Last update: Oct 2026 Panama 1.4K

Cost of Living in Coronado

Name: Coronado
Address: Coronado, PA

For one person, living costs in Coronado are estimated at $1,349 a month, including rent and utilities – 15% below the national average. Rent and utilities take more than half of the total.

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Coronado

🇵🇦 Panama

Monthly Cost of Living

How much you'll spend in Coronado

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

Living costs for one person come to about $1,349 monthly including rent, or $612 excluding housing.

$1,349 /mo

Estimated monthly costs for a couple: $2,172 with rent, or $1,076 without housing.

$2,172 /mo

Monthly costs for a family of three come to about $2,996 including rent, or $1,539 for daily expenses alone.

$2,996 /mo

Meal at Budget Restaurant

$12.23 PAB 12.23

$8.15 PAB 8.15

$13.25 PAB 13.25

Three-Course Dinner for Two, Mid-Range

$55.3 PAB 55.3

$28.15 PAB 28.15

$56.3 PAB 56.3

Fast Food Meal (McDonalds, etc)

$8.94 PAB 8.94

$7.65 PAB 7.65

$10.21 PAB 10.21

Cappuccino

$3.83 PAB 3.83

$1.41 PAB 1.41

$6.05 PAB 6.05

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

$1.23 PAB 1.23

$0.82 PAB 0.82

$1.83 PAB 1.83

Water (0.33 liter bottle)

$0.92 PAB 0.92

$0.86 PAB 0.86

$0.97 PAB 0.97

Local Beer (0.5 liter draught)

$1.02 PAB 1.02

$2.05 PAB 2.05

Imported Beer (0.33 liter bottle)

$2.57 PAB 2.57

$2.05 PAB 2.05

$4.11 PAB 4.11

Milk (1 liter)

$1.94 PAB 1.94

$1.31 PAB 1.31

$2.19 PAB 2.19

White Bread (500g)

$1.59 PAB 1.59

$1.06 PAB 1.06

$2.22 PAB 2.22

Eggs

$2.36 PAB 2.36

$2.23 PAB 2.23

$2.48 PAB 2.48

Local Cheese (1kg)

$11.62 PAB 11.62

$8.12 PAB 8.12

$13.37 PAB 13.37

Chicken Fillets (1kg)

$6.87 PAB 6.87

$3.25 PAB 3.25

$8.62 PAB 8.62

Beef Round Steak (1kg)

$9.34 PAB 9.34

$4.46 PAB 4.46

$15.21 PAB 15.21

Banana (1kg)

$0.90 PAB 0.90

$0.84 PAB 0.84

$0.95 PAB 0.95

Oranges (1kg)

$2.97 PAB 2.97

Tomato (1kg)

$2.88 PAB 2.88

Potato (1kg)

$1.83 PAB 1.83

$1.51 PAB 1.51

$2.22 PAB 2.22

Onion (1kg)

$1.86 PAB 1.86

$1.47 PAB 1.47

$2.25 PAB 2.25

Lettuce (1 head)

$2.54 PAB 2.54

Wine (Bottle)

$8.75 PAB 8.75

$5.15 PAB 5.15

$12.35 PAB 12.35

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)

$0.70 PAB 0.70

One-way Ticket (Public Transport)

$0.67 PAB 0.67

Taxi Start (Normal Tariff)

$1.49 PAB 1.49

Taxi (Normal Tariff) (1km)

$1.49 PAB 1.49

Gasoline (1 liter)

$0.94 PAB 0.94

$0.83 PAB 0.83

$1.35 PAB 1.35

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

$33.3K PAB 33.3K

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

$172 PAB 172

$142 PAB 142

$202 PAB 202

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

$21.06 PAB 21.06

$16.78 PAB 16.78

$25.67 PAB 25.67

Internet (50+ Mbps, Unlimited Data)

$58.8 PAB 58.8

$50.4 PAB 50.4

$66.6 PAB 66.6

Gym Membership (Monthly)

$59.9 PAB 59.9

Cinema Ticket

$3.43 PAB 3.43

Jeans (Levis 501 Or Similar)

$45.03 PAB 45.03

Men's Leather Business Shoes

$64.4 PAB 64.4

1-bedroom Apartment, City Center (Monthly)

$773 PAB 773

$387 PAB 387

$1,017 PAB 1,017

1-bedroom Apartment, Outside City Center (Monthly)

$565 PAB 565

$241 PAB 241

$752 PAB 752

3-bedroom Apartment, City Center (Monthly)

$1,241 PAB 1,241

3-bedroom Apartment, Outside City Center (Monthly)

$1,285 PAB 1,285

$851 PAB 851

$1,502 PAB 1,502

Buy Apartment Outside City Center (m2)

$1,970 PAB 1,970

Average Monthly Net Salary (After Tax)

$443 PAB 443

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

Last update: October 11, 2026

Monthly budget structure

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

Coronado $1,349

Accommodation & Living

$565 41.9%

Monthly Utilities & Internet

$252 18.7%

Groceries & Markets

$216 * 16%

Eating Out

$189 14%

Sport & Entertainment

$67 5%

Clothing & Footwear

$49 * 3.7%

Getting Around

$12 * 0.9%

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

Cost Breakdown

Expect to pay about $773 for a central one-bedroom, or $565 outside the center. At 175% of the average salary ($443), housing is the biggest financial pressure.

Average take-home pay sits at $443, while typical expenses reach $1,349. The gap means tight budgeting for locals, though expats with foreign income can live comfortably.

Expect to spend about $216 monthly on groceries. Dining out at a mid-range restaurant costs roughly $55.0 for two.

Cost Highlights

Imported beer is among the 20 cheapest worldwide (out of 7,169 cities)

Coronado has the cheapest local beer in North America

Coronado has the 4th cheapest local beer in North America

Good to know

🕒 Local time

14:53 2:53 PM

🌤 Weather

👥 Population

1,444

💱 Currency

Panamanian Balboa PAB B/.

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.889 EUR

Exchange rates and currency converter

On the map

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Coronado Median Internet Speeds (Updated April 2026)

Mobile

Mbps

Fixed Broadband

Mbps

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

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.

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.

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.

A single person in Coronado typically spends $1,349 per month once rent is factored in. Strip out housing, and everyday essentials like groceries, utilities, transport, and personal spending land around $612. The final number shifts depending on your neighborhood, eating habits, and general lifestyle.

As of 2026, monthly living costs in Coronado come to around $1,349 including rent, or roughly $612 excluding it. Numbers shift a bit by season and neighborhood, but this range works well as a planning baseline.

Around $2,024 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.

Rents for a 1-bedroom flat in Coronado range from $565 to $773, 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.

At about $216 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.

A regular gym membership in Coronado costs around $59.9 monthly. It's a reasonable expense that fits into most budgets, and you generally get decent facilities for the price.

Living on $1,000 in Coronado means careful planning, since monthly costs average $1,349. It works with a cheap apartment and disciplined spending, but expect trade-offs on where you live, how often you eat out, and entertainment.

Expats in Coronado enjoy fast internet, low crime rates, clean air, and monthly costs average around $1,349. The international crowd is active and welcoming, and practical stuff – bank accounts, apartment hunting, healthcare – is all manageable with some basic prep.

Monthly expenses in Coronado run around $1,349, so putting money aside takes more than $2,024 in income. Keeping housing costs low and avoiding lifestyle creep are the keys to building a decent savings rate here.