🇵🇱 Poland
75
Cost of Living Index in Poland
Learn more Last update: Oct 2026
Cost of Living Comparison Between Panama and Mexico City
For one person, living costs are similar in Panama and in Mexico City: $1,604 and $1,561 a month, rent and utilities included.
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🙂 Solo nomad: Panama is 10.2% cheaper than Mexico City without rent, and 2.8% more expensive with rent.
🙂 Family of 3: Panama is 8.9% cheaper than Mexico City without rent, and 0.5% cheaper with rent.
🍽 Eating Out
Panama
Mexico City
Difference
Meal at Budget Restaurant
$7.86 PAB 7.86
$11.12 MX$204
-29.32%
Three-Course Dinner for Two, Mid-Range
$44.75 PAB 44.75
$48.99 MX$900
-8.65%
Fast Food Meal (McDonalds, etc)
$7.89 PAB 7.89
$11.23 MX$206
-29.74%
Cappuccino
$3.84 PAB 3.84
$3.76 MX$69.0
2.13%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.59 PAB 1.59
$1.65 MX$30.34
-3.64%
Water (0.33 liter bottle)
$1.41 PAB 1.41
$1.28 MX$23.48
10.16%
Local Beer (0.5 liter draught)
$2.19 PAB 2.19
$3.26 MX$59.8
-32.82%
Imported Beer (0.33 liter bottle)
$4.04 PAB 4.04
$5.66 MX$104
-28.62%
🛒 Groceries & Markets
Panama
Mexico City
Difference
Milk (1 liter)
$1.85 PAB 1.85
$1.81 MX$33.23
2.21%
White Bread (500g)
$2.32 PAB 2.32
$2.94 MX$54.0
-21.09%
Rice (white) (1kg)
$2.99 PAB 2.99
$2.05 MX$37.62
45.85%
Eggs
$2.48 PAB 2.48
$2.93 MX$53.7
-15.36%
Local Cheese (1kg)
$12.28 PAB 12.28
$11.95 MX$219
2.76%
Chicken Fillets (1kg)
$6.94 PAB 6.94
$9.51 MX$175
-27.02%
Beef Round Steak (1kg)
$10.11 PAB 10.11
$14.84 MX$273
-31.87%
Apples (1kg)
$4.18 PAB 4.18
$3.14 MX$57.7
33.12%
Banana (1kg)
$1.48 PAB 1.48
$2.01 MX$36.99
-26.37%
Oranges (1kg)
$3.65 PAB 3.65
$2.08 MX$38.10
75.48%
Tomato (1kg)
$3.73 PAB 3.73
$2.22 MX$40.72
68.02%
Potato (1kg)
$2.50 PAB 2.50
$2.06 MX$37.82
21.36%
Onion (1kg)
$3.29 PAB 3.29
$1.88 MX$34.46
75.00%
Lettuce (1 head)
$2.34 PAB 2.34
$1.48 MX$27.18
58.11%
Water (1.5 liter bottle)
$1.57 PAB 1.57
$1.35 MX$24.70
16.30%
Cigarettes 20 Pack (Marlboro, Camel)
$6.08 PAB 6.08
$5.41 MX$99.3
12.38%
Wine (Bottle)
$9.88 PAB 9.88
$16.86 MX$310
-41.40%
Local Beer (0.5 liter bottle)
$1.39 PAB 1.39
$1.98 MX$36.43
-29.80%
Imported Beer (0.33 liter bottle)
$2.42 PAB 2.42
$4.32 MX$79.4
-43.98%
🚌 Getting Around
Panama
Mexico City
Difference
One-way Ticket (Public Transport)
$0.43 PAB 0.43
$0.34 MX$6.33
26.47%
Public Transport Monthly Pass (Regular Price)
$20.96 PAB 20.96
$20.23 MX$371
3.61%
Taxi Start (Normal Tariff)
$2.43 PAB 2.43
$2.10 MX$38.47
15.71%
Taxi (Normal Tariff) (1km)
$1.82 PAB 1.82
$0.53 MX$9.74
243.40%
Taxi 1hour Waiting (Normal Tariff)
$21.79 PAB 21.79
$5.41 MX$99.3
302.77%
Gasoline (1 liter)
$1.18 PAB 1.18
$1.52 MX$27.91
-22.37%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.5K PAB 21.5K
$21.7K MX$399.0K
-1.10%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.2K PAB 22.2K
$24.8K MX$455.6K
-10.55%
🧾 Monthly Utilities & Internet
Panama
Mexico City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$119 PAB 119
$63.0 MX$1,156
88.98%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.03 PAB 27.03
$28.88 MX$530
-6.41%
