Last update: Oct 2026

Cost of Living Comparison Between San Miguelito and Coronado

For one person, living is cheaper in San Miguelito: $955 a month against $1,342 in Coronado, rent and utilities included – about $4,600 less a year. Higher rent and utilities in Coronado outweigh lower spending on other living expenses.

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Cost of Living Index in San Miguelito
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San Miguelito Living Index

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San Miguelito

🇵🇦 Panama

$955

/mo nomad

Coronado

🇵🇦 Panama

$1,342

/mo nomad

Monthly Cost of Living

How much you'll spend in San Miguelito and in Coronado

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

Monthly costs for one person with rent: $955 in San Miguelito versus $1,342 in Coronado.

San Miguelito $955
Coronado $1,342

Estimated couple costs with rent: $1,528 in San Miguelito versus $2,171 in Coronado.

San Miguelito $1,528
Coronado $2,171

Monthly costs for a family of three with rent: $2,101 in San Miguelito versus $2,999 in Coronado.

San Miguelito $2,101
Coronado $2,999

Living in San Miguelito costs roughly 29% less than in Coronado, and outside of rent the biggest gap is in utilities.

Meal at Budget Restaurant

$11.49 PAB 11.49

$11.95 PAB 11.95

-3.85%

Three-Course Dinner for Two, Mid-Range

$47.34 PAB 47.34

$54.9 PAB 54.9

-13.79%

Fast Food Meal (McDonalds, etc)

$7.78 PAB 7.78

$8.98 PAB 8.98

-13.36%

Cappuccino

$4.04 PAB 4.04

$3.83 PAB 3.83

5.48%

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

$1.91 PAB 1.91

$1.22 PAB 1.22

56.56%

Water (0.33 liter bottle)

$1.55 PAB 1.55

$0.91 PAB 0.91

70.33%

Local Beer (0.5 liter draught)

$3.28 PAB 3.28

$1.03 PAB 1.03

218.45%

Imported Beer (0.33 liter bottle)

$4.10 PAB 4.10

$2.48 PAB 2.48

65.32%

Milk (1 liter)

$1.84 PAB 1.84

$1.88 PAB 1.88

-2.13%

White Bread (500g)

$2.53 PAB 2.53

$1.53 PAB 1.53

65.36%

Rice (white) (1kg)

$3.52 PAB 3.52

Eggs

$2.68 PAB 2.68

$2.31 PAB 2.31

16.02%

Local Cheese (1kg)

$12.56 PAB 12.56

$11.93 PAB 11.93

5.28%

Chicken Fillets (1kg)

$6.91 PAB 6.91

$6.84 PAB 6.84

1.02%

Beef Round Steak (1kg)

$10.36 PAB 10.36

$9.00 PAB 9.00

15.11%

Apples (1kg)

$4.01 PAB 4.01

Banana (1kg)

$1.90 PAB 1.90

$0.89 PAB 0.89

113.48%

Oranges (1kg)

$4.19 PAB 4.19

$2.94 PAB 2.94

42.52%

Tomato (1kg)

$4.03 PAB 4.03

$2.97 PAB 2.97

35.69%

Potato (1kg)

$3.45 PAB 3.45

$1.85 PAB 1.85

86.49%

Onion (1kg)

$4.22 PAB 4.22

$1.89 PAB 1.89

123.28%

Lettuce (1 head)

$2.40 PAB 2.40

$2.56 PAB 2.56

-6.25%

Water (1.5 liter bottle)

$1.77 PAB 1.77

Cigarettes 20 Pack (Marlboro, Camel)

$6.16 PAB 6.16

Wine (Bottle)

$11.51 PAB 11.51

$8.31 PAB 8.31

38.51%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$0.69 PAB 0.69

105.80%

Imported Beer (0.33 liter bottle)

$2.74 PAB 2.74

$0.75 PAB 0.75

265.33%

One-way Ticket (Public Transport)

$0.72 PAB 0.72

Taxi Start (Normal Tariff)

$2.56 PAB 2.56

$1.49 PAB 1.49

71.81%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$1.52 PAB 1.52

17.76%

Taxi 1hour Waiting (Normal Tariff)

$21.79 PAB 21.79

Gasoline (1 liter)

$1.25 PAB 1.25

$0.91 PAB 0.91

37.36%

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)

$20.9K PAB 20.9K

$33.5K PAB 33.5K

-37.60%

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

$129 PAB 129

$168 PAB 168

-23.20%

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

$28.26 PAB 28.26

$20.91 PAB 20.91

35.15%

Internet (50+ Mbps, Unlimited Data)

$48.32 PAB 48.32

$58.0 PAB 58.0

-16.69%

Gym Membership (Monthly)

$49.90 PAB 49.90

$60.0 PAB 60.0

-16.86%

Cinema Ticket

$8.48 PAB 8.48

$3.34 PAB 3.34

153.89%

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

$538 PAB 538

International Primary School, 1 Child (Yearly)

$9,461 PAB 9,461

Jeans (Levis 501 Or Similar)

$66.7 PAB 66.7

$44.21 PAB 44.21

50.87%

Summer Dress (H&M, Zara, etc)

$48.10 PAB 48.10

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

Men's Leather Business Shoes

$111 PAB 111

$64.3 PAB 64.3

72.38%

1-bedroom Apartment, City Center (Monthly)

$762 PAB 762

1-bedroom Apartment, Outside City Center (Monthly)

$567 PAB 567

3-bedroom Apartment, City Center (Monthly)

$1,234 PAB 1,234

3-bedroom Apartment, Outside City Center (Monthly)

$1,305 PAB 1,305

Buy Apartment Outside City Center (m2)

$2,001 PAB 2,001

Average Monthly Net Salary (After Tax)

$456 PAB 456

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 San Miguelito: October 26, 2026

Last update for Coronado: October 26, 2026

Monthly budget structure

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

Groceries & Markets

San Miguelito

$326 34.1%

Coronado

–

Monthly Utilities & Internet

San Miguelito

$206 21.5%

Coronado

–

Eating Out

San Miguelito

$202 21.2%

Coronado

–

Clothing & Footwear

San Miguelito

$144 15.1%

Coronado

–

Sport & Entertainment

San Miguelito

$67 7%

Coronado

–

Getting Around

San Miguelito

$12 * 1.2%

Coronado

–

Accommodation & Living

San Miguelito

- * 0%

Coronado

–

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Dining out: $47 in San Miguelito vs $55 in Coronado. Groceries flip the comparison at $326 vs $213, with Coronado cheaper for home cooking.

Good to know

🇵🇦 San Miguelito

🇵🇦 Coronado

🕒 Local time

09:05 9:05 AM

Same time as San Miguelito

🌤 Weather

👥 Population

375,409

1,444

💱 Currency

Panamanian Balboa PAB B/.

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.899 EUR

1 PAB = 1 USD

1 PAB = 0.899 EUR

Exchange rates and currency converter

On the map

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Between locations

San Miguelito Coronado 73 km

From you

San Miguelito
Coronado

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

San Miguelito vs Coronado: Cost of Living - Frequently Asked Questions

San Miguelito wins on cost – living expenses run 29% lower than in Coronado. Housing and daily spending are where you’ll feel the difference most, making San Miguelito the obvious pick if budget is a priority.

You’d need roughly $1,433 in San Miguelito and $2,013 in Coronado to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

All in, you’ll spend $955 per month in San Miguelito versus $1,342 in Coronado – a 40% gap that adds up to real savings over time for anyone picking the cheaper option.

Shoppers in Coronado pay roughly 34% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

Both cities are expensive relative to $800. San Miguelito is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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.