Last update: Oct 2026

Cost of Living Comparison Between Panama City and Temuco

For one person, living is cheaper in Temuco: $1,069 a month against $1,855 in Panama City, rent and utilities included – about $9,400 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
Learn more

Panama City Living Index
52

Cost of Living Index in Temuco
Learn more

Temuco Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Temuco

🇨🇱 Chile

$1,069

/mo nomad

Monthly Cost of Living

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

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

A single person spends $1,855 per month in Panama City vs $1,069 in Temuco, rent included.

Panama City $1,855
Temuco $1,069

A couple spends around $2,804 per month in Panama City vs $1,598 in Temuco, rent included.

Panama City $2,804
Temuco $1,598

A family of three spends $3,753 per month in Panama City vs $2,128 in Temuco, rent included.

Panama City $3,753
Temuco $2,128

Panama City costs about 74% more than Temuco, and outside of rent the biggest gap is in groceries.

Panama City sits 37% above the global median, while Temuco is 21% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.63 PAB 11.63

$7.21 CLP 7,096

61.30%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$30.14 CLP 29.7K

58.99%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$7.29 CLP 7,172

9.19%

Cappuccino

$4.22 PAB 4.22

$3.75 CLP 3,695

12.53%

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

$2.01 PAB 2.01

$2.19 CLP 2,153

-8.22%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$1.08 CLP 1,067

44.44%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$3.63 CLP 3,571

-6.61%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$3.41 CLP 3,358

15.54%

Milk (1 liter)

$1.85 PAB 1.85

$1.17 CLP 1,154

58.12%

White Bread (500g)

$2.56 PAB 2.56

$1.63 CLP 1,600

57.06%

Rice (white) (1kg)

$3.48 PAB 3.48

$1.22 CLP 1,201

185.25%

Eggs

$2.69 PAB 2.69

$3.42 CLP 3,371

-21.35%

Local Cheese (1kg)

$12.57 PAB 12.57

$8.63 CLP 8,495

45.65%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$5.07 CLP 4,988

34.71%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$9.40 CLP 9,249

12.55%

Apples (1kg)

$4.18 PAB 4.18

$2.11 CLP 2,078

98.10%

Banana (1kg)

$1.83 PAB 1.83

$2.06 CLP 2,027

-11.17%

Oranges (1kg)

$4.20 PAB 4.20

$2.09 CLP 2,053

100.96%

Tomato (1kg)

$4.03 PAB 4.03

$2.05 CLP 2,023

96.59%

Potato (1kg)

$3.48 PAB 3.48

$2.40 CLP 2,364

45.00%

Onion (1kg)

$4.22 PAB 4.22

$2.12 CLP 2,091

99.06%

Lettuce (1 head)

$2.41 PAB 2.41

$1.48 CLP 1,455

62.84%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$1.18 CLP 1,162

43.22%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$4.63 CLP 4,559

32.61%

Wine (Bottle)

$11.30 PAB 11.30

$4.90 CLP 4,823

130.61%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$1.47 CLP 1,450

-3.40%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$2.07 CLP 2,033

31.88%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$0.87 CLP 859

-62.07%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

$33.57 CLP 33.0K

-36.76%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$0.85 CLP 835

196.47%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$1.57 CLP 1,550

18.47%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$9.04 CLP 8,897

140.93%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.38 CLP 1,356

-9.42%

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

$21.2K PAB 21.2K

$12.3K CLP 12.1M

72.76%

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

$21.0K PAB 21.0K

$17.3K CLP 17.0M

21.77%

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

$130 PAB 130

$136 CLP 134.2K

-4.78%

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

$28.13 PAB 28.13

$11.17 CLP 11.0K

151.84%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$22.85 CLP 22.5K

110.98%

Gym Membership (Monthly)

$45.78 PAB 45.78

$48.34 CLP 47.6K

-5.30%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

$45.20 CLP 44.5K

-22.74%

Cinema Ticket

$8.67 PAB 8.67

$4.58 CLP 4,508

89.30%

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

$544 PAB 544

$214 CLP 210.7K

154.31%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$2,706 CLP 2.7M

258.39%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$43.80 CLP 43.1K

52.40%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$17.62 CLP 17.3K

178.89%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$65.7 CLP 64.7K

42.89%

Men's Leather Business Shoes

$112 PAB 112

$83.4 CLP 82.1K

33.74%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$395 CLP 389.1K

218.00%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$318 CLP 312.7K

175.42%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$708 CLP 697.2K

204.31%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$496 CLP 488.6K

215.06%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$1,952 CLP 1.9M

59.98%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$1,668 CLP 1.6M

2.51%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$524 CLP 515.8K

74.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

4.8

33.13%

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

Last update for Panama City: October 10, 2026

Last update for Temuco: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Temuco

$318 29.7% 63.7% $557

Groceries & Markets

Panama City

$325 17.5%

Temuco

$220 20.6% 32.2% $105

Eating Out

Panama City

$207 11.1%

Temuco

$163 15.2% 21.3% $44

Monthly Utilities & Internet

Panama City

$206 11.1%

Temuco

$170 15.9% 17.4% $36

Clothing & Footwear

Panama City

$145 7.8%

Temuco

$95 8.9% 34.5% $50

Sport & Entertainment

Panama City

$63 3.4%

Temuco

$58 5.4% 8.9% $5.6

Getting Around

Panama City

$34 1.9%

Temuco

$46 4.3% 33.1% $11

Cost Breakdown

A central one-bedroom costs $1,257 in Panama City versus $395 in Temuco. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 75% higher in Panama City, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Panama City versus $30.00 in Temuco. Monthly groceries follow the same trend: $325 vs $220 – making Temuco the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇨🇱 Temuco

🕒 Local time

21:52 9:52 PM

23:52 11:52 PM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

235,509

💱 Currency

Panamanian Balboa PAB B/.

Chilean Peso CLP $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

Exchange rates and currency converter

CLP, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 19, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Chilean Peso exchange rates as of October 19, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Temuco 5,350 km ≈ 7 h nonstop flight

From you

Panama City
Temuco

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 Temuco: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 74%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,783 per month in Panama City and $1,603 in Temuco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 48% more in Panama City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $48.00 in Panama City and $30.00 in Temuco. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Temuco, where all-in costs run around $1,069, than in Panama City at $1,855. In Temuco it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Temuco – 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 Temuco. 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.