Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Las Tablas

For one person, living is cheaper in Las Tablas: $458 a month against $4,950 in New York, NY, rent and utilities included – about $53,900 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in New York, NY
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New York, NY Living Index

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New York, NY

🇺🇸 United States

$4,950

/mo nomad

Las Tablas

🇵🇦 Panama

$458

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Las Tablas

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in New York, NY and in Las Tablas actually costs, broken down by who's living it.

A single person spends $4,950 per month in New York, NY vs $458 in Las Tablas, rent included.

New York, NY $4,950
Las Tablas $458

A couple spends around $7,265 per month in New York, NY vs $680 in Las Tablas, rent included.

New York, NY $7,265
Las Tablas $680

A family of three spends $9,581 per month in New York, NY vs $902 in Las Tablas, rent included.

New York, NY $9,581
Las Tablas $902

New York, NY costs about 981% more than Las Tablas, and outside of rent the biggest gap is in groceries.

New York, NY sits 267% above the global median, while Las Tablas is 66% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$24.65 $24.65

$9.99 PAB 9.99

146.75%

Three-Course Dinner for Two, Mid-Range

$122 $122

$29.72 PAB 29.72

308.95%

Fast Food Meal (McDonalds, etc)

$13.91 $13.91

$8.34 PAB 8.34

66.79%

Cappuccino

$6.59 $6.59

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

$3.84 $3.84

$0.99 PAB 0.99

287.88%

Water (0.33 liter bottle)

$2.87 $2.87

$1.03 PAB 1.03

178.64%

Local Beer (0.5 liter draught)

$7.79 $7.79

$1.24 PAB 1.24

528.23%

Imported Beer (0.33 liter bottle)

$9.85 $9.85

$2.69 PAB 2.69

266.17%

Milk (1 liter)

$1.38 $1.38

White Bread (500g)

$4.68 $4.68

$1.93 PAB 1.93

142.49%

Rice (white) (1kg)

$7.54 $7.54

Eggs

$5.93 $5.93

$2.11 PAB 2.11

181.04%

Local Cheese (1kg)

$18.83 $18.83

Chicken Fillets (1kg)

$17.36 $17.36

Beef Round Steak (1kg)

$18.51 $18.51

Apples (1kg)

$6.74 $6.74

$4.34 PAB 4.34

55.30%

Banana (1kg)

$2.09 $2.09

$1.26 PAB 1.26

65.87%

Oranges (1kg)

$6.07 $6.07

Tomato (1kg)

$6.74 $6.74

$1.55 PAB 1.55

334.84%

Potato (1kg)

$4.05 $4.05

Onion (1kg)

$4.37 $4.37

Lettuce (1 head)

$2.89 $2.89

$1.24 PAB 1.24

133.06%

Water (1.5 liter bottle)

$2.60 $2.60

$1.03 PAB 1.03

152.43%

Cigarettes 20 Pack (Marlboro, Camel)

$18.72 $18.72

Wine (Bottle)

$20.06 $20.06

$5.68 PAB 5.68

253.17%

Local Beer (0.5 liter bottle)

$3.25 $3.25

$1.31 PAB 1.31

148.09%

Imported Beer (0.33 liter bottle)

$3.73 $3.73

$1.72 PAB 1.72

116.86%

One-way Ticket (Public Transport)

$3.06 $3.06

Public Transport Monthly Pass (Regular Price)

$140 $140

Taxi Start (Normal Tariff)

$3.04 $3.04

$0.99 PAB 0.99

207.07%

Taxi (Normal Tariff) (1km)

$2.15 $2.15

Taxi 1hour Waiting (Normal Tariff)

$41.82 $41.82

Gasoline (1 liter)

$1.12 $1.12

$0.89 PAB 0.89

25.84%

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

$35.5K $35.5K

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

$26.0K $26.0K

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

$219 $219

$149 PAB 149

47.07%

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

$73.2 $73.2

$22.86 PAB 22.86

220.17%

Internet (50+ Mbps, Unlimited Data)

$72.0 $72.0

$37.04 PAB 37.04

94.36%

Gym Membership (Monthly)

$123 $123

$19.94 PAB 19.94

515.30%

Tennis Court (1 Hour on Weekend)

$67.7 $67.7

Cinema Ticket

$22.85 $22.85

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

$3,333 $3,333

International Primary School, 1 Child (Yearly)

$60.0K $60.0K

Jeans (Levis 501 Or Similar)

$75.2 $75.2

Summer Dress (H&M, Zara, etc)

$52.4 $52.4

Sport Shoes (Adidas, Nike)

$122 $122

Men's Leather Business Shoes

$133 $133

1-bedroom Apartment, City Center (Monthly)

$4,389 $4,389

1-bedroom Apartment, Outside City Center (Monthly)

$3,130 $3,130

3-bedroom Apartment, City Center (Monthly)

$8,918 $8,918

3-bedroom Apartment, Outside City Center (Monthly)

$5,354 $5,354

Buy Apartment in City Center (m2)

$19.4K $19.4K

Buy Apartment Outside City Center (m2)

$6,806 $6,806

Average Monthly Net Salary (After Tax)

$5,343 $5,343

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

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

Last update for New York, NY: October 13, 2026

Last update for Las Tablas: October 12, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.1K 63.2%

Las Tablas

–

Groceries & Markets

New York, NY

$545 11%

Las Tablas

–

Eating Out

New York, NY

$404 8.2%

Las Tablas

–

Monthly Utilities & Internet

New York, NY

$364 7.4%

Las Tablas

–

Clothing & Footwear

New York, NY

$172 3.5%

Las Tablas

–

Sport & Entertainment

New York, NY

$168 3.4%

Las Tablas

–

Getting Around

New York, NY

$167 3.4%

Las Tablas

–

Cost Breakdown

A mid-range dinner for two costs $122 in New York, NY versus $30.00 in Las Tablas. Monthly groceries follow the same trend: $545 vs $103 – making Las Tablas the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇵🇦 Las Tablas

🕒 Local time

09:29 9:29 AM

08:29 8:29 AM

1 h behind New York, NY

🌤 Weather

👥 Population

8,804,190

8,939

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

🇵🇦 Panamanian Balboa (B/.)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Panamanian Balboa exchange rates as of October 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

PAB to USD in detail →

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New York, NY Las Tablas 3,700 km ≈ 5 h nonstop flight

From you

New York, NY
Las Tablas

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

New York, NY vs Las Tablas: Cost of Living - Frequently Asked Questions

New York, NY costs about 981% more than Las Tablas, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $7,424 per month in New York, NY and $687 in Las Tablas. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $4,950 in New York, NY and $458 in Las Tablas. That's a gap of about 981%.

Groceries cost about 427% more in New York, NY, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Las Tablas, where all-in costs run around $458, than in New York, NY at $4,950. In Las Tablas it covers expenses comfortably, while in New York, NY it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Las Tablas costs $458 versus $4,950 in New York, NY. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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