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

😐 Solo nomad: Panama City is 3.7% more expensive than Boquete without rent, and 26.8% more expensive with rent.

😐 Family of 3: Panama City is 18.5% more expensive than Boquete without rent, and 32.2% more expensive with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$5.63 PAB 5.63

80.82%

Three-Course Dinner for Two, Mid-Range

$49.36 PAB 49.36

$30.05 PAB 30.05

64.26%

Fast Food Meal (McDonalds, etc)

$8.16 PAB 8.16

$7.71 PAB 7.71

5.84%

Cappuccino

$3.58 PAB 3.58

$3.45 PAB 3.45

3.77%

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

$1.66 PAB 1.66

$1.41 PAB 1.41

17.73%

Water (0.33 liter bottle)

$1.41 PAB 1.41

$0.94 PAB 0.94

50.00%

Local Beer (0.5 liter draught)

$3.08 PAB 3.08

$1.78 PAB 1.78

73.03%

Imported Beer (0.33 liter bottle)

$3.9 PAB 3.9

$2.06 PAB 2.06

89.32%

Milk (1 liter)

$1.88 PAB 1.88

$1.6 PAB 1.6

17.50%

White Bread (500g)

$2.56 PAB 2.56

$2.41 PAB 2.41

6.22%

Rice (white) (1kg)

$2.52 PAB 2.52

$1.39 PAB 1.39

81.29%

Eggs

$2.95 PAB 2.95

$2.54 PAB 2.54

16.14%

Local Cheese (1kg)

$11.6 PAB 11.6

$9.14 PAB 9.14

26.91%

Chicken Fillets (1kg)

$7.14 PAB 7.14

$7.42 PAB 7.42

-3.77%

Beef Round Steak (1kg)

$9.92 PAB 9.92

$10.87 PAB 10.87

-8.74%

Apples (1kg)

$3.42 PAB 3.42

$4.48 PAB 4.48

-23.66%

Banana (1kg)

$1.49 PAB 1.49

$1.01 PAB 1.01

47.52%

Oranges (1kg)

$2.73 PAB 2.73

$3.14 PAB 3.14

-13.06%

Tomato (1kg)

$3.24 PAB 3.24

$1.63 PAB 1.63

98.77%

Potato (1kg)

$2.28 PAB 2.28

$2.17 PAB 2.17

5.07%

Onion (1kg)

$2.91 PAB 2.91

$1.76 PAB 1.76

65.34%

Lettuce (1 head)

$2.14 PAB 2.14

$2.22 PAB 2.22

-3.60%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$1.66 PAB 1.66

-5.42%

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 PAB 5.84

$5.33 PAB 5.33

9.57%

Wine (Bottle)

$9.91 PAB 9.91

$7.78 PAB 7.78

27.38%

Local Beer (0.5 liter bottle)

$1.3 PAB 1.3

$1.17 PAB 1.17

11.11%

Imported Beer (0.33 liter bottle)

$2.32 PAB 2.32

$2.73 PAB 2.73

-15.02%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

$1.46 PAB 1.46

-69.86%

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

$24.84 PAB 24.84

-10.14%

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

$1.01 PAB 1.01

150.50%

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

$1.94 PAB 1.94

-9.28%

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

$29.41 PAB 29.41

-25.67%

Gasoline (1 liter)

$0.89 PAB 0.89

$0.94 PAB 0.94

-5.32%

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

$19.9K PAB 19.9K

$25.7K PAB 25.7K

-22.39%

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

$20.5K PAB 20.5K

$20.2K PAB 20.2K

1.05%

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

$124 PAB 124

$54 PAB 54

130.48%

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

$29.96 PAB 29.96

$29.45 PAB 29.45

1.73%

Internet (50+ Mbps, Unlimited Data)

$50.2 PAB 50.2

$46.65 PAB 46.65

7.50%

Gym Membership (Monthly)

$44.96 PAB 44.96

$86.5 PAB 86.5

-48.02%

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

$17.29 PAB 17.29

85.25%

Cinema Ticket

$8.16 PAB 8.16

$6.36 PAB 6.36

28.30%

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

$471 PAB 471

$246 PAB 246

91.27%

International Primary School, 1 Child (Yearly)

$16K PAB 16K

Jeans (Levis 501 Or Similar)

$52 PAB 52

$34.39 PAB 34.39

51.24%

Summer Dress (H&M, Zara, etc)

$45.24 PAB 45.24

$24.7 PAB 24.7

83.16%

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

$51.9 PAB 51.9

68.87%

Men's Leather Business Shoes

$120 PAB 120

$59 PAB 59

104.24%

1-bedroom Apartment, City Center (Monthly)

$1,126 PAB 1,126

$765 PAB 765

47.23%

1-bedroom Apartment, Outside City Center (Monthly)

$890 PAB 890

$642 PAB 642

38.71%

3-bedroom Apartment, City Center (Monthly)

$2,013 PAB 2,013

$1,561 PAB 1,561

29.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,555 PAB 1,555

$1,116 PAB 1,116

39.38%

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

$1,172 PAB 1,172

131.20%

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

$1,145 PAB 1,145

44.49%

Average Monthly Net Salary (After Tax)

$975 PAB 975

$602 PAB 602

61.90%

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: October 29, 2025

Last update for Boquete: October 28, 2025

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