Last update: Oct 2026

Cost of Living Comparison Between Playa del Carmen and Panama City, FL

For one person, living is cheaper in Playa del Carmen: $1,204 a month against $2,409 in Panama City, FL, rent and utilities included – about $14,500 less a year. Rent and utilities account for most of the difference.

58

Cost of Living Index in Playa del Carmen
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Playa del Carmen Living Index
115

Cost of Living Index in Panama City, FL
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Panama City, FL Living Index

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Playa del Carmen

🇲🇽 Mexico

$1,204

/mo nomad

Panama City, FL

🇺🇸 United States

$2,409

/mo nomad

Monthly Cost of Living

How much you'll spend in Playa del Carmen and in Panama City, FL

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

Monthly costs for one person with rent: $1,204 in Playa del Carmen versus $2,409 in Panama City, FL.

Playa del Carmen $1,204
Panama City, FL $2,409

Estimated couple costs with rent: $2,082 in Playa del Carmen versus $3,287 in Panama City, FL.

Playa del Carmen $2,082
Panama City, FL $3,287

Monthly costs for a family of three with rent: $2,959 in Playa del Carmen versus $4,165 in Panama City, FL.

Playa del Carmen $2,959
Panama City, FL $4,165

Living in Playa del Carmen costs roughly 50% less than in Panama City, FL, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Playa del Carmen is 12% below, Panama City, FL is 77% above.

Meal at Budget Restaurant

$10.92 MX$205

$18.74 $18.74

-41.73%

Three-Course Dinner for Two, Mid-Range

$43.37 MX$813

$54.0 $54.0

-19.69%

Fast Food Meal (McDonalds, etc)

$11.78 MX$221

$12.11 $12.11

-2.73%

Cappuccino

$3.81 MX$71.4

$5.60 $5.60

-31.96%

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

$1.28 MX$24.04

$2.89 $2.89

-55.71%

Water (0.33 liter bottle)

$0.78 MX$14.68

$1.70 $1.70

-54.12%

Local Beer (0.5 liter draught)

$3.17 MX$59.4

$5.10 $5.10

-37.84%

Imported Beer (0.33 liter bottle)

$4.93 MX$92.5

$7.12 $7.12

-30.76%

Milk (1 liter)

$1.41 MX$26.37

$0.90 $0.90

56.67%

White Bread (500g)

$2.22 MX$41.57

$3.46 $3.46

-35.84%

Rice (white) (1kg)

$1.42 MX$26.57

$2.66 $2.66

-46.62%

Eggs

$2.52 MX$47.30

$3.30 $3.30

-23.64%

Local Cheese (1kg)

$7.26 MX$136

$10.78 $10.78

-32.65%

Chicken Fillets (1kg)

$7.70 MX$144

$11.61 $11.61

-33.68%

Beef Round Steak (1kg)

$12.69 MX$238

$14.64 $14.64

-13.32%

Apples (1kg)

$2.78 MX$52.2

$4.10 $4.10

-32.20%

Banana (1kg)

$1.37 MX$25.65

$1.49 $1.49

-8.05%

Oranges (1kg)

$2.55 MX$47.83

$2.73 $2.73

-6.59%

Tomato (1kg)

$2.12 MX$39.81

$4.30 $4.30

-50.70%

Potato (1kg)

$1.94 MX$36.34

$3.11 $3.11

-37.62%

Onion (1kg)

$1.89 MX$35.36

$2.84 $2.84

-33.45%

Lettuce (1 head)

$1.15 MX$21.50

$2.09 $2.09

-44.98%

Water (1.5 liter bottle)

$1.18 MX$22.11

$2.22 $2.22

-46.85%

Cigarettes 20 Pack (Marlboro, Camel)

$4.30 MX$80.5

$9.31 $9.31

-53.81%

Wine (Bottle)

$9.95 MX$187

$12.15 $12.15

-18.11%

Local Beer (0.5 liter bottle)

$1.58 MX$29.69

$1.70 $1.70

-7.06%

Imported Beer (0.33 liter bottle)

$2.67 MX$50.1

$3.86 $3.86

-30.83%

One-way Ticket (Public Transport)

$0.55 MX$10.37

$1.46 $1.46

-62.33%

Public Transport Monthly Pass (Regular Price)

$26.62 MX$499

$35.52 $35.52

-25.06%

Taxi Start (Normal Tariff)

$4.97 MX$93.2

$2.55 $2.55

94.90%

Taxi (Normal Tariff) (1km)

$3.33 MX$62.5

$1.51 $1.51

120.53%

Taxi 1hour Waiting (Normal Tariff)

$5.36 MX$100

$26.17 $26.17

-79.52%

Gasoline (1 liter)

