Last update: Oct 2026

Cost of Living Comparison Between Cordoba and Panama City

For one person, living is cheaper in Cordoba: $1,351 a month against $1,837 in Panama City, rent and utilities included – about $5,800 less a year. Higher rent and utilities in Panama City outweigh lower spending on other living expenses.

67

Cost of Living Index in Cordoba
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Cordoba Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Cordoba

🇦🇷 Argentina

$1,351

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

How much you'll spend in Cordoba 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 Cordoba and in Panama City actually costs, broken down by who's living it.

A single person spends $1,351 per month in Cordoba vs $1,837 in Panama City, rent included.

Cordoba $1,351
Panama City $1,837

A couple spends around $2,281 per month in Cordoba vs $2,825 in Panama City, rent included.

Cordoba $2,281
Panama City $2,825

A family of three spends $3,211 per month in Cordoba vs $3,812 in Panama City, rent included.

Cordoba $3,211
Panama City $3,812

Cordoba is about 26% cheaper than Panama City, and outside of rent the biggest gap is in clothing.

Both Cordoba and Panama City sit above the global median – Cordoba by 1%, Panama City by 37%.

Meal at Budget Restaurant

$13.74 ARS 20.8K

$11.34 PAB 11.34

21.16%

Three-Course Dinner for Two, Mid-Range

$53.3 ARS 80.8K

$47.85 PAB 47.85

11.39%

Fast Food Meal (McDonalds, etc)

$13.21 ARS 20.0K

$8.07 PAB 8.07

63.69%

Cappuccino

$3.70 ARS 5,608

$4.02 PAB 4.02

-7.96%

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

$2.56 ARS 3,879

$1.94 PAB 1.94

31.96%

Water (0.33 liter bottle)

$2.03 ARS 3,073

$1.62 PAB 1.62

25.31%

Local Beer (0.5 liter draught)

$3.36 ARS 5,097

$3.26 PAB 3.26

3.07%

Imported Beer (0.33 liter bottle)

$3.64 ARS 5,515

$3.99 PAB 3.99

-8.77%

Milk (1 liter)

$1.63 ARS 2,470

$1.83 PAB 1.83

-10.93%

White Bread (500g)

$2.82 ARS 4,282

$2.57 PAB 2.57

9.73%

Rice (white) (1kg)

$2.06 ARS 3,120

$3.33 PAB 3.33

-38.14%

Eggs

$2.45 ARS 3,721

$2.69 PAB 2.69

-8.92%

Local Cheese (1kg)

$10.14 ARS 15.4K

$12.33 PAB 12.33

-17.76%

Chicken Fillets (1kg)

$8.19 ARS 12.4K

$6.69 PAB 6.69

22.42%

Beef Round Steak (1kg)

$11.48 ARS 17.4K

$10.40 PAB 10.40

10.38%

Apples (1kg)

$2.56 ARS 3,885

$4.16 PAB 4.16

-38.46%

Banana (1kg)

$2.30 ARS 3,489

$1.84 PAB 1.84

25.00%

Oranges (1kg)

$1.66 ARS 2,511

$4.18 PAB 4.18

-60.29%

Tomato (1kg)

$2.75 ARS 4,169

$4.08 PAB 4.08

-32.60%

Potato (1kg)

$1.17 ARS 1,779

$3.50 PAB 3.50

-66.57%

Onion (1kg)

$1.35 ARS 2,040

$4.37 PAB 4.37

-69.11%

Lettuce (1 head)

$1.26 ARS 1,908

$2.34 PAB 2.34

-46.15%

Water (1.5 liter bottle)

$1.68 ARS 2,554

$1.75 PAB 1.75

-4.00%

Cigarettes 20 Pack (Marlboro, Camel)

$4.99 ARS 7,562

$6.06 PAB 6.06

-17.66%

Wine (Bottle)

$4.86 ARS 7,365

$11.72 PAB 11.72

-58.53%

Local Beer (0.5 liter bottle)

$2.26 ARS 3,431

$1.37 PAB 1.37

64.96%

Imported Beer (0.33 liter bottle)

$3.66 ARS 5,552

$2.84 PAB 2.84

28.87%

One-way Ticket (Public Transport)

$1.27 ARS 1,930

$0.36 PAB 0.36

252.78%

Public Transport Monthly Pass (Regular Price)

$57.3 ARS 86.8K

$20.96 PAB 20.96

173.33%

Taxi Start (Normal Tariff)

$1.28 ARS 1,946

$2.52 PAB 2.52

-49.21%

Taxi (Normal Tariff) (1km)

$1.94 ARS 2,944

$1.79 PAB 1.79

8.38%

Taxi 1hour Waiting (Normal Tariff)

