Last update: Oct 2026

Cost of Living Comparison Between Panama City and Uruguay

Name: Uruguay
Address: UY

For one person, living is cheaper in Uruguay: $1,645 a month against $1,837 in Panama City, rent and utilities included – about $2,300 less a year. Higher rent and utilities in Panama City outweigh lower spending on other living expenses.

90

Cost of Living Index in Panama City
Learn more

Panama City Living Index
79

Cost of Living Index in Uruguay
Learn more

Uruguay Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,837

/mo nomad

🇺🇾 Uruguay

$1,645

/mo nomad

🙂 Solo nomad: Panama City is 11.1% cheaper than Uruguay without rent, and 11.7% more expensive with rent.

🙂 Family of 3: Panama City is 11.2% cheaper than Uruguay without rent, and 15.2% more expensive with rent.

Meal at Budget Restaurant

$11.34 PAB 11.34

$16.92 UYU 680

-32.98%

Three-Course Dinner for Two, Mid-Range

$47.85 PAB 47.85

$53.8 UYU 2,162

-10.99%

Fast Food Meal (McDonalds, etc)

$8.07 PAB 8.07

$12.31 UYU 495

-34.44%

Cappuccino

$4.02 PAB 4.02

$4.30 UYU 173

-6.51%

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

$1.94 PAB 1.94

$2.29 UYU 92.3

-15.28%

Water (0.33 liter bottle)

$1.62 PAB 1.62

$1.79 UYU 72.0

-9.50%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$3.75 UYU 151

-13.07%

Imported Beer (0.33 liter bottle)

$3.99 PAB 3.99

$3.80 UYU 153

5.00%

Milk (1 liter)

$1.83 PAB 1.83

$1.17 UYU 47.13

56.41%

White Bread (500g)

$2.57 PAB 2.57

$2.61 UYU 105

-1.53%

Rice (white) (1kg)

$3.33 PAB 3.33

$1.63 UYU 65.6

104.29%

Eggs

$2.69 PAB 2.69

$4.32 UYU 174

-37.73%

Local Cheese (1kg)

$12.33 PAB 12.33

$13.22 UYU 532

-6.73%

Chicken Fillets (1kg)

$6.69 PAB 6.69

$10.73 UYU 431

-37.65%

Beef Round Steak (1kg)

$10.40 PAB 10.40

$11.55 UYU 464

-9.96%

Apples (1kg)

$4.16 PAB 4.16

$2.63 UYU 106

58.17%

Banana (1kg)

$1.84 PAB 1.84

$2.50 UYU 101

-26.40%

Oranges (1kg)

$4.18 PAB 4.18

$1.52 UYU 61.3

175.00%

Tomato (1kg)

$4.08 PAB 4.08

$3.05 UYU 123

33.77%

Potato (1kg)

$3.50 PAB 3.50

$1.87 UYU 75.0

87.17%

Onion (1kg)

$4.37 PAB 4.37

$2.03 UYU 81.7

115.27%

Lettuce (1 head)

$2.34 PAB 2.34

$1.35 UYU 54.4

73.33%

Water (1.5 liter bottle)

$1.75 PAB 1.75

$1.76 UYU 70.8

-0.57%

Cigarettes 20 Pack (Marlboro, Camel)

$6.06 PAB 6.06

$5.52 UYU 222

9.78%

Wine (Bottle)

$11.72 PAB 11.72

$7.65 UYU 307

53.20%

Local Beer (0.5 liter bottle)

$1.37 PAB 1.37

$2.18 UYU 87.5

-37.16%

Imported Beer (0.33 liter bottle)

$2.84 PAB 2.84

$2.72 UYU 109

4.41%

One-way Ticket (Public Transport)

$0.36 PAB 0.36

$1.35 UYU 54.5

-73.33%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

$73.7 UYU 2,962

-71.55%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$1.82 UYU 73.3

38.46%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$1.72 UYU 69.2

4.07%

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

$10.62 UYU 427

107.25%

Gasoline (1 liter)

$1.25 PAB 1.25

$2.10 UYU 84.4

-40.48%

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

$21.5K PAB 21.5K

$28.1K UYU 1.1M

-23.41%

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

$21.2K PAB 21.2K

$37.6K UYU 1.5M

-43.59%

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

$131 PAB 131

$150 UYU 6,031

-12.54%

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

$27.68 PAB 27.68

$21.26 UYU 855

30.20%

Internet (50+ Mbps, Unlimited Data)

$48.59 PAB 48.59

$39.96 UYU 1,607

21.60%

Gym Membership (Monthly)

$46.11 PAB 46.11

$47.12 UYU 1,895

-2.14%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

$19.09 UYU 768

83.39%

Cinema Ticket

$8.73 PAB 8.73

$11.34 UYU 456

-23.02%

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

$551 PAB 551

$578 UYU 23.2K

-4.76%

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

$8,939 UYU 359.4K

6.95%

Jeans (Levis 501 Or Similar)

$67.6 PAB 67.6

$87.8 UYU 3,531

-23.01%

Summer Dress (H&M, Zara, etc)

$48.03 PAB 48.03

$50.9 UYU 2,045

-5.56%

Sport Shoes (Adidas, Nike)

$94.9 PAB 94.9

$120 UYU 4,831

-21.02%

Men's Leather Business Shoes

$113 PAB 113

$110 UYU 4,438

2.33%

1-bedroom Apartment, City Center (Monthly)

$1,238 PAB 1,238

$651 UYU 26.2K

90.01%

1-bedroom Apartment, Outside City Center (Monthly)

$873 PAB 873

$521 UYU 21.0K

67.56%

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

$1,052 UYU 42.3K

108.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

$877 UYU 35.3K

75.41%

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

$3,320 UYU 133.5K

-6.17%

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

$1,896 UYU 76.2K

-9.04%

Average Monthly Net Salary (After Tax)

$934 PAB 934

$1,072 UYU 43.1K

-12.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

5.81

9.98%

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

Last update for Panama City: October 3, 2026

Last update for Uruguay: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$873 47.2%

Uruguay

$521 32% 40.3% $352

Groceries & Markets

Panama City

$324 17.5%

Uruguay

$307 18.8% 5.4% $17

Monthly Utilities & Internet

Panama City

$207 11.2%

Uruguay

$211 13% 1.8% $3.8

Eating Out

Panama City

$202 10.9%

Uruguay

$267 16.3% 32.2% $65

Clothing & Footwear

Panama City

$146 7.9%

Uruguay

$166 10.2% 14.1% $21

Sport & Entertainment

Panama City

$64 3.4%

Uruguay

$70 4.3% 9.8% $6.2

Getting Around

Panama City

$34 1.8%

Uruguay

$90 5.5% 164% $56

Good to know

🇵🇦 Panama City

🇺🇾 Uruguay

🕒 Local time

02:38 2:38 AM

04:38 4:38 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

3,444,263

💱 Currency

Panamanian Balboa PAB B/.

Uruguayan Peso UYU $U

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.1 UYU (100 UYU = 2.22 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Uruguay 5,460 km ≈ 7 h nonstop flight

From you

Panama City
Uruguay

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 other spots: cost of living compared

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