Last update: Oct 2026

Cost of Living Comparison Between Las Piedras and Panama City

For one person, living is cheaper in Las Piedras: $961 a month against $1,857 in Panama City, rent and utilities included – about $10,800 less a year. Rent and utilities account for most of the difference.

47

Cost of Living Index in Las Piedras
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Las Piedras Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Las Piedras

🇺🇾 Uruguay

$961

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

How much you'll spend in Las Piedras 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 Las Piedras and in Panama City actually costs, broken down by who's living it.

A single person spends $961 per month in Las Piedras vs $1,857 in Panama City, rent included.

Las Piedras $961
Panama City $1,857

A couple spends around $1,577 per month in Las Piedras vs $2,815 in Panama City, rent included.

Las Piedras $1,577
Panama City $2,815

A family of three spends $2,193 per month in Las Piedras vs $3,773 in Panama City, rent included.

Las Piedras $2,193
Panama City $3,773

Las Piedras is about 48% cheaper than Panama City, and outside of rent the biggest gap is in eating out.

Las Piedras sits 29% below the global median, while Panama City is 37% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.18 UYU 529

$11.68 PAB 11.68

12.84%

Three-Course Dinner for Two, Mid-Range

$43.97 UYU 1,765

$47.76 PAB 47.76

-7.94%

Fast Food Meal (McDonalds, etc)

$13.86 UYU 556

$8.12 PAB 8.12

70.69%

Cappuccino

$4.49 UYU 180

$4.23 PAB 4.23

6.15%

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

$2.38 UYU 95.4

$1.92 PAB 1.92

23.96%

Water (0.33 liter bottle)

$2.07 UYU 83.3

$1.58 PAB 1.58

31.01%

Local Beer (0.5 liter draught)

$3.04 UYU 122

$3.31 PAB 3.31

-8.16%

Imported Beer (0.33 liter bottle)

$3.56 UYU 143

$3.98 PAB 3.98

-10.55%

Milk (1 liter)

$1.17 UYU 46.88

$1.92 PAB 1.92

-39.06%

White Bread (500g)

$2.70 UYU 108

$2.63 PAB 2.63

2.66%

Rice (white) (1kg)

$1.67 UYU 67.2

$3.39 PAB 3.39

-50.74%

Eggs

$4.21 UYU 169

$2.67 PAB 2.67

57.68%

Local Cheese (1kg)

$11.89 UYU 477

$12.21 PAB 12.21

-2.62%

Chicken Fillets (1kg)

$11.26 UYU 452

$6.91 PAB 6.91

62.95%

Beef Round Steak (1kg)

$11.90 UYU 478

$10.58 PAB 10.58

12.48%

Apples (1kg)

$2.83 UYU 114

$4.16 PAB 4.16

-31.97%

Banana (1kg)

$2.76 UYU 111

$1.97 PAB 1.97

40.10%

Oranges (1kg)

$1.73 UYU 69.6

$4.06 PAB 4.06

-57.39%

Tomato (1kg)

$3.20 UYU 128

$4.18 PAB 4.18

-23.44%

Potato (1kg)

$1.91 UYU 76.5

$3.47 PAB 3.47

-44.96%

Onion (1kg)

$2.00 UYU 80.3

$4.26 PAB 4.26

-53.05%

Lettuce (1 head)

$1.45 UYU 58.1

$2.44 PAB 2.44

-40.57%

Water (1.5 liter bottle)

$1.93 UYU 77.6

$1.69 PAB 1.69

14.20%

Cigarettes 20 Pack (Marlboro, Camel)

$5.32 UYU 214

$5.83 PAB 5.83

-8.75%

Wine (Bottle)

$8.23 UYU 330

$11.43 PAB 11.43

-28.00%

Local Beer (0.5 liter bottle)

$2.25 UYU 90.3

$1.38 PAB 1.38

63.04%

Imported Beer (0.33 liter bottle)

$2.76 UYU 111

$2.76 PAB 2.76

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

Taxi Start (Normal Tariff)

$1.85 UYU 74.2

$2.55 PAB 2.55

-27.45%

Taxi (Normal Tariff) (1km)

$0.44 UYU 17.60

$1.78 PAB 1.78

-75.28%

Taxi 1hour Waiting (Normal Tariff)

