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

😐 Solo nomad: Panama City is 37.7% more expensive than Coronado without rent, and 32.8% more expensive with rent.
😐 Family of 3: Panama City is 18.1% more expensive than Coronado without rent, and 24.3% more expensive with rent.
Currency
🍽 Eating Out
Panama City
Coronado
Difference
Meal at Budget Restaurant
$10.18 PAB 10.18
$12.17 PAB 12.17
-16.35%
Three-Course Dinner for Two, Mid-Range
$49.36 PAB 49.36
$34.45 PAB 34.45
43.28%
Fast Food Meal (McDonalds, etc)
$8.16 PAB 8.16
$9.3 PAB 9.3
-12.26%
Cappuccino
$3.58 PAB 3.58
$2.89 PAB 2.89
23.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.66 PAB 1.66
$1.05 PAB 1.05
58.10%
Water (0.33 liter bottle)
$1.41 PAB 1.41
$0.85 PAB 0.85
65.88%
Local Beer (0.5 liter draught)
$3.08 PAB 3.08
$1.47 PAB 1.47
109.52%
Imported Beer (0.33 liter bottle)
$3.9 PAB 3.9
$2.96 PAB 2.96
31.76%
🛒 Groceries & Markets
Panama City
Coronado
Difference
Milk (1 liter)
$1.88 PAB 1.88
$1.93 PAB 1.93
-2.59%
White Bread (500g)
$2.56 PAB 2.56
$1.6 PAB 1.6
60.00%
Rice (white) (1kg)
$2.52 PAB 2.52
$2.99 PAB 2.99
-15.72%
Eggs
$2.95 PAB 2.95
$2.28 PAB 2.28
29.39%
Local Cheese (1kg)
$11.6 PAB 11.6
$14.69 PAB 14.69
-21.03%
Chicken Fillets (1kg)
$7.14 PAB 7.14
$6.35 PAB 6.35
12.44%
Beef Round Steak (1kg)
$9.92 PAB 9.92
$9.06 PAB 9.06
9.49%
Apples (1kg)
$3.42 PAB 3.42
$2.71 PAB 2.71
26.20%
Banana (1kg)
$1.49 PAB 1.49
$0.97 PAB 0.97
53.61%
Oranges (1kg)
$2.73 PAB 2.73
$3.03 PAB 3.03
-9.90%
Tomato (1kg)
$3.24 PAB 3.24
$3.03 PAB 3.03
6.93%
Potato (1kg)
$2.28 PAB 2.28
$2.01 PAB 2.01
13.43%
Onion (1kg)
$2.91 PAB 2.91
$1.85 PAB 1.85
57.30%
Lettuce (1 head)
$2.14 PAB 2.14
$2.1 PAB 2.1
1.90%
Water (1.5 liter bottle)
$1.57 PAB 1.57
-
-
Cigarettes 20 Pack (Marlboro, Camel)
$5.84 PAB 5.84
$6.17 PAB 6.17
-5.35%
Wine (Bottle)
$9.91 PAB 9.91
$10.09 PAB 10.09
-1.78%
Local Beer (0.5 liter bottle)
$1.3 PAB 1.3
$0.85 PAB 0.85
52.94%
Imported Beer (0.33 liter bottle)
$2.32 PAB 2.32
$0.82 PAB 0.82
182.93%
🚌 Getting Around
Panama City
Coronado
Difference
One-way Ticket (Public Transport)
$0.44 PAB 0.44
$1.03 PAB 1.03
-57.28%
Public Transport Monthly Pass (Regular Price)
$22.32 PAB 22.32
-
-
Taxi Start (Normal Tariff)
$2.53 PAB 2.53
$1.53 PAB 1.53
65.36%
Taxi (Normal Tariff) (1km)
$1.76 PAB 1.76
$1.47 PAB 1.47
19.73%
Taxi 1hour Waiting (Normal Tariff)
$21.86 PAB 21.86
$9.86 PAB 9.86
121.70%
Gasoline (1 liter)
$0.89 PAB 0.89
$0.85 PAB 0.85
4.71%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.9K PAB 19.9K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.5K PAB 20.5K
$33.7K PAB 33.7K
-39.39%
🧾 Monthly Utilities & Internet
Panama City
Coronado
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$124 PAB 124
$110 PAB 110
13.43%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.96 PAB 29.96
$21.28 PAB 21.28
40.79%
Internet (50+ Mbps, Unlimited Data)
$50.2 PAB 50.2
$58.5 PAB 58.5
-14.29%
🎉 Sport & Entertainment
Panama City
Coronado
Difference
Gym Membership (Monthly)
$44.96 PAB 44.96
-
-
Tennis Court (1 Hour on Weekend)
$32.03 PAB 32.03
-
-
Cinema Ticket
$8.16 PAB 8.16
$3.43 PAB 3.43
137.90%
🧸 Childcare & Education
Panama City
Coronado
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$471 PAB 471
-
-
International Primary School, 1 Child (Yearly)
$16K PAB 16K
$6,467 PAB 6,467
146.73%
👕👟 Clothing & Footwear
Panama City
Coronado
Difference
Jeans (Levis 501 Or Similar)
$52 PAB 52
$45.14 PAB 45.14
15.22%
Summer Dress (H&M, Zara, etc)
$45.24 PAB 45.24
$30.14 PAB 30.14
50.10%
Sport Shoes (Adidas, Nike)
$87.6 PAB 87.6
$99.2 PAB 99.2
-11.71%
Men's Leather Business Shoes
$120 PAB 120
$131 PAB 131
-8.00%
🏠 Accommodation & Living
Panama City
Coronado
Difference
1-bedroom Apartment, City Center (Monthly)
$1,126 PAB 1,126
$761 PAB 761
48.05%
1-bedroom Apartment, Outside City Center (Monthly)
$890 PAB 890
$557 PAB 557
59.92%
3-bedroom Apartment, City Center (Monthly)
$2,013 PAB 2,013
$1,275 PAB 1,275
57.94%
3-bedroom Apartment, Outside City Center (Monthly)
$1,555 PAB 1,555
$1,275 PAB 1,275
21.97%
Buy Apartment in City Center (m2)
$2,710 PAB 2,710
-
-
Buy Apartment Outside City Center (m2)
$1,655 PAB 1,655
$2,039 PAB 2,039
-18.82%
💵 Salaries & Financials
Panama City
Coronado
Difference
Average Monthly Net Salary (After Tax)
$975 PAB 975
$604 PAB 604
61.43%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.23
6
3.83%

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

Last update for Panama City: October 29, 2025

Last update for Coronado: October 27, 2025

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