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Cost of Living Comparison Between Panama and Costa Rica Cost of Living Comparison Between Panama and Costa Rica

🙂 Solo nomad: Panama is 16.3% cheaper than Costa Rica without rent, and 3.4% more expensive with rent.
🙂 Family of 3: Panama is 14.9% cheaper than Costa Rica without rent, and 0.4% more expensive with rent.
Currency
🍽 Eating Out
Panama
Costa Rica
Difference
Meal at Budget Restaurant
$9.89 PAB 9.89
$10.19 ₡5,052
-2.94%
Three-Course Dinner for Two, Mid-Range
$50.8 PAB 50.8
$60.5 ₡30.0K
-15.98%
Fast Food Meal (McDonalds, etc)
$7.62 PAB 7.62
$10.17 ₡5,041
-25.07%
Cappuccino
$3.60 PAB 3.60
$3.90 ₡1,933
-7.69%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.47 PAB 1.47
$2.19 ₡1,086
-32.88%
Water (0.33 liter bottle)
$1.29 PAB 1.29
$1.65 ₡819
-21.82%
Local Beer (0.5 liter draught)
$2.22 PAB 2.22
$2.95 ₡1,460
-24.75%
Imported Beer (0.33 liter bottle)
$3.73 PAB 3.73
$4.32 ₡2,142
-13.66%
🛒 Groceries & Markets
Panama
Costa Rica
Difference
Milk (1 liter)
$1.80 PAB 1.80
$2.03 ₡1,005
-11.33%
White Bread (500g)
$2.48 PAB 2.48
$3.18 ₡1,576
-22.01%
Rice (white) (1kg)
$2.24 PAB 2.24
$2.49 ₡1,234
-10.04%
Eggs
$2.60 PAB 2.60
$3.41 ₡1,688
-23.75%
Local Cheese (1kg)
$11.37 PAB 11.37
$9.25 ₡4,584
22.92%
Chicken Fillets (1kg)
$7.20 PAB 7.20
$9.42 ₡4,670
-23.57%
Beef Round Steak (1kg)
$9.52 PAB 9.52
$13.28 ₡6,583
-28.31%
Apples (1kg)
$4.02 PAB 4.02
$4.51 ₡2,235
-10.86%
Banana (1kg)
$1.33 PAB 1.33
$1.54 ₡763
-13.64%
Oranges (1kg)
$2.90 PAB 2.90
$3.37 ₡1,673
-13.95%
Tomato (1kg)
$3.04 PAB 3.04
$2.94 ₡1,458
3.40%
Potato (1kg)
$2.17 PAB 2.17
$2.97 ₡1,475
-26.94%
Onion (1kg)
$2.37 PAB 2.37
$2.83 ₡1,403
-16.25%
Lettuce (1 head)
$2.14 PAB 2.14
$1.01 ₡502
111.88%
Water (1.5 liter bottle)
$1.63 PAB 1.63
$2.54 ₡1,257
-35.83%
Cigarettes 20 Pack (Marlboro, Camel)
$6.04 PAB 6.04
$5.03 ₡2,494
20.08%
Wine (Bottle)
$10.18 PAB 10.18
$15.31 ₡7,589
-33.51%
Local Beer (0.5 liter bottle)
$1.25 PAB 1.25
$2.31 ₡1,145
-45.89%
Imported Beer (0.33 liter bottle)
$2.30 PAB 2.30
$2.72 ₡1,347
-15.44%
🚌 Getting Around
Panama
Costa Rica
Difference
One-way Ticket (Public Transport)
$0.52 PAB 0.52
$0.96 ₡475
-45.83%
Public Transport Monthly Pass (Regular Price)
$25.15 PAB 25.15
$48.97 ₡24.3K
-48.64%
Taxi Start (Normal Tariff)
$2.05 PAB 2.05
$1.80 ₡893
13.89%
Taxi (Normal Tariff) (1km)
$1.95 PAB 1.95
$2.01 ₡995
-2.99%
Taxi 1hour Waiting (Normal Tariff)
$20.88 PAB 20.88
$7.51 ₡3,723
178.03%
Gasoline (1 liter)
$0.96 PAB 0.96
$1.52 ₡752
-36.84%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.6K PAB 21.6K
$36.6K ₡18.2M
-41.07%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.2K PAB 21.2K
$36.0K ₡17.9M
-41.23%
🧾 Monthly Utilities & Internet
Panama
Costa Rica
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$107 PAB 107
$85.9 ₡42.6K
24.72%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.96 PAB 28.96
$25.46 ₡12.6K
13.75%
Internet (50+ Mbps, Unlimited Data)
$47.54 PAB 47.54
$53.9 ₡26.7K
-11.77%
🎉 Sport & Entertainment
Panama
Costa Rica
Difference
Gym Membership (Monthly)
$50.3 PAB 50.3
$57.3 ₡28.4K
-12.07%
Tennis Court (1 Hour on Weekend)
$34.39 PAB 34.39
$29.36 ₡14.6K
17.13%
Cinema Ticket
$6.90 PAB 6.90
$9.01 ₡4,466
-23.42%
🧸 Childcare & Education
Panama
Costa Rica
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$442 PAB 442
$540 ₡267.8K
-18.10%
International Primary School, 1 Child (Yearly)
$11.3K PAB 11.3K
$10.1K ₡5.0M
12.80%
👕👟 Clothing & Footwear
Panama
Costa Rica
Difference
Jeans (Levis 501 Or Similar)
$46.73 PAB 46.73
$71.5 ₡35.5K
-34.65%
Summer Dress (H&M, Zara, etc)
$41.09 PAB 41.09
$54.9 ₡27.2K
-25.17%
Sport Shoes (Adidas, Nike)
$83.8 PAB 83.8
$117 ₡58.2K
-28.62%
Men's Leather Business Shoes
$117 PAB 117
$103 ₡50.8K
13.98%
🏠 Accommodation & Living
Panama
Costa Rica
Difference
1-bedroom Apartment, City Center (Monthly)
$948 PAB 948
$810 ₡401.7K
16.97%
1-bedroom Apartment, Outside City Center (Monthly)
$705 PAB 705
$551 ₡272.9K
28.07%
3-bedroom Apartment, City Center (Monthly)
$1,721 PAB 1,721
$1,488 ₡737.8K
15.67%
3-bedroom Apartment, Outside City Center (Monthly)
$1,363 PAB 1,363
$1,043 ₡516.9K
30.74%
Buy Apartment in City Center (m2)
$2,980 PAB 2,980
$2,335 ₡1.2M
27.61%
Buy Apartment Outside City Center (m2)
$1,704 PAB 1,704
$1,607 ₡796.5K
6.07%
💵 Salaries & Financials
Panama
Costa Rica
Difference
Average Monthly Net Salary (After Tax)
$799 PAB 799
$981 ₡486.2K
-18.55%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.3
10.53
-40.17%

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

Last update for Panama: January 13, 2026

Last update for Costa Rica: January 12, 2026

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