Last update: Oct 2026

Cost of Living Comparison Between Uruguay and Panama City

For one person, living is cheaper in Uruguay: $1,645 a month against $1,837 in Panama City, rent and utilities included – about $2,300 less a year. Higher rent and utilities in Panama City outweigh lower spending on other living expenses.

79

Cost of Living Index in Uruguay
Learn more

Uruguay Living Index
90

Cost of Living Index in Panama City
Learn more

Panama City Living Index

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🇺🇾 Uruguay

$1,645

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

😐 Solo nomad: Uruguay is 12.5% more expensive than Panama City without rent, and 10.5% cheaper with rent.

😐 Family of 3: Uruguay is 12.7% more expensive than Panama City without rent, and 13.2% cheaper with rent.

Meal at Budget Restaurant

$16.92 UYU 680

$11.34 PAB 11.34

49.21%

Three-Course Dinner for Two, Mid-Range

$53.8 UYU 2,162

$47.85 PAB 47.85

12.35%

Fast Food Meal (McDonalds, etc)

$12.31 UYU 495

$8.07 PAB 8.07

52.54%

Cappuccino

$4.30 UYU 173

$4.02 PAB 4.02

6.97%

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

$2.29 UYU 92.3

$1.94 PAB 1.94

18.04%

Water (0.33 liter bottle)

$1.79 UYU 72.0

$1.62 PAB 1.62

10.49%

Local Beer (0.5 liter draught)

$3.75 UYU 151

$3.26 PAB 3.26

15.03%

Imported Beer (0.33 liter bottle)

$3.80 UYU 153

$3.99 PAB 3.99

-4.76%

Milk (1 liter)

$1.17 UYU 47.13

$1.83 PAB 1.83

-36.07%

White Bread (500g)

$2.61 UYU 105

$2.57 PAB 2.57

1.56%

Rice (white) (1kg)

$1.63 UYU 65.6

$3.33 PAB 3.33

-51.05%

Eggs

$4.32 UYU 174

$2.69 PAB 2.69

60.59%

Local Cheese (1kg)

$13.22 UYU 532

$12.33 PAB 12.33

7.22%

Chicken Fillets (1kg)

$10.73 UYU 431

$6.69 PAB 6.69

60.39%

Beef Round Steak (1kg)

$11.55 UYU 464

$10.40 PAB 10.40

11.06%

Apples (1kg)

$2.63 UYU 106

$4.16 PAB 4.16

-36.78%

Banana (1kg)

$2.50 UYU 101

$1.84 PAB 1.84

35.87%

Oranges (1kg)

$1.52 UYU 61.3

$4.18 PAB 4.18

-63.64%

Tomato (1kg)

$3.05 UYU 123

$4.08 PAB 4.08

-25.25%

Potato (1kg)

$1.87 UYU 75.0

$3.50 PAB 3.50

-46.57%

Onion (1kg)

$2.03 UYU 81.7

$4.37 PAB 4.37

-53.55%

Lettuce (1 head)

$1.35 UYU 54.4

$2.34 PAB 2.34

-42.31%

Water (1.5 liter bottle)

$1.76 UYU 70.8

$1.75 PAB 1.75

0.57%

Cigarettes 20 Pack (Marlboro, Camel)

$5.52 UYU 222

$6.06 PAB 6.06

-8.91%

Wine (Bottle)

$7.65 UYU 307

$11.72 PAB 11.72

-34.73%

Local Beer (0.5 liter bottle)

$2.18 UYU 87.5

$1.37 PAB 1.37

59.12%

Imported Beer (0.33 liter bottle)

$2.72 UYU 109

$2.84 PAB 2.84

-4.23%

One-way Ticket (Public Transport)

$1.35 UYU 54.5

$0.36 PAB 0.36

275.00%

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

$20.96 PAB 20.96

251.48%

Taxi Start (Normal Tariff)

$1.82 UYU 73.3

$2.52 PAB 2.52

-27.78%

Taxi (Normal Tariff) (1km)

$1.72 UYU 69.2

$1.79 PAB 1.79

-3.91%

Taxi 1hour Waiting (Normal Tariff)

$10.62 UYU 427

$22.01 PAB 22.01

-51.75%

Gasoline (1 liter)

