Last update: Oct 2026

Cost of Living Comparison Between Coronado and Boquete

For one person, living is cheaper in Coronado: $1,349 a month against $1,462 in Boquete, rent and utilities included – about $1,400 less a year. Other living expenses account for most of the difference.

67

Cost of Living Index in Coronado
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Coronado Living Index
71

Cost of Living Index in Boquete
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Boquete Living Index

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Coronado

🇵🇦 Panama

$1,349

/mo nomad

Boquete

🇵🇦 Panama

$1,462

/mo nomad

Monthly Cost of Living

How much you'll spend in Coronado and in Boquete

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 Boquete actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,349 in Coronado versus $1,462 in Boquete.

Coronado $1,349
Boquete $1,462

Estimated couple costs with rent: $2,172 in Coronado versus $2,237 in Boquete.

Coronado $2,172
Boquete $2,237

Monthly costs for a family of three with rent: $2,996 in Coronado versus $3,011 in Boquete.

Coronado $2,996
Boquete $3,011

Living in Coronado costs roughly 8% less than in Boquete, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Coronado 0% above, Boquete 8% above.

Meal at Budget Restaurant

$12.23 PAB 12.23

$6.48 PAB 6.48

88.73%

Three-Course Dinner for Two, Mid-Range

$55.3 PAB 55.3

$39.69 PAB 39.69

39.33%

Fast Food Meal (McDonalds, etc)

$8.94 PAB 8.94

$7.65 PAB 7.65

16.86%

Cappuccino

$3.83 PAB 3.83

$3.88 PAB 3.88

-1.29%

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

$1.23 PAB 1.23

$1.36 PAB 1.36

-9.56%

Water (0.33 liter bottle)

$0.92 PAB 0.92

$1.15 PAB 1.15

-20.00%

Local Beer (0.5 liter draught)

$1.02 PAB 1.02

$2.27 PAB 2.27

-55.07%

Imported Beer (0.33 liter bottle)

$2.57 PAB 2.57

$5.08 PAB 5.08

-49.41%

Milk (1 liter)

$1.94 PAB 1.94

$1.81 PAB 1.81

7.18%

White Bread (500g)

$1.59 PAB 1.59

$2.15 PAB 2.15

-26.05%

Rice (white) (1kg)

$2.25 PAB 2.25

Eggs

$2.36 PAB 2.36

$2.60 PAB 2.60

-9.23%

Local Cheese (1kg)

$11.62 PAB 11.62

$9.62 PAB 9.62

20.79%

Chicken Fillets (1kg)

$6.87 PAB 6.87

$7.53 PAB 7.53

-8.76%

Beef Round Steak (1kg)

$9.34 PAB 9.34

$15.28 PAB 15.28

-38.87%

Apples (1kg)

$4.33 PAB 4.33

Banana (1kg)

$0.90 PAB 0.90

$1.01 PAB 1.01

-10.89%

Oranges (1kg)

$2.97 PAB 2.97

$4.40 PAB 4.40

-32.50%

Tomato (1kg)

$2.88 PAB 2.88

$2.23 PAB 2.23

29.15%

Potato (1kg)

$1.83 PAB 1.83

$2.21 PAB 2.21

-17.19%

Onion (1kg)

$1.86 PAB 1.86

$2.14 PAB 2.14

-13.08%

Lettuce (1 head)

$2.54 PAB 2.54

$2.30 PAB 2.30

10.43%

Water (1.5 liter bottle)

$1.65 PAB 1.65

Cigarettes 20 Pack (Marlboro, Camel)

$5.02 PAB 5.02

Wine (Bottle)

$8.75 PAB 8.75

$7.85 PAB 7.85

11.46%

Local Beer (0.5 liter bottle)

$0.73 PAB 0.73

$1.20 PAB 1.20

-39.17%

Imported Beer (0.33 liter bottle)

$0.70 PAB 0.70

$2.59 PAB 2.59

-72.97%

One-way Ticket (Public Transport)

$0.67 PAB 0.67

$1.35 PAB 1.35

-50.37%

Public Transport Monthly Pass (Regular Price)

$24.55 PAB 24.55

Taxi Start (Normal Tariff)

$1.49 PAB 1.49

$1.02 PAB 1.02

46.08%

Taxi (Normal Tariff) (1km)

$1.49 PAB 1.49

$2.06 PAB 2.06

-27.67%

Taxi 1hour Waiting (Normal Tariff)

