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

🙂 Solo nomad: David is 35.1% cheaper than Panama City without rent, and 45.3% cheaper with rent.

🙂 Family of 3: David is 41.4% cheaper than Panama City without rent, and 64.1% cheaper with rent.

Meal at Budget Restaurant

$5.02 PAB 5.02

$9.95 PAB 9.95

-49.55%

Three-Course Dinner for Two, Mid-Range

$35.49 PAB 35.49

$49.92 PAB 49.92

-28.91%

Fast Food Meal (McDonalds, etc)

$6.64 PAB 6.64

$8.01 PAB 8.01

-17.10%

Cappuccino

$2.74 PAB 2.74

$3.66 PAB 3.66

-25.14%

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

$1.43 PAB 1.43

$1.72 PAB 1.72

-16.86%

Water (0.33 liter bottle)

$1.39 PAB 1.39

$1.38 PAB 1.38

0.72%

Local Beer (0.5 liter draught)

$1.53 PAB 1.53

$2.92 PAB 2.92

-47.60%

Imported Beer (0.33 liter bottle)

$2.21 PAB 2.21

$4.08 PAB 4.08

-45.83%

Milk (1 liter)

$1.71 PAB 1.71

$1.91 PAB 1.91

-10.47%

White Bread (500g)

$2.10 PAB 2.10

$2.46 PAB 2.46

-14.63%

Rice (white) (1kg)

$2.47 PAB 2.47

$2.41 PAB 2.41

2.49%

Eggs

$1.95 PAB 1.95

$2.82 PAB 2.82

-30.85%

Local Cheese (1kg)

$5.58 PAB 5.58

$11.49 PAB 11.49

-51.44%

Chicken Fillets (1kg)

$10.98 PAB 10.98

$7.24 PAB 7.24

51.66%

Beef Round Steak (1kg)

$2.76 PAB 2.76

$9.90 PAB 9.90

-72.12%

Apples (1kg)

$7.56 PAB 7.56

$3.38 PAB 3.38

123.67%

Banana (1kg)

$1.48 PAB 1.48

Oranges (1kg)

$2.87 PAB 2.87

Tomato (1kg)

$3.23 PAB 3.23

Potato (1kg)

$2.30 PAB 2.30

Onion (1kg)

$2.59 PAB 2.59

$2.89 PAB 2.89

-10.38%

Lettuce (1 head)

$1.37 PAB 1.37

$2.22 PAB 2.22

-38.29%

Water (1.5 liter bottle)

$2.56 PAB 2.56

$1.59 PAB 1.59

61.01%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 PAB 6.09

Wine (Bottle)

$9.81 PAB 9.81

$9.83 PAB 9.83

-0.20%

Local Beer (0.5 liter bottle)

$1.26 PAB 1.26

Imported Beer (0.33 liter bottle)

$2.46 PAB 2.46

One-way Ticket (Public Transport)

$0.72 PAB 0.72

$0.41 PAB 0.41

75.61%

Public Transport Monthly Pass (Regular Price)

$22.67 PAB 22.67

Taxi Start (Normal Tariff)

$2.96 PAB 2.96

$2.56 PAB 2.56

15.62%

Taxi (Normal Tariff) (1km)

$2.05 PAB 2.05

$1.78 PAB 1.78

15.17%

Taxi 1hour Waiting (Normal Tariff)

$22.26 PAB 22.26

Gasoline (1 liter)

$0.97 PAB 0.97

$0.93 PAB 0.93

4.30%

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

$24.7K PAB 24.7K

$19.5K PAB 19.5K

26.50%

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

$29.5K PAB 29.5K

$20.2K PAB 20.2K

45.83%

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

$177 PAB 177

$125 PAB 125

41.87%

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

$27.81 PAB 27.81

$30.03 PAB 30.03

-7.39%

Internet (50+ Mbps, Unlimited Data)

$43.21 PAB 43.21

$48.56 PAB 48.56

-11.02%

Gym Membership (Monthly)

$30.79 PAB 30.79

$46.20 PAB 46.20

-33.35%

Tennis Court (1 Hour on Weekend)

$32.29 PAB 32.29

Cinema Ticket

$7.96 PAB 7.96

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

$474 PAB 474

International Primary School, 1 Child (Yearly)

$6,014 PAB 6,014

$15.8K PAB 15.8K

-61.93%

Jeans (Levis 501 Or Similar)

$51.9 PAB 51.9

Summer Dress (H&M, Zara, etc)

$46.99 PAB 46.99

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

Men's Leather Business Shoes

$120 PAB 120

1-bedroom Apartment, City Center (Monthly)

$355 PAB 355

$1,146 PAB 1,146

-69.04%

1-bedroom Apartment, Outside City Center (Monthly)

$346 PAB 346

$884 PAB 884

-60.82%

3-bedroom Apartment, City Center (Monthly)

$2,014 PAB 2,014

3-bedroom Apartment, Outside City Center (Monthly)

$1,586 PAB 1,586

Buy Apartment in City Center (m2)

$3,112 PAB 3,112

Buy Apartment Outside City Center (m2)

$1,734 PAB 1,734

Average Monthly Net Salary (After Tax)

$589 PAB 589

$873 PAB 873

-32.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

12.36%

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

Last update for David: January 12, 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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