Cost of Living in Panama - Updated Prices & Insights

54.86
Solo nomad: Estimated monthly costs are $767 (excluding rent), and $1,618 including rent.
Family of 3: Estimated monthly costs are $1,908 (excluding rent), and $3,360 including rent.
Currency
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$9.97 PAB 9.97
$4.98 PAB 4.98
$15.95 PAB 15.95
Three-Course Dinner for Two, Mid-Range
$50.5 PAB 50.5
$35.37 PAB 35.37
$101 PAB 101
Fast Food Meal (McDonalds, etc)
$7.47 PAB 7.47
$6.98 PAB 6.98
$8.62 PAB 8.62
Cappuccino
$3.57 PAB 3.57
$1.96 PAB 1.96
$5.02 PAB 5.02
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.53 PAB 1.53
$1.03 PAB 1.03
$2.57 PAB 2.57
Water (0.33 liter bottle)
$1.25 PAB 1.25
$0.98 PAB 0.98
$1.96 PAB 1.96
Local Beer (0.5 liter draught)
$2.29 PAB 2.29
$1.53 PAB 1.53
$3.36 PAB 3.36
Imported Beer (0.33 liter bottle)
$3.73 PAB 3.73
$2.39 PAB 2.39
$4.98 PAB 4.98
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.85 PAB 1.85
$1.48 PAB 1.48
$2.14 PAB 2.14
White Bread (500g)
$2.39 PAB 2.39
$1.23 PAB 1.23
$3.91 PAB 3.91
Rice (white) (1kg)
$2.26 PAB 2.26
$1.08 PAB 1.08
$3.94 PAB 3.94
Eggs
$2.6 PAB 2.6
$1.17 PAB 1.17
$3.36 PAB 3.36
Local Cheese (1kg)
$11.14 PAB 11.14
$3.93 PAB 3.93
$24.59 PAB 24.59
Chicken Fillets (1kg)
$7.16 PAB 7.16
$3.24 PAB 3.24
$10.98 PAB 10.98
Beef Round Steak (1kg)
$9.42 PAB 9.42
$4.06 PAB 4.06
$15.66 PAB 15.66
Apples (1kg)
$3.85 PAB 3.85
$1.46 PAB 1.46
$6.32 PAB 6.32
Banana (1kg)
$1.34 PAB 1.34
$0.89 PAB 0.89
$2.97 PAB 2.97
Oranges (1kg)
$2.96 PAB 2.96
$1.02 PAB 1.02
$4.48 PAB 4.48
Tomato (1kg)
$2.96 PAB 2.96
$0.99 PAB 0.99
$4.36 PAB 4.36
Potato (1kg)
$2.08 PAB 2.08
$0.97 PAB 0.97
$2.91 PAB 2.91
Onion (1kg)
$2.46 PAB 2.46
$1.02 PAB 1.02
$4.5 PAB 4.5
Lettuce (1 head)
$2.14 PAB 2.14
$1.01 PAB 1.01
$3.04 PAB 3.04
Water (1.5 liter bottle)
$1.55 PAB 1.55
$0.97 PAB 0.97
$2.43 PAB 2.43
Cigarettes 20 Pack (Marlboro, Camel)
$6.08 PAB 6.08
$5.13 PAB 5.13
$6.67 PAB 6.67
Wine (Bottle)
$10.14 PAB 10.14
$7.1 PAB 7.1
$15.21 PAB 15.21
Local Beer (0.5 liter bottle)
$1.21 PAB 1.21
$0.61 PAB 0.61
$2.24 PAB 2.24
Imported Beer (0.33 liter bottle)
$2.17 PAB 2.17
$1.16 PAB 1.16
$3.89 PAB 3.89
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.51 PAB 0.51
$0.36 PAB 0.36
$1.79 PAB 1.79
Public Transport Monthly Pass (Regular Price)
$24.73 PAB 24.73
$19.78 PAB 19.78
$29.67 PAB 29.67
Taxi Start (Normal Tariff)
$2.04 PAB 2.04
$1.53 PAB 1.53
$3.58 PAB 3.58
Taxi (Normal Tariff) (1km)
$1.95 PAB 1.95
$1.46 PAB 1.46
$4.88 PAB 4.88
Taxi 1hour Waiting (Normal Tariff)
$21.31 PAB 21.31
$14.2 PAB 14.2
$25.37 PAB 25.37
Gasoline (1 liter)
$0.95 PAB 0.95
$0.9 PAB 0.9
$1.21 PAB 1.21
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.1K PAB 22.1K
$19.8K PAB 19.8K
$25.4K PAB 25.4K
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21K PAB 21K
$19.6K PAB 19.6K
$25K PAB 25K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$108 PAB 108
$74.1 PAB 74.1
$201 PAB 201
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.98 PAB 28.98
$19.89 PAB 19.89
$34.8 PAB 34.8
Internet (50+ Mbps, Unlimited Data)
$48.61 PAB 48.61
$35.44 PAB 35.44
$66.8 PAB 66.8
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$49.58 PAB 49.58
$28.63 PAB 28.63
$98.7 PAB 98.7
Tennis Court (1 Hour on Weekend)
$33.79 PAB 33.79
$20.02 PAB 20.02
$50.1 PAB 50.1
Cinema Ticket
$7.05 PAB 7.05
$5.03 PAB 5.03
$15.1 PAB 15.1
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$441 PAB 441
$296 PAB 296
$642 PAB 642
International Primary School, 1 Child (Yearly)
$11.7K PAB 11.7K
$6,095 PAB 6,095
$20.3K PAB 20.3K
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$47.49 PAB 47.49
$25.26 PAB 25.26
$70.7 PAB 70.7
Summer Dress (H&M, Zara, etc)
$41.63 PAB 41.63
$25.29 PAB 25.29
$80.9 PAB 80.9
Sport Shoes (Adidas, Nike)
$86.2 PAB 86.2
$61.1 PAB 61.1
$102 PAB 102
Men's Leather Business Shoes
$117 PAB 117
$49.75 PAB 49.75
$199 PAB 199
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$940 PAB 940
$601 PAB 601
$1,503 PAB 1,503
1-bedroom Apartment, Outside City Center (Monthly)
$710 PAB 710
$457 PAB 457
$1,191 PAB 1,191
3-bedroom Apartment, City Center (Monthly)
$1,751 PAB 1,751
$1,205 PAB 1,205
$3,012 PAB 3,012
3-bedroom Apartment, Outside City Center (Monthly)
$1,356 PAB 1,356
$948 PAB 948
$1,996 PAB 1,996
Buy Apartment in City Center (m2)
$2,114 PAB 2,114
$1,219 PAB 1,219
$3,252 PAB 3,252
Buy Apartment Outside City Center (m2)
$1,526 PAB 1,526
$988 PAB 988
$2,173 PAB 2,173
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$839 PAB 839
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.3
4
7
Citycost data is based on AI and user input — minor inaccuracies may occur.
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