Last update: Oct 2026

Cost of Living Comparison Between Chile and Panama City

For one person, living is cheaper in Chile: $1,044 a month against $1,837 in Panama City, rent and utilities included – about $9,500 less a year. Rent and utilities account for most of the difference.

51

Cost of Living Index in Chile
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Chile Living Index
90

Cost of Living Index in Panama City
Learn more

Panama City Living Index

Jump to prices

🇨🇱 Chile

$1,044

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

🙂 Solo nomad: Chile is 30.8% cheaper than Panama City without rent, and 43.2% cheaper with rent.

🙂 Family of 3: Chile is 26.8% cheaper than Panama City without rent, and 42.8% cheaper with rent.

Meal at Budget Restaurant

$8.01 CLP 7,815

$11.34 PAB 11.34

-29.37%

Three-Course Dinner for Two, Mid-Range

$45.38 CLP 44.2K

$47.85 PAB 47.85

-5.16%

Fast Food Meal (McDonalds, etc)

$7.08 CLP 6,903

$8.07 PAB 8.07

-12.27%

Cappuccino

$2.96 CLP 2,888

$4.02 PAB 4.02

-26.37%

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

$1.37 CLP 1,334

$1.94 PAB 1.94

-29.38%

Water (0.33 liter bottle)

$0.99 CLP 967

$1.62 PAB 1.62

-38.89%

Local Beer (0.5 liter draught)

$3.50 CLP 3,414

$3.26 PAB 3.26

7.36%

Imported Beer (0.33 liter bottle)

$4.21 CLP 4,107

$3.99 PAB 3.99

5.51%

Milk (1 liter)

$1.15 CLP 1,120

$1.83 PAB 1.83

-37.16%

White Bread (500g)

$1.63 CLP 1,586

$2.57 PAB 2.57

-36.58%

Rice (white) (1kg)

$1.56 CLP 1,525

$3.33 PAB 3.33

-53.15%

Eggs

$3.56 CLP 3,472

$2.69 PAB 2.69

32.34%

Local Cheese (1kg)

$10.33 CLP 10.1K

$12.33 PAB 12.33

-16.22%

Chicken Fillets (1kg)

$5.86 CLP 5,715

$6.69 PAB 6.69

-12.41%

Beef Round Steak (1kg)

$11.01 CLP 10.7K

$10.40 PAB 10.40

5.87%

Apples (1kg)

$1.77 CLP 1,724

$4.16 PAB 4.16

-57.45%

Banana (1kg)

$1.69 CLP 1,647

$1.84 PAB 1.84

-8.15%

Oranges (1kg)

$1.60 CLP 1,560

$4.18 PAB 4.18

-61.72%

Tomato (1kg)

$1.62 CLP 1,576

$4.08 PAB 4.08

-60.29%

Potato (1kg)

$1.17 CLP 1,145

$3.50 PAB 3.50

-66.57%

Onion (1kg)

$1.43 CLP 1,393

$4.37 PAB 4.37

-67.28%

Lettuce (1 head)

$1.22 CLP 1,185

$2.34 PAB 2.34

-47.86%

Water (1.5 liter bottle)

$1.15 CLP 1,119

$1.75 PAB 1.75

-34.29%

Cigarettes 20 Pack (Marlboro, Camel)

$5.20 CLP 5,066

$6.06 PAB 6.06

-14.19%

Wine (Bottle)

$5.27 CLP 5,138

$11.72 PAB 11.72

-55.03%

Local Beer (0.5 liter bottle)

$1.29 CLP 1,260

$1.37 PAB 1.37

-5.84%

Imported Beer (0.33 liter bottle)

$2.10 CLP 2,046

$2.84 PAB 2.84

-26.06%

One-way Ticket (Public Transport)

$0.80 CLP 781

$0.36 PAB 0.36

122.22%

Public Transport Monthly Pass (Regular Price)

$38.39 CLP 37.4K

$20.96 PAB 20.96

83.16%

Taxi Start (Normal Tariff)

$0.80 CLP 775

$2.52 PAB 2.52

-68.25%

Taxi (Normal Tariff) (1km)

$1.21 CLP 1,183

$1.79 PAB 1.79

-32.40%

Taxi 1hour Waiting (Normal Tariff)

$11.55 CLP 11.3K

$22.01 PAB 22.01

-47.52%

Gasoline (1 liter)

