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

🙂 Solo nomad: Santiago is 19.6% cheaper than Panama City without rent, and 20.7% cheaper with rent.

🙂 Family of 3: Santiago is 20.1% cheaper than Panama City without rent, and 25.4% cheaper with rent.

Meal at Budget Restaurant

$4.41 PAB 4.41

$10.18 PAB 10.18

-56.68%

Three-Course Dinner for Two, Mid-Range

$30.52 PAB 30.52

$49.36 PAB 49.36

-38.17%

Fast Food Meal (McDonalds, etc)

$4.89 PAB 4.89

$8.16 PAB 8.16

-40.07%

Cappuccino

$3.62 PAB 3.62

$3.58 PAB 3.58

1.12%

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

$0.68 PAB 0.68

$1.66 PAB 1.66

-59.04%

Water (0.33 liter bottle)

$0.82 PAB 0.82

$1.41 PAB 1.41

-41.84%

Local Beer (0.5 liter draught)

$0.99 PAB 0.99

$3.08 PAB 3.08

-67.86%

Imported Beer (0.33 liter bottle)

$1.97 PAB 1.97

$3.9 PAB 3.9

-49.49%

Milk (1 liter)

$1.8 PAB 1.8

$1.88 PAB 1.88

-4.26%

White Bread (500g)

$2.44 PAB 2.44

$2.56 PAB 2.56

-4.69%

Rice (white) (1kg)

$2.5 PAB 2.5

$2.52 PAB 2.52

-0.79%

Eggs

$2.94 PAB 2.94

$2.95 PAB 2.95

-0.34%

Local Cheese (1kg)

$11.56 PAB 11.56

$11.6 PAB 11.6

-0.34%

Chicken Fillets (1kg)

$7.15 PAB 7.15

$7.14 PAB 7.14

0.14%

Beef Round Steak (1kg)

$9.97 PAB 9.97

$9.92 PAB 9.92

0.50%

Apples (1kg)

$3.42 PAB 3.42

Banana (1kg)

$1.57 PAB 1.57

$1.49 PAB 1.49

5.37%

Oranges (1kg)

$2.86 PAB 2.86

$2.73 PAB 2.73

4.76%

Tomato (1kg)

$3.21 PAB 3.21

$3.24 PAB 3.24

-0.93%

Potato (1kg)

$2.19 PAB 2.19

$2.28 PAB 2.28

-3.95%

Onion (1kg)

$2.88 PAB 2.88

$2.91 PAB 2.91

-1.03%

Lettuce (1 head)

$2.24 PAB 2.24

$2.14 PAB 2.14

4.67%

Water (1.5 liter bottle)

$1.51 PAB 1.51

$1.57 PAB 1.57

-3.82%

Cigarettes 20 Pack (Marlboro, Camel)

$5.98 PAB 5.98

$5.84 PAB 5.84

2.40%

Wine (Bottle)

$10.15 PAB 10.15

$9.91 PAB 9.91

2.42%

Local Beer (0.5 liter bottle)

$1.28 PAB 1.28

$1.3 PAB 1.3

-1.54%

Imported Beer (0.33 liter bottle)

$2.45 PAB 2.45

$2.32 PAB 2.32

5.60%

One-way Ticket (Public Transport)

$0.44 PAB 0.44

Public Transport Monthly Pass (Regular Price)

$22.32 PAB 22.32

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

$2.53 PAB 2.53

0.79%

Taxi (Normal Tariff) (1km)

$1.84 PAB 1.84

$1.76 PAB 1.76

4.55%

Taxi 1hour Waiting (Normal Tariff)

$22.22 PAB 22.22

$21.86 PAB 21.86

1.65%

Gasoline (1 liter)

$0.93 PAB 0.93

$0.89 PAB 0.89

4.49%

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

$19.6K PAB 19.6K

$19.9K PAB 19.9K

-1.63%

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

$20.7K PAB 20.7K

$20.5K PAB 20.5K

1.05%

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

$120 PAB 120

$124 PAB 124

-3.70%

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

$14.76 PAB 14.76

$29.96 PAB 29.96

-50.73%

Internet (50+ Mbps, Unlimited Data)

$42.61 PAB 42.61

$50.2 PAB 50.2

-15.03%

Gym Membership (Monthly)

$44.96 PAB 44.96

Tennis Court (1 Hour on Weekend)

$32.03 PAB 32.03

Cinema Ticket

$7.77 PAB 7.77

$8.16 PAB 8.16

-4.78%

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

$473 PAB 473

$471 PAB 471

0.35%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

$16K PAB 16K

-1.12%

Jeans (Levis 501 Or Similar)

$50.6 PAB 50.6

$52 PAB 52

-2.69%

Summer Dress (H&M, Zara, etc)

$45.72 PAB 45.72

$45.24 PAB 45.24

1.06%

Sport Shoes (Adidas, Nike)

$88.2 PAB 88.2

$87.6 PAB 87.6

0.71%

Men's Leather Business Shoes

$120 PAB 120

-0.19%

1-bedroom Apartment, City Center (Monthly)

$449 PAB 449

$1,126 PAB 1,126

-60.09%

1-bedroom Apartment, Outside City Center (Monthly)

$638 PAB 638

$890 PAB 890

-28.26%

3-bedroom Apartment, City Center (Monthly)

$650 PAB 650

$2,013 PAB 2,013

-67.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,112 PAB 1,112

$1,555 PAB 1,555

-28.52%

Buy Apartment in City Center (m2)

$2,710 PAB 2,710

Buy Apartment Outside City Center (m2)

$1,655 PAB 1,655

Average Monthly Net Salary (After Tax)

$975 PAB 975

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: October 28, 2025

Last update for Panama City: October 29, 2025

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