Cost of Living Comparison Between Panama City and Chiang Mai Cost of Living Comparison Between Panama City and Chiang Mai

😐 Solo nomad: Panama City is 43.8% more expensive than Chiang Mai without rent, and 102.9% more expensive with rent.

😐 Family of 3: Panama City is 53.1% more expensive than Chiang Mai without rent, and 96.8% more expensive with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$2.02 ฿65.3

403.96%

Three-Course Dinner for Two, Mid-Range

$49.36 PAB 49.36

$18.78 ฿608

162.83%

Fast Food Meal (McDonalds, etc)

$8.16 PAB 8.16

$7.67 ฿248

6.39%

Cappuccino

$3.58 PAB 3.58

$1.98 ฿64.2

80.81%

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

$1.66 PAB 1.66

$0.82 ฿26.64

102.44%

Water (0.33 liter bottle)

$1.41 PAB 1.41

$0.33 ฿10.58

327.27%

Local Beer (0.5 liter draught)

$3.08 PAB 3.08

$2.12 ฿68.6

45.28%

Imported Beer (0.33 liter bottle)

$3.9 PAB 3.9

$3.73 ฿121

4.56%

Milk (1 liter)

$1.88 PAB 1.88

$1.64 ฿53.2

14.63%

White Bread (500g)

$2.56 PAB 2.56

$1.57 ฿50.9

63.06%

Rice (white) (1kg)

$2.52 PAB 2.52

$1.19 ฿38.62

111.76%

Eggs

$2.95 PAB 2.95

$1.98 ฿64.1

48.99%

Local Cheese (1kg)

$11.6 PAB 11.6

$15.99 ฿517

-27.45%

Chicken Fillets (1kg)

$7.14 PAB 7.14

$3.12 ฿101

128.85%

Beef Round Steak (1kg)

$9.92 PAB 9.92

$11.16 ฿361

-11.11%

Apples (1kg)

$3.42 PAB 3.42

$2.76 ฿89.2

23.91%

Banana (1kg)

$1.49 PAB 1.49

$1.22 ฿39.5

22.13%

Oranges (1kg)

$2.73 PAB 2.73

$1.71 ฿55.4

59.65%

Tomato (1kg)

$3.24 PAB 3.24

$1.55 ฿50.2

109.03%

Potato (1kg)

$2.28 PAB 2.28

$1.34 ฿43.21

70.15%

Onion (1kg)

$2.91 PAB 2.91

$1.21 ฿39.23

140.50%

Lettuce (1 head)

$2.14 PAB 2.14

$0.72 ฿23.2

197.22%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$0.53 ฿17.05

196.23%

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 PAB 5.84

$4.72 ฿153

23.73%

Wine (Bottle)

$9.91 PAB 9.91

$18.39 ฿595

-46.11%

Local Beer (0.5 liter bottle)

$1.3 PAB 1.3

$1.79 ฿57.9

-27.37%

Imported Beer (0.33 liter bottle)

$2.32 PAB 2.32

$3.21 ฿104

-27.73%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

$0.94 ฿30.44

-53.19%

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

$18.9 ฿612

18.10%

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

$1.42 ฿46.08

78.17%

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

$1.35 ฿43.53

30.37%

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

$7.85 ฿254

178.47%

Gasoline (1 liter)

$0.89 PAB 0.89

$1.25 ฿40.4

-28.80%

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

$19.9K PAB 19.9K

$21.2K ฿684.9K

-5.90%

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

$20.5K PAB 20.5K

$21.8K ฿706.8K

-6.35%

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

$124 PAB 124

$70.6 ฿2,285

76.26%

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

$29.96 PAB 29.96

$13.72 ฿444

118.37%

Internet (50+ Mbps, Unlimited Data)

$50.2 PAB 50.2

$17.56 ฿568

185.59%

Gym Membership (Monthly)

$44.96 PAB 44.96

$41.64 ฿1,347

7.97%

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

$6.9 ฿223

364.20%

Cinema Ticket

$8.16 PAB 8.16

$5.8 ฿188

40.69%

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

$471 PAB 471

$308 ฿9,963

53.11%

International Primary School, 1 Child (Yearly)

$16K PAB 16K

$14.7K ฿475.8K

8.52%

Jeans (Levis 501 Or Similar)

$52 PAB 52

$55.4 ฿1,793

-6.12%

Summer Dress (H&M, Zara, etc)

$45.24 PAB 45.24

$26.4 ฿854

71.36%

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

$85.1 ฿2,755

2.91%

Men's Leather Business Shoes

$120 PAB 120

$71.8 ฿2,323

67.79%

1-bedroom Apartment, City Center (Monthly)

$1,126 PAB 1,126

$434 ฿14K

159.35%

1-bedroom Apartment, Outside City Center (Monthly)

$890 PAB 890

$235 ฿7,610

278.47%

3-bedroom Apartment, City Center (Monthly)

$2,013 PAB 2,013

$821 ฿26.6K

145.21%

3-bedroom Apartment, Outside City Center (Monthly)

$1,555 PAB 1,555

$498 ฿16.1K

212.09%

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

$2,180 ฿70.6K

24.31%

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

$1,543 ฿49.9K

7.26%

Average Monthly Net Salary (After Tax)

$975 PAB 975

$703 ฿22.8K

38.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

24.60%

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

Last update for Panama City: October 29, 2025

Last update for Chiang Mai: October 29, 2025

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