Last update: Oct 2026

Cost of Living Comparison Between Panama City and Coronel

90

Cost of Living Index in Panama City
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Panama City Living Index
50

Cost of Living Index in Coronel
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Coronel Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Coronel

🇨🇱 Chile

/mo nomad

Meal at Budget Restaurant

$11.63 PAB 11.63

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

Cappuccino

$4.22 PAB 4.22

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

$2.01 PAB 2.01

Water (0.33 liter bottle)

$1.56 PAB 1.56

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

Milk (1 liter)

$1.85 PAB 1.85

White Bread (500g)

$2.56 PAB 2.56

Rice (white) (1kg)

$3.48 PAB 3.48

Eggs

$2.69 PAB 2.69

Local Cheese (1kg)

$12.57 PAB 12.57

Chicken Fillets (1kg)

$6.83 PAB 6.83

Beef Round Steak (1kg)

$10.58 PAB 10.58

Apples (1kg)

$4.18 PAB 4.18

Banana (1kg)

$1.83 PAB 1.83

Oranges (1kg)

$4.20 PAB 4.20

Tomato (1kg)

$4.03 PAB 4.03

Potato (1kg)

$3.48 PAB 3.48

Onion (1kg)

$4.22 PAB 4.22

Lettuce (1 head)

$2.41 PAB 2.41

Water (1.5 liter bottle)

$1.69 PAB 1.69

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

Wine (Bottle)

$11.30 PAB 11.30

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

Gasoline (1 liter)

$1.25 PAB 1.25

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

$21.2K PAB 21.2K

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

$21.0K PAB 21.0K

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

$130 PAB 130

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

$28.13 PAB 28.13

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

Gym Membership (Monthly)

$45.78 PAB 45.78

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$8.67 PAB 8.67

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

$544 PAB 544

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

Men's Leather Business Shoes

$112 PAB 112

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

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

Last update for Panama City: October 10, 2026

Last update for Coronel: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Panama City

$875 47.2%

Coronel

- * 0% 100%

Groceries & Markets

Panama City

$325 17.5%

Coronel

- * 0% 100%

Eating Out

Panama City

$207 11.1%

Coronel

- * 0% 100%

Monthly Utilities & Internet

Panama City

$206 11.1%

Coronel

- * 0% 100%

Clothing & Footwear

Panama City

$145 7.8%

Coronel

- * 100% 100%

Sport & Entertainment

Panama City

$63 3.4%

Coronel

- * 0% 100%

Getting Around

Panama City

$34 1.9%

Coronel

- * 0% 100%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Good to know

🇵🇦 Panama City

🇨🇱 Coronel

🕒 Local time

05:17 5:17 AM

07:17 7:17 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

112,057

💱 Currency

Panamanian Balboa PAB B/.

Chilean Peso CLP $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.893 EUR

10,000 CLP = 10.15 USD

10,000 CLP = 9.07 EUR

Exchange rates and currency converter

CLP, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 15, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.893 EUR).

Chilean Peso exchange rates as of October 15, 2026: 1 USD = 985 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,103 CLP (10,000 CLP = 9.07 EUR).

USD to PAB in detail →

On the map

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Between locations

Panama City Coronel 5,160 km ≈ 7 h nonstop flight

From you

Panama City
Coronel

Distances are measured in a straight line. Your location is detected approximately.

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 Coronel: Cost of Living - Frequently Asked Questions

Families tend to lean toward Coronel – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Coronel. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.