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

😐 Solo nomad: Panama City is 54% more expensive than David without rent, and 82.7% more expensive with rent.
😐 Family of 3: Panama City is 70.7% more expensive than David without rent, and 178.4% more expensive with rent.
Currency
🍽 Eating Out
Panama City
David
Difference
Meal at Budget Restaurant
$9.95 PAB 9.95
$5.02 PAB 5.02
98.21%
Three-Course Dinner for Two, Mid-Range
$49.92 PAB 49.92
$35.49 PAB 35.49
40.66%
Fast Food Meal (McDonalds, etc)
$8.01 PAB 8.01
$6.64 PAB 6.64
20.63%
Cappuccino
$3.66 PAB 3.66
$2.74 PAB 2.74
33.58%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.72 PAB 1.72
$1.43 PAB 1.43
20.28%
Water (0.33 liter bottle)
$1.38 PAB 1.38
$1.39 PAB 1.39
-0.72%
Local Beer (0.5 liter draught)
$2.92 PAB 2.92
$1.53 PAB 1.53
90.85%
Imported Beer (0.33 liter bottle)
$4.08 PAB 4.08
$2.21 PAB 2.21
84.62%
🛒 Groceries & Markets
Panama City
David
Difference
Milk (1 liter)
$1.91 PAB 1.91
$1.71 PAB 1.71
11.70%
White Bread (500g)
$2.46 PAB 2.46
$2.10 PAB 2.10
17.14%
Rice (white) (1kg)
$2.41 PAB 2.41
$2.47 PAB 2.47
-2.43%
Eggs
$2.82 PAB 2.82
$1.95 PAB 1.95
44.62%
Local Cheese (1kg)
$11.49 PAB 11.49
$5.58 PAB 5.58
105.91%
Chicken Fillets (1kg)
$7.24 PAB 7.24
$10.98 PAB 10.98
-34.06%
Beef Round Steak (1kg)
$9.90 PAB 9.90
$2.76 PAB 2.76
258.70%
Apples (1kg)
$3.38 PAB 3.38
$7.56 PAB 7.56
-55.29%
Banana (1kg)
$1.48 PAB 1.48
-
-
Oranges (1kg)
$2.87 PAB 2.87
-
-
Tomato (1kg)
$3.23 PAB 3.23
-
-
Potato (1kg)
$2.30 PAB 2.30
-
-
Onion (1kg)
$2.89 PAB 2.89
$2.59 PAB 2.59
11.58%
Lettuce (1 head)
$2.22 PAB 2.22
$1.37 PAB 1.37
62.04%
Water (1.5 liter bottle)
$1.59 PAB 1.59
$2.56 PAB 2.56
-37.89%
Cigarettes 20 Pack (Marlboro, Camel)
$6.09 PAB 6.09
-
-
Wine (Bottle)
$9.83 PAB 9.83
$9.81 PAB 9.81
0.20%
Local Beer (0.5 liter bottle)
$1.26 PAB 1.26
-
-
Imported Beer (0.33 liter bottle)
$2.46 PAB 2.46
-
-
🚌 Getting Around
Panama City
David
Difference
One-way Ticket (Public Transport)
$0.41 PAB 0.41
$0.72 PAB 0.72
-43.06%
Public Transport Monthly Pass (Regular Price)
$22.67 PAB 22.67
-
-
Taxi Start (Normal Tariff)
$2.56 PAB 2.56
$2.96 PAB 2.96
-13.51%
Taxi (Normal Tariff) (1km)
$1.78 PAB 1.78
$2.05 PAB 2.05
-13.17%
Taxi 1hour Waiting (Normal Tariff)
$22.26 PAB 22.26
-
-
Gasoline (1 liter)
$0.93 PAB 0.93
$0.97 PAB 0.97
-4.12%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.5K PAB 19.5K
$24.7K PAB 24.7K
-20.95%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.2K PAB 20.2K
$29.5K PAB 29.5K
-31.43%
🧾 Monthly Utilities & Internet
Panama City
David
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$125 PAB 125
$177 PAB 177
-29.52%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$30.03 PAB 30.03
$27.81 PAB 27.81
7.98%
Internet (50+ Mbps, Unlimited Data)
$48.56 PAB 48.56
$43.21 PAB 43.21
12.38%
🎉 Sport & Entertainment
Panama City
David
Difference
Gym Membership (Monthly)
$46.20 PAB 46.20
$30.79 PAB 30.79
50.05%
Tennis Court (1 Hour on Weekend)
$32.29 PAB 32.29
-
-
Cinema Ticket
$7.96 PAB 7.96
-
-
🧸 Childcare & Education
Panama City
David
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$474 PAB 474
-
-
International Primary School, 1 Child (Yearly)
$15.8K PAB 15.8K
$6,014 PAB 6,014
162.64%
👕👟 Clothing & Footwear
Panama City
David
Difference
Jeans (Levis 501 Or Similar)
$51.9 PAB 51.9
-
-
Summer Dress (H&M, Zara, etc)
$46.99 PAB 46.99
-
-
Sport Shoes (Adidas, Nike)
$89.0 PAB 89.0
-
-
Men's Leather Business Shoes
$120 PAB 120
-
-
🏠 Accommodation & Living
Panama City
David
Difference
1-bedroom Apartment, City Center (Monthly)
$1,146 PAB 1,146
$355 PAB 355
223.01%
1-bedroom Apartment, Outside City Center (Monthly)
$884 PAB 884
$346 PAB 346
155.21%
3-bedroom Apartment, City Center (Monthly)
$2,014 PAB 2,014
-
-
3-bedroom Apartment, Outside City Center (Monthly)
$1,586 PAB 1,586
-
-
Buy Apartment in City Center (m2)
$3,112 PAB 3,112
-
-
Buy Apartment Outside City Center (m2)
$1,734 PAB 1,734
-
-
💵 Salaries & Financials
Panama City
David
Difference
Average Monthly Net Salary (After Tax)
$873 PAB 873
$589 PAB 589
48.28%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.23
7
-11.00%

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

Last update for Panama City: January 12, 2026

Last update for David: January 12, 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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