Last update: Oct 2026

Cost of Living Comparison Between Francisco Morato and Panama City

For one person, living is cheaper in Francisco Morato: $909 a month against $1,857 in Panama City, rent and utilities included – about $11,400 less a year. Rent and utilities account for most of the difference.

44

Cost of Living Index in Francisco Morato
Learn more

Francisco Morato Living Index
90

Cost of Living Index in Panama City
Learn more

Panama City Living Index

Jump to prices

Francisco Morato

🇧🇷 Brazil

$909

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

How much you'll spend in Francisco Morato and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Francisco Morato and in Panama City actually costs, broken down by who's living it.

Monthly costs for one person with rent: $909 in Francisco Morato versus $1,857 in Panama City.

Francisco Morato $909
Panama City $1,857

Estimated couple costs with rent: $1,497 in Francisco Morato versus $2,815 in Panama City.

Francisco Morato $1,497
Panama City $2,815

Monthly costs for a family of three with rent: $2,084 in Francisco Morato versus $3,773 in Panama City.

Francisco Morato $2,084
Panama City $3,773

Living in Francisco Morato costs roughly 51% less than in Panama City, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Francisco Morato is 33% below, Panama City is 37% above.

Meal at Budget Restaurant

$7.11 R$36.02

$11.68 PAB 11.68

-39.13%

Three-Course Dinner for Two, Mid-Range

$39.40 R$200

$47.76 PAB 47.76

-17.50%

Fast Food Meal (McDonalds, etc)

$9.12 R$46.25

$8.12 PAB 8.12

12.32%

Cappuccino

$2.17 R$10.98

$4.23 PAB 4.23

-48.70%

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

$1.65 R$8.37

$1.92 PAB 1.92

-14.06%

Water (0.33 liter bottle)

$1.15 R$5.83

$1.58 PAB 1.58

-27.22%

Local Beer (0.5 liter draught)

$2.80 R$14.18

$3.31 PAB 3.31

-15.41%

Imported Beer (0.33 liter bottle)

$4.32 R$21.89

$3.98 PAB 3.98

8.54%

Milk (1 liter)

$1.20 R$6.10

$1.92 PAB 1.92

-37.50%

White Bread (500g)

$2.02 R$10.26

$2.63 PAB 2.63

-23.19%

Rice (white) (1kg)

$1.14 R$5.78

$3.39 PAB 3.39

-66.37%

Eggs

$2.68 R$13.60

$2.67 PAB 2.67

0.37%

Local Cheese (1kg)

$9.05 R$45.88

$12.21 PAB 12.21

-25.88%

Chicken Fillets (1kg)

$4.32 R$21.90

$6.91 PAB 6.91

-37.48%

Beef Round Steak (1kg)

$10.66 R$54.1

$10.58 PAB 10.58

0.76%

Apples (1kg)

$2.85 R$14.45

$4.16 PAB 4.16

-31.49%

Banana (1kg)

$1.82 R$9.25

$1.97 PAB 1.97

-7.61%

Oranges (1kg)

$1.78 R$9.02

$4.06 PAB 4.06

-56.16%

Tomato (1kg)

$1.82 R$9.22

$4.18 PAB 4.18

-56.46%

Potato (1kg)

$1.42 R$7.22

$3.47 PAB 3.47

-59.08%

Onion (1kg)

$1.37 R$6.92

$4.26 PAB 4.26

-67.84%

Lettuce (1 head)

$0.97 R$4.93

$2.44 PAB 2.44

-60.25%

Water (1.5 liter bottle)

$0.79 R$3.99

$1.69 PAB 1.69

-53.25%

Cigarettes 20 Pack (Marlboro, Camel)

$2.79 R$14.15

$5.83 PAB 5.83

-52.14%

Wine (Bottle)

$8.89 R$45.05

$11.43 PAB 11.43

-22.22%

Local Beer (0.5 liter bottle)

$1.64 R$8.32

$1.38 PAB 1.38

18.84%

Imported Beer (0.33 liter bottle)

$2.11 R$10.70

$2.76 PAB 2.76

-23.55%

One-way Ticket (Public Transport)

$1.03 R$5.22

$0.33 PAB 0.33

212.12%

Public Transport Monthly Pass (Regular Price)

$45.27 R$229

$20.63 PAB 20.63

119.44%

Taxi Start (Normal Tariff)

$1.31 R$6.67

$2.55 PAB 2.55

-48.63%

Taxi (Normal Tariff) (1km)

$1.42 R$7.19

$1.78 PAB 1.78

-20.22%

Taxi 1hour Waiting (Normal Tariff)

$9.62 R$48.77

$22.17 PAB 22.17

-56.61%

Gasoline (1 liter)

