Last update: Oct 2026

Cost of Living Comparison Between Panama City and Itaquaquecetuba

For one person, living is cheaper in Itaquaquecetuba: $883 a month against $1,857 in Panama City, rent and utilities included – about $11,700 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
43

Cost of Living Index in Itaquaquecetuba
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Itaquaquecetuba Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Itaquaquecetuba

🇧🇷 Brazil

$883

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Itaquaquecetuba

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 Itaquaquecetuba actually costs, broken down by who's living it.

A single person spends $1,857 per month in Panama City vs $883 in Itaquaquecetuba, rent included.

Panama City $1,857
Itaquaquecetuba $883

A couple spends around $2,815 per month in Panama City vs $1,403 in Itaquaquecetuba, rent included.

Panama City $2,815
Itaquaquecetuba $1,403

A family of three spends $3,773 per month in Panama City vs $1,923 in Itaquaquecetuba, rent included.

Panama City $3,773
Itaquaquecetuba $1,923

Panama City costs about 110% more than Itaquaquecetuba, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while Itaquaquecetuba is 35% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.68 PAB 11.68

$6.13 R$31.06

90.54%

Three-Course Dinner for Two, Mid-Range

$47.76 PAB 47.76

$32.63 R$165

46.37%

Fast Food Meal (McDonalds, etc)

$8.12 PAB 8.12

$7.97 R$40.40

1.88%

Cappuccino

$4.23 PAB 4.23

$1.99 R$10.09

112.56%

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

$1.92 PAB 1.92

$1.33 R$6.73

44.36%

Water (0.33 liter bottle)

$1.58 PAB 1.58

$0.75 R$3.81

110.67%

Local Beer (0.5 liter draught)

$3.31 PAB 3.31

$2.05 R$10.41

61.46%

Imported Beer (0.33 liter bottle)

$3.98 PAB 3.98

$3.08 R$15.64

29.22%

Milk (1 liter)

$1.92 PAB 1.92

$1.06 R$5.36

81.13%

White Bread (500g)

$2.63 PAB 2.63

$1.74 R$8.84

51.15%

Rice (white) (1kg)

$3.39 PAB 3.39

$1.30 R$6.61

160.77%

Eggs

$2.67 PAB 2.67

$2.17 R$10.98

23.04%

Local Cheese (1kg)

$12.21 PAB 12.21

$9.60 R$48.66

27.19%

Chicken Fillets (1kg)

$6.91 PAB 6.91

$4.37 R$22.17

58.12%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$8.81 R$44.68

20.09%

Apples (1kg)

$4.16 PAB 4.16

$2.17 R$11.02

91.71%

Banana (1kg)

$1.97 PAB 1.97

$1.25 R$6.35

57.60%

Oranges (1kg)

$4.06 PAB 4.06

$1.23 R$6.25

230.08%

Tomato (1kg)

$4.18 PAB 4.18

$1.53 R$7.77

173.20%

Potato (1kg)

$3.47 PAB 3.47

$1.26 R$6.41

175.40%

Onion (1kg)

$4.26 PAB 4.26

$1.11 R$5.64

283.78%

Lettuce (1 head)

$2.44 PAB 2.44

$0.83 R$4.22

193.98%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$0.82 R$4.18

106.10%

Cigarettes 20 Pack (Marlboro, Camel)

$5.83 PAB 5.83

$2.54 R$12.87

129.53%

Wine (Bottle)

$11.43 PAB 11.43

$8.18 R$41.45

39.73%

Local Beer (0.5 liter bottle)

$1.38 PAB 1.38

$1.28 R$6.48

7.81%

Imported Beer (0.33 liter bottle)

$2.76 PAB 2.76

$2.08 R$10.53

32.69%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$1.04 R$5.28

-68.27%

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

$43.41 R$220

-52.48%

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

$1.27 R$6.46

100.79%

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

$0.91 R$4.62

95.60%

Taxi 1hour Waiting (Normal Tariff)

$22.17 PAB 22.17

$8.17 R$41.41

171.36%

Gasoline (1 liter)

