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

🙂 Solo nomad: David is 36.8% cheaper than Panama City without rent, and 44.7% cheaper with rent.

🙂 Family of 3: David is 47.5% cheaper than Panama City without rent, and 64.7% cheaper with rent.

Meal at Budget Restaurant

$5.03 PAB 5.03

$10.17 PAB 10.17

-50.54%

Three-Course Dinner for Two, Mid-Range

$35.85 PAB 35.85

$50.4 PAB 50.4

-28.93%

Fast Food Meal (McDonalds, etc)

$6.89 PAB 6.89

$7.88 PAB 7.88

-12.56%

Cappuccino

$2.75 PAB 2.75

$3.71 PAB 3.71

-25.88%

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

$1.39 PAB 1.39

$1.64 PAB 1.64

-15.24%

Water (0.33 liter bottle)

$1.46 PAB 1.46

$1.33 PAB 1.33

9.77%

Local Beer (0.5 liter draught)

$1.48 PAB 1.48

$2.95 PAB 2.95

-49.83%

Imported Beer (0.33 liter bottle)

$2.27 PAB 2.27

$4.06 PAB 4.06

-44.09%

Milk (1 liter)

$1.73 PAB 1.73

$1.83 PAB 1.83

-5.46%

White Bread (500g)

$2.11 PAB 2.11

$2.58 PAB 2.58

-18.22%

Rice (white) (1kg)

$2.58 PAB 2.58

$2.40 PAB 2.40

7.50%

Eggs

$2.02 PAB 2.02

$2.97 PAB 2.97

-31.99%

Local Cheese (1kg)

$5.63 PAB 5.63

$11.34 PAB 11.34

-50.35%

Chicken Fillets (1kg)

$11.07 PAB 11.07

$7.06 PAB 7.06

56.80%

Beef Round Steak (1kg)

$2.81 PAB 2.81

$9.76 PAB 9.76

-71.21%

Apples (1kg)

$7.74 PAB 7.74

$3.40 PAB 3.40

127.65%

Banana (1kg)

$1.50 PAB 1.50

Oranges (1kg)

$2.77 PAB 2.77

Tomato (1kg)

$3.23 PAB 3.23

Potato (1kg)

$2.20 PAB 2.20

Onion (1kg)

$2.57 PAB 2.57

$2.87 PAB 2.87

-10.45%

Lettuce (1 head)

$1.37 PAB 1.37

$2.17 PAB 2.17

-36.87%

Water (1.5 liter bottle)

$2.55 PAB 2.55

$1.54 PAB 1.54

65.58%

Cigarettes 20 Pack (Marlboro, Camel)

$5.99 PAB 5.99

Wine (Bottle)

$9.89 PAB 9.89

$10.31 PAB 10.31

-4.07%

Local Beer (0.5 liter bottle)

$1.30 PAB 1.30

Imported Beer (0.33 liter bottle)

$2.33 PAB 2.33

One-way Ticket (Public Transport)

$0.72 PAB 0.72

$0.43 PAB 0.43

67.44%

Public Transport Monthly Pass (Regular Price)

$22.39 PAB 22.39

Taxi Start (Normal Tariff)

$3.01 PAB 3.01

$2.46 PAB 2.46

22.36%

Taxi (Normal Tariff) (1km)

$2.03 PAB 2.03

$1.82 PAB 1.82

11.54%

Taxi 1hour Waiting (Normal Tariff)

$21.57 PAB 21.57

Gasoline (1 liter)

$0.98 PAB 0.98

$0.95 PAB 0.95

3.16%

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

$25.2K PAB 25.2K

$20.1K PAB 20.1K

25.00%

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

$29.7K PAB 29.7K

$20.1K PAB 20.1K

47.48%

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

$174 PAB 174

$123 PAB 123

41.32%

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

$27.77 PAB 27.77

$29.81 PAB 29.81

-6.84%

Internet (50+ Mbps, Unlimited Data)

$43.27 PAB 43.27

$49.87 PAB 49.87

-13.23%

Gym Membership (Monthly)

$30.75 PAB 30.75

$46.19 PAB 46.19

-33.43%

Tennis Court (1 Hour on Weekend)

$32.83 PAB 32.83

Cinema Ticket

$8.09 PAB 8.09

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

$478 PAB 478

International Primary School, 1 Child (Yearly)

$6,100 PAB 6,100

$15.8K PAB 15.8K

-61.41%

Jeans (Levis 501 Or Similar)

$52.0 PAB 52.0

Summer Dress (H&M, Zara, etc)

$46.66 PAB 46.66

Sport Shoes (Adidas, Nike)

$89.6 PAB 89.6

Men's Leather Business Shoes

$123 PAB 123

1-bedroom Apartment, City Center (Monthly)

$345 PAB 345

$1,124 PAB 1,124

-69.34%

1-bedroom Apartment, Outside City Center (Monthly)

$352 PAB 352

$894 PAB 894

-60.63%

3-bedroom Apartment, City Center (Monthly)

$2,059 PAB 2,059

3-bedroom Apartment, Outside City Center (Monthly)

$1,553 PAB 1,553

Buy Apartment in City Center (m2)

$3,128 PAB 3,128

Buy Apartment Outside City Center (m2)

$1,730 PAB 1,730

Average Monthly Net Salary (After Tax)

$598 PAB 598

$967 PAB 967

-38.22%

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: March 1, 2026

Last update for Panama City: March 1, 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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