS 3,300

$1.48 PAB 1.48

47.30%

Oranges (1kg)

$1.45 ARS 2,205

$3.65 PAB 3.65

-60.27%

Tomato (1kg)

$1.99 ARS 3,013

$3.73 PAB 3.73

-46.65%

Potato (1kg)

$1.24 ARS 1,885

$2.50 PAB 2.50

-50.40%

Onion (1kg)

$1.27 ARS 1,921

$3.29 PAB 3.29

-61.40%

Lettuce (1 head)

$1.70 ARS 2,575

$2.34 PAB 2.34

-27.35%

Water (1.5 liter bottle)

$1.73 ARS 2,617

$1.57 PAB 1.57

10.19%

Cigarettes 20 Pack (Marlboro, Camel)

$4.18 ARS 6,337

$6.08 PAB 6.08

-31.25%

Wine (Bottle)

$5.80 ARS 8,790

$9.88 PAB 9.88

-41.30%

Local Beer (0.5 liter bottle)

$2.09 ARS 3,163

$1.39 PAB 1.39

50.36%

Imported Beer (0.33 liter bottle)

$2.77 ARS 4,198

$2.42 PAB 2.42

14.46%

One-way Ticket (Public Transport)

$0.75 ARS 1,132

$0.43 PAB 0.43

74.42%

Public Transport Monthly Pass (Regular Price)

$27.15 ARS 41.2K

$20.96 PAB 20.96

29.53%

Taxi Start (Normal Tariff)

$1.62 ARS 2,451

$2.43 PAB 2.43

-33.33%

Taxi (Normal Tariff) (1km)

$0.98 ARS 1,481

$1.82 PAB 1.82

-46.15%

Taxi 1hour Waiting (Normal Tariff)

$7.72 ARS 11.7K

$21.79 PAB 21.79

-64.57%

Gasoline (1 liter)

$1.36 ARS 2,058

$1.18 PAB 1.18

15.25%

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

$28.0K ARS 42.5M

$21.5K PAB 21.5K

30.33%

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

$34.5K ARS 52.4M

$22.2K PAB 22.2K

55.58%

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

$216 ARS 326.9K

$119 PAB 119

81.15%

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

$25.61 ARS 38.8K

$27.03 PAB 27.03

-5.25%

Internet (50+ Mbps, Unlimited Data)

$31.36 ARS 47.6K

$47.70 PAB 47.70

-34.26%

Gym Membership (Monthly)

$49.82 ARS 75.6K

$48.94 PAB 48.94

1.80%

Tennis Court (1 Hour on Weekend)

$17.06 ARS 25.9K

$30.16 PAB 30.16

-43.44%

Cinema Ticket

$10.43 ARS 15.8K

$7.84 PAB 7.84

33.04%

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

$466 ARS 706.7K

$536 PAB 536

-13.00%

International Primary School, 1 Child (Yearly)

$9,057 ARS 13.7M

$8,069 PAB 8,069

12.24%

Jeans (Levis 501 Or Similar)

$122 ARS 185.2K

$53.5 PAB 53.5

128.29%

Summer Dress (H&M, Zara, etc)

$97.4 ARS 147.8K

$42.77 PAB 42.77

127.82%

Sport Shoes (Adidas, Nike)

$117 ARS 177.4K

$87.4 PAB 87.4

33.83%

Men's Leather Business Shoes

$140 ARS 211.9K

$103 PAB 103

35.20%

1-bedroom Apartment, City Center (Monthly)

$763 ARS 1.2M

$944 PAB 944

-19.16%

1-bedroom Apartment, Outside City Center (Monthly)

$505 ARS 766.1K

$697 PAB 697

-27.48%

3-bedroom Apartment, City Center (Monthly)

$1,598 ARS 2.4M

$1,728 PAB 1,728

-7.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,185 ARS 1.8M

$1,262 PAB 1,262

-6.15%

Buy Apartment in City Center (m2)

$2,678 ARS 4.1M

$2,941 PAB 2,941

-8.95%

Buy Apartment Outside City Center (m2)

$1,858 ARS 2.8M

$1,673 PAB 1,673

11.06%

Average Monthly Net Salary (After Tax)

$954 ARS 1.4M

$826 PAB 826

15.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

6.37

798.74%

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

Last update for Buenos Aires: October 6, 2026

Last update for Panama: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Buenos Aires

$505 30.4%

Panama

$697 44% 37.9% $191

Groceries & Markets

Buenos Aires

$284 17.1%

Panama

$302 19.1% 6.4% $18

Eating Out

Buenos Aires

$279 16.8%

Panama

$164 10.3% 41.3% $115

Monthly Utilities & Internet

Buenos Aires

$273 16.4%

Panama

$194 12.2% 28.9% $79

Clothing & Footwear

Buenos Aires

$214 12.9%

Panama

$129 8.2% 39.7% $85

Sport & Entertainment

Buenos Aires

$71 4.3%

Panama

$65 4.1% 8.6% $6.1

Getting Around

Buenos Aires

$37 2.2%

Panama

$34 2.2% 6.6% $2.4

Good to know

🇦🇷 Buenos Aires

🇵🇦 Panama

🕒 Local time

02:11 2:11 AM

00:11 12:11 AM

2 h behind Buenos Aires

🌤 Weather

👥 Population

2,891,082 Capital

4,098,587

💱 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 = 1,701 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

Buenos Aires Panama 5,330 km ≈ 7 h nonstop flight

From you

Buenos Aires
Panama

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

Buenos Aires vs other spots: cost of living compared

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