Last update: Oct 2026

Cost of Living Comparison Between Panama and Bansko

For one person, living is cheaper in Bansko: $970 a month against $1,604 in Panama, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Panama
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Panama Living Index
47

Cost of Living Index in Bansko
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Bansko Living Index

Jump to prices

🇵🇦 Panama

$1,604

/mo nomad

Bansko

🇧🇬 Bulgaria

$970

/mo nomad

😐 Solo nomad: Panama is 58.9% more expensive than Bansko without rent, and 65.3% more expensive with rent.

😐 Family of 3: Panama is 37% more expensive than Bansko without rent, and 68.8% more expensive with rent.

Meal at Budget Restaurant

$7.86 PAB 7.86

$8.66 BGN 15.15

-9.24%

Three-Course Dinner for Two, Mid-Range

$44.75 PAB 44.75

$46.63 BGN 81.6

-4.03%

Fast Food Meal (McDonalds, etc)

$7.89 PAB 7.89

$9.01 BGN 15.77

-12.43%

Cappuccino

$3.84 PAB 3.84

$2.24 BGN 3.92

71.43%

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

$1.59 PAB 1.59

$1.50 BGN 2.63

6.00%

Water (0.33 liter bottle)

$1.41 PAB 1.41

$0.86 BGN 1.51

63.95%

Local Beer (0.5 liter draught)

$2.19 PAB 2.19

$1.76 BGN 3.07

24.43%

Imported Beer (0.33 liter bottle)

$4.04 PAB 4.04

$2.00 BGN 3.51

102.00%

Milk (1 liter)

$1.85 PAB 1.85

$1.79 BGN 3.14

3.35%

White Bread (500g)

$2.32 PAB 2.32

$0.81 BGN 1.42

186.42%

Rice (white) (1kg)

$2.99 PAB 2.99

$1.52 BGN 2.66

96.71%

Eggs

$2.48 PAB 2.48

$2.30 BGN 4.02

7.83%

Local Cheese (1kg)

$12.28 PAB 12.28

$9.60 BGN 16.81

27.92%

Chicken Fillets (1kg)

$6.94 PAB 6.94

$6.32 BGN 11.06

9.81%

Beef Round Steak (1kg)

$10.11 PAB 10.11

$8.64 BGN 15.12

17.01%

Apples (1kg)

$4.18 PAB 4.18

$1.28 BGN 2.24

226.56%

Banana (1kg)

$1.48 PAB 1.48

$1.68 BGN 2.95

-11.90%

Oranges (1kg)

$3.65 PAB 3.65

$1.70 BGN 2.98

114.71%

Tomato (1kg)

$3.73 PAB 3.73

$1.89 BGN 3.30

97.35%

Potato (1kg)

$2.50 PAB 2.50

$0.93 BGN 1.63

168.82%

Onion (1kg)

$3.29 PAB 3.29

$0.76 BGN 1.32

332.89%

Lettuce (1 head)

$2.34 PAB 2.34

$0.54 BGN 0.95

333.33%

Water (1.5 liter bottle)

$1.57 PAB 1.57

$0.58 BGN 1.02

170.69%

Cigarettes 20 Pack (Marlboro, Camel)

$6.08 PAB 6.08

$3.44 BGN 6.02

76.74%

Wine (Bottle)

$9.88 PAB 9.88

$5.14 BGN 9.00

92.22%

Local Beer (0.5 liter bottle)

$1.39 PAB 1.39

$1.11 BGN 1.94

25.23%

Imported Beer (0.33 liter bottle)

$2.42 PAB 2.42

$1.70 BGN 2.97

42.35%

One-way Ticket (Public Transport)

$0.43 PAB 0.43

$0.88 BGN 1.55

-51.14%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

$26.76 BGN 46.83

-21.67%

Taxi Start (Normal Tariff)

$2.43 PAB 2.43

$1.29 BGN 2.26

88.37%

Taxi (Normal Tariff) (1km)

$1.82 PAB 1.82

$0.65 BGN 1.14

180.00%

Taxi 1hour Waiting (Normal Tariff)

$21.79 PAB 21.79

$10.18 BGN 17.81

114.05%

Gasoline (1 liter)