Internet (50+ Mbps, Unlimited Data)
$47.70 PAB 47.70
$33.93 MX$623
40.58%
🎉 Sport & Entertainment
Panama
Mexico City
Difference
Gym Membership (Monthly)
$48.94 PAB 48.94
$55.8 MX$1,024
-12.26%
Tennis Court (1 Hour on Weekend)
$30.16 PAB 30.16
$24.90 MX$457
21.12%
Cinema Ticket
$7.84 PAB 7.84
$6.77 MX$124
15.81%
🧸 Childcare & Education
Panama
Mexico City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$536 PAB 536
$428 MX$7,854
25.22%
International Primary School, 1 Child (Yearly)
$8,069 PAB 8,069
$11.9K MX$218.0K
-32.03%
👕👟 Clothing & Footwear
Panama
Mexico City
Difference
Jeans (Levis 501 Or Similar)
$53.5 PAB 53.5
$70.0 MX$1,286
-23.62%
Summer Dress (H&M, Zara, etc)
$42.77 PAB 42.77
$53.7 MX$986
-20.40%
Sport Shoes (Adidas, Nike)
$87.4 PAB 87.4
$110 MX$2,016
-20.40%
Men's Leather Business Shoes
$103 PAB 103
$115 MX$2,115
-10.29%
🏠 Accommodation & Living
Panama
Mexico City
Difference
1-bedroom Apartment, City Center (Monthly)
$944 PAB 944
$1,062 MX$19.5K
-11.12%
1-bedroom Apartment, Outside City Center (Monthly)
$697 PAB 697
$671 MX$12.3K
3.87%
3-bedroom Apartment, City Center (Monthly)
$1,728 PAB 1,728
$2,379 MX$43.7K
-27.38%
3-bedroom Apartment, Outside City Center (Monthly)
$1,262 PAB 1,262
$1,260 MX$23.1K
0.18%
Buy Apartment in City Center (m2)
$2,941 PAB 2,941
$3,716 MX$68.2K
-20.84%
Buy Apartment Outside City Center (m2)
$1,673 PAB 1,673
$1,976 MX$36.3K
-15.33%
💵 Salaries & Financials
Panama
Mexico City
Difference
Average Monthly Net Salary (After Tax)
$826 PAB 826
$997 MX$18.3K
-17.19%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.37
11.3
-43.63%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Panama: October 5, 2026
Last update for Mexico City: October 6, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Accommodation & Living
Panama $697 44%
Mexico City $671 42.4% 3.7% $26
Groceries & Markets
Panama $302 19.1%
Mexico City $327 20.7% 8.1% $25
Monthly Utilities & Internet
Panama $194 12.2%
Mexico City $126 8% 35.1% $68
Eating Out
Panama $164 10.3%
Mexico City $207 13.1% 26.5% $43
Clothing & Footwear
Panama $129 8.2%
Mexico City $157 9.9% 21.5% $28
Sport & Entertainment
Panama $65 4.1%
Mexico City $69 4.4% 7.3% $4.7
Getting Around
Panama $34 2.2%
Mexico City $26 1.7% 23% $7.9
Accommodation & Living
Panama $1.3K 38.9%
Mexico City $1.3K 37.3% 0.2% $2.2
Groceries & Markets
Panama $696 21.5%
Mexico City $744 22% 6.8% $47
Monthly Utilities & Internet
Panama $221 6.8%
Mexico City $155 4.6% 29.9% $66
Eating Out
Panama $548 16.9%
Mexico City $658 19.5% 19.9% $109
Clothing & Footwear
Panama $287 8.9%
Mexico City $349 10.3% 21.5% $62
Sport & Entertainment
Panama $159 4.9%
Mexico City $164 4.8% 2.6% $4.1
Getting Around
Panama $69 2.1%
Mexico City $53 1.6% 23% $16
Good to know
🇵🇦 Panama
🇲🇽 Mexico City
Weather
Population
4,098,587
9,209,944 Capital
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Panama Mexico City 2,410 km ≈ 3 h 30 min nonstop flight
From you
- Panama
- Mexico City
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 vs other spots: cost of living compared
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