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

😐 Solo nomad: Panama City is 34.4% more expensive than Boquete without rent, and 33.6% more expensive with rent.

😐 Family of 3: Panama City is 8.2% more expensive than Boquete without rent, and 31.1% more expensive with rent.

Meal at Budget Restaurant

$9.95 PAB 9.95

$5.55 PAB 5.55

79.28%

Three-Course Dinner for Two, Mid-Range

$49.92 PAB 49.92

$29.91 PAB 29.91

66.90%

Fast Food Meal (McDonalds, etc)

$8.01 PAB 8.01

$7.42 PAB 7.42

7.95%

Cappuccino

$3.66 PAB 3.66

$3.35 PAB 3.35

9.25%

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

$1.72 PAB 1.72

$1.36 PAB 1.36

26.47%

Water (0.33 liter bottle)

$1.38 PAB 1.38

$0.89 PAB 0.89

55.06%

Local Beer (0.5 liter draught)

$2.92 PAB 2.92

$1.71 PAB 1.71

70.76%

Imported Beer (0.33 liter bottle)

$4.08 PAB 4.08

$1.96 PAB 1.96

108.16%

Milk (1 liter)

$1.91 PAB 1.91

$1.61 PAB 1.61

18.63%

White Bread (500g)

$2.46 PAB 2.46

$2.33 PAB 2.33

5.58%

Rice (white) (1kg)

$2.41 PAB 2.41

$1.35 PAB 1.35

78.52%

Eggs

$2.82 PAB 2.82

$2.56 PAB 2.56

10.16%

Local Cheese (1kg)

$11.49 PAB 11.49

$9.11 PAB 9.11

26.13%

Chicken Fillets (1kg)

$7.24 PAB 7.24

$7.69 PAB 7.69

-5.85%

Beef Round Steak (1kg)

$9.90 PAB 9.90

$11.04 PAB 11.04

-10.33%

Apples (1kg)

$3.38 PAB 3.38

$4.50 PAB 4.50

-24.89%

Banana (1kg)

$1.48 PAB 1.48

$1.01 PAB 1.01

46.53%

Oranges (1kg)

$2.87 PAB 2.87

$3.12 PAB 3.12

-8.01%

Tomato (1kg)

$3.23 PAB 3.23

$1.62 PAB 1.62

99.38%

Potato (1kg)

$2.30 PAB 2.30

$2.25 PAB 2.25

2.22%

Onion (1kg)

$2.89 PAB 2.89

$1.74 PAB 1.74

66.09%

Lettuce (1 head)

$2.22 PAB 2.22

Water (1.5 liter bottle)

$1.59 PAB 1.59

$1.69 PAB 1.69

-5.92%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 PAB 6.09

$5.20 PAB 5.20

17.12%

Wine (Bottle)

$9.83 PAB 9.83

$7.89 PAB 7.89

24.59%

Local Beer (0.5 liter bottle)

$1.26 PAB 1.26

$1.19 PAB 1.19

5.88%

Imported Beer (0.33 liter bottle)

$2.46 PAB 2.46

$2.74 PAB 2.74

-10.22%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

$1.46 PAB 1.46

-71.92%

Public Transport Monthly Pass (Regular Price)

$22.67 PAB 22.67

$25.50 PAB 25.50

-11.10%

Taxi Start (Normal Tariff)

$2.56 PAB 2.56

$1.03 PAB 1.03

148.54%

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

$2.05 PAB 2.05

-13.17%

Taxi 1hour Waiting (Normal Tariff)

$22.26 PAB 22.26

$30.33 PAB 30.33

-26.61%

Gasoline (1 liter)

$0.93 PAB 0.93

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

$19.5K PAB 19.5K

$25.4K PAB 25.4K

-23.24%

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

$20.2K PAB 20.2K

$20.8K PAB 20.8K

-2.88%

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

$125 PAB 125

$54.7 PAB 54.7

128.07%

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

$30.03 PAB 30.03

$28.49 PAB 28.49

5.41%

Internet (50+ Mbps, Unlimited Data)

$48.56 PAB 48.56

$46.11 PAB 46.11

5.31%

Gym Membership (Monthly)

$46.20 PAB 46.20

$86.6 PAB 86.6

-46.65%

Tennis Court (1 Hour on Weekend)

$32.29 PAB 32.29

$17.75 PAB 17.75

81.92%

Cinema Ticket

$7.96 PAB 7.96

$6.38 PAB 6.38

24.76%

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

$474 PAB 474

$253 PAB 253

87.54%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

Jeans (Levis 501 Or Similar)

$51.9 PAB 51.9

$35.23 PAB 35.23

47.29%

Summer Dress (H&M, Zara, etc)

$46.99 PAB 46.99

$24.85 PAB 24.85

89.09%

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

$52.6 PAB 52.6

69.30%

Men's Leather Business Shoes

$120 PAB 120

$61.1 PAB 61.1

97.30%

1-bedroom Apartment, City Center (Monthly)

$1,146 PAB 1,146

$762 PAB 762

50.47%

1-bedroom Apartment, Outside City Center (Monthly)

$884 PAB 884

$649 PAB 649

36.08%

3-bedroom Apartment, City Center (Monthly)

$2,014 PAB 2,014

$1,593 PAB 1,593

26.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,586 PAB 1,586

$1,128 PAB 1,128

40.61%

Buy Apartment in City Center (m2)

$3,112 PAB 3,112

$1,191 PAB 1,191

161.33%

Buy Apartment Outside City Center (m2)

$1,734 PAB 1,734

$1,153 PAB 1,153

50.36%

Average Monthly Net Salary (After Tax)

$873 PAB 873

$602 PAB 602

45.04%

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: January 12, 2026

Last update for Boquete: 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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