Last update: Oct 2026

Cost of Living Comparison Between Panama City and Angra dos Reis

For one person, living is cheaper in Angra dos Reis: $897 a month against $1,855 in Panama City, rent and utilities included – about $11,500 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
Learn more

Panama City Living Index
43

Cost of Living Index in Angra dos Reis
Learn more

Angra dos Reis Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Angra dos Reis

🇧🇷 Brazil

$897

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Angra dos Reis

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

A single person spends $1,855 per month in Panama City vs $897 in Angra dos Reis, rent included.

Panama City $1,855
Angra dos Reis $897

A couple spends around $2,804 per month in Panama City vs $1,428 in Angra dos Reis, rent included.

Panama City $2,804
Angra dos Reis $1,428

A family of three spends $3,753 per month in Panama City vs $1,960 in Angra dos Reis, rent included.

Panama City $3,753
Angra dos Reis $1,960

Panama City costs about 107% more than Angra dos Reis, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while Angra dos Reis is 34% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.63 PAB 11.63

$7.20 R$36.50

61.53%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$34.15 R$173

40.32%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$5.58 R$28.30

42.65%

Cappuccino

$4.22 PAB 4.22

$1.62 R$8.20

160.49%

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

$2.01 PAB 2.01

$1.61 R$8.18

24.84%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$1.08 R$5.49

44.44%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$2.52 R$12.79

34.52%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$4.34 R$21.98

-9.22%

Milk (1 liter)

$1.85 PAB 1.85

$1.19 R$6.06

55.46%

White Bread (500g)

$2.56 PAB 2.56

$2.06 R$10.47

24.27%

Rice (white) (1kg)

$3.48 PAB 3.48

$1.20 R$6.09

190.00%

Eggs

$2.69 PAB 2.69

$2.72 R$13.77

-1.10%

Local Cheese (1kg)

$12.57 PAB 12.57

$9.06 R$45.90

38.74%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$4.51 R$22.84

51.44%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$10.78 R$54.7

-1.86%

Apples (1kg)

$4.18 PAB 4.18

$2.84 R$14.40

47.18%

Banana (1kg)

$1.83 PAB 1.83

$1.82 R$9.22

0.55%

Oranges (1kg)

$4.20 PAB 4.20

$1.78 R$9.03

135.96%

Tomato (1kg)

$4.03 PAB 4.03

$1.80 R$9.15

123.89%

Potato (1kg)

$3.48 PAB 3.48

$1.42 R$7.18

145.07%

Onion (1kg)

$4.22 PAB 4.22

$1.41 R$7.16

199.29%

Lettuce (1 head)

$2.41 PAB 2.41

$0.96 R$4.85

151.04%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$0.80 R$4.04

111.25%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$2.88 R$14.58

113.19%

Wine (Bottle)

$11.30 PAB 11.30

$8.84 R$44.80

27.83%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$1.72 R$8.72

-17.44%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$4.41 R$22.34

-38.10%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$1.00 R$5.09

-67.00%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

$49.29 R$250

-56.93%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$1.28 R$6.46

96.88%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$1.39 R$7.04

33.81%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$9.56 R$48.44

127.82%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.25 R$6.34

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

$21.2K PAB 21.2K

$22.8K R$115.4K

-6.72%

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

$21.0K PAB 21.0K

$33.7K R$171.0K

-37.66%

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

$130 PAB 130

$43.82 R$222

196.30%

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

$28.13 PAB 28.13

$14.27 R$72.3

97.13%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$18.72 R$94.9

157.53%

Gym Membership (Monthly)

$45.78 PAB 45.78

$21.62 R$110

111.75%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

$31.27 R$159

11.67%

Cinema Ticket

$8.67 PAB 8.67

$7.95 R$40.32

9.06%

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

$544 PAB 544

$438 R$2,222

24.15%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$7,647 R$38.8K

26.81%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$56.8 R$288

17.60%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$39.48 R$200

24.47%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$95.9 R$486

-2.13%

Men's Leather Business Shoes

$112 PAB 112

$85.6 R$434

30.32%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$311 R$1,578

303.90%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$243 R$1,232

260.00%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$671 R$3,404

220.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$415 R$2,102

277.21%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$1,717 R$8,704

81.84%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$1,193 R$6,046

43.31%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$364 R$1,843

151.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

10.16

-37.11%

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

Last update for Panama City: October 10, 2026

Last update for Angra dos Reis: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Angra dos Reis

$243 27.1% 72.2% $632

Groceries & Markets

Panama City

$325 17.5%

Angra dos Reis

$227 25.3% 30.1% $98

Eating Out

Panama City

$207 11.1%

Angra dos Reis

$126 14% 39.1% $81

Monthly Utilities & Internet

Panama City

$206 11.1%

Angra dos Reis

$77 8.6% 62.7% $129

Clothing & Footwear

Panama City

$145 7.8%

Angra dos Reis

$125 13.9% 13.6% $20

Sport & Entertainment

Panama City

$63 3.4%

Angra dos Reis

$38 4.2% 40.5% $26

Getting Around

Panama City

$34 1.9%

Angra dos Reis

$62 6.9% 78.9% $27

Cost Breakdown

A central one-bedroom costs $1,257 in Panama City versus $311 in Angra dos Reis. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 152% higher in Panama City, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Panama City versus $34.00 in Angra dos Reis. Monthly groceries follow the same trend: $325 vs $227 – making Angra dos Reis the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇧🇷 Angra dos Reis

🕒 Local time

03:37 3:37 AM

05:37 5:37 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

167,434

💱 Currency

Panamanian Balboa PAB B/.

Brazilian Real BRL R$

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

Exchange rates and currency converter

BRL, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

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).

Brazilian Real exchange rates as of October 18, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Angra dos Reis 5,240 km ≈ 7 h nonstop flight

From you

Panama City
Angra dos Reis

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

Panama City vs Angra dos Reis: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 107%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,783 per month in Panama City and $1,345 in Angra dos Reis. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Angra dos Reis, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,855 in Panama City and $897 in Angra dos Reis. That's a gap of about 107%.

Public transport costs about 132% less in Angra dos Reis. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Angra dos Reis, where all-in costs run around $897, than in Panama City at $1,855. In Angra dos Reis it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Angra dos Reis – 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 Angra dos Reis. 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.