$1.24 PAB 1.24

$1.25 R$6.35

-0.80%

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

$24.4K PAB 24.4K

$23.6K R$119.4K

3.63%

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

$21.3K PAB 21.3K

$32.7K R$165.8K

-34.90%

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

$131 PAB 131

$75.8 R$384

73.25%

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

$27.83 PAB 27.83

$12.26 R$62.2

127.00%

Internet (50+ Mbps, Unlimited Data)

$49.32 PAB 49.32

$20.90 R$106

135.98%

Gym Membership (Monthly)

$45.69 PAB 45.69

$25.88 R$131

76.55%

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

$27.93 R$142

22.09%

Cinema Ticket

$8.47 PAB 8.47

$7.23 R$36.68

17.15%

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

$553 PAB 553

$276 R$1,397

100.81%

International Primary School, 1 Child (Yearly)

$9,719 PAB 9,719

$7,098 R$36.0K

36.91%

Jeans (Levis 501 Or Similar)

$66.4 PAB 66.4

$56.6 R$287

17.45%

Summer Dress (H&M, Zara, etc)

$47.39 PAB 47.39

$49.82 R$253

-4.88%

Sport Shoes (Adidas, Nike)

$95.7 PAB 95.7

$88.7 R$449

7.87%

Men's Leather Business Shoes

$113 PAB 113

$71.8 R$364

56.97%

1-bedroom Apartment, City Center (Monthly)

$1,322 PAB 1,322

$359 R$1,820

268.26%

1-bedroom Apartment, Outside City Center (Monthly)

$874 PAB 874

$243 R$1,232

259.86%

3-bedroom Apartment, City Center (Monthly)

$2,153 PAB 2,153

$672 R$3,405

220.54%

3-bedroom Apartment, Outside City Center (Monthly)

$1,580 PAB 1,580

$465 R$2,355

240.22%

Buy Apartment in City Center (m2)

$3,097 PAB 3,097

$1,708 R$8,658

81.36%

Buy Apartment Outside City Center (m2)

$1,698 PAB 1,698

$1,206 R$6,113

40.83%

Average Monthly Net Salary (After Tax)

$914 PAB 914

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

-41.91%

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

Last update for Panama City: October 20, 2026

Last update for Itaquaquecetuba: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$874 47.1%

Itaquaquecetuba

$243 27.5% 72.2% $631

Groceries & Markets

Panama City

$327 17.6%

Itaquaquecetuba

$196 22.2% 40% $131

Monthly Utilities & Internet

Panama City

$208 11.2%

Itaquaquecetuba

$109 12.3% 47.7% $100

Eating Out

Panama City

$207 11.2%

Itaquaquecetuba

$122 13.8% 41.3% $85

Clothing & Footwear

Panama City

$145 7.8%

Itaquaquecetuba

$120 13.6% 17.2% $25

Sport & Entertainment

Panama City

$63 3.4%

Itaquaquecetuba

$40 4.6% 35.6% $22

Getting Around

Panama City

$33 1.8%

Itaquaquecetuba

$53 6.1% 59.8% $20

Cost Breakdown

A central one-bedroom costs $1,322 in Panama City versus $359 in Itaquaquecetuba. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $48.00 in Panama City versus $33.00 in Itaquaquecetuba. Monthly groceries follow the same trend: $327 vs $196 – making Itaquaquecetuba the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇧🇷 Itaquaquecetuba

🕒 Local time

12:14 12:14 PM

14:14 2:14 PM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

369,275

💱 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 20, 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 20, 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 Itaquaquecetuba 5,100 km ≈ 7 h nonstop flight

From you

Panama City
Itaquaquecetuba

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 Itaquaquecetuba: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,857 in Panama City, $883 in Itaquaquecetuba – roughly 110% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,786 per month in Panama City and $1,325 in Itaquaquecetuba. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 110% less in Itaquaquecetuba. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $553 per month in Panama City and $276 in Itaquaquecetuba. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Itaquaquecetuba, where all-in costs run around $883, than in Panama City at $1,857. In Itaquaquecetuba 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 $883 in Itaquaquecetuba to $1,857 in Panama City. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Itaquaquecetuba. 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.