Last update: Oct 2026

Cost of Living Comparison Between Coronado and San Miguelito

For one person, living is cheaper in San Miguelito: $955 a month against $1,342 in Coronado, rent and utilities included – about $4,600 less a year. Higher rent and utilities in Coronado outweigh lower spending on other living expenses.

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Cost of Living Index in San Miguelito
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San Miguelito Living Index

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Coronado

🇵🇦 Panama

$1,342

/mo nomad

San Miguelito

🇵🇦 Panama

$955

/mo nomad

Monthly Cost of Living

How much you'll spend in Coronado and in San Miguelito

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

Monthly costs for one person with rent: $1,342 in Coronado versus $955 in San Miguelito.

Coronado $1,342
San Miguelito $955

Estimated couple costs with rent: $2,171 in Coronado versus $1,528 in San Miguelito.

Coronado $2,171
San Miguelito $1,528

Monthly costs for a family of three with rent: $2,999 in Coronado versus $2,101 in San Miguelito.

Coronado $2,999
San Miguelito $2,101

Living in Coronado is roughly 40% more expensive than in San Miguelito, and outside of rent the biggest gap is in utilities.

Meal at Budget Restaurant

$11.95 PAB 11.95

$11.49 PAB 11.49

4.00%

Three-Course Dinner for Two, Mid-Range

$54.9 PAB 54.9

$47.34 PAB 47.34

15.99%

Fast Food Meal (McDonalds, etc)

$8.98 PAB 8.98

$7.78 PAB 7.78

15.42%

Cappuccino

$3.83 PAB 3.83

$4.04 PAB 4.04

-5.20%

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

$1.22 PAB 1.22

$1.91 PAB 1.91

-36.13%

Water (0.33 liter bottle)

$0.91 PAB 0.91

$1.55 PAB 1.55

-41.29%

Local Beer (0.5 liter draught)

$1.03 PAB 1.03

$3.28 PAB 3.28

-68.60%

Imported Beer (0.33 liter bottle)

$2.48 PAB 2.48

$4.10 PAB 4.10

-39.51%

Milk (1 liter)

$1.88 PAB 1.88

$1.84 PAB 1.84

2.17%

White Bread (500g)

$1.53 PAB 1.53

$2.53 PAB 2.53

-39.53%

Rice (white) (1kg)

$3.52 PAB 3.52

Eggs

$2.31 PAB 2.31

$2.68 PAB 2.68

-13.81%

Local Cheese (1kg)

$11.93 PAB 11.93

$12.56 PAB 12.56

-5.02%

Chicken Fillets (1kg)

$6.84 PAB 6.84

$6.91 PAB 6.91

-1.01%

Beef Round Steak (1kg)

$9.00 PAB 9.00

$10.36 PAB 10.36

-13.13%

Apples (1kg)

$4.01 PAB 4.01

Banana (1kg)

$0.89 PAB 0.89

$1.90 PAB 1.90

-53.16%

Oranges (1kg)

$2.94 PAB 2.94

$4.19 PAB 4.19

-29.83%

Tomato (1kg)

$2.97 PAB 2.97

$4.03 PAB 4.03

-26.30%

Potato (1kg)

$1.85 PAB 1.85

$3.45 PAB 3.45

-46.38%

Onion (1kg)

$1.89 PAB 1.89

$4.22 PAB 4.22

-55.21%

Lettuce (1 head)

$2.56 PAB 2.56

$2.40 PAB 2.40

6.67%

Water (1.5 liter bottle)

$1.77 PAB 1.77

Cigarettes 20 Pack (Marlboro, Camel)

$6.16 PAB 6.16

Wine (Bottle)

$8.31 PAB 8.31

$11.51 PAB 11.51

-27.80%

Local Beer (0.5 liter bottle)

$0.69 PAB 0.69

$1.42 PAB 1.42

-51.41%

Imported Beer (0.33 liter bottle)

