Cost of Living Comparison Between Panama and Mexico Cost of Living Comparison Between Panama and Mexico

Name: Mexico
Address: MX

😐 Solo nomad: Panama is 12.3% more expensive than Mexico without rent, and 30.9% more expensive with rent.

😐 Family of 3: Panama is 9.7% more expensive than Mexico without rent, and 26.3% more expensive with rent.

Meal at Budget Restaurant

$9.93 PAB 9.93

$10.49 MX$182

-5.34%

Three-Course Dinner for Two, Mid-Range

$50.9 PAB 50.9

$41.52 MX$719

22.47%

Fast Food Meal (McDonalds, etc)

$7.54 PAB 7.54

$7.98 MX$138

-5.51%

Cappuccino

$3.53 PAB 3.53

$3.42 MX$59.2

3.22%

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

$1.51 PAB 1.51

$1.32 MX$22.78

14.39%

Water (0.33 liter bottle)

$1.29 PAB 1.29

$1.00 MX$17.26

29.00%

Local Beer (0.5 liter draught)

$2.30 PAB 2.30

$2.40 MX$41.51

-4.17%

Imported Beer (0.33 liter bottle)

$3.69 PAB 3.69

$4.26 MX$73.7

-13.38%

Milk (1 liter)

$1.77 PAB 1.77

$1.51 MX$26.17

17.22%

White Bread (500g)

$2.41 PAB 2.41

$2.57 MX$44.46

-6.23%

Rice (white) (1kg)

$2.26 PAB 2.26

$1.74 MX$30.18

29.89%

Eggs

$2.61 PAB 2.61

$2.48 MX$42.97

5.24%

Local Cheese (1kg)

$11.25 PAB 11.25

$8.65 MX$150

30.06%

Chicken Fillets (1kg)

$7.05 PAB 7.05

$7.93 MX$137

-11.10%

Beef Round Steak (1kg)

$9.06 PAB 9.06

$11.10 MX$192

-18.38%

Apples (1kg)

$4.05 PAB 4.05

$2.81 MX$48.72

44.13%

Banana (1kg)

$1.38 PAB 1.38

$1.49 MX$25.82

-7.38%

Oranges (1kg)

$2.94 PAB 2.94

$1.92 MX$33.21

53.13%

Tomato (1kg)

$3.05 PAB 3.05

$1.78 MX$30.88

71.35%

Potato (1kg)

$2.09 PAB 2.09

$2.03 MX$35.21

2.96%

Onion (1kg)

$2.45 PAB 2.45

$2.03 MX$35.24

20.69%

Lettuce (1 head)

$2.07 PAB 2.07

$1.27 MX$21.93

62.99%

Water (1.5 liter bottle)

$1.61 PAB 1.61

$1.00 MX$17.34

61.00%

Cigarettes 20 Pack (Marlboro, Camel)

$5.88 PAB 5.88

$4.32 MX$74.9

36.11%

Wine (Bottle)

$10.17 PAB 10.17

$11.55 MX$200

-11.95%

Local Beer (0.5 liter bottle)

$1.24 PAB 1.24

$1.65 MX$28.51

-24.85%

Imported Beer (0.33 liter bottle)

$2.17 PAB 2.17

$3.00 MX$52.0

-27.67%

One-way Ticket (Public Transport)

$0.51 PAB 0.51

$0.65 MX$11.17

-21.54%

Public Transport Monthly Pass (Regular Price)

$25.03 PAB 25.03

$26.37 MX$457

-5.08%

Taxi Start (Normal Tariff)

$1.99 PAB 1.99

$2.63 MX$45.55

-24.33%

Taxi (Normal Tariff) (1km)

$2.01 PAB 2.01

$1.93 MX$33.51

4.15%

Taxi 1hour Waiting (Normal Tariff)

$21.24 PAB 21.24

$10.51 MX$182

102.09%

Gasoline (1 liter)

$0.96 PAB 0.96

$1.33 MX$22.98

-27.82%

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

$21.7K PAB 21.7K

$20.2K MX$350.6K

7.11%

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

$21.3K PAB 21.3K

$22.6K MX$391.0K

-5.56%

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

$107 PAB 107

$62.2 MX$1,078

72.05%

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

$29.34 PAB 29.34

$23.42 MX$406

25.28%

Internet (50+ Mbps, Unlimited Data)

$48.08 PAB 48.08

$27.93 MX$484

72.14%

Gym Membership (Monthly)

$50.6 PAB 50.6

$34.84 MX$603

45.18%

Tennis Court (1 Hour on Weekend)

$33.55 PAB 33.55

$18.07 MX$313

85.67%

Cinema Ticket

$6.80 PAB 6.80

$4.87 MX$84.3

39.63%

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

$449 PAB 449

$253 MX$4,386

77.35%

International Primary School, 1 Child (Yearly)

$11.6K PAB 11.6K

$5,689 MX$98.5K

103.10%

Jeans (Levis 501 Or Similar)

$46.32 PAB 46.32

$51.6 MX$894

-10.23%

Summer Dress (H&M, Zara, etc)

$40.74 PAB 40.74

$41.34 MX$716

-1.45%

Sport Shoes (Adidas, Nike)

$86.1 PAB 86.1

$92.7 MX$1,605

-7.12%

Men's Leather Business Shoes

$116 PAB 116

$88.5 MX$1,532

30.81%

1-bedroom Apartment, City Center (Monthly)

$939 PAB 939

$634 MX$11.0K

48.21%

1-bedroom Apartment, Outside City Center (Monthly)

$719 PAB 719

$454 MX$7,866

58.23%

3-bedroom Apartment, City Center (Monthly)

$1,734 PAB 1,734

$1,249 MX$21.6K

38.81%

3-bedroom Apartment, Outside City Center (Monthly)

$1,352 PAB 1,352

$877 MX$15.2K

54.15%

Buy Apartment in City Center (m2)

$2,996 PAB 2,996

$2,736 MX$47.4K

9.48%

Buy Apartment Outside City Center (m2)

$1,711 PAB 1,711

$1,630 MX$28.2K

4.96%

Average Monthly Net Salary (After Tax)

$831 PAB 831

$830 MX$14.4K

0.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

11.45

-44.98%

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

Last update for Panama: March 3, 2026

Last update for Mexico: 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

Cost of Living Comparison Between Panama and Mexico Cost of Living Comparison Between Panama and Mexico

City Median Internet Speeds Comparison (Updated January 2026)

Panama

Mexico

Panama

Mexico

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