Last update: Oct 2026

Cost of Living Comparison Between Todos Santos and Panama City

For one person, living is cheaper in Todos Santos: $1,398 a month against $1,857 in Panama City, rent and utilities included – about $5,500 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Todos Santos
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Todos Santos Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Todos Santos

🇲🇽 Mexico

$1,398

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

How much you'll spend in Todos Santos and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Todos Santos and in Panama City actually costs, broken down by who's living it.

A single person spends $1,398 per month in Todos Santos vs $1,857 in Panama City, rent included.

Todos Santos $1,398
Panama City $1,857

A couple spends around $2,069 per month in Todos Santos vs $2,815 in Panama City, rent included.

Todos Santos $2,069
Panama City $2,815

A family of three spends $2,741 per month in Todos Santos vs $3,773 in Panama City, rent included.

Todos Santos $2,741
Panama City $3,773

Todos Santos is about 25% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Both Todos Santos and Panama City sit above the global median – Todos Santos by 3%, Panama City by 37%.

Meal at Budget Restaurant

$10.97 MX$203

$11.68 PAB 11.68

-6.08%

Three-Course Dinner for Two, Mid-Range

$44.57 MX$824

$47.76 PAB 47.76

-6.68%

Fast Food Meal (McDonalds, etc)

$8.31 MX$154

$8.12 PAB 8.12

2.34%

Cappuccino

$3.54 MX$65.3

$4.23 PAB 4.23

-16.31%

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

$1.41 MX$26.01

$1.92 PAB 1.92

-26.56%

Water (0.33 liter bottle)

$1.06 MX$19.67

$1.58 PAB 1.58

-32.91%

Local Beer (0.5 liter draught)

$2.44 MX$45.14

$3.31 PAB 3.31

-26.28%

Imported Beer (0.33 liter bottle)

$4.13 MX$76.3

$3.98 PAB 3.98

3.77%

Milk (1 liter)

$1.60 MX$29.60

$1.92 PAB 1.92

-16.67%

White Bread (500g)

$2.68 MX$49.48

$2.63 PAB 2.63

1.90%

Rice (white) (1kg)

$1.65 MX$30.44

$3.39 PAB 3.39

-51.33%

Eggs

$2.53 MX$46.72

$2.67 PAB 2.67

-5.24%

Local Cheese (1kg)

$8.01 MX$148

$12.21 PAB 12.21

-34.40%

Chicken Fillets (1kg)

$8.20 MX$151

$6.91 PAB 6.91

18.67%

Beef Round Steak (1kg)

$11.37 MX$210

$10.58 PAB 10.58

7.47%

Apples (1kg)

$2.82 MX$52.1

$4.16 PAB 4.16

-32.21%

Banana (1kg)

$1.57 MX$28.97

$1.97 PAB 1.97

-20.30%

Oranges (1kg)

$1.91 MX$35.22

$4.06 PAB 4.06

-52.96%

Tomato (1kg)

$1.83 MX$33.86

$4.18 PAB 4.18

-56.22%

Potato (1kg)

$1.92 MX$35.53

$3.47 PAB 3.47

-44.67%

Onion (1kg)

$1.80 MX$33.30

$4.26 PAB 4.26

-57.75%

Lettuce (1 head)

$1.46 MX$26.92

$2.44 PAB 2.44

-40.16%

Water (1.5 liter bottle)

$1.13 MX$20.97

$1.69 PAB 1.69

-33.14%

Cigarettes 20 Pack (Marlboro, Camel)

$4.34 MX$80.3

$5.83 PAB 5.83

-25.56%

Wine (Bottle)

$10.44 MX$193

$11.43 PAB 11.43

-8.66%

Local Beer (0.5 liter bottle)

$1.75 MX$32.31

$1.38 PAB 1.38

26.81%

Imported Beer (0.33 liter bottle)

$3.23 MX$59.8

$2.76 PAB 2.76

17.03%

One-way Ticket (Public Transport)

$0.63 MX$11.61

$0.33 PAB 0.33

90.91%

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

Taxi Start (Normal Tariff)

$2.58 MX$47.63

$2.55 PAB 2.55

1.18%

Taxi (Normal Tariff) (1km)

$1.95 MX$35.96

$1.78 PAB 1.78

9.55%

Taxi 1hour Waiting (Normal Tariff)

$11.14 MX$206

$22.17 PAB 22.17

-49.75%

Gasoline (1 liter)

