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

😐 Solo nomad: Panama City is 14.5% more expensive than Santiago without rent, and 26.7% more expensive with rent.

😐 Family of 3: Panama City is 52.6% more expensive than Santiago without rent, and 38.5% more expensive with rent.

Meal at Budget Restaurant

$10.13 PAB 10.13

$4.56 PAB 4.56

122.15%

Three-Course Dinner for Two, Mid-Range

$50.2 PAB 50.2

$29.57 PAB 29.57

69.73%

Fast Food Meal (McDonalds, etc)

$8.19 PAB 8.19

$5.12 PAB 5.12

59.96%

Cappuccino

$3.63 PAB 3.63

$3.68 PAB 3.68

-1.36%

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

$1.68 PAB 1.68

$0.67 PAB 0.67

150.75%

Water (0.33 liter bottle)

$1.39 PAB 1.39

$0.84 PAB 0.84

65.48%

Local Beer (0.5 liter draught)

$2.99 PAB 2.99

$0.98 PAB 0.98

205.10%

Imported Beer (0.33 liter bottle)

$3.89 PAB 3.89

$2.05 PAB 2.05

89.76%

Milk (1 liter)

$1.82 PAB 1.82

$1.90 PAB 1.90

-4.21%

White Bread (500g)

$2.47 PAB 2.47

$2.55 PAB 2.55

-3.14%

Rice (white) (1kg)

$2.40 PAB 2.40

$2.50 PAB 2.50

-4.00%

Eggs

$2.82 PAB 2.82

$2.86 PAB 2.86

-1.40%

Local Cheese (1kg)

$11.46 PAB 11.46

$11.63 PAB 11.63

-1.46%

Chicken Fillets (1kg)

$7.36 PAB 7.36

$7.14 PAB 7.14

3.08%

Beef Round Steak (1kg)

$9.81 PAB 9.81

$9.85 PAB 9.85

-0.41%

Apples (1kg)

$3.38 PAB 3.38

$3.29 PAB 3.29

2.74%

Banana (1kg)

$1.47 PAB 1.47

$1.49 PAB 1.49

-1.34%

Oranges (1kg)

$2.83 PAB 2.83

$2.77 PAB 2.77

2.17%

Tomato (1kg)

$3.09 PAB 3.09

$3.14 PAB 3.14

-1.59%

Potato (1kg)

$2.24 PAB 2.24

$2.21 PAB 2.21

1.36%

Onion (1kg)

$2.77 PAB 2.77

$2.83 PAB 2.83

-2.12%

Lettuce (1 head)

$2.13 PAB 2.13

$2.21 PAB 2.21

-3.62%

Water (1.5 liter bottle)

$1.54 PAB 1.54

$1.58 PAB 1.58

-2.53%

Cigarettes 20 Pack (Marlboro, Camel)

$6.03 PAB 6.03

$6.09 PAB 6.09

-0.99%

Wine (Bottle)

$10.98 PAB 10.98

$10.93 PAB 10.93

0.46%

Local Beer (0.5 liter bottle)

$1.28 PAB 1.28

Imported Beer (0.33 liter bottle)

$2.40 PAB 2.40

$2.37 PAB 2.37

1.27%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

Public Transport Monthly Pass (Regular Price)

$22.68 PAB 22.68

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

$2.44 PAB 2.44

4.51%

Taxi (Normal Tariff) (1km)

$1.83 PAB 1.83

Taxi 1hour Waiting (Normal Tariff)

$21.82 PAB 21.82

$21.69 PAB 21.69

0.60%

Gasoline (1 liter)

$0.87 PAB 0.87

$0.92 PAB 0.92

-5.43%

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

$19.7K PAB 19.7K

$20.1K PAB 20.1K

-2.00%

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

$20.8K PAB 20.8K

0.05%

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

$121 PAB 121

$120 PAB 120

0.79%

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

$30.37 PAB 30.37

$14.86 PAB 14.86

104.37%

Internet (50+ Mbps, Unlimited Data)

$48.88 PAB 48.88

$42.91 PAB 42.91

13.91%

Gym Membership (Monthly)

$45.39 PAB 45.39

Tennis Court (1 Hour on Weekend)

$32.72 PAB 32.72

Cinema Ticket

$8.08 PAB 8.08

$8.15 PAB 8.15

-0.86%

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

$470 PAB 470

$477 PAB 477

-1.40%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

$15.9K PAB 15.9K

-0.64%

Jeans (Levis 501 Or Similar)

$51.7 PAB 51.7

$50.7 PAB 50.7

1.87%

Summer Dress (H&M, Zara, etc)

$46.93 PAB 46.93

$46.79 PAB 46.79

0.30%

Sport Shoes (Adidas, Nike)

$89.0 PAB 89.0

$88.0 PAB 88.0

1.15%

Men's Leather Business Shoes

$123 PAB 123

$122 PAB 122

0.90%

1-bedroom Apartment, City Center (Monthly)

$1,149 PAB 1,149

$458 PAB 458

151.11%

1-bedroom Apartment, Outside City Center (Monthly)

$883 PAB 883

$643 PAB 643

37.41%

3-bedroom Apartment, City Center (Monthly)

$2,063 PAB 2,063

$663 PAB 663

211.36%

3-bedroom Apartment, Outside City Center (Monthly)

$1,595 PAB 1,595

$1,079 PAB 1,079

47.81%

Buy Apartment in City Center (m2)

$3,067 PAB 3,067

Buy Apartment Outside City Center (m2)

$1,712 PAB 1,712

Average Monthly Net Salary (After Tax)

$947 PAB 947

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: April 13, 2026

Last update for Santiago: April 11, 2026

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 other spots: cost of living compared

Similar cities

Athens

🇬🇷 Greece

Uluwatu, Bali

🇮🇩 Indonesia

Krakow

🇵🇱 Poland

Seoul

🇰🇷 South Korea

Porto

🇵🇹 Portugal

Bratislava

🇸🇰 Slovakia

Turin

🇮🇹 Italy

Riyadh

🇸🇦 Saudi Arabia