Last update: Oct 2026

Cost of Living Comparison Between Panama City and the Falkland Islands

Name: Falkland Islands
Address: FK

For one person, living is cheaper in Panama City: $1,837 a month against $2,879 in the Falkland Islands, rent and utilities included – about $12,500 less a year. Rent and utilities account for about half of the difference.

90

Cost of Living Index in Panama City
Learn more

Panama City Living Index
119

Cost of Living Index in the Falkland Islands
Learn more

Falkland Islands Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,837

/mo nomad

🇫🇰 Falkland Islands

$2,879

/mo nomad

🙂 Solo nomad: Panama City is 39.5% cheaper than the Falkland Islands without rent, and 36.2% cheaper with rent.

🙂 Family of 3: Panama City is 31.5% cheaper than the Falkland Islands without rent, and 35.1% cheaper with rent.

Meal at Budget Restaurant

$11.34 PAB 11.34

$26.82 FKP 20.25

-57.72%

Three-Course Dinner for Two, Mid-Range

$47.85 PAB 47.85

$78.8 FKP 59.5

-39.25%

Fast Food Meal (McDonalds, etc)

$8.07 PAB 8.07

Cappuccino

$4.02 PAB 4.02

$4.09 FKP 3.09

-1.71%

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

$1.94 PAB 1.94

$2.26 FKP 1.71

-14.16%

Water (0.33 liter bottle)

$1.62 PAB 1.62

$1.36 FKP 1.02

19.12%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$4.07 FKP 3.07

-19.90%

Imported Beer (0.33 liter bottle)

$3.99 PAB 3.99

$2.55 FKP 1.92

56.47%

Milk (1 liter)

$1.83 PAB 1.83

$2.19 FKP 1.65

-16.44%

White Bread (500g)

$2.57 PAB 2.57

$2.99 FKP 2.25

-14.05%

Rice (white) (1kg)

$3.33 PAB 3.33

$0.89 FKP 0.67

274.16%

Eggs

$2.69 PAB 2.69

$7.11 FKP 5.37

-62.17%

Local Cheese (1kg)

$12.33 PAB 12.33

$2.99 FKP 2.26

312.37%

Chicken Fillets (1kg)

$6.69 PAB 6.69

$9.31 FKP 7.03

-28.14%

Beef Round Steak (1kg)

$10.40 PAB 10.40

$11.60 FKP 8.76

-10.34%

Apples (1kg)

$4.16 PAB 4.16

$9.11 FKP 6.88

-54.34%

Banana (1kg)

$1.84 PAB 1.84

$5.37 FKP 4.06

-65.74%

Oranges (1kg)

$4.18 PAB 4.18

$10.65 FKP 8.04

-60.75%

Tomato (1kg)

$4.08 PAB 4.08

$8.01 FKP 6.05

-49.06%

Potato (1kg)

$3.50 PAB 3.50

$3.15 FKP 2.38

11.11%

Onion (1kg)

$4.37 PAB 4.37

$0.70 FKP 0.53

524.29%

Lettuce (1 head)

$2.34 PAB 2.34

$4.29 FKP 3.24

-45.45%

Water (1.5 liter bottle)

$1.75 PAB 1.75

Cigarettes 20 Pack (Marlboro, Camel)

$6.06 PAB 6.06

$16.42 FKP 12.40

-63.09%

Wine (Bottle)

$11.72 PAB 11.72

$11.74 FKP 8.86

-0.17%

Local Beer (0.5 liter bottle)

$1.37 PAB 1.37

Imported Beer (0.33 liter bottle)

$2.84 PAB 2.84

$2.31 FKP 1.75

22.94%

One-way Ticket (Public Transport)

$0.36 PAB 0.36

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$6.63 FKP 5.01

-61.99%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

Gasoline (1 liter)

$1.25 PAB 1.25

$1.59 FKP 1.20

-21.38%

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

$21.5K PAB 21.5K

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

$21.2K PAB 21.2K

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

$131 PAB 131

$382 FKP 288

-65.66%

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

$27.68 PAB 27.68

$74.8 FKP 56.4

-62.97%

Internet (50+ Mbps, Unlimited Data)

$48.59 PAB 48.59

$449 FKP 339

-89.19%

Gym Membership (Monthly)

$46.11 PAB 46.11

$22.25 FKP 16.80

107.24%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

Cinema Ticket

$8.73 PAB 8.73

$12.24 FKP 9.24

-28.68%

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

$551 PAB 551

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

Jeans (Levis 501 Or Similar)

$67.6 PAB 67.6

$111 FKP 83.6

-38.95%

Summer Dress (H&M, Zara, etc)

$48.03 PAB 48.03

$91.8 FKP 69.3

-47.69%

Sport Shoes (Adidas, Nike)

$94.9 PAB 94.9

$156 FKP 118

-39.06%

Men's Leather Business Shoes

$113 PAB 113

$105 FKP 79.4

7.47%

1-bedroom Apartment, City Center (Monthly)

$1,238 PAB 1,238

$1,472 FKP 1,112

-15.93%

1-bedroom Apartment, Outside City Center (Monthly)

$873 PAB 873

$1,077 FKP 813

-18.90%

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

$2,624 FKP 1,981

-16.27%

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

$2,348 FKP 1,773

-34.48%

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

Average Monthly Net Salary (After Tax)

$934 PAB 934

$3,986 FKP 3,010

-76.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

7.75

-17.55%

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

Last update for Panama City: October 3, 2026

Last update for the Falkland Islands: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$873 47.2%

Falkland Islands

$1.1K 36.6% 23.3% $203

Groceries & Markets

Panama City

$324 17.5%

Falkland Islands

$391 * 13.3% 20.5% $66

Monthly Utilities & Internet

Panama City

$207 11.2%

Falkland Islands

$906 30.8% 337% $699

Eating Out

Panama City

$202 10.9%

Falkland Islands

$304 * 10.3% 50.5% $102

Clothing & Footwear

Panama City

$146 7.9%

Falkland Islands

$209 7.1% 43.2% $63

Sport & Entertainment

Panama City

$64 3.4%

Falkland Islands

$47 1.6% 26.5% $17

Getting Around

Panama City

$34 1.8%

Falkland Islands

$6.6 * 0.2% 80.4% $27

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

Good to know

🇵🇦 Panama City

🇫🇰 Falkland Islands

🕒 Local time

04:58 4:58 AM

06:58 6:58 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

4,550

💱 Currency

Panamanian Balboa PAB B/.

Falkland Islands Pound FKP £

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

1 FKP = 1.32 USD

1 FKP = 1.18 EUR

Exchange rates and currency converter

FKP, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

Falkland Islands Pound exchange rates as of October 10, 2026: 1 USD = 0.755 FKP (1 FKP = 1.32 USD). 1 EUR = 0.846 FKP (1 FKP = 1.18 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Falkland Islands 7,060 km ≈ 9 h nonstop flight

From you

Panama City
Falkland Islands

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

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