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

🙂 Solo nomad: Santiago is 12.7% cheaper than Panama City without rent, and 21.1% cheaper with rent.

🙂 Family of 3: Santiago is 34.5% cheaper than Panama City without rent, and 27.8% cheaper with rent.

Meal at Budget Restaurant

$4.56 PAB 4.56

$10.13 PAB 10.13

-54.99%

Three-Course Dinner for Two, Mid-Range

$29.57 PAB 29.57

$50.2 PAB 50.2

-41.08%

Fast Food Meal (McDonalds, etc)

$5.12 PAB 5.12

$8.19 PAB 8.19

-37.48%

Cappuccino

$3.68 PAB 3.68

$3.63 PAB 3.63

1.38%

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

$0.67 PAB 0.67

$1.68 PAB 1.68

-60.12%

Water (0.33 liter bottle)

$0.84 PAB 0.84

$1.39 PAB 1.39

-39.57%

Local Beer (0.5 liter draught)

$0.98 PAB 0.98

$2.99 PAB 2.99

-67.22%

Imported Beer (0.33 liter bottle)

$2.05 PAB 2.05

$3.89 PAB 3.89

-47.30%

Milk (1 liter)

$1.90 PAB 1.90

$1.82 PAB 1.82

4.40%

White Bread (500g)

$2.55 PAB 2.55

$2.47 PAB 2.47

3.24%

Rice (white) (1kg)

$2.50 PAB 2.50

$2.40 PAB 2.40

4.17%

Eggs

$2.86 PAB 2.86

$2.82 PAB 2.82

1.42%

Local Cheese (1kg)

$11.63 PAB 11.63

$11.46 PAB 11.46

1.48%

Chicken Fillets (1kg)

$7.14 PAB 7.14

$7.36 PAB 7.36

-2.99%

Beef Round Steak (1kg)

$9.85 PAB 9.85

$9.81 PAB 9.81

0.41%

Apples (1kg)

$3.29 PAB 3.29

$3.38 PAB 3.38

-2.66%

Banana (1kg)

$1.49 PAB 1.49

$1.47 PAB 1.47

1.36%

Oranges (1kg)

$2.77 PAB 2.77

$2.83 PAB 2.83

-2.12%

Tomato (1kg)

$3.14 PAB 3.14

$3.09 PAB 3.09

1.62%

Potato (1kg)

$2.21 PAB 2.21

$2.24 PAB 2.24

-1.34%

Onion (1kg)

$2.83 PAB 2.83

$2.77 PAB 2.77

2.17%

Lettuce (1 head)

$2.21 PAB 2.21

$2.13 PAB 2.13

3.76%

Water (1.5 liter bottle)

$1.58 PAB 1.58

$1.54 PAB 1.54

2.60%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 PAB 6.09

$6.03 PAB 6.03

1.00%

Wine (Bottle)

$10.93 PAB 10.93

$10.98 PAB 10.98

-0.46%

Local Beer (0.5 liter bottle)

$1.28 PAB 1.28

Imported Beer (0.33 liter bottle)

$2.37 PAB 2.37

$2.40 PAB 2.40

-1.25%

One-way Ticket (Public Transport)

$0.41 PAB 0.41

Public Transport Monthly Pass (Regular Price)

$22.68 PAB 22.68

Taxi Start (Normal Tariff)

$2.44 PAB 2.44

$2.55 PAB 2.55

-4.31%

Taxi (Normal Tariff) (1km)

$1.83 PAB 1.83

Taxi 1hour Waiting (Normal Tariff)

$21.69 PAB 21.69

$21.82 PAB 21.82

-0.60%

Gasoline (1 liter)

$0.92 PAB 0.92

$0.87 PAB 0.87

5.75%

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

$20.1K PAB 20.1K

$19.7K PAB 19.7K

2.04%

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

$20.8K PAB 20.8K

-0.05%

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

$120 PAB 120

$121 PAB 121

-0.78%

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

$14.86 PAB 14.86

$30.37 PAB 30.37

-51.07%

Internet (50+ Mbps, Unlimited Data)

$42.91 PAB 42.91

$48.88 PAB 48.88

-12.21%

Gym Membership (Monthly)

$45.39 PAB 45.39

Tennis Court (1 Hour on Weekend)

$32.72 PAB 32.72

Cinema Ticket

$8.15 PAB 8.15

$8.08 PAB 8.08

0.87%

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

$477 PAB 477

$470 PAB 470

1.42%

International Primary School, 1 Child (Yearly)

$15.9K PAB 15.9K

$15.8K PAB 15.8K

0.64%

Jeans (Levis 501 Or Similar)

$50.7 PAB 50.7

$51.7 PAB 51.7

-1.84%

Summer Dress (H&M, Zara, etc)

$46.79 PAB 46.79

$46.93 PAB 46.93

-0.30%

Sport Shoes (Adidas, Nike)

$88.0 PAB 88.0

$89.0 PAB 89.0

-1.13%

Men's Leather Business Shoes

$122 PAB 122

$123 PAB 123

-0.89%

1-bedroom Apartment, City Center (Monthly)

$458 PAB 458

$1,149 PAB 1,149

-60.18%

1-bedroom Apartment, Outside City Center (Monthly)

$643 PAB 643

$883 PAB 883

-27.23%

3-bedroom Apartment, City Center (Monthly)

$663 PAB 663

$2,063 PAB 2,063

-67.88%

3-bedroom Apartment, Outside City Center (Monthly)

$1,079 PAB 1,079

$1,595 PAB 1,595

-32.35%

Buy Apartment in City Center (m2)

$3,067 PAB 3,067

Buy Apartment Outside City Center (m2)

$1,712 PAB 1,712

Average Monthly Net Salary (After Tax)

$947 PAB 947

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: April 11, 2026

Last update for Panama City: April 13, 2026

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

Santiago vs other spots: cost of living compared

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