😐Monthly costs for one person with rent: $1,862 in Panama City versus $1,331 in El Valle de Anton.
😐Estimated couple costs with rent: $2,727 in Panama City versus $2,063 in El Valle de Anton.
😐Monthly costs for a family of three with rent: $3,591 in Panama City versus $2,794 in El Valle de Anton.
🌍Living in Panama City is roughly 40% more expensive than in El Valle de Anton, driven mainly by Sport & Entertainment.
📊The two cities straddle the global median: Panama City is 35% above, El Valle de Anton is 3% below.
Currency
🍽 Eating Out
Panama City
El Valle de Anton
Difference
Meal at Budget Restaurant
$10.08PAB 10.08
$10.07PAB 10.07
0.10%
Three-Course Dinner for Two, Mid-Range
$44.52PAB 44.52
$44.14PAB 44.14
0.86%
Fast Food Meal(McDonalds, etc)
$7.79PAB 7.79
$8.11PAB 8.11
-3.95%
Cappuccino
$3.98PAB 3.98
$4.12PAB 4.12
-3.40%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.94PAB 1.94
$1.99PAB 1.99
-2.51%
Water(0.33 liter bottle)
$1.58PAB 1.58
$1.49PAB 1.49
6.04%
Local Beer(0.5 liter draught)
$3.03PAB 3.03
$3.09PAB 3.09
-1.94%
Imported Beer(0.33 liter bottle)
$4.02PAB 4.02
$4.06PAB 4.06
-0.99%
🛒 Groceries & Markets
Panama City
El Valle de Anton
Difference
Milk(1 liter)
$1.84PAB 1.84
$1.86PAB 1.86
-1.08%
White Bread(500g)
$2.43PAB 2.43
$2.46PAB 2.46
-1.22%
Rice(white)(1kg)
$3.10PAB 3.10
$3.12PAB 3.12
-0.64%
Eggs
$2.81PAB 2.81
$2.67PAB 2.67
5.24%
Local Cheese(1kg)
$12.54PAB 12.54
$12.42PAB 12.42
0.97%
Chicken Fillets(1kg)
$6.55PAB 6.55
$6.36PAB 6.36
2.99%
Beef Round Steak(1kg)
$10.25PAB 10.25
$10.44PAB 10.44
-1.82%
Apples(1kg)
$4.29PAB 4.29
$4.48PAB 4.48
-4.24%
Banana(1kg)
$1.75PAB 1.75
$1.68PAB 1.68
4.17%
Oranges(1kg)
$4.02PAB 4.02
$3.90PAB 3.90
3.08%
Tomato(1kg)
$4.06PAB 4.06
$4.00PAB 4.00
1.50%
Potato(1kg)
$3.10PAB 3.10
$3.13PAB 3.13
-0.96%
Onion(1kg)
$4.45PAB 4.45
$4.50PAB 4.50
-1.11%
Lettuce(1 head)
$2.25PAB 2.25
$2.16PAB 2.16
4.17%
Water(1.5 liter bottle)
$1.73PAB 1.73
$1.70PAB 1.70
1.76%
Cigarettes 20 Pack(Marlboro, Camel)
$6.06PAB 6.06
$5.97PAB 5.97
1.51%
Wine(Bottle)
$10.95PAB 10.95
$11.03PAB 11.03
-0.73%
Local Beer(0.5 liter bottle)
$1.37PAB 1.37
$1.43PAB 1.43
-4.20%
Imported Beer(0.33 liter bottle)
$2.76PAB 2.76
$2.70PAB 2.70
2.22%
🚌 Getting Around
Panama City
El Valle de Anton
Difference
One-way Ticket(Public Transport)
$0.34PAB 0.34
-
-
Public Transport Monthly Pass(Regular Price)
$21.16PAB 21.16
-
-
Taxi Start(Normal Tariff)
$2.47PAB 2.47
$2.56PAB 2.56
-3.52%
Taxi(Normal Tariff)(1km)
$1.77PAB 1.77
$1.76PAB 1.76
0.57%
Taxi 1hour Waiting(Normal Tariff)
$22.29PAB 22.29
$21.78PAB 21.78
2.34%
Gasoline(1 liter)
$1.16PAB 1.16
$1.21PAB 1.21
-4.13%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.0KPAB 21.0K
$20.9KPAB 20.9K
0.70%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.0KPAB 21.0K
$21.2KPAB 21.2K
-0.96%
🧾 Monthly Utilities & Internet
Panama City
El Valle de Anton
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$129PAB 129
$132PAB 132
-2.43%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$29.00PAB 29.00
$28.38PAB 28.38
2.18%
Internet(50+ Mbps, Unlimited Data)
$47.99PAB 47.99
$47.83PAB 47.83
0.33%
🎉 Sport & Entertainment
Panama City
El Valle de Anton
Difference
Gym Membership(Monthly)
$47.57PAB 47.57
-
-
Tennis Court(1 Hour on Weekend)
$33.90PAB 33.90
-
-
Cinema Ticket
$7.93PAB 7.93
$7.80PAB 7.80
1.67%
🧸 Childcare & Education
Panama City
El Valle de Anton
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$553PAB 553
$538PAB 538
2.85%
International Primary School, 1 Child(Yearly)
$9,520PAB 9,520
$9,452PAB 9,452
0.72%
👕👟 Clothing & Footwear
Panama City
El Valle de Anton
Difference
Jeans(Levis 501 Or Similar)
$60.9PAB 60.9
$59.6PAB 59.6
2.17%
Summer Dress(H&M, Zara, etc)
$46.58PAB 46.58
$46.39PAB 46.39
