Last update: Oct 2026

Cost of Living Comparison Between Panama City and San Pedro de Ycuamandiyú

For one person, living is cheaper in San Pedro de Ycuamandiyú: $580 a month against $1,857 in Panama City, rent and utilities included – about $15,300 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
28

Cost of Living Index in San Pedro de Ycuamandiyú
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San Pedro de Ycuamandiyú Living Index

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Panama City

🇵🇦 Panama

$1,857

/mo nomad

San Pedro de Ycuamandiyú

🇵🇾 Paraguay

$580

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in San Pedro de Ycuamandiyú

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 San Pedro de Ycuamandiyú actually costs, broken down by who's living it.

A single person spends $1,857 per month in Panama City vs $580 in San Pedro de Ycuamandiyú, rent included.

Panama City $1,857
San Pedro de Ycuamandiyú $580

A couple spends around $2,815 per month in Panama City vs $940 in San Pedro de Ycuamandiyú, rent included.

Panama City $2,815
San Pedro de Ycuamandiyú $940

A family of three spends $3,773 per month in Panama City vs $1,301 in San Pedro de Ycuamandiyú, rent included.

Panama City $3,773
San Pedro de Ycuamandiyú $1,301

Panama City costs about 220% more than San Pedro de Ycuamandiyú, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while San Pedro de Ycuamandiyú is 57% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.68 PAB 11.68

$4.30 ₲24.4K

171.63%

Three-Course Dinner for Two, Mid-Range

$47.76 PAB 47.76

$26.54 ₲150.9K

79.95%

Fast Food Meal (McDonalds, etc)

$8.12 PAB 8.12

$7.05 ₲40.1K

15.18%

Cappuccino

$4.23 PAB 4.23

$3.40 ₲19.3K

24.41%

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

$1.92 PAB 1.92

$1.07 ₲6,079

79.44%

Water (0.33 liter bottle)

$1.58 PAB 1.58

$0.62 ₲3,516

154.84%

Local Beer (0.5 liter draught)

$3.31 PAB 3.31

$1.91 ₲10.8K

73.30%

Imported Beer (0.33 liter bottle)

$3.98 PAB 3.98

$1.80 ₲10.3K

121.11%

Milk (1 liter)

$1.92 PAB 1.92

$0.96 ₲5,454

100.00%

White Bread (500g)

$2.63 PAB 2.63

$1.54 ₲8,784

70.78%

Rice (white) (1kg)

$3.39 PAB 3.39

$1.36 ₲7,706

149.26%

Eggs

$2.67 PAB 2.67

$1.93 ₲11.0K

38.34%

Local Cheese (1kg)

$12.21 PAB 12.21

$4.28 ₲24.3K

185.28%

Chicken Fillets (1kg)

$6.91 PAB 6.91

$5.42 ₲30.8K

27.49%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$7.02 ₲39.9K

50.71%

Apples (1kg)

$4.16 PAB 4.16

$3.08 ₲17.5K

35.06%

Banana (1kg)

$1.97 PAB 1.97

$1.32 ₲7,510

49.24%

Oranges (1kg)

$4.06 PAB 4.06

$1.25 ₲7,104

224.80%

Tomato (1kg)

$4.18 PAB 4.18

$2.55 ₲14.5K

63.92%

Potato (1kg)

$3.47 PAB 3.47

$1.41 ₲8,008

146.10%

Onion (1kg)

$4.26 PAB 4.26

$1.36 ₲7,748

213.24%

Lettuce (1 head)

$2.44 PAB 2.44

$0.87 ₲4,962

180.46%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$0.73 ₲4,173

131.51%

Cigarettes 20 Pack (Marlboro, Camel)

$5.83 PAB 5.83

$2.31 ₲13.1K

152.38%

Wine (Bottle)

$11.43 PAB 11.43

$9.44 ₲53.7K

21.08%

Local Beer (0.5 liter bottle)

$1.38 PAB 1.38

$1.35 ₲7,679

2.22%

Imported Beer (0.33 liter bottle)

$2.76 PAB 2.76

$1.74 ₲9,909

58.62%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$0.90 ₲5,091

-63.33%

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

$1.47 ₲8,372

73.47%

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

$1.62 ₲9,196

9.88%

Taxi 1hour Waiting (Normal Tariff)

$22.17 PAB 22.17

$10.72 ₲60.9K

106.81%

Gasoline (1 liter)

