Last update: Oct 2026

Cost of Living Comparison Between Coronado and Chiang Mai

For one person, living is cheaper in Chiang Mai: $938 a month against $1,349 in Coronado, rent and utilities included – about $4,900 less a year. Rent and utilities account for most of the difference.

67

Cost of Living Index in Coronado
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Coronado Living Index
45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index

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Coronado

🇵🇦 Panama

$1,349

/mo nomad

Chiang Mai

🇹🇭 Thailand

$938

/mo nomad

Monthly Cost of Living

How much you'll spend in Coronado and in Chiang Mai

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

A single person spends $1,349 per month in Coronado vs $938 in Chiang Mai, rent included.

Coronado $1,349
Chiang Mai $938

A couple spends around $2,172 per month in Coronado vs $1,426 in Chiang Mai, rent included.

Coronado $2,172
Chiang Mai $1,426

A family of three spends $2,996 per month in Coronado vs $1,914 in Chiang Mai, rent included.

Coronado $2,996
Chiang Mai $1,914

Coronado costs about 44% more than Chiang Mai, and outside of rent the biggest gap is in eating out.

Coronado sits 0% above the global median, while Chiang Mai is 30% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.23 PAB 12.23

$2.26 ฿75.4

441.15%

Three-Course Dinner for Two, Mid-Range

$55.3 PAB 55.3

$19.18 ฿641

188.32%

Fast Food Meal (McDonalds, etc)

$8.94 PAB 8.94

$5.59 ฿187

59.93%

Cappuccino

$3.83 PAB 3.83

$1.72 ฿57.6

122.67%

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

$1.23 PAB 1.23

$0.64 ฿21.54

92.19%

Water (0.33 liter bottle)

$0.92 PAB 0.92

$0.33 ฿11.18

178.79%

Local Beer (0.5 liter draught)

$1.02 PAB 1.02

$2.36 ฿78.7

-56.78%

Imported Beer (0.33 liter bottle)

$2.57 PAB 2.57

$3.90 ฿130

-34.10%

Milk (1 liter)

$1.94 PAB 1.94

$2.05 ฿68.6

-5.37%

White Bread (500g)

$1.59 PAB 1.59

$1.40 ฿46.70

13.57%

Rice (white) (1kg)

$1.28 ฿42.89

Eggs

$2.36 PAB 2.36

$2.25 ฿75.3

4.89%

Local Cheese (1kg)

$11.62 PAB 11.62

$16.94 ฿566

-31.40%

Chicken Fillets (1kg)

$6.87 PAB 6.87

$2.74 ฿91.6

150.73%

Beef Round Steak (1kg)

$9.34 PAB 9.34

$9.36 ฿313

-0.21%

Apples (1kg)

$2.40 ฿80.3

Banana (1kg)

$0.90 PAB 0.90

$1.01 ฿33.92

-10.89%

Oranges (1kg)

$2.97 PAB 2.97

$1.61 ฿53.9

84.47%

Tomato (1kg)

$2.88 PAB 2.88

$1.52 ฿50.7

89.47%

Potato (1kg)

$1.83 PAB 1.83

$1.28 ฿42.90

42.97%

Onion (1kg)

$1.86 PAB 1.86

$1.11 ฿37.22

67.57%

Lettuce (1 head)

$2.54 PAB 2.54

$0.72 ฿24.09

252.78%

Water (1.5 liter bottle)

$0.52 ฿17.54

Cigarettes 20 Pack (Marlboro, Camel)

$4.33 ฿145

Wine (Bottle)

$8.75 PAB 8.75

$17.73 ฿593

-50.65%

Local Beer (0.5 liter bottle)

$0.73 PAB 0.73

$1.63 ฿54.4

-55.21%

Imported Beer (0.33 liter bottle)

$0.70 PAB 0.70

$2.85 ฿95.3

-75.44%

One-way Ticket (Public Transport)

$0.67 PAB 0.67

$0.85 ฿28.31

-21.18%

Public Transport Monthly Pass (Regular Price)

$53.9 ฿1,801

Taxi Start (Normal Tariff)

$1.49 PAB 1.49

$1.17 ฿39.18

27.35%

Taxi (Normal Tariff) (1km)

$1.49 PAB 1.49

$0.57 ฿19.00

161.40%

Taxi 1hour Waiting (Normal Tariff)

$2.37 ฿79.2

Gasoline (1 liter)

