Last update: Oct 2026

Cost of Living Comparison Between Panama City and Argentina

Name: Argentina
Address: AR

For one person, living is cheaper in Argentina: $1,340 a month against $1,837 in Panama City, rent and utilities included – about $6,000 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
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Panama City Living Index
66

Cost of Living Index in Argentina
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Argentina Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,837

/mo nomad

🇦🇷 Argentina

$1,340

/mo nomad

😐 Solo nomad: Panama City is 2.8% more expensive than Argentina without rent, and 37.1% more expensive with rent.

😐 Family of 3: Panama City is 1% more expensive than Argentina without rent, and 24.4% more expensive with rent.

Meal at Budget Restaurant

$11.34 PAB 11.34

$14.41 ARS 21.9K

-21.30%

Three-Course Dinner for Two, Mid-Range

$47.85 PAB 47.85

$54.1 ARS 82.0K

-11.49%

Fast Food Meal (McDonalds, etc)

$8.07 PAB 8.07

$13.04 ARS 19.8K

-38.11%

Cappuccino

$4.02 PAB 4.02

$3.51 ARS 5,325

14.53%

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

$1.94 PAB 1.94

$2.18 ARS 3,305

-11.01%

Water (0.33 liter bottle)

$1.62 PAB 1.62

$1.60 ARS 2,424

1.25%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$3.68 ARS 5,587

-11.41%

Imported Beer (0.33 liter bottle)

$3.99 PAB 3.99

$4.04 ARS 6,133

-1.24%

Milk (1 liter)

$1.83 PAB 1.83

$1.36 ARS 2,062

34.56%

White Bread (500g)

$2.57 PAB 2.57

$2.31 ARS 3,505

11.26%

Rice (white) (1kg)

$3.33 PAB 3.33

$1.82 ARS 2,760

82.97%

Eggs

$2.69 PAB 2.69

$2.64 ARS 3,999

1.89%

Local Cheese (1kg)

$12.33 PAB 12.33

$10.22 ARS 15.5K

20.65%

Chicken Fillets (1kg)

$6.69 PAB 6.69

$8.49 ARS 12.9K

-21.20%

Beef Round Steak (1kg)

$10.40 PAB 10.40

$11.71 ARS 17.8K

-11.19%

Apples (1kg)

$4.16 PAB 4.16

$2.51 ARS 3,809

65.74%

Banana (1kg)

$1.84 PAB 1.84

$2.08 ARS 3,155

-11.54%

Oranges (1kg)

$4.18 PAB 4.18

$1.39 ARS 2,112

200.72%

Tomato (1kg)

$4.08 PAB 4.08

$2.32 ARS 3,524

75.86%

Potato (1kg)

$3.50 PAB 3.50

$1.15 ARS 1,738

204.35%

Onion (1kg)

$4.37 PAB 4.37

$1.10 ARS 1,665

297.27%

Lettuce (1 head)

$2.34 PAB 2.34

$1.54 ARS 2,339

51.95%

Water (1.5 liter bottle)

$1.75 PAB 1.75

$1.58 ARS 2,390

10.76%

Cigarettes 20 Pack (Marlboro, Camel)

$6.06 PAB 6.06

$3.95 ARS 5,988

53.42%

Wine (Bottle)

$11.72 PAB 11.72

$5.02 ARS 7,616

133.47%

Local Beer (0.5 liter bottle)

$1.37 PAB 1.37

$1.90 ARS 2,882

-27.89%

Imported Beer (0.33 liter bottle)

$2.84 PAB 2.84

$2.94 ARS 4,455

-3.40%

One-way Ticket (Public Transport)

$0.36 PAB 0.36

$1.03 ARS 1,557

-65.05%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

$28.86 ARS 43.8K

-27.37%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$1.63 ARS 2,467

54.60%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$0.99 ARS 1,500

80.81%

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

$7.51 ARS 11.4K

193.08%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.22 ARS 1,851

2.46%

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

$21.5K PAB 21.5K

$26.9K ARS 40.7M

-19.83%

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

$21.2K PAB 21.2K

$33.0K ARS 50.0M

-35.71%

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

$131 PAB 131

$145 ARS 219.8K

-9.48%

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

$27.68 PAB 27.68

$17.76 ARS 26.9K

55.86%

Internet (50+ Mbps, Unlimited Data)

$48.59 PAB 48.59

$26.56 ARS 40.3K

82.94%

Gym Membership (Monthly)

$46.11 PAB 46.11

$35.19 ARS 53.4K

31.03%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

$18.46 ARS 28.0K

89.65%

Cinema Ticket

$8.73 PAB 8.73

$9.89 ARS 15.0K

-11.73%

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

$551 PAB 551

$336 ARS 509.7K

63.83%

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

$6,222 ARS 9.4M

53.64%

Jeans (Levis 501 Or Similar)

$67.6 PAB 67.6

$111 ARS 167.7K

-38.84%

Summer Dress (H&M, Zara, etc)

$48.03 PAB 48.03

$86.7 ARS 131.4K

-44.57%

Sport Shoes (Adidas, Nike)

$94.9 PAB 94.9

$121 ARS 184.1K

-21.82%

Men's Leather Business Shoes

$113 PAB 113

$120 ARS 181.8K

-5.81%

1-bedroom Apartment, City Center (Monthly)

$1,238 PAB 1,238

$550 ARS 833.5K

125.18%

1-bedroom Apartment, Outside City Center (Monthly)

$873 PAB 873

$371 ARS 562.6K

135.35%

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

$1,071 ARS 1.6M

105.07%

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

$818 ARS 1.2M

88.16%

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

$2,245 ARS 3.4M

38.79%

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

$1,477 ARS 2.2M

16.76%

Average Monthly Net Salary (After Tax)

$934 PAB 934

$783 ARS 1.2M

19.39%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

58.21

-89.02%

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

Last update for Panama City: October 3, 2026

Last update for Argentina: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$873 47.2%

Argentina

$371 27.5% 57.5% $502

Groceries & Markets

Panama City

$324 17.5%

Argentina

$261 19.3% 19.5% $63

Monthly Utilities & Internet

Panama City

$207 11.2%

Argentina

$189 14% 8.8% $18

Eating Out

Panama City

$202 10.9%

Argentina

$238 17.6% 18.1% $37

Clothing & Footwear

Panama City

$146 7.9%

Argentina

$197 14.6% 35.6% $52

Sport & Entertainment

Panama City

$64 3.4%

Argentina

$55 4.1% 13.5% $8.6

Getting Around

Panama City

$34 1.8%

Argentina

$40 2.9% 16.7% $5.7

Good to know

🇵🇦 Panama City

🇦🇷 Argentina

🕒 Local time

07:23 7:23 AM

09:23 9:23 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

47,327,407

💱 Currency

Panamanian Balboa PAB B/.

Argentine Peso ARS $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

10,000 ARS = 6.59 USD

10,000 ARS = 5.88 EUR

Exchange rates and currency converter

ARS, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

Argentine Peso exchange rates as of October 10, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,699 ARS (10,000 ARS = 5.88 EUR).

USD to PAB in detail →

On the map

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Between locations

Panama City Argentina 5,330 km ≈ 7 h nonstop flight

From you

Panama City
Argentina

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 other spots: cost of living compared

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