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

😐 Solo nomad: Panama City is 4.8% more expensive than Coronado without rent, and 31% more expensive with rent.
😐 Family of 3: Panama City is 30.1% more expensive than Coronado without rent, and 23.2% more expensive with rent.
Currency
🍽 Eating Out
Panama City
Coronado
Difference
Meal at Budget Restaurant
$10.13 PAB 10.13
$11.79 PAB 11.79
-14.08%
Three-Course Dinner for Two, Mid-Range
$50.2 PAB 50.2
$34.78 PAB 34.78
44.31%
Fast Food Meal (McDonalds, etc)
$8.19 PAB 8.19
$9.09 PAB 9.09
-9.90%
Cappuccino
$3.63 PAB 3.63
$2.90 PAB 2.90
25.17%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.68 PAB 1.68
$1.05 PAB 1.05
60.00%
Water (0.33 liter bottle)
$1.39 PAB 1.39
$0.83 PAB 0.83
67.47%
Local Beer (0.5 liter draught)
$2.99 PAB 2.99
$1.51 PAB 1.51
98.01%
Imported Beer (0.33 liter bottle)
$3.89 PAB 3.89
$2.98 PAB 2.98
30.54%
🛒 Groceries & Markets
Panama City
Coronado
Difference
Milk (1 liter)
$1.82 PAB 1.82
$1.95 PAB 1.95
-6.67%
White Bread (500g)
$2.47 PAB 2.47
$1.58 PAB 1.58
56.33%
Rice (white) (1kg)
$2.40 PAB 2.40
$2.92 PAB 2.92
-17.81%
Eggs
$2.82 PAB 2.82
$2.27 PAB 2.27
24.23%
Local Cheese (1kg)
$11.46 PAB 11.46
$14.60 PAB 14.60
-21.51%
Chicken Fillets (1kg)
$7.36 PAB 7.36
$6.19 PAB 6.19
18.90%
Beef Round Steak (1kg)
$9.81 PAB 9.81
$9.23 PAB 9.23
6.28%
Apples (1kg)
$3.38 PAB 3.38
$2.68 PAB 2.68
26.12%
Banana (1kg)
$1.47 PAB 1.47
$1.01 PAB 1.01
45.54%
Oranges (1kg)
$2.83 PAB 2.83
$3.07 PAB 3.07
-7.82%
Tomato (1kg)
$3.09 PAB 3.09
$3.00 PAB 3.00
3.00%
Potato (1kg)
$2.24 PAB 2.24
$2.12 PAB 2.12
5.66%
Onion (1kg)
$2.77 PAB 2.77
$1.91 PAB 1.91
45.03%
Lettuce (1 head)
$2.13 PAB 2.13
$2.13 PAB 2.13
-
Water (1.5 liter bottle)
$1.54 PAB 1.54
-
-
Cigarettes 20 Pack (Marlboro, Camel)
$6.03 PAB 6.03
$5.90 PAB 5.90
2.20%
Wine (Bottle)
$10.98 PAB 10.98
$9.91 PAB 9.91
10.80%
Local Beer (0.5 liter bottle)
$1.28 PAB 1.28
$0.80 PAB 0.80
60.00%
Imported Beer (0.33 liter bottle)
$2.40 PAB 2.40
$0.86 PAB 0.86
179.07%
🚌 Getting Around
Panama City
Coronado
Difference
One-way Ticket (Public Transport)
$0.41 PAB 0.41
$1.03 PAB 1.03
-60.19%
Public Transport Monthly Pass (Regular Price)
$22.68 PAB 22.68
-
-
Taxi Start (Normal Tariff)
$2.55 PAB 2.55
$1.47 PAB 1.47
73.47%
Taxi (Normal Tariff) (1km)
$1.83 PAB 1.83
$1.46 PAB 1.46
25.34%
Taxi 1hour Waiting (Normal Tariff)
$21.82 PAB 21.82
$10.13 PAB 10.13
115.40%
Gasoline (1 liter)
$0.87 PAB 0.87
$0.90 PAB 0.90
-3.33%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.7K PAB 19.7K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.8K PAB 20.8K
$34.2K PAB 34.2K
-39.00%
🧾 Monthly Utilities & Internet
Panama City
Coronado
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$121 PAB 121
$110 PAB 110
9.98%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$30.37 PAB 30.37
$21.18 PAB 21.18
43.39%
Internet (50+ Mbps, Unlimited Data)
$48.88 PAB 48.88
$57.9 PAB 57.9
-15.51%
🎉 Sport & Entertainment
Panama City
Coronado
Difference
Gym Membership (Monthly)
$45.39 PAB 45.39
-
-
Tennis Court (1 Hour on Weekend)
$32.72 PAB 32.72
-
-
Cinema Ticket
$8.08 PAB 8.08
$3.37 PAB 3.37
139.76%
🧸 Childcare & Education
Panama City
Coronado
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$470 PAB 470
-
-
International Primary School, 1 Child (Yearly)
$15.8K PAB 15.8K
$6,467 PAB 6,467
143.91%
👕👟 Clothing & Footwear
Panama City
Coronado
Difference
Jeans (Levis 501 Or Similar)
$51.7 PAB 51.7
$44.43 PAB 44.43
16.34%
Summer Dress (H&M, Zara, etc)
$46.93 PAB 46.93
$30.29 PAB 30.29
54.94%
Sport Shoes (Adidas, Nike)
$89.0 PAB 89.0
$101 PAB 101
-12.29%
Men's Leather Business Shoes
$123 PAB 123
$134 PAB 134
-8.07%
🏠 Accommodation & Living
Panama City
Coronado
Difference
1-bedroom Apartment, City Center (Monthly)
$1,149 PAB 1,149
$761 PAB 761
50.97%
1-bedroom Apartment, Outside City Center (Monthly)
$883 PAB 883
$562 PAB 562
57.24%
3-bedroom Apartment, City Center (Monthly)
$2,063 PAB 2,063
$1,239 PAB 1,239
66.48%
3-bedroom Apartment, Outside City Center (Monthly)
$1,595 PAB 1,595
$1,292 PAB 1,292
23.47%
Buy Apartment in City Center (m2)
$3,067 PAB 3,067
-
-
Buy Apartment Outside City Center (m2)
$1,712 PAB 1,712
$1,978 PAB 1,978
-13.45%
💵 Salaries & Financials
Panama City
Coronado
Difference
Average Monthly Net Salary (After Tax)
$947 PAB 947
$610 PAB 610
55.28%
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: April 13, 2026

Last update for Coronado: April 11, 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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