$1.44 MX$27.07

$0.98 $0.98

46.94%

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

$20.7K MX$387.5K

$27.5K $27.5K

-24.85%

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

$23.5K MX$440.0K

$25.9K $25.9K

-9.57%

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

$84.8 MX$1,590

$169 $169

-49.93%

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

$23.41 MX$439

$44.38 $44.38

-47.25%

Internet (50+ Mbps, Unlimited Data)

$28.66 MX$537

$59.5 $59.5

-51.86%

Gym Membership (Monthly)

$57.1 MX$1,070

$24.35 $24.35

134.29%

Tennis Court (1 Hour on Weekend)

$28.91 MX$542

Cinema Ticket

$5.14 MX$96.4

$12.87 $12.87

-60.06%

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

$207 MX$3,873

$618 $618

-66.57%

International Primary School, 1 Child (Yearly)

$3,927 MX$73.6K

$13.9K $13.9K

-71.65%

Jeans (Levis 501 Or Similar)

$43.35 MX$813

$48.26 $48.26

-10.17%

Summer Dress (H&M, Zara, etc)

$41.44 MX$777

$40.43 $40.43

2.50%

Sport Shoes (Adidas, Nike)

$74.2 MX$1,391

$84.5 $84.5

-12.15%

Men's Leather Business Shoes

$89.3 MX$1,673

$95.9 $95.9

-6.90%

1-bedroom Apartment, City Center (Monthly)

$980 MX$18.4K

$921 $921

6.35%

1-bedroom Apartment, Outside City Center (Monthly)

$381 MX$7,140

$1,248 $1,248

-69.48%

3-bedroom Apartment, City Center (Monthly)

$1,708 MX$32.0K

$1,673 $1,673

2.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,075 MX$20.2K

$1,662 $1,662

-35.30%

Buy Apartment in City Center (m2)

$3,943 MX$73.9K

$3,269 $3,269

20.61%

Buy Apartment Outside City Center (m2)

$6,158 MX$115.5K

$2,694 $2,694

128.53%

Average Monthly Net Salary (After Tax)

$735 MX$13.8K

$3,980 $3,980

-81.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.45

6.54

75.08%

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

Last update for Playa del Carmen: October 25, 2026

Last update for Panama City, FL: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Playa del Carmen

$381 31.6%

Panama City, FL

$1.2K 51.8% 228% $867

Groceries & Markets

Playa del Carmen

$255 21.2%

Panama City, FL

$354 14.7% 39% $99

Eating Out

Playa del Carmen

$202 16.8%

Panama City, FL

$312 12.9% 53.9% $109

Monthly Utilities & Internet

Playa del Carmen

$137 11.4%

Panama City, FL

$273 11.3% 99.7% $136

Clothing & Footwear

Playa del Carmen

$112 9.3%

Panama City, FL

$121 5% 8.4% $9.3

Sport & Entertainment

Playa del Carmen

$67 5.6%

Panama City, FL

$50 2.1% 25.6% $17

Getting Around

Playa del Carmen

$50 4.2%

Panama City, FL

$51 2.1% 2% $1

Cost Breakdown

A one-bedroom apartment in the center runs $980 in Playa del Carmen and $921 in Panama City, FL. Housing cost is often the main lever when comparing two cities.

Panama City, FL pays about 5.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $43 in Playa del Carmen vs $54 in Panama City, FL for a mid-range dinner for two. Groceries echo the gap at $255 vs $354 per month, with Playa del Carmen cheaper across the board.

Good to know

🇲🇽 Playa del Carmen

🇺🇸 Panama City, FL

🕒 Local time

08:06 8:06 AM

Same time as Playa del Carmen

🌤 Weather

👥 Population

149,923

36,484

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.33 USD

100 MXN = 4.78 EUR

1 USD = 0.896 EUR

Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 29, 2026: 1 USD = 18.75 MXN (100 MXN = 5.33 USD). 1 EUR = 20.92 MXN (100 MXN = 4.78 EUR).

United States Dollar exchange rates as of October 29, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

USD to MXN in detail →

On the map

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Between locations

Playa del Carmen Panama City, FL 1,070 km ≈ 1 h 45 min nonstop flight

From you

Playa del Carmen
Panama City, FL

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

Playa del Carmen vs Panama City, FL: Cost of Living - Frequently Asked Questions

Playa del Carmen wins on cost – living expenses run 50% lower than in Panama City, FL. Housing and daily spending are where you’ll feel the difference most, making Playa del Carmen the obvious pick if budget is a priority.

On paper, salaries run 82% lower in Playa del Carmen. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $980 in Playa del Carmen versus $921 in Panama City, FL. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $207 in Playa del Carmen versus $618 in Panama City, FL. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 39% higher in Panama City, FL. For households that cook at home regularly, that difference adds up over a month.

At $1,204 in Playa del Carmen versus $2,409 in Panama City, FL, a $1,500 budget is realistic in Playa del Carmen but tight or insufficient in Panama City, FL. The gap between the two cities makes Playa del Carmen the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Playa del Carmen wins on affordability, Panama City, FL on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.