Last update: Nov 2026

Cost of Living Comparison Between Coronado and Bocastown, Isla Colon

For one person, living is cheaper in Bocastown, Isla Colon: $1,203 a month against $1,340 in Coronado, rent and utilities included – about $1,600 less a year. Rent and utilities account for about half of the difference.

Jump to prices

Coronado

🇵🇦 Panama

$1,340

/mo nomad

Bocastown, Isla Colon

🇵🇦 Panama

$1,203

/mo nomad

Monthly Cost of Living

How much you'll spend in Coronado and in Bocastown, Isla Colon

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

A single person spends $1,340 per month in Coronado vs $1,203 in Bocastown, Isla Colon, rent included.

Coronado $1,340
Bocastown, Isla Colon $1,203

A couple spends around $2,151 per month in Coronado vs $2,054 in Bocastown, Isla Colon, rent included.

Coronado $2,151
Bocastown, Isla Colon $2,054

A family of three spends $2,961 per month in Coronado vs $2,905 in Bocastown, Isla Colon, rent included.

Coronado $2,961
Bocastown, Isla Colon $2,905

Coronado costs about 11% more than Bocastown, Isla Colon, and outside of rent the biggest gap is in eating out.

Meal at Budget Restaurant

$12.14 PAB 12.14

$5.48 PAB 5.48

121.53%

Three-Course Dinner for Two, Mid-Range

$55.2 PAB 55.2

$44.72 PAB 44.72

23.41%

Fast Food Meal (McDonalds, etc)

$8.72 PAB 8.72

$13.05 PAB 13.05

-33.18%

Cappuccino

$3.83 PAB 3.83

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

$1.21 PAB 1.21

$1.01 PAB 1.01

19.80%

Water (0.33 liter bottle)

$0.93 PAB 0.93

Local Beer (0.5 liter draught)

$1.01 PAB 1.01

$2.52 PAB 2.52

-59.92%

Imported Beer (0.33 liter bottle)

$2.55 PAB 2.55

Milk (1 liter)

$1.93 PAB 1.93

$1.99 PAB 1.99

-3.02%

White Bread (500g)

$1.60 PAB 1.60

$3.10 PAB 3.10

-48.39%

Rice (white) (1kg)

$2.52 PAB 2.52

Eggs

$2.32 PAB 2.32

$2.82 PAB 2.82

-17.73%

Local Cheese (1kg)

$11.92 PAB 11.92

$16.07 PAB 16.07

-25.82%

Chicken Fillets (1kg)

$6.60 PAB 6.60

$9.35 PAB 9.35

-29.41%

Beef Round Steak (1kg)

$9.48 PAB 9.48

$8.17 PAB 8.17

16.03%

Apples (1kg)

$3.77 PAB 3.77

Banana (1kg)

$0.92 PAB 0.92

$1.44 PAB 1.44

-36.11%

Oranges (1kg)

$2.92 PAB 2.92

Tomato (1kg)

$2.88 PAB 2.88

$5.41 PAB 5.41

-46.77%

Potato (1kg)

$1.79 PAB 1.79

$2.24 PAB 2.24

-20.09%

Onion (1kg)

$1.93 PAB 1.93

$1.68 PAB 1.68

14.88%

Lettuce (1 head)

$2.57 PAB 2.57

$2.48 PAB 2.48

3.63%

Water (1.5 liter bottle)

$1.78 PAB 1.78

Cigarettes 20 Pack (Marlboro, Camel)

$4.82 PAB 4.82

Wine (Bottle)

$8.37 PAB 8.37

$9.25 PAB 9.25

-9.51%

Local Beer (0.5 liter bottle)

$0.68 PAB 0.68

$1.76 PAB 1.76

-61.36%

Imported Beer (0.33 liter bottle)

$0.69 PAB 0.69

$2.47 PAB 2.47

-72.06%

One-way Ticket (Public Transport)

$0.67 PAB 0.67

$1.02 PAB 1.02

-34.31%

Taxi Start (Normal Tariff)

$1.51 PAB 1.51

$1.02 PAB 1.02

48.04%

Taxi (Normal Tariff) (1km)

$1.46 PAB 1.46

Gasoline (1 liter)

$1.00 PAB 1.00

$1.32 PAB 1.32

-24.24%

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

$34.4K PAB 34.4K

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

$168 PAB 168

$76.1 PAB 76.1

120.38%

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

$21.47 PAB 21.47

$25.63 PAB 25.63

-16.23%

Internet (50+ Mbps, Unlimited Data)

$58.4 PAB 58.4

$50.4 PAB 50.4

16.00%

Gym Membership (Monthly)

$59.1 PAB 59.1

$34.52 PAB 34.52

71.29%

Cinema Ticket

$3.43 PAB 3.43

Jeans (Levis 501 Or Similar)

$45.81 PAB 45.81

Men's Leather Business Shoes

$65.0 PAB 65.0

1-bedroom Apartment, City Center (Monthly)

$750 PAB 750

$745 PAB 745

0.70%

1-bedroom Apartment, Outside City Center (Monthly)

$563 PAB 563

$592 PAB 592

-4.94%

3-bedroom Apartment, City Center (Monthly)

$1,261 PAB 1,261

$1,182 PAB 1,182

6.68%

3-bedroom Apartment, Outside City Center (Monthly)

$1,259 PAB 1,259

$1,504 PAB 1,504

-16.27%

Buy Apartment Outside City Center (m2)

$1,984 PAB 1,984

Average Monthly Net Salary (After Tax)

$449 PAB 449

$683 PAB 683

-34.24%

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

Last update for Coronado: November 1, 2026

Last update for Bocastown, Isla Colon: October 31, 2026

Cost Breakdown

A central one-bedroom costs $750 in Coronado versus $745 in Bocastown, Isla Colon. 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 52% higher in Bocastown, Isla Colon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $55 in Coronado versus $45 in Bocastown, Isla Colon. Groceries tell a different story – $214 in Coronado vs $320 in Bocastown, Isla Colon – so Coronado wins on supermarket bills even if dining out costs more.

Good to know

🇵🇦 Coronado

🇵🇦 Bocastown, Isla Colon

🕒 Local time

05:27 5:27 AM

Same time as Coronado

🌤 Weather

👥 Population

1,444

5,380

💱 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

Coronado Bocastown, Isla Colon 270 km

From you

Coronado
Bocastown, Isla Colon

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

Coronado vs Bocastown, Isla Colon: Cost of Living - Frequently Asked Questions

Coronado costs about 11% more than Bocastown, Isla Colon, and outside of rent the gap comes mainly from eating out. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,010 per month in Coronado and $1,805 in Bocastown, Isla Colon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $750 in Coronado and $745 in Bocastown, Isla Colon. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,340 in Coronado and $1,203 in Bocastown, Isla Colon. That makes Bocastown, Isla Colon about 10% cheaper.

Interestingly, groceries are about 33% cheaper in Coronado – one category where the pricier city actually offers better value.

$1,000 is a stretch for both – monthly costs hit $1,340 in Coronado and $1,203 in Bocastown, Isla Colon. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Bocastown, Isla Colon has an edge in some lifestyle areas, with costs from $1,203 in Bocastown, Isla Colon to $1,340 in Coronado. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.