Cost of Living Comparison Between Panama City and Bocas del Toro Cost of Living Comparison Between Panama City and Bocas del Toro

😐 Solo nomad: Panama City is 72.3% more expensive than Bocas del Toro without rent, and 25.4% more expensive with rent.

😐 Family of 3: Panama City is 34.2% more expensive than Bocas del Toro without rent, and 42.6% more expensive with rent.

Meal at Budget Restaurant

$9.95 PAB 9.95

$9.32 PAB 9.32

6.76%

Three-Course Dinner for Two, Mid-Range

$49.92 PAB 49.92

$50.4 PAB 50.4

-0.87%

Fast Food Meal (McDonalds, etc)

$8.01 PAB 8.01

$10.02 PAB 10.02

-20.06%

Cappuccino

$3.66 PAB 3.66

$4.12 PAB 4.12

-11.17%

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

$1.72 PAB 1.72

$1.78 PAB 1.78

-3.37%

Water (0.33 liter bottle)

$1.38 PAB 1.38

$1.65 PAB 1.65

-16.36%

Local Beer (0.5 liter draught)

$2.92 PAB 2.92

$1.98 PAB 1.98

47.47%

Imported Beer (0.33 liter bottle)

$4.08 PAB 4.08

$4.01 PAB 4.01

1.75%

Milk (1 liter)

$1.91 PAB 1.91

White Bread (500g)

$2.46 PAB 2.46

$3.75 PAB 3.75

-34.40%

Rice (white) (1kg)

$2.41 PAB 2.41

Eggs

$2.82 PAB 2.82

$2.64 PAB 2.64

6.82%

Local Cheese (1kg)

$11.49 PAB 11.49

$16.99 PAB 16.99

-32.37%

Chicken Fillets (1kg)

$7.24 PAB 7.24

$8.70 PAB 8.70

-16.78%

Beef Round Steak (1kg)

$9.90 PAB 9.90

$8.24 PAB 8.24

20.15%

Apples (1kg)

$3.38 PAB 3.38

$4.61 PAB 4.61

-26.68%

Banana (1kg)

$1.48 PAB 1.48

$1.54 PAB 1.54

-3.90%

Oranges (1kg)

$2.87 PAB 2.87

Tomato (1kg)

$3.23 PAB 3.23

$5.03 PAB 5.03

-35.79%

Potato (1kg)

$2.30 PAB 2.30

$3.34 PAB 3.34

-31.14%

Onion (1kg)

$2.89 PAB 2.89

Lettuce (1 head)

$2.22 PAB 2.22

Water (1.5 liter bottle)

$1.59 PAB 1.59

$1.60 PAB 1.60

-0.63%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 PAB 6.09

Wine (Bottle)

$9.83 PAB 9.83

Local Beer (0.5 liter bottle)

$1.26 PAB 1.26

$2.89 PAB 2.89

-56.40%

Imported Beer (0.33 liter bottle)

$2.46 PAB 2.46

$2.47 PAB 2.47

-0.40%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

Public Transport Monthly Pass (Regular Price)

$22.67 PAB 22.67

Taxi Start (Normal Tariff)

$2.56 PAB 2.56

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

Taxi 1hour Waiting (Normal Tariff)

$22.26 PAB 22.26

Gasoline (1 liter)

$0.93 PAB 0.93

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

$19.5K PAB 19.5K

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

$20.2K PAB 20.2K

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

$125 PAB 125

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

$30.03 PAB 30.03

$29.91 PAB 29.91

0.40%

Internet (50+ Mbps, Unlimited Data)

$48.56 PAB 48.56

$35.19 PAB 35.19

37.99%

Gym Membership (Monthly)

$46.20 PAB 46.20

Tennis Court (1 Hour on Weekend)

$32.29 PAB 32.29

Cinema Ticket

$7.96 PAB 7.96

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

$474 PAB 474

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

Jeans (Levis 501 Or Similar)

$51.9 PAB 51.9

Summer Dress (H&M, Zara, etc)

$46.99 PAB 46.99

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

Men's Leather Business Shoes

$120 PAB 120

1-bedroom Apartment, City Center (Monthly)

$1,146 PAB 1,146

$762 PAB 762

50.35%

1-bedroom Apartment, Outside City Center (Monthly)

$884 PAB 884

$883 PAB 883

0.05%

3-bedroom Apartment, City Center (Monthly)

$2,014 PAB 2,014

$1,189 PAB 1,189

69.41%

3-bedroom Apartment, Outside City Center (Monthly)

$1,586 PAB 1,586

$1,201 PAB 1,201

32.07%

Buy Apartment in City Center (m2)

$3,112 PAB 3,112

Buy Apartment Outside City Center (m2)

$1,734 PAB 1,734

Average Monthly Net Salary (After Tax)

$873 PAB 873

$701 PAB 701

24.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

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

Last update for Panama City: January 12, 2026

Last update for Bocas del Toro: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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