$1.29 R$6.56

$1.24 PAB 1.24

4.03%

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

$23.3K R$118.3K

$24.4K PAB 24.4K

-4.35%

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

$34.5K R$174.9K

$21.3K PAB 21.3K

62.00%

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

$43.25 R$219

$131 PAB 131

-67.06%

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

$14.17 R$71.8

$27.83 PAB 27.83

-49.08%

Internet (50+ Mbps, Unlimited Data)

$17.99 R$91.2

$49.32 PAB 49.32

-63.52%

Gym Membership (Monthly)

$28.56 R$145

$45.69 PAB 45.69

-37.49%

Tennis Court (1 Hour on Weekend)

$29.94 R$152

$34.10 PAB 34.10

-12.20%

Cinema Ticket

$8.02 R$40.68

$8.47 PAB 8.47

-5.31%

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

$427 R$2,166

$553 PAB 553

-22.82%

International Primary School, 1 Child (Yearly)

$7,460 R$37.8K

$9,719 PAB 9,719

-23.24%

Jeans (Levis 501 Or Similar)

$55.5 R$282

$66.4 PAB 66.4

-16.41%

Summer Dress (H&M, Zara, etc)

$58.0 R$294

$47.39 PAB 47.39

22.47%

Sport Shoes (Adidas, Nike)

$94.1 R$477

$95.7 PAB 95.7

-1.58%

Men's Leather Business Shoes

$84.5 R$428

$113 PAB 113

-24.98%

1-bedroom Apartment, City Center (Monthly)

$363 R$1,841

$1,322 PAB 1,322

-72.54%

1-bedroom Apartment, Outside City Center (Monthly)

$236 R$1,196

$874 PAB 874

-73.02%

3-bedroom Apartment, City Center (Monthly)

$666 R$3,379

$2,153 PAB 2,153

-69.04%

3-bedroom Apartment, Outside City Center (Monthly)

$476 R$2,414

$1,580 PAB 1,580

-69.87%

Buy Apartment in City Center (m2)

$1,626 R$8,241

$3,097 PAB 3,097

-47.52%

Buy Apartment Outside City Center (m2)

$1,235 R$6,259

$1,698 PAB 1,698

-27.29%

Average Monthly Net Salary (After Tax)

$914 PAB 914

20-Year Fixed Mortgage Interest Rate (Annual %)

11.12

6.39

74.02%

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

Last update for Francisco Morato: October 17, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Francisco Morato

$236 25.9%

Panama City

$874 47.1% 271% $638

Groceries & Markets

Francisco Morato

$220 24.2%

Panama City

$327 17.6% 48.3% $106

Eating Out

Francisco Morato

$144 15.8%

Panama City

$207 11.2% 43.7% $63

Clothing & Footwear

Francisco Morato

$132 14.5%

Panama City

$145 7.8% 10.2% $13

Monthly Utilities & Internet

Francisco Morato

$75 8.3%

Panama City

$208 11.2% 176% $133

Getting Around

Francisco Morato

$58 6.4%

Panama City

$33 1.8% 42.2% $24

Sport & Entertainment

Francisco Morato

$45 4.9%

Panama City

$63 3.4% 40.4% $18

Cost Breakdown

A one-bedroom apartment in the center runs $363 in Francisco Morato and $1,322 in Panama City. Housing cost is often the main lever when comparing two cities.

Dining out: $39.00 in Francisco Morato vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $220 vs $327 per month, with Francisco Morato cheaper across the board.

Good to know

🇧🇷 Francisco Morato

🇵🇦 Panama City

🕒 Local time

11:49 11:49 AM

09:49 9:49 AM

2 h behind Francisco Morato

🌤 Weather

👥 Population

165,139

1,086,990 Capital

💱 Currency

Brazilian Real BRL R$

Panamanian Balboa PAB B/.

📈 Exchange rate

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 22, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Panamanian Balboa exchange rates as of October 22, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to BRL in detail →

On the map

Lowest

Highest

Between locations

Francisco Morato Panama City 5,060 km ≈ 7 h nonstop flight

From you

Francisco Morato
Panama City

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Francisco Morato vs Panama City: Cost of Living - Frequently Asked Questions

Francisco Morato is cheaper overall, especially in groceries, eating out, and clothing. The 104% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,364 in Francisco Morato and $2,786 in Panama City to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $363 in Francisco Morato versus $1,322 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Francisco Morato – a meal for two runs $39.00 versus $48.00 in Panama City. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $909 per month in Francisco Morato versus $1,857 in Panama City – a 104% gap that adds up to real savings over time for anyone picking the cheaper option.

At $909 in Francisco Morato versus $1,857 in Panama City, a $1,500 budget is realistic in Francisco Morato but tight or insufficient in Panama City. The gap between the two cities makes Francisco Morato the clear choice for anyone on this budget.

For families, Francisco Morato is more practical. Housing and childcare are both notably cheaper than in Panama City, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Francisco Morato gentler on the wallet – expenses run 104% less than in Panama City. Beyond cost, consider language, visa policies, and how big the international community is in each city.