Last update: Oct 2026

Cost of Living Comparison Between Concordia and Panama City

For one person, living is cheaper in Concordia: $1,176 a month against $1,855 in Panama City, rent and utilities included – about $8,100 less a year. Rent and utilities account for most of the difference.

60

Cost of Living Index in Concordia
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Concordia Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Concordia

🇦🇷 Argentina

$1,176

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

How much you'll spend in Concordia and in Panama City

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

A single person spends $1,176 per month in Concordia vs $1,855 in Panama City, rent included.

Concordia $1,176
Panama City $1,855

A couple spends around $2,057 per month in Concordia vs $2,804 in Panama City, rent included.

Concordia $2,057
Panama City $2,804

A family of three spends $2,938 per month in Concordia vs $3,753 in Panama City, rent included.

Concordia $2,938
Panama City $3,753

Concordia is about 37% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Concordia sits 13% below the global median, while Panama City is 37% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.50 ARS 25.0K

$11.63 PAB 11.63

41.87%

Three-Course Dinner for Two, Mid-Range

$57.9 ARS 87.8K

$47.92 PAB 47.92

20.72%

Fast Food Meal (McDonalds, etc)

$14.29 ARS 21.7K

$7.96 PAB 7.96

79.52%

Cappuccino

$3.85 ARS 5,840

$4.22 PAB 4.22

-8.77%

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

$2.25 ARS 3,419

$2.01 PAB 2.01

11.94%

Water (0.33 liter bottle)

$1.91 ARS 2,904

$1.56 PAB 1.56

22.44%

Local Beer (0.5 liter draught)

$3.88 ARS 5,890

$3.39 PAB 3.39

14.45%

Imported Beer (0.33 liter bottle)

$3.72 ARS 5,642

$3.94 PAB 3.94

-5.58%

Milk (1 liter)

$1.37 ARS 2,079

$1.85 PAB 1.85

-25.95%

White Bread (500g)

$2.03 ARS 3,080

$2.56 PAB 2.56

-20.70%

Rice (white) (1kg)

$2.13 ARS 3,235

$3.48 PAB 3.48

-38.79%

Eggs

$2.77 ARS 4,208

$2.69 PAB 2.69

2.97%

Local Cheese (1kg)

$11.19 ARS 17.0K

$12.57 PAB 12.57

-10.98%

Chicken Fillets (1kg)

$7.47 ARS 11.3K

$6.83 PAB 6.83

9.37%

Beef Round Steak (1kg)

$12.42 ARS 18.8K

$10.58 PAB 10.58

17.39%

Apples (1kg)

$2.13 ARS 3,232

$4.18 PAB 4.18

-49.04%

Banana (1kg)

$2.02 ARS 3,062

$1.83 PAB 1.83

10.38%

Oranges (1kg)

$1.63 ARS 2,469

$4.20 PAB 4.20

-61.19%

Tomato (1kg)

$2.63 ARS 3,995

$4.03 PAB 4.03

-34.74%

Potato (1kg)

$0.94 ARS 1,433

$3.48 PAB 3.48

-72.99%

Onion (1kg)

$0.90 ARS 1,362

$4.22 PAB 4.22

-78.67%

Lettuce (1 head)

$2.41 PAB 2.41

Water (1.5 liter bottle)

$1.65 ARS 2,506

$1.69 PAB 1.69

-2.37%

Cigarettes 20 Pack (Marlboro, Camel)

$3.76 ARS 5,705

$6.14 PAB 6.14

-38.76%

Wine (Bottle)

$5.03 ARS 7,635

$11.30 PAB 11.30

-55.49%

Local Beer (0.5 liter bottle)

$1.99 ARS 3,016

$1.42 PAB 1.42

40.14%

Imported Beer (0.33 liter bottle)

$3.23 ARS 4,902

$2.73 PAB 2.73

18.32%

One-way Ticket (Public Transport)