$0.75 PAB 0.75

$2.74 PAB 2.74

-72.63%

One-way Ticket (Public Transport)

$0.72 PAB 0.72

Taxi Start (Normal Tariff)

$1.49 PAB 1.49

$2.56 PAB 2.56

-41.80%

Taxi (Normal Tariff) (1km)

$1.52 PAB 1.52

$1.79 PAB 1.79

-15.08%

Taxi 1hour Waiting (Normal Tariff)

$21.79 PAB 21.79

Gasoline (1 liter)

$0.91 PAB 0.91

$1.25 PAB 1.25

-27.20%

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

$24.8K PAB 24.8K

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

$33.5K PAB 33.5K

$20.9K PAB 20.9K

60.27%

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

$168 PAB 168

$129 PAB 129

30.21%

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

$20.91 PAB 20.91

$28.26 PAB 28.26

-26.01%

Internet (50+ Mbps, Unlimited Data)

$58.0 PAB 58.0

$48.32 PAB 48.32

20.03%

Gym Membership (Monthly)

$60.0 PAB 60.0

$49.90 PAB 49.90

20.28%

Cinema Ticket

$3.34 PAB 3.34

$8.48 PAB 8.48

-60.61%

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

$538 PAB 538

International Primary School, 1 Child (Yearly)

$9,461 PAB 9,461

Jeans (Levis 501 Or Similar)

$44.21 PAB 44.21

$66.7 PAB 66.7

-33.72%

Summer Dress (H&M, Zara, etc)

$48.10 PAB 48.10

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

Men's Leather Business Shoes

$64.3 PAB 64.3

$111 PAB 111

-41.99%

1-bedroom Apartment, City Center (Monthly)

$762 PAB 762

1-bedroom Apartment, Outside City Center (Monthly)

$567 PAB 567

3-bedroom Apartment, City Center (Monthly)

$1,234 PAB 1,234

3-bedroom Apartment, Outside City Center (Monthly)

$1,305 PAB 1,305

Buy Apartment Outside City Center (m2)

$2,001 PAB 2,001

Average Monthly Net Salary (After Tax)

$456 PAB 456

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

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

Last update for Coronado: October 26, 2026

Last update for San Miguelito: October 26, 2026

Monthly budget structure

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

Groceries & Markets

Coronado

–

San Miguelito

$326 34.1%

Monthly Utilities & Internet

Coronado

–

San Miguelito

$206 21.5%

Eating Out

Coronado

–

San Miguelito

$202 21.2%

Clothing & Footwear

Coronado

–

San Miguelito

$144 15.1%

Sport & Entertainment

Coronado

–

San Miguelito

$67 7%

Getting Around

Coronado

–

San Miguelito

$12 * 1.2%

Accommodation & Living

Coronado

–

San Miguelito

- * 0%

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

Cost Breakdown

Dining out: $55 in Coronado vs $47 in San Miguelito. Groceries flip the comparison at $213 vs $326, with Coronado cheaper for home cooking.

Good to know

🇵🇦 Coronado

🇵🇦 San Miguelito

🕒 Local time

09:05 9:05 AM

Same time as Coronado

🌤 Weather

👥 Population

1,444

375,409

💱 Currency

Panamanian Balboa PAB B/.

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.899 EUR

1 PAB = 1 USD

1 PAB = 0.899 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Coronado San Miguelito 73 km

From you

Coronado
San Miguelito

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 San Miguelito: Cost of Living - Frequently Asked Questions

San Miguelito wins on cost – living expenses run 29% lower than in Coronado. Housing and daily spending are where you’ll feel the difference most, making San Miguelito the obvious pick if budget is a priority.

You’d need roughly $2,013 in Coronado and $1,433 in San Miguelito to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

All in, you’ll spend $1,342 per month in Coronado versus $955 in San Miguelito – a 40% gap that adds up to real savings over time for anyone picking the cheaper option.

Shoppers in Coronado pay roughly 34% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

Both cities are expensive relative to $800. San Miguelito is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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.