$1.44 CLP 1,408

$1.25 PAB 1.25

15.20%

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

$18.0K CLP 17.5M

$21.5K PAB 21.5K

-16.51%

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

$19.6K CLP 19.2M

$21.2K PAB 21.2K

-7.30%

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

$113 CLP 110.6K

$131 PAB 131

-13.57%

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

$11.94 CLP 11.6K

$27.68 PAB 27.68

-56.86%

Internet (50+ Mbps, Unlimited Data)

$21.78 CLP 21.2K

$48.59 PAB 48.59

-55.18%

Gym Membership (Monthly)

$35.05 CLP 34.2K

$46.11 PAB 46.11

-23.99%

Tennis Court (1 Hour on Weekend)

$14.41 CLP 14.1K

$35.01 PAB 35.01

-58.84%

Cinema Ticket

$6.21 CLP 6,058

$8.73 PAB 8.73

-28.87%

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

$345 CLP 336.2K

$551 PAB 551

-37.37%

International Primary School, 1 Child (Yearly)

$6,603 CLP 6.4M

$9,560 PAB 9,560

-30.93%

Jeans (Levis 501 Or Similar)

$42.68 CLP 41.6K

$67.6 PAB 67.6

-36.87%

Summer Dress (H&M, Zara, etc)

$26.52 CLP 25.9K

$48.03 PAB 48.03

-44.78%

Sport Shoes (Adidas, Nike)

$60.0 CLP 58.5K

$94.9 PAB 94.9

-36.80%

Men's Leather Business Shoes

$73.3 CLP 71.4K

$113 PAB 113

-35.12%

1-bedroom Apartment, City Center (Monthly)

$439 CLP 427.7K

$1,238 PAB 1,238

-64.56%

1-bedroom Apartment, Outside City Center (Monthly)

$338 CLP 329.2K

$873 PAB 873

-61.34%

3-bedroom Apartment, City Center (Monthly)

$749 CLP 730.7K

$2,197 PAB 2,197

-65.89%

3-bedroom Apartment, Outside City Center (Monthly)

$601 CLP 586.5K

$1,538 PAB 1,538

-60.90%

Buy Apartment in City Center (m2)

$2,310 CLP 2.3M

$3,116 PAB 3,116

-25.85%

Buy Apartment Outside City Center (m2)

$2,019 CLP 2.0M

$1,725 PAB 1,725

17.08%

Average Monthly Net Salary (After Tax)

$673 CLP 655.8K

$934 PAB 934

-28.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.15

6.39

-19.41%

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

Last update for Chile: October 4, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Chile

$338 32.2%

Panama City

$873 47.2% 159% $536

Groceries & Markets

Chile

$221 21.1%

Panama City

$324 17.5% 46.6% $103

Eating Out

Chile

$156 14.9%

Panama City

$202 10.9% 29.1% $45

Monthly Utilities & Internet

Chile

$147 14%

Panama City

$207 11.2% 41% $60

Clothing & Footwear

Chile

$91 8.7%

Panama City

$146 7.9% 59.8% $54

Getting Around

Chile

$48 4.6%

Panama City

$34 1.8% 30.1% $15

Sport & Entertainment

Chile

$47 4.5%

Panama City

$64 3.4% 33.9% $16

Good to know

🇨🇱 Chile

🇵🇦 Panama City

🕒 Local time

08:22 8:22 AM

06:22 6:22 AM

2 h behind Chile

🌤 Weather

👥 Population

19,458,000

1,086,990 Capital

💱 Currency

Chilean Peso CLP $

Panamanian Balboa PAB B/.

📈 Exchange rate

10,000 CLP = 10.26 USD

10,000 CLP = 9.15 EUR

1 PAB = 1 USD

1 PAB = 0.892 EUR

Exchange rates and currency converter

PAB, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 975 CLP (1,000 CLP = 1.03 USD). 1 EUR = 1,093 CLP (10,000 CLP = 9.15 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 CLP in detail →

On the map

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Between locations

Chile Panama City 4,810 km ≈ 7 h nonstop flight

From you

Chile
Panama City

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

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Cost of Living Comparison Between Chile and Panama City

PAB, USD, EUR to CLP – Chilean Peso Converter

City Median Internet Speeds Comparison (Updated April 2026)

Chile

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Chile

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