Cost of Living in Coronado - Updated Prices & Insights

Monthly Cost of Living

Living costs for one person come to about $1,431 monthly including rent, or $664 excluding housing.

Estimated monthly costs for a couple: $2,323 with rent, or $1,164 without housing.

Monthly costs for a family of three come to about $3,216 including rent, or $1,664 for daily expenses alone.

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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$11.83 PAB 11.83
$7.89 PAB 7.89
$12.81 PAB 12.81
Three-Course Dinner for Two, Mid-Range
$55.6 PAB 55.6
$35.38 PAB 35.38
$56.6 PAB 56.6
Fast Food Meal (McDonalds, etc)
$8.99 PAB 8.99
$7.70 PAB 7.70
$10.28 PAB 10.28
Cappuccino
$4.56 PAB 4.56
$1.42 PAB 1.42
$6.07 PAB 6.07
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.90 PAB 0.90
$0.77 PAB 0.77
$1.83 PAB 1.83
Water (0.33 liter bottle)
$0.94 PAB 0.94
$0.84 PAB 0.84
$1.04 PAB 1.04
Local Beer (0.5 liter draught)
$0.98 PAB 0.98
$0.98 PAB 0.98
$1.96 PAB 1.96
Imported Beer (0.33 liter bottle)
$3.06 PAB 3.06
$2.55 PAB 2.55
$4.08 PAB 4.08
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.95 PAB 1.95
$1.31 PAB 1.31
$2.20 PAB 2.20
White Bread (500g)
$1.55 PAB 1.55
$1.04 PAB 1.04
$2.18 PAB 2.18
Rice (white) (1kg)
$2.93 PAB 2.93
-
Eggs
$2.35 PAB 2.35
$2.22 PAB 2.22
$2.47 PAB 2.47
Local Cheese (1kg)
$11.86 PAB 11.86
$8.29 PAB 8.29
$13.65 PAB 13.65
Chicken Fillets (1kg)
$6.72 PAB 6.72
$3.18 PAB 3.18
$8.44 PAB 8.44
Beef Round Steak (1kg)
$9.04 PAB 9.04
$4.32 PAB 4.32
$14.72 PAB 14.72
Banana (1kg)
$0.98 PAB 0.98
$0.91 PAB 0.91
$1.03 PAB 1.03
Oranges (1kg)
$3.03 PAB 3.03
-
Tomato (1kg)
$2.91 PAB 2.91
-
Potato (1kg)
$1.80 PAB 1.80
$1.48 PAB 1.48
$2.17 PAB 2.17
Onion (1kg)
$1.86 PAB 1.86
$1.47 PAB 1.47
$2.25 PAB 2.25
Lettuce (1 head)
$2.18 PAB 2.18
$1.47 PAB 1.47
$2.53 PAB 2.53
Cigarettes 20 Pack (Marlboro, Camel)
$5.90 PAB 5.90
-
Wine (Bottle)
$10.18 PAB 10.18
$5.09 PAB 5.09
$12.22 PAB 12.22
Local Beer (0.5 liter bottle)
$0.73 PAB 0.73
$0.55 PAB 0.55
$1.01 PAB 1.01
Imported Beer (0.33 liter bottle)
$0.68 PAB 0.68
-
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.99 PAB 0.99
$0.69 PAB 0.69
$1.98 PAB 1.98
Taxi Start (Normal Tariff)
$1.53 PAB 1.53
$1.53 PAB 1.53
$1.53 PAB 1.53
Taxi (Normal Tariff) (1km)
$1.47 PAB 1.47
$1.22 PAB 1.22
$4.91 PAB 4.91
Taxi 1hour Waiting (Normal Tariff)
$10.02 PAB 10.02
-
Gasoline (1 liter)
$0.94 PAB 0.94
$0.83 PAB 0.83
$1.31 PAB 1.31
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.3K PAB 34.3K
-
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$141 PAB 141
$80.3 PAB 80.3
$201 PAB 201
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.92 PAB 20.92
$16.67 PAB 16.67
$25.50 PAB 25.50
Internet (50+ Mbps, Unlimited Data)
$58.8 PAB 58.8
$50.4 PAB 50.4
$66.5 PAB 66.5
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$58.8 PAB 58.8
-
Cinema Ticket
$3.34 PAB 3.34
-
🧸 Childcare & Education
Cost
Range
International Primary School, 1 Child (Yearly)
$5,910 PAB 5,910
-
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$45.89 PAB 45.89
$45.89 PAB 45.89
$45.89 PAB 45.89
Summer Dress (H&M, Zara, etc)
$30.06 PAB 30.06
-
Sport Shoes (Adidas, Nike)
$99.1 PAB 99.1
-
Men's Leather Business Shoes
$130 PAB 130
$63.9 PAB 63.9
$197 PAB 197
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$772 PAB 772
$386 PAB 386
$1,015 PAB 1,015
1-bedroom Apartment, Outside City Center (Monthly)
$561 PAB 561
$239 PAB 239
$747 PAB 747
3-bedroom Apartment, City Center (Monthly)
$1,248 PAB 1,248
-
3-bedroom Apartment, Outside City Center (Monthly)
$1,290 PAB 1,290
$855 PAB 855
$1,508 PAB 1,508
Buy Apartment Outside City Center (m2)
$2,024 PAB 2,024
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$608 PAB 608
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6
-

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

Last update: August 30, 2026

Cost Breakdown

Expect to pay about $772 for a central one-bedroom, or $561 outside the center. At 127% of the average salary ($608), housing is the biggest financial pressure.