$30.39 PAB 30.39

Gasoline (1 liter)

$0.94 PAB 0.94

$1.13 PAB 1.13

-16.81%

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

$25.5K PAB 25.5K

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

$33.3K PAB 33.3K

$22.1K PAB 22.1K

51.15%

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

$172 PAB 172

$58.0 PAB 58.0

196.28%

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

$21.06 PAB 21.06

$25.95 PAB 25.95

-18.84%

Internet (50+ Mbps, Unlimited Data)

$58.8 PAB 58.8

$42.16 PAB 42.16

39.54%

Gym Membership (Monthly)

$59.9 PAB 59.9

$82.5 PAB 82.5

-27.41%

Tennis Court (1 Hour on Weekend)

$17.48 PAB 17.48

Cinema Ticket

$3.43 PAB 3.43

$6.33 PAB 6.33

-45.81%

International Primary School, 1 Child (Yearly)

$6,075 PAB 6,075

Jeans (Levis 501 Or Similar)

$45.03 PAB 45.03

$25.42 PAB 25.42

77.14%

Summer Dress (H&M, Zara, etc)

$25.48 PAB 25.48

Sport Shoes (Adidas, Nike)

$44.14 PAB 44.14

Men's Leather Business Shoes

$64.4 PAB 64.4

1-bedroom Apartment, City Center (Monthly)

$773 PAB 773

$825 PAB 825

-6.30%

1-bedroom Apartment, Outside City Center (Monthly)

$565 PAB 565

$710 PAB 710

-20.41%

3-bedroom Apartment, City Center (Monthly)

$1,241 PAB 1,241

$1,551 PAB 1,551

-19.97%

3-bedroom Apartment, Outside City Center (Monthly)

$1,285 PAB 1,285

$1,284 PAB 1,284

0.05%

Buy Apartment in City Center (m2)

$1,181 PAB 1,181

Buy Apartment Outside City Center (m2)

$1,970 PAB 1,970

$1,150 PAB 1,150

71.35%

Average Monthly Net Salary (After Tax)

$443 PAB 443

$784 PAB 784

-43.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.5

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

Last update for Coronado: October 11, 2026

Last update for Boquete: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Coronado

$565 41.9%

Boquete

$710 48.5% 25.6% $145

Monthly Utilities & Internet

Coronado

$252 18.7%

Boquete

$126 8.6% 49.9% $126

Groceries & Markets

Coronado

$216 * 16%

Boquete

$295 20.2% 36.7% $79

Eating Out

Coronado

$189 14%

Boquete

$153 10.5% 19.3% $37

Sport & Entertainment

Coronado

$67 5%

Boquete

$95 6.5% 42.5% $28

Clothing & Footwear

Coronado

$49 * 3.7%

Boquete

$43 * 2.9% 13.2% $6.5

Getting Around

Coronado

$12 * 0.9%

Boquete

$41 2.8% 256% $30

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

Cost Breakdown

A one-bedroom apartment in the center runs $773 in Coronado and $825 in Boquete. Housing cost is often the main lever when comparing two cities.

Boquete pays 77% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $55.0 in Coronado vs $40.00 in Boquete. Groceries flip the comparison at $216 vs $295, with Coronado cheaper for home cooking.

Good to know

🇵🇦 Coronado

🇵🇦 Boquete

🕒 Local time

12:12 12:12 PM

Same time as Coronado

🌤 Weather

👥 Population

1,444

7,000

💱 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

Lowest

Highest

Between locations

Coronado Boquete 280 km

From you

Coronado
Boquete

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 Boquete: Cost of Living - Frequently Asked Questions

Coronado is cheaper overall, especially in groceries, leisure, and transport. The 8% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 77% lower in Boquete. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $773 in Coronado versus $825 in Boquete. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 37% higher in Boquete. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Coronado – a meal for two runs $55.0 versus $40.00 in Boquete. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,349 in Coronado versus $1,462 in Boquete, a $1,000 budget is realistic in Coronado but tight or insufficient in Boquete. The gap between the two cities makes Coronado the clear choice for anyone on this budget.

For families, Coronado is more practical. Housing and childcare are both notably cheaper than in Boquete, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Coronado and Boquete are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Coronado gentler on the wallet – expenses run 8% less than in Boquete. Beyond cost, consider language, visa policies, and how big the international community is in each city.