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

😐 Solo nomad: Panama City is 30.2% more expensive than Coronado without rent, and 36.4% more expensive with rent.
😐 Family of 3: Panama City is 30.9% more expensive than Coronado without rent, and 22.1% more expensive with rent.
Currency
🍽 Eating Out
Panama City
Coronado
Difference
Meal at Budget Restaurant
$10.17 PAB 10.17
$12.18 PAB 12.18
-16.50%
Three-Course Dinner for Two, Mid-Range
$50.4 PAB 50.4
$35.02 PAB 35.02
44.03%
Fast Food Meal (McDonalds, etc)
$7.88 PAB 7.88
$9.13 PAB 9.13
-13.69%
Cappuccino
$3.71 PAB 3.71
$3.00 PAB 3.00
23.67%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.64 PAB 1.64
$1.04 PAB 1.04
57.69%
Water (0.33 liter bottle)
$1.33 PAB 1.33
$0.88 PAB 0.88
51.14%
Local Beer (0.5 liter draught)
$2.95 PAB 2.95
$1.49 PAB 1.49
97.99%
Imported Beer (0.33 liter bottle)
$4.06 PAB 4.06
$3.05 PAB 3.05
33.11%
🛒 Groceries & Markets
Panama City
Coronado
Difference
Milk (1 liter)
$1.83 PAB 1.83
$1.88 PAB 1.88
-2.66%
White Bread (500g)
$2.58 PAB 2.58
$1.61 PAB 1.61
60.25%
Rice (white) (1kg)
$2.40 PAB 2.40
$3.07 PAB 3.07
-21.82%
Eggs
$2.97 PAB 2.97
$2.17 PAB 2.17
36.87%
Local Cheese (1kg)
$11.34 PAB 11.34
$14.73 PAB 14.73
-23.01%
Chicken Fillets (1kg)
$7.06 PAB 7.06
$6.24 PAB 6.24
13.14%
Beef Round Steak (1kg)
$9.76 PAB 9.76
$9.45 PAB 9.45
3.28%
Apples (1kg)
$3.40 PAB 3.40
$2.64 PAB 2.64
28.79%
Banana (1kg)
$1.50 PAB 1.50
$1.01 PAB 1.01
48.51%
Oranges (1kg)
$2.77 PAB 2.77
$3.06 PAB 3.06
-9.48%
Tomato (1kg)
$3.23 PAB 3.23
$2.88 PAB 2.88
12.15%
Potato (1kg)
$2.20 PAB 2.20
$2.09 PAB 2.09
5.26%
Onion (1kg)
$2.87 PAB 2.87
$1.87 PAB 1.87
53.48%
Lettuce (1 head)
$2.17 PAB 2.17
$2.11 PAB 2.11
2.84%
Water (1.5 liter bottle)
$1.54 PAB 1.54
-
-
Cigarettes 20 Pack (Marlboro, Camel)
$5.99 PAB 5.99
$6.14 PAB 6.14
-2.44%
Wine (Bottle)
$10.31 PAB 10.31
$10.18 PAB 10.18
1.28%
Local Beer (0.5 liter bottle)
$1.30 PAB 1.30
$0.84 PAB 0.84
54.76%
Imported Beer (0.33 liter bottle)
$2.33 PAB 2.33
$0.82 PAB 0.82
184.15%
🚌 Getting Around
Panama City
Coronado
Difference
One-way Ticket (Public Transport)
$0.43 PAB 0.43
$1.02 PAB 1.02
-57.84%
Public Transport Monthly Pass (Regular Price)
$22.39 PAB 22.39
-
-
Taxi Start (Normal Tariff)
$2.46 PAB 2.46
$1.47 PAB 1.47
67.35%
Taxi (Normal Tariff) (1km)
$1.82 PAB 1.82
$1.47 PAB 1.47
23.81%
Taxi 1hour Waiting (Normal Tariff)
$21.57 PAB 21.57
$9.96 PAB 9.96
116.57%
Gasoline (1 liter)
$0.95 PAB 0.95
$0.87 PAB 0.87
9.20%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.1K PAB 20.1K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.1K PAB 20.1K
$33.9K PAB 33.9K
-40.52%
🧾 Monthly Utilities & Internet
Panama City
Coronado
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$123 PAB 123
$111 PAB 111
10.80%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.81 PAB 29.81
$21.23 PAB 21.23
40.41%
Internet (50+ Mbps, Unlimited Data)
$49.87 PAB 49.87
$58.1 PAB 58.1
-14.15%
🎉 Sport & Entertainment
Panama City
Coronado
Difference
Gym Membership (Monthly)
$46.19 PAB 46.19
-
-
Tennis Court (1 Hour on Weekend)
$32.83 PAB 32.83
-
-
Cinema Ticket
$8.09 PAB 8.09
$3.34 PAB 3.34
142.22%
🧸 Childcare & Education
Panama City
Coronado
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$478 PAB 478
-
-
International Primary School, 1 Child (Yearly)
$15.8K PAB 15.8K
$6,378 PAB 6,378
147.80%
👕👟 Clothing & Footwear
Panama City
Coronado
Difference
Jeans (Levis 501 Or Similar)
$52.0 PAB 52.0
$44.15 PAB 44.15
17.87%
Summer Dress (H&M, Zara, etc)
$46.66 PAB 46.66
$29.51 PAB 29.51
58.12%
Sport Shoes (Adidas, Nike)
$89.6 PAB 89.6
$102 PAB 102
-12.14%
Men's Leather Business Shoes
$123 PAB 123
$135 PAB 135
-8.38%
🏠 Accommodation & Living
Panama City
Coronado
Difference
1-bedroom Apartment, City Center (Monthly)
$1,124 PAB 1,124
$764 PAB 764
47.07%
1-bedroom Apartment, Outside City Center (Monthly)
$894 PAB 894
$574 PAB 574
55.84%
3-bedroom Apartment, City Center (Monthly)
$2,059 PAB 2,059
$1,272 PAB 1,272
61.94%
3-bedroom Apartment, Outside City Center (Monthly)
$1,553 PAB 1,553
$1,287 PAB 1,287
20.68%
Buy Apartment in City Center (m2)
$3,128 PAB 3,128
-
-
Buy Apartment Outside City Center (m2)
$1,730 PAB 1,730
$2,000 PAB 2,000
-13.50%
💵 Salaries & Financials
Panama City
Coronado
Difference
Average Monthly Net Salary (After Tax)
$967 PAB 967
$597 PAB 597
62.13%
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: March 1, 2026

Last update for Coronado: March 1, 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

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