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

🙂 Solo nomad: Panama is 15.7% cheaper than Costa Rica without rent, and 1% more expensive with rent.
🙂 Family of 3: Panama is 18% cheaper than Costa Rica without rent, and 0.4% cheaper with rent.
Currency
🍽 Eating Out
Panama
Costa Rica
Difference
Meal at Budget Restaurant
$9.93 PAB 9.93
$9.67 ₡4,570
2.69%
Three-Course Dinner for Two, Mid-Range
$50.9 PAB 50.9
$58.6 ₡27.7K
-13.20%
Fast Food Meal (McDonalds, etc)
$7.54 PAB 7.54
$10.23 ₡4,837
-26.30%
Cappuccino
$3.53 PAB 3.53
$3.97 ₡1,878
-11.08%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.51 PAB 1.51
$2.17 ₡1,026
-30.41%
Water (0.33 liter bottle)
$1.29 PAB 1.29
$1.73 ₡817
-25.43%
Local Beer (0.5 liter draught)
$2.30 PAB 2.30
$2.89 ₡1,367
-20.42%
Imported Beer (0.33 liter bottle)
$3.69 PAB 3.69
$4.40 ₡2,083
-16.14%
🛒 Groceries & Markets
Panama
Costa Rica
Difference
Milk (1 liter)
$1.77 PAB 1.77
$2.05 ₡970
-13.66%
White Bread (500g)
$2.41 PAB 2.41
$3.09 ₡1,459
-22.01%
Rice (white) (1kg)
$2.26 PAB 2.26
$2.51 ₡1,186
-9.96%
Eggs
$2.61 PAB 2.61
$3.30 ₡1,559
-20.91%
Local Cheese (1kg)
$11.25 PAB 11.25
$9.16 ₡4,331
22.82%
Chicken Fillets (1kg)
$7.05 PAB 7.05
$9.29 ₡4,393
-24.11%
Beef Round Steak (1kg)
$9.06 PAB 9.06
$13.16 ₡6,223
-31.16%
Apples (1kg)
$4.05 PAB 4.05
$4.48 ₡2,117
-9.60%
Banana (1kg)
$1.38 PAB 1.38
$1.62 ₡766
-14.81%
Oranges (1kg)
$2.94 PAB 2.94
$3.22 ₡1,520
-8.70%
Tomato (1kg)
$3.05 PAB 3.05
$2.98 ₡1,410
2.35%
Potato (1kg)
$2.09 PAB 2.09
$3.01 ₡1,422
-30.56%
Onion (1kg)
$2.45 PAB 2.45
$2.85 ₡1,345
-14.04%
Lettuce (1 head)
$2.07 PAB 2.07
$1.01 ₡478
104.95%
Water (1.5 liter bottle)
$1.61 PAB 1.61
$2.51 ₡1,187
-35.86%
Cigarettes 20 Pack (Marlboro, Camel)
$5.88 PAB 5.88
$4.94 ₡2,335
19.03%
Wine (Bottle)
$10.17 PAB 10.17
$15.72 ₡7,434
-35.31%
Local Beer (0.5 liter bottle)
$1.24 PAB 1.24
$2.38 ₡1,123
-47.90%
Imported Beer (0.33 liter bottle)
$2.17 PAB 2.17
$2.71 ₡1,282
-19.93%
🚌 Getting Around
Panama
Costa Rica
Difference
One-way Ticket (Public Transport)
$0.51 PAB 0.51
$0.94 ₡445
-45.74%
Public Transport Monthly Pass (Regular Price)
$25.03 PAB 25.03
$48.94 ₡23.1K
-48.86%
Taxi Start (Normal Tariff)
$1.99 PAB 1.99
$1.79 ₡847
11.17%
Taxi (Normal Tariff) (1km)
$2.01 PAB 2.01
$2.01 ₡950
-
Taxi 1hour Waiting (Normal Tariff)
$21.24 PAB 21.24
$7.82 ₡3,699
171.61%
Gasoline (1 liter)
$0.96 PAB 0.96
$1.51 ₡715
-36.42%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.7K PAB 21.7K
$36.8K ₡17.4M
-41.14%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.3K PAB 21.3K
$34.7K ₡16.4M
-38.62%
🧾 Monthly Utilities & Internet
Panama
Costa Rica
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$107 PAB 107
$86.8 ₡41.0K
23.32%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.34 PAB 29.34
$25.69 ₡12.1K
14.21%
Internet (50+ Mbps, Unlimited Data)
$48.08 PAB 48.08
$53.8 ₡25.4K
-10.57%
🎉 Sport & Entertainment
Panama
Costa Rica
Difference
Gym Membership (Monthly)
$50.6 PAB 50.6
$55.9 ₡26.4K
-9.55%
Tennis Court (1 Hour on Weekend)
$33.55 PAB 33.55
$28.78 ₡13.6K
16.57%
Cinema Ticket
$6.80 PAB 6.80
$9.04 ₡4,276
-24.78%
🧸 Childcare & Education
Panama
Costa Rica
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$449 PAB 449
$560 ₡264.9K
-19.84%
International Primary School, 1 Child (Yearly)
$11.6K PAB 11.6K
$10.0K ₡4.7M
15.49%
👕👟 Clothing & Footwear
Panama
Costa Rica
Difference
Jeans (Levis 501 Or Similar)
$46.32 PAB 46.32
$72.4 ₡34.2K
-36.01%
Summer Dress (H&M, Zara, etc)
$40.74 PAB 40.74
$54.4 ₡25.7K
-25.06%
Sport Shoes (Adidas, Nike)
$86.1 PAB 86.1
$117 ₡55.3K
-26.42%
Men's Leather Business Shoes
$116 PAB 116
$103 ₡48.6K
12.45%
🏠 Accommodation & Living
Panama
Costa Rica
Difference
1-bedroom Apartment, City Center (Monthly)
$939 PAB 939
$811 ₡383.6K
15.76%
1-bedroom Apartment, Outside City Center (Monthly)
$719 PAB 719
$551 ₡260.4K
30.49%
3-bedroom Apartment, City Center (Monthly)
$1,734 PAB 1,734
$1,482 ₡700.8K
17.01%
3-bedroom Apartment, Outside City Center (Monthly)
$1,352 PAB 1,352
$1,036 ₡489.8K
30.47%
Buy Apartment in City Center (m2)
$2,996 PAB 2,996
$2,301 ₡1.1M
30.17%
Buy Apartment Outside City Center (m2)
$1,711 PAB 1,711
$1,575 ₡744.8K
8.60%
💵 Salaries & Financials
Panama
Costa Rica
Difference
Average Monthly Net Salary (After Tax)
$831 PAB 831
$1,030 ₡487.0K
-19.36%
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: March 3, 2026

Last update for Costa Rica: March 2, 2026

City Median Internet Speeds Comparison (Updated January 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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