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

🙂 Solo nomad: Santiago is 25.1% cheaper than Panama City without rent, and 19.7% cheaper with rent.

🙂 Family of 3: Santiago is 32.6% cheaper than Panama City without rent, and 24.5% cheaper with rent.

Meal at Budget Restaurant

$4.43 PAB 4.43

$9.91 PAB 9.91

-55.30%

Three-Course Dinner for Two, Mid-Range

$30.46 PAB 30.46

$50.6 PAB 50.6

-39.77%

Fast Food Meal (McDonalds, etc)

$5.05 PAB 5.05

$7.88 PAB 7.88

-35.91%

Cappuccino

$3.69 PAB 3.69

$3.67 PAB 3.67

0.54%

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

$0.67 PAB 0.67

$1.67 PAB 1.67

-59.88%

Water (0.33 liter bottle)

$0.81 PAB 0.81

$1.35 PAB 1.35

-40.00%

Local Beer (0.5 liter draught)

$0.99 PAB 0.99

$2.95 PAB 2.95

-66.44%

Imported Beer (0.33 liter bottle)

$2.02 PAB 2.02

$4.03 PAB 4.03

-49.88%

Milk (1 liter)

$1.89 PAB 1.89

$1.87 PAB 1.87

1.07%

White Bread (500g)

$2.55 PAB 2.55

$2.47 PAB 2.47

3.24%

Rice (white) (1kg)

$2.49 PAB 2.49

$2.48 PAB 2.48

0.40%

Eggs

$2.91 PAB 2.91

$2.95 PAB 2.95

-1.36%

Local Cheese (1kg)

$11.36 PAB 11.36

$11.64 PAB 11.64

-2.41%

Chicken Fillets (1kg)

$7.02 PAB 7.02

Beef Round Steak (1kg)

$10.20 PAB 10.20

$9.66 PAB 9.66

5.59%

Apples (1kg)

$3.45 PAB 3.45

$3.43 PAB 3.43

0.58%

Banana (1kg)

$1.56 PAB 1.56

$1.55 PAB 1.55

0.65%

Oranges (1kg)

$2.86 PAB 2.86

$2.78 PAB 2.78

2.88%

Tomato (1kg)

$3.20 PAB 3.20

$3.18 PAB 3.18

0.63%

Potato (1kg)

$2.30 PAB 2.30

$2.32 PAB 2.32

-0.86%

Onion (1kg)

$2.92 PAB 2.92

$2.91 PAB 2.91

0.34%

Lettuce (1 head)

$2.16 PAB 2.16

$2.15 PAB 2.15

0.47%

Water (1.5 liter bottle)

$1.50 PAB 1.50

$1.58 PAB 1.58

-5.06%

Cigarettes 20 Pack (Marlboro, Camel)

$5.88 PAB 5.88

$6.02 PAB 6.02

-2.33%

Wine (Bottle)

$10.59 PAB 10.59

$10.26 PAB 10.26

3.22%

Local Beer (0.5 liter bottle)

$1.31 PAB 1.31

$1.28 PAB 1.28

2.34%

Imported Beer (0.33 liter bottle)

$2.41 PAB 2.41

$2.33 PAB 2.33

3.43%

One-way Ticket (Public Transport)

$0.43 PAB 0.43

Public Transport Monthly Pass (Regular Price)

$22.51 PAB 22.51

Taxi Start (Normal Tariff)

$2.53 PAB 2.53

$2.54 PAB 2.54

-0.39%

Taxi (Normal Tariff) (1km)

$1.80 PAB 1.80

$1.77 PAB 1.77

1.69%

Taxi 1hour Waiting (Normal Tariff)

$21.65 PAB 21.65

$21.96 PAB 21.96

-1.41%

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

$19.8K PAB 19.8K

-1.33%

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

$20.1K PAB 20.1K

$20.7K PAB 20.7K

-2.85%

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

$122 PAB 122

$123 PAB 123

-0.68%

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

$14.76 PAB 14.76

$29.47 PAB 29.47

-49.92%

Internet (50+ Mbps, Unlimited Data)

$42.27 PAB 42.27

$49.61 PAB 49.61

-14.80%

Gym Membership (Monthly)

$45.84 PAB 45.84

Tennis Court (1 Hour on Weekend)

$32.41 PAB 32.41

Cinema Ticket

$7.83 PAB 7.83

$7.94 PAB 7.94

-1.39%

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

$470 PAB 470

$467 PAB 467

0.62%

International Primary School, 1 Child (Yearly)

$15.8K PAB 15.8K

-0.29%

Jeans (Levis 501 Or Similar)

$52.1 PAB 52.1

$51.0 PAB 51.0

2.24%

Summer Dress (H&M, Zara, etc)

$46.46 PAB 46.46

$45.98 PAB 45.98

1.04%

Sport Shoes (Adidas, Nike)

$89.5 PAB 89.5

$87.8 PAB 87.8

1.86%

Men's Leather Business Shoes

$123 PAB 123

$121 PAB 121

1.53%

1-bedroom Apartment, City Center (Monthly)

$443 PAB 443

$1,144 PAB 1,144

-61.28%

1-bedroom Apartment, Outside City Center (Monthly)

$644 PAB 644

$898 PAB 898

-28.35%

3-bedroom Apartment, City Center (Monthly)

$660 PAB 660

$2,036 PAB 2,036

-67.57%

3-bedroom Apartment, Outside City Center (Monthly)

$1,089 PAB 1,089

$1,592 PAB 1,592

-31.57%

Buy Apartment in City Center (m2)

$3,188 PAB 3,188

Buy Apartment Outside City Center (m2)

$1,753 PAB 1,753

Average Monthly Net Salary (After Tax)

$965 PAB 965

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 7, 2026

Last update for Panama City: March 9, 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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