Last update: Oct 2026

Cost of Living Comparison Between Ubatuba and Panama City

For one person, living is cheaper in Ubatuba: $855 a month against $1,855 in Panama City, rent and utilities included – about $12,000 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Ubatuba
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Ubatuba Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Ubatuba

🇧🇷 Brazil

$855

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

How much you'll spend in Ubatuba 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 Ubatuba and in Panama City actually costs, broken down by who's living it.

A single person spends $855 per month in Ubatuba vs $1,855 in Panama City, rent included.

Ubatuba $855
Panama City $1,855

A couple spends around $1,360 per month in Ubatuba vs $2,804 in Panama City, rent included.

Ubatuba $1,360
Panama City $2,804

A family of three spends $1,865 per month in Ubatuba vs $3,753 in Panama City, rent included.

Ubatuba $1,865
Panama City $3,753

Ubatuba is about 54% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Ubatuba sits 37% below the global median, while Panama City is 37% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.59 R$38.48

$11.63 PAB 11.63

-34.74%

Three-Course Dinner for Two, Mid-Range

$29.05 R$147

$47.92 PAB 47.92

-39.38%

Fast Food Meal (McDonalds, etc)

$5.09 R$25.78

$7.96 PAB 7.96

-36.06%

Cappuccino

$1.46 R$7.40

$4.22 PAB 4.22

-65.40%

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

$1.29 R$6.52

$2.01 PAB 2.01

-35.82%

Water (0.33 liter bottle)

$0.93 R$4.72

$1.56 PAB 1.56

-40.38%

Local Beer (0.5 liter draught)

$2.43 R$12.32

$3.39 PAB 3.39

-28.32%

Imported Beer (0.33 liter bottle)

$3.92 R$19.85

$3.94 PAB 3.94

-0.51%

Milk (1 liter)

$1.06 R$5.38

$1.85 PAB 1.85

-42.70%

White Bread (500g)

$1.85 R$9.37

$2.56 PAB 2.56

-27.73%

Rice (white) (1kg)

$1.39 R$7.04

$3.48 PAB 3.48

-60.06%

Eggs

$2.51 R$12.73

$2.69 PAB 2.69

-6.69%

Local Cheese (1kg)

$2.97 R$15.06

$12.57 PAB 12.57

-76.37%

Chicken Fillets (1kg)

$4.06 R$20.58

$6.83 PAB 6.83

-40.56%

Beef Round Steak (1kg)

$8.22 R$41.69

$10.58 PAB 10.58

-22.31%

Apples (1kg)

$1.63 R$8.24

$4.18 PAB 4.18

-61.00%

Banana (1kg)

$1.23 R$6.24

$1.83 PAB 1.83

-32.79%

Oranges (1kg)

$1.18 R$5.97

$4.20 PAB 4.20

-71.90%

Tomato (1kg)

$1.40 R$7.11

$4.03 PAB 4.03

-65.26%

Potato (1kg)

$1.17 R$5.95

$3.48 PAB 3.48

-66.38%

Onion (1kg)

$1.19 R$6.02

$4.22 PAB 4.22

-71.80%

Lettuce (1 head)

$0.93 R$4.74

$2.41 PAB 2.41

-61.41%

Water (1.5 liter bottle)

$0.63 R$3.18

$1.69 PAB 1.69

-62.72%

Cigarettes 20 Pack (Marlboro, Camel)

$2.55 R$12.90

$6.14 PAB 6.14

-58.47%

Wine (Bottle)

$8.08 R$40.96

$11.30 PAB 11.30

-28.50%

Local Beer (0.5 liter bottle)

$1.58 R$8.03

$1.42 PAB 1.42

11.27%

Imported Beer (0.33 liter bottle)

$2.62 R$13.27

$2.73 PAB 2.73

-4.03%

One-way Ticket (Public Transport)

$1.01 R$5.13

$0.33 PAB 0.33

206.06%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$1.22 R$6.19

$2.52 PAB 2.52

-51.59%

Taxi (Normal Tariff) (1km)

$0.73 R$3.72

$1.86 PAB 1.86

-60.75%

Taxi 1hour Waiting (Normal Tariff)

$8.73 R$44.27

$21.78 PAB 21.78

-59.92%

Gasoline (1 liter)