$0.94 PAB 0.94

$1.45 ฿48.32

-35.17%

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

$20.5K ฿684.3K

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

$33.3K PAB 33.3K

$26.5K ฿886.1K

25.71%

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

$172 PAB 172

$62.3 ฿2,083

175.79%

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

$21.06 PAB 21.06

$12.27 ฿410

71.64%

Internet (50+ Mbps, Unlimited Data)

$58.8 PAB 58.8

$19.97 ฿668

194.59%

Gym Membership (Monthly)

$59.9 PAB 59.9

$37.91 ฿1,267

57.98%

Tennis Court (1 Hour on Weekend)

$3.76 ฿126

Cinema Ticket

$3.43 PAB 3.43

$6.71 ฿224

-48.88%

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

$797 ฿26.6K

International Primary School, 1 Child (Yearly)

$14.8K ฿495.7K

Jeans (Levis 501 Or Similar)

$45.03 PAB 45.03

$53.3 ฿1,780

-15.44%

Summer Dress (H&M, Zara, etc)

$25.05 ฿837

Sport Shoes (Adidas, Nike)

$91.6 ฿3,062

Men's Leather Business Shoes

$64.4 PAB 64.4

$73.5 ฿2,455

-12.31%

1-bedroom Apartment, City Center (Monthly)

$773 PAB 773

$464 ฿15.5K

66.57%

1-bedroom Apartment, Outside City Center (Monthly)

$565 PAB 565

$305 ฿10.2K

85.37%

3-bedroom Apartment, City Center (Monthly)

$1,241 PAB 1,241

$915 ฿30.6K

35.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,285 PAB 1,285

$552 ฿18.5K

132.65%

Buy Apartment in City Center (m2)

$1,912 ฿63.9K

Buy Apartment Outside City Center (m2)

$1,970 PAB 1,970

$1,438 ฿48.1K

36.97%

Average Monthly Net Salary (After Tax)

$443 PAB 443

$595 ฿19.9K

-25.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

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

Last update for Coronado: October 11, 2026

Last update for Chiang Mai: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Coronado

$565 41.9%

Chiang Mai

$305 32.5% 46.1% $260

Monthly Utilities & Internet

Coronado

$252 18.7%

Chiang Mai

$95 10.1% 62.4% $157

Groceries & Markets

Coronado

$216 * 16%

Chiang Mai

$238 25.4% 10.4% $22

Eating Out

Coronado

$189 14%

Chiang Mai

$79 8.4% 58.3% $110

Sport & Entertainment

Coronado

$67 5%

Chiang Mai

$51 5.5% 23.1% $15

Clothing & Footwear

Coronado

$49 * 3.7%

Chiang Mai

$110 11.7% 122% $60

Getting Around

Coronado

$12 * 0.9%

Chiang Mai

$61 6.5% 428% $50

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

Cost Breakdown

A central one-bedroom costs $773 in Coronado versus $464 in Chiang Mai. 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 34% higher in Chiang Mai, 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 $55.0 in Coronado versus $19.00 in Chiang Mai. Groceries tell a different story – $216 in Coronado vs $238 in Chiang Mai – so Coronado wins on supermarket bills even if dining out costs more.

Good to know

🇵🇦 Coronado

🇹🇭 Chiang Mai

🕒 Local time

12:12 12:12 PM

00:12 12:12 AM

12 h ahead of Coronado

🌤 Weather

👥 Population

1,444

127,240

💱 Currency

Panamanian Balboa PAB B/.

Thai Baht THB ฿

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

100 THB = 2.99 USD

100 THB = 2.66 EUR

Exchange rates and currency converter

THB, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

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).

Thai Baht exchange rates as of October 19, 2026: 1 USD = 33.42 THB (100 THB = 2.99 USD). 1 EUR = 37.57 THB (100 THB = 2.66 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Coronado Chiang Mai 16,970 km ≈ 22 h nonstop flight

From you

Coronado
Chiang Mai

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 Chiang Mai: Cost of Living - Frequently Asked Questions

Coronado costs about 44% more than Chiang Mai, 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 $2,024 per month in Coronado and $1,408 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Chiang Mai, 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 $1,349 in Coronado and $938 in Chiang Mai. That's a gap of about 44%.

Interestingly, groceries are about 10% cheaper in Coronado – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Chiang Mai, where all-in costs run around $938, than in Coronado at $1,349. In Chiang Mai it covers expenses comfortably, while in Coronado it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Chiang Mai costs $938 versus $1,349 in Coronado. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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