Cost of Living Comparison Between Costa Rica and Panama Cost of Living Comparison Between Costa Rica and Panama

😐 Solo nomad: Costa Rica is 19.5% more expensive than Panama without rent, and 3.1% cheaper with rent.
😐 Family of 3: Costa Rica is 20.7% more expensive than Panama without rent, and 1.3% more expensive with rent.
Currency
🍽 Eating Out
Costa Rica
Panama
Difference
Meal at Budget Restaurant
$9.65 ₡4,833
$10.18 PAB 10.18
-5.21%
Three-Course Dinner for Two, Mid-Range
$58.6 ₡29.3K
$50.5 PAB 50.5
16.13%
Fast Food Meal (McDonalds, etc)
$9.9 ₡4,957
$7.58 PAB 7.58
30.61%
Cappuccino
$3.9 ₡1,954
$3.55 PAB 3.55
9.86%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.2 ₡1,100
$1.51 PAB 1.51
45.70%
Water (0.33 liter bottle)
$1.65 ₡827
$1.23 PAB 1.23
34.15%
Local Beer (0.5 liter draught)
$3.03 ₡1,517
$2.23 PAB 2.23
35.87%
Imported Beer (0.33 liter bottle)
$4.55 ₡2,278
$3.73 PAB 3.73
21.98%
🛒 Groceries & Markets
Costa Rica
Panama
Difference
Milk (1 liter)
$2.06 ₡1,033
$1.83 PAB 1.83
12.57%
White Bread (500g)
$3.06 ₡1,530
$2.41 PAB 2.41
26.97%
Rice (white) (1kg)
$2.52 ₡1,261
$2.27 PAB 2.27
11.01%
Eggs
$3.29 ₡1,646
$2.7 PAB 2.7
21.85%
Local Cheese (1kg)
$9.29 ₡4,650
$11.54 PAB 11.54
-19.50%
Chicken Fillets (1kg)
$9.54 ₡4,775
$7.39 PAB 7.39
29.09%
Beef Round Steak (1kg)
$13.6 ₡6,808
$9.36 PAB 9.36
45.30%
Apples (1kg)
$4.67 ₡2,337
$3.89 PAB 3.89
20.05%
Banana (1kg)
$1.56 ₡782
$1.37 PAB 1.37
13.87%
Oranges (1kg)
$3.34 ₡1,672
$2.89 PAB 2.89
15.57%
Tomato (1kg)
$3.01 ₡1,507
$3.05 PAB 3.05
-1.31%
Potato (1kg)
$3.04 ₡1,524
$2.1 PAB 2.1
44.76%
Onion (1kg)
$2.85 ₡1,426
$2.46 PAB 2.46
15.85%
Lettuce (1 head)
$1.01 ₡506
$2.14 PAB 2.14
-52.80%
Water (1.5 liter bottle)
$2.54 ₡1,273
$1.6 PAB 1.6
58.75%
Cigarettes 20 Pack (Marlboro, Camel)
$4.86 ₡2,434
$5.88 PAB 5.88
-17.35%
Wine (Bottle)
$14.87 ₡7,442
$10.17 PAB 10.17
46.21%
Local Beer (0.5 liter bottle)
$2.27 ₡1,137
$1.24 PAB 1.24
83.06%
Imported Beer (0.33 liter bottle)
$2.73 ₡1,366
$2.22 PAB 2.22
22.97%
🚌 Getting Around
Costa Rica
Panama
Difference
One-way Ticket (Public Transport)
$0.95 ₡476
$0.52 PAB 0.52
82.69%
Public Transport Monthly Pass (Regular Price)
$49.46 ₡24.8K
$25.45 PAB 25.45
94.34%
Taxi Start (Normal Tariff)
$1.81 ₡904
$2.05 PAB 2.05
-11.71%
Taxi (Normal Tariff) (1km)
$1.93 ₡969
$1.99 PAB 1.99
-3.02%
Taxi 1hour Waiting (Normal Tariff)
$7.69 ₡3,850
$20.72 PAB 20.72
-62.89%
Gasoline (1 liter)
$1.47 ₡735
$0.96 PAB 0.96
53.13%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.4K ₡18.7M
$21.3K PAB 21.3K
75.21%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.8K ₡17.4M
$20.9K PAB 20.9K
66.55%
🧾 Monthly Utilities & Internet
Costa Rica
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$86.9 ₡43.5K
$108 PAB 108
-19.64%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.46 ₡12.7K
$29.43 PAB 29.43
-13.49%
Internet (50+ Mbps, Unlimited Data)
$54.7 ₡27.4K
$47.41 PAB 47.41
15.46%
🎉 Sport & Entertainment
Costa Rica
Panama
Difference
Gym Membership (Monthly)
$57.8 ₡28.9K
$49.24 PAB 49.24
17.30%
Tennis Court (1 Hour on Weekend)
$28.42 ₡14.2K
$33.72 PAB 33.72
-15.72%
Cinema Ticket
$9.08 ₡4,546
$7.11 PAB 7.11
27.71%
🧸 Childcare & Education
Costa Rica
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$551 ₡275.9K
$439 PAB 439
25.49%
International Primary School, 1 Child (Yearly)
$9,816 ₡4.9M
$11.6K PAB 11.6K
-15.12%
👕👟 Clothing & Footwear
Costa Rica
Panama
Difference
Jeans (Levis 501 Or Similar)
$72.3 ₡36.2K
$47.07 PAB 47.07
53.64%
Summer Dress (H&M, Zara, etc)
$55.2 ₡27.6K
$40.77 PAB 40.77
35.42%
Sport Shoes (Adidas, Nike)
$118 ₡59.3K
$85 PAB 85
39.36%
Men's Leather Business Shoes
$104 ₡52.1K
$116 PAB 116
-10.33%
🏠 Accommodation & Living
Costa Rica
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$817 ₡408.8K
$923 PAB 923
-11.57%
1-bedroom Apartment, Outside City Center (Monthly)
$539 ₡269.6K
$711 PAB 711
-24.24%
3-bedroom Apartment, City Center (Monthly)
$1,495 ₡748.3K
$1,745 PAB 1,745
-14.36%
3-bedroom Apartment, Outside City Center (Monthly)
$1,019 ₡510.2K
$1,378 PAB 1,378
-26.05%
Buy Apartment in City Center (m2)
$2,511 ₡1.3M
$1,884 PAB 1,884
33.29%
Buy Apartment Outside City Center (m2)
$1,384 ₡693K
$1,502 PAB 1,502
-7.85%
💵 Salaries & Financials
Costa Rica
Panama
Difference
Average Monthly Net Salary (After Tax)
$996 ₡498.8K
$807 PAB 807
23.44%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.53
6.3
67.14%

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

Last update for Costa Rica: October 28, 2025

Last update for Panama: October 28, 2025

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