$2.10 UYU 84.4

$1.25 PAB 1.25

68.00%

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

$28.1K UYU 1.1M

$21.5K PAB 21.5K

30.56%

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

$37.6K UYU 1.5M

$21.2K PAB 21.2K

77.27%

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

$150 UYU 6,031

$131 PAB 131

14.34%

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

$21.26 UYU 855

$27.68 PAB 27.68

-23.19%

Internet (50+ Mbps, Unlimited Data)

$39.96 UYU 1,607

$48.59 PAB 48.59

-17.76%

Gym Membership (Monthly)

$47.12 UYU 1,895

$46.11 PAB 46.11

2.19%

Tennis Court (1 Hour on Weekend)

$19.09 UYU 768

$35.01 PAB 35.01

-45.47%

Cinema Ticket

$11.34 UYU 456

$8.73 PAB 8.73

29.90%

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

$578 UYU 23.2K

$551 PAB 551

4.99%

International Primary School, 1 Child (Yearly)

$8,939 UYU 359.4K

$9,560 PAB 9,560

-6.50%

Jeans (Levis 501 Or Similar)

$87.8 UYU 3,531

$67.6 PAB 67.6

29.89%

Summer Dress (H&M, Zara, etc)

$50.9 UYU 2,045

$48.03 PAB 48.03

5.89%

Sport Shoes (Adidas, Nike)

$120 UYU 4,831

$94.9 PAB 94.9

26.62%

Men's Leather Business Shoes

$110 UYU 4,438

$113 PAB 113

-2.28%

1-bedroom Apartment, City Center (Monthly)

$651 UYU 26.2K

$1,238 PAB 1,238

-47.37%

1-bedroom Apartment, Outside City Center (Monthly)

$521 UYU 21.0K

$873 PAB 873

-40.32%

3-bedroom Apartment, City Center (Monthly)

$1,052 UYU 42.3K

$2,197 PAB 2,197

-52.12%

3-bedroom Apartment, Outside City Center (Monthly)

$877 UYU 35.3K

$1,538 PAB 1,538

-42.99%

Buy Apartment in City Center (m2)

$3,320 UYU 133.5K

$3,116 PAB 3,116

6.57%

Buy Apartment Outside City Center (m2)

$1,896 UYU 76.2K

$1,725 PAB 1,725

9.94%

Average Monthly Net Salary (After Tax)

$1,072 UYU 43.1K

$934 PAB 934

14.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.81

6.39

-9.08%

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

Last update for Uruguay: October 5, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Uruguay

$521 32%

Panama City

$873 47.2% 67.6% $352

Groceries & Markets

Uruguay

$307 18.8%

Panama City

$324 17.5% 5.7% $17

Eating Out

Uruguay

$267 16.3%

Panama City

$202 10.9% 24.4% $65

Monthly Utilities & Internet

Uruguay

$211 13%

Panama City

$207 11.2% 1.8% $3.8

Clothing & Footwear

Uruguay

$166 10.2%

Panama City

$146 7.9% 12.4% $21

Getting Around

Uruguay

$90 5.5%

Panama City

$34 1.8% 62.2% $56

Sport & Entertainment

Uruguay

$70 4.3%

Panama City

$64 3.4% 8.9% $6.2

Good to know

🇺🇾 Uruguay

🇵🇦 Panama City

🕒 Local time

10:45 10:45 AM

08:45 8:45 AM

2 h behind Uruguay

🌤 Weather

👥 Population

3,444,263

1,086,990 Capital

💱 Currency

Uruguayan Peso UYU $U

Panamanian Balboa PAB B/.

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 PAB = 1 USD

1 PAB = 0.892 EUR

Exchange rates and currency converter

PAB, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.06 UYU (100 UYU = 2.22 EUR).

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

USD to UYU in detail →

On the map

Lowest

Highest

Between locations

Uruguay Panama City 5,460 km ≈ 7 h nonstop flight

From you

Uruguay
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

Uruguay vs other spots: cost of living compared

Cost of Living Comparison Between Uruguay and Panama City

PAB, USD, EUR to UYU – Uruguayan Peso Converter

City Median Internet Speeds Comparison (Updated April 2026)

Uruguay

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Uruguay

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