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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 3.3% cheaper with rent.
😐 Family of 3: Costa Rica is 17.5% more expensive than Panama without rent, and 0.4% cheaper with rent.
Currency
🍽 Eating Out
Costa Rica
Panama
Difference
Meal at Budget Restaurant
$10.19 ₡5,052
$9.89 PAB 9.89
3.03%
Three-Course Dinner for Two, Mid-Range
$60.5 ₡30.0K
$50.8 PAB 50.8
19.02%
Fast Food Meal (McDonalds, etc)
$10.17 ₡5,041
$7.62 PAB 7.62
33.46%
Cappuccino
$3.90 ₡1,933
$3.60 PAB 3.60
8.33%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.19 ₡1,086
$1.47 PAB 1.47
48.98%
Water (0.33 liter bottle)
$1.65 ₡819
$1.29 PAB 1.29
27.91%
Local Beer (0.5 liter draught)
$2.95 ₡1,460
$2.22 PAB 2.22
32.88%
Imported Beer (0.33 liter bottle)
$4.32 ₡2,142
$3.73 PAB 3.73
15.82%
🛒 Groceries & Markets
Costa Rica
Panama
Difference
Milk (1 liter)
$2.03 ₡1,005
$1.80 PAB 1.80
12.78%
White Bread (500g)
$3.18 ₡1,576
$2.48 PAB 2.48
28.23%
Rice (white) (1kg)
$2.49 ₡1,234
$2.24 PAB 2.24
11.16%
Eggs
$3.41 ₡1,688
$2.60 PAB 2.60
31.15%
Local Cheese (1kg)
$9.25 ₡4,584
$11.37 PAB 11.37
-18.65%
Chicken Fillets (1kg)
$9.42 ₡4,670
$7.20 PAB 7.20
30.83%
Beef Round Steak (1kg)
$13.28 ₡6,583
$9.52 PAB 9.52
39.50%
Apples (1kg)
$4.51 ₡2,235
$4.02 PAB 4.02
12.19%
Banana (1kg)
$1.54 ₡763
$1.33 PAB 1.33
15.79%
Oranges (1kg)
$3.37 ₡1,673
$2.90 PAB 2.90
16.21%
Tomato (1kg)
$2.94 ₡1,458
$3.04 PAB 3.04
-3.29%
Potato (1kg)
$2.97 ₡1,475
$2.17 PAB 2.17
36.87%
Onion (1kg)
$2.83 ₡1,403
$2.37 PAB 2.37
19.41%
Lettuce (1 head)
$1.01 ₡502
$2.14 PAB 2.14
-52.80%
Water (1.5 liter bottle)
$2.54 ₡1,257
$1.63 PAB 1.63
55.83%
Cigarettes 20 Pack (Marlboro, Camel)
$5.03 ₡2,494
$6.04 PAB 6.04
-16.72%
Wine (Bottle)
$15.31 ₡7,589
$10.18 PAB 10.18
50.39%
Local Beer (0.5 liter bottle)
$2.31 ₡1,145
$1.25 PAB 1.25
84.80%
Imported Beer (0.33 liter bottle)
$2.72 ₡1,347
$2.30 PAB 2.30
18.26%
🚌 Getting Around
Costa Rica
Panama
Difference
One-way Ticket (Public Transport)
$0.96 ₡475
$0.52 PAB 0.52
84.62%
Public Transport Monthly Pass (Regular Price)
$48.97 ₡24.3K
$25.15 PAB 25.15
94.71%
Taxi Start (Normal Tariff)
$1.80 ₡893
$2.05 PAB 2.05
-12.20%
Taxi (Normal Tariff) (1km)
$2.01 ₡995
$1.95 PAB 1.95
3.08%
Taxi 1hour Waiting (Normal Tariff)
$7.51 ₡3,723
$20.88 PAB 20.88
-64.03%
Gasoline (1 liter)
$1.52 ₡752
$0.96 PAB 0.96
58.33%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$36.6K ₡18.2M
$21.6K PAB 21.6K
69.68%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.0K ₡17.9M
$21.2K PAB 21.2K
70.15%
🧾 Monthly Utilities & Internet
Costa Rica
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$85.9 ₡42.6K
$107 PAB 107
-19.82%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.46 ₡12.6K
$28.96 PAB 28.96
-12.09%
Internet (50+ Mbps, Unlimited Data)
$53.9 ₡26.7K
$47.54 PAB 47.54
13.34%
🎉 Sport & Entertainment
Costa Rica
Panama
Difference
Gym Membership (Monthly)
$57.3 ₡28.4K
$50.3 PAB 50.3
13.73%
Tennis Court (1 Hour on Weekend)
$29.36 ₡14.6K
$34.39 PAB 34.39
-14.63%
Cinema Ticket
$9.01 ₡4,466
$6.90 PAB 6.90
30.58%
🧸 Childcare & Education
Costa Rica
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$540 ₡267.8K
$442 PAB 442
22.10%
International Primary School, 1 Child (Yearly)
$10.1K ₡5.0M
$11.3K PAB 11.3K
-11.35%
👕👟 Clothing & Footwear
Costa Rica
Panama
Difference
Jeans (Levis 501 Or Similar)
$71.5 ₡35.5K
$46.73 PAB 46.73
53.03%
Summer Dress (H&M, Zara, etc)
$54.9 ₡27.2K
$41.09 PAB 41.09
33.63%
Sport Shoes (Adidas, Nike)
$117 ₡58.2K
$83.8 PAB 83.8
40.10%
Men's Leather Business Shoes
$103 ₡50.8K
$117 PAB 117
-12.26%
🏠 Accommodation & Living
Costa Rica
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$810 ₡401.7K
$948 PAB 948
-14.51%
1-bedroom Apartment, Outside City Center (Monthly)
$551 ₡272.9K
$705 PAB 705
-21.92%
3-bedroom Apartment, City Center (Monthly)
$1,488 ₡737.8K
$1,721 PAB 1,721
-13.55%
3-bedroom Apartment, Outside City Center (Monthly)
$1,043 ₡516.9K
$1,363 PAB 1,363
-23.51%
Buy Apartment in City Center (m2)
$2,335 ₡1.2M
$2,980 PAB 2,980
-21.64%
Buy Apartment Outside City Center (m2)
$1,607 ₡796.5K
$1,704 PAB 1,704
-5.72%
💵 Salaries & Financials
Costa Rica
Panama
Difference
Average Monthly Net Salary (After Tax)
$981 ₡486.2K
$799 PAB 799
22.77%
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: January 12, 2026

Last update for Panama: January 13, 2026

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