$1.48 MX$27.32

$1.24 PAB 1.24

19.35%

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

$20.9K MX$386.6K

$24.4K PAB 24.4K

-14.30%

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

$23.7K MX$437.5K

$21.3K PAB 21.3K

11.18%

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

$58.6 MX$1,082

$131 PAB 131

-55.40%

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

$23.08 MX$426

$27.83 PAB 27.83

-17.07%

Internet (50+ Mbps, Unlimited Data)

$29.66 MX$548

$49.32 PAB 49.32

-39.86%

Gym Membership (Monthly)

$34.43 MX$636

$45.69 PAB 45.69

-24.64%

Tennis Court (1 Hour on Weekend)

$20.26 MX$374

$34.10 PAB 34.10

-40.59%

Cinema Ticket

$5.05 MX$93.4

$8.47 PAB 8.47

-40.38%

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

$217 MX$4,006

$553 PAB 553

-60.83%

International Primary School, 1 Child (Yearly)

$4,567 MX$84.4K

$9,719 PAB 9,719

-53.01%

Jeans (Levis 501 Or Similar)

$54.0 MX$997

$66.4 PAB 66.4

-18.78%

Summer Dress (H&M, Zara, etc)

$40.53 MX$749

$47.39 PAB 47.39

-14.48%

Sport Shoes (Adidas, Nike)

$100 MX$1,853

$95.7 PAB 95.7

4.86%

Men's Leather Business Shoes

$90.2 MX$1,666

$113 PAB 113

-19.94%

1-bedroom Apartment, City Center (Monthly)

$993 MX$18.3K

$1,322 PAB 1,322

-24.93%

1-bedroom Apartment, Outside City Center (Monthly)

$650 MX$12.0K

$874 PAB 874

-25.70%

3-bedroom Apartment, City Center (Monthly)

$1,880 MX$34.7K

$2,153 PAB 2,153

-12.67%

3-bedroom Apartment, Outside City Center (Monthly)

$979 MX$18.1K

$1,580 PAB 1,580

-38.06%

Buy Apartment in City Center (m2)

$1,910 MX$35.3K

$3,097 PAB 3,097

-38.35%

Buy Apartment Outside City Center (m2)

$1,134 MX$20.9K

$1,698 PAB 1,698

-33.24%

Average Monthly Net Salary (After Tax)

$914 PAB 914

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

6.39

76.84%

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

Last update for Todos Santos: October 19, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Todos Santos

$650 46.5%

Panama City

$874 47.1% 34.6% $225

Groceries & Markets

Todos Santos

$264 18.9%

Panama City

$327 17.6% 23.8% $63

Eating Out

Todos Santos

$185 13.3%

Panama City

$207 11.2% 11.6% $22

Clothing & Footwear

Todos Santos

$128 9.2%

Panama City

$145 7.8% 13% $17

Monthly Utilities & Internet

Todos Santos

$111 8%

Panama City

$208 11.2% 87.3% $97

Sport & Entertainment

Todos Santos

$45 3.2%

Panama City

$63 3.4% 40.6% $18

Getting Around

Todos Santos

$15 * 1.1%

Panama City

$33 1.8% 126% $19

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $993 in Todos Santos versus $1,322 in Panama City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $45.00 in Todos Santos versus $48.00 in Panama City. Monthly groceries follow the same trend: $264 vs $327 – making Todos Santos the more affordable choice for daily food spending.

Good to know

🇲🇽 Todos Santos

🇵🇦 Panama City

🕒 Local time

11:54 11:54 AM

13:54 1:54 PM

2 h ahead of Todos Santos

🌤 Weather

👥 Population

5,148

1,086,990 Capital

💱 Currency

Mexican Peso MXN $

Panamanian Balboa PAB B/.

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 20, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

Panamanian Balboa exchange rates as of October 20, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to MXN in detail →

On the map

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Between locations

Todos Santos Panama City 3,640 km ≈ 5 h nonstop flight

From you

Todos Santos
Panama City

Distances are measured in a straight line. Your location is detected approximately.

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

Todos Santos vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 33%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,097 per month in Todos Santos and $2,786 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Todos Santos, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,398 in Todos Santos and $1,857 in Panama City. That's a gap of about 33%.

Kindergarten costs $217 per month in Todos Santos and $553 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Todos Santos, where all-in costs run around $1,398, than in Panama City at $1,857. In Todos Santos it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

Families tend to lean toward Todos Santos – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Todos Santos. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.