0.41%
Sport Shoes(Adidas, Nike)
$92.6PAB 92.6
$92.0PAB 92.0
0.66%
Men's Leather Business Shoes
$119PAB 119
$117PAB 117
1.48%
🏠 Accommodation & Living
Panama City
El Valle de Anton
Difference
1-bedroom Apartment, City Center(Monthly)
$1,296PAB 1,296
$571PAB 571
127.05%
1-bedroom Apartment, Outside City Center(Monthly)
$931PAB 931
$442PAB 442
110.74%
3-bedroom Apartment, City Center(Monthly)
$2,077PAB 2,077
$1,012PAB 1,012
105.23%
3-bedroom Apartment, Outside City Center(Monthly)
$1,468PAB 1,468
$869PAB 869
68.95%
Buy Apartment in City Center(m2)
$3,129PAB 3,129
-
-
Buy Apartment Outside City Center(m2)
$1,680PAB 1,680
-
-
💵 Salaries & Financials
Panama City
El Valle de Anton
Difference
Average Monthly Net Salary(After Tax)
$931PAB 931
-
-
20-Year Fixed Mortgage Interest Rate(Annual %)
6.39
6.39
-
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Panama City: September 5, 2026
Last update for El Valle de Anton: September 8, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $1,296 in Panama City and $571 in El Valle de Anton. Housing cost is often the main lever when comparing two cities.
🛒Dining out: $45.00 in Panama City vs $44.00 in El Valle de Anton for a mid-range dinner for two. Groceries echo the gap at $318 vs $317 per month, with El Valle de Anton cheaper across the board.
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 El Valle de Anton: Cost of Living - Frequently Asked Questions
Which city is more expensive, Panama City or El Valle de Anton?
El Valle de Anton wins on cost – living expenses run 40% lower than in Panama City. Housing and daily spending are where you'll feel the difference most, making El Valle de Anton the obvious pick if budget is a priority.
How much do you need to earn to live comfortably in Panama City and in El Valle de Anton?
You'd need roughly $2,793 in Panama City and $1,996 in El Valle de Anton to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.
How much does a 1-bedroom apartment cost in Panama City compared to El Valle de Anton?
Rent for a central apartment: $1,296 in Panama City versus $571 in El Valle de Anton. Housing is usually the single largest factor when comparing overall living costs between the two.
Are groceries more expensive in Panama City or in El Valle de Anton?
Supermarket bills run roughly 0% higher in Panama City. For households that cook at home regularly, that difference adds up over a month.
How much does it cost to live in Panama City compared to El Valle de Anton?
All in, you'll spend $1,862 per month in Panama City versus $1,331 in El Valle de Anton – a 40% gap that adds up to real savings over time for anyone picking the cheaper option.
Can you live on $1,000/month in Panama City or in El Valle de Anton?
At $1,331 in El Valle de Anton versus $1,862 in Panama City, a $1,000 budget is realistic in El Valle de Anton but tight or insufficient in Panama City. The gap between the two cities makes El Valle de Anton the clear choice for anyone on this budget.
Which city is better for digital nomads, Panama City or El Valle de Anton?
Both work as nomad bases, but El Valle de Anton delivers better value – similar infrastructure at $1,331 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes El Valle de Anton hard to pass up.
How safe is Panama City compared to El Valle de Anton?
Safety-wise, Panama City and El Valle de Anton are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is more affordable for expats?
Expats usually find El Valle de Anton gentler on the wallet – expenses run 40% less than in Panama City. Beyond cost, consider language, visa policies, and how big the international community is in each city.
Panama City vs other spots: cost of living compared