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

😐 Solo nomad: Panama City is 1.2% more expensive than Boquete without rent, and 31.6% more expensive with rent.

😐 Family of 3: Panama City is 31.2% more expensive than Boquete without rent, and 30.8% more expensive with rent.

Meal at Budget Restaurant

$10.13 PAB 10.13

$5.46 PAB 5.46

85.53%

Three-Course Dinner for Two, Mid-Range

$50.2 PAB 50.2

$30.23 PAB 30.23

66.03%

Fast Food Meal (McDonalds, etc)

$8.19 PAB 8.19

$7.70 PAB 7.70

6.36%

Cappuccino

$3.63 PAB 3.63

$3.34 PAB 3.34

8.68%

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

$1.68 PAB 1.68

$1.42 PAB 1.42

18.31%

Water (0.33 liter bottle)

$1.39 PAB 1.39

$0.93 PAB 0.93

49.46%

Local Beer (0.5 liter draught)

$2.99 PAB 2.99

$1.80 PAB 1.80

66.11%

Imported Beer (0.33 liter bottle)

$3.89 PAB 3.89

$1.97 PAB 1.97

97.46%

Milk (1 liter)

$1.82 PAB 1.82

$1.56 PAB 1.56

16.67%

White Bread (500g)

$2.47 PAB 2.47

$2.39 PAB 2.39

3.35%

Rice (white) (1kg)

$2.40 PAB 2.40

$1.41 PAB 1.41

70.21%

Eggs

$2.82 PAB 2.82

$2.60 PAB 2.60

8.46%

Local Cheese (1kg)

$11.46 PAB 11.46

$8.64 PAB 8.64

32.64%

Chicken Fillets (1kg)

$7.36 PAB 7.36

$7.68 PAB 7.68

-4.17%

Beef Round Steak (1kg)

$9.81 PAB 9.81

$11.11 PAB 11.11

-11.70%

Apples (1kg)

$3.38 PAB 3.38

$4.32 PAB 4.32

-21.76%

Banana (1kg)

$1.47 PAB 1.47

$1.05 PAB 1.05

40.00%

Oranges (1kg)

$2.83 PAB 2.83

$3.14 PAB 3.14

-9.87%

Tomato (1kg)

$3.09 PAB 3.09

$1.58 PAB 1.58

95.57%

Potato (1kg)

$2.24 PAB 2.24

$2.17 PAB 2.17

3.23%

Onion (1kg)

$2.77 PAB 2.77

$1.76 PAB 1.76

57.39%

Lettuce (1 head)

$2.13 PAB 2.13

$2.27 PAB 2.27

-6.17%

Water (1.5 liter bottle)

$1.54 PAB 1.54

$1.71 PAB 1.71

-9.94%

Cigarettes 20 Pack (Marlboro, Camel)

$6.03 PAB 6.03

$5.14 PAB 5.14

17.32%

Wine (Bottle)

$10.98 PAB 10.98

$7.82 PAB 7.82

40.41%

Local Beer (0.5 liter bottle)

$1.28 PAB 1.28

$1.17 PAB 1.17

9.40%

Imported Beer (0.33 liter bottle)

$2.40 PAB 2.40

$2.74 PAB 2.74

-12.41%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

$1.46 PAB 1.46

-71.92%

Public Transport Monthly Pass (Regular Price)

$22.68 PAB 22.68

$25.10 PAB 25.10

-9.64%

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

$1.02 PAB 1.02

150.00%

Taxi (Normal Tariff) (1km)

$1.83 PAB 1.83

$2.02 PAB 2.02

-9.41%

Taxi 1hour Waiting (Normal Tariff)

$21.82 PAB 21.82

$29.66 PAB 29.66

-26.43%

Gasoline (1 liter)

$0.87 PAB 0.87

$0.95 PAB 0.95

-8.42%

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

$19.7K PAB 19.7K

$25.5K PAB 25.5K

-22.82%

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

$20.8K PAB 20.8K

0.46%

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

$121 PAB 121

$52.9 PAB 52.9

128.21%

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

$30.37 PAB 30.37

$28.43 PAB 28.43

6.82%

Internet (50+ Mbps, Unlimited Data)

$48.88 PAB 48.88

$46.63 PAB 46.63

4.83%

Gym Membership (Monthly)

$45.39 PAB 45.39

$87.9 PAB 87.9

-48.36%

Tennis Court (1 Hour on Weekend)

$32.72 PAB 32.72

$17.81 PAB 17.81

83.72%

Cinema Ticket

$8.08 PAB 8.08

$6.48 PAB 6.48

24.69%

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

$470 PAB 470

$249 PAB 249

88.90%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

Jeans (Levis 501 Or Similar)

$51.7 PAB 51.7

$34.37 PAB 34.37

50.39%

Summer Dress (H&M, Zara, etc)

$46.93 PAB 46.93

$25.45 PAB 25.45

84.40%

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

$50.9 PAB 50.9

74.96%

Men's Leather Business Shoes

$123 PAB 123

$60.6 PAB 60.6

103.50%

1-bedroom Apartment, City Center (Monthly)

$1,149 PAB 1,149

$767 PAB 767

49.88%

1-bedroom Apartment, Outside City Center (Monthly)

$883 PAB 883

$652 PAB 652

35.42%

3-bedroom Apartment, City Center (Monthly)

$2,063 PAB 2,063

$1,559 PAB 1,559

32.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,595 PAB 1,595

$1,110 PAB 1,110

43.70%

Buy Apartment in City Center (m2)

$3,067 PAB 3,067

$1,195 PAB 1,195

156.73%

Buy Apartment Outside City Center (m2)

$1,712 PAB 1,712

$1,185 PAB 1,185

44.53%

Average Monthly Net Salary (After Tax)

$947 PAB 947

$663 PAB 663

42.83%

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: April 13, 2026

Last update for Boquete: April 12, 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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