Average take-home pay sits at $608, while typical expenses reach $1,431. The gap means tight budgeting for locals, though expats with foreign income can live comfortably.

Expect to spend about $228 monthly on groceries. Dining out at a mid-range restaurant costs roughly $56.0 for two.

Cost Highlights

Imported beer is among the 20 cheapest worldwide (out of 7,162 cities)

Coronado has the cheapest local beer in North America

Coronado has the 2nd cheapest local beer in North America

Coronado Median Internet Speeds (Updated April 2026)

Mobile

Download
Mbps
Upload
Mbps
Latency
ms

Fixed Broadband

Download
Mbps
Upload
Mbps
Latency
ms
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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Cost of Living in Coronado - Frequently Asked Questions
Is Coronado, Panama a good value for travelers, expats, and digital nomads, and how does it compare to other beach towns or urban hubs?
Coronado, Panama offers a comfortable, beachside lifestyle that often costs less than urban centers while delivering reliable amenities and a friendly, expat-friendly vibe. The Cost of Living in Coronado, Panama tends to be steadier than in big cities, with a mix of rental options, cafes, and supermarkets that suit varied budgets. You can find affordable local eateries and mid-range condos with security and maintenance included. For digital nomads, short commutes to the coast and reasonable wifi balance work and leisure. Seasonal tourist flux can affect service hours and availability, so plan accordingly. Tip: Start with a short stay to test neighborhoods before committing.
What does daily life look like for housing search, food options, transport, and co-working in Coronado?
Daily life in Coronado revolves around a relaxed routine with practical options. For housing, search by neighborhood that fits your vibe – oceanfront condos, newer gated communities, or quieter inland complexes; check HOA fees, security, and what utilities are included. Food comes in two speeds: quick local spots and larger supermarkets with imported goods; stock up at markets to keep costs reasonable. Transport is flexible: many residents use golf carts, bikes, or short taxi hops to errands and coworking spaces. Remote workers often cluster in cafes with decent wifi, while errands like banks or clinics are concentrated along the main road. Coronado, Panama living cost varies by area. Tip: Create a weekly route to minimize backtracking.
What’s a practical approach to budgeting for quality of life and choosing a neighborhood that fits your vibe in Coronado?
Quality of life in Coronado centers on balance between outdoor living and practical routine. Build your budgeting framework around core needs – rent, utilities, groceries, transport, and leisure – then adjust for seasonal shifts in service hours and crowds. To save, look for longer-term leases with included maintenance, cook at home with fresh market produce, and choose energy-efficient accommodations. Neighborhood fit matters: beachfront blocks offer morning walks and sunsets, while inland zones tend to be quieter and potentially cheaper. Embrace a slower pace, local social events, and safe, walkable streets. Tip: Scope two or three neighborhoods by visiting at different times of day to gauge vibe.
What is the average cost of living in Coronado?
A single person in Coronado typically spends $1,431 per month once rent is factored in. Strip out housing, and everyday essentials like groceries, utilities, transport, and personal spending land around $664. The final number shifts depending on your neighborhood, eating habits, and general lifestyle.
What is the average cost of living in Coronado in 2026?
As of 2026, monthly living costs in Coronado come to around $1,431 including rent, or roughly $664 excluding it. Numbers shift a bit by season and neighborhood, but this range works well as a planning baseline.
How much do you need to earn to live comfortably in Coronado?
Around $2,146 take-home puts you in a comfortable spot in Coronado – enough for rent, food, bills, and a bit of savings. Drop below that and you'll probably need to share a flat, stick to cooking at home, or pick a neighborhood further out.
How much does a 1-bedroom apartment cost in Coronado?
Rents for a 1-bedroom flat in Coronado range from $561 to $772, depending on location and condition. Central apartments sit at the top of that range; outer neighborhoods and suburbs deliver noticeably better value per square meter.
Is food expensive in Coronado?
At about $228 monthly, food costs in Coronado sit in moderate territory. A mix of local markets and supermarkets covers most needs at fair prices, and most residents eat well without having to pinch pennies.
How expensive is a gym membership in Coronado?
A regular gym membership in Coronado costs around $58.8 monthly. It's a reasonable expense that fits into most budgets, and you generally get decent facilities for the price.
Can a person live on $1,000 monthly in Coronado?
Living on $1,000 in Coronado means careful planning, since monthly costs average $1,431. It works with a cheap apartment and disciplined spending, but expect trade-offs on where you live, how often you eat out, and entertainment.
Is Coronado good for expats?
Expats in Coronado enjoy fast internet, low crime rates, clean air, and monthly costs average around $1,431. The international crowd is active and welcoming, and practical stuff – bank accounts, apartment hunting, healthcare – is all manageable with some basic prep.
Can you save money living in Coronado?
Monthly expenses in Coronado run around $1,431, so putting money aside takes more than $2,146 in income. Keeping housing costs low and avoiding lifestyle creep are the keys to building a decent savings rate here.

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