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 25.2% more expensive than Bocastown, Isla Colon without rent, and 59.5% more expensive with rent.

😐 Family of 3: Panama City is 20.5% more expensive than Bocastown, Isla Colon without rent, and 141.7% more expensive with rent.

Meal at Budget Restaurant

$9.95 PAB 9.95

$7.17 PAB 7.17

38.77%

Three-Course Dinner for Two, Mid-Range

$49.92 PAB 49.92

$54.5 PAB 54.5

-8.35%

Fast Food Meal (McDonalds, etc)

$8.01 PAB 8.01

$8.21 PAB 8.21

-2.44%

Cappuccino

$3.66 PAB 3.66

$3.58 PAB 3.58

2.23%

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

$1.72 PAB 1.72

$1.62 PAB 1.62

6.17%

Water (0.33 liter bottle)

$1.38 PAB 1.38

$1.37 PAB 1.37

0.73%

Local Beer (0.5 liter draught)

$2.92 PAB 2.92

$2.43 PAB 2.43

20.16%

Imported Beer (0.33 liter bottle)

$4.08 PAB 4.08

$3.98 PAB 3.98

2.51%

Milk (1 liter)

$1.91 PAB 1.91

$2.05 PAB 2.05

-6.83%

White Bread (500g)

$2.46 PAB 2.46

$2.44 PAB 2.44

0.82%

Rice (white) (1kg)

$2.41 PAB 2.41

$2.52 PAB 2.52

-4.37%

Eggs

$2.82 PAB 2.82

$2.74 PAB 2.74

2.92%

Local Cheese (1kg)

$11.49 PAB 11.49

$17.27 PAB 17.27

-33.47%

Chicken Fillets (1kg)

$7.24 PAB 7.24

$6.66 PAB 6.66

8.71%

Beef Round Steak (1kg)

$9.90 PAB 9.90

$8.42 PAB 8.42

17.58%

Apples (1kg)

$3.38 PAB 3.38

$6.68 PAB 6.68

-49.40%

Banana (1kg)

$1.48 PAB 1.48

$1.39 PAB 1.39

6.47%

Oranges (1kg)

$2.87 PAB 2.87

Tomato (1kg)

$3.23 PAB 3.23

Potato (1kg)

$2.30 PAB 2.30

$2.25 PAB 2.25

2.22%

Onion (1kg)

$2.89 PAB 2.89

$1.61 PAB 1.61

79.50%

Lettuce (1 head)

$2.22 PAB 2.22

$1.78 PAB 1.78

24.72%

Water (1.5 liter bottle)

$1.59 PAB 1.59

$1.52 PAB 1.52

4.61%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 PAB 6.09

$4.77 PAB 4.77

27.67%

Wine (Bottle)

$9.83 PAB 9.83

$8.87 PAB 8.87

10.82%

Local Beer (0.5 liter bottle)

$1.26 PAB 1.26

$1.82 PAB 1.82

-30.77%

Imported Beer (0.33 liter bottle)

$2.46 PAB 2.46

$2.49 PAB 2.49

-1.20%

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

$3.05 PAB 3.05

-41.64%

Taxi 1hour Waiting (Normal Tariff)

$22.26 PAB 22.26

Gasoline (1 liter)

$0.93 PAB 0.93

$1.19 PAB 1.19

-21.85%

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

$65.1 PAB 65.1

91.48%

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

$30.03 PAB 30.03

$27.37 PAB 27.37

9.72%

Internet (50+ Mbps, Unlimited Data)

$48.56 PAB 48.56

$40.39 PAB 40.39

20.23%

Gym Membership (Monthly)

$46.20 PAB 46.20

$35.56 PAB 35.56

29.92%

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

$854 PAB 854

34.18%

1-bedroom Apartment, Outside City Center (Monthly)

$884 PAB 884

$526 PAB 526

68.10%

3-bedroom Apartment, City Center (Monthly)

$2,014 PAB 2,014

3-bedroom Apartment, Outside City Center (Monthly)

$1,586 PAB 1,586

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

$680 PAB 680

28.52%

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 Bocastown, Isla Colon: January 12, 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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