Cost of Living Comparison Between Panama City and Boquete Cost of Living Comparison Between Panama City and Boquete

😐 Solo nomad: Panama City is 1.3% more expensive than Boquete without rent, and 33.1% more expensive with rent.

😐 Family of 3: Panama City is 15.6% more expensive than Boquete without rent, and 32.2% more expensive with rent.

Meal at Budget Restaurant

$10.17 PAB 10.17

$5.44 PAB 5.44

86.95%

Three-Course Dinner for Two, Mid-Range

$50.4 PAB 50.4

$29.91 PAB 29.91

68.64%

Fast Food Meal (McDonalds, etc)

$7.88 PAB 7.88

$7.49 PAB 7.49

5.21%

Cappuccino

$3.71 PAB 3.71

$3.47 PAB 3.47

6.92%

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

$1.64 PAB 1.64

$1.37 PAB 1.37

19.71%

Water (0.33 liter bottle)

$1.33 PAB 1.33

$0.93 PAB 0.93

43.01%

Local Beer (0.5 liter draught)

$2.95 PAB 2.95

$1.73 PAB 1.73

70.52%

Imported Beer (0.33 liter bottle)

$4.06 PAB 4.06

$1.96 PAB 1.96

107.14%

Milk (1 liter)

$1.83 PAB 1.83

$1.56 PAB 1.56

17.31%

White Bread (500g)

$2.58 PAB 2.58

$2.32 PAB 2.32

11.21%

Rice (white) (1kg)

$2.40 PAB 2.40

$1.40 PAB 1.40

71.43%

Eggs

$2.97 PAB 2.97

$2.64 PAB 2.64

12.50%

Local Cheese (1kg)

$11.34 PAB 11.34

$9.10 PAB 9.10

24.62%

Chicken Fillets (1kg)

$7.06 PAB 7.06

$7.47 PAB 7.47

-5.49%

Beef Round Steak (1kg)

$9.76 PAB 9.76

$10.86 PAB 10.86

-10.13%

Apples (1kg)

$3.40 PAB 3.40

$4.33 PAB 4.33

-21.48%

Banana (1kg)

$1.50 PAB 1.50

$1.00 PAB 1.00

50.00%

Oranges (1kg)

$2.77 PAB 2.77

$3.25 PAB 3.25

-14.77%

Tomato (1kg)

$3.23 PAB 3.23

$1.64 PAB 1.64

96.95%

Potato (1kg)

$2.20 PAB 2.20

Onion (1kg)

$2.87 PAB 2.87

$1.69 PAB 1.69

69.82%

Lettuce (1 head)

$2.17 PAB 2.17

$2.30 PAB 2.30

-5.65%

Water (1.5 liter bottle)

$1.54 PAB 1.54

$1.69 PAB 1.69

-8.88%

Cigarettes 20 Pack (Marlboro, Camel)

$5.99 PAB 5.99

$5.28 PAB 5.28

13.45%

Wine (Bottle)

$10.31 PAB 10.31

$8.03 PAB 8.03

28.39%

Local Beer (0.5 liter bottle)

$1.30 PAB 1.30

$1.16 PAB 1.16

12.07%

Imported Beer (0.33 liter bottle)

$2.33 PAB 2.33

$2.70 PAB 2.70

-13.70%

One-way Ticket (Public Transport)

$0.43 PAB 0.43

$1.53 PAB 1.53

-71.90%

Public Transport Monthly Pass (Regular Price)

$22.39 PAB 22.39

$24.62 PAB 24.62

-9.06%

Taxi Start (Normal Tariff)

$2.46 PAB 2.46

$0.98 PAB 0.98

151.02%

Taxi (Normal Tariff) (1km)

$1.82 PAB 1.82

$2.02 PAB 2.02

-9.90%

Taxi 1hour Waiting (Normal Tariff)

$21.57 PAB 21.57

$30.06 PAB 30.06

-28.24%

Gasoline (1 liter)

$0.95 PAB 0.95

$0.89 PAB 0.89

6.74%

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

$20.1K PAB 20.1K

$26.0K PAB 26.0K

-22.48%

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

$20.1K PAB 20.1K

$20.6K PAB 20.6K

-1.99%

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

$123 PAB 123

$54.5 PAB 54.5

126.45%

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

$29.81 PAB 29.81

$28.98 PAB 28.98

2.86%

Internet (50+ Mbps, Unlimited Data)

$49.87 PAB 49.87

$46.93 PAB 46.93

6.26%

Gym Membership (Monthly)

$46.19 PAB 46.19

$85.8 PAB 85.8

-46.15%

Tennis Court (1 Hour on Weekend)

$32.83 PAB 32.83

$17.62 PAB 17.62

86.32%

Cinema Ticket

$8.09 PAB 8.09

$6.68 PAB 6.68

21.11%

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

$478 PAB 478

$254 PAB 254

88.31%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

Jeans (Levis 501 Or Similar)

$52.0 PAB 52.0

$35.08 PAB 35.08

48.35%

Summer Dress (H&M, Zara, etc)

$46.66 PAB 46.66

$25.47 PAB 25.47

83.20%

Sport Shoes (Adidas, Nike)

$89.6 PAB 89.6

$51.3 PAB 51.3

74.68%

Men's Leather Business Shoes

$123 PAB 123

$61.1 PAB 61.1

101.95%

1-bedroom Apartment, City Center (Monthly)

$1,124 PAB 1,124

$759 PAB 759

48.02%

1-bedroom Apartment, Outside City Center (Monthly)

$894 PAB 894

$638 PAB 638

40.07%

3-bedroom Apartment, City Center (Monthly)

$2,059 PAB 2,059

$1,585 PAB 1,585

29.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,553 PAB 1,553

$1,131 PAB 1,131

37.35%

Buy Apartment in City Center (m2)

$3,128 PAB 3,128

$1,163 PAB 1,163

169.06%

Buy Apartment Outside City Center (m2)

$1,730 PAB 1,730

$1,171 PAB 1,171

47.74%

Average Monthly Net Salary (After Tax)

$967 PAB 967

$664 PAB 664

45.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

-11.00%

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

Last update for Panama City: March 1, 2026

Last update for Boquete: March 3, 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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