$1.29 R$6.56

$1.25 PAB 1.25

3.20%

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

$24.1K R$122.1K

$21.2K PAB 21.2K

13.43%

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

$32.8K R$166.1K

$21.0K PAB 21.0K

55.90%

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

$66.0 R$334

$130 PAB 130

-49.18%

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

$9.01 R$45.69

$28.13 PAB 28.13

-67.97%

Internet (50+ Mbps, Unlimited Data)

$19.76 R$100

$48.21 PAB 48.21

-59.01%

Gym Membership (Monthly)

$11.94 R$60.5

$45.78 PAB 45.78

-73.92%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$7.81 R$39.58

$8.67 PAB 8.67

-9.92%

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

$438 R$2,223

$544 PAB 544

-19.44%

International Primary School, 1 Child (Yearly)

$11.1K R$56.4K

$9,697 PAB 9,697

14.81%

Jeans (Levis 501 Or Similar)

$64.7 R$328

$66.8 PAB 66.8

-3.10%

Summer Dress (H&M, Zara, etc)

$56.4 R$286

$49.14 PAB 49.14

14.67%

Sport Shoes (Adidas, Nike)

$89.3 R$453

$93.9 PAB 93.9

-4.82%

Men's Leather Business Shoes

$79.8 R$405

$112 PAB 112

-28.45%

1-bedroom Apartment, City Center (Monthly)

$396 R$2,007

$1,257 PAB 1,257

-68.51%

1-bedroom Apartment, Outside City Center (Monthly)

$298 R$1,512

$875 PAB 875

-65.90%

3-bedroom Apartment, City Center (Monthly)

$816 R$4,135

$2,155 PAB 2,155

-62.15%

3-bedroom Apartment, Outside City Center (Monthly)

$612 R$3,102

$1,564 PAB 1,564

-60.87%

Buy Apartment in City Center (m2)

$1,797 R$9,110

$3,122 PAB 3,122

-42.44%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$385 R$1,952

$916 PAB 916

-57.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.81

6.39

69.17%

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

Last update for Ubatuba: October 12, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Ubatuba

$298 34.9%

Panama City

$875 47.2% 193% $577

Groceries & Markets

Ubatuba

$172 20.2%

Panama City

$325 17.5% 88.7% $153

Clothing & Footwear

Ubatuba

$131 15.3%

Panama City

$145 7.8% 10.7% $14

Eating Out

Ubatuba

$122 14.3%

Panama City

$207 11.1% 68.9% $84

Monthly Utilities & Internet

Ubatuba

$95 11.1%

Panama City

$206 11.1% 118% $111

Sport & Entertainment

Ubatuba

$28 3.2%

Panama City

$63 3.4% 129% $36

Getting Around

Ubatuba

$8.9 * 1.1%

Panama City

$34 1.9% 285% $25

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

Cost Breakdown

A central one-bedroom costs $396 in Ubatuba versus $1,257 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.

Salaries run about 138% higher in Panama City, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $29.00 in Ubatuba versus $48.00 in Panama City. Monthly groceries follow the same trend: $172 vs $325 – making Ubatuba the more affordable choice for daily food spending.

Good to know

🇧🇷 Ubatuba

🇵🇦 Panama City

🕒 Local time

01:20 1:20 AM

23:20 11:20 PM

2 h behind Ubatuba

🌤 Weather

👥 Population

92,981

1,086,990 Capital

💱 Currency

Brazilian Real BRL R$

Panamanian Balboa PAB B/.

📈 Exchange rate

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 18, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Panamanian Balboa exchange rates as of October 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to BRL in detail →

On the map

Lowest

Highest

Between locations

Ubatuba Panama City 5,200 km ≈ 7 h nonstop flight

From you

Ubatuba
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

Ubatuba vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Panama City is pricier by about 117%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,282 per month in Ubatuba and $2,783 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ubatuba, 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 $855 in Ubatuba and $1,855 in Panama City. That's a gap of about 117%.

Kindergarten costs $438 per month in Ubatuba and $544 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 Ubatuba, where all-in costs run around $855, than in Panama City at $1,855. In Ubatuba it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.

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

If budget matters most, go with Ubatuba. 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.