$0.91 ARS 1,386

$0.33 PAB 0.33

175.76%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$1.57 ARS 2,379

$2.52 PAB 2.52

-37.70%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

Gasoline (1 liter)

$1.25 ARS 1,890

$1.25 PAB 1.25

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

$27.6K ARS 41.9M

$21.2K PAB 21.2K

30.03%

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

$32.5K ARS 49.3M

$21.0K PAB 21.0K

54.46%

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

$129 ARS 195.6K

$130 PAB 130

-0.73%

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

$15.93 ARS 24.2K

$28.13 PAB 28.13

-43.37%

Internet (50+ Mbps, Unlimited Data)

$24.12 ARS 36.6K

$48.21 PAB 48.21

-49.97%

Gym Membership (Monthly)

$28.64 ARS 43.5K

$45.78 PAB 45.78

-37.44%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$8.01 ARS 12.2K

$8.67 PAB 8.67

-7.61%

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

$300 ARS 455.7K

$544 PAB 544

-44.82%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

Jeans (Levis 501 Or Similar)

$106 ARS 160.3K

$66.8 PAB 66.8

58.28%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

Sport Shoes (Adidas, Nike)

$114 ARS 172.6K

$93.9 PAB 93.9

21.21%

Men's Leather Business Shoes

$126 ARS 190.9K

$112 PAB 112

12.75%

1-bedroom Apartment, City Center (Monthly)

$526 ARS 797.8K

$1,257 PAB 1,257

-58.18%

1-bedroom Apartment, Outside City Center (Monthly)

$282 ARS 428.6K

$875 PAB 875

-67.72%

3-bedroom Apartment, City Center (Monthly)

$966 ARS 1.5M

$2,155 PAB 2,155

-55.17%

3-bedroom Apartment, Outside City Center (Monthly)

$894 ARS 1.4M

$1,564 PAB 1,564

-42.83%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

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

Last update for Concordia: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Concordia

$282 24%

Panama City

$875 47.2% 210% $593

Eating Out

Concordia

$265 22.5%

Panama City

$207 11.1% 21.9% $58

Groceries & Markets

Concordia

$255 * 21.7%

Panama City

$325 17.5% 27.4% $70

Monthly Utilities & Internet

Concordia

$169 14.4%

Panama City

$206 11.1% 22% $37

Clothing & Footwear

Concordia

$155 * 13.2%

Panama City

$145 7.8% 6.9% $11

Sport & Entertainment

Concordia

$45 3.8%

Panama City

$63 3.4% 41.3% $18

Getting Around

Concordia

$5.2 * 0.4%

Panama City

$34 1.9% 559% $29

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

Cost Breakdown

A central one-bedroom costs $526 in Concordia versus $1,257 in Panama City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $58.0 in Concordia versus $48.00 in Panama City. Groceries tell a different story – $255 in Concordia vs $325 in Panama City – so Concordia wins on supermarket bills even if dining out costs more.

Good to know

🇦🇷 Concordia

🇵🇦 Panama City

🕒 Local time

14:39 2:39 PM

12:39 12:39 PM

2 h behind Concordia

🌤 Weather

👥 Population

149,450

1,086,990 Capital

💱 Currency

Argentine Peso ARS $

Panamanian Balboa PAB B/.

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

1 PAB = 1 USD

1 PAB = 0.89 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 19, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

Panamanian Balboa exchange rates as of October 19, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to ARS in detail →

On the map

Lowest

Highest

Between locations

Concordia Panama City 5,040 km ≈ 7 h nonstop flight

From you

Concordia
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

Concordia vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,176 in Concordia, $1,855 in Panama City – roughly 58% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,764 per month in Concordia and $2,783 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Concordia, 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 $1,176 in Concordia and $1,855 in Panama City. That's a gap of about 58%.

Kindergarten costs $300 per month in Concordia and $544 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Concordia, where all-in costs run around $1,176, than in Panama City at $1,855. In Concordia it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,176 in Concordia to $1,855 in Panama City. Climate, culture, job market, and personal taste all factor in.

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 Concordia. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.