$1.24 PAB 1.24

$1.03 ₲5,860

20.39%

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

$24.4K PAB 24.4K

$17.4K ₲99.2M

39.97%

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

$21.3K PAB 21.3K

$35.3K ₲200.9M

-39.72%

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

$131 PAB 131

$50.5 ₲287.1K

159.98%

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

$27.83 PAB 27.83

$17.99 ₲102.3K

54.70%

Internet (50+ Mbps, Unlimited Data)

$49.32 PAB 49.32

$22.19 ₲126.2K

122.26%

Gym Membership (Monthly)

$45.69 PAB 45.69

$17.52 ₲99.6K

160.79%

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$8.47 PAB 8.47

$8.53 ₲48.5K

-0.70%

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

$553 PAB 553

$189 ₲1.1M

192.96%

International Primary School, 1 Child (Yearly)

$9,719 PAB 9,719

$5,931 ₲33.7M

63.86%

Jeans (Levis 501 Or Similar)

$66.4 PAB 66.4

$64.4 ₲366.3K

3.14%

Summer Dress (H&M, Zara, etc)

$47.39 PAB 47.39

$58.2 ₲330.7K

-18.50%

Sport Shoes (Adidas, Nike)

$95.7 PAB 95.7

$109 ₲618.8K

-12.11%

Men's Leather Business Shoes

$113 PAB 113

$72.8 ₲413.7K

54.83%

1-bedroom Apartment, City Center (Monthly)

$1,322 PAB 1,322

1-bedroom Apartment, Outside City Center (Monthly)

$874 PAB 874

3-bedroom Apartment, City Center (Monthly)

$2,153 PAB 2,153

$261 ₲1.5M

724.59%

3-bedroom Apartment, Outside City Center (Monthly)

$1,580 PAB 1,580

Buy Apartment in City Center (m2)

$3,097 PAB 3,097

Buy Apartment Outside City Center (m2)

$1,698 PAB 1,698

Average Monthly Net Salary (After Tax)

$914 PAB 914

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

10.5

-39.14%

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

Last update for Panama City: October 20, 2026

Last update for San Pedro de Ycuamandiyú: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$874 47.1%

San Pedro de Ycuamandiyú

- * 0% 100%

Groceries & Markets

Panama City

$327 17.6%

San Pedro de Ycuamandiyú

$189 32.5% 42.2% $138

Monthly Utilities & Internet

Panama City

$208 11.2%

San Pedro de Ycuamandiyú

$91 15.6% 56.5% $118

Eating Out

Panama City

$207 11.2%

San Pedro de Ycuamandiyú

$116 20% 43.9% $91

Clothing & Footwear

Panama City

$145 7.8%

San Pedro de Ycuamandiyú

$137 23.6% 5.6% $8.1

Sport & Entertainment

Panama City

$63 3.4%

San Pedro de Ycuamandiyú

$35 6% 44.8% $28

Getting Around

Panama City

$33 1.8%

San Pedro de Ycuamandiyú

$13 * 2.3% 60.7% $20

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

Cost Breakdown

A mid-range dinner for two costs $48.00 in Panama City versus $27.00 in San Pedro de Ycuamandiyú. Monthly groceries follow the same trend: $327 vs $189 – making San Pedro de Ycuamandiyú the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇵🇾 San Pedro de Ycuamandiyú

🕒 Local time

20:59 8:59 PM

22:59 10:59 PM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

11,548

💱 Currency

Panamanian Balboa PAB B/.

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

Exchange rates and currency converter

PYG, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 21, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Paraguayan Guarani exchange rates as of October 21, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City San Pedro de Ycuamandiyú 4,410 km ≈ 6 h nonstop flight

From you

Panama City
San Pedro de Ycuamandiyú

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 San Pedro de Ycuamandiyú: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 220%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,786 per month in Panama City and $870 in San Pedro de Ycuamandiyú. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,857 in Panama City and $580 in San Pedro de Ycuamandiyú. That's a gap of about 220%.

Kindergarten costs $553 per month in Panama City and $189 in San Pedro de Ycuamandiyú. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in San Pedro de Ycuamandiyú, where all-in costs run around $580, than in Panama City at $1,857. In San Pedro de Ycuamandiyú it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward San Pedro de Ycuamandiyú – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with San Pedro de Ycuamandiyú. 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.