$10.24 UYU 411

$22.17 PAB 22.17

-53.81%

Gasoline (1 liter)

$2.19 UYU 88.0

$1.24 PAB 1.24

76.61%

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

$26.4K UYU 1.1M

$24.4K PAB 24.4K

8.11%

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

$37.0K UYU 1.5M

$21.3K PAB 21.3K

73.62%

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

$113 UYU 4,552

$131 PAB 131

-13.61%

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

$20.83 UYU 836

$27.83 PAB 27.83

-25.15%

Internet (50+ Mbps, Unlimited Data)

$44.70 UYU 1,794

$49.32 PAB 49.32

-9.37%

Gym Membership (Monthly)

$29.41 UYU 1,181

$45.69 PAB 45.69

-35.63%

Tennis Court (1 Hour on Weekend)

$74.8 UYU 3,002

$34.10 PAB 34.10

119.35%

Cinema Ticket

$11.99 UYU 481

$8.47 PAB 8.47

41.56%

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

$505 UYU 20.3K

$553 PAB 553

-8.75%

International Primary School, 1 Child (Yearly)

$6,551 UYU 262.9K

$9,719 PAB 9,719

-32.59%

Jeans (Levis 501 Or Similar)

$89.9 UYU 3,608

$66.4 PAB 66.4

35.30%

Summer Dress (H&M, Zara, etc)

$38.05 UYU 1,527

$47.39 PAB 47.39

-19.71%

Sport Shoes (Adidas, Nike)

$127 UYU 5,081

$95.7 PAB 95.7

32.37%

Men's Leather Business Shoes

$120 UYU 4,799

$113 PAB 113

6.16%

1-bedroom Apartment, City Center (Monthly)

$1,322 PAB 1,322

1-bedroom Apartment, Outside City Center (Monthly)

$874 PAB 874

3-bedroom Apartment, City Center (Monthly)

$421 UYU 16.9K

$2,153 PAB 2,153

-80.47%

3-bedroom Apartment, Outside City Center (Monthly)

$1,580 PAB 1,580

Buy Apartment in City Center (m2)

$3,097 PAB 3,097

Buy Apartment Outside City Center (m2)

$1,698 PAB 1,698

Average Monthly Net Salary (After Tax)

$914 PAB 914

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

-21.75%

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

Last update for Las Piedras: October 17, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

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

Groceries & Markets

Las Piedras

$316 32.8%

Panama City

$327 17.6% 3.5% $11

Eating Out

Las Piedras

$241 25.1%

Panama City

$207 11.2% 14.1% $34

Monthly Utilities & Internet

Las Piedras

$179 18.6%

Panama City

$208 11.2% 16.5% $29

Clothing & Footwear

Las Piedras

$168 17.5%

Panama City

$145 7.8% 13.9% $23

Sport & Entertainment

Las Piedras

$53 5.6%

Panama City

$63 3.4% 17.3% $9.2

Getting Around

Las Piedras

$4 * 0.4%

Panama City

$33 1.8% 728% $29

Accommodation & Living

Las Piedras

- * 0%

Panama City

$874 47.1%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $44.00 in Las Piedras versus $48.00 in Panama City. Monthly groceries follow the same trend: $316 vs $327 – making Las Piedras the more affordable choice for daily food spending.

Good to know

🇺🇾 Las Piedras

🇵🇦 Panama City

🕒 Local time

15:05 3:05 PM

13:05 1:05 PM

2 h behind Las Piedras

🌤 Weather

👥 Population

71,268

1,086,990 Capital

💱 Currency

Uruguayan Peso UYU $U

Panamanian Balboa PAB B/.

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 20, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

Panamanian Balboa exchange rates as of October 20, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to UYU in detail →

On the map

Lowest

Highest

Between locations

Las Piedras Panama City 5,440 km ≈ 7 h nonstop flight

From you

Las Piedras
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

Las Piedras vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 93%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,442 per month in Las Piedras and $2,786 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $961 in Las Piedras and $1,857 in Panama City. That's a gap of about 93%.

Kindergarten costs $505 per month in Las Piedras and $553 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Las Piedras, where all-in costs run around $961, than in Panama City at $1,857. In Las Piedras it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Las Piedras – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Las Piedras. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.