$1.18 PAB 1.18

$1.50 BGN 2.63

-21.33%

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

$21.5K PAB 21.5K

$28.8K BGN 50.4K

-25.40%

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

$22.2K PAB 22.2K

$21.5K BGN 37.5K

3.46%

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

$119 PAB 119

$91.4 BGN 160

30.14%

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

$27.03 PAB 27.03

$14.68 BGN 25.68

84.13%

Internet (50+ Mbps, Unlimited Data)

$47.70 PAB 47.70

$12.07 BGN 21.12

295.19%

Gym Membership (Monthly)

$48.94 PAB 48.94

$32.28 BGN 56.5

51.61%

Tennis Court (1 Hour on Weekend)

$30.16 PAB 30.16

$8.60 BGN 15.05

250.70%

Cinema Ticket

$7.84 PAB 7.84

$5.63 BGN 9.86

39.25%

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

$536 PAB 536

$228 BGN 400

134.49%

International Primary School, 1 Child (Yearly)

$8,069 PAB 8,069

$2,311 BGN 4,045

249.14%

Jeans (Levis 501 Or Similar)

$53.5 PAB 53.5

$30.48 BGN 53.3

75.49%

Summer Dress (H&M, Zara, etc)

$42.77 PAB 42.77

$19.01 BGN 33.26

124.99%

Sport Shoes (Adidas, Nike)

$87.4 PAB 87.4

$45.53 BGN 79.7

91.94%

Men's Leather Business Shoes

$103 PAB 103

$48.67 BGN 85.2

112.35%

1-bedroom Apartment, City Center (Monthly)

$944 PAB 944

$521 BGN 913

81.07%

1-bedroom Apartment, Outside City Center (Monthly)

$697 PAB 697

$367 BGN 643

89.63%

3-bedroom Apartment, City Center (Monthly)

$1,728 PAB 1,728

$634 BGN 1,110

172.41%

3-bedroom Apartment, Outside City Center (Monthly)

$1,262 PAB 1,262

$558 BGN 976

126.34%

Buy Apartment in City Center (m2)

$2,941 PAB 2,941

$1,204 BGN 2,106

144.40%

Buy Apartment Outside City Center (m2)

$1,673 PAB 1,673

$971 BGN 1,699

72.29%

Average Monthly Net Salary (After Tax)

$826 PAB 826

$1,670 BGN 2,923

-50.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.37

2.99

113.04%

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

Last update for Panama: October 5, 2026

Last update for Bansko: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Panama

$697 44%

Bansko

$367 38% 47.3% $329

Groceries & Markets

Panama

$302 19.1%

Bansko

$193 20% 36.1% $109

Monthly Utilities & Internet

Panama

$194 12.2%

Bansko

$118 12.2% 39% $76

Eating Out

Panama

$164 10.3%

Bansko

$145 15% 11.1% $18

Clothing & Footwear

Panama

$129 8.2%

Bansko

$65 6.7% 49.9% $64

Sport & Entertainment

Panama

$65 4.1%

Bansko

$44 4.5% 32.6% $21

Getting Around

Panama

$34 2.2%

Bansko

$35 3.6% 1.8% $0.6

Good to know

🇵🇦 Panama

🇧🇬 Bansko

🕒 Local time

21:23 9:23 PM

05:23 5:23 AM

8 h ahead of Panama

🌤 Weather

👥 Population

4,098,587

8,000

💱 Currency

Panamanian Balboa PAB B/.

Bulgarian Lev BGN лв.

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

1 BGN = 0.571 USD

1 BGN = 0.509 EUR

Exchange rates and currency converter

BGN, 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).

Bulgarian Lev exchange rates as of October 10, 2026: 1 USD = 1.75 BGN (1 BGN = 0.571 USD). 1 EUR = 1.96 BGN (1 BGN = 0.509 EUR).

USD to PAB in detail →

On the map

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Between locations

Panama Bansko 10,400 km ≈ 14 h nonstop flight

From you

Panama
Bansko

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

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Digital Nomad Cost of Living Index

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Cost of Living Comparison Between Panama and Bansko

BGN, USD, EUR to PAB – Panamanian Balboa Converter

City Median Internet Speeds Comparison (Updated April 2026)

Panama

Bansko

Panama

Bansko

Panama vs other spots: cost of living compared

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