Cost of Living in Panama City - Updated Prices & Insights

55.79
Solo nomad: Estimated monthly costs are $791 (excluding rent), and $1,794 including rent.
Family of 3: Estimated monthly costs are $1,888 (excluding rent), and $3,579 including rent.
Currency
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$9.93 PAB 9.93
$5.46 PAB 5.46
$19.86 PAB 19.86
Three-Course Dinner for Two, Mid-Range
$49.95 PAB 49.95
$39.96 PAB 39.96
$99.9 PAB 99.9
Fast Food Meal (McDonalds, etc)
$7.84 PAB 7.84
$6.86 PAB 6.86
$8.82 PAB 8.82
Cappuccino
$3.64 PAB 3.64
$2.02 PAB 2.02
$5.04 PAB 5.04
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.66 PAB 1.66
$0.98 PAB 0.98
$2.45 PAB 2.45
Water (0.33 liter bottle)
$1.38 PAB 1.38
$1.01 PAB 1.01
$2.02 PAB 2.02
Local Beer (0.5 liter draught)
$2.92 PAB 2.92
$1.7 PAB 1.7
$3.89 PAB 3.89
Imported Beer (0.33 liter bottle)
$3.96 PAB 3.96
$2.97 PAB 2.97
$5.95 PAB 5.95
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.8 PAB 1.8
$1.45 PAB 1.45
$1.94 PAB 1.94
White Bread (500g)
$2.48 PAB 2.48
$1.08 PAB 1.08
$3.94 PAB 3.94
Rice (white) (1kg)
$2.43 PAB 2.43
$1.42 PAB 1.42
$4.36 PAB 4.36
Eggs
$2.8 PAB 2.8
$1.17 PAB 1.17
$3.5 PAB 3.5
Local Cheese (1kg)
$11.22 PAB 11.22
$3.83 PAB 3.83
$17.32 PAB 17.32
Chicken Fillets (1kg)
$7.31 PAB 7.31
$3.56 PAB 3.56
$11.22 PAB 11.22
Beef Round Steak (1kg)
$10.03 PAB 10.03
$5.04 PAB 5.04
$16.14 PAB 16.14
Apples (1kg)
$3.34 PAB 3.34
$1.49 PAB 1.49
$4.96 PAB 4.96
Banana (1kg)
$1.56 PAB 1.56
$0.92 PAB 0.92
$3.08 PAB 3.08
Oranges (1kg)
$2.83 PAB 2.83
$1.01 PAB 1.01
$6.55 PAB 6.55
Tomato (1kg)
$3.21 PAB 3.21
$2.03 PAB 2.03
$4.48 PAB 4.48
Potato (1kg)
$2.31 PAB 2.31
$1.02 PAB 1.02
$3.07 PAB 3.07
Onion (1kg)
$2.87 PAB 2.87
$1.01 PAB 1.01
$5.05 PAB 5.05
Lettuce (1 head)
$2.23 PAB 2.23
$1.27 PAB 1.27
$3.26 PAB 3.26
Water (1.5 liter bottle)
$1.52 PAB 1.52
$0.79 PAB 0.79
$2.45 PAB 2.45
Cigarettes 20 Pack (Marlboro, Camel)
$6.12 PAB 6.12
$5.61 PAB 5.61
$6.63 PAB 6.63
Wine (Bottle)
$10.17 PAB 10.17
$7.12 PAB 7.12
$15.26 PAB 15.26
Local Beer (0.5 liter bottle)
$1.26 PAB 1.26
$0.84 PAB 0.84
$2.25 PAB 2.25
Imported Beer (0.33 liter bottle)
$2.44 PAB 2.44
$1.28 PAB 1.28
$4.09 PAB 4.09
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.41 PAB 0.41
$0.34 PAB 0.34
$0.49 PAB 0.49
Public Transport Monthly Pass (Regular Price)
$22.31 PAB 22.31
$19.83 PAB 19.83
$39.67 PAB 39.67
Taxi Start (Normal Tariff)
$2.45 PAB 2.45
$1.96 PAB 1.96
$3.43 PAB 3.43
Taxi (Normal Tariff) (1km)
$1.86 PAB 1.86
$1.03 PAB 1.03
$4.12 PAB 4.12
Taxi 1hour Waiting (Normal Tariff)
$22.03 PAB 22.03
$14.02 PAB 14.02
$25.03 PAB 25.03
Gasoline (1 liter)
$0.95 PAB 0.95
$0.91 PAB 0.91
$1.09 PAB 1.09
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.8K PAB 19.8K
$19.1K PAB 19.1K
$23.6K PAB 23.6K
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.2K PAB 20.2K
$19.4K PAB 19.4K
$22.7K PAB 22.7K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$121 PAB 121
$88.5 PAB 88.5
$197 PAB 197
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.41 PAB 29.41
$20.69 PAB 20.69
$39.41 PAB 39.41
Internet (50+ Mbps, Unlimited Data)
$49.57 PAB 49.57
$40.27 PAB 40.27
$70.5 PAB 70.5
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$45.89 PAB 45.89
$30.22 PAB 30.22
$80.6 PAB 80.6
Tennis Court (1 Hour on Weekend)
$32.03 PAB 32.03
$19.71 PAB 19.71
$49.27 PAB 49.27
Cinema Ticket
$7.87 PAB 7.87
$6.4 PAB 6.4
$14.76 PAB 14.76
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$472 PAB 472
$327 PAB 327
$992 PAB 992
International Primary School, 1 Child (Yearly)
$16K PAB 16K
$12.2K PAB 12.2K
$20.3K PAB 20.3K
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$51.3 PAB 51.3
$24.88 PAB 24.88
$69.7 PAB 69.7
Summer Dress (H&M, Zara, etc)
$45.22 PAB 45.22
$14.71 PAB 14.71
$98.1 PAB 98.1
Sport Shoes (Adidas, Nike)
$91 PAB 91
$71.4 PAB 71.4
$102 PAB 102
Men's Leather Business Shoes
$120 PAB 120
$49.6 PAB 49.6
$198 PAB 198
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$1,155 PAB 1,155
$759 PAB 759
$1,721 PAB 1,721
1-bedroom Apartment, Outside City Center (Monthly)
$883 PAB 883
$649 PAB 649
$1,497 PAB 1,497
3-bedroom Apartment, City Center (Monthly)
$2,006 PAB 2,006
$1,481 PAB 1,481
$2,963 PAB 2,963
3-bedroom Apartment, Outside City Center (Monthly)
$1,549 PAB 1,549
$983 PAB 983
$2,457 PAB 2,457
Buy Apartment in City Center (m2)
$2,524 PAB 2,524
$2,013 PAB 2,013
$3,221 PAB 3,221
Buy Apartment Outside City Center (m2)
$1,621 PAB 1,621
$995 PAB 995
$2,190 PAB 2,190
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$936 PAB 936
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.23
6
7
Citycost data is based on AI and user input — minor inaccuracies may occur.
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