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 51.4% more expensive than Bocastown, Isla Colon without rent, and 57.6% more expensive with rent.

😐 Family of 3: Panama City is 50.4% more expensive than Bocastown, Isla Colon without rent, and 141.6% more expensive with rent.

Meal at Budget Restaurant

$10.13 PAB 10.13

$6.85 PAB 6.85

47.88%

Three-Course Dinner for Two, Mid-Range

$50.2 PAB 50.2

$54.3 PAB 54.3

-7.55%

Fast Food Meal (McDonalds, etc)

$8.19 PAB 8.19

$7.89 PAB 7.89

3.80%

Cappuccino

$3.63 PAB 3.63

$3.58 PAB 3.58

1.40%

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

$1.68 PAB 1.68

$1.54 PAB 1.54

9.09%

Water (0.33 liter bottle)

$1.39 PAB 1.39

$1.40 PAB 1.40

-0.71%

Local Beer (0.5 liter draught)

$2.99 PAB 2.99

$2.52 PAB 2.52

18.65%

Imported Beer (0.33 liter bottle)

$3.89 PAB 3.89

$4.10 PAB 4.10

-5.12%

Milk (1 liter)

$1.82 PAB 1.82

$1.96 PAB 1.96

-7.14%

White Bread (500g)

$2.47 PAB 2.47

$2.53 PAB 2.53

-2.37%

Rice (white) (1kg)

$2.40 PAB 2.40

$2.43 PAB 2.43

-1.23%

Eggs

$2.82 PAB 2.82

$2.78 PAB 2.78

1.44%

Local Cheese (1kg)

$11.46 PAB 11.46

$17.45 PAB 17.45

-34.33%

Chicken Fillets (1kg)

$7.36 PAB 7.36

$6.72 PAB 6.72

9.52%

Beef Round Steak (1kg)

$9.81 PAB 9.81

$8.15 PAB 8.15

20.37%

Apples (1kg)

$3.38 PAB 3.38

$6.35 PAB 6.35

-46.77%

Banana (1kg)

$1.47 PAB 1.47

Oranges (1kg)

$2.83 PAB 2.83

Tomato (1kg)

$3.09 PAB 3.09

Potato (1kg)

$2.24 PAB 2.24

$2.22 PAB 2.22

0.90%

Onion (1kg)

$2.77 PAB 2.77

$1.64 PAB 1.64

68.90%

Lettuce (1 head)

$2.13 PAB 2.13

$1.76 PAB 1.76

21.02%

Water (1.5 liter bottle)

$1.54 PAB 1.54

$1.59 PAB 1.59

-3.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.03 PAB 6.03

$4.83 PAB 4.83

24.84%

Wine (Bottle)

$10.98 PAB 10.98

$9.26 PAB 9.26

18.57%

Local Beer (0.5 liter bottle)

$1.28 PAB 1.28

$1.88 PAB 1.88

-31.91%

Imported Beer (0.33 liter bottle)

$2.40 PAB 2.40

$2.46 PAB 2.46

-2.44%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

Public Transport Monthly Pass (Regular Price)

$22.68 PAB 22.68

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

Taxi (Normal Tariff) (1km)

$1.83 PAB 1.83

$2.97 PAB 2.97

-38.38%

Taxi 1hour Waiting (Normal Tariff)

$21.82 PAB 21.82

Gasoline (1 liter)

$0.87 PAB 0.87

$1.23 PAB 1.23

-29.27%

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

$19.7K PAB 19.7K

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

$20.8K PAB 20.8K

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

$121 PAB 121

$67.4 PAB 67.4

79.16%

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

$30.37 PAB 30.37

$26.83 PAB 26.83

13.19%

Internet (50+ Mbps, Unlimited Data)

$48.88 PAB 48.88

$40.30 PAB 40.30

21.29%

Gym Membership (Monthly)

$45.39 PAB 45.39

$34.39 PAB 34.39

31.99%

Tennis Court (1 Hour on Weekend)

$32.72 PAB 32.72

Cinema Ticket

$8.08 PAB 8.08

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

$470 PAB 470

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

Jeans (Levis 501 Or Similar)

$51.7 PAB 51.7

Summer Dress (H&M, Zara, etc)

$46.93 PAB 46.93

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

Men's Leather Business Shoes

$123 PAB 123

1-bedroom Apartment, City Center (Monthly)

$1,149 PAB 1,149

$845 PAB 845

35.98%

1-bedroom Apartment, Outside City Center (Monthly)

$883 PAB 883

$526 PAB 526

67.72%

3-bedroom Apartment, City Center (Monthly)

$2,063 PAB 2,063

3-bedroom Apartment, Outside City Center (Monthly)

$1,595 PAB 1,595

Buy Apartment in City Center (m2)

$3,067 PAB 3,067

Buy Apartment Outside City Center (m2)

$1,712 PAB 1,712

Average Monthly Net Salary (After Tax)

$947 PAB 947

$674 PAB 674

40.47%

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: April 13, 2026

Last update for Bocastown, Isla Colon: April 13, 2026

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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