Last update: Oct 2026

Cost of Living Comparison Between Coronado and David

For one person, living is cheaper in David: $882 a month against $1,349 in Coronado, rent and utilities included – about $5,600 less a year. Other living expenses account for most of the difference.

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Cost of Living Index in Coronado
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Coronado Living Index

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Coronado

🇵🇦 Panama

$1,349

/mo nomad

David

🇵🇦 Panama

$882

/mo nomad

Monthly Cost of Living

How much you'll spend in Coronado and in David

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

Monthly costs for one person with rent: $1,349 in Coronado versus $882 in David.

Coronado $1,349
David $882

Estimated couple costs with rent: $2,172 in Coronado versus $946 in David.

Coronado $2,172
David $946

Monthly costs for a family of three with rent: $2,996 in Coronado versus $1,011 in David.

Coronado $2,996
David $1,011

Living in Coronado is roughly 53% more expensive than in David, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Coronado is 0% above, David is 35% below.

Meal at Budget Restaurant

$12.23 PAB 12.23

$5.52 PAB 5.52

121.56%

Three-Course Dinner for Two, Mid-Range

$55.3 PAB 55.3

$37.03 PAB 37.03

49.34%

Fast Food Meal (McDonalds, etc)

$8.94 PAB 8.94

$7.27 PAB 7.27

22.97%

Cappuccino

$3.83 PAB 3.83

$3.13 PAB 3.13

22.36%

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

$1.23 PAB 1.23

$1.47 PAB 1.47

-16.33%

Water (0.33 liter bottle)

$0.92 PAB 0.92

$1.52 PAB 1.52

-39.47%

Local Beer (0.5 liter draught)

$1.02 PAB 1.02

$1.99 PAB 1.99

-48.74%

Imported Beer (0.33 liter bottle)

$2.57 PAB 2.57

$2.72 PAB 2.72

-5.51%

Milk (1 liter)

$1.94 PAB 1.94

$1.73 PAB 1.73

12.14%

White Bread (500g)

$1.59 PAB 1.59

$2.26 PAB 2.26

-29.65%

Rice (white) (1kg)

$2.46 PAB 2.46

Eggs

$2.36 PAB 2.36

$2.41 PAB 2.41

-2.07%

Local Cheese (1kg)

$11.62 PAB 11.62

Chicken Fillets (1kg)

$6.87 PAB 6.87

Beef Round Steak (1kg)

$9.34 PAB 9.34

Banana (1kg)

$0.90 PAB 0.90

Oranges (1kg)

$2.97 PAB 2.97

Tomato (1kg)

$2.88 PAB 2.88

Potato (1kg)

$1.83 PAB 1.83

Onion (1kg)

$1.86 PAB 1.86

Lettuce (1 head)

$2.54 PAB 2.54

$1.99 PAB 1.99

27.64%

Wine (Bottle)

$8.75 PAB 8.75

$10.18 PAB 10.18

-14.05%

Local Beer (0.5 liter bottle)

$0.73 PAB 0.73

Imported Beer (0.33 liter bottle)

$0.70 PAB 0.70

One-way Ticket (Public Transport)

$0.67 PAB 0.67

$0.76 PAB 0.76

-11.84%

Taxi Start (Normal Tariff)

$1.49 PAB 1.49

$2.96 PAB 2.96

-49.66%

Taxi (Normal Tariff) (1km)

$1.49 PAB 1.49

$2.04 PAB 2.04

-26.96%

Gasoline (1 liter)

$0.94 PAB 0.94

$1.07 PAB 1.07

-12.15%

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

$25.0K PAB 25.0K

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

$33.3K PAB 33.3K

$30.6K PAB 30.6K

9.09%

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

$172 PAB 172

$184 PAB 184

-6.41%

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

$21.06 PAB 21.06

$28.48 PAB 28.48

-26.05%

Internet (50+ Mbps, Unlimited Data)

$58.8 PAB 58.8

$49.40 PAB 49.40

19.09%

Gym Membership (Monthly)

$59.9 PAB 59.9

$31.21 PAB 31.21

91.89%

Cinema Ticket

$3.43 PAB 3.43

International Primary School, 1 Child (Yearly)

$6,091 PAB 6,091

Jeans (Levis 501 Or Similar)

$45.03 PAB 45.03

Men's Leather Business Shoes

$64.4 PAB 64.4

1-bedroom Apartment, City Center (Monthly)

$773 PAB 773

$343 PAB 343

125.06%

1-bedroom Apartment, Outside City Center (Monthly)

$565 PAB 565

$354 PAB 354

59.38%

3-bedroom Apartment, City Center (Monthly)

$1,241 PAB 1,241

3-bedroom Apartment, Outside City Center (Monthly)

$1,285 PAB 1,285

Buy Apartment Outside City Center (m2)

$1,970 PAB 1,970

Average Monthly Net Salary (After Tax)

$443 PAB 443

$604 PAB 604

-26.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

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

Last update for Coronado: October 11, 2026

Last update for David: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Coronado

$565 41.9%

David

–

Monthly Utilities & Internet

Coronado

$252 18.7%

David

–

Groceries & Markets

Coronado

$216 * 16%

David

–

Eating Out

Coronado

$189 14%

David

–

Sport & Entertainment

Coronado

$67 5%

David

–

Clothing & Footwear

Coronado

$49 * 3.7%

David

–

Getting Around

Coronado

$12 * 0.9%

David

–

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 $343 in David. Housing cost is often the main lever when comparing two cities.

David pays 37% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $55.0 in Coronado vs $37.00 in David for a mid-range dinner for two. Groceries echo the gap at $216 vs $88.0 per month, with David cheaper across the board.

Good to know

🇵🇦 Coronado

🇵🇦 David

🕒 Local time

12:12 12:12 PM

Same time as Coronado

🌤 Weather

👥 Population

1,444

82,907

💱 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 David 280 km

From you

Coronado
David

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 David: Cost of Living - Frequently Asked Questions

David wins on cost – living expenses run 53% lower than in Coronado. Housing and daily spending are where you'll feel the difference most, making David the obvious pick if budget is a priority.

On paper, salaries run 37% lower in David. 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 $343 in David. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,349 per month in Coronado versus $882 in David – a 53% gap that adds up to real savings over time for anyone picking the cheaper option.

Supermarket bills run roughly 146% higher in Coronado. For households that cook at home regularly, that difference adds up over a month.

At $882 in David versus $1,349 in Coronado, a $1,500 budget is realistic in David but tight or insufficient in Coronado. The gap between the two cities makes David the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Coronado and David 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 David gentler on the wallet – expenses run 53% less than in Coronado. Beyond cost, consider language, visa policies, and how big the international community is in each city.