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

🙂 Solo nomad: David is 39.4% cheaper than Panama City without rent, and 43.7% cheaper with rent.
🙂 Family of 3: David is 42.1% cheaper than Panama City without rent, and 63.9% cheaper with rent.
Currency
🍽 Eating Out
David
Panama City
Difference
Meal at Budget Restaurant
$5.04 PAB 5.04
$10.18 PAB 10.18
-50.49%
Three-Course Dinner for Two, Mid-Range
$36.53 PAB 36.53
$49.36 PAB 49.36
-25.99%
Fast Food Meal (McDonalds, etc)
$6.77 PAB 6.77
$8.16 PAB 8.16
-17.03%
Cappuccino
$2.66 PAB 2.66
$3.58 PAB 3.58
-25.70%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.4 PAB 1.4
$1.66 PAB 1.66
-15.66%
Water (0.33 liter bottle)
$1.4 PAB 1.4
$1.41 PAB 1.41
-0.71%
Local Beer (0.5 liter draught)
$1.48 PAB 1.48
$3.08 PAB 3.08
-51.95%
Imported Beer (0.33 liter bottle)
$2.29 PAB 2.29
$3.9 PAB 3.9
-41.28%
🛒 Groceries & Markets
David
Panama City
Difference
Milk (1 liter)
$1.73 PAB 1.73
$1.88 PAB 1.88
-7.98%
White Bread (500g)
$2.03 PAB 2.03
$2.56 PAB 2.56
-20.70%
Rice (white) (1kg)
$2.53 PAB 2.53
$2.52 PAB 2.52
0.40%
Eggs
$1.94 PAB 1.94
$2.95 PAB 2.95
-34.24%
Local Cheese (1kg)
$5.47 PAB 5.47
$11.6 PAB 11.6
-52.84%
Chicken Fillets (1kg)
$11.18 PAB 11.18
$7.14 PAB 7.14
56.58%
Beef Round Steak (1kg)
$2.84 PAB 2.84
$9.92 PAB 9.92
-71.37%
Apples (1kg)
$7.81 PAB 7.81
$3.42 PAB 3.42
128.36%
Banana (1kg)
-
$1.49 PAB 1.49
-
Oranges (1kg)
-
$2.73 PAB 2.73
-
Tomato (1kg)
-
$3.24 PAB 3.24
-
Potato (1kg)
-
$2.28 PAB 2.28
-
Onion (1kg)
$2.57 PAB 2.57
$2.91 PAB 2.91
-11.68%
Lettuce (1 head)
$1.39 PAB 1.39
$2.14 PAB 2.14
-35.05%
Water (1.5 liter bottle)
$2.52 PAB 2.52
$1.57 PAB 1.57
60.51%
Cigarettes 20 Pack (Marlboro, Camel)
-
$5.84 PAB 5.84
-
Wine (Bottle)
$10.06 PAB 10.06
$9.91 PAB 9.91
1.51%
Local Beer (0.5 liter bottle)
-
$1.3 PAB 1.3
-
Imported Beer (0.33 liter bottle)
-
$2.32 PAB 2.32
-
🚌 Getting Around
David
Panama City
Difference
One-way Ticket (Public Transport)
$0.77 PAB 0.77
$0.44 PAB 0.44
75.00%
Public Transport Monthly Pass (Regular Price)
-
$22.32 PAB 22.32
-
Taxi Start (Normal Tariff)
$2.96 PAB 2.96
$2.53 PAB 2.53
17.00%
Taxi (Normal Tariff) (1km)
$2.04 PAB 2.04
$1.76 PAB 1.76
15.91%
Taxi 1hour Waiting (Normal Tariff)
-
$21.86 PAB 21.86
-
Gasoline (1 liter)
$0.98 PAB 0.98
$0.89 PAB 0.89
10.11%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25K PAB 25K
$19.9K PAB 19.9K
25.36%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.5K PAB 29.5K
$20.5K PAB 20.5K
44.26%
🧾 Monthly Utilities & Internet
David
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$173 PAB 173
$124 PAB 124
38.94%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.42 PAB 28.42
$29.96 PAB 29.96
-5.14%
Internet (50+ Mbps, Unlimited Data)
$42.98 PAB 42.98
$50.2 PAB 50.2
-14.30%
🎉 Sport & Entertainment
David
Panama City
Difference
Gym Membership (Monthly)
$30.95 PAB 30.95
$44.96 PAB 44.96
-31.16%
Tennis Court (1 Hour on Weekend)
-
$32.03 PAB 32.03
-
Cinema Ticket
-
$8.16 PAB 8.16
-
🧸 Childcare & Education
David
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
-
$471 PAB 471
-
International Primary School, 1 Child (Yearly)
$5,909 PAB 5,909
$16K PAB 16K
-62.97%
👕👟 Clothing & Footwear
David
Panama City
Difference
Jeans (Levis 501 Or Similar)
-
$52 PAB 52
-
Summer Dress (H&M, Zara, etc)
-
$45.24 PAB 45.24
-
Sport Shoes (Adidas, Nike)
-
$87.6 PAB 87.6
-
Men's Leather Business Shoes
-
$120 PAB 120
-
🏠 Accommodation & Living
David
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$354 PAB 354
$1,126 PAB 1,126
-68.56%
1-bedroom Apartment, Outside City Center (Monthly)
$345 PAB 345
$890 PAB 890
-61.26%
3-bedroom Apartment, City Center (Monthly)
-
$2,013 PAB 2,013
-
3-bedroom Apartment, Outside City Center (Monthly)
-
$1,555 PAB 1,555
-
Buy Apartment in City Center (m2)
-
$2,710 PAB 2,710
-
Buy Apartment Outside City Center (m2)
-
$1,655 PAB 1,655
-
💵 Salaries & Financials
David
Panama City
Difference
Average Monthly Net Salary (After Tax)
$604 PAB 604
$975 PAB 975
-38.08%
20-Year Fixed Mortgage Interest Rate (Annual %)
7
6.23
12.36%

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

Last update for David: October 27, 2025

Last update for Panama City: October 29, 2025

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