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Cost of Living Comparison Between Coronado and Panama City Cost of Living Comparison Between Coronado and Panama City

๐Ÿ™‚ Solo nomad: Coronado is 24% cheaper than Panama City without rent, and 27.2% cheaper with rent.
๐Ÿ™‚ Family of 3: Coronado is 30% cheaper than Panama City without rent, and 19.5% cheaper with rent.
Currency
๐Ÿฝ Eating Out
Coronado
Panama City
Difference
Meal at Budget Restaurant
$11.87 PABย 11.87
$9.95 PABย 9.95
19.30%
Three-Course Dinner for Two, Mid-Range
$34.31 PABย 34.31
$49.92 PABย 49.92
-31.27%
Fast Food Meal (McDonalds, etc)
$9.10 PABย 9.10
$8.01 PABย 8.01
13.61%
Cappuccino
$3.04 PABย 3.04
$3.66 PABย 3.66
-16.94%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.05 PABย 1.05
$1.72 PABย 1.72
-38.95%
Water (0.33 liter bottle)
$0.87 PABย 0.87
$1.38 PABย 1.38
-36.96%
Local Beer (0.5 liter draught)
$1.53 PABย 1.53
$2.92 PABย 2.92
-47.60%
Imported Beer (0.33 liter bottle)
$2.92 PABย 2.92
$4.08 PABย 4.08
-28.43%
๐Ÿ›’ Groceries & Markets
Coronado
Panama City
Difference
Milk (1 liter)
$1.86 PABย 1.86
$1.91 PABย 1.91
-2.62%
White Bread (500g)
$1.55 PABย 1.55
$2.46 PABย 2.46
-36.99%
Rice (white) (1kg)
$3.02 PABย 3.02
$2.41 PABย 2.41
25.31%
Eggs
$2.18 PABย 2.18
$2.82 PABย 2.82
-22.70%
Local Cheese (1kg)
$14.80 PABย 14.80
$11.49 PABย 11.49
28.81%
Chicken Fillets (1kg)
$6.20 PABย 6.20
$7.24 PABย 7.24
-14.36%
Beef Round Steak (1kg)
$9.45 PABย 9.45
$9.90 PABย 9.90
-4.55%
Apples (1kg)
$2.58 PABย 2.58
$3.38 PABย 3.38
-23.67%
Banana (1kg)
$0.96 PABย 0.96
$1.48 PABย 1.48
-35.14%
Oranges (1kg)
$3.09 PABย 3.09
$2.87 PABย 2.87
7.67%
Tomato (1kg)
$3.00 PABย 3.00
$3.23 PABย 3.23
-7.12%
Potato (1kg)
$2.03 PABย 2.03
$2.30 PABย 2.30
-11.74%
Onion (1kg)
$1.85 PABย 1.85
$2.89 PABย 2.89
-35.99%
Lettuce (1 head)
$2.09 PABย 2.09
$2.22 PABย 2.22
-5.86%
Water (1.5 liter bottle)
-
$1.59 PABย 1.59
-
Cigarettes 20 Pack (Marlboro, Camel)
$6.10 PABย 6.10
$6.09 PABย 6.09
0.16%
Wine (Bottle)
$10.04 PABย 10.04
$9.83 PABย 9.83
2.14%
Local Beer (0.5 liter bottle)
$0.78 PABย 0.78
$1.26 PABย 1.26
-38.10%
Imported Beer (0.33 liter bottle)
$0.80 PABย 0.80
$2.46 PABย 2.46
-67.48%
๐ŸšŒ Getting Around
Coronado
Panama City
Difference
One-way Ticket (Public Transport)
$1.02 PABย 1.02
$0.41 PABย 0.41
148.78%
Public Transport Monthly Pass (Regular Price)
-
$22.67 PABย 22.67
-
Taxi Start (Normal Tariff)
$1.54 PABย 1.54
$2.56 PABย 2.56
-39.84%
Taxi (Normal Tariff) (1km)
$1.54 PABย 1.54
$1.78 PABย 1.78
-13.48%
Taxi 1hour Waiting (Normal Tariff)
$10.20 PABย 10.20
$22.26 PABย 22.26
-54.18%
Gasoline (1 liter)
$0.91 PABย 0.91
$0.93 PABย 0.93
-2.15%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
-
$19.5K PABย 19.5K
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.2K PABย 34.2K
$20.2K PABย 20.2K
69.00%
๐Ÿงพ Monthly Utilities & Internet
Coronado
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$108 PABย 108
$125 PABย 125
-13.25%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$21.35 PABย 21.35
$30.03 PABย 30.03
-28.90%
Internet (50+ Mbps, Unlimited Data)
$58.8 PABย 58.8
$48.56 PABย 48.56
21.11%
๐ŸŽ‰ Sport & Entertainment
Coronado
Panama City
Difference
Gym Membership (Monthly)
-
$46.20 PABย 46.20
-
Tennis Court (1 Hour on Weekend)
-
$32.29 PABย 32.29
-
Cinema Ticket
$3.37 PABย 3.37
$7.96 PABย 7.96
-57.66%
๐Ÿงธ Childcare & Education
Coronado
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
-
$474 PABย 474
-
International Primary School, 1 Child (Yearly)
$6,557 PABย 6,557
$15.8K PABย 15.8K
-58.48%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Coronado
Panama City
Difference
Jeans (Levis 501 Or Similar)
$44.26 PABย 44.26
$51.9 PABย 51.9
-14.70%
Summer Dress (H&M, Zara, etc)
$30.34 PABย 30.34
$46.99 PABย 46.99
-35.43%
Sport Shoes (Adidas, Nike)
$101 PABย 101
$89.0 PABย 89.0
13.24%
Men's Leather Business Shoes
$133 PABย 133
$120 PABย 120
10.11%
๐Ÿ  Accommodation & Living
Coronado
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$748 PABย 748
$1,146 PABย 1,146
-34.75%
1-bedroom Apartment, Outside City Center (Monthly)
$564 PABย 564
$884 PABย 884
-36.18%
3-bedroom Apartment, City Center (Monthly)
$1,231 PABย 1,231
$2,014 PABย 2,014
-38.89%
3-bedroom Apartment, Outside City Center (Monthly)
$1,274 PABย 1,274
$1,586 PABย 1,586
-19.67%
Buy Apartment in City Center (m2)
-
$3,112 PABย 3,112
-
Buy Apartment Outside City Center (m2)
$2,006 PABย 2,006
$1,734 PABย 1,734
15.69%
๐Ÿ’ต Salaries & Financials
Coronado
Panama City
Difference
Average Monthly Net Salary (After Tax)
$602 PABย 602
$873 PABย 873
-31.10%
20-Year Fixed Mortgage Interest Rate (Annual %)
6
6.23
-3.69%

CityCost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update for Coronado: January 13, 2026

Last update for Panama City: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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