Last update: Oct 2026

Cost of Living Comparison Between Paysandú and Panama City

For one person, living is cheaper in Paysandú: $876 a month against $1,857 in Panama City, rent and utilities included – about $11,800 less a year. Rent and utilities account for about half of the difference.

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Cost of Living Index in Panama City
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Panama City Living Index

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Paysandú

🇺🇾 Uruguay

$876

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

How much you'll spend in Paysandú and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Paysandú and in Panama City actually costs, broken down by who's living it.

A single person spends $876 per month in Paysandú vs $1,857 in Panama City, rent included.

Paysandú $876
Panama City $1,857

A couple spends around $1,148 per month in Paysandú vs $2,815 in Panama City, rent included.

Paysandú $1,148
Panama City $2,815

A family of three spends $1,420 per month in Paysandú vs $3,773 in Panama City, rent included.

Paysandú $1,420
Panama City $3,773

Paysandú is about 53% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Paysandú sits 35% below the global median, while Panama City is 37% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.68 PAB 11.68

Three-Course Dinner for Two, Mid-Range

$47.76 PAB 47.76

Fast Food Meal (McDonalds, etc)

$8.12 PAB 8.12

Cappuccino

$3.66 UYU 147

$4.23 PAB 4.23

-13.48%

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

$1.79 UYU 71.7

$1.92 PAB 1.92

-6.77%

Water (0.33 liter bottle)

$1.58 PAB 1.58

Local Beer (0.5 liter draught)

$4.03 UYU 162

$3.31 PAB 3.31

21.75%

Imported Beer (0.33 liter bottle)

$3.98 PAB 3.98

Milk (1 liter)

$1.05 UYU 42.20

$1.92 PAB 1.92

-45.31%

White Bread (500g)

$2.63 PAB 2.63

Rice (white) (1kg)

$3.39 PAB 3.39

Eggs

$1.97 UYU 79.0

$2.67 PAB 2.67

-26.22%

Local Cheese (1kg)

$12.21 PAB 12.21

Chicken Fillets (1kg)

$6.91 PAB 6.91

Beef Round Steak (1kg)

$10.58 PAB 10.58

Apples (1kg)

$4.16 PAB 4.16

Banana (1kg)

$1.97 PAB 1.97

Oranges (1kg)

$4.06 PAB 4.06

Tomato (1kg)

$3.28 UYU 131

$4.18 PAB 4.18

-21.53%

Potato (1kg)

$3.47 PAB 3.47

Onion (1kg)

$4.26 PAB 4.26

Lettuce (1 head)

$2.44 PAB 2.44

Water (1.5 liter bottle)

$1.76 UYU 70.5

$1.69 PAB 1.69

4.14%

Cigarettes 20 Pack (Marlboro, Camel)

$5.83 PAB 5.83

Wine (Bottle)

$11.43 PAB 11.43

Local Beer (0.5 liter bottle)

$1.38 PAB 1.38

Imported Beer (0.33 liter bottle)

$2.76 PAB 2.76

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

Taxi 1hour Waiting (Normal Tariff)

$22.17 PAB 22.17

Gasoline (1 liter)

$1.24 PAB 1.24

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

$24.4K PAB 24.4K

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

$21.3K PAB 21.3K

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

$62.1 UYU 2,492

$131 PAB 131

-52.71%

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

$30.27 UYU 1,215

$27.83 PAB 27.83

8.77%

Internet (50+ Mbps, Unlimited Data)

$49.32 PAB 49.32

Gym Membership (Monthly)

$34.80 UYU 1,397

$45.69 PAB 45.69

-23.83%

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$8.47 PAB 8.47

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

$553 PAB 553

International Primary School, 1 Child (Yearly)

$9,719 PAB 9,719

Jeans (Levis 501 Or Similar)

$73.9 UYU 2,966

$66.4 PAB 66.4

11.23%

Summer Dress (H&M, Zara, etc)

$61.7 UYU 2,475

$47.39 PAB 47.39

30.15%

Sport Shoes (Adidas, Nike)

$87.5 UYU 3,511

$95.7 PAB 95.7

-8.55%

Men's Leather Business Shoes

$101 UYU 4,067

$113 PAB 113

-10.03%

1-bedroom Apartment, City Center (Monthly)

$545 UYU 21.9K

$1,322 PAB 1,322

-58.79%

1-bedroom Apartment, Outside City Center (Monthly)

$476 UYU 19.1K

$874 PAB 874

-45.53%

3-bedroom Apartment, City Center (Monthly)

$804 UYU 32.3K

$2,153 PAB 2,153

-62.64%

3-bedroom Apartment, Outside City Center (Monthly)

$645 UYU 25.9K

$1,580 PAB 1,580

-59.19%

Buy Apartment in City Center (m2)

$3,097 PAB 3,097

Buy Apartment Outside City Center (m2)

$1,698 PAB 1,698

Average Monthly Net Salary (After Tax)

$914 PAB 914

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

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

Last update for Paysandú: October 19, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Paysandú

–

Panama City

$874 47.1%

Groceries & Markets

Paysandú

–

Panama City

$327 17.6%

Monthly Utilities & Internet

Paysandú

–

Panama City

$208 11.2%

Eating Out

Paysandú

–

Panama City

$207 11.2%

Clothing & Footwear

Paysandú

–

Panama City

$145 7.8%

Sport & Entertainment

Paysandú

–

Panama City

$63 3.4%

Getting Around

Paysandú

–

Panama City

$33 1.8%

Cost Breakdown

A central one-bedroom costs $545 in Paysandú versus $1,322 in Panama City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Good to know

🇺🇾 Paysandú

🇵🇦 Panama City

🕒 Local time

08:19 8:19 AM

06:19 6:19 AM

2 h behind Paysandú

🌤 Weather

👥 Population

76,429

1,086,990 Capital

💱 Currency

Uruguayan Peso UYU $U

Panamanian Balboa PAB B/.

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 23, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

Panamanian Balboa exchange rates as of October 23, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to UYU in detail →

On the map

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Highest

Between locations

Paysandú Panama City 5,120 km ≈ 7 h nonstop flight

From you

Paysandú
Panama 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

Paysandú vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 112%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,315 per month in Paysandú and $2,786 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Paysandú, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $876 in Paysandú and $1,857 in Panama City. That's a gap of about 112%.

Groceries cost about 485% more in Panama City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Paysandú, where all-in costs run around $876, than in Panama City at $1,857. In Paysandú it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Paysandú – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Paysandú. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.