Last update: Oct 2026

Cost of Living Comparison Between Puerto Armuelles and Panama City

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Cost of Living Index in Panama City
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Panama City Living Index

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Puerto Armuelles

🇵🇦 Panama

/mo nomad

Panama City

🇵🇦 Panama

$1,932

/mo nomad

Meal at Budget Restaurant

$11.72 PAB 11.72

Three-Course Dinner for Two, Mid-Range

$46.74 PAB 46.74

Fast Food Meal (McDonalds, etc)

$7.98 PAB 7.98

Cappuccino

$4.18 PAB 4.18

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

$1.95 PAB 1.95

Water (0.33 liter bottle)

$1.64 PAB 1.64

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

Imported Beer (0.33 liter bottle)

$3.90 PAB 3.90

Milk (1 liter)

$1.91 PAB 1.91

White Bread (500g)

$2.54 PAB 2.54

Rice (white) (1kg)

$3.37 PAB 3.37

Eggs

$2.82 PAB 2.82

Local Cheese (1kg)

$12.60 PAB 12.60

Chicken Fillets (1kg)

$6.71 PAB 6.71

Beef Round Steak (1kg)

$10.53 PAB 10.53

Apples (1kg)

$4.04 PAB 4.04

Banana (1kg)

$1.94 PAB 1.94

Oranges (1kg)

$4.25 PAB 4.25

Tomato (1kg)

$4.18 PAB 4.18

Potato (1kg)

$3.32 PAB 3.32

Onion (1kg)

$4.34 PAB 4.34

Lettuce (1 head)

$2.40 PAB 2.40

Water (1.5 liter bottle)

$1.71 PAB 1.71

Cigarettes 20 Pack (Marlboro, Camel)

$6.05 PAB 6.05

Wine (Bottle)

$11.38 PAB 11.38

Local Beer (0.5 liter bottle)

$1.36 PAB 1.36

Imported Beer (0.33 liter bottle)

$2.80 PAB 2.80

One-way Ticket (Public Transport)

$0.34 PAB 0.34

Public Transport Monthly Pass (Regular Price)

$21.28 PAB 21.28

Taxi Start (Normal Tariff)

$2.43 PAB 2.43

Taxi (Normal Tariff) (1km)

$1.85 PAB 1.85

Taxi 1hour Waiting (Normal Tariff)

$21.77 PAB 21.77

Gasoline (1 liter)

$1.20 PAB 1.20

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

$24.8K PAB 24.8K

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

$21.2K PAB 21.2K

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

$132 PAB 132

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

$28.34 PAB 28.34

Internet (50+ Mbps, Unlimited Data)

$48.88 PAB 48.88

Gym Membership (Monthly)

$43.02 PAB 43.02

Tennis Court (1 Hour on Weekend)

$34.94 PAB 34.94

Cinema Ticket

$8.43 PAB 8.43

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

$545 PAB 545

International Primary School, 1 Child (Yearly)

$9,648 PAB 9,648

Jeans (Levis 501 Or Similar)

$65.8 PAB 65.8

Summer Dress (H&M, Zara, etc)

$47.25 PAB 47.25

Sport Shoes (Adidas, Nike)

$94.6 PAB 94.6

Men's Leather Business Shoes

$110 PAB 110

1-bedroom Apartment, City Center (Monthly)

$1,407 PAB 1,407

1-bedroom Apartment, Outside City Center (Monthly)

$954 PAB 954

3-bedroom Apartment, City Center (Monthly)

$2,272 PAB 2,272

3-bedroom Apartment, Outside City Center (Monthly)

$1,662 PAB 1,662

Buy Apartment in City Center (m2)

$3,057 PAB 3,057

Buy Apartment Outside City Center (m2)

$1,729 PAB 1,729

Average Monthly Net Salary (After Tax)

$916 PAB 916

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 Puerto Armuelles: October 24, 2026

Last update for Panama City: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Puerto Armuelles

–

Panama City

$954 49.3%

Groceries & Markets

Puerto Armuelles

–

Panama City

$326 16.9%

Monthly Utilities & Internet

Puerto Armuelles

–

Panama City

$210 10.9%

Eating Out

Puerto Armuelles

–

Panama City

$206 10.7%

Clothing & Footwear

Puerto Armuelles

–

Panama City

$143 7.4%

Sport & Entertainment

Puerto Armuelles

–

Panama City

$60 3.1%

Getting Around

Puerto Armuelles

–

Panama City

$34 1.8%

Good to know

🇵🇦 Puerto Armuelles

🇵🇦 Panama City

🕒 Local time

01:14 1:14 AM

Same time as Puerto Armuelles

🌤 Weather

👥 Population

20,455

1,086,990 Capital

💱 Currency

Panamanian Balboa PAB B/.

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.897 EUR

1 PAB = 1 USD

1 PAB = 0.897 EUR

Exchange rates and currency converter

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Puerto Armuelles

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Puerto Armuelles

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