$7.12 ARS 10.8K

$22.01 PAB 22.01

-67.65%

Gasoline (1 liter)

$1.16 ARS 1,760

$1.25 PAB 1.25

-7.20%

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

$35.0K ARS 53.1M

$21.5K PAB 21.5K

62.55%

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

$36.1K ARS 54.7M

$21.2K PAB 21.2K

70.19%

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

$159 ARS 241.2K

$131 PAB 131

21.28%

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

$17.46 ARS 26.5K

$27.68 PAB 27.68

-36.92%

Internet (50+ Mbps, Unlimited Data)

$32.30 ARS 49.0K

$48.59 PAB 48.59

-33.53%

Gym Membership (Monthly)

$28.56 ARS 43.3K

$46.11 PAB 46.11

-38.06%

Tennis Court (1 Hour on Weekend)

$23.34 ARS 35.4K

$35.01 PAB 35.01

-33.33%

Cinema Ticket

$10.11 ARS 15.3K

$8.73 PAB 8.73

15.81%

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

$218 ARS 330.9K

$551 PAB 551

-60.36%

International Primary School, 1 Child (Yearly)

$4,151 ARS 6.3M

$9,560 PAB 9,560

-56.58%

Jeans (Levis 501 Or Similar)

$127 ARS 192.7K

$67.6 PAB 67.6

87.96%

Summer Dress (H&M, Zara, etc)

$103 ARS 156.8K

$48.03 PAB 48.03

115.37%

Sport Shoes (Adidas, Nike)

$141 ARS 213.1K

$94.9 PAB 94.9

48.16%

Men's Leather Business Shoes

$134 ARS 202.8K

$113 PAB 113

18.47%

1-bedroom Apartment, City Center (Monthly)

$489 ARS 741.6K

$1,238 PAB 1,238

-60.48%

1-bedroom Apartment, Outside City Center (Monthly)

$306 ARS 464.4K

$873 PAB 873

-64.92%

3-bedroom Apartment, City Center (Monthly)

$1,001 ARS 1.5M

$2,197 PAB 2,197

-54.43%

3-bedroom Apartment, Outside City Center (Monthly)

$792 ARS 1.2M

$1,538 PAB 1,538

-48.53%

Buy Apartment in City Center (m2)

$2,762 ARS 4.2M

$3,116 PAB 3,116

-11.35%

Buy Apartment Outside City Center (m2)

$1,591 ARS 2.4M

$1,725 PAB 1,725

-7.72%

Average Monthly Net Salary (After Tax)

$656 ARS 994.2K

$934 PAB 934

-29.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

48.5

6.39

659.00%

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

Last update for Cordoba: 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

Cordoba

$306 22.3%

Panama City

$873 47.2% 185% $567

Groceries & Markets

Cordoba

$275 20%

Panama City

$324 17.5% 17.8% $49

Eating Out

Cordoba

$236 17.2%

Panama City

$202 10.9% 14.7% $35

Clothing & Footwear

Cordoba

$227 16.5%

Panama City

$146 7.9% 35.9% $82

Monthly Utilities & Internet

Cordoba

$209 15.2%

Panama City

$207 11.2% 0.7% $1.4

Getting Around

Cordoba

$73 5.3%

Panama City

$34 1.8% 53.8% $39

Sport & Entertainment

Cordoba

$49 3.6%

Panama City

$64 3.4% 30.3% $15

Cost Breakdown

A central one-bedroom costs $489 in Cordoba versus $1,238 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.

Salaries run about 42% higher in Panama City, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $53.0 in Cordoba versus $48.00 in Panama City. Groceries tell a different story – $275 in Cordoba vs $324 in Panama City – so Cordoba wins on supermarket bills even if dining out costs more.

Good to know

🇦🇷 Cordoba

🇵🇦 Panama City

🕒 Local time

04:59 4:59 AM

02:59 2:59 AM

2 h behind Cordoba

🌤 Weather

👥 Population

1,655,481

1,086,990 Capital

💱 Currency

Argentine Peso ARS $

Panamanian Balboa PAB B/.

📈 Exchange rate

10,000 ARS = 6.6 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 = 1,516 ARS (10,000 ARS = 6.6 USD). 1 EUR = 1,700 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

Lowest

Highest

Between locations

Cordoba Panama City 4,780 km ≈ 6 h nonstop flight

From you

Cordoba
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

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

Yes – Panama City is pricier by about 36%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,027 per month in Cordoba and $2,756 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $53.0 in Cordoba and $48.00 in Panama City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,351 in Cordoba and $1,837 in Panama City. That's a gap of about 36%.

A $1,500 monthly budget goes further in Cordoba, where all-in costs run around $1,351, than in Panama City at $1,837. In Cordoba it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Cordoba – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Cordoba. 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.