Cost of Living Comparison Between Santiago and Panama City Cost of Living Comparison Between Santiago and Panama City

🙂 Solo nomad: Santiago is 15% cheaper than Panama City without rent, and 22.4% cheaper with rent.

🙂 Family of 3: Santiago is 15.4% cheaper than Panama City without rent, and 25.2% cheaper with rent.

Meal at Budget Restaurant

$4.48 PAB 4.48

$9.95 PAB 9.95

-54.97%

Three-Course Dinner for Two, Mid-Range

$30.31 PAB 30.31

$49.92 PAB 49.92

-39.28%

Fast Food Meal (McDonalds, etc)

$4.97 PAB 4.97

$8.01 PAB 8.01

-37.95%

Cappuccino

$3.65 PAB 3.65

$3.66 PAB 3.66

-0.27%

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

$0.67 PAB 0.67

$1.72 PAB 1.72

-61.05%

Water (0.33 liter bottle)

$0.76 PAB 0.76

$1.38 PAB 1.38

-44.93%

Local Beer (0.5 liter draught)

$1.01 PAB 1.01

$2.92 PAB 2.92

-65.41%

Imported Beer (0.33 liter bottle)

$1.96 PAB 1.96

$4.08 PAB 4.08

-51.96%

Milk (1 liter)

$1.88 PAB 1.88

$1.91 PAB 1.91

-1.57%

White Bread (500g)

$2.46 PAB 2.46

Rice (white) (1kg)

$2.50 PAB 2.50

$2.41 PAB 2.41

3.73%

Eggs

$2.85 PAB 2.85

$2.82 PAB 2.82

1.06%

Local Cheese (1kg)

$11.39 PAB 11.39

$11.49 PAB 11.49

-0.87%

Chicken Fillets (1kg)

$7.06 PAB 7.06

$7.24 PAB 7.24

-2.49%

Beef Round Steak (1kg)

$9.82 PAB 9.82

$9.90 PAB 9.90

-0.81%

Apples (1kg)

$3.28 PAB 3.28

$3.38 PAB 3.38

-2.96%

Banana (1kg)

$1.49 PAB 1.49

$1.48 PAB 1.48

0.68%

Oranges (1kg)

$2.78 PAB 2.78

$2.87 PAB 2.87

-3.14%

Tomato (1kg)

$3.14 PAB 3.14

$3.23 PAB 3.23

-2.79%

Potato (1kg)

$2.30 PAB 2.30

Onion (1kg)

$2.88 PAB 2.88

$2.89 PAB 2.89

-0.35%

Lettuce (1 head)

$2.16 PAB 2.16

$2.22 PAB 2.22

-2.70%

Water (1.5 liter bottle)

$1.59 PAB 1.59

Cigarettes 20 Pack (Marlboro, Camel)

$5.83 PAB 5.83

$6.09 PAB 6.09

-4.27%

Wine (Bottle)

$9.84 PAB 9.84

$9.83 PAB 9.83

0.10%

Local Beer (0.5 liter bottle)

$1.26 PAB 1.26

Imported Beer (0.33 liter bottle)

$2.42 PAB 2.42

$2.46 PAB 2.46

-1.63%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

Public Transport Monthly Pass (Regular Price)

$22.67 PAB 22.67

Taxi Start (Normal Tariff)

$2.49 PAB 2.49

$2.56 PAB 2.56

-2.73%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$1.78 PAB 1.78

0.56%

Taxi 1hour Waiting (Normal Tariff)

$22.43 PAB 22.43

$22.26 PAB 22.26

0.76%

Gasoline (1 liter)

$0.92 PAB 0.92

$0.93 PAB 0.93

-1.08%

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

$19.6K PAB 19.6K

$19.5K PAB 19.5K

0.44%

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

$20.6K PAB 20.6K

$20.2K PAB 20.2K

1.79%

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

$120 PAB 120

$125 PAB 125

-4.02%

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

$15.10 PAB 15.10

$30.03 PAB 30.03

-49.72%

Internet (50+ Mbps, Unlimited Data)

$43.43 PAB 43.43

$48.56 PAB 48.56

-10.56%

Gym Membership (Monthly)

$46.20 PAB 46.20

Tennis Court (1 Hour on Weekend)

$32.29 PAB 32.29

Cinema Ticket

$8.02 PAB 8.02

$7.96 PAB 7.96

0.75%

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

$481 PAB 481

$474 PAB 474

1.44%

International Primary School, 1 Child (Yearly)

$15.6K PAB 15.6K

$15.8K PAB 15.8K

-1.03%

Jeans (Levis 501 Or Similar)

$50.5 PAB 50.5

$51.9 PAB 51.9

-2.70%

Summer Dress (H&M, Zara, etc)

$45.57 PAB 45.57

$46.99 PAB 46.99

-3.02%

Sport Shoes (Adidas, Nike)

$89.4 PAB 89.4

$89.0 PAB 89.0

0.48%

Men's Leather Business Shoes

$121 PAB 121

$120 PAB 120

0.25%

1-bedroom Apartment, City Center (Monthly)

$452 PAB 452

$1,146 PAB 1,146

-60.53%

1-bedroom Apartment, Outside City Center (Monthly)

$642 PAB 642

$884 PAB 884

-27.33%

3-bedroom Apartment, City Center (Monthly)

$656 PAB 656

$2,014 PAB 2,014

-67.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,101 PAB 1,101

$1,586 PAB 1,586

-30.57%

Buy Apartment in City Center (m2)

$3,112 PAB 3,112

Buy Apartment Outside City Center (m2)

$1,734 PAB 1,734

Average Monthly Net Salary (After Tax)

$873 PAB 873

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

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

Last update for Santiago: January 11, 2026

Last update for Panama City: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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