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

😐 Solo nomad: Panama City is 24.4% more expensive than Santiago without rent, and 26.1% more expensive with rent.

😐 Family of 3: Panama City is 25.1% more expensive than Santiago without rent, and 34.1% more expensive with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$4.41 PAB 4.41

130.84%

Three-Course Dinner for Two, Mid-Range

$49.36 PAB 49.36

$30.52 PAB 30.52

61.73%

Fast Food Meal (McDonalds, etc)

$8.16 PAB 8.16

$4.89 PAB 4.89

66.87%

Cappuccino

$3.58 PAB 3.58

$3.62 PAB 3.62

-1.10%

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

$1.66 PAB 1.66

$0.68 PAB 0.68

144.12%

Water (0.33 liter bottle)

$1.41 PAB 1.41

$0.82 PAB 0.82

71.95%

Local Beer (0.5 liter draught)

$3.08 PAB 3.08

$0.99 PAB 0.99

211.11%

Imported Beer (0.33 liter bottle)

$3.9 PAB 3.9

$1.97 PAB 1.97

97.97%

Milk (1 liter)

$1.88 PAB 1.88

$1.8 PAB 1.8

4.44%

White Bread (500g)

$2.56 PAB 2.56

$2.44 PAB 2.44

4.92%

Rice (white) (1kg)

$2.52 PAB 2.52

$2.5 PAB 2.5

0.80%

Eggs

$2.95 PAB 2.95

$2.94 PAB 2.94

0.34%

Local Cheese (1kg)

$11.6 PAB 11.6

$11.56 PAB 11.56

0.35%

Chicken Fillets (1kg)

$7.14 PAB 7.14

$7.15 PAB 7.15

-0.14%

Beef Round Steak (1kg)

$9.92 PAB 9.92

$9.97 PAB 9.97

-0.50%

Apples (1kg)

$3.42 PAB 3.42

Banana (1kg)

$1.49 PAB 1.49

$1.57 PAB 1.57

-5.10%

Oranges (1kg)

$2.73 PAB 2.73

$2.86 PAB 2.86

-4.55%

Tomato (1kg)

$3.24 PAB 3.24

$3.21 PAB 3.21

0.93%

Potato (1kg)

$2.28 PAB 2.28

$2.19 PAB 2.19

4.11%

Onion (1kg)

$2.91 PAB 2.91

$2.88 PAB 2.88

1.04%

Lettuce (1 head)

$2.14 PAB 2.14

$2.24 PAB 2.24

-4.46%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$1.51 PAB 1.51

3.97%

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 PAB 5.84

$5.98 PAB 5.98

-2.34%

Wine (Bottle)

$9.91 PAB 9.91

$10.15 PAB 10.15

-2.36%

Local Beer (0.5 liter bottle)

$1.3 PAB 1.3

$1.28 PAB 1.28

1.56%

Imported Beer (0.33 liter bottle)

$2.32 PAB 2.32

$2.45 PAB 2.45

-5.31%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

$2.55 PAB 2.55

-0.78%

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

$1.84 PAB 1.84

-4.35%

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

$22.22 PAB 22.22

-1.62%

Gasoline (1 liter)

$0.89 PAB 0.89

$0.93 PAB 0.93

-4.30%

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

$19.9K PAB 19.9K

$19.6K PAB 19.6K

1.66%

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

$20.5K PAB 20.5K

$20.7K PAB 20.7K

-1.04%

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

$124 PAB 124

$120 PAB 120

3.84%

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

$29.96 PAB 29.96

$14.76 PAB 14.76

102.98%

Internet (50+ Mbps, Unlimited Data)

$50.2 PAB 50.2

$42.61 PAB 42.61

17.70%

Gym Membership (Monthly)

$44.96 PAB 44.96

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

Cinema Ticket

$8.16 PAB 8.16

$7.77 PAB 7.77

5.02%

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

$471 PAB 471

$473 PAB 473

-0.35%

International Primary School, 1 Child (Yearly)

$16K PAB 16K

$15.8K PAB 15.8K

1.13%

Jeans (Levis 501 Or Similar)

$52 PAB 52

$50.6 PAB 50.6

2.77%

Summer Dress (H&M, Zara, etc)

$45.24 PAB 45.24

$45.72 PAB 45.72

-1.05%

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

$88.2 PAB 88.2

-0.70%

Men's Leather Business Shoes

$120 PAB 120

0.19%

1-bedroom Apartment, City Center (Monthly)

$1,126 PAB 1,126

$449 PAB 449

150.54%

1-bedroom Apartment, Outside City Center (Monthly)

$890 PAB 890

$638 PAB 638

39.40%

3-bedroom Apartment, City Center (Monthly)

$2,013 PAB 2,013

$650 PAB 650

209.51%

3-bedroom Apartment, Outside City Center (Monthly)

$1,555 PAB 1,555

$1,112 PAB 1,112

39.89%

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

Average Monthly Net Salary (After Tax)

$975 PAB 975

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: October 29, 2025

Last update for Santiago: October 28, 2025

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