Last update: Oct 2026

Cost of Living Comparison Between Lomas de Zamora and Panama City

For one person, living is cheaper in Lomas de Zamora: $1,223 a month against $1,855 in Panama City, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

59

Cost of Living Index in Lomas de Zamora
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Lomas de Zamora Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Lomas de Zamora

🇦🇷 Argentina

$1,223

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,223 in Lomas de Zamora versus $1,855 in Panama City.

Lomas de Zamora $1,223
Panama City $1,855

Estimated couple costs with rent: $2,079 in Lomas de Zamora versus $2,804 in Panama City.

Lomas de Zamora $2,079
Panama City $2,804

Monthly costs for a family of three with rent: $2,935 in Lomas de Zamora versus $3,753 in Panama City.

Lomas de Zamora $2,935
Panama City $3,753

Living in Lomas de Zamora costs roughly 34% less than in Panama City, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Lomas de Zamora is 9% below, Panama City is 37% above.

Meal at Budget Restaurant

$10.03 ARS 15.2K

$11.63 PAB 11.63

-13.76%

Three-Course Dinner for Two, Mid-Range

$53.9 ARS 81.8K

$47.92 PAB 47.92

12.52%

Fast Food Meal (McDonalds, etc)

$11.58 ARS 17.6K

$7.96 PAB 7.96

45.48%

Cappuccino

$3.41 ARS 5,175

$4.22 PAB 4.22

-19.19%

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

$1.96 ARS 2,978

$2.01 PAB 2.01

-2.49%

Water (0.33 liter bottle)

$1.70 ARS 2,572

$1.56 PAB 1.56

8.97%

Local Beer (0.5 liter draught)

$3.94 ARS 5,976

$3.39 PAB 3.39

16.22%

Imported Beer (0.33 liter bottle)

$4.66 ARS 7,070

$3.94 PAB 3.94

18.27%

Milk (1 liter)

$1.31 ARS 1,990

$1.85 PAB 1.85

-29.19%

White Bread (500g)

$2.04 ARS 3,102

$2.56 PAB 2.56

-20.31%

Rice (white) (1kg)

$1.57 ARS 2,385

$3.48 PAB 3.48

-54.89%

Eggs

$2.74 ARS 4,153

$2.69 PAB 2.69

1.86%

Local Cheese (1kg)

$10.51 ARS 15.9K

$12.57 PAB 12.57

-16.39%

Chicken Fillets (1kg)

$10.32 ARS 15.7K

$6.83 PAB 6.83

51.10%

Beef Round Steak (1kg)

$13.26 ARS 20.1K

$10.58 PAB 10.58

25.33%

Apples (1kg)

$2.71 ARS 4,119

$4.18 PAB 4.18

-35.17%

Banana (1kg)

$1.95 ARS 2,955

$1.83 PAB 1.83

6.56%

Oranges (1kg)

$1.36 ARS 2,068

$4.20 PAB 4.20

-67.62%

Tomato (1kg)

$1.99 ARS 3,019

$4.03 PAB 4.03

-50.62%

Potato (1kg)

$1.20 ARS 1,821

$3.48 PAB 3.48

-65.52%

Onion (1kg)

$1.26 ARS 1,905

$4.22 PAB 4.22

-70.14%

Lettuce (1 head)

$1.36 ARS 2,070

$2.41 PAB 2.41

-43.57%

Water (1.5 liter bottle)

$1.72 ARS 2,614

$1.69 PAB 1.69

1.78%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ARS 4,985

$6.14 PAB 6.14

-46.42%

Wine (Bottle)

$5.46 ARS 8,286

$11.30 PAB 11.30

-51.68%

Local Beer (0.5 liter bottle)

$1.70 ARS 2,584

$1.42 PAB 1.42

19.72%

Imported Beer (0.33 liter bottle)

$2.65 ARS 4,017

$2.73 PAB 2.73

-2.93%

One-way Ticket (Public Transport)

$1.04 ARS 1,575

$0.33 PAB 0.33

215.15%

Public Transport Monthly Pass (Regular Price)

$26.87 ARS 40.8K

$21.23 PAB 21.23

26.57%

Taxi Start (Normal Tariff)

$1.61 ARS 2,445

$2.52 PAB 2.52

-36.11%

Taxi (Normal Tariff) (1km)

$1.01 ARS 1,535

$1.86 PAB 1.86

-45.70%

Taxi 1hour Waiting (Normal Tariff)

$8.00 ARS 12.1K

$21.78 PAB 21.78

-63.27%

Gasoline (1 liter)

$1.38 ARS 2,090

$1.25 PAB 1.25

10.40%

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

$16.8K ARS 25.5M

$21.2K PAB 21.2K

-20.96%

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

$30.0K ARS 45.6M

$21.0K PAB 21.0K

42.92%

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

$98.1 ARS 148.9K

$130 PAB 130

-24.45%

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

$19.99 ARS 30.3K

$28.13 PAB 28.13

-28.94%

Internet (50+ Mbps, Unlimited Data)

