Cost of Living Comparison Between Panama City and Bocastown, Isla Colon Cost of Living Comparison Between Panama City and Bocastown, Isla Colon

😐 Solo nomad: Panama City is 53.7% more expensive than Bocastown, Isla Colon without rent, and 51.7% more expensive with rent.

😐 Family of 3: Panama City is 53.3% more expensive than Bocastown, Isla Colon without rent, and 140.2% more expensive with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$7.07 PAB 7.07

43.99%

Three-Course Dinner for Two, Mid-Range

$49.36 PAB 49.36

$54.9 PAB 54.9

-10.14%

Fast Food Meal (McDonalds, etc)

$8.16 PAB 8.16

$7.85 PAB 7.85

3.95%

Cappuccino

$3.58 PAB 3.58

$3.42 PAB 3.42

4.68%

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

$1.66 PAB 1.66

$1.62 PAB 1.62

2.47%

Water (0.33 liter bottle)

$1.41 PAB 1.41

Local Beer (0.5 liter draught)

$3.08 PAB 3.08

$2.55 PAB 2.55

20.78%

Imported Beer (0.33 liter bottle)

$3.9 PAB 3.9

$4.07 PAB 4.07

-4.18%

Milk (1 liter)

$1.88 PAB 1.88

$2.05 PAB 2.05

-8.29%

White Bread (500g)

$2.56 PAB 2.56

$2.45 PAB 2.45

4.49%

Rice (white) (1kg)

$2.52 PAB 2.52

$2.56 PAB 2.56

-1.56%

Eggs

$2.95 PAB 2.95

$2.64 PAB 2.64

11.74%

Local Cheese (1kg)

$11.6 PAB 11.6

$17.28 PAB 17.28

-32.87%

Chicken Fillets (1kg)

$7.14 PAB 7.14

$6.68 PAB 6.68

6.89%

Beef Round Steak (1kg)

$9.92 PAB 9.92

$8.13 PAB 8.13

22.02%

Apples (1kg)

$3.42 PAB 3.42

$6.6 PAB 6.6

-48.18%

Banana (1kg)

$1.49 PAB 1.49

$1.47 PAB 1.47

1.36%

Oranges (1kg)

$2.73 PAB 2.73

Tomato (1kg)

$3.24 PAB 3.24

Potato (1kg)

$2.28 PAB 2.28

$2.22 PAB 2.22

2.70%

Onion (1kg)

$2.91 PAB 2.91

$1.61 PAB 1.61

80.75%

Lettuce (1 head)

$2.14 PAB 2.14

$1.78 PAB 1.78

20.22%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$1.56 PAB 1.56

0.64%

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 PAB 5.84

$4.78 PAB 4.78

22.18%

Wine (Bottle)

$9.91 PAB 9.91

$9.1 PAB 9.1

8.90%

Local Beer (0.5 liter bottle)

$1.3 PAB 1.3

$1.82 PAB 1.82

-28.57%

Imported Beer (0.33 liter bottle)

$2.32 PAB 2.32

$2.56 PAB 2.56

-9.38%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

$3.02 PAB 3.02

-41.72%

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

Gasoline (1 liter)

$0.89 PAB 0.89

$1.23 PAB 1.23

-27.64%

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

$19.9K PAB 19.9K

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

$20.5K PAB 20.5K

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

$124 PAB 124

$67.5 PAB 67.5

84.30%

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

$29.96 PAB 29.96

$27.25 PAB 27.25

9.94%

Internet (50+ Mbps, Unlimited Data)

$50.2 PAB 50.2

$41.22 PAB 41.22

21.66%

Gym Membership (Monthly)

$44.96 PAB 44.96

$35.36 PAB 35.36

27.15%

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

Cinema Ticket

$8.16 PAB 8.16

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

$471 PAB 471

International Primary School, 1 Child (Yearly)

$16K PAB 16K

Jeans (Levis 501 Or Similar)

$52 PAB 52

Summer Dress (H&M, Zara, etc)

$45.24 PAB 45.24

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

Men's Leather Business Shoes

$120 PAB 120

1-bedroom Apartment, City Center (Monthly)

$1,126 PAB 1,126

$837 PAB 837

34.54%

1-bedroom Apartment, Outside City Center (Monthly)

$890 PAB 890

$537 PAB 537

65.77%

3-bedroom Apartment, City Center (Monthly)

$2,013 PAB 2,013

3-bedroom Apartment, Outside City Center (Monthly)

$1,555 PAB 1,555

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

Average Monthly Net Salary (After Tax)

$975 PAB 975

$688 PAB 688

41.74%

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: October 29, 2025

Last update for Bocastown, Isla Colon: October 27, 2025

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