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 45.4% more expensive than Chiang Mai without rent, and 110.2% more expensive with rent.

😐 Family of 3: Panama City is 53.6% more expensive than Chiang Mai without rent, and 99.5% more expensive with rent.

Meal at Budget Restaurant

$9.95 PAB 9.95

$1.97 ฿62.0

405.08%

Three-Course Dinner for Two, Mid-Range

$49.92 PAB 49.92

$18.68 ฿587

167.24%

Fast Food Meal (McDonalds, etc)

$8.01 PAB 8.01

$7.92 ฿249

1.14%

Cappuccino

$3.66 PAB 3.66

$2.02 ฿63.7

81.19%

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

$1.72 PAB 1.72

$0.84 ฿26.45

104.76%

Water (0.33 liter bottle)

$1.38 PAB 1.38

$0.35 ฿11.07

294.29%

Local Beer (0.5 liter draught)

$2.92 PAB 2.92

$2.22 ฿69.9

31.53%

Imported Beer (0.33 liter bottle)

$4.08 PAB 4.08

$3.59 ฿113

13.65%

Milk (1 liter)

$1.91 PAB 1.91

$1.67 ฿52.4

14.37%

White Bread (500g)

$2.46 PAB 2.46

$1.62 ฿51.1

51.85%

Rice (white) (1kg)

$2.41 PAB 2.41

$1.20 ฿37.83

100.83%

Eggs

$2.82 PAB 2.82

$1.93 ฿60.8

46.11%

Local Cheese (1kg)

$11.49 PAB 11.49

$16.00 ฿503

-28.19%

Chicken Fillets (1kg)

$7.24 PAB 7.24

$3.16 ฿99.2

129.11%

Beef Round Steak (1kg)

$9.90 PAB 9.90

$10.93 ฿344

-9.42%

Apples (1kg)

$3.38 PAB 3.38

$2.67 ฿83.8

26.59%

Banana (1kg)

$1.48 PAB 1.48

$1.18 ฿36.99

25.42%

Oranges (1kg)

$2.87 PAB 2.87

$1.64 ฿51.5

75.00%

Tomato (1kg)

$3.23 PAB 3.23

$1.59 ฿49.83

103.14%

Potato (1kg)

$2.30 PAB 2.30

$1.32 ฿41.64

74.24%

Onion (1kg)

$2.89 PAB 2.89

$1.19 ฿37.49

142.86%

Lettuce (1 head)

$2.22 PAB 2.22

$0.71 ฿22.20

212.68%

Water (1.5 liter bottle)

$1.59 PAB 1.59

$0.56 ฿17.75

183.93%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 PAB 6.09

$4.64 ฿146

31.25%

Wine (Bottle)

$9.83 PAB 9.83

$18.96 ฿596

-48.15%

Local Beer (0.5 liter bottle)

$1.26 PAB 1.26

$1.77 ฿55.7

-28.81%

Imported Beer (0.33 liter bottle)

$2.46 PAB 2.46

$3.20 ฿101

-23.13%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

$0.90 ฿28.32

-54.44%

Public Transport Monthly Pass (Regular Price)

$22.67 PAB 22.67

$19.24 ฿605

17.83%

Taxi Start (Normal Tariff)

$2.56 PAB 2.56

$1.36 ฿42.78

88.24%

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

$1.35 ฿42.37

31.85%

Taxi 1hour Waiting (Normal Tariff)

$22.26 PAB 22.26

$8.15 ฿256

173.13%

Gasoline (1 liter)

$0.93 PAB 0.93

$1.22 ฿38.43

-23.77%

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

$19.5K PAB 19.5K

$21.4K ฿671.8K

-8.65%

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

$20.2K PAB 20.2K

$21.7K ฿683.8K

-6.97%

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

$125 PAB 125

$70.3 ฿2,210

77.43%

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

$30.03 PAB 30.03

$13.91 ฿437

115.89%

Internet (50+ Mbps, Unlimited Data)

$48.56 PAB 48.56

$18.00 ฿566

169.78%

Gym Membership (Monthly)

$46.20 PAB 46.20

$41.78 ฿1,314

10.58%

Tennis Court (1 Hour on Weekend)

$32.29 PAB 32.29

$6.80 ฿214

374.85%

Cinema Ticket

$7.96 PAB 7.96

$5.72 ฿180

39.16%

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

$474 PAB 474

$308 ฿9,693

53.72%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

$14.8K ฿465.7K

6.63%

Jeans (Levis 501 Or Similar)

$51.9 PAB 51.9

$55.9 ฿1,756

-7.09%

Summer Dress (H&M, Zara, etc)

$46.99 PAB 46.99

$26.71 ฿840

75.93%

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

$84.5 ฿2,658

5.28%

Men's Leather Business Shoes

$120 PAB 120

$70.8 ฿2,227

70.08%

1-bedroom Apartment, City Center (Monthly)

$1,146 PAB 1,146

$431 ฿13.5K

166.15%

1-bedroom Apartment, Outside City Center (Monthly)

$884 PAB 884

$237 ฿7,439

273.40%

3-bedroom Apartment, City Center (Monthly)

$2,014 PAB 2,014

$811 ฿25.5K

148.40%

3-bedroom Apartment, Outside City Center (Monthly)

$1,586 PAB 1,586

$501 ฿15.7K

216.75%

Buy Apartment in City Center (m2)

$3,112 PAB 3,112

$2,202 ฿69.2K

41.32%

Buy Apartment Outside City Center (m2)

$1,734 PAB 1,734

$1,600 ฿50.3K

8.38%

Average Monthly Net Salary (After Tax)

$873 PAB 873

$684 ฿21.5K

27.61%

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: January 12, 2026

Last update for Chiang Mai: January 13, 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

Similar cities

Athens

🇬🇷 Greece

Uluwatu, Bali

🇮🇩 Indonesia

Zagreb

🇭🇷 Croatia

Krakow

🇵🇱 Poland

Seoul

🇰🇷 South Korea

Porto

🇵🇹 Portugal

Bratislava

🇸🇰 Slovakia

Turin

🇮🇹 Italy