$27.23 ARS 41.3K

$48.21 PAB 48.21

-43.52%

Gym Membership (Monthly)

$30.84 ARS 46.8K

$45.78 PAB 45.78

-32.63%

Tennis Court (1 Hour on Weekend)

$32.78 ARS 49.7K

$34.92 PAB 34.92

-6.13%

Cinema Ticket

$7.93 ARS 12.0K

$8.67 PAB 8.67

-8.54%

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

$400 ARS 606.4K

$544 PAB 544

-26.58%

International Primary School, 1 Child (Yearly)

$7,354 ARS 11.2M

$9,697 PAB 9,697

-24.17%

Jeans (Levis 501 Or Similar)

$122 ARS 185.0K

$66.8 PAB 66.8

82.61%

Summer Dress (H&M, Zara, etc)

$96.0 ARS 145.6K

$49.14 PAB 49.14

95.26%

Sport Shoes (Adidas, Nike)

$117 ARS 178.1K

$93.9 PAB 93.9

25.08%

Men's Leather Business Shoes

$102 ARS 154.3K

$112 PAB 112

-8.86%

1-bedroom Apartment, City Center (Monthly)

$517 ARS 784.9K

$1,257 PAB 1,257

-58.85%

1-bedroom Apartment, Outside City Center (Monthly)

$325 ARS 493.8K

$875 PAB 875

-62.81%

3-bedroom Apartment, City Center (Monthly)

$975 ARS 1.5M

$2,155 PAB 2,155

-54.75%

3-bedroom Apartment, Outside City Center (Monthly)

$837 ARS 1.3M

$1,564 PAB 1,564

-46.50%

Buy Apartment in City Center (m2)

$2,953 ARS 4.5M

$3,122 PAB 3,122

-5.42%

Buy Apartment Outside City Center (m2)

$1,507 ARS 2.3M

$1,709 PAB 1,709

-11.85%

Average Monthly Net Salary (After Tax)

$761 ARS 1.2M

$916 PAB 916

-16.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

6.39

795.93%

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

Last update for Lomas de Zamora: October 10, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Lomas de Zamora

$325 26.6%

Panama City

$875 47.2% 169% $550

Groceries & Markets

Lomas de Zamora

$271 22.2%

Panama City

$325 17.5% 19.8% $54

Eating Out

Lomas de Zamora

$200 16.3%

Panama City

$207 11.1% 3.6% $7.1

Clothing & Footwear

Lomas de Zamora

$197 16.1%

Panama City

$145 7.8% 26.5% $52

Monthly Utilities & Internet

Lomas de Zamora

$145 11.9%

Panama City

$206 11.1% 41.9% $61

Sport & Entertainment

Lomas de Zamora

$47 3.8%

Panama City

$63 3.4% 35.1% $16

Getting Around

Lomas de Zamora

$38 3.1%

Panama City

$34 1.9% 8.7% $3.3

Cost Breakdown

A one-bedroom apartment in the center runs $517 in Lomas de Zamora and $1,257 in Panama City. Housing cost is often the main lever when comparing two cities.

Panama City pays 20% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $54.0 in Lomas de Zamora vs $48.00 in Panama City. Groceries flip the comparison at $271 vs $325, with Lomas de Zamora cheaper for home cooking.

Good to know

🇦🇷 Lomas de Zamora

🇵🇦 Panama City

🕒 Local time

15:28 3:28 PM

13:28 1:28 PM

2 h behind Lomas de Zamora

🌤 Weather

👥 Population

616,279

1,086,990 Capital

💱 Currency

Argentine Peso ARS $

Panamanian Balboa PAB B/.

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

1 PAB = 1 USD

1 PAB = 0.889 EUR

Exchange rates and currency converter

PAB, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 17, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

Panamanian Balboa exchange rates as of October 17, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.889 EUR).

USD to ARS in detail →

On the map

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Highest

Between locations

Lomas de Zamora Panama City 5,350 km ≈ 7 h nonstop flight

From you

Lomas de Zamora
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

Lomas de Zamora vs Panama City: Cost of Living - Frequently Asked Questions

Lomas de Zamora and Panama City differ by about 52% in total monthly costs ($1,223 vs $1,855 including rent). Lomas de Zamora is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 20% lower in Panama City. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $517 in Lomas de Zamora versus $1,257 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Lomas de Zamora – a meal for two runs $54.0 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 $1,223 per month in Lomas de Zamora versus $1,855 in Panama City – a 52% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,223 in Lomas de Zamora versus $1,855 in Panama City, a $2,000 budget is realistic in Lomas de Zamora but tight or insufficient in Panama City. The gap between the two cities makes Lomas de Zamora 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, Lomas de Zamora 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 Lomas de Zamora gentler on the wallet – expenses run 52% less than in Panama City. Beyond cost, consider language, visa policies, and how big the international community is in each city.