Last update: Oct 2026

Cost of Living Comparison Between Libertad and Panama City

For one person, living is cheaper in Libertad: $1,074 a month against $1,857 in Panama City, rent and utilities included – about $9,400 less a year. Higher rent and utilities in Panama City outweigh lower spending on other living expenses.

52

Cost of Living Index in Libertad
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Libertad Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Libertad

🇺🇾 Uruguay

$1,074

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,074 in Libertad versus $1,857 in Panama City.

Libertad $1,074
Panama City $1,857

Estimated couple costs with rent: $1,735 in Libertad versus $2,815 in Panama City.

Libertad $1,735
Panama City $2,815

Monthly costs for a family of three with rent: $2,396 in Libertad versus $3,773 in Panama City.

Libertad $2,396
Panama City $3,773

Living in Libertad costs roughly 42% less than in Panama City, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Libertad is 21% below, Panama City is 37% above.

Meal at Budget Restaurant

$14.93 UYU 599

$11.68 PAB 11.68

27.83%

Three-Course Dinner for Two, Mid-Range

$68.4 UYU 2,746

$47.76 PAB 47.76

43.24%

Fast Food Meal (McDonalds, etc)

$14.39 UYU 578

$8.12 PAB 8.12

77.22%

Cappuccino

$4.67 UYU 187

$4.23 PAB 4.23

10.40%

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

$2.74 UYU 110

$1.92 PAB 1.92

42.71%

Water (0.33 liter bottle)

$2.03 UYU 81.3

$1.58 PAB 1.58

28.48%

Local Beer (0.5 liter draught)

$4.99 UYU 200

$3.31 PAB 3.31

50.76%

Imported Beer (0.33 liter bottle)

$3.70 UYU 148

$3.98 PAB 3.98

-7.04%

Milk (1 liter)

$1.34 UYU 53.7

$1.92 PAB 1.92

-30.21%

White Bread (500g)

$2.86 UYU 115

$2.63 PAB 2.63

8.75%

Rice (white) (1kg)

$1.70 UYU 68.2

$3.39 PAB 3.39

-49.85%

Eggs

$4.67 UYU 187

$2.67 PAB 2.67

74.91%

Local Cheese (1kg)

$13.88 UYU 557

$12.21 PAB 12.21

13.68%

Chicken Fillets (1kg)

$11.99 UYU 481

$6.91 PAB 6.91

73.52%

Beef Round Steak (1kg)

$11.88 UYU 477

$10.58 PAB 10.58

12.29%

Apples (1kg)

$2.78 UYU 112

$4.16 PAB 4.16

-33.17%

Banana (1kg)

$2.83 UYU 113

$1.97 PAB 1.97

43.65%

Oranges (1kg)

$1.71 UYU 68.7

$4.06 PAB 4.06

-57.88%

Tomato (1kg)

$3.22 UYU 129

$4.18 PAB 4.18

-22.97%

Potato (1kg)

$2.02 UYU 80.9

$3.47 PAB 3.47

-41.79%

Onion (1kg)

$2.08 UYU 83.3

$4.26 PAB 4.26

-51.17%

Lettuce (1 head)

$1.38 UYU 55.4

$2.44 PAB 2.44

-43.44%

Water (1.5 liter bottle)

$1.94 UYU 77.9

$1.69 PAB 1.69

14.79%

Cigarettes 20 Pack (Marlboro, Camel)

$5.64 UYU 226

$5.83 PAB 5.83

-3.26%

Wine (Bottle)

$8.84 UYU 355

$11.43 PAB 11.43

-22.66%

Local Beer (0.5 liter bottle)

$2.24 UYU 89.9

$1.38 PAB 1.38

62.32%

Imported Beer (0.33 liter bottle)

$2.73 UYU 110

$2.76 PAB 2.76

-1.09%

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)

$1.89 UYU 75.9

$2.55 PAB 2.55

-25.88%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.15

$1.78 PAB 1.78

-77.53%

Taxi 1hour Waiting (Normal Tariff)

$10.65 UYU 427

$22.17 PAB 22.17

-51.96%

Gasoline (1 liter)

$2.12 UYU 85.2

$1.24 PAB 1.24

70.97%

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

$26.7K UYU 1.1M

$24.4K PAB 24.4K

9.22%

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

$36.9K UYU 1.5M

$21.3K PAB 21.3K

73.33%

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

$193 UYU 7,748

$131 PAB 131

47.05%

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

$20.77 UYU 834

$27.83 PAB 27.83

-25.37%

Internet (50+ Mbps, Unlimited Data)

$44.35 UYU 1,780

$49.32 PAB 49.32

-10.08%

Gym Membership (Monthly)

$45.69 PAB 45.69

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$12.17 UYU 488

$8.47 PAB 8.47

43.68%

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

$621 UYU 24.9K

$553 PAB 553

12.21%

International Primary School, 1 Child (Yearly)

$10.8K UYU 435.3K

$9,719 PAB 9,719

11.59%

Jeans (Levis 501 Or Similar)

$102 UYU 4,104

$66.4 PAB 66.4

53.91%

Summer Dress (H&M, Zara, etc)

$57.3 UYU 2,298

$47.39 PAB 47.39

20.83%

Sport Shoes (Adidas, Nike)

$124 UYU 4,977

$95.7 PAB 95.7

29.66%

Men's Leather Business Shoes

$129 UYU 5,181

$113 PAB 113

14.60%

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)

$2,153 PAB 2,153

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 %)

5.74

6.39

-10.17%

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

Last update for Libertad: October 20, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

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

Groceries & Markets

Libertad

$332 30.9%

Panama City

$327 17.6% 1.6% $5.3

Eating Out

Libertad

$270 25.1%

Panama City

$207 11.2% 23.3% $63

Monthly Utilities & Internet

Libertad

$258 24%

Panama City

$208 11.2% 19.3% $50

Clothing & Footwear

Libertad

$186 17.3%

Panama City

$145 7.8% 21.9% $41

Sport & Entertainment

Libertad

$24 * 2.3%

Panama City

$63 3.4% 157% $38

Getting Around

Libertad

$3.9 * 0.4%

Panama City

$33 1.8% 757% $30

Accommodation & Living

Libertad

- * 0%

Panama City

$874 47.1%

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

Cost Breakdown

Dining out: $68.0 in Libertad vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $332 vs $327 per month, with Panama City cheaper across the board.

Good to know

🇺🇾 Libertad

🇵🇦 Panama City

🕒 Local time

15:52 3:52 PM

13:52 1:52 PM

2 h behind Libertad

🌤 Weather

👥 Population

10,166

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

Libertad Panama City 5,420 km ≈ 7 h nonstop flight

From you

Libertad
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

Libertad vs Panama City: Cost of Living - Frequently Asked Questions

Libertad and Panama City differ by about 73% in total monthly costs ($1,074 vs $1,857 including rent). Libertad is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $1,611 in Libertad 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.

Shoppers in Panama City pay roughly 2% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,074 per month in Libertad versus $1,857 in Panama City – a 73% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,074 in Libertad versus $1,857 in Panama City, a $2,000 budget is realistic in Libertad but tight or insufficient in Panama City. The gap between the two cities makes Libertad the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Libertad and Panama City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Libertad gentler on the wallet – expenses run 73% less than in Panama City. Beyond cost, consider language, visa policies, and how big the international community is in each city.