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

🙂 Solo nomad: Santiago is 16.6% cheaper than Panama City without rent, and 22.7% cheaper with rent.

🙂 Family of 3: Santiago is 31.6% cheaper than Panama City without rent, and 27.4% cheaper with rent.

Meal at Budget Restaurant

$4.39 PAB 4.39

$10.17 PAB 10.17

-56.83%

Three-Course Dinner for Two, Mid-Range

$30.38 PAB 30.38

$50.4 PAB 50.4

-39.77%

Fast Food Meal (McDonalds, etc)

$4.92 PAB 4.92

$7.88 PAB 7.88

-37.56%

Cappuccino

$3.67 PAB 3.67

$3.71 PAB 3.71

-1.08%

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

$0.67 PAB 0.67

$1.64 PAB 1.64

-59.15%

Water (0.33 liter bottle)

$0.81 PAB 0.81

$1.33 PAB 1.33

-39.10%

Local Beer (0.5 liter draught)

$0.97 PAB 0.97

$2.95 PAB 2.95

-67.12%

Imported Beer (0.33 liter bottle)

$1.99 PAB 1.99

$4.06 PAB 4.06

-50.99%

Milk (1 liter)

$1.88 PAB 1.88

$1.83 PAB 1.83

2.73%

White Bread (500g)

$2.50 PAB 2.50

$2.58 PAB 2.58

-3.10%

Rice (white) (1kg)

$2.38 PAB 2.38

$2.40 PAB 2.40

-0.83%

Eggs

$2.81 PAB 2.81

$2.97 PAB 2.97

-5.39%

Local Cheese (1kg)

$11.56 PAB 11.56

$11.34 PAB 11.34

1.94%

Chicken Fillets (1kg)

$7.23 PAB 7.23

$7.06 PAB 7.06

2.41%

Beef Round Steak (1kg)

$10.22 PAB 10.22

$9.76 PAB 9.76

4.71%

Apples (1kg)

$3.28 PAB 3.28

$3.40 PAB 3.40

-3.53%

Banana (1kg)

$1.49 PAB 1.49

$1.50 PAB 1.50

-0.67%

Oranges (1kg)

$2.73 PAB 2.73

$2.77 PAB 2.77

-1.44%

Tomato (1kg)

$3.19 PAB 3.19

$3.23 PAB 3.23

-1.24%

Potato (1kg)

$2.28 PAB 2.28

$2.20 PAB 2.20

3.64%

Onion (1kg)

$2.76 PAB 2.76

$2.87 PAB 2.87

-3.83%

Lettuce (1 head)

$2.17 PAB 2.17

Water (1.5 liter bottle)

$1.58 PAB 1.58

$1.54 PAB 1.54

2.60%

Cigarettes 20 Pack (Marlboro, Camel)

$6.07 PAB 6.07

$5.99 PAB 5.99

1.34%

Wine (Bottle)

$10.56 PAB 10.56

$10.31 PAB 10.31

2.42%

Local Beer (0.5 liter bottle)

$1.30 PAB 1.30

Imported Beer (0.33 liter bottle)

$2.34 PAB 2.34

$2.33 PAB 2.33

0.43%

One-way Ticket (Public Transport)

$0.43 PAB 0.43

Public Transport Monthly Pass (Regular Price)

$22.39 PAB 22.39

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$2.46 PAB 2.46

2.44%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$1.82 PAB 1.82

-1.65%

Taxi 1hour Waiting (Normal Tariff)

$21.68 PAB 21.68

$21.57 PAB 21.57

0.51%

Gasoline (1 liter)

$0.87 PAB 0.87

$0.95 PAB 0.95

-8.42%

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

$20.1K PAB 20.1K

-0.20%

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

$20.9K PAB 20.9K

$20.1K PAB 20.1K

3.57%

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

$121 PAB 121

$123 PAB 123

-2.23%

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

$15.04 PAB 15.04

$29.81 PAB 29.81

-49.55%

Internet (50+ Mbps, Unlimited Data)

$42.25 PAB 42.25

$49.87 PAB 49.87

-15.28%

Gym Membership (Monthly)

$46.19 PAB 46.19

Tennis Court (1 Hour on Weekend)

$32.83 PAB 32.83

Cinema Ticket

$8.09 PAB 8.09

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

$476 PAB 476

$478 PAB 478

-0.50%

International Primary School, 1 Child (Yearly)

$15.5K PAB 15.5K

$15.8K PAB 15.8K

-1.91%

Jeans (Levis 501 Or Similar)

$52.1 PAB 52.1

$52.0 PAB 52.0

0.17%

Summer Dress (H&M, Zara, etc)

$46.79 PAB 46.79

$46.66 PAB 46.66

0.28%

Sport Shoes (Adidas, Nike)

$87.6 PAB 87.6

$89.6 PAB 89.6

-2.27%

Men's Leather Business Shoes

$121 PAB 121

$123 PAB 123

-1.66%

1-bedroom Apartment, City Center (Monthly)

$444 PAB 444

$1,124 PAB 1,124

-60.46%

1-bedroom Apartment, Outside City Center (Monthly)

$643 PAB 643

$894 PAB 894

-28.09%

3-bedroom Apartment, City Center (Monthly)

$659 PAB 659

$2,059 PAB 2,059

-68.00%

3-bedroom Apartment, Outside City Center (Monthly)

$1,082 PAB 1,082

$1,553 PAB 1,553

-30.37%

Buy Apartment in City Center (m2)

$3,128 PAB 3,128

Buy Apartment Outside City Center (m2)

$1,730 PAB 1,730

Average Monthly Net Salary (After Tax)

$967 PAB 967

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: March 3, 2026

Last update for Panama City: March 1, 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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