Last update: Oct 2026

Cost of Living Comparison Between Panama City and Foz do Iguaçu

For one person, living is cheaper in Foz do Iguaçu: $910 a month against $1,855 in Panama City, rent and utilities included – about $11,300 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
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Panama City Living Index
44

Cost of Living Index in Foz do Iguaçu
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Foz do Iguaçu Living Index

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Panama City

🇵🇦 Panama

$1,855

/mo nomad

Foz do Iguaçu

🇧🇷 Brazil

$910

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Foz do Iguaçu

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Panama City and in Foz do Iguaçu actually costs, broken down by who's living it.

A single person spends $1,855 per month in Panama City vs $910 in Foz do Iguaçu, rent included.

Panama City $1,855
Foz do Iguaçu $910

A couple spends around $2,804 per month in Panama City vs $1,390 in Foz do Iguaçu, rent included.

Panama City $2,804
Foz do Iguaçu $1,390

A family of three spends $3,753 per month in Panama City vs $1,870 in Foz do Iguaçu, rent included.

Panama City $3,753
Foz do Iguaçu $1,870

Panama City costs about 104% more than Foz do Iguaçu, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while Foz do Iguaçu is 33% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.63 PAB 11.63

$6.08 R$30.80

91.28%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$40.68 R$206

17.80%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$7.11 R$36.04

11.95%

Cappuccino

$4.22 PAB 4.22

$1.90 R$9.65

122.11%

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

$2.01 PAB 2.01

$1.38 R$6.98

45.65%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$0.58 R$2.94

168.97%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$1.64 R$8.32

106.71%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$2.99 R$15.15

31.77%

Milk (1 liter)

$1.85 PAB 1.85

$0.95 R$4.81

94.74%

White Bread (500g)

$2.56 PAB 2.56

$1.51 R$7.64

69.54%

Rice (white) (1kg)

$3.48 PAB 3.48

$1.70 R$8.62

104.71%

Eggs

$2.69 PAB 2.69

$2.69 R$13.66

Local Cheese (1kg)

$12.57 PAB 12.57

$8.04 R$40.74

56.34%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$4.11 R$20.85

66.18%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$8.43 R$42.72

25.50%

Apples (1kg)

$4.18 PAB 4.18

$2.15 R$10.90

94.42%

Banana (1kg)

$1.83 PAB 1.83

$1.19 R$6.02

53.78%

Oranges (1kg)

$4.20 PAB 4.20

$0.97 R$4.92

332.99%

Tomato (1kg)

$4.03 PAB 4.03

$1.17 R$5.91

244.44%

Potato (1kg)

$3.48 PAB 3.48

$0.97 R$4.94

258.76%

Onion (1kg)

$4.22 PAB 4.22

$1.09 R$5.51

287.16%

Lettuce (1 head)

$2.41 PAB 2.41

$0.88 R$4.47

173.86%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$0.88 R$4.47

92.05%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$2.95 R$14.94

108.14%

Wine (Bottle)

$11.30 PAB 11.30

$8.03 R$40.72

40.72%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$1.89 R$9.56

-24.87%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$2.99 R$15.18

-8.70%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$0.97 R$4.92

-65.98%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

$52.4 R$266

-59.48%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$1.02 R$5.16

147.06%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$1.44 R$7.28

29.17%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

Gasoline (1 liter)

$1.25 PAB 1.25

$1.24 R$6.30

0.81%

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

$21.2K PAB 21.2K

$20.3K R$103.1K

4.40%

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

$72.2 R$366

79.91%

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

$28.13 PAB 28.13

$19.15 R$97.1

46.89%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$20.40 R$103

136.32%

Gym Membership (Monthly)

$45.78 PAB 45.78

$19.97 R$101

129.24%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

$5.98 R$30.33

483.95%

Cinema Ticket

$8.67 PAB 8.67

$9.29 R$47.09

-6.67%

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

$544 PAB 544

$242 R$1,227

124.92%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$47.64 R$242

40.11%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$17.75 R$90.0

176.85%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$50.3 R$255

86.47%

Men's Leather Business Shoes

$112 PAB 112

$39.21 R$199

184.49%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$377 R$1,912

233.33%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$320 R$1,622

173.51%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$711 R$3,603

203.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$508 R$2,573

208.08%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$1,279 R$6,485

144.06%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$897 R$4,547

90.59%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$397 R$2,015

130.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

8.16

-21.69%

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

Last update for Panama City: October 10, 2026

Last update for Foz do Iguaçu: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Foz do Iguaçu

$320 35.2% 63.4% $555

Groceries & Markets

Panama City

$325 17.5%

Foz do Iguaçu

$190 20.9% 41.5% $135

Eating Out

Panama City

$207 11.1%

Foz do Iguaçu

$115 12.6% 44.5% $92

Monthly Utilities & Internet

Panama City

$206 11.1%

Foz do Iguaçu

$112 12.3% 45.8% $94

Clothing & Footwear

Panama City

$145 7.8%

Foz do Iguaçu

$70 7.7% 51.8% $75

Sport & Entertainment

Panama City

$63 3.4%

Foz do Iguaçu

$39 4.2% 38.9% $25

Getting Around

Panama City

$34 1.9%

Foz do Iguaçu

$64 7.1% 87.4% $30

Cost Breakdown

A central one-bedroom costs $1,257 in Panama City versus $377 in Foz do Iguaçu. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 130% higher in Panama City, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Panama City versus $41.00 in Foz do Iguaçu. Monthly groceries follow the same trend: $325 vs $190 – making Foz do Iguaçu the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇧🇷 Foz do Iguaçu

🕒 Local time

21:54 9:54 PM

23:54 11:54 PM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

285,415

💱 Currency

Panamanian Balboa PAB B/.

Brazilian Real BRL R$

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

Exchange rates and currency converter

BRL, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 19, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Brazilian Real exchange rates as of October 19, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Foz do Iguaçu 4,690 km ≈ 6 h nonstop flight

From you

Panama City
Foz do Iguaçu

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 Foz do Iguaçu: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,855 in Panama City, $910 in Foz do Iguaçu – roughly 104% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,783 per month in Panama City and $1,364 in Foz do Iguaçu. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Foz do Iguaçu, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $544 per month in Panama City and $242 in Foz do Iguaçu. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 71% more in Panama City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Foz do Iguaçu, where all-in costs run around $910, than in Panama City at $1,855. In Foz do Iguaçu it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $910 in Foz do Iguaçu to $1,855 in Panama City. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Foz do Iguaçu. 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.