Cost of Living Comparison Between Panama City and Santiago Cost of Living Comparison Between Panama City and Santiago

😐 Solo nomad: Panama City is 19.9% more expensive than Santiago without rent, and 29.4% more expensive with rent.

😐 Family of 3: Panama City is 46.2% more expensive than Santiago without rent, and 37.7% more expensive with rent.

Meal at Budget Restaurant

$10.17 PAB 10.17

$4.39 PAB 4.39

131.66%

Three-Course Dinner for Two, Mid-Range

$50.4 PAB 50.4

$30.38 PAB 30.38

66.03%

Fast Food Meal (McDonalds, etc)

$7.88 PAB 7.88

$4.92 PAB 4.92

60.16%

Cappuccino

$3.71 PAB 3.71

$3.67 PAB 3.67

1.09%

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

$1.64 PAB 1.64

$0.67 PAB 0.67

144.78%

Water (0.33 liter bottle)

$1.33 PAB 1.33

$0.81 PAB 0.81

64.20%

Local Beer (0.5 liter draught)

$2.95 PAB 2.95

$0.97 PAB 0.97

204.12%

Imported Beer (0.33 liter bottle)

$4.06 PAB 4.06

$1.99 PAB 1.99

104.02%

Milk (1 liter)

$1.83 PAB 1.83

$1.88 PAB 1.88

-2.66%

White Bread (500g)

$2.58 PAB 2.58

$2.50 PAB 2.50

3.20%

Rice (white) (1kg)

$2.40 PAB 2.40

$2.38 PAB 2.38

0.84%

Eggs

$2.97 PAB 2.97

$2.81 PAB 2.81

5.69%

Local Cheese (1kg)

$11.34 PAB 11.34

$11.56 PAB 11.56

-1.90%

Chicken Fillets (1kg)

$7.06 PAB 7.06

$7.23 PAB 7.23

-2.35%

Beef Round Steak (1kg)

$9.76 PAB 9.76

$10.22 PAB 10.22

-4.50%

Apples (1kg)

$3.40 PAB 3.40

$3.28 PAB 3.28

3.66%

Banana (1kg)

$1.50 PAB 1.50

$1.49 PAB 1.49

0.67%

Oranges (1kg)

$2.77 PAB 2.77

$2.73 PAB 2.73

1.47%

Tomato (1kg)

$3.23 PAB 3.23

$3.19 PAB 3.19

1.25%

Potato (1kg)

$2.20 PAB 2.20

$2.28 PAB 2.28

-3.51%

Onion (1kg)

$2.87 PAB 2.87

$2.76 PAB 2.76

3.99%

Lettuce (1 head)

$2.17 PAB 2.17

Water (1.5 liter bottle)

$1.54 PAB 1.54

$1.58 PAB 1.58

-2.53%

Cigarettes 20 Pack (Marlboro, Camel)

$5.99 PAB 5.99

$6.07 PAB 6.07

-1.32%

Wine (Bottle)

$10.31 PAB 10.31

$10.56 PAB 10.56

-2.37%

Local Beer (0.5 liter bottle)

$1.30 PAB 1.30

Imported Beer (0.33 liter bottle)

$2.33 PAB 2.33

$2.34 PAB 2.34

-0.43%

One-way Ticket (Public Transport)

$0.43 PAB 0.43

Public Transport Monthly Pass (Regular Price)

$22.39 PAB 22.39

Taxi Start (Normal Tariff)

$2.46 PAB 2.46

$2.52 PAB 2.52

-2.38%

Taxi (Normal Tariff) (1km)

$1.82 PAB 1.82

$1.79 PAB 1.79

1.68%

Taxi 1hour Waiting (Normal Tariff)

$21.57 PAB 21.57

$21.68 PAB 21.68

-0.51%

Gasoline (1 liter)

$0.95 PAB 0.95

$0.87 PAB 0.87

9.20%

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

$20.1K PAB 20.1K

0.20%

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

$20.1K PAB 20.1K

$20.9K PAB 20.9K

-3.44%

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

$123 PAB 123

$121 PAB 121

2.28%

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

$29.81 PAB 29.81

$15.04 PAB 15.04

98.20%

Internet (50+ Mbps, Unlimited Data)

$49.87 PAB 49.87

$42.25 PAB 42.25

18.04%

Gym Membership (Monthly)

$46.19 PAB 46.19

Tennis Court (1 Hour on Weekend)

$32.83 PAB 32.83

Cinema Ticket

$8.09 PAB 8.09

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

$478 PAB 478

$476 PAB 476

0.50%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

$15.5K PAB 15.5K

1.94%

Jeans (Levis 501 Or Similar)

$52.0 PAB 52.0

$52.1 PAB 52.1

-0.17%

Summer Dress (H&M, Zara, etc)

$46.66 PAB 46.66

$46.79 PAB 46.79

-0.28%

Sport Shoes (Adidas, Nike)

$89.6 PAB 89.6

$87.6 PAB 87.6

2.32%

Men's Leather Business Shoes

$123 PAB 123

$121 PAB 121

1.69%

1-bedroom Apartment, City Center (Monthly)

$1,124 PAB 1,124

$444 PAB 444

152.90%

1-bedroom Apartment, Outside City Center (Monthly)

$894 PAB 894

$643 PAB 643

39.06%

3-bedroom Apartment, City Center (Monthly)

$2,059 PAB 2,059

$659 PAB 659

212.46%

3-bedroom Apartment, Outside City Center (Monthly)

$1,553 PAB 1,553

$1,082 PAB 1,082

43.62%

Buy Apartment in City Center (m2)

$3,128 PAB 3,128

Buy Apartment Outside City Center (m2)

$1,730 PAB 1,730

Average Monthly Net Salary (After Tax)

$967 PAB 967

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

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

Last update for Panama City: March 1, 2026

Last update for Santiago: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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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