Last update: Oct 2026

Cost of Living Comparison Between Panama City and Balneario Camboriu

For one person, living is cheaper in Balneario Camboriu: $963 a month against $1,855 in Panama City, rent and utilities included – about $10,700 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
47

Cost of Living Index in Balneario Camboriu
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Balneario Camboriu Living Index

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Panama City

🇵🇦 Panama

$1,855

/mo nomad

Balneario Camboriu

🇧🇷 Brazil

$963

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Balneario Camboriu

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 Balneario Camboriu actually costs, broken down by who's living it.

A single person spends $1,855 per month in Panama City vs $963 in Balneario Camboriu, rent included.

Panama City $1,855
Balneario Camboriu $963

A couple spends around $2,804 per month in Panama City vs $1,607 in Balneario Camboriu, rent included.

Panama City $2,804
Balneario Camboriu $1,607

A family of three spends $3,753 per month in Panama City vs $2,251 in Balneario Camboriu, rent included.

Panama City $3,753
Balneario Camboriu $2,251

Panama City costs about 93% more than Balneario Camboriu, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while Balneario Camboriu is 29% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.63 PAB 11.63

$6.84 R$34.33

70.03%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$39.90 R$200

20.10%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$7.74 R$38.81

2.84%

Cappuccino

$4.22 PAB 4.22

$2.44 R$12.23

72.95%

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

$2.01 PAB 2.01

$1.19 R$5.98

68.91%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$0.95 R$4.76

64.21%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$1.98 R$9.92

71.21%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$2.38 R$11.94

65.55%

Milk (1 liter)

$1.85 PAB 1.85

$1.02 R$5.11

81.37%

White Bread (500g)

$2.56 PAB 2.56

$1.56 R$7.83

64.10%

Rice (white) (1kg)

$3.48 PAB 3.48

$0.98 R$4.91

255.10%

Eggs

$2.69 PAB 2.69

$2.12 R$10.63

26.89%

Local Cheese (1kg)

$12.57 PAB 12.57

$8.55 R$42.89

47.02%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$4.58 R$22.98

49.13%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$7.54 R$37.81

40.32%

Apples (1kg)

$4.18 PAB 4.18

$1.80 R$9.05

132.22%

Banana (1kg)

$1.83 PAB 1.83

$1.03 R$5.15

77.67%

Oranges (1kg)

$4.20 PAB 4.20

$1.03 R$5.17

307.77%

Tomato (1kg)

$4.03 PAB 4.03

$1.40 R$7.01

187.86%

Potato (1kg)

$3.48 PAB 3.48

$0.83 R$4.16

319.28%

Onion (1kg)

$4.22 PAB 4.22

$0.58 R$2.92

627.59%

Lettuce (1 head)

$2.41 PAB 2.41

$0.74 R$3.72

225.68%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$0.76 R$3.83

122.37%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$3.10 R$15.54

98.06%

Wine (Bottle)

$11.30 PAB 11.30

$7.61 R$38.16

48.49%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$1.10 R$5.52

29.09%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$1.89 R$9.48

44.44%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$0.98 R$4.89

-66.33%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

$11.99 R$60.2

77.06%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$1.27 R$6.37

98.43%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$0.83 R$4.16

124.10%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$5.90 R$29.62

269.15%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.33 R$6.67

-6.02%

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

$21.2K PAB 21.2K

$24.0K R$120.7K

-11.68%

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

$21.0K PAB 21.0K

$33.6K R$168.7K

-37.46%

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

$130 PAB 130

$98.0 R$492

32.46%

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

$28.13 PAB 28.13

$11.20 R$56.2

151.16%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$20.84 R$105

131.33%

Gym Membership (Monthly)

$45.78 PAB 45.78

$37.21 R$187

23.03%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

$15.80 R$79.3

121.01%

Cinema Ticket

$8.67 PAB 8.67

$7.43 R$37.26

16.69%

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

$544 PAB 544

$286 R$1,436

90.21%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$5,247 R$26.3K

84.80%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$56.2 R$282

18.75%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$56.8 R$285

-13.53%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$96.9 R$486

-3.17%

Men's Leather Business Shoes

$112 PAB 112

$82.5 R$414

35.18%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$452 R$2,269

177.96%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$322 R$1,615

171.78%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$1,907 R$9,568

13.02%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$791 R$3,971

97.58%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$3,624 R$18.2K

-13.84%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$2,452 R$12.3K

-30.28%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$503 R$2,525

82.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

10.68

-40.17%

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

Last update for Panama City: October 10, 2026

Last update for Balneario Camboriu: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Balneario Camboriu

$322 33.4% 63.2% $553

Groceries & Markets

Panama City

$325 17.5%

Balneario Camboriu

$176 18.3% 45.9% $149

Eating Out

Panama City

$207 11.1%

Balneario Camboriu

$130 13.5% 36.9% $76

Monthly Utilities & Internet

Panama City

$206 11.1%

Balneario Camboriu

$130 13.5% 36.9% $76

Clothing & Footwear

Panama City

$145 7.8%

Balneario Camboriu

$132 13.7% 9% $13

Sport & Entertainment

Panama City

$63 3.4%

Balneario Camboriu

$52 5.4% 17.5% $11

Getting Around

Panama City

$34 1.9%

Balneario Camboriu

$21 2.2% 38.1% $13

Cost Breakdown

A central one-bedroom costs $1,257 in Panama City versus $452 in Balneario Camboriu. 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 82% 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 $40.00 in Balneario Camboriu. Monthly groceries follow the same trend: $325 vs $176 – making Balneario Camboriu the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇧🇷 Balneario Camboriu

🕒 Local time

08:47 8:47 AM

10:47 10:47 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

139,155

💱 Currency

Panamanian Balboa PAB B/.

Brazilian Real BRL R$

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.893 EUR

1 BRL = 0.199 USD

1 BRL = 0.178 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 14, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.893 EUR).

Brazilian Real exchange rates as of October 14, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.62 BRL (1 BRL = 0.178 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Balneario Camboriu 5,200 km ≈ 7 h nonstop flight

From you

Panama City
Balneario Camboriu

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 Balneario Camboriu: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,855 in Panama City, $963 in Balneario Camboriu – roughly 93% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,783 per month in Panama City and $1,445 in Balneario Camboriu. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Balneario Camboriu, 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 $963 in Balneario Camboriu. That's a gap of about 93%.

Public transport costs about 77% less in Balneario Camboriu. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Balneario Camboriu, where all-in costs run around $963, than in Panama City at $1,855. In Balneario Camboriu it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $963 in Balneario Camboriu to $1,855 in Panama City